NOT LISTED FOR SALE

5429 Lester Rd Cincinnati, OH 45213

-- Bed
-- Bath
-- Sq Ft
1952 Built

Last Sold February 28, 2019

Last sale price $295,000

77 Days on Market

About This Home

As of February 2019

Rare investment opportunity in the burgeoning neighborhood of Pleasant Ridge. Ten units, several updates, & owned by a veteran local property manager. This property includes a sizable off-street parking lot and a convenient location near the business district and highway access. Updated partial roof '16, owner's storage area, updated WH and boiler.

Last Agent to Sell the Property

Jay Ashmore

Coldwell Banker Realty License #2015002305 Listed on: 08/27/2018

Coldwell Banker Realty

Co-Listed By

Scott Oyler

Coldwell Banker Realty License #2003011808

Last Buyer's Agent

Peter Craft

Lou Park Realty License #2017004714

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1952

Parking

  • 9 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $2,870
  • Maintenance Expense $1,888
  • Water Sewer Expense $3,523
  • Gross Income $48,470
  • Net Operating Income $25,779

Property Details

Home Type

Condominium

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Suburb: Pleasant Ridge
  • Cross Street: Mapleleaf
  • Degree Complete: Drywall Complete
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 57.02
  • Cooling: Window Unit
  • Heating: Gas, Radiant
  • Lot Area Realist: 10193.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Pleasant Ridge
  • Annual Assessment Amount: of Record
  • Year Built: 1952
  • Appliance Include: all appliances included
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Ridge to Mapleleaf to Lester.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 10
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 25779.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 4311
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: of Record
  • Waste Removal: 1107
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 475.00
  • One Bedroom Number of Units: 5

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 295000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 9
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 3523

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1888.00

Fee Information

  • Taxes: 7598

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 48x248

Multi Family

  • Efficiency Rent: 330.00
  • Efficiency Units: 5
  • Gross Income: 48470.00
  • Total Buildings: 1
  • Insurance: 2870.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Off Market $295,000 -- --
02/28/2019 02/28/19 Sold $295,000 0.0% --
11/12/2018 11/12/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $295,000 0.0% --
10/24/2018 10/24/18 Price Changed $295,000 -10.6% --
10/15/2018 10/15/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $330,000 0.0% --
09/06/2018 09/06/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $330,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay Ashmore

    Seller's Agent in 2019

    Jay Ashmore

    Coldwell Banker Realty

    (513) 313-9722

    1 Total Sale

    Jay Ashmore
    Section Image
  • Scott Oyler

    Seller Co-Listing Agent in 2019

    Scott Oyler

    Coldwell Banker Realty

    (513) 547-2997

    16 in this area

    1,337 Total Sales

    Scott Oyler
    Section Image
  • Peter Craft

    Buyer's Agent in 2019

    Peter Craft

    Lou Park Realty

    (513) 505-9100

    42 Total Sales

    Peter Craft
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1593899

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45212

5429 Lester Rd, Cincinnati, OH

This home is located at 5429 Lester Rd, Cincinnati, OH 45213 since 27 August 2018. This property was built in 1952. 5429 Lester Rd is a home located in Hamilton County with nearby schools including Pleasant Ridge Montessori School, Shroder High School, and Clark Montessori High School.

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