NOT LISTED FOR SALE

538 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,591,612 - $2,187,000

4 Beds
3 Baths
-- Sq Ft
6,534 Sq Ft Lot

About This Home

This home is located at 538 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $1,835,903. 538 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
Dec 22, 1998
Sold by
Kushnir Yefim
Bought by
Hyam Melvin and Hyam Sally
Current Estimated Value
$1,835,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.66%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Hyam Melvin $422,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyam Melvin $977,000
Closed Hyam Melvin $700,000
Closed Hyam Melvin $657,900
Closed Hyam Melvin $636,150
Closed Hyam Melvin $530,000
Closed Hyam Melvin $300,000
Closed Hyam Melvin $264,000
Closed Hyam Melvin $281,000
Closed Hyam Melvin $250,000
Closed Hyam Melvin $270,000
Closed Chabad Housing Corp $1,300,000
Closed Hyam Melvin $250,000
Closed Hyam Melvin $338,000
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 $8,137 $662,335 $529,722 $132,613
2024 $8,137 $649,349 $519,336 $130,013
2023 $7,986 $636,617 $509,153 $127,464
2022 $7,624 $624,135 $499,170 $124,965
2021 $7,526 $611,898 $489,383 $122,515
2019 $7,305 $593,750 $474,868 $118,882
2018 $7,187 $582,108 $465,557 $116,551
2016 $6,871 $559,506 $447,480 $112,026
2015 $6,772 $551,103 $440,759 $110,344
2014 $6,801 $540,309 $432,126 $108,183
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

538 N Formosa Ave, Los Angeles, CA

This home is located at 538 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $1,835,903. 538 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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