$290,000
SOLD MAR 2, 2021

Shelbourne Towers 5429 Newcastle Ave Unit 313 Encino, CA 91316

1 Bed
1 Bath
690 Sq Ft
$430/mo HOA Fee

Recently Sold

$420 Per Sq Ft

75 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Central Air
  • Gaspar De Portola Middle School Rated A-
  • Laundry Room

About This Home

As of February 2022

ow! Why rent when you can own? One level unit conveniently located by elevator and laundry facilities. Step into this beautifully, upgraded condo in the heart of Encino. As you enter into your private hallway you'll love the open floor plan with the large living room, separate dining area and master suite. There's plenty of natural light and privacy, it's nice because Enjoy cooking in the kitchen with upgraded, quality granite and newer appliances. The master suite is spacious with a large, roomy walk-in closet . , smooth ceilings. The living room has recessed lighting . Very clean condo Possible rental for Investors. Easy freeway access. One assigned parking spot. Complex offers many amenities including secured access, sparkling pool/spa, Laundry rooms on each floor . HOA also includes water, sewer, & trash. Convenient location close Ventura Blvd, shopping, restaurants and transportation
FHA Approve

Last Agent to Sell the Property

Reza Arshadi

Reza Arshadi License #00638712 Listed on: 09/09/2020

Last Buyer's Agent

Reza Arshadi

Reza Arshadi License #00638712 Listed on: 09/09/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1964

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • 690 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • 1 Common Wall
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 3117
  • Tax Tract Number 31171
  • Assessor Parcel Number 2162002091

Community Details

Overview

  • 64 Units
  • Janet Geresten Association, Phone Number (818) 774-0777
  • Ccam HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,304

Year Built

Built in 1964

Lot Details

0

HOA Fees

$430 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: 2162002091
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 690.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 420.29
  • Room Type: Kitchen, Walk-In Closet

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 102
  • Amenities: Pool
  • Association Fee: 430.00
  • Association Fee Frequency: Monthly
  • Association Name: janet geresten
  • Phone: 818-774-0777
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: CCAM

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 64
  • Number Of Units Total: 64

Tax Info

  • Tax Lot: 3117
  • Tax Tract Number: 31171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jan 25, 2022
Sold by
Milagros Abreu Angela
Bought by
Damghani Amir Motaghi and Khoee Mojgan
Seller's Agent
Elizabeth Simpson
Rodeo Realty
Buyer's Agent
Connie Snider Baker
Coldwell Banker Dynasty T.C.
List Price
$299,995
Sold Price
$342,000
Premium/Discount to List
$42,005
14%
Current Estimated Value
$345,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,368
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Keramati Catherine K
Bought by
Abreu Angela Milagros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,300
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Martin Irma R
Bought by
Keramati Catherine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
5.46%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 15, 2002
Sold by
Maryanski Karen
Bought by
Martin Irma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2000
Sold by
Cole Erika
Bought by
Maryanski Karen

Purchase Details

Closed on
Apr 2, 1999
Sold by
Maryanski James
Bought by
Maryanski Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1999
Sold by
Schulman Anne
Bought by
Cole Erika and Maryanski Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1996
Sold by
Schulman Anne
Bought by
Schulman Anne and Schulman Family 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
Grant Deed $342,000 Progressive Title
Deed -- Progressive Title
Grant Deed $290,000 Wfg National Title
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Grant Deed $158,000 Equity Title Company
Grant Deed $136,000 Fidelity National Title Co
Gift Deed -- --
Gift Deed -- Progressive Title Company
Grant Deed $77,500 Progressive Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 New Conventional
Previous Owner $90,000 Stand Alone Second
Previous Owner $181,300 New Conventional
Previous Owner $126,400 Stand Alone First
Previous Owner $129,200 Unknown
Previous Owner $75,600 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 For Sale $299,995 -12.3% $435 / Sq Ft
02/15/2022 02/15/22 Sold $342,000 0.0% $496 / Sq Ft
01/19/2022 01/19/22 Off Market $342,000 -- --
01/10/2022 01/10/22 For Sale $299,995 +3.4% $435 / Sq Ft
03/02/2021 03/02/21 Sold $290,000 +3.9% $420 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $279,000 -3.8% $404 / Sq Ft
09/09/2020 09/09/20 For Sale $290,000 -- $420 / 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 $4,304 $362,931 $231,661 $131,270
2024 $4,304 $355,816 $227,119 $128,697
2023 $4,219 $348,840 $222,666 $126,174
2022 $3,562 $295,800 $189,618 $106,182
2021 $2,548 $207,517 $129,372 $78,145
2020 $2,571 $205,390 $128,046 $77,344
2019 $2,471 $201,364 $125,536 $75,828
2018 $2,450 $197,417 $123,075 $74,342
2016 $2,336 $189,753 $118,297 $71,456
2015 $2,303 $186,904 $116,521 $70,383
2014 $2,317 $183,244 $114,239 $69,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20187515

California Regional Multiple Listing Service (CRMLS)

APN: 2162-002-091