NOT LISTED FOR SALE

156 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,388,000 - $2,882,000

3 Beds
2 Baths
1,858 Sq Ft
$1,426/Sq Ft Est. Value

About This Home

This home is located at 156 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,649,872, approximately $1,426 per square foot. 156 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 3, 2024
Sold by
Mandelbaum Shemaya and Chana Dvorah
Bought by
Mandelbaum Family Trust and Mandelbaum
Current Estimated Value
$2,649,872

Purchase Details

Closed on
Jul 2, 1997
Sold by
Freedman Neil
Bought by
Mandelbaum Shemaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.93%
Mortgage Type
Balloon
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
Mandelbaum Family Trust -- None Listed On Document
Mandelbaum Shemaya -- None Listed On Document
Mandelbaum Shemaya $328,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandelbaum Shemaya $246,000
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 $10,018 $819,096 $378,261 $440,835
2024 $10,018 $803,037 $370,845 $432,192
2023 $9,830 $787,292 $363,574 $423,718
2022 $9,383 $771,856 $356,446 $415,410
2021 $9,247 $756,722 $349,457 $407,265
2019 $8,973 $734,279 $339,093 $395,186
2018 $8,884 $719,883 $332,445 $387,438
2016 $8,464 $691,932 $319,537 $372,395
2015 $8,341 $681,540 $314,738 $366,802
2014 $8,372 $668,190 $308,573 $359,617
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

156 N Formosa Ave, Los Angeles, CA

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