NOT LISTED FOR SALE

5757 Newcastle Ave Encino, CA 91316

Estimated Value: $952,000 - $1,193,000

3 Beds
2 Baths
1,506 Sq Ft
$732/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $815,000 $541 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,867/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Covered Patio or Porch
  • Gaspar De Portola Middle School Rated A-
  • No HOA
  • Formal Dining Room

About This Home

As of May 2023

Welcome to this charming 3 bedroom, 2 bathroom Encino Park fixer-upper with excellent ADU potential! This family has loved this home for over 70 years! Situated on a spacious corner lot, this home presents a fantastic opportunity for buyers looking to create their dream home and/or generate additional income. The house features a desirable layout, hardwood floors, and a cozy fireplace in the step down family room. The kitchen is open to the cozy dining area. All three bedrooms are generously sized. The front bathroom off the hall offers a tub and shower combo. The primary suite offers potential for access to the backyard, spacious bathroom with stall shower and larger vanity. The backyard presents entertaining opportunities with a great layout and covered patio. With plenty of space, the backyard has the potential to accommodate a fabulous ADU (accessory dwelling unit), which can provide additional living space or generate rental income. Located in the desirable Encino Park neighborhood, this home is close to great schools, parks, shopping, dining, and entertainment options. With some vision and TLC, this property has the potential to become the perfect home or income-generating investment. Air conditioning was replaced in 2022. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Tamara Tambe

Pinnacle Estate Properties, Inc. License #01793556 Listed on: 03/30/2023

Pinnacle Estate Properties, Inc.

Co-Listed By

Darren Shack

Pinnacle Estate Properties, Inc. License #01930725

Last Buyer's Agent

Gary Keshishyan

Pinnacle Estate Properties License #01276434

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,304

Year Built

  • Built in 1949

Lot Details

  • 5,480 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Corner Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 438
  • Tax Tract Number 15778
  • Assessor Parcel Number 2159016022
  • $325 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,304

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159016022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1506.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Separated
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 541.17
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage Faces Side, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5480.00
  • Lot Size Acres: 0.1258

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5480.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1392.00
  • Tax Lot: 438
  • Tax Tract Number: 15778
  • TaxOtherAnnualAssessmentAmount: 325.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 28, 2023
Sold by
Gladys M Wesolowski 2007 Trust
Bought by
Grinwald Sharon Maty
Seller's Agent
Tamara Tambe
Pinnacle Estate Properties, Inc.
Buyer's Agent
Gary Keshishyan
Pinnacle Estate Properties
List Price
$899,950
Sold Price
$815,000
Premium/Discount to List
-$84,950
-9.44%
Views
118
Current Estimated Value
$1,102,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,541
Avg. Annual Appreciation
14.51%
Original Mortgage
$652,000
Outstanding Balance
$634,212
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$468,329

Purchase Details

Closed on
May 11, 2007
Sold by
Wesolowski Gladys M
Bought by
Wesolowski Gladys M and Gladys M Wesolowski 2007 Trust
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 Buyer Sale Price Title Company
Grinwald Sharon Maty $815,000 Priority Title
Wesolowski Gladys M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grinwald Sharon Maty $652,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $815,000 -4.1% $541 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $850,000 -5.6% $564 / Sq Ft
03/30/2023 03/30/23 For Sale $899,950 -- $598 / 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 $10,304 $847,925 $678,340 $169,585
2024 $10,304 $831,300 $665,040 $166,260
2023 $1,247 $83,348 $42,383 $40,965
2022 $1,196 $81,714 $41,552 $40,162
2021 $1,173 $80,113 $40,738 $39,375
2019 $1,141 $77,739 $39,531 $38,208
2018 $1,050 $76,215 $38,756 $37,459
2016 $986 $73,257 $37,252 $36,005
2015 $973 $72,158 $36,693 $35,465
2014 $984 $70,746 $35,975 $34,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23052634

California Regional Multiple Listing Service (CRMLS)

APN: 2159-016-022