NOT LISTED FOR SALE

5038 Newcastle Ave Encino, CA 91316

Estimated Value: $1,134,827 - $1,622,000

3 Beds
2 Baths
1,352 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $610,000 $451 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $8,253/month

13 Days on Market

Highlights

  • Cathedral Ceiling
  • Bonus Room
  • Lawn
  • Gaspar De Portola Middle School Rated A-
  • Granite Countertops
  • No HOA

About This Home

As of August 2013

Located on a beautiful and serene tree-lined street, south of the Boulevard, this storybook home has been renovated with finishes normally reserved for million dollar custom residences. Dramatic features, too numerous to detail, include vaulted ceilings, hardwood floors, skylights, backyard oasis with two decks and tranquil fountains, recessed lighting, limestone manteled wood burning fireplace, and a family room with walls of glass framing the private and peaceful outdoor retreat. 6,029 sq ft. lot, 1,352 sq ft 3 bdrm, 1 3/4 bath single level home, plus a garage currently being used as a 200 sq ft air conditioned private bonus room, with included flat screen TV , audio system, and built-in cabinetry. Central A/C system. A no-expense spared skylit dream kitchen with stainless steel KitchenAid refrigerator and appliances, flat screen TV monitor, custom built poplar cabinetry, Walker Zanger granite countertops, built-in wine cooler and microwave oven, and Fisher & Paykel dual drawer dishwasher. The dramatic rear family room features vaulted ceilings, Pella windows, and $11K custom window treatments. Front loading Kenmore Elite washer and dryer. 2 Rubbermaid exterior storage units are also included. Landscaping beyond compare. You will be impressed.

Last Agent to Sell the Property

Corey Cohn

Home Team Realty License #01262839 Listed on: 07/15/2013

Home Team Realty

Last Buyer's Agent

Steven Kirshbaum

The Agency License #01381800

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,928

Year Built

  • Built in 1948

Lot Details

  • 6,029 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Parking Available
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 162
  • Tax Tract Number 10438
  • Assessor Parcel Number 2182011022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,928

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All appliances, refrigerator, front loading washer and dryer, 2 Rubbermaid exterior storage units, gas barbecue, 2 flat scrrens, 1 audio system
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2182011022
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1352.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 451.18
  • Room Type: All Bedrooms Down, Bonus Room, Living Room
  • Window Features: Custom Covering, Drapes

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Range Hood, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6029.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6029.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 162
  • Tax Tract Number: 10438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jul 30, 2013
Sold by
Brown Randal E
Bought by
Chang Wenling and Markiewicz Patricik
Seller's Agent
Corey Cohn
Home Team Realty
Buyer's Agent
Steven Kirshbaum
The Agency
List Price
$595,000
Sold Price
$610,000
Premium/Discount to List
$15,000
2.52%
Current Estimated Value
$1,371,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,457
Avg. Annual Appreciation
6.99%
Original Mortgage
$350,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2010
Sold by
Brown Randal E and Brown Laurie G
Bought by
Brown Randal E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2003
Sold by
Lusher Laurie
Bought by
Brown Randal E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 1999
Sold by
Laurie Lusher & Associates Inc
Bought by
Lusher Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.95%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Lusher Laurie
Bought by
Laurie Kusher & Associates Inc

Purchase Details

Closed on
Jul 31, 1996
Sold by
Kantor Barbara Carol
Bought by
Lusher Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
2.95%
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
Chang Wenling $610,000 Ticor Title Company
Brown Randal E -- Lsi
Brown Randal E -- Southland Title
Lusher Laurie -- American Coast Title
Laurie Kusher & Associates Inc -- --
Lusher Laurie $220,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markiewicz Patrick F $280,000
Closed Chang Wenling $350,000
Previous Owner Brown Randal E $356,000
Previous Owner Brown Randal E $312,000
Previous Owner Brown Randal E $100,000
Previous Owner Brown Randal E $19,443
Previous Owner Brown Randal E $30,000
Previous Owner Brown Randal E $260,000
Previous Owner Lusher Laurie $200,000
Previous Owner Lusher Laurie $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2013 08/12/13 Sold $610,000 +2.5% $451 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $595,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,928 $747,764 $598,215 $149,549
2024 $8,928 $733,103 $586,486 $146,617
2023 $8,753 $718,730 $574,987 $143,743
2022 $8,342 $704,638 $563,713 $140,925
2021 $8,237 $690,822 $552,660 $138,162
2019 $7,987 $670,334 $536,269 $134,065
2018 $7,939 $657,191 $525,754 $131,437
2016 $7,583 $631,674 $505,340 $126,334
2015 $7,471 $622,187 $497,750 $124,437
2014 $7,498 $610,000 $488,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13137933

California Regional Multiple Listing Service (CRMLS)

APN: 2182-011-022