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Sold for $440,000
  • Listed by: RECA Group Inc. • Ashot Baghdiyan • Contact: 415-577-0516
    Bought with: Pinnacle Estate Properties
    $440,000

    5325 Newcastle Ave Unit 321, Encino, CA 91316

    2beds
    809sqft
    Condominium
    Built in 1971
    -- sqft lot
    $439,100 Zestimate®
    $544/sqft
    $2,495 Estimated rent

    Home value

    $439,100

    $400,000 - $483,000

    $2,495/mo

    Zestimate® history
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    What's special

    Heated poolPrivate balconyAbundant natural lightCustom cabinetrySleek modern fireplaceOpen layoutPrivacy and tranquility
    The Park Encino Condos, Unit #321 — a rare top-floor corner unit with no neighbors above and only one shared wall, offering privacy and tranquility in one of Encino’s most desirable communities. This tastefully renovated 2-bedroom, 1-bathroom condo features vaulted ceilings and abundant natural light. The spacious living room centers around a sleek modern fireplace and flows seamlessly into a custom-built bar area, perfect for entertaining. The fully updated kitchen showcases custom cabinetry, stone countertops, a matching stone backsplash, and high-end appliances, including a Beko gas range, Fisher & Paykel refrigerator, and Miele dishwasher. Its open layout connects effortlessly to the dining area and living room, creating a bright and inviting atmosphere. The bathroom has been completely redone with a new tub, toilet, custom vanity, and stylish tilework in the shower, offering a clean, modern feel. Step outside to your private balcony — perfect for morning coffee or evening relaxation — complete with a convenient storage closet. Community amenities include secure entry, tandem parking for two cars, and resort-style features: lush landscaping, a large BBQ deck overlooking the heated pool, a game room with a pool table, and an oversized laundry facility with new machines. Residents also enjoy a state-of-the-art gym and a reservable recreation room with a full kitchen for hosting events. Two on-site maintenance professionals are available Monday through Friday. HOA includes water, gas, and trash. Located just minutes from Ventura Blvd, this prime Encino location offers easy access to restaurants, shopping, schools, parks, and major freeways. A move-in-ready, top-floor gem in the heart of Encino — don’t miss it!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashot Baghdiyan DRE #02001499 ab@recagroupinc.com,

    RECA Group Inc.

    Bought with:

    Sevan Petrossian, DRE #01989049

    Pinnacle Estate Properties

    Source: CRMLS,MLS#: GD25118253MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Family Room, Primary Bedroom
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 809 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: /
    • Pool features: Community
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2.37 Acres
    Details
    • Parcel number: 2162004198
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Urban, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Gas, Maintenance Grounds, Insurance, Barbecue, Pets Allowed, Recreation Room, Trash, Water
    • Services included: Sewer
    • HOA fee: $528 monthly
    • HOA name: PMP Management
    • HOA phone: 805-642-2400
    Location
    • Region: Encino

    Financial & listing details

    • Price per square foot: $544/sqft
    • Tax assessed value: $426,563
    • Annual tax amount: $5,194
    • Date on market: 5/28/2025
    • Cumulative days on market: 77 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    9/9/2025Sold$440,000-3.3%$544/sqft
    Source: CRMLS #GD25118253 Report a problem
    8/21/2025Pending sale$455,000$562/sqft
    Source: CRMLS #GD25118253 Report a problem
    8/8/2025Listed for sale$455,000-2.2%$562/sqft
    Source: CRMLS #GD25118253 Report a problem
    8/4/2025Listing removed$465,000$575/sqft
    Source: SDMLS #GD25118253 Report a problem
    6/24/2025Listed for sale$465,000+13.4%$575/sqft
    Source: SDMLS #GD25118253 Report a problem
    5/16/2023Sold$410,000+8.2%$507/sqft
    Source: Public Record Report a problem
    4/22/2023Contingent$379,000$468/sqft
    Source: CRMLS #PW23050699 Report a problem
    4/14/2023Listed for sale$379,000+23.1%$468/sqft
    Source: CRMLS #PW23050699 Report a problem
    12/29/2005Sold$308,000$381/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,194 +1.1%$426,563 +2%
    2024$5,135 +10.7%$418,200 +8.9%
    2023$4,640 +8.3%$384,000 +5.2%
    2022$4,285 -0.7%$365,000
    2021$4,314 +1.9%$365,000 +4%
    2020$4,232 $351,000 +3.8%
    2019$4,232 +4.5%$338,000
    2018$4,052 $338,000 +6.3%
    2017$4,052 +6.6%$318,000 +13.6%
    2016$3,799 +14.1%$280,000
    2015$3,331 +27.1%$280,000 +30.2%
    2014$2,620 $215,000 +35.2%
    2012-- $159,000 -6%
    2011-- $169,100
    2010-- $169,100
    2009-- $169,100 -47.2%
    2008-- $320,443 +2%
    2007-- $314,160 +2%
    2006-- $308,000 +279.6%
    2005-- $81,148 +50.4%
    2004-- $53,958 +269.5%
    2003-- $14,602 -70.6%
    2002-- $49,700 -28%
    2000-- $69,000
    Find assessor info on the county website

    Neighborhood: Encino

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $439,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $439,100