$240,000
SOLD OCT 27, 2017

The Park Encino Condo 5325 Newcastle Ave Unit 327 Encino, CA 91316

-- Bed
1 Bath
475 Sq Ft
$238/mo HOA Fee

Recently Sold

$505 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Breakfast Bar
  • Gaspar De Portola Middle School Rated A-
  • 103,146 Sq Ft lot
  • Laundry Room

About This Home

As of October 2017

Newly renovated top level studio tranquil located at desirable Park Encino complex. This beautiful and bright unit features new laminated floors, vaulted ceiling, handsome fireplace, and sliding doors lead to large balcony with sunset view. Open kitchen highlights granite counter tops, newer backsplash, refinished cabinets and breakfast bar opens to living area. New remodeled bathroom offers new shower and new fixture. Abundant windows bring nature lights in. Central air and heater. One assigned parking space. Resort style complex provides spacious clubhouse with pool table, gym room, BBQ area, pool and gated parking. Minutes to Ventura Boulevard with easy access to restaurant, shopping, and freeway.

Last Agent to Sell the Property

Julia Zhao

Re/Max Elite Realty License #01411270 Listed on: 08/09/2017

Re/Max Elite Realty

Last Buyer's Agent

Stephanie Alvarez

Keller Williams Pacific Estate License #01959838

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $238 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 475 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views
  • Breakfast Bar
  • Laundry Room

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004204

Community Details

Overview

  • Park Encino Association, Phone Number (818) 907-6622

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,307

Year Built

Built in 1971

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162004204
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 475.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 505.26
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue
  • Association Fee: 238.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Encino
  • Phone: 8189076622
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 103146.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.03
  • Tax Lot: 1
  • Tax Tract Number: 36582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2017
Sold by
Lan Michael Hongjle
Bought by
Carrion Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 21, 2017
Sold by
Holmes Latonya D
Bought by
Reichman Aaron Charles
Seller's Agent
Brian Tiongson Reyes
Pinnacle Estate Properties, Inc.
Buyer's Agent
Julia Zhao
Re/Max Elite Realty
List Price
$214,900
Sold Price
$225,000
Premium/Discount to List
$10,100
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$216,125
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jan 25, 2017
Sold by
Ayunan Anne Marie Lim
Bought by
Lan Michael Hongjie and Li Xiaofei
Seller's Agent
Brian Tiongson Reyes
Pinnacle Estate Properties, Inc.
Buyer's Agent
Julia Zhao
Re/Max Elite Realty
List Price
$214,900
Sold Price
$225,000
Premium/Discount to List
$10,100
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,125
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Encino Condo Corp Inc
Bought by
Ayunan Anne Marie Lim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 $240,000 Wfg National Title Company
Grant Deed $227,500 First American Title Company
Grant Deed $225,000 Priority Title
Grant Deed $184,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,000 New Conventional
Previous Owner $216,125 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $195,000 Unknown
Previous Owner $147,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $315,000 0.0% $663 / Sq Ft
03/01/2024 03/01/24 Rented $1,700 0.0% --
02/29/2024 02/29/24 Price Changed $1,700 -5.6% $4 / Sq Ft
02/20/2024 02/20/24 Under Contract -- -- --
01/01/2024 01/01/24 For Rent $1,800 0.0% --
12/15/2022 12/15/22 Rented $1,800 0.0% --
12/06/2022 12/06/22 Price Changed $1,800 -5.3% $4 / Sq Ft
11/01/2022 11/01/22 For Rent $1,900 +18.8% --
05/09/2019 05/09/19 Rented $1,600 0.0% --
03/28/2019 03/28/19 Under Contract -- -- --
01/16/2019 01/16/19 Price Changed $1,600 -5.9% $3 / Sq Ft
01/05/2019 01/05/19 Price Changed $1,700 -2.9% $4 / Sq Ft
12/29/2018 12/29/18 Price Changed $1,750 -2.8% $4 / Sq Ft
12/20/2018 12/20/18 Price Changed $1,800 -9.8% $4 / Sq Ft
12/13/2018 12/13/18 For Rent $1,995 0.0% --
10/27/2017 10/27/17 Sold $240,000 -3.6% $505 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $249,000 +10.7% $524 / Sq Ft
02/17/2017 02/17/17 Sold $225,000 +4.7% $474 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $214,900 -- $452 / 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 $3,307 $267,718 $198,336 $69,382
2023 $3,243 $262,470 $194,448 $68,022
2022 $3,090 $257,325 $190,636 $66,689
2021 $3,052 $252,281 $186,899 $65,382
2019 $2,959 $244,800 $181,356 $63,444
2018 $2,944 $240,000 $177,800 $62,200
2016 $2,339 $191,000 $44,900 $146,100
2015 $2,340 $191,000 $44,900 $146,100
2014 $1,899 $150,000 $35,300 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17183940

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-204