$345,000
SOLD JUN 18, 2024

Newcastle Manor 5403 Newcastle Ave Unit 10 Encino, CA 91316

1 Bed
1 Bath
691 Sq Ft
$504/mo HOA Fee

Recently Sold

$499 Per Sq Ft

12 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 1.4 Acre Lot

About This Home

As of June 2024

Charming single level condo in the heart of Encino! This spacious 691 square-foot 1-bedroom, 1 bathroom unit showcases an open-concept design. As you enter through the front door, you will be greeted by a large open area with abundant natural light throughout. The living room flows into a balcony that embodies the indoor/outdoor living experience. Here, you are free to enjoy the California sunshine from the privacy of your own balcony. The adjacent and ample dining area creates a perfect segue to the all-electric kitchen with extensive counter space and cabinet storage. The oversized master suite boasts a large closet with a professionally designed organization system. The split bathroom has both a shower and soak-in tub. The amenities in this pet-friendly gated community include an in-ground swimming pool and spa, fitness center, recreation room, and BBQ area. The unit comes with one covered carport parking space with overhead storage cabinets. You cannot ask for a better location, as you will be just down the street from Trader Joe’s, Ralphs, coffee shops, restaurants, the U.S. Post Office, Balboa Park and Recreational Center, Providence Cedars-Sinai Medical Center and many houses of worship. Come feel at home.

Last Agent to Sell the Property

Aaron Shrier

Equity Union Brokerage Phone: 818-324-9717 License #01951460 Listed on: 05/23/2024

Equity Union

Co-Listed By

Yuliana George

Equity Union Brokerage Phone: 818-324-9717 License #02156706

Last Buyer's Agent

Randelle Green

Green Mile Properties Inc. License #01717315

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1967

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 691 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

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

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162019046
  • $116 per year additional tax assessments

Community Details

Overview

  • 70 Units
  • King George Property Management Association, Phone Number (818) 739-1105
  • Larry Cole HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,653

Year Built

Built in 1967

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162019046
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 691.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Entry Location: Street
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 499.28
  • Room Type: Living Room, Main Floor Primary Bedroom, Primary Suite
  • Spa Features: Community, Heated, In Ground
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • 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, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Recreation Room, Maintenance Grounds, Trash, Sewer, Pet Rules, Controlled Access
  • Association Fee: 504.00
  • Association Fee Frequency: Monthly
  • Association Name: King George Property Management
  • Phone: 8187391105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Larry Cole

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 60914.00
  • Lot Size Acres: 1.3984
  • Latitude Manual: 34.16866900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60914.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 280

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 1
  • Tax Tract Number: 33625
  • TaxOtherAnnualAssessmentAmount: 116.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 13, 2024
Sold by
Hernandez Carolina
Bought by
Hernandez Carolina Esperanza
Seller's Agent
Aaron Shrier
Equity Union
Buyer's Agent
Randelle Green
Green Mile Properties Inc.
List Price
$346,500
Sold Price
$345,000
Premium/Discount to List
-$1,500
-0.43%
Total Days on Market
12
Views
37
Current Estimated Value
$339,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,133
Avg. Annual Appreciation
-1.57%
Original Mortgage
$327,750
Outstanding Balance
$325,107
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$14,760

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 11, 2024
Sold by
Sandra L Libby Living Trust and Libby Sandra L
Bought by
Hernandez Carolina
Seller's Agent
Aaron Shrier
Equity Union
Buyer's Agent
Randelle Green
Green Mile Properties Inc.
List Price
$346,500
Sold Price
$345,000
Premium/Discount to List
-$1,500
-0.43%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Outstanding Balance
$325,107
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$14,760

Purchase Details

Closed on
Jan 18, 2013
Sold by
Libby Sandra L
Bought by
Libby Sandra L and Sandra L Libby Living Trust
Source: Public Records

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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
Quit Claim Deed -- Lawyers Title
Grant Deed $345,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $327,750 New Conventional
Previous Owner $68,000 Credit Line Revolving
Previous Owner $35,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $345,000 -0.4% $499 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $346,500 -- $501 / 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 $1,653 $135,138 $33,772 $101,366
2023 $1,621 $132,489 $33,110 $99,379
2022 $1,543 $129,892 $32,461 $97,431
2021 $1,520 $127,346 $31,825 $95,521
2019 $1,472 $123,571 $30,882 $92,689
2018 $1,453 $121,149 $30,277 $90,872
2016 $1,378 $116,447 $29,102 $87,345
2015 $1,357 $114,698 $28,665 $86,033
2014 $1,367 $112,452 $28,104 $84,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24103686

California Regional Multiple Listing Service (CRMLS)

APN: 2162-019-046