$410,000
SOLD FEB 19, 2025

Newcastle Manor 5349 Newcastle Ave Unit 62 Encino, CA 91316

2 Beds
2 Baths
927 Sq Ft
$673/mo HOA Fee

Recently Sold

$442 Per Sq Ft

6% Below List Price

64 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Gaspar De Portola Middle School Rated A-
  • 1.4 Acre Lot
  • Traditional Architecture

About This Home

As of February 2025

Appealing, top floor, 2 bed, 2 bath, 927 sq ft condo in well-maintained Newcastle Manor community in the heart of Encino! Bright and open with abundant natural light, the one level condo offers open floorplan living area, including spacious living area and dining area, with tile floors and sliding glass door access out to a wide private balcony. Updated kitchen features granite countertops, crisp white cabinets for storage, stainless steel appliances, and a convenient breakfast bar area. Down the hall are two good-sized bedrooms, both with wood flooring. The spacious, primary bedroom includes a walk-in closet and en-suite ¾ bath. The secondary bedroom has a double, mirrored closet and access to a full hall bath. The community offers park-like common grounds, a community pool and spa, gym facilities, community laundry area, and outdoor picnic/BBQ area, as well as water, trash, and sewer utilities. The community is wonderfully situated close to the shopping, dining, and entertainment of Ventura Boulevard. The property is also within easy distance of Balboa Park for recreation and the major transportation arteries of the 405 and 101 freeways. Don’t miss this chance to make this house your new home!

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 11/20/2024

Equity Union

Last Buyer's Agent

Sam Modir

United Plus Realty License #00966530

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1967

Lot Details

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

HOA Fees

  • $673 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Shake Siding
  • Stucco

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Patio
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Nestle Elementary School
  • Portola Middle School
  • Reseda High School

Utilities

  • Central Air
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162019168
  • Seller Considering Concessions

Community Details

Overview

  • 280 Units
  • Newcastle Manor HOA, Phone Number (818) 739-1105
  • King George Property Management HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,532

Year Built

Built in 1967

Lot Details

0

HOA Fees

$673 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162019168
  • Year Built: 1967
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 927.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 442.29
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: No
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Shake Siding, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Freezer, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Controlled Access
  • Association Fee: 672.64
  • Association Fee Frequency: Monthly
  • Association Name: Newcastle Manor HOA
  • Phone: 8187391105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Suburban
  • Association Management: King George Property Management

Schools

  • School District: Los Angeles Unified
  • Elementary School: Nestle
  • Middle School: Portola
  • High School: Reseda
  • Elementary School: Nestle
  • High School: Reseda
  • Middle Or Junior School: Portola
  • Elementary School #2: NESTLE
  • High School2: RESEDA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 60939.00
  • Lot Size Acres: 1.3990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60939.0000 Square Feet
  • Number Of Units In Community: 280
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 2
  • Tax Tract Number: 33625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 27, 2025
Sold by
Jimenez Mary Laura and Taimourzadeh Mary Loren
Bought by
Kourosh Vosoghi Trust and Vosoghi
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Sam Modir
United Plus Realty
List Price
$438,500
Sold Price
$410,000
Premium/Discount to List
-$28,500
-6.5%
Total Days on Market
64
Views
89
Current Estimated Value
$421,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,892
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Feb 6, 2006
Sold by
Duvall Donald
Bought by
Jimenez Mary Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 2002
Sold by
Abramomitz Investment Co
Bought by
Duvall Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.28%
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 $410,000 Lawyers Title
Quit Claim Deed -- Lawyers Title
Grant Deed $336,000 Fidelity Van Nuys
Grant Deed $168,000 Provident
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $319,200 Fannie Mae Freddie Mac
Previous Owner $117,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $410,000 -2.1% $442 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $419,000 -4.4% $452 / Sq Ft
11/20/2024 11/20/24 For Sale $438,500 0.0% $473 / Sq Ft
05/27/2021 05/27/21 Rented $2,000 0.0% --
05/22/2021 05/22/21 Price Changed $2,000 -7.0% $2 / Sq Ft
05/14/2021 05/14/21 Price Changed $2,150 -6.5% $2 / Sq Ft
05/07/2021 05/07/21 For Rent $2,300 -- --
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 $5,532 $459,151 $361,317 $97,834
2024 $5,532 $450,149 $354,233 $95,916
2023 $5,425 $441,324 $347,288 $94,036
2022 $4,847 $405,000 $318,000 $87,000
2021 $4,280 $354,000 $278,000 $76,000
2019 $4,168 $345,000 $271,000 $74,000
2018 $3,940 $321,000 $252,000 $69,000
2016 $3,254 $266,000 $209,000 $57,000
2015 $3,254 $266,000 $209,000 $57,000
2014 $2,883 $229,000 $180,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24234864

California Regional Multiple Listing Service (CRMLS)

APN: 2162-019-168