NOT LISTED FOR SALE

4903 Newcastle Ave Encino, CA 91316

Estimated Value: $2,061,281 - $2,402,000

4 Beds
3 Baths
2,924 Sq Ft
$753/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $1,783,000 $610 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,497/month

7 Days on Market

Highlights

  • RV Gated
  • Primary Bedroom Suite
  • Open Floorplan
  • Gaspar De Portola Middle School Rated A-
  • Views of Trees
  • Contemporary Architecture

About This Home

As of October 2021

This absolutely stunning and completely remodeled residence is highlighted with gleaming wood, open living spaces, loads of natural light and designer touches throughout! Nearly every surface has been recently updated to include all new baths and gorgeous chef's kitchen encompassing stainless Viking appliances, grand breakfast bar with drop lighting, custom cabinetry and quartz counters. Opening from the kitchen is the expansive family room with romantic central fireplace along with adjacent formal dining and over sized living room, all highlighted with recessed LED lighting and beautiful picture windows. Encompassing separate office with library and four bedrooms that include ultra-private master suite with sitting area, customized walk-in and wardrobe closets as well as luxurious spa styled bath highlighted by its dual sink vanity, free standing soaking tub, seamless glass shower and separate commode. Step out into the peaceful rear yard adorned with entertainers patio retreat, manicured lawn and wonderfully updated landscape. Garage has been converted into a 400 sq.ft permitted ADU with kitchenet and full bathroom. A truly sensational home, located on a wonderful tree lined street within a short stroll to Blvd shops and restaurants. A rare opportunity to own this beautiful property south of the Blvd.

Last Agent to Sell the Property

Michael Tsypin

New Vision R.E. & Investments License #01784577 Listed on: 09/20/2021

Last Buyer's Agent

Carol Wolfe

License #00477745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,016

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,749 Sq Ft Lot
  • Lot Dimensions are 50x135
  • East Facing Home
  • Fenced Yard
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,924 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • RV Gated

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2181-026-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,016

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2924
  • Lot Acreage: 0.1549
  • Lot Dimensions: 50x135
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Appliances: Oven, Gas, Microwave
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Family Kitchen, Family Room, In Kitchen, Breakfast Counter / Bar
  • Kitchen Features: Remodeled, Counter Top, Open to Family Room
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Garbage Disposal, Ceiling Fan, Central Vacuum, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 581.05

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: Accessory Dwelling Unit
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, On street, RV Gated
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2181-026-022
  • Lot Description: Fenced, Fenced Yard, Front Yard
  • Lot Size Area: 6749

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 25, 2019
Sold by
Mogilevski Arthur J
Bought by
Mogilevski Arthur J and Mogilevski Anna
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$2,201,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,320
Avg. Annual Appreciation
9.10%
Original Mortgage
$1,000,000
Outstanding Balance
$875,570
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,325,750

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 24, 2019
Sold by
Mogilevski Anna
Bought by
Mogilevski Arthur J
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$875,570
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,325,750

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 5, 2019
Sold by
Rei Services Inc
Bought by
Mogilevski Arthur J
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$875,570
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,325,750

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 22, 2018
Sold by
Bernard Jessica
Bought by
Rei Services Inc
Seller's Agent
Claire Bertanyi
Engel & Voelkers, Westlake Village
Buyer's Agent
Claire Bertanyi
Engel & Voelkers, Westlake Village
List Price
$855,000
Sold Price
$855,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.73%

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bernard Guy and Bernard Jessica
Bought by
Bernard Guy R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mogilevski Arthur J -- Priority Title
Mogilevski Arthur J -- Priority Title
Mogilevski Arthur J $1,250,000 Priority Title
Rei Services Inc $855,000 Fidelity National Title Com
Bernard Guy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogilevski Arthur J $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $1,783,000 +4.9% $610 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,699,000 +35.9% $581 / Sq Ft
05/02/2019 05/02/19 Sold $1,250,000 -3.8% $495 / Sq Ft View Prior Sale
04/01/2019 04/01/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $1,299,000 +51.9% $515 / Sq Ft
07/19/2018 07/19/18 Sold $855,000 0.0% $339 / Sq Ft View Prior Sale
06/19/2018 06/19/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $855,000 -- $339 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $23,016 $1,892,132 $946,066 $946,066
2024 $22,692 $1,855,032 $927,516 $927,516
2023 $22,250 $1,818,660 $909,330 $909,330
2022 $21,230 $1,783,000 $891,500 $891,500
2021 $15,529 $1,288,208 $777,459 $510,749
2019 $4,724 $855,000 $684,000 $171,000
2018 $3,090 $239,487 $37,894 $201,593
2016 $2,913 $230,189 $36,423 $193,766
2015 $2,872 $226,732 $35,876 $190,856
2014 $2,888 $222,292 $35,174 $187,118
Source: Public Records

Agents Affiliated with this Home

  • Michael Tsypin

    Seller's Agent in 2021

    Michael Tsypin

    New Vision R.E. & Investments

    (323) 599-0101

    2 in this area

    45 Total Sales

    Michael Tsypin
    Section Image

  • C

    Buyer's Agent in 2021

    Carol Wolfe

  • Oren Mordkowitz

    Seller's Agent in 2019

    Oren Mordkowitz

    Pinnacle Estate Properties, Inc.

    (818) 933-5866

    36 in this area

    88 Total Sales

    Oren Mordkowitz
    Section Image

  • C

    Seller's Agent in 2018

    Claire Bertanyi

    Engel & Voelkers, Westlake Village

See All Agents

Map

Source: The MLS

MLS Number: 21-785534

The MLS

APN: 2181-026-022

California Los Angeles County Encino 91316

4903 Newcastle Ave, Encino, CA

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