NOT LISTED FOR SALE

501 Falling Leaf Aly Monrovia, CA 91016

Estimated Value: $764,000 - $926,000

2 Beds
3 Baths
1,600 Sq Ft
$370/mo HOA Fee

Last Sold November 06, 2021

Last sale price $688,888 $431 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,477/month

36 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • 0.37 Acre Lot
  • Monrovia High School Rated A
  • Peek-A-Boo Views
  • 4-minute walk to Library Park

About This Home

As of November 2021

LIVE IN COMFORT and STYLE. Welcome to this light and bright condo at The Colorado Commons located in the heart of Downtown Monrovia! Sunbathed in natural light in this modern 2 bedroom/ 3 bath multi-level condo with bonus loft. Leading up the stairs to the 2nd floor, you will find 2 bedrooms and 2 full baths. The master suite is spacious with high ceilings, a walk-in closet, and additional sliding mirror closet. The on-suite bath has granite counters, dual sinks, and a large shower tub. The 2nd bathroom is just past the side by side laundry closet. Leveling up to the 3rd floor you are greeted with towering high ceilings and a semi open kitchen with sleek granite countertops and rich wood cabinets. The ultra high ceilings continue throughout the living room and dining area with a private outdoor balcony, the perfect place to enjoy a glass of wine after a long day. The Bonus loft is just above, overlooking the living Room and dining area with ample space for an office or even 3rd bedroom conversion. Other amenities include a smart floor plan, Durable engineered wood floors, central air and heat, recessed lighting, dual-pane windows, a convenient display and a storage cubby. For gatherings and entertainment, the community offers an area with ample seating, a bubbling fountain, and gas BBQ grill. The underground parking is gated, well-lit and secured with two tandem assigned spaces, and multiple elevator access points. Why drive when you can just walk to nearby restaurants, bars, farmers markets, movie theatre , Liberty park, and Monrovia Metro Station! Colorado Commons homeowners association has an on-site groundskeeper that keeps the community looking fresh. With an extensive list of coverage and services included. Come have a tour today before this one is gone.

Last Agent to Sell the Property

John Chang

Moon Realty License #01917274 Listed on: 08/27/2021

Last Buyer's Agent

Chad Erickson

BHHS PERRIE MUNDY REALTY GROUP License #01966322

BHHS PERRIE MUNDY REALTY GROUP

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.37

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Interior Block Wall

Interior Spaces

  • 1,600 Sq Ft Home
  • Bar
  • Brick Wall or Ceiling
  • High Ceiling
  • Recessed Lighting
  • Living Room
  • Loft
  • Intercom
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Living Room Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 63269
  • Assessor Parcel Number 8516023161
  • $444 per year additional tax assessments

Community Details

Overview

  • 68 Units
  • Colorado Commons Association, Phone Number (626) 899-4443
  • Josef Kanapi HOA
  • Maintained Community
  • Near a National Forest

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Park
  • Dog Park
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$370 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPO/
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8516023161
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Brick Walls, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 430.56
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Mountain(s), Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Private, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater, Water Purifier
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 105
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Earthquake Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Weight Limit, Management, Security
  • Association Fee: 370.30
  • Association Fee Frequency: Monthly
  • Association Name: Colorado Commons
  • Phone: 626-899-4443
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Gutters, Park, Suburban
  • Association Management: Josef Kanapi

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15926.00
  • Lot Size Acres: 0.3656

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15926.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 68

Tax Info

  • Tax Census Tract: 4310.01
  • Tax Lot: 1
  • Tax Tract Number: 63269
  • TaxOtherAnnualAssessmentAmount: 444.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2015
Sold by
Pccp Monrovia Llc
Bought by
Yu Morgan
Current Estimated Value
$814,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Morgan $479,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Morgan $229,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2021 11/06/21 Sold $688,888 +3.0% $431 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $668,888 -2.9% $418 / Sq Ft
09/21/2021 09/21/21 Price Changed $688,888 -2.7% $431 / Sq Ft
08/27/2021 08/27/21 For Sale $708,000 -- $443 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,895 $731,065 $462,580 $268,485
2024 $9,664 $716,731 $453,510 $263,221
2023 $9,440 $702,678 $444,618 $258,060
2022 $9,163 $688,900 $435,900 $253,000
2021 $7,067 $523,852 $286,533 $237,319
2019 $6,728 $508,316 $278,035 $230,281
2018 $6,603 $498,350 $272,584 $225,766
2016 $6,346 $479,000 $262,000 $217,000
2015 $3,524 $254,252 $63,771 $190,481
2014 $3,492 $249,272 $62,522 $186,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21181408

California Regional Multiple Listing Service (CRMLS)

APN: 8516-023-161