NOT LISTED FOR SALE

345 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,624,000 - $1,938,000

3 Beds
2 Baths
1,872 Sq Ft
$949/Sq Ft Est. Value

About This Home

This home is located at 345 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $1,776,930, approximately $949 per square foot. 345 N Formosa Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2004
Sold by
Simons Ann M
Bought by
Simons Ann and Ann Simons Trust
Current Estimated Value
$1,776,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$107,794
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$1,669,136

Purchase Details

Closed on
Jun 3, 1999
Sold by
Simons Ann M
Bought by
Simons Ann M

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
6.9%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Simons Ann Margaret
Bought by
Simons Ann and Ann Simons Trust Agreement

Purchase Details

Closed on
Jan 30, 1995
Sold by
Lumer Jack M
Bought by
Simons Ann Margaret

Purchase Details

Closed on
Jan 28, 1995
Sold by
Lumer Jack M
Bought by
Lumer Jack and Jack & Sophie Lumer First Amended Inter
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
Simons Ann -- Fidelity National Title Co
Simons Ann M -- Progressive Title Company
Simons Ann -- --
Simons Ann Margaret -- --
Lumer Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Ann $230,000
Closed Simons Ann M $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 $1,976 $135,513 $69,351 $66,162
2024 $1,976 $132,857 $67,992 $64,865
2023 $1,949 $130,253 $66,659 $63,594
2022 $1,873 $127,700 $65,352 $62,348
2021 $1,839 $125,197 $64,071 $61,126
2019 $1,792 $121,486 $62,172 $59,314
2018 $1,682 $119,104 $60,953 $58,151
2016 $1,594 $114,481 $58,587 $55,894
2015 $1,574 $112,762 $57,707 $55,055
2014 $1,591 $110,554 $56,577 $53,977
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

345 N Formosa Ave, Los Angeles, CA

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