$475,000
SOLD AUG 20, 2024

The Park Encino Condo 5325 Newcastle Ave Unit 315 Encino, CA 91316

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

Recently Sold

$580 Per Sq Ft

3% Above List Price

14 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • View of Trees or Woods
  • Gaspar De Portola Middle School Rated A-
  • Gated Community
  • 2.37 Acre Lot

About This Home

As of August 2024

Nestled in the heart of Encino, this REMODELED Top-Floor home is a rare opportunity you don't want to miss. Upon entry, you're greeted by the open dining and living area, where soaring vaulted High Ceilings create an airy and expansive ambiance. This naturally bright and airy condo offers a seamless flow between living spaces, perfect for both comfort and entertainment. Retreat to the expansive living room, where opulent windows beam soft California sunlight through frosted glass. Unwind and relax in the two Spacious Bedrooms, which provide ample space and natural light, complemented by a newly Remodeled Bathroom. The exquisite custom gourmet Kitchen is furnished with white cabinets, a Quartz countertop, and Stainless Steel LG appliances, ideal for the avid home chef. Gorgeous new flooring and pristine new paint are found throughout. Equipped with central AC and heating to ensure your comfort all year round. Abundant storage space throughout for your belongings, from spacious closets and built-in cabinets and an additional storage room on the private balcony. The north-facing terrace overlooks the community courtyard and pool, offering both openness and privacy. This peaceful home, surrounded by respectful neighbors, is part of a well-maintained community that features a new wrought iron pool fence, a sizable Gym, a common room, a grill area for entertaining, ten washers and dryers on the ground level, and two car parking spaces. Additional building-secured storage is available for a reasonable monthly fee. The neighborhood is conveniently close to multiple grocery stores (Trader Joe's, Vons, Amazon Fresh), great restaurants (Corral Tree, Vino, Davenports), excellent hiking trails, and Lake Balboa Park. This won't last long, schedule your showings today!

Last Agent to Sell the Property

Edward Kosasih

PARTNER Real Estate Brokerage Phone: 626-789-0159 License #02011761 Listed on: 06/26/2024

PARTNER Real Estate

Co-Listed By

Rudy Kusuma

PARTNER Real Estate Brokerage Phone: 626-789-0159 License #01820322

Last Buyer's Agent

Adam Wilson

Edge License #01947622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1971

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall
  • Garden

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Assigned Parking

Property Views

  • Woods

Interior Spaces

  • 819 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Home Security System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004192
  • $119 per year additional tax assessments

Community Details

Overview

  • 130 Units
  • Park Encino Association, Phone Number (805) 642-2400
  • Pmp Management HOA

Amenities

  • Laundry Facilities

Recreation

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 1971

Lot Details

0

HOA Fees

$495 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community, Resident Manager, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162004192
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 819.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: Top level
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 579.98
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Pool, Trees/Woods
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Tandem Covered, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Gym/Ex Room, Trash, Water, Security
  • Association Fee: 495.32
  • Association Fee Frequency: Monthly
  • Association Name: Park Encino
  • Phone: 805-642-2400
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: PMP Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 103178.00
  • Lot Size Acres: 2.3686

Multi Family

  • Lease Considered: No
  • Lot Size Area: 103178.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 1
  • Tax Tract Number: 36582
  • TaxOtherAnnualAssessmentAmount: 119.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 13, 2024
Sold by
Walker Hilary
Bought by
Gomez Mileva Morales
Seller's Agent
Edward Kosasih
PARTNER Real Estate
Buyer's Agent
Adam Wilson
Edge
List Price
$459,000
Sold Price
$475,000
Premium/Discount to List
$16,000
3.49%
Total Days on Market
14
Views
60
Current Estimated Value
$476,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,513
Avg. Annual Appreciation
0.41%
Original Mortgage
$95,000
Outstanding Balance
$74,282
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$402,231

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 12, 2024
Sold by
Walker Hilary
Bought by
Gomez Mileva Morales
Seller's Agent
Edward Kosasih
PARTNER Real Estate
Buyer's Agent
Adam Wilson
Edge
List Price
$459,000
Sold Price
$475,000
Premium/Discount to List
$16,000
3.49%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$74,282
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$402,231

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 17, 2014
Sold by
Bokor Briggita
Bought by
Walker Hilary
Seller's Agent
Andrea Volore
Berkshire Hathaway HomeServices California Properties
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$204,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Bokor Erna Balazsne
Bought by
Bokor Brigitta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Bokor Erna and Bokor Brigitta
Seller's Agent
Rhonda Knight
Equity Union
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Deleon Stel Dalupan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 3, 2007
Sold by
Guerrieo Melissa and Piombetti Melissa
Bought by
Deleon Stel Dalupan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Guerrieo Michael
Bought by
Guerrieo Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2005
Sold by
Encino Condo Corp Inc
Bought by
Piombetti Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,200
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 $475,000 All California Title
Grant Deed $475,000 All California Title
Grant Deed $295,000 California Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $170,000 First American Title Ins Co
Trustee Deed $312,080 Landsafe Title
Grant Deed $330,000 Fatcola
Interfamily Deed Transfer -- First American Title Company
Grant Deed $316,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 FHA
Closed $95,000 FHA
Open $380,000 New Conventional
Closed $380,000 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $313,500 Purchase Money Mortgage
Previous Owner $253,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $475,000 +3.5% $580 / Sq Ft
07/19/2024 07/19/24 For Sale $459,000 -3.4% $560 / Sq Ft
07/18/2024 07/18/24 Off Market $475,000 -- --
06/26/2024 06/26/24 For Sale $459,000 +55.6% $560 / Sq Ft
04/17/2014 04/17/14 Sold $295,000 +2.1% $360 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $289,000 +70.0% $353 / Sq Ft
02/22/2012 02/22/12 Sold $170,000 -- $208 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
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 $4,372 $354,528 $236,274 $118,254
2023 $4,287 $347,578 $231,642 $115,936
2022 $4,085 $340,763 $227,100 $113,663
2021 $4,033 $334,083 $222,648 $111,435
2019 $3,911 $324,177 $216,046 $108,131
2018 $3,895 $317,821 $211,810 $106,011
2016 $3,718 $305,482 $203,586 $101,896
2015 $3,664 $300,894 $200,528 $100,366
2014 $2,209 $174,186 $78,076 $96,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24130871

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-192