NOT LISTED FOR SALE

5414 Newcastle Ave Unit 3 Encino, CA 91316

Estimated Value: $285,865 - $318,000

1 Bed
1 Bath
431 Sq Ft
$352/mo HOA Fee

Last Sold September 19, 2019

Last sale price $225,000 $522 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,163/month

Highlights

  • 1.4 Acre Lot
  • Park or Greenbelt View
  • Living Room
  • Gaspar De Portola Middle School Rated A-
  • Community Pool
  • Laundry Room

About This Home

As of September 2019

Property is rented by current tenant at $1450/mo. through March 2021. Adorable & affordable condo perfect for any owner or investor looking in prime Encino! End unit condo with a large patio garden, just a short walk to everything Ventura Blvd has to offer - shops, restaurants, etc. Thriving community with sparkling pool/spa and barbecues perfect for those Los Angeles summer nights. Come take advantage of this opportunity before it's gone!

Last Agent to Sell the Property

Tyler Langness

Compass License #01992391 Listed on: 07/06/2019

Compass

Last Buyer's Agent

Karlin Mardirous

Pinnacle Estate Properties, Inc. License #01856962

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1967

Lot Details

  • 1.4

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Full Bathroom
  • 431 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Park or Greenbelt Views
  • Laundry Room

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162009051

Community Details

Overview

  • 40 Units
  • Newcastle Manor Association, Phone Number (888) 400-7080
  • Lbpm HOA

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,993

Year Built

Built in 1967

Lot Details

0

HOA Fees

$352 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162009051
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 431.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 522.04
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Park/Greenbelt
  • 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
  • Association Fee: 352.00
  • Association Fee Frequency: Monthly
  • Association Name: Newcastle Manor
  • Phone: 888-400-7080
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: LBPM

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 60948.00
  • Lot Size Acres: 1.3992

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60948.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.03
  • Tax Lot: 3
  • Tax Tract Number: 33625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Givargis George and Givargis Monica V
Bought by
Givargis George and Givargis Monica V
Current Estimated Value
$297,966

Purchase Details

Listed on
Jul 6, 2019
Closed on
Aug 8, 2019
Sold by
Read Nicolas and Arqueros Joelle
Bought by
Givargis George and Givargis Monica V
Seller's Agent
Tyler Langness
Compass
Buyer's Agent
Karlin Mardirous
Pinnacle Estate Properties, Inc.
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$202,500
Interest Rate
3.6%

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 12, 2019
Sold by
Sosna Anita C and The Sosna 1993 Revocable Inter
Bought by
Read Nicolas and Arqueros Joelle
Seller's Agent
Tammy Jerome
Coldwell Banker Realty
List Price
$232,500
Sold Price
$225,000
Premium/Discount to List
-$7,500
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Jun 20, 2015
Closed on
Jun 30, 2015
Sold by
Bercovitz Freddie Howard
Bought by
Sosna Anita C and Sosna 1993 Revocable Inter Vivos Trust
Seller's Agent
Tammy Jerome
Coldwell Banker Realty
Buyer's Agent
Tammy Jerome
Coldwell Banker Residential Brokerage
List Price
$149,000
Sold Price
$140,500
Premium/Discount to List
-$8,500
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Jul 13, 2009
Sold by
Spencer Christopher
Bought by
Bercovitz Freddie Howard

Purchase Details

Closed on
Aug 8, 2003
Sold by
Spencer Christopher
Bought by
Chris Spencer Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2003
Sold by
Winstar Llc
Bought by
Spencer Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Givargis George -- None Available
Givargis George $225,000 Stewart Title Company
Read Nicolas $225,000 Equity Title
Sosna Anita C $140,500 Equity Title
Bercovitz Freddie Howard $110,000 Equity Title Los Angeles
Chris Spencer Enterprises Inc -- --
Spencer Christopher $110,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Givargis George $202,500
Previous Owner Spencer Christopher $87,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $225,000 -6.3% $522 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/06/2019 07/06/19 For Sale $240,000 +6.7% $557 / Sq Ft
03/04/2019 03/04/19 Sold $225,000 -3.2% $522 / Sq Ft View Prior Sale
02/12/2019 02/12/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $232,500 +65.5% $539 / Sq Ft
07/14/2015 07/14/15 Sold $140,500 -5.7% $326 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $149,000 0.0% $346 / Sq Ft
07/01/2014 07/01/14 Rented $900 0.0% --
06/26/2014 06/26/14 Under Contract -- -- --
06/17/2014 06/17/14 For Rent $900 -- --
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 $2,993 $246,065 $180,340 $65,725
2024 $2,993 $241,241 $176,804 $64,437
2023 $2,935 $236,512 $173,338 $63,174
2022 $2,796 $231,876 $169,940 $61,936
2021 $2,762 $227,330 $166,608 $60,722
2019 $908 $149,097 $90,095 $59,002
2018 $1,821 $146,175 $88,329 $57,846
2016 $1,737 $140,500 $84,900 $55,600
2015 $1,471 $118,140 $75,180 $42,960
2014 -- $115,827 $73,708 $42,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19158781

California Regional Multiple Listing Service (CRMLS)

APN: 2162-009-051