NOT LISTED FOR SALE

1331 Le Mar Dr Cincinnati, OH 45238

-- Bed
-- Bath
-- Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: June 6, 2025

Last sale price $900,000

25 Days on Market

Highlights

  • 0.58 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • 9 Car Attached Garage

About This Home

As of June 2025

Excellent investment property located in Covedale. Multi-family has 9 two bedroom units with one full bathroom. In the basement are hook-ups for washer and dryer Each unit has its own garage with off street parking in the rear of the building. Building is 100% occupied. Opportunity to raise the rent on all units to $850.00 Roof was updated in 2021.

Last Agent to Sell the Property

Max Arroyo

Federle, Inc. License #2011001833 Listed on: 03/01/2025

Last Buyer's Agent

Faruk Atmaca

Lou Park Realty License #2024005035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,758

Year Built

  • Built in 1950

Lot Details

  • 0.58

Parking

  • 9 Car Attached Garage
  • 12 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Brick Fireplace
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • No Home Owners Association
  • Gross Income $81,660

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,758

Year Built

Built in 1950

Lot Details

0.58 Acres

Parking

9

Listing Details

  • Suburb: Covedale
  • Broker Approved: Yes
  • Census Tract Realist: 212.02
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 25265.00
  • Suburb S I C: Covedale
  • Price Per Acre: 1551724.14
  • Year Built: 1950
  • Appliance Include: 9 stoves 9 refrigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: Go West on Cleves Warsaw Road. Make a right on Le Mar Drive. Property located on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 9
  • Property Subtype 1: Apartment
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: $8879
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Brick, None
  • Available for Lease: No
  • Windows: Aluminum
  • Two Bedroom Rent: 756.00
  • Two Bedroom Sq Ft: 1018
  • Two Bedroom Units: 9

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Poured
  • Listing Price: 950000.00
  • Acres: 0.5800
  • New Construction: No

Garage/Parking

  • Garage: Attached
  • Garage Spaces: 9.00
  • Parking Spaces: 12
  • Parking: Off Street, Onstreet, Garage

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 17759

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 200 X 120
  • Lot Size Sq Ft: 25265.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 81660.00
  • Total Buildings: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Jun 10, 2025
Sold by
Bought by
Seller's Agent
Max Arroyo
Federle, Inc.
Buyer's Agent
Faruk Atmaca
Lou Park Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.0592%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2025
Closed on
Jun 6, 2025
Sold by
Bought by
Seller's Agent
Max Arroyo
Federle, Inc.
Buyer's Agent
Faruk Atmaca
Lou Park Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.0592%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Bought by

Purchase Details

Closed on
May 28, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
0.0514%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
0.0514%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1994
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
$360,000 None Available
-- None Available
-- Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $640,000
Closed $255,654
Closed $288,000
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $900,000 -5.3% --
03/26/2025 03/26/25 Pending -- -- --
03/10/2025 03/10/25 Off Market $950,000 -- --
03/01/2025 03/01/25 For Sale $950,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,870 $210,865 $20,790 $190,075
2024 $17,759 $210,865 $20,790 $190,075
2023 $17,687 $210,865 $20,790 $190,075
2022 $11,838 $123,190 $19,999 $103,191
2021 $11,144 $123,190 $19,999 $103,191
2020 $11,036 $123,190 $19,999 $103,191
2019 $11,312 $116,218 $18,869 $97,349
2018 $11,324 $116,218 $18,869 $97,349
2017 $10,998 $116,218 $18,869 $97,349
2016 $11,217 $115,920 $18,256 $97,664
2015 $10,316 $115,920 $18,256 $97,664
2014 $10,343 $115,920 $18,256 $97,664
2013 $10,872 $126,000 $19,845 $106,155
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832293

MLS of Greater Cincinnati (CincyMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.