$342,000
SOLD FEB 15, 2022

Shelbourne Towers 5429 Newcastle Ave Unit 313 Encino, CA 91316

1 Bed
1 Bath
690 Sq Ft
$450/mo HOA Fee

Recently Sold

$496 Per Sq Ft

14% Above List Price

21 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • 1.4 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of February 2022

What a gem! Step into this beautifully upgraded condo in a desirable gated complex in the heart of Encino. Gorgeous 1 bedroom/1 bathroom unit with bountiful closet space and an abundance of natural light! You'll love the open floor plan with the large living room and dining area, upgraded kitchen, elegant bathroom, and generously sized master suite. With dark hardwood floors and recessed lighting, this exceptional top floor unit offers TWO roomy walk-in closets, as well as an additional hallway closet, and a separate linen closet. Bathroom and kitchen have been updated with premium granite countertops, newer fixtures, and hardware. Central air-conditioning and heat. Amenities include secured access, elevators, sparkling pool, common area, and laundry rooms on each floor. The covered carport with a single assigned parking space and a large storage locker is located just inside the complex with easy elevator access. HOA ($450/monthly) includes water, pool, gardens, maintenance, sewer, & trash. Convenient, safe location close to Ventura Blvd - shopping, restaurants, nightlife, transportation, award-winning schools, and more. An excellent opportunity for a discerning singleton, couple, or possible rental for a wise investor. A MUST-SEE.

Last Agent to Sell the Property

Elizabeth Simpson

Rodeo Realty License #02106546 Listed on: 01/10/2022

Rodeo Realty

Last Buyer's Agent

Connie Snider Baker

Coldwell Banker Dynasty T.C. License #01819025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 690 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Private Parking
  • Automatic Gate

Pool

  • In Ground Pool
  • Fence Around Pool

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 2162-002-091

Community Details

Overview

  • Association fees include building and grounds, maintenance paid, sewer, water, trash
  • 64 Units
  • Shelbourne Towers Association
  • Low-Rise Condominium

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,304

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: Shelbourne Towers
  • Entry Floor: 1
  • Entry Location: Elevator
  • Living Area: 690
  • Lot Acreage: 1.3982
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1964
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Storage Space
  • Number Of Remote Controls: 1
  • Flooring: Tile, Wood
  • Appliances: Built-Ins, Built-In Electric, Oven, Electric
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Living Room
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Elevator, Garbage Disposal, Vented Exhaust Fan
  • Fireplace: No
  • Price Per S Q F T: 434.78

Exterior Features

  • Direction Faces: West
  • Pool Description: Fenced, Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport Attached, Private, Parking Space
  • Total Parking: 1

Utilities

  • Water District: Los Angeles
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated, Smoke Detector, Carbon Monoxide Detector(s)
  • Water: Public

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Gated Parking, Gated Community, Pool
  • Pet Rules: Call, Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Maintenance Paid, Sewer, Water, Trash
  • HOA Fees: 450.00
  • Management Company: Shelbourne Towers
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 2162-002-091
  • Lot Description: Gated Community
  • Lot Location: Near Public Transit
  • Lot Size Area: 60904

Multi Family

  • Number Of Units: 64

MLS Schools

  • School District: Los Angeles Unified

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: The MLS

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: The MLS

MLS Number: 22-115601

The MLS

APN: 2162-002-091