$349,000
SOLD NOV 7, 2024
1 Bed
1 Bath
648 Sq Ft
$499/mo HOA Fee

Recently Sold

$539 Per Sq Ft

9% Below List Price

6 Days on Market

Highlights

  • Spa
  • 1.4 Acre Lot
  • Living Room Balcony
  • Gaspar De Portola Middle School Rated A-
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of November 2024

Welcome to 5400 Newcastle Ave in the charming city of Encino. This 1 bedroom, 1 bathroom condo offers 648SqFt of living area to make your own! As you make your way inside, natural light floods in from the balcony, illuminating the space. The living room is versatile for customization and hosting guests. The kitchen features sleek black granite countertops and stainless-steel appliances. The bedroom is generously sized with double-pane windows that invite in a bright and airy atmosphere. The bathroom boasts a shower-in tub and granite countertops. Throughout, recessed lighting adds a modern touch. Community amenities include a pool and spa, communal laundry facilities, and serene green spaces for relaxation. Enjoy the convenience of being close to various dining options, grocery stores, and the Balboa Sports Center, offering ample outdoor recreation opportunities.

Last Agent to Sell the Property

Haik Bokhchalian

JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01325511 Listed on: 05/11/2024

JohnHart Real Estate

Last Buyer's Agent

Sixto Mejia

WGRES INC. License #01982902

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1967

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 648 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Living Room Balcony

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162009160
  • $113 per year additional tax assessments

Community Details

Overview

  • 280 Units
  • HOA Organizers Inc Association, Phone Number (818) 788-3331

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,268

Year Built

Built in 1967

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162009160
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 648.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Entry Location: through the front building entrance, 2nd floor
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 538.58
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Spa Features: Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered, On Site, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Free-Standing Range, Microwave
  • Heating Type: Central
  • 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
  • Association Fee: 499.25
  • Association Fee Frequency: Monthly
  • Association Name: HOA Organizers Inc
  • Phone: (818)788-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: HOA Organizers Inc

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 60966.00
  • Lot Size Acres: 1.3996

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60966.0000 Square Feet
  • Number Of Units In Community: 280
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.05
  • Tax Lot: 4
  • Tax Tract Number: 33625
  • TaxOtherAnnualAssessmentAmount: 113.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2024
Sold by
Parkway Investments Group Inc
Bought by
Ramos Johnny Jonathan
Total Days on Market
6
Current Estimated Value
$347,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,260
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2024
Sold by
Lapidus Alisa and Katzir Alisa Lapidus
Bought by
Parkway Investments Group Inc

Purchase Details

Closed on
Mar 6, 2007
Sold by
Kernes Igor
Bought by
Lapidus Alisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Kaner Glen Paul and Kaner Jacqueline
Bought by
Kernes Igor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.98%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Schreiber Trust Schreiber Ronald W Tr Ronald
Bought by
Kaner Glen Paul
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 Type Sale Price Title Company
Grant Deed $349,000 Pacific Coast Title Company
Grant Deed $200,000 Pacific Coast Title Company
Grant Deed -- Pacific Coast Title Company
Grant Deed -- Ticor Title Company Of Ca
Grant Deed $85,000 Provident Title
Grant Deed $56,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $258,260 New Conventional
Previous Owner $65,000 Purchase Money Mortgage
Previous Owner $68,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $349,000 0.0% $539 / Sq Ft
08/02/2024 08/02/24 Price Changed $349,000 -2.8% $539 / Sq Ft
07/18/2024 07/18/24 Price Changed $359,000 -4.3% $554 / Sq Ft
06/12/2024 06/12/24 Price Changed $375,000 -1.1% $579 / Sq Ft
06/04/2024 06/04/24 Price Changed $379,000 -1.6% $585 / Sq Ft
05/26/2024 05/26/24 For Sale $385,000 0.0% $594 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $385,000 -- $594 / 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 $4,268 $353,322 $158,927 $194,395
2023 $4,184 $346,395 $155,811 $190,584
2022 $3,985 $339,604 $152,756 $186,848
2021 $3,500 $296,000 $133,000 $163,000
2019 $3,189 $270,000 $121,000 $149,000
2018 $2,980 $249,000 $112,000 $137,000
2016 $2,658 $224,000 $101,000 $123,000
2015 $2,658 $224,000 $101,000 $123,000
2014 $2,432 $200,000 $89,900 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24095063

California Regional Multiple Listing Service (CRMLS)

APN: 2162-009-160