NOT LISTED FOR SALE

122 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,968,982 - $2,126,000

3 Beds
2 Baths
2,349 Sq Ft
$865/Sq Ft Est. Value

About This Home

This home is located at 122 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,031,996, approximately $865 per square foot. 122 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 30, 2012
Sold by
Burg Sheldon
Bought by
Burg Sheldon Ira and Burg Arlene Felice
Current Estimated Value
$2,031,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$72,630
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$1,959,366

Purchase Details

Closed on
Jan 5, 2012
Sold by
Burg Sheldon
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Burg Sheldon
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Burg Sheldon Ira
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Burg Sheldon Ira
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.54%

Purchase Details

Closed on
Aug 22, 2002
Sold by
Burg Sheldon Ira
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.37%

Purchase Details

Closed on
Jul 5, 1999
Sold by
Burg Sheldon Ira
Bought by
Burg Sheldon Ira and Burg Arlene Felice

Purchase Details

Closed on
Jan 28, 1999
Sold by
Arlene F Spiegel Trust and Arlene Felice
Bought by
Burg Sheldon and Burg Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.73%

Purchase Details

Closed on
Mar 17, 1996
Sold by
Roven Blanca Tr Arlene F Spiegel Trust
Bought by
Burg Arlene Felice and Spiegel Arlene Felice
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Burg Sheldon Ira -- Lsi
Burg Sheldon -- Lsi
Burg Sheldon Ira -- Lawyers Title La
Burg Sheldon -- Lawyers Title
Burg Sheldon Ira -- Lawyers Title La
Burg Sheldon -- Lawyers Title
Burg Sheldon Ira -- Gateway Title Company
Burg Sheldon Ira -- Gateway Title Company
Burg Sheldon Ira -- --
Burg Sheldon Ira -- Gateway Title Company
Burg Sheldon Ira -- Gateway Title Company
Burg Sheldon Ira -- Gateway Title Company
Burg Sheldon Ira -- --
Burg Sheldon -- Gateway Title Company
Burg Arlene Felice -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burg Sheldon $395,000
Closed Burg Sheldon $407,000
Closed Burg Sheldon $417,000
Closed Burg Sheldon Ira $235,000
Closed Burg Sheldon Ira $242,000
Closed Burg Sheldon Ira $242,000
Closed Burg Sheldon $240,000
Closed Burg Sheldon Ira $50,000
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 $2,076 $148,764 $68,619 $80,145
2024 $2,076 $145,848 $67,274 $78,574
2023 $2,045 $142,989 $65,955 $77,034
2022 $1,964 $140,186 $64,662 $75,524
2021 $1,924 $137,439 $63,395 $74,044
2019 $1,872 $133,364 $61,515 $71,849
2018 $1,755 $130,750 $60,309 $70,441
2016 $1,654 $125,674 $57,968 $67,706
2015 $1,632 $123,787 $57,098 $66,689
2014 $1,647 $121,363 $55,980 $65,383
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

122 N Formosa Ave, Los Angeles, CA

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