NOT LISTED FOR SALE

The Park Encino Condo 5325 Newcastle Ave Unit 120 Encino, CA 91316

Estimated Value: $298,000 - $434,000

1 Bed
1 Bath
475 Sq Ft
2.37 Acres

Last Sold October 10, 2017

Last sale price $242,000 $509 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,080/month

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Spa
  • 2.37 Acre Lot

About This Home

As of April 2024

Exceptional living in Park Encino. Gorgeous studio unit with laminate flooring, granite countertops in kitchen and bathroom, fireplace with a good sized private balcony. This complex offers a large recreation room, game room, bbq area with pool surrounded with great landscaping. Fully equiped fitness center outdoor bbqs , gardens, fountain, gated parking and 24 hour security cameras. walking distance to shopping and restaurants and easy acces to freeways.

Last Agent to Rent the Property

Danilo Mattos

Coldwell Banker Residential Br License #02214007 Listed on: 03/13/2024

Coldwell Banker Residential Br

Last Renter's Agent

Danilo Mattos

Coldwell Banker Residential Br License #02214007 Listed on: 03/13/2024

Coldwell Banker Residential Br

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 1971

Lot Details

  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 475 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Built-In Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,600
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/14/24
  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004110

Community Details

Overview

  • Property has a Home Owners Association
  • 130 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

  • Community Spa

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,334

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2024-03-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1600
  • Furnished: Unfurnished
  • Total Move In Costs: 3200.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2162004110
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 475.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Fireplace Features: Dining Room, Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.37
  • Room Type: Kitchen
  • Spa Features: Community
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Refrigerator
  • Heating Type: Central
  • 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, Gym/Ex Room, Clubhouse, Billiard Room
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 103178.00
  • Lot Size Acres: 2.3686

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 103178.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 1
  • Tax Tract Number: 36582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 12, 2017
Sold by
Neysari Mojib
Bought by
Gutierrez Yolanda
Seller's Agent
AJ Jamasbi
Dimora Realty Group, Inc.
Buyer's Agent
Estepan Kechichian
Signature Fine Estates, Inc.
List Price
$239,000
Sold Price
$242,000
Premium/Discount to List
$3,000
1.26%
Current Estimated Value
$338,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,361
Avg. Annual Appreciation
4.17%
Original Mortgage
$181,500
Outstanding Balance
$152,249
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$182,490

Purchase Details

Closed on
May 27, 2011
Sold by
Neysari Mojib Rasekh
Bought by
Neysari Mojib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Lechastaignier Angelae D
Bought by
Neysari Mojib Rasekh

Purchase Details

Closed on
Sep 7, 2007
Sold by
Lechastaignier David
Bought by
Lechastaignier Angelae D

Purchase Details

Closed on
Jun 20, 2007
Sold by
Keith Margaret and Winshel Robin Keith
Bought by
Chastain Robert L and The Chastain Trust

Purchase Details

Closed on
Nov 3, 2004
Sold by
Rojany Avi and Rojany Janis A
Bought by
Park Encino Inc
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
Gutierrez Yolanda $242,000 Chicago Title Company
Neysari Mojib -- Fidelity National Title Co
Neysari Mojib Rasekh $120,000 Progressive Title Company
Lechastaignier Angelae D -- None Available
Lechastaignier David -- None Available
Chastain Robert L -- None Available
Chastain Robert L $220,000 Itc Gln
Park Encino Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Yolanda $181,500
Previous Owner Neysari Mojib $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $1,600 0.0% --
03/13/2024 03/13/24 For Rent $1,600 0.0% --
10/10/2017 10/10/17 Sold $242,000 +1.3% $509 / Sq Ft
09/01/2017 09/01/17 For Sale $239,000 -- $503 / 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 $3,334 $275,347 $204,578 $70,769
2024 $3,334 $269,949 $200,567 $69,382
2023 $3,269 $264,657 $196,635 $68,022
2022 $3,115 $259,469 $192,780 $66,689
2021 $3,076 $254,382 $189,000 $65,382
2019 $2,983 $246,840 $183,396 $63,444
2018 $2,968 $242,000 $179,800 $62,200
2016 $1,539 $130,843 $73,490 $57,353
2015 $1,516 $128,879 $72,387 $56,492
2014 $1,526 $126,356 $70,970 $55,386
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2024

    Danilo Mattos

    Coldwell Banker Residential Br

    (424) 236-8042

    Danilo Mattos
    Section Image

  • A

    Seller's Agent in 2017

    AJ Jamasbi

    Dimora Realty Group, Inc.

    Section Image

  • E

    Buyer's Agent in 2017

    Estepan Kechichian

    Signature Fine Estates, Inc.

    (626) 429-9740

    28 Total Sales

    Estepan Kechichian
    Section Image
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About The Park Encino Condo

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24051332

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-110

California Los Angeles County Encino 91316

5325 Newcastle Ave Unit 120, Encino, CA

This home is located at 5325 Newcastle Ave Unit 120, Encino, CA 91316 since 13 March 2024 and is currently priced at $338,361. This property was built in 1971. 5325 Newcastle Ave Unit 120 is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Nestle Avenue Charter, and Emelita Street Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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