NOT LISTED FOR SALE

540 N Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,961,000 - $3,088,000

3 Beds
5 Baths
1,929 Sq Ft
$1,263/Sq Ft Est. Value

About This Home

This home is located at 540 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,436,176, approximately $1,262 per square foot. 540 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
Oct 27, 2020
Sold by
Nissim Maya M
Bought by
Nissim Maya and Nissim Yitzhak
Current Estimated Value
$2,436,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Outstanding Balance
$528,888
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,964,928

Purchase Details

Closed on
Jan 4, 2010
Sold by
Nissim Yizhak V
Bought by
Nissim Maya M

Purchase Details

Closed on
Oct 5, 2009
Sold by
Stein Elissa and Estate Of Maureen Rosset
Bought by
Nissim Maya M

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
Interest Rate
4.78%
Mortgage Type
New Conventional
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
Nissim Maya -- Priority Title
Nissim Maya M -- Priority Title
Nissim Maya M -- Equity Title Los Angeles
Nissim Maya M $800,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nissim Maya M $593,000
Closed Nissim Maya M $580,000
Closed Mulayeva Maya Nissim $300,000
Closed Nissim Maya M $406,000
Closed Nissim Maya $147,900
Previous Owner Nissim Maya M $417,000
Previous Owner Rosset Maureen $0
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 $15,777 $1,298,991 $826,121 $472,870
2024 $15,777 $1,273,522 $809,923 $463,599
2023 $15,477 $1,248,552 $794,043 $454,509
2022 $14,766 $1,224,072 $778,474 $445,598
2021 $14,572 $1,200,071 $763,210 $436,861
2019 $14,138 $1,164,478 $740,574 $423,904
2018 $14,005 $1,141,646 $726,053 $415,593
2016 $13,374 $1,097,316 $697,860 $399,456
2015 $13,179 $1,080,834 $687,378 $393,456
2014 $13,223 $1,059,663 $673,914 $385,749
Source: Public Records

Map

California Los Angeles County Los Angeles 90036 Melrose

540 N Formosa Ave, Los Angeles, CA

This home is located at 540 N Formosa Ave, Los Angeles, CA 90036 and is currently estimated at $2,436,176, approximately $1,262 per square foot. 540 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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