NOT LISTED FOR SALE

1256 N Formosa Ave Unit 1 West Hollywood, CA 90046

Estimated Value: $1,327,520 - $1,966,000

3 Beds
3 Baths
1,211 Sq Ft
$1,328/Sq Ft Est. Value

About This Home

This home is located at 1256 N Formosa Ave Unit 1, West Hollywood, CA 90046 and is currently estimated at $1,607,880, approximately $1,327 per square foot. 1256 N Formosa Ave Unit 1 is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2018
Sold by
Tran Stephanie A
Bought by
Phan Nhan Thanh
Current Estimated Value
$1,345,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2018
Sold by
Bansal Vikas
Bought by
Phan Paulina Tuyet Phuong and Phan Nhan Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Bansal Vikas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,388
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2008
Sold by
Marsh Don
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital 1 Inc Trust 2

Purchase Details

Closed on
Jul 27, 2006
Sold by
Banks Otis
Bought by
Marsh Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 3, 2003
Sold by
Davis Nicholas
Bought by
Banks Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.75%

Purchase Details

Closed on
Apr 28, 1997
Sold by
And M Desi Trust Desi George And Magda Trs G and Stojka Maria Tr Stojka Trust
Bought by
Davis Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Interest Rate
6.65%
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
Phan Nhan Thanh -- Lawyers Title Ins Co
Phan Paulina Tuyet Phuong $990,000 Lawyers Title Ins Co
Bansal Vikas $452,500 Landsafe Title
Deutsche Bank National Trust Co $637,500 Landsafe Title
Marsh Don $870,000 New Century Title Company La
Banks Otis $385,000 American Title Co
Davis Nicholas $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Paulina Tuyet Phuong $730,000
Closed Phan Nhan Thanh $742,500
Previous Owner Bansal Vikas $73,750
Previous Owner Bansal Vikas $440,000
Previous Owner Bansal Vikas $443,630
Previous Owner Bansal Vikas $446,388
Previous Owner Marsh Don $696,000
Previous Owner Banks Otis $525,000
Previous Owner Banks Otis $398,400
Previous Owner Banks Otis $346,500
Previous Owner Davis Nicholas $318,000
Previous Owner Davis Nicholas $81,250
Closed Banks Otis $19,000
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 $14,122 $1,104,357 $658,152 $446,205
2024 $14,122 $1,082,704 $645,248 $437,456
2023 $13,810 $1,061,476 $632,597 $428,879
2022 $13,077 $1,040,664 $620,194 $420,470
2021 $12,903 $1,020,260 $608,034 $412,226
2019 $12,552 $990,000 $590,000 $400,000
2018 $6,974 $513,337 $340,336 $173,001
2016 $6,711 $493,405 $327,121 $166,284
2015 $6,614 $485,995 $322,208 $163,787
2014 $6,859 $476,476 $315,897 $160,579
Source: Public Records

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