NOT LISTED FOR SALE

505 Falling Leaf Aly Monrovia, CA 91016

Monrovia Area

Estimated Value: $563,000 - $633,000

1 Bed
1 Bath
880 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: August 14, 2025

Last sale price $600,000 $682 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,210 / mo

6 Days on Market

Highlights

  • 0.37 Acre Lot
  • Contemporary Architecture
  • High Ceiling
  • Open Floorplan
  • Property is near park
  • Granite Countertops

About This Home

As of August 2025

WELCOME TO COLORADO COMMONS, SWANKY ACCOMMODATIONS DOWN TOWN “OLD TOWN MONROVIA”. LOCATION, LOCATION! STEPS AWAY FROM THE MOVIE THEATRE, SHOPS, CAFES, BARS, RESTAURANTS, PARKS, AND THE FAMOUS MONROVIA LIBRARY. FEATURING: 1 BED, 1 BATH, 880 SQ FT, 2 CAR SUBTERRANEAN PARKING, BUILT IN 2008; THIS MODERN BEAUTY BOAST OVERSIZED MASTER SUITE WITH WALK IN CLOSET AND SEATING AREA; VAULTED CEILINGS THROUGH OUT WITH LARGE DEDICATED LAUNDRY OFF THE KITCHEN; OPEN CONCEPT DESIGN WITH THE HIGH CEILINGS GIVES THIS SINGLE, GROUND FLOOR TOWNHOME A LARGER APPEARANCE; KITCHEN AND BATHROOM HAVE GRANITE COUNTER TOPS AND HARDWOOD CABINETS; MODERN ENGINEERED HARDWOOD FLOORS THROUGHOUT. WHAT I LOVE ABOUT THE COLORADO COMMONS IS THE BEAUTIFUL OUTDOOR AREAS WITH BUILT-IN BARBECUE, THE GROUNDS ARE KEPT BEAUTIFULLY, ALONG WITH THE SECURITY GATE FOR PARKING; DON'T MISS THIS FINE OPPORTUNITY TO OWN IN ONE OF THE MOST DESIRABLE LOCATIONS IN THE SAN GABRIEL VALLEY, OLD TOWN MONROVIA. ACCESSIBLE TO THE GOLD LINE FOR COMMUTERS.

Last Agent to Sell the Property

Nicola Speranta

Compass Brokerage Phone: 626-253-6746 License #01274694 Listed on: 07/09/2025

Compass

Last Buyer's Agent

David Kazarian

HouseIQ License #01501289

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Brick Fence
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Blinds
  • Window Screens
  • Living Room
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessibility Features
  • Accessible Parking

Utilities

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

Additional Features

  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63269
  • Assessor Parcel Number 8516023163
  • $416 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 68 Units
  • Colorado Commons Association, Phone Number (626) 778-1469
  • Seraph Property Managment HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.37 Acres

HOA Fees

$410 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: No
  • Zoning: MPO/
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8516023163
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 880.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Customized Wheelchair Accessible, Disability Features, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 681.82
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Walk-In Closet
  • Window Features: Blinds, Screens
  • Bathroom Features: Double Sinks In Bath(s), Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Brick Veneer, Cement Siding, Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Parking Space, Structure, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Pest Control, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pets Permitted, Weight Limit, Call for Rules, Management, Hot Water, Maintenance Front Yard
  • Association Fee: 410.38
  • Association Fee Frequency: Monthly
  • Association Name: Colorado Commons
  • Phone: 626 778-1469
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Seraph Property Managment

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Paved, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Walkstreet
  • Lot Size Sq Ft: 15931.00
  • Lot Size Acres: 0.3657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15931.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4310.04
  • Tax Lot: 1
  • Tax Tract Number: 63269
  • TaxOtherAnnualAssessmentAmount: 416.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 24, 2025
Sold by
Bought by
Seller's Agent
Nicola Speranta
Compass
Buyer's Agent
David Kazarian
HouseIQ
List Price
$568,000
Sold Price
$600,000
Premium/Discount to List
$32,000
5.63%
Views
58
Current Estimated Value
$595,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,721
Avg. Annual Appreciation
-0.81%
Original Mortgage
$464,000
Outstanding Balance
$459,410
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$135,869

Purchase Details

Closed on
Mar 3, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Monrovia, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Lawyers Title Company
-- None Listed On Document
$389,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $464,000
Previous Owner $45,000
Previous Owner $367,327
Previous Owner $25,000
Previous Owner $349,326
Previous Owner $350,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 Sold $600,000 +5.6% $682 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $568,000 -- $645 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,264 $460,490 $266,706 $193,784
2024 $6,120 $451,462 $261,477 $189,985
2023 $5,977 $442,610 $256,350 $186,260
2022 $5,801 $433,932 $251,324 $182,608
2021 $5,687 $425,425 $246,397 $179,028
2019 $5,413 $412,809 $239,090 $173,719
2018 $5,308 $404,715 $234,402 $170,313
2016 $5,105 $389,000 $225,300 $163,700
2015 $2,448 $169,870 $35,073 $134,797
2014 $2,428 $166,543 $34,386 $132,157
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25153647

California Regional Multiple Listing Service (CRMLS)

APN: 8516-023-163

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