NOT LISTED FOR SALE

126 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,878,000 - $3,744,000

3 Beds
2 Baths
2,012 Sq Ft
$1,315/Sq Ft Est. Value

About This Home

This home is located at 126 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,646,212, approximately $1,315 per square foot. 126 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
Feb 10, 2017
Sold by
Nachimson Irwin
Bought by
Nachimson Irwin and Nachimson Sharon
Current Estimated Value
$2,646,212

Purchase Details

Closed on
Jun 23, 1999
Sold by
Shane Judith Trs Shane Trust
Bought by
Nachimson Irwin and Nachimson Sharon

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
Outstanding Balance
$64,288
Interest Rate
7.24%
Estimated Equity
$2,581,924
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
Nachimson Irwin -- None Available
Nachimson Irwin -- None Available
Nachimson Irwin $487,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nachimson Irwin $240,000
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 $13,310 $1,095,654 $565,907 $529,747
2024 $13,310 $1,074,171 $554,811 $519,360
2023 $13,058 $1,053,110 $543,933 $509,177
2022 $12,459 $1,032,462 $533,268 $499,194
2021 $12,290 $1,012,218 $522,812 $489,406
2020 $12,411 $1,001,840 $517,452 $484,388
2019 $11,924 $982,197 $507,306 $474,891
2018 $10,836 $885,066 $497,359 $387,707
2016 $10,339 $850,699 $478,047 $372,652
2015 $10,188 $837,922 $470,867 $367,055
2014 $10,223 $821,509 $461,644 $359,865
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

126 N Formosa Ave, Los Angeles, CA

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