NOT LISTED FOR SALE

7199 Formosa Fusion Ct Los Angeles, CA 90046

Melrose Neighborhood

Estimated Value: $1,334,000 - $1,794,000

3 Beds
3.5 Baths
1,992 Sq Ft
$787/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $1,250,000 $628 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,682/month

15 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Balcony
  • Contemporary Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of July 2018

This modern, tri-level single family residence is front facing with large windows that allow the natural sunlight to shine through brightly. It is located within walking distance to LA's finest dining and shopping with a walk score of 96/100. This chic home features 3 beds and 3.5 gorgeous baths as well as a gourmet kitchen with high end appliances that opens to the family room. It is sure to inspire fabulous nights of entertaining. You will enjoy dining alfresco on the 2nd floor patio as well as the 1st floor large veranda. The high end designer touches include hardwood floors, tiled bathrooms, custom closets and pantry as well as window treatments. Technology features include in-ceiling speakers, pre-wire for internet, TV and cable and is solar ready. Direct access 2 car garage w/ EV charger. Small lot subdivision maintenance agreement fee of $125 per month. This project features guest parking and community trash pick up. Total square footage is 1,992 including decks and garage.

Last Agent to Sell the Property

Melissa Ryan

Coldwell Banker Realty License #01160269 Listed on: 05/31/2018

Coldwell Banker Realty

Co-Listed By

Yitzy Pearson

Pearson Affiliated, Inc. License #01352485

Last Buyer's Agent

Sean Goodman

Douglas Elliman License #02009849

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,508

Year Built

  • Built in 2016

Lot Details

  • 1,697 Sq Ft Lot
  • Property is zoned LAR3

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Custom Window Coverings
  • Alarm System
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5525-003-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,508

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: 1992
  • Probate: No
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Laundry Closet Stacked, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 627.51
  • Windows: Custom Window Covering, Double Pane Windows

Exterior Features

  • Construction: Aluminum Siding
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Balcony, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5525-003-032
  • Geocode Override: Yes
  • Lot Size Area: 1697

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jun 26, 2018
Sold by
Crecelius Thomas W and Crecelius Lauren Ross
Bought by
Harris Johanna
Seller's Agent
Melissa Ryan
Coldwell Banker Realty
Buyer's Agent
Sean Goodman
Douglas Elliman
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,566,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,802
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
May 31, 2018
Closed on
Jun 25, 2018
Sold by
Harris Jeffrey E
Bought by
Harris Johanna
Seller's Agent
Melissa Ryan
Coldwell Banker Realty
Buyer's Agent
Sean Goodman
Douglas Elliman
List Price
$1,250,000
Sold Price
$1,250,000

Purchase Details

Listed on
Jun 30, 2016
Closed on
Jun 29, 2016
Sold by
Formosa Zzmm Llc
Bought by
Crecelius Thomas W and Crecelius Lauren Rose
Seller's Agent
Yitzy Pearson
Pearson Affiliated, Inc.
Buyer's Agent
Melissa Ryan
Coldwell Banker Realty
List Price
$1,159,000
Sold Price
$1,159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$829,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Harris Johanna $1,250,000 Equity Title
Harris Johanna -- Equity Title
Crecelius Thomas W $1,159,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crecelius Thomas W $829,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2018 07/02/18 Sold $1,250,000 0.0% $628 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $1,250,000 +7.9% $628 / Sq Ft
08/30/2016 08/30/16 For Sale $1,159,000 0.0% --
06/30/2016 06/30/16 Sold $1,159,000 -- -- View Prior Sale
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 $16,508 $1,394,393 $976,076 $418,317
2024 $16,508 $1,367,053 $956,938 $410,115
2023 $16,186 $1,340,249 $938,175 $402,074
2022 $15,427 $1,313,971 $919,780 $394,191
2021 $15,236 $1,288,208 $901,746 $386,462
2019 $14,773 $1,250,000 $875,000 $375,000
2018 $14,279 $1,182,180 $827,220 $354,960
2017 $13,844 $1,159,000 $811,000 $348,000
2016 $1,378 $114,260 $114,260 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Ryan

    Seller's Agent in 2018

    Melissa Ryan

    Coldwell Banker Realty

    (310) 993-8319

    46 Total Sales

    Melissa Ryan
    Section Image
  • Yitzy Pearson

    Seller Co-Listing Agent in 2018

    Yitzy Pearson

    Pearson Affiliated, Inc.

    (323) 892-8453

    1 in this area

    3 Total Sales

    Yitzy Pearson
    Section Image

  • S

    Buyer's Agent in 2018

    Sean Goodman

    Douglas Elliman

    (323) 244-1394

    15 Total Sales

    Sean Goodman
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-349930

The MLS

APN: 5525-003-032

California Los Angeles County Los Angeles 90046 Melrose

7199 Formosa Fusion Ct, Los Angeles, CA

This home is located at 7199 Formosa Fusion Ct, Los Angeles, CA 90046 since 31 May 2018 and is currently estimated at $1,566,802, approximately $786 per square foot. This property was built in 2016. 7199 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.

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