$270,000
SOLD DEC 13, 2021

The Park Encino Condo 5325 Newcastle Ave Unit 228 Encino, CA 91316

-- Bed
1 Bath
475 Sq Ft
$314/mo HOA Fee

Recently Sold

$568 Per Sq Ft

3% Below List Price

37 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Gated Parking
  • 2.37 Acre Lot

About This Home

As of December 2021

A rare opportunity to own your own unit in Los Angeles in the $200,000's! Come and enjoy resort style living at The Park Encino. Located just off of Ventura Blvd, the location allows you to take advantage of all that the area has to offer. Plenty of shops, restaurants and a grocery within a very close proximity. The building boasts many amenities including a wonderful pool, recreation room, BBQ area, full fitness center, pool table and foosball as well as a full time manager on site. HOA includes your water, trash, and gas. With a very attractive price, low HOA dues, and an amazing location, this one certainly will not last.

Last Agent to Sell the Property

John Christopher

Compass License #01416388 Listed on: 10/12/2021

Compass

Last Buyer's Agent

Brad Holtzman

JWJ Realty License #01992705

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1971

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 475 Sq Ft Home
  • Family Room with Fireplace
  • Dining Area
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 2162-004-160

Community Details

Overview

  • Association fees include gas, trash, water
  • 130 Units

Amenities

  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,465

Year Built

Built in 1971

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Park Encino
  • Entry Floor: 2
  • Living Area: 475
  • Lot Acreage: 2.3679
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Laminate, Tile
  • Appliances: Free Standing Gas
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Microwave, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 578.95

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Banquet, Clubhouse, Pool, Billiard Room, Elevator, Fitness Center, Gated Parking, Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Trash, Water
  • HOA Fees: 314.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2162-004-160
  • Lot Size Area: 103146

Multi Family

  • Number Of Units: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 7, 2021
Sold by
Hohertz Brian C
Bought by
Madrigal Fernando
Seller's Agent
John Christopher
Compass
Buyer's Agent
Brad Holtzman
JWJ Realty
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 4, 2014
Sold by
Landa Martin
Bought by
Hohertz Brian C
Seller's Agent
Peter La Monica
No Firm Affiliation
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$175,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Vazquez Victoria and Landa Martin
Bought by
Landa Martin

Purchase Details

Closed on
May 9, 2006
Sold by
Vazquez Victorina A
Bought by
Vazquez Victorina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Encino Condo Corp Inc
Bought by
Vazquez Victorina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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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 $270,000 Equity Title
Grant Deed $185,000 Priority Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Grant Deed $179,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,750 New Conventional
Previous Owner $161,200 New Conventional
Previous Owner $35,100 Credit Line Revolving
Previous Owner $174,000 Fannie Mae Freddie Mac
Previous Owner $142,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $299,500 +10.9% $631 / Sq Ft
12/13/2021 12/13/21 Sold $270,000 -1.8% $568 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $275,000 -1.4% $579 / Sq Ft
10/12/2021 10/12/21 For Sale $279,000 +50.8% $587 / Sq Ft
10/03/2014 10/03/14 Sold $185,000 0.0% $389 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $185,000 -- $389 / 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 $3,465 $286,524 $215,849 $70,675
2024 $3,465 $280,907 $211,617 $69,290
2023 $3,398 $275,400 $207,468 $67,932
2022 $3,237 $270,000 $203,400 $66,600
2021 $2,501 $205,404 $141,342 $64,062
2019 $2,425 $199,313 $137,150 $62,163
2018 $2,411 $195,406 $134,461 $60,945
2016 $2,301 $187,820 $129,241 $58,579
2015 $2,268 $185,000 $127,300 $57,700
2014 $1,814 $150,000 $80,800 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-794616

The MLS

APN: 2162-004-160