NOT LISTED FOR SALE

425 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $3,929,353 - $5,876,000

8 Beds
9 Baths
7,331 Sq Ft
$628/Sq Ft Est. Value

About This Home

This home is located at 425 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $4,602,088, approximately $627 per square foot. 425 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
Aug 3, 2018
Sold by
Wolmark Zevi
Bought by
Wolmark Zevi and Wolmark Diana
Current Estimated Value
$4,602,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Outstanding Balance
$389,938
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,212,150

Purchase Details

Closed on
Nov 26, 2014
Sold by
Wolmark Zevi
Bought by
Wolmark Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,147,716
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$3,454,372

Purchase Details

Closed on
Jun 14, 2013
Sold by
Wolmark Zevi
Bought by
Wolmark Zevi and Wolmark Diana

Purchase Details

Closed on
Mar 7, 2011
Sold by
Bess Chaim and Bess Deidre F
Bought by
Wolmark Zevi and Wolmark Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2001
Sold by
Silverman Ina Ruth and Rhodes Rinah Mae
Bought by
Bess Chaim

Purchase Details

Closed on
Apr 12, 2001
Sold by
Silverman Ian Ruth and Rhoades Rinah Mae
Bought by
Silverman Ina Ruth

Purchase Details

Closed on
Oct 18, 1995
Sold by
Silverman Mollie
Bought by
Silverman Mollie
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
Wolmark Zevi -- Pacific Coast Title
Wolmark Family Trust -- Accommodation
Wolmark Zevi -- North American Title Company
Wolmark Zevi -- None Available
Wolmark Zevi $1,950,000 North American Title Company
Bess Chaim $530,000 First American Title Co
Silverman Ina Ruth -- --
Silverman Mollie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolmark Zevi $449,000
Open Wolmark Zevi $1,500,000
Closed Wolmark Zevi $1,462,500
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 $30,136 $2,498,286 $1,921,762 $576,524
2024 $30,136 $2,449,301 $1,884,081 $565,220
2023 $29,557 $2,401,277 $1,847,139 $554,138
2022 $28,187 $2,354,194 $1,810,921 $543,273
2021 $27,814 $2,308,034 $1,775,413 $532,621
2019 $26,981 $2,239,578 $1,722,754 $516,824
2018 $26,832 $2,195,666 $1,688,975 $506,691
2016 $25,614 $2,110,407 $1,623,391 $487,016
2015 $25,239 $2,078,708 $1,599,007 $479,701
2014 $25,808 $2,078,749 $1,599,038 $479,711
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

425 N Formosa Ave, Los Angeles, CA

This home is located at 425 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $4,602,088, approximately $627 per square foot. 425 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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