tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
940

5325 Newcastle Ave Unit 129, Encino, CA 91316

5325 Newcastle Ave Unit 129

Encino, CA 91316

  • 103 days on market
Welcome to the Park Encino Condominiums, nestled in the heart of Encino, this spacious unit offers 2 master suites with private full Bath separated by dining and living room with a cozy fireplace and an oversized private balcony overlooks tropical garden and trees, Kitchen equipped with new appliances and granite countertops. hardwood flooring throw-out the home, plenty of storage space, well maintained community includes exceptional amenities such as fenced heated pool, gym, club room with full kitchen and TV, barbeque area for entertaining, 2 assigned parking spaces. dues includes water, trash and gas, 24 hours laundry room, close proximity to Ventura Blvd. dining, shopping and entertainment.

Details

Property type

Condominium

Est. home value

$438,845

Lot size

2.3686 acres

Price per sq ft

$531

Year built

1971

Monthly HOA fee

$549

Price History

10/09/2024
CRMLS

CRMLS #SR24165438

Removed
$499,000
09/30/2024
CRMLS

CRMLS #SR24165438

Listed
$499,000
08/11/2024
CRMLS

CRMLS #SR24165438

Listed
$499,000
+16.59%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Suburban

High school district: 

Los Angeles Unified

Number of units in community: 

130

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$56,891
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$402,189
Cash to seller
$56,891

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

October 2023

Original loan amount

$406,600

Est. remaining balance

$402,189

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Hossein Ghiassi Aras and Sevda Ghiassi Aras

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 4:05 AM

Listing updated: 10/14/2024 at 10:50 PM

Listed by: Carmit Benbaruh, Beverly and Company Phone #: (818) 835-4414

MLS: CRMLS #SR24165438

CRMLS logo

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