NOT LISTED FOR SALE

109 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,055,000 - $6,078,491

3 Beds
2 Baths
2,237 Sq Ft
$2,004/Sq Ft Est. Value

About This Home

This home is located at 109 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $4,482,123, approximately $2,003 per square foot. 109 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
Nov 19, 2015
Sold by
Rechnitz Yisroel Zev
Bought by
Katz Jason and Katz Tamar
Current Estimated Value
$4,482,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2014
Sold by
Rechnitz Yisroel Zev
Bought by
Rechnitz Yisroel Zev and Yisroel Zev Rechnitz Living Trust

Purchase Details

Closed on
Oct 14, 2011
Sold by
Rechnitz Shlomo and Rechnitz Tamar
Bought by
Rechnitz Steve and Rechnitz Avigail

Purchase Details

Closed on
Jun 30, 2011
Sold by
Gottlieb Marc H and Marc H Gottlieb Revocable 2011
Bought by
Rechnitz Shlomo and Rechnitz Tamar

Purchase Details

Closed on
Jun 29, 2011
Sold by
Gottlieb Bonnie Faye
Bought by
Gottlieb Marc H

Purchase Details

Closed on
Feb 25, 2011
Sold by
Gottlieb Marc H
Bought by
Gottlieb Marc H and Marc H Gottlieb Revocable 2011 Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Katz Jason $1,680,000 Fidelity Sherman Oaks
Rechnitz Yisroel Zev -- Fidelity Sherman Oaks
Rechnitz Yisroel Zev -- None Available
Rechnitz Steve $950,000 Equity Title Company
Rechnitz Shlomo $950,000 Equity Title Los Angeles
Gottlieb Marc H -- Equity Title Los Angeles
Gottlieb Marc H -- None Available
Gottlieb Marc H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katz Jason $1,300,000
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 $52,231 $4,326,229 $1,591,020 $2,735,209
2024 $51,605 $4,241,402 $1,559,824 $2,681,578
2023 $42,322 $3,494,341 $1,529,240 $1,965,101
2022 $40,338 $3,425,825 $1,499,255 $1,926,570
2021 $39,860 $3,358,653 $1,469,858 $1,888,795
2019 $21,322 $1,782,827 $1,426,262 $356,565
2018 $21,184 $1,747,871 $1,398,297 $349,574
2016 $12,023 $988,221 $790,578 $197,643
2015 $11,848 $973,378 $778,703 $194,675
2014 $11,889 $954,312 $763,450 $190,862
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

109 N Formosa Ave, Los Angeles, CA

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