$360,000
SOLD OCT 4, 2023

5414 Newcastle Ave Unit 50 Encino, CA 91316

1 Bed
1 Bath
729 Sq Ft
$492/mo HOA Fee

Recently Sold

$494 Per Sq Ft

4% Below List Price

28 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 60,978 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • Updated Kitchen
  • Main Floor Bedroom

About This Home

As of October 2023

This spacious ONE bedroom, one bathroom condo is centrally located in Encino with easy access to the 101. Freshly painted, new vinyl wood flooring, newer cabinets and countertops and an updated bathroom. This condo boasts a large master with walk in closet. Great first home or rental opportunity. Balcony overlooks courtyard. The HOA installed three new BBQs which are great for nighttime cooking or entertaining guests. The pool and spa have just been retiled and provide a wonderful accent to the community. LOCATION! Lastly, this condo is within walking distance to Ventura BLVD. Ralphs, Aroma Café, and Coral Tree Café are all but a little stroll out the door. The unit itself has its own water heater. The courtyard style build of this unit allows easy access to community amenities. This community offers a care-free LIFESTYLE featuring a pool, spa, Bar-be-que area, fitness center, sauna, meeting rooms & common laundry room. Per HOA, future improvements include painting of the exterior of the building, refurbishing the parking lot, plumbing repairs plus soft story retrofitting. Gated community with a covered one carport parking space with overhead storage cabinet is a bonus. Don't miss the opportunity to call Newcastle Manor home!

Last Agent to Sell the Property

Mark Witte

eXp Realty of California Inc License #02102425 Listed on: 08/14/2023

eXp Realty of California Inc

Last Buyer's Agent

Dia Hu

Rodeo Realty License #02157966

Rodeo Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1967

Lot Details

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

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 729 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Vinyl Flooring
  • Courtyard Views
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 33625
  • Assessor Parcel Number 2162009098
  • $125 per year additional tax assessments

Community Details

Overview

  • 76 Units
  • Newcastle Manor Homeowner's Association, Phone Number (818) 778-3331
  • HOA Organizers HOA

Amenities

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

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,438

Year Built

Built in 1967

Lot Details

0

HOA Fees

$492 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Showing Agent
  • Other Phone Number: 949.244.8780
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated Community, Security System, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162009098
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 729.00 Square Feet
  • Stories: 3
  • Entry Location: Street
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • 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: 493.83
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Covered, Paved
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher
  • 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, Recreation Room, Electricity, Gas, Trash, Utilities, Sewer
  • Association Fee: 492.31
  • Association Fee Frequency: Monthly
  • Association Name: Newcastle Manor Homeowner's Association
  • Phone: 8187783331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: HOA Organizers

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 60978.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60978.0000 Acres
  • Number Of Units In Community: 76
  • Number Of Units Total: 70

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 33625
  • TaxOtherAnnualAssessmentAmount: 125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 20, 2023
Sold by
Flaxen Barbara A
Bought by
Madrid Nancy
Seller's Agent
Mark Witte
eXp Realty of California Inc
Buyer's Agent
Dia Hu
Rodeo Realty
List Price
$374,999
Sold Price
$360,000
Premium/Discount to List
-$14,999
-4%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$288,000
Outstanding Balance
$282,711
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$116,449

Purchase Details

Closed on
Apr 17, 2000
Sold by
Stussman Gerald J
Bought by
Plaxen Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
8.24%

Purchase Details

Closed on
May 18, 1999
Sold by
Goldstein Charles
Bought by
Stussman Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 1998
Sold by
Goldstein Charles
Bought by
Goldstein Charles A and Goldstein Sharon I

Purchase Details

Closed on
Jun 11, 1998
Sold by
Goldstein Charles
Bought by
Goldstein Charles and Goldstein Sharon
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 $360,000 First American Title
Grant Deed $80,000 Progressive Title Company
Grant Deed $66,000 Provident Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Previous Owner $77,600 No Value Available
Previous Owner $50,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $395,000 +9.7% $542 / Sq Ft
10/04/2023 10/04/23 Sold $360,000 -4.0% $494 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $374,999 -- $514 / 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
2025 $4,438 $367,200 $245,820 $121,380
2024 $4,438 $360,000 $241,000 $119,000
2023 $1,452 $118,153 $49,179 $68,974
2022 $1,382 $115,837 $48,215 $67,622
2021 $1,361 $113,567 $47,270 $66,297
2019 $1,318 $110,201 $45,869 $64,332
2018 $1,298 $108,041 $44,970 $63,071
2016 $1,229 $103,848 $43,225 $60,623
2015 $1,211 $102,289 $42,576 $59,713
2014 $1,221 $100,286 $41,742 $58,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23151267

California Regional Multiple Listing Service (CRMLS)

APN: 2162-009-098