$425,000
SOLD JUN 18, 2024

The Park Encino Condo 5325 Newcastle Ave Unit 245 Encino, CA 91316

2 Beds
1 Bath
809 Sq Ft
$495/mo HOA Fee

Recently Sold

$525 Per Sq Ft

6% Below List Price

Highlights

  • Fitness Center
  • 2.37 Acre Lot
  • Pool View
  • Gaspar De Portola Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of June 2024

Welcome to the Park Encino Condominium Community!! This unit features 2 bedrooms and 1 bathroom, freshly painted, wood flooring throughout, plenty of storage space, and an oversized balcony off the living room. AC unit is less than 1 year old. Walking distance to Ventura Blvd the secure Park Encino complex is maintained with pride by the HOA and amenities include lushly landscaped grounds, a large common BBQ deck overlooking the gorgeous, heated pool area, game room, pool table, snack machines, large convenient laundry facility, recreation room with full kitchen (reserved by residents), gym with a variety of new equipment. HOA dues include water, gas, and trash. Prime Encino location convenient to shopping, restaurants, freeways, schools, and parks. There are 2 tandem parking spots in the gated community garage, and guest parking in front with permits. Don't Miss.

Last Agent to Sell the Property

Katie Oganesova

Fair Realty Brokerage Phone: 310-801-9122 License #01804999 Listed on: 05/23/2024

Last Buyer's Agent

Katie Oganesova

Fair Realty Brokerage Phone: 310-801-9122 License #01804999 Listed on: 05/23/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1971

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Courtyard

Interior Spaces

  • 809 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Intercom
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004177
  • $118 per year additional tax assessments

Community Details

Overview

  • 309 Units
  • Park Encino Association, Phone Number (888) 882-0588
  • Pmp HOA
  • Valley

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,453

Year Built

Built in 1971

Lot Details

0

HOA Fees

$495 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162004177
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 809.00 Square Feet
  • Interior Amenities: Elevator, Intercom
  • Stories: 3
  • Entry Location: second floor
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 525.34
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Courtyard, Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse
  • Association Fee: 495.32
  • Association Fee Frequency: Monthly
  • Association Name: Park Encino
  • Phone: 888.882.0588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Valley
  • Association Management: PMP

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 103178.00
  • Lot Size Acres: 2.3686
  • Latitude Manual: 34.16747300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 103178.0000 Square Feet
  • Number Of Units In Community: 309
  • Number Of Units Total: 130

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 1
  • Tax Tract Number: 36582
  • TaxOtherAnnualAssessmentAmount: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 11, 2024
Sold by
Ok Llc
Bought by
Mishael Gidon
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Katie Oganesova
Fair Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Total Days on Market
0
Views
16
Current Estimated Value
$422,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,329
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Feb 6, 2014
Sold by
Khersonsky Oleg
Bought by
Ok Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2011
Sold by
Khersonsky Oleg
Bought by
Ok Llc

Purchase Details

Closed on
Jan 26, 2011
Sold by
Ballard Timothy C
Bought by
Khersonsky Oleg

Purchase Details

Closed on
Oct 17, 2005
Sold by
Encino Condo Corp Inc
Bought by
Ballard Timothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
5.5%
Mortgage Type
New Conventional
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 $425,000 Chicago Title Company
Grant Deed -- None Available
Quit Claim Deed -- Accommodation
Grant Deed $155,000 Fidelity Title Company
Grant Deed $328,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $310,000 Unknown
Previous Owner $310,000 Negative Amortization
Previous Owner $262,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $425,000 -5.6% $525 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $450,000 -- $556 / 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
2024 $2,453 $194,674 $82,641 $112,033
2023 $2,407 $190,858 $81,021 $109,837
2022 $2,294 $187,117 $79,433 $107,684
2021 $2,263 $183,449 $77,876 $105,573
2019 $2,194 $178,010 $75,567 $102,443
2018 $2,180 $174,521 $74,086 $100,435
2016 $2,076 $167,746 $71,210 $96,536
2015 $2,047 $165,227 $70,141 $95,086
2014 $2,060 $161,992 $68,768 $93,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24097313

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-177