$860,000
SOLD AUG 16, 2024

5237 Newcastle Ave Unit 301 Encino, CA 91316

2 Beds
3 Baths
1,923 Sq Ft
$475/mo HOA Fee

Recently Sold

$447 Per Sq Ft

1% Below List Price

30 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • All Bedrooms Downstairs
  • Gaspar De Portola Middle School Rated A-
  • Heated In Ground Pool
  • Two Primary Bedrooms

About This Home

As of August 2024

Luxurious Penthouse for Sale with Stunning Mountain Views. Property is 1,923 square feet of living space, fully remodeled with high-end finishes and appliances. The following features make this a unique place a perfect home: extra-large loft space that can serve as a third bedroom or versatile living area, impressive 20-foot ceiling in the living room, creating an airy and spacious environment, private balcony with panoramic views, spacious private rooftop deck, perfect for entertaining, extra large, secured storage room for all your belongings, spacious walk-in closet for ample storage, two side-by-side parking spaces for convenience. Building Amenities: recreational room is perfect for hosting gatherings or enjoying leisure activities, a table tennis setup for fun and exercise, billiards table for entertainment, relax and unwind in the building's sauna, large heated swimming pool and spa available year-round, fully-equipped gym for all your fitness needs. This penthouse offers a rare combination of luxury, comfort, and convenience, making it an ideal home for those seeking a high-end lifestyle. Don't miss the opportunity to own this exceptional property with its unique features and prime location. Contact us today to schedule a viewing and experience the elegance and sophistication of this remarkable penthouse.

Last Agent to Sell the Property

Konstantin Chernomorskiy

KC Lending, Inc. License #01907159 Listed on: 06/05/2024

Last Buyer's Agent

Catherine Berken

Douglas Elliman License #01937575

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1981

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Penthouse
  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 1,923 Sq Ft Home
  • Built-In Features
  • Double Door Entry
  • Living Room with Fireplace
  • Loft
  • Mountain Views
  • Security Lights

Kitchen

  • Oven or Range
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating
  • Tankless Water Heater

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 2162-005-108
  • $10,000 Seller Concession

Community Details

Overview

  • Association fees include earthquake insurance, water and sewer paid, trash
  • 20 Units
  • Association Phone (818) 406-4588

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,949

Year Built

Built in 1981

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Encino Horizons HOA
  • Entry Floor: 3
  • Living Area: 1923
  • Lot Acreage: 0.6270
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, 2 Master Bedrooms, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Stone Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Refrigerator, Washer, Water Line to Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 451.90

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Double Door Entry
  • Pool Description: Heated, Community
  • Pool: Yes
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Parking for Guests

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Smoke Detector, Exterior Security Lights, Fire and Smoke Detection System, Community

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Fitness Center, Controlled Access, Pool, Sauna, Rec Multipurpose Rm, Spa
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Water and Sewer Paid, Trash
  • HOA Fees: 475.00
  • Phone: 8184064588|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2162-005-108
  • Lot Size Area: 27314

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 8, 2024
Sold by
Aksert Family Trust and Aksert Leonid
Bought by
Nouri Kamelia
Seller's Agent
Konstantin Chernomorskiy
KC Lending, Inc.
Buyer's Agent
Catherine Berken
Douglas Elliman
List Price
$869,000
Sold Price
$860,000
Premium/Discount to List
-$9,000
-1.04%
Total Days on Market
30
Views
5
Current Estimated Value
$845,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,010
Avg. Annual Appreciation
-2.06%
Original Mortgage
$550,000
Outstanding Balance
$546,283
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$299,707

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 15, 2024
Sold by
Aksert Family Trust and Aksert Leonid
Bought by
Nouri Kamelia
Seller's Agent
Konstantin Chernomorskiy
KC Lending, Inc.
Buyer's Agent
Catherine Berken
Douglas Elliman
List Price
$869,000
Sold Price
$860,000
Premium/Discount to List
-$9,000
-1.04%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$546,283
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$299,707

Purchase Details

Closed on
Oct 24, 2013
Sold by
Aksert Leonid
Bought by
Aksert Leonid and Aksert Lyudmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Aksert Leonid
Bought by
Aksert Leonid and Aksert Lyudmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Aksert Lyudmila
Bought by
Aksert Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Orloff Rich and Orloff Benjamin
Bought by
Aksert Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Orloff Annette and Orloff Benjamin
Bought by
Orloff Annette and Benjamin & Annette Orloff Revocable Tr

Purchase Details

Closed on
Apr 10, 1996
Sold by
Orloff Benjamin
Bought by
Orloff Benjamin R and Orloff Annette
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $860,000 California Best Title
Grant Deed $860,000 California Best Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity Natl Title-Irvine
Interfamily Deed Transfer -- Fidelity Natl Title-Irvine
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Land America Lawyers Title
Grant Deed $467,000 Land America Lawyers Title
Gift Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Closed $550,000 New Conventional
Previous Owner $172,000 Credit Line Revolving
Previous Owner $300,000 New Conventional
Previous Owner $58,800 Credit Line Revolving
Previous Owner $390,000 Unknown
Previous Owner $158,000 Credit Line Revolving
Previous Owner $108,000 Credit Line Revolving
Previous Owner $380,000 New Conventional
Previous Owner $18,600 Credit Line Revolving
Previous Owner $76,400 Credit Line Revolving
Previous Owner $373,600 Purchase Money Mortgage
Closed $93,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $860,000 -1.0% $447 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $869,000 -- $452 / 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
2024 $7,949 $650,941 $372,724 $278,217
2023 $7,794 $638,178 $365,416 $272,762
2022 $7,428 $625,665 $358,251 $267,414
2021 $7,330 $613,398 $351,227 $262,171
2019 $7,107 $595,206 $340,810 $254,396
2018 $7,070 $583,536 $334,128 $249,408
2016 $6,137 $510,000 $291,000 $219,000
2015 $6,138 $510,000 $291,000 $219,000
2014 $6,281 $510,000 $291,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-400445

The MLS

APN: 2162-005-108