NOT LISTED FOR SALE

7194 W Formosa Fusion Ct Los Angeles, CA 90046

Melrose Neighborhood

Estimated Value: $1,284,000 - $1,752,000

3 Beds
3.5 Baths
1,586 Sq Ft
$898/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $995,000 $627 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,782/month

19 Days on Market

Highlights

  • Dining Room with Fireplace
  • Wood Flooring
  • 2 Car Attached Garage
  • Contemporary Architecture
  • No HOA
  • Views

About This Home

As of March 2017

A BRAND NEW SOPHISTICATED MODERN TRI-LEVEL SINGLE FAMILY RESIDENCE WITH 3 BEDROOMS AND 3.5 BATHROOMS. DIRECT ACCESS TO GARAGES WITH ELECTRIC VEHICLE CHARGING. LOCATED IN ONE OF LA'S HOTTEST NEIGHBORHOODS, JUST MOMENTS FROM MELROSE AND LA BREA. DESIGNER FINISHES INCLUDE HARDWOOD FLOORS, TILED BATHROOMS, TOP-TIER APPLIANCES AND FIXTURES BY BOSCH, GROHE AND KOHLER. LARGE WINDOWS AND TALL CEILINGS. TECHNOLOGY INCLUDES IN-CEILING SPEAKERS, PRE-WIRED FOR INTERNET, TV AND CABLE, AND SOLAR READY. CLEAN BURNING ETHANOL FIREPLACES IN EACH HOME. BEST AFFORDABLE NEW CONSTRUCTION IN TOWN! SMALL LOT SUBDIVISION MAINTENANCE AGREEMENT FEE OF $125 PER MONTH. PROJECT IS LOCATED ON A NEW STREET SO USE 806 N FORMOSA AVE TO FIND IN YOUR MAPS.

Last Agent to Sell the Property

Yitzy Pearson

Pearson Affiliated, Inc. License #01352485 Listed on: 01/02/2017

Last Buyer's Agent

Andrew R. Liberty

Compass License #01965696

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,813

Year Built

  • Built in 2016

Lot Details

  • 1,157 Sq Ft Lot
  • Property is zoned LAR3

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,586 Sq Ft Home
  • 3-Story Property
  • Dining Room with Fireplace
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5525-003-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,813

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1586
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 661.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5525-003-037
  • Geocode Override: No
  • Lot Size Area: 1157

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Brown Tifara and Chester Andrew
Bought by
Yeilding Scott and Hubbard Jeffrey
Current Estimated Value
$1,423,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$682,043
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$741,742

Purchase Details

Listed on
Jan 2, 2017
Closed on
Feb 24, 2017
Sold by
Formosa Zzmm Llc
Bought by
Brown Tifara and Wood Chester Andrew
Seller's Agent
Yitzy Pearson
Pearson Affiliated, Inc.
Buyer's Agent
Andrew R. Liberty
Compass
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$595,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yeilding Scott $1,150,000 Lawyers Title
Brown Tifara $995,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeilding Scott $765,000
Previous Owner Brown Tifara $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2017 03/02/17 Sold $995,000 -5.1% $627 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
01/16/2017 01/16/17 Price Changed $1,049,000 +5.4% $661 / Sq Ft
01/02/2017 01/02/17 For Sale $995,000 -- $627 / Sq Ft
Source: The MLS

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 $14,813 $1,244,793 $986,743 $258,050
2024 $14,813 $1,220,387 $967,396 $252,991
2023 $14,526 $1,196,459 $948,428 $248,031
2022 $13,846 $1,173,000 $929,832 $243,168
2021 $12,697 $1,066,838 $747,323 $319,515
2020 $12,830 $1,055,900 $739,661 $316,239
2019 $12,314 $1,035,197 $725,158 $310,039
2018 $12,272 $1,014,900 $710,940 $303,960
2016 $891 $73,408 $73,408 $0
Source: Public Records

Agents Affiliated with this Home

  • Yitzy Pearson

    Seller's Agent in 2017

    Yitzy Pearson

    Pearson Affiliated, Inc.

    (323) 892-8453

    1 in this area

    3 Total Sales

    Yitzy Pearson
    Section Image
  • Andrew R. Liberty

    Buyer's Agent in 2017

    Andrew R. Liberty

    Compass

    (310) 709-0581

    45 Total Sales

    Andrew R. Liberty
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-189242

The MLS

APN: 5525-003-037

California Los Angeles County Los Angeles 90046 Melrose

7194 W Formosa Fusion Ct, Los Angeles, CA

This home is located at 7194 W Formosa Fusion Ct, Los Angeles, CA 90046 since 02 January 2017 and is currently estimated at $1,423,785, approximately $897 per square foot. This property was built in 2016. 7194 W Formosa Fusion Ct 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes