NOT LISTED FOR SALE

103 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,392,000 - $3,503,000

4 Beds
5 Baths
4,648 Sq Ft
$656/Sq Ft Est. Value

About This Home

This home is located at 103 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $3,048,805, approximately $655 per square foot. 103 N Formosa Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, John Burroughs Middle School, and Fairfax High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Schulman Jacob Meyer
Bought by
Schulman Family Trust and Schulman
Current Estimated Value
$3,048,805

Purchase Details

Closed on
May 16, 2023
Sold by
Schulman Marcus Isaac
Bought by
Schulman

Purchase Details

Closed on
Nov 10, 1994
Sold by
Schulman Morton Louis and Schulman Miriam Rose
Bought by
Schulman Morton Louis and Schulman Miriam Rose

Purchase Details

Closed on
Aug 27, 1993
Sold by
Schulman Morton Louis and Schulman Miriam Rose
Bought by
Schulman Morton Louis and Schulman Miriam Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Schulman Family Trust -- None Listed On Document
Schulman -- None Listed On Document
Schulman Jacob -- None Listed On Document
Schulman Morton Louis -- --
Schulman Morton Louis -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulman Morton Louis $250,000
Source: Public Records

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 $35,397 $2,954,736 $2,496,960 $457,776
2024 $35,397 $2,899,860 $2,448,000 $451,860
2023 $7,669 $595,424 $128,102 $467,322
2022 $7,329 $583,750 $125,591 $458,159
2021 $7,212 $572,305 $123,129 $449,176
2019 $7,003 $555,332 $119,478 $435,854
2018 $6,861 $544,444 $117,136 $427,308
2016 $6,517 $523,305 $112,589 $410,716
2015 $6,424 $515,445 $110,898 $404,547
2014 $6,450 $505,349 $108,726 $396,623
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

103 N Formosa Ave, Los Angeles, CA

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