$225,000
SOLD FEB 17, 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

$474 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 103,146 Sq Ft lot
  • Gaspar De Portola Middle School Rated A-
  • City Lights View
  • Clubhouse

About This Home

As of October 2017

Beautiful Studio Condo in Encino adjacent to Ventura Boulevard. This freshly painted home has high ceilings, new laminate floors, new kitchen backsplash, plenty of closet space and an elegant fireplace for those cool winter nights. The living room receives an abundance of natural light, day and night. Enjoy sunsets from the spacious balcony which also has a large storage area. Minutes away from 101 and 405 freeway. Convenient access to Whole Foods, Trader Joes, Ralphs, Starbucks, and other shopping plazas. Immerse yourself in a diverse selection of restaurants and wine bars steps away from your front door. Access to plenty of nearby activities in Lake Balboa, Los Encino State Historic Park, Japanese Gardens, Santa Monica Mountains. This secured and well maintained Park Encino community is pet friendly and has resort like amenities with a state of the art gym facility, swimming pool, BBQ grills, game room and vending machines. Live L.A. to the fullest, and pick up The Key To Your New Home.

Last Agent to Sell the Property

Brian Tiongson Reyes

Pinnacle Estate Properties, Inc. License #01434873 Listed on: 01/12/2017

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Julia Zhao

Re/Max Elite Realty License #01411270

Re/Max Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Density is over 40 Units/Acre

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate

Home Design

  • Turnkey

Interior Spaces

  • 1 Full Bathroom
  • 475 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Living Room with Fireplace
  • Laminate Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Granite Countertops

Additional Features

  • Accessible Elevator Installed
  • 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
  • Greenbelt
  • Valley

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • 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

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate
  • View: Yes
  • Zoning: LAR3
  • Property Condition: Turnkey
  • 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
  • Interior Amenities: Built-in Features, Elevator, Granite Counters, High Ceilings, Trash Chute
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • 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: 473.68
  • Room Type: Kitchen, Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Gym/Ex Room, Clubhouse, Billiard Room
  • Association Fee: 238.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Encino
  • Phone: 818.907.6622
  • Senior Community: No
  • Community Features: Sidewalks, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Over 40 Units/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: SR17007109

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-204