$350,000
SOLD AUG 20, 2024

Newcastle Manor 5403 Newcastle Ave Unit 22 Encino, CA 91316

1 Bed
1 Bath
688 Sq Ft
$505/mo HOA Fee

Recently Sold

$509 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • 1.4 Acre Lot
  • Neighborhood Views
  • Living Room
  • Gaspar De Portola Middle School Rated A-
  • Community Pool
  • Community Playground

About This Home

As of August 2024

Welcome to your new oasis in the heart of Encino. One Bedroom, One Bath condo recently updated end unit with spacious living room, granite countertops in the kitchen and bathroom, laminated flooring throughout, and sliding glass door leads to a cozy private balcony overlooking the pool area offering the perfect blend of comfort, convenience, and style. This unit is one of the best in the community, located on the second floor right above the laundry room and easily accessible by the elevator from the parking. Just a short stroll away from Ventura Blvd, residents will delight in the convenience of having local shops, restaurants, and grocery stores right at their fingertips. With pet-friendly policies, furry companions are welcome to call this community home. Residents of this complex have exclusive access to a range of amenities, including a sparkling pool/spa, and BBQ areas providing endless opportunities for relaxation and entertainment. Don't miss out on the chance to experience the epitome of Southern California living. Schedule your viewing today and make this condominium yours today!

Last Agent to Sell the Property

Nick Binesh

Binesh Realty Brokerage Phone: 949-222-0234 License #01708370 Listed on: 06/20/2024

Last Buyer's Agent

Prescilla Romero

Vista Sotheby's Int'l Realty License #02027162

Vista Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1967

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 688 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162019058

Community Details

Overview

  • 70 Units
  • Newcastle Manor HOA, Phone Number (818) 739-1105
  • Https://Nc Manor.Com/ Association, Phone Number (323) 868-2200
  • Newcastle Manor HOA

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,979

Year Built

Built in 1967

Lot Details

0

HOA Fees

$505 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162019058
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 688.00 Square Feet
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • 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: 508.72
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Controlled Access
  • Association Fee: 505.00
  • Association Fee Frequency: Monthly
  • Association Name: Newcastle Manor HOA
  • Phone: 818.739.1105
  • Association Phone #2: 3238682200
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Newcastle Manor
  • Association Management 2: https://nc-manor.com/

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

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 60914.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 13, 2024
Sold by
Fahimi-Sabeti Neda
Bought by
Duboise Jacob
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Prescilla Romero
Vista Sotheby's Int'l Realty
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Views
26
Current Estimated Value
$351,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034
Avg. Annual Appreciation
0.28%
Original Mortgage
$280,000
Outstanding Balance
$277,375
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$73,659

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 31, 2024
Sold by
Fahimi-Sabeti Neda
Bought by
Duboise Jacob
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Prescilla Romero
Vista Sotheby's Int'l Realty
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$277,375
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$73,659

Purchase Details

Listed on
Apr 10, 2021
Closed on
Apr 26, 2021
Sold by
Mashkevich Michael and Mashkevich Ludmila
Bought by
Fahmi Sabeti Neda
Seller's Agent
Rita Stark
Pinnacle Estate Properties, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$248,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1998
Sold by
Federal National Mortgage Association
Bought by
Mashevich Michael and Mashkevich Ludmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.71%

Purchase Details

Closed on
May 6, 1998
Sold by
Nassiri Fatemeh
Bought by
Fannie Mae
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 $350,000 Pacific Coast Title
Grant Deed $350,000 Pacific Coast Title
Grant Deed $310,000 Lawyers Title
Grant Deed $57,000 Chicago Title Co
Trustee Deed $64,767 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $280,000 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $39,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $350,000 -2.5% $509 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $359,000 +15.8% $522 / Sq Ft
05/17/2021 05/17/21 Sold $310,000 +5.1% $451 / Sq Ft
04/17/2021 04/17/21 For Sale $295,000 -4.8% $429 / Sq Ft
04/17/2021 04/17/21 Off Market $310,000 -- --
04/10/2021 04/10/21 For Sale $295,000 0.0% $429 / Sq Ft
06/24/2014 06/24/14 Rented $1,300 0.0% --
06/23/2014 06/23/14 Under Contract -- -- --
05/12/2014 05/12/14 For Rent $1,300 +8.3% --
09/01/2012 09/01/12 Rented $1,200 -- --
08/28/2012 08/28/12 Under Contract -- -- --
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 $3,979 $350,000 $237,600 $112,400
2024 $3,979 $328,972 $231,024 $97,948
2023 $3,900 $322,523 $226,495 $96,028
2022 $3,715 $316,200 $222,054 $94,146
2021 $1,074 $82,384 $17,655 $64,729
2020 $1,082 $81,540 $17,474 $64,066
2019 $1,042 $79,942 $17,132 $62,810
2018 $1,025 $78,376 $16,797 $61,579
2016 $971 $75,335 $16,146 $59,189
2015 $958 $74,204 $15,904 $58,300
2014 $969 $72,751 $15,593 $57,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24125250

California Regional Multiple Listing Service (CRMLS)

APN: 2162-019-058