NOT LISTED FOR SALE

123 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,117,000 - $2,919,528

4 Beds
3 Baths
4,341 Sq Ft
$614/Sq Ft Est. Value

About This Home

This home is located at 123 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,664,382, approximately $613 per square foot. 123 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
Jul 26, 2003
Sold by
Schlussel Gershon David and Schlussel Sharon Sue
Bought by
Schlussel Gershon David
Current Estimated Value
$2,737,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Schlussel Gershon David and Schlussel Sharon Sue
Bought by
Schlussel Gershon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1998
Sold by
Schlussel Gershon David and Schlussel Sharon Sue
Bought by
Schlussel Gershon David

Purchase Details

Closed on
Jun 2, 1995
Sold by
Goldner Solomon and Goldner Gabriella
Bought by
Schlussel Gershom David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.88%
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
Schlussel Gershon David -- --
Schlussel Gershon David -- First American Title Co
Schlussel Gershon David -- --
Schlussel Gershom David $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schlussel Gershon David $322,700
Closed Schlussel Gershom David $464,000
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 $11,443 $930,288 $606,357 $323,931
2024 $11,443 $912,048 $594,468 $317,580
2023 $11,230 $894,165 $582,812 $311,353
2022 $10,721 $876,634 $571,385 $305,249
2021 $10,567 $859,446 $560,182 $299,264
2019 $10,255 $833,957 $543,568 $290,389
2018 $10,094 $817,606 $532,910 $284,696
2016 $9,617 $785,859 $512,217 $273,642
2015 $9,477 $774,056 $504,524 $269,532
2014 $9,511 $758,895 $494,642 $264,253
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

123 N Formosa Ave, Los Angeles, CA

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