Issuu

JULY 2020

CityLifestyle.com/LovelandOH

Summer SOAKING UP

CINCINNATI POLO CLUB: CATCH A MATCH IN LOVELAND

CHEERS TO 100 YEARS WITH WELLING & CO. JEWELERS

TAKE A HIKE ON THE PERFECT PATH

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LIFESTYLE LETTER

JULY 2020 PUBLISHER

Emily Barlow | emily.barlow@lifestylepubs.com EDITORIAL COORDINATOR

Stephanie Meinberg | stephanie.meinberg@lifestylepubs.com

Summer Plans “SO, WHAT ARE YOU GUYS DOING THIS SUMMER?” I have gotten this question a lot lately. I’m happy to report that I do have some new summer plans on my agenda this year—and I’m excited to share them with you.

SOCIAL MEDIA COORDINATOR

Mandy Geyman AD DESIGNER

Kaylee Mitchell LAYOUT DESIGNER

Dana Rudolph CONTRIBUTING WRITERS

Before the CPC contacted me last fall, I had no idea the Cincinnati Polo Club’s home field was right outside of downtown Loveland. My inner child was delighted at the possibility of getting close to a horse, so my husband and I and some friends attended a match. It was amazing. Spectators tailgated—bringing tents, tables, champagne, charcuterie and fancy hats. Peruse Saddle Sport and get educated on this sport and info on attending matches. Trust me, you will want to go! Pre-kids, my husband and I were no stranger to weekend hikes. We’ve taken some years off (little legs and long walks through the woods never seem to work in our favor), but we’re looking forward to exploring some trails this summer. Luckily, there’s no shortage of places to go—we’ve got your list of local favorites in Hit the

Natalie Shawver, Elizabeth A. Lowry, Stephanie Meinberg, Bill Furbee, Henry Allen CONTRIBUTING PHOTOGRAPHERS

Elizabeth A. Lowry, Maria Thompson, Curt McAdams of Livefire Photography, Mandy Geyman, Len Kaltman—West Chester Corporate Photography, Molly Wellmann, Sarah McCosham

CORPORATE TEAM CHIEF EXECUTIVE OFFICER Steven Schowengerdt CHIEF SALES OFFICER Matthew Perry

Trails, so get ready to dust off those boots and grab your walking stick.

CHIEF FINANCIAL OFFICER DeLand Shore

Last, downtown Loveland is one of my favorite places to frequent in the summer.

OPERATIONS DIRECTOR Janeane Thompson

ART DIRECTOR Sara Minor

Walking the trail, grabbing a bite and the wealth of shopping are just a few of my

AD MANAGER Chad Jensen

personal faves. Last fall, Welling & Co. Jewelers opened their second location in

REGIONAL SALES DIRECTOR Eric Williams

Loveland—this gem in the heart of downtown has the perfect mix of trendy pieces

WEB APPLICATIONS Michael O’Connell

Emily Barlow, Publisher 514 W 26TH ST., KANSAS CITY, MO

ON THE COVER For love of the game. PHOTOGRAPHY BY CURT MCADAMS OF LIVEFIRE PHOTOGRAPHY 4

Loveland Lifestyle | July 2020

CityLifestyle.com/LovelandOH

Proverbs 3:5-6 Loveland Lifestyle™ is published monthly by Lifestyle Publications LLC. It is distributed via the US Postal Service to some of the Loveland areas’ most affluent neighborhoods. Articles and advertisements do not necessarily reflect Lifestyle Publications’ opinions. No portion of this magazine may be reproduced in any form without written consent. Lifestyle Publications does not assume responsibility for statements made by advertisers or editorial contributors. Information in Loveland Lifestyle™ is gathered from sources considered to be reliable, but the accuracy of all information cannot be guaranteed.

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INSIDE THE ISSUE JULY 2020

FEATURES 16 The Sweetheart of Ohio Loveland’s Nickname Is Now Also the Perfect Summer Cocktail

18 Saddle Sport Ponies & Polo: The Sport of Kings Has Come a Long Way in Loveland

24 Four Generations of Family Tradition Jeweler Welling & Co.

16 18

Celebrates 100 Years

30 Hit the Trails Six Local Hikes—Good For the Body, Good for the Soul

DEPARTMENTS 4

Lifestyle Letter

Good Times

Around Town

Culinary Creations

Giving Back

24 Locally Owned 30 Our Town 33 Realty Report 34 Financial Buzz

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Loveland Lifestyle | July 2020

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GOOD TIMES

Operation American Resolve, Cincinnati Blue skies and bright eyes marked the morning of May 7th as people gathered all across town—waiting and watching for the flyover salute to Cincy’s frontline COVID-19 healthcare workers and first responders. Near our own Bethesda North, these families cheered as two F-16 Fighting Falcons from the Ohio Air National Guard’s 180th Fighter Wing roared overhead in tribute to all.

Loveland Lifestyle | July 2020

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AROUND TOWN donations of various school supplies to prepare families in need for a successful (stress-free) start to the 2020 school year. If you’re able, please consider dropping off notebooks, calculators, planners and more. Monetary or gift card donations are also greatly appreciated. The pantry operates out of Prince of Peace Church. For more info and the full supply list to help stock this year’s Student LIFE Shop, visit LifeFoodPantry.org

SOOOO BURGER! Big, juicy things are happening on the bike trail. The new 50 West Burger Bar is now open— and they’re serving up more than just burgers and fries! In collaboration with Great Parks

BETTER WITH DONUTS

of Hamilton County and Columbia Township,

Now stocked and stacked with delicious, doughy

the food-fab addition goes hand-in-hand with

options, the newly renovated Loveland Holtman’s

an extension to the Little Miami Scenic Trail.

Donuts is again open for business. This classic

Bring the family out for Americana-style fare and

location—the first of their delicious donut dynasty—

kid-friendly options like house-brewed root beer

closed November of last year for renovations.

or a milkshake. Grab a brew in the Beer Garden,

Although the inside was completely remodeled, the

enjoy a burger at the Bar—it’s summertime! Open

shop is still housed in the same recognizable resi-

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dence. “We’re happy we were able to work with the old bones of the building and breathe new life into

NEED TO CLEAN?

the space,” co-owner Katie Plazarin shares. Next

Loveland resident Steve Plitt is helping local

time you’re looking to satisfy a sweet tooth, stop by

businesses and residents get access to surface

this Cincy staple. HoltmansDonutShop.com

disinfectant and hand sanitizer at an affordable price. His company PF5, which manufac-

PACK THE PACKS

tures various chemicals and finished products,

Going back to school can be stressful—espe-

started producing hand sanitizer that could also

cially when it comes to purchasing everything

be sprayed on surfaces—the sanitizer follows

kids need. The LIFE Food Pantry is now collecting

the formula provided by the FDA, WHO, CDC CONTINUED >

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CHATS AND CHANGES Summer is synonymous with backyard fun, grilling out on the patio and big family dinners in the dining room—but what about that outdated furniture? Or your dreams of a new spa? Make it all happen from home—Watson’s is now offering free video consultations. If you need help designing your space, indoors or out, schedule a video chat with an expert and get the answers you need without leaving your house—they’ll create a plan with your lifestyle and budget in mind. Set up your virtual design appointment today. Watsons.com/Design MAINSTREAM BOUTIQUE OF CINCINNATI 11358 Montgomery Road | Cincinnati, OH 45249 | mainstreamboutique.com

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CULINARY CREATIONS

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The Sweetheart of Ohio features bourbon, strawberry preserves, mint, and champagne.

CIOUSLY CREATED A ONE-OF-A-KIND LIBATION JUST FOR LOVELAND. The

bourbon-based

drink,

called

the

“Sweetheart of Ohio” after our nickname, features strawberry preserves, mint and champagne for a cool, tasty, easy-sippin’ cocktail that just screams summer. The strawberries are another nod to our history—in the 1800s, the Clermont County hills were known for producing an abundance of strawberries that shipped all over the United States. To top off the cocktail, “We needed a little sparkle with the champagne to represent how beautiful Loveland is,” Molly says. “And bourbon for its down-home, all-American feel!”

INGREDIENTS + 1.5 oz bourbon + 1 tbsp strawberry preserves

+ 2 sprigs of fresh mint + Top with champagne

ll y ol We

DIRECTIONS

P h o to

ll m a nn

Add bourbon, strawberry preserves and one sprig of mint to a cocktail shaker. Add ice. Shake and strain into a cocktail glass. Top off with champagne and garnish with a strawberry and sprig of mint.

The Sweetheart LOVELAND’S NICKNAME IS NOW ALSO THE PERFECT SUMMER COCKTAIL ARTICLE ELIZABETH A. LOWRY PHOTOGRAPHY ELIZABETH A. LOWRY 16

Loveland Lifestyle | July 2020

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GIVING BACK PONIES & POLO: THE SPORT OF KINGS HAS COME A LONG WAY IN LOVELAND ARTICLE NATALIE SHAWVER PHOTOGRAPHY CURT MCADAMS OF LIVEFIRE PHOTOGRAPHY

Loveland Lifestyle | July 2020

SADDLE SPORT TRADITION. It’s the heart of all sports. Whether you’re breaking

of 7 minutes to signal to players that 30 seconds remain. During

in a new glove, gearing up before the big game, or donning your

that 30 seconds, play continues until a team scores or the ball hits

favorite player’s jersey … there’s nothing quite like being a fan

the sideboards. If neither occurs within 30 seconds, the horn blows

on the sidelines or a player stepping onto the field. Taking in the

twice to signal the end of the chukker. The goal? Typical to many

energy around you and hoping for victory—it’s the blood that runs

sports: hit the ball between two goalposts; the team scoring the

through every athlete’s veins.

most goals wins. Not to be overlooked is the polo pony itself—these

And for the Cincinnati Polo Club, tradition runs deep. In a city that once fielded three polo clubs (dating back to 1913), the current (now

horses are skilled at sprinting, sudden halts, quick and accurate turns, and pushing others out of their way.

solo) organization began in 2010 with only a handful of members and

“While the crowd gets excited when someone has a breakaway

no field whatsoever. Today? Sixteen playing members and a cadre of

and gallops down the field hitting the ball, the sport is truly played

social devotees—ranging from high schoolers to retirees, males and

best when the four people wearing the same colored jersey work

females, equine enthusiasts and lessees of the beautiful animals—

together passing the ball and taking out the other team,” Torie says.

who simply love the game. Oh, and of course 27 horses who do, too

Polo is the only full-contact sport where men and women com-

… all coming together on the team’s home turf right here in Loveland.

pete at the same time … it even appeared at the Olympics. In fact,

Torie Front, President of the CPC, is no stranger to the ins and outs

polo predates most sports, with evidence of a version of polo being

of polo. As a previous Columbus Polo Club member for 15 years, she

played in Persia, circa 6th century BC.

and her husband felt it only made sense to seek out the CPC upon

As for who should attend? That’s easy: everyone. Families or sin-

moving here. Carting a truck with a trailer and multiple horses, the

gles, old or young, even dog lovers—set up your lawn chairs, pop-a-

competition, camaraderie, and awe of the horses and relationships

squat on a picnic blanket, tailgate with champagne and fine cheeses,

that polo brings promised nothing but memories in the making.

and enjoy a beautiful summer polo day in Loveland (complete with

The CPC is in the Mid-States Circuit, which includes parts of New York, Pennsylvania, Michigan, Indiana, Ohio and Kentucky. For those of us completely in the dark about this born-of-Asia sport, here’s a brief history lesson: Polo is a team sport, with four players on each team. Each match

social-distancing ease—cars parked 6 feet apart and viewing space galore down the 300-yard-long sideline). “If I had to describe the CPC in three words, I’d choose exciting, accessible and real,” Torie says. “People can attend a polo match in their most comfortable clothing, or get as dressed up as they like.”

consists of four to six chukkas or chukkers (periods) that last as

It isn’t just the horses and the exciting play the people come for—

long as 7½ minutes each—played on a regulation polo field (the

it’s the experience (and perhaps wanting to vicariously live out that

area of about 9 American football fields). A horn blows at the end

memorable Pretty Woman scene).

CONTINUED >

CityLifestyle.com/LovelandOH

GIVING BACK (CONTINUED)

“At halftime, spectators are invited out onto the field to ‘stomp the divots.’ Divots are chunks of turf that have been kicked up by the running horses, and it helps the game to have a smooth playing surface.” You know the rest, right? “Beware … don’t stomp the steaming divot.” With merch tents, tailgating and hat contests, plus foot mallet polo (with stick horses) and plenty of food and drink, there’s truly something for any age. Even better, if you’re interested in learning how to play polo yourself, you can sign up for a clinic. But best of all? The CPC events help raise money and awareness for local charities. Each home game features a charity in need—and in turn, the charity sells raffles and refreshments to help support their worthy cause. Torie, and the rest of the team, is accustomed to worthy causes— the CPC is volunteer-run … and pulling off a polo season takes help from everyone. “We have different committees in charge of things like our charity partners, caring for the polo field, everything that happens on the field on game day, promotions, sponsorships …” And in light of the events (and changes) surrounding COVID-19, ensuring the game lives on is high on the priority list for Torie. “I hope we get great crowds at each of our home games—our season starts on June 28 and runs through the fourth weekend of October,” she says. “With lots of spectators, it helps the local charity of the day have a good experience, and the more people see polo, the more they get hooked.” It’s this positive mentality that has been the backbone of the club since its inception a decade ago. In 2010, the CPC didn’t even have a field on which to play—they practiced on both Goshen and Batavia fields for seven years until the Wygle family invited the club to Chatsworth Polo Field in Loveland, the perfect setting for the MidStates Circuit, and the club’s current home. “When the sidelines are full, the charity is having a good day, the sun is shining (but there are a few clouds to keep it cool), my team is playing like a team, and I score a goal—that’s what I like about polo,” Torie says. “We’re just regular people participating in a great sport on wonderful horses.” 20

Loveland Lifestyle | July 2020

COMMON POLO TERMS BUMP. A player is permitted to ride into another player so as to spoil their shot. CHUKKAS/CHUKKERS. Periods that make up a polo match. GROOMS. Individuals who take care of the day-to-day responsibilities of feeding, cleaning, tacking, prepping, doctoring, transporting and caring for the polo ponies. HANDICAPS. Similar to a rating—the higher a person is rated, the better the player is. Handicaps range from -2 to 10, with 10 goals being the best. MALLET. Also known as a “stick.” The shaft is made from a bamboo shoot, and the head from either the bamboo root or a hard wood such as maple. Mallets vary in length from 48–54 inches and are very flexible in comparison to a golf club or a hockey stick. NEAR SIDE. The left-hand side of the horse. OFF SIDE. The right-hand side of the horse. RIDE OFF. This occurs when two riders make contact and attempt to push each other off the line of the ball so as to prevent the other from striking. The ponies are the ones intended to do the pushing, although a player may use his body (but not his elbows). CincinnatiPoloClub.com Chatsworth Farms, 10355 Dallasburg Rd., Loveland | 513.223.3071

CityLifestyle.com/LovelandOH

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Loveland Lifestyle | July 2020

IT WAS 1920 WHEN RICHARD E. WELLING PUR-

Offering a diverse array of services is key to Welling

CHASED HIS FIRST JEWELRY STORE LOCATED IN

& Co.’s success—they offer top-notch jewelry selection

DOWNTOWN LOCKLAND, OHIO.

and craftsmanship, but that’s not all. With industry-lead-

A full 100 years later, the jewelry business he built

ing technology and techniques, they’re able to provide

back then includes countless satisfied customers

customers with watch and jewelry repair, engraving,

around the world—many in and around the Greater

resizing and appraisal services.

Loveland area, now being served by a brand-new storefront in historic downtown.

Custom jewelry design may be one of the jeweler’s more popular requests. With the help of Computer

“Maintaining the business across multiple gener-

Aided Design, Welling & Co. team members are able to

ations is a huge accomplishment,” fourth-generation

efficiently, artistically visualize the perfect jewelry piece

owner Daniel Welling says. “In our industry, trust and

for any customer, each one unique and handcrafted.

security are important to customers.”

During that process, and at each step of the way, 3D

That trust and security have resonated with Welling & Co.’s devoted client base for decades. “Each generation

computer prototypes help ensure client satisfaction as the design comes to life.

(demonstrates) a plan for the future,” he explains. That

“Custom design gives us the ability to make anything

plan includes the jeweler’s extended family as well—the

you can imagine. We can design from scratch or use

families and communities Welling & Co. continues to

stones passed down for generations.”

serve, generation after generation. It’s a family-strong commitment that’s been there from the very beginning.

What’s more, it’s always a good time to consider watch maintenance, and Welling & Co.’s watch repair services are also in demand—many don’t realize the

In the early 20s, Richard Welling acquired his first store

importance of proper band adjustment, cleaning and oil.

on the advice of a friend; his son, William F. Welling, even-

Daniel is able to reflect on some of the other

tually took over the location and was later joined by his

changes his family’s business has undergone over

younger brother, Thomas. In 1979, Welling & Co. opened

the past 100 years, some of which involved some

a second location in Mason. William F. Welling, Jr., had

pretty creative thinking. “It seems there’s always

a hand in making their newest location a success, and

something that is forcing you to adapt and think

eventually purchased that store from his father and uncle.

‘outside of the box,’” he says, a sentiment any busi-

These days, Welling & Co. is proud to operate in both

ness owner will surely agree with. Prime example?

West Chester and Loveland. “Our family grew up in the Loveland area,” Daniel says, pointing out that he and his siblings attended St.

“During the Great Depression, we sold items like perfume and toasters! Anything that was available and could keep the business moving forward.”

Columban and St. Margaret of York. “I remember, as a

Technology has also changed, and it has impacted

kid, riding a school bus through the historic downtown

many aspects of how Welling & Co. does business. “We’re

area of Loveland. Never did I imagine having a store

now competing with companies all over the world,” Daniel

located here. It’s changed so much!”

notes, referring to online resources and competition. CONTINUED >

CityLifestyle.com/LovelandOH

LOCALLY OWNED (CONTINUED)

“MAINTAINING THE BUSINESS ACROSS MULTIPLE GENERATIONS IS A HUGE ACCOMPLISHMENT. IN OUR INDUSTRY, TRUST AND SECURITY ARE IMPORTANT TO CUSTOMERS.” That means customer service and personal

initial business model, put into place a cen-

relationships become even more important

tury ago. “We thrive on customer referrals,”

for the organization’s success.

Daniel says. “And customer service.”

And, with social distancing measures in

He’s not alone in maintaining the family’s

effect all spring and through today, Welling &

commitment to customer satisfaction—three

Co. has had to adapt how they satisfy cus-

other Welling family members are currently

tomers once again. Daniel is quick to outline

on staff: his father, Bill; Josh, specializing in

a number of precautions they’ve taken, some

jewelry and watch repair; and Taylor, in sales.

of which are specific to the jewelry industry.

“I think people are comfortable know-

“We’ve followed all the necessary guidelines

ing that we have history,” Daniel says.

to keep and maintain a safe work environ-

Customers will find recognizable faces and a

ment for ourselves and customers. We regu-

name they can trust at Welling & Co. … he’s

larly clean our jewelry and provide customers

quick to point out their 100-year celebration

with jewelry cleaning and inspection. We still

is only the beginning.

offer curbside pickup for anyone not comfort-

“We hope to continue to grow in the

able stepping inside the store.” There’s also

Loveland area,” Daniel says, with more than

the option to shop online, with speedy replies

a hint of family pride.

for any questions that might arise. Regardless of trends and shifting work

WellingAndCo.com

environments, the success Welling & Co.

208 W. Loveland Ave.

enjoys is still tied to Richard E. Welling’s

513.683.9355

Loveland Lifestyle | July 2020

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OUR TOWN Little Miami Scenic Trail

Hit the Trails SIX LOCAL HIKES—GOOD FOR THE BODY, GOOD FOR THE SOUL ARTICLE STEPHANIE MEINBERG

YOU DID IT. You put on your hiking shoes. Grabbed your water. Maybe brought along a friend, kiddo or furry companion. You made the trek, and embraced Nature in one of the ways she loves best—you simply got outside … and took a hike. And there was that moment, remember? When you were deep in the shady, sun-dappled woods. At the top of a steep vista you’d huffed up to climb. Rounding that long, lazy bend or finally emerging from a copse-laden path—you stopped and stared ... and smiled. You could hear the birds trill, maybe a bee’s buzzy mm-hmm, or a creek murmuring its sweet water song. Your shoulders relaxed, your brow softened. You could hear your own breath, made louder with a sigh of contentment. And you thought, yeah, this was a great idea. For some of us, hiking out among the wild (wild-ish for this part of Ohio) is food for the soul. Others prefer a more tamed (paved) path, enjoying flora and fauna while still in proximity to restrooms and refreshment. Fortunately for us, we’re surrounded by both. Find your moment—your yeah, great idea moment—at any (or all) of these six local trails. Each is ideal and idyllic in its own way, whether planning an all-day family outing or a simple solo trek. No matter the choice, your road awaits. 30

Loveland Lifestyle | July 2020

Little Miami Scenic Trail, #1

This rare gem can boast its path prowess as the third

longest paved trail in the nation, covering just over 78 miles and “the sounds and ‘feel’ of a forest,” Eric Partee Little Miami Scenic Trail

of the LMC says. The trail itself is dotted with numerous nature preserves, restrooms, restaurants, shops, parks and vistas—best of all, it runs parallel to the Little Miami. “Dedicated wood-chip trails lead you down to the river’s edge for more breathtaking views and the river experience—a real treat!” Free and open yearround; maps and more: LittleMiami.org

The Grailville Trails, #2

Located just up the hill from historic downtown and

nestled among 75 acres, this natural, unpaved oasis is a bit different from the rest. “The Trails include a changing terrain and meander—versus a set loop,” Terrie Puckett of the Grail offers. “Many find the loop by O’Bannon Creek to be one of the most beautiful, still and serene areas around.” Birdwatching, butterfly gardens, an edible forest (oh yes) and outdoor labyrinth—perfect for meditating—round out this distinctive three-trail hiking escape. Leashed dogs welcome; free and open during daylight hours. Grailville

Grail-US.org/Where-We-Are/Grailville/

Camp Dennison

Camp Dennison Nature Trail, #3

Just outside the heart of the town of Camp Dennison

(north of SR28 and inside the 275 loop) lies 12 acres of verdant, lush forest and one stellar trail. Find yourself surrounded by woodlands and yet still somewhat off the beaten path—a half-mile loop that’s tucked away and marked by its signature crushed limestone trail base. Family friendly, free to use and open yearround, it’s a short, sweet getaway that shines between March and November. Nature trip, anyone? Directions: SymmesTownship.org

CONTINUED >

CityLifestyle.com/LovelandOH

OUR TOWN (CONTINUED)

Cincinnati Nature Center, #4

Two properties. More than 1,700 acres. Nearly 20

miles of trails for all levels, all ages. “It’s an outdoor experience for everyone!” Marian Perkowski of the Nature Center says. An experience indeed—consider it your hometown hiking mecca, complete with opportunities to hike at night and other guided events hosted by their experienced staff. “Trails wind through fields and forests, by ponds and streams … incredible vistas at every turn.” You can even participate in their Hike for Your Health challenge—stamp your passport after

Fort Ancient, #5

From downtown Loveland, Oregonia is only about

a 30-minute drive up 71 … and this one’s worth the trip. Boasting a museum with 9,000 square feet of

nt , Photograph b yS

tion and hours: CincyNature.org

am o sh

ncie

Nature Center has it all. Member/nonmember registra-

rt A Fo

serious, strenuous trekking or easy-going ambles, the

ara h

completing each of the 17 trails. Whether you’re up for

exhibitions, 18,000 feet of earthworks and a prehistoric hilltop enclosure, Fort Ancient is a 2,000-year-old monument—and a phenomenal place to hike. More than 2.5 miles of trails coincide with an up-close brush with history—hikers and history buffs unite! Plus, it’s

Nature Center

perfect for families to explore—the Connector trail is an easy-going (and educational) quarter mile, just right for little legs. Admission fees and open dates: FortAncient.org

Sharon Woods Trails, #6

It’s a trifecta of trails—pick your path and get moving

at this 730-acre park near the heart of Sharonville. First up, the Gorge Trail—a moderate hike at .7 miles (one way), it’s also a haven for rockhounds, budding geologists and avian enthusiasts. Or, explore the SharedUse Trail—a mellow 2.6-mile loop teeming with nature. Look for sunning snakes, wood ducks and maybe a beaver or two! Or try the Fitness Trail—a wide, onemile choice that loops back on itself and follows the park’s boundary. Open year-round; maps and more: GreatParks.org

Loveland Lifestyle | July 2020

Sharon Woods

REALTY REPORT REALTY REPORT

NEIGHBORHOOD

LOVELAND

ORIGINAL PRICE

SOLD PRICE

%SOLD/ORIG

DOM

BDRMS

BATHS

Cross Creek

389,900

380,000

97%

4.1

Symmes Creek

425,000

385,000

91%

149

3.1

Morgan's Trace

430,000

100%

3.1

Enyart Rd

439,000

393,000

90%

2.1

Adams Rd

439,900

409,500

93%

2.1

Estates at Miami Trails

445,000

415,000

93%

2.1

Elliott Farms

480,520

472,592

98%

3.1

Pheasant Hills on the Lake

484,900

468,000

97%

2.1

Jackson Woods

499,500

479,500

96%

271

3.1

Morgan's Trace

500,000

487,500

98%

2.1

River Oaks

525,000

505,000

96%

108

3.1

Red Bird Rd

550,000

484,000

88%

142

2.2

Bayhill at the Oasis

595,000

560,000

94%

128

4.1

Old Branch Hill Miamiville Rd

645,000

629,900

98%

120

Adams Rd

1,399,000

1,250,000

89%

264

This data is a sampling of sold properties from May 2020. Source: Cincinnati MLS system. DOM = Days on Market.

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FINANCIAL BUZZ ARTICLE ELIZABETH A. LOWRY

Financial Favor

WOLTERMAN LAW OFFICE EXPLAINS HOW TO GIFT MONEY IN 2020

THERE’S NO DOUBT ABOUT IT—THE CORONAVIRUS AND

WoltermanLaw.com

SUBSEQUENT QUARANTINE HAVE ALTERED ANY AND ALL

434 W. Loveland Ave.

PLANS WE HAD FOR 2020. From lost jobs to lost social lives, these

513.488.1135

past few months have been difficult, to say the least. One area in which we have been hit hardest is monetarily—as of June, Ohio’s unemployment rate was 16.8 percent, two points higher than the national average. Although the outlook is bleak, there are many ways to offer assistance. “As the law stands now, you can donate up to $15K per individual, per year,” Steve Wolterman explains. “In addition, the money you give (and receive) doesn’t have to be paid back, nor does it need to be reported on your taxes.” For those who may be in a position to help family and friends with lost wages, jobs or entire businesses, Steve offers three tips on the ins and outs of gifting money:

1. 2.

LEARN THE GIFT RULE. The annual gift exclusion was raised to $15K in 2018. “I think many people [who] go on managing their own affairs without advice from CPAs and attorneys are simply unaware of beneficial tax laws.” KNOW THE LIMITS. Although you can write a check tomorrow, you can only give up to $15K per individual. For example, “If you have 10 children, you can gift each of them $15K this year,” Steve explains. “If all 10 are married, you could gift each child and spouse $15K each, or $30K per couple. You just can’t give more than $15K to a single

3. 34

person without triggering gift tax reporting.” ASK A CERTIFIED PROFESSIONAL. If you want to financially help someone struggling to pay bills, you can give him or her up to $15K without any concern for tax consequences. If you have questions, you should call an estate planning attorney or your CPA.

Loveland Lifestyle | July 2020

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