NOT LISTED FOR SALE

507 Falling Leaf Alley Monrovia, CA 91016

Estimated Value: $848,000 - $955,915

2 Beds
2.5 Baths
2,130 Sq Ft
$414/mo HOA Fee

Last Sold March 15, 2019

Last sale price $675,000 $317 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,893/month

71 Days on Market

Highlights

  • No Units Above
  • 0.37 Acre Lot
  • Property is near public transit
  • Monrovia High School Rated A
  • Fireplace in Primary Bedroom
  • 4-minute walk to Library Park

About This Home

As of March 2019

This is a modern tri level townhome that was built in 2008, and fully remodeled in 2016. It features a spacious floor plan with high ceilings, in the living room and dining area. It features an elegant kitchen with upgraded features, stainless steel appliances with custom lighting in the kitchen that illuminates the center island. The north wall of the Unit can accommodate a very large flat screen TV and the high ceilings will bring out quality sound to any sound system. The Master bedroom is spacious with a walk in closet. The master bath has a complete tub and separate shower. The 3rd floor has a enormous loft that can be used for a home office a gym or a bedroom. This Townhome is located minutes away from Old Town Monrovia, walk to various restaurants for fine dinning, movie theaters, shopping centers, library and multiple banking facilities. On Friday Monrovia main street has one of the best community farmers market with multiple venders for a great evening. Two secured side by side parking spots under ground entry with key fab.

Last Agent to Sell the Property

Carlos Luy

CALIFORNIA SERVICE REALTY License #01214053 Listed on: 12/02/2018

Last Buyer's Agent

Rainbow Yuen

Remax Omega Pasadena License #02052726

Remax Omega Pasadena

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,979

Year Built

  • Built in 2008

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,130 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 68 Units
  • Prime Association, Phone Number (800) 706-7838

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 63269
  • Assessor Parcel Number 8516023164

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,979

Year Built

Built in 2008

Lot Details

0

HOA Fees

$414 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPO/
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8516023164
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2130.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 316.90
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 414.00
  • Association Fee Frequency: Monthly
  • Association Name: Prime
  • Phone: 800-706-7838
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 15926.00
  • Lot Size Acres: 0.3656

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 15926.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4310.01
  • Tax Lot: 2
  • Tax Tract Number: 63269

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2018
Closed on
Feb 15, 2019
Sold by
Boyajian Khajak
Bought by
Peng Peter W
Seller's Agent
Carlos Luy
CALIFORNIA SERVICE REALTY
Buyer's Agent
Rainbow Yuen
Remax Omega Pasadena
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Current Estimated Value
$876,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,479
Avg. Annual Appreciation
4.05%
Original Mortgage
$420,000
Outstanding Balance
$368,502
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$507,977

Purchase Details

Closed on
Jan 22, 2016
Sold by
Pccp Monrovia Llc
Bought by
Boyajian Khajak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,150
Interest Rate
3.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peng Peter W $675,000 Stewart Title
Boyajian Khajak $579,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Peter W $420,000
Previous Owner Boyajian Khajak $492,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $675,000 -2.0% $317 / Sq Ft
01/15/2019 01/15/19 Price Changed $689,000 -0.9% $323 / Sq Ft
12/02/2018 12/02/18 For Sale $695,000 -- $326 / 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 $9,979 $752,970 $432,260 $320,710
2024 $9,979 $738,207 $423,785 $314,422
2023 $9,748 $723,733 $415,476 $308,257
2022 $9,463 $709,543 $407,330 $302,213
2021 $9,273 $695,632 $399,344 $296,288
2019 $751 $614,437 $337,357 $277,080
2018 $7,928 $602,391 $330,743 $271,648
2016 $4,354 $316,688 $86,189 $230,499
2015 $4,261 $311,932 $84,895 $227,037
2014 $4,221 $305,823 $83,233 $222,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18283917

California Regional Multiple Listing Service (CRMLS)

APN: 8516-023-164