NOT LISTED FOR SALE

525 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $935,000 - $2,234,000

3 Beds
2 Baths
1,604 Sq Ft
$1,037/Sq Ft Est. Value

About This Home

This home is located at 525 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $1,663,700, approximately $1,037 per square foot. 525 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
Jun 26, 2009
Sold by
Aspen Rony
Bought by
Sundance Properties Llc
Current Estimated Value
$1,663,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$266,002
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,397,698

Purchase Details

Closed on
Jun 25, 2009
Sold by
Sundance Properties Llc
Bought by
Aspen Rony and Aspen Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$266,002
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,397,698

Purchase Details

Closed on
May 30, 2007
Sold by
Aspen Rony
Bought by
Sundance Properties Llc

Purchase Details

Closed on
Nov 7, 2002
Sold by
Mcdonald David
Bought by
Aspen Rony and Aspen Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Mcdonald David
Bought by
Mcdonald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 1994
Sold by
Wayne Michael Howard
Bought by
Mcdonald David

Purchase Details

Closed on
Nov 17, 1994
Sold by
Greene Fred
Bought by
Mcdonald David

Purchase Details

Closed on
Nov 14, 1994
Sold by
Wayne Robert
Bought by
Mcdonald David

Purchase Details

Closed on
Nov 3, 1994
Sold by
Hirsch Marilyn
Bought by
Mcdonald David
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
Sundance Properties Llc -- None Available
Aspen Rony -- Nations Title Co
Sundance Properties Llc -- None Available
Aspen Rony $485,000 Equity Title
Mcdonald David -- New Century Title Company
Mcdonald David $12,000 Guardian Title Company
Mcdonald David $24,000 Guardian Title Company
Mcdonald David $12,000 Guardian Title Company
Mcdonald David $21,600 Guardian Title Company
Mcdonald David $146,400 Guardian Title Company
Mcdonald David $12,000 Guardian Title Company
Mcdonald David $12,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aspen Rony $417,000
Previous Owner Aspen Rony $400,000
Previous Owner Aspen Rony $166,000
Previous Owner Aspen Rony $388,000
Previous Owner Mcdonald David $275,000
Previous Owner Mcdonald David $185,000
Previous Owner Mcdonald David $27,000
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 $8,589 $702,419 $561,943 $140,476
2024 $8,589 $688,647 $550,925 $137,722
2023 $8,428 $675,145 $540,123 $135,022
2022 $8,044 $661,908 $529,533 $132,375
2021 $7,941 $648,930 $519,150 $129,780
2019 $7,707 $629,684 $503,752 $125,932
2018 $7,601 $617,338 $493,875 $123,463
2016 $7,266 $593,369 $474,699 $118,670
2015 $7,161 $584,457 $467,569 $116,888
2014 $7,190 $573,009 $458,410 $114,599
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

525 N Formosa Ave, Los Angeles, CA

This home is located at 525 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $1,663,700, approximately $1,037 per square foot. 525 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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