NOT LISTED FOR SALE

The Park Encino Condo 5325 Newcastle Ave Unit 316 Encino, CA 91316

Estimated Value: $489,376 - $531,000

2 Beds
2 Baths
1,137 Sq Ft
2.37 Acres

Last Sold June 26, 2015

Last sale price $340,000 $299 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,179/month

45 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • All Bedrooms Downstairs
  • Gaspar De Portola Middle School Rated A-
  • Rooftop Deck
  • City Lights View

About This Home

As of June 2015

Spectacular newer Penthouse(top floor) The most luxurious complex in the heart of Encino. The complex was redone in 2005. This amazing & one of a kind feels like an end unit with soaring ceilings, lots of natural light & view of the city lights from the top deck. 2 bedroom, 2 bath plus enclosed loft could be 3rd bedroom or office. Exquisite living room fireplace, very open floor plan. Laminated floors, newer paint, very light and bright. Only one wall shared. Refrigerator, stove and dishwasher all stay. Updated kitchen and baths! Very rare in this building with Washer/Dryer in the unit. Resort style pool, gym & BBQ area, club house and gym. 2 dedicated NOT tandem, parking spots in this security building. Walking distance to Ventura Blvd, shops, buses and restaurants.

Last Agent to Sell the Property

Chris Williams

RE/MAX One License #00688014 Listed on: 04/04/2015

RE/MAX One

Last Buyer's Agent

Nicole Costas

No Firm Affiliation License #01049913

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Front Yard Sprinklers

Home Design

  • Modern Architecture

Interior Spaces

  • 1,137 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Loft
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004193

Community Details

Overview

  • No Home Owners Association
  • 130 Units

Recreation

  • Community Spa

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,862

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Resident Manager
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162004193
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1137.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 299.03
  • Room Type: All Bedrooms Down, Loft
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Roof Top
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 390.00
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 103146.00
  • Lot Size Acres: 2.3680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 103146.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 130

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 36582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2015
Closed on
Jun 8, 2015
Sold by
Wood Jered Byron
Bought by
Schaefer Ronald and Mak Oi Ling Irene
Seller's Agent
Chris Williams
RE/MAX One
Buyer's Agent
Nicole Costas
No Firm Affiliation
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$510,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,094
Avg. Annual Appreciation
4.07%
Original Mortgage
$329,800
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Encino Condo Corp Inc
Bought by
Wood Jered Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Schaefer Ronald $340,000 Fidelity National Title Co
Wood Jered Byron $399,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Ronald $298,000
Closed Schaefer Ronald $329,800
Previous Owner Wood Jered Byron $239,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $340,000 0.0% $299 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $340,000 0.0% $299 / Sq Ft
05/01/2013 05/01/13 Rented $1,850 -5.1% --
04/25/2013 04/25/13 Under Contract -- -- --
03/15/2013 03/15/13 For Rent $1,950 -- --
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 $4,862 $408,619 $253,706 $154,913
2024 $4,862 $400,608 $248,732 $151,876
2023 $4,767 $392,754 $243,855 $148,899
2022 $4,541 $385,054 $239,074 $145,980
2021 $4,480 $377,505 $234,387 $143,118
2019 $4,343 $366,310 $227,436 $138,874
2018 $4,323 $359,128 $222,977 $136,151
2016 $4,122 $345,184 $214,319 $130,865
2015 $3,774 $316,000 $79,100 $236,900
2014 $3,378 $276,000 $69,100 $206,900
Source: Public Records

Agents Affiliated with this Home

  • Chris Williams

    Seller's Agent in 2015

    Chris Williams

    RE/MAX

    (818) 694-9000

    1 in this area

    178 Total Sales

    Chris Williams
    Section Image

  • N

    Buyer's Agent in 2015

    Nicole Costas

    No Firm Affiliation

    Section Image
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About The Park Encino Condo

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15070674

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-193

California Los Angeles County Encino 91316

5325 Newcastle Ave Unit 316, Encino, CA

This home is located at 5325 Newcastle Ave Unit 316, Encino, CA 91316 since 04 April 2015 and is currently estimated at $510,094, approximately $448 per square foot. This property was built in 1971. 5325 Newcastle Ave Unit 316 is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Nestle Avenue Charter, and Emelita Street Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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