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525 Falling Leaf Alley

525 Falling Leaf Alley, Monrovia, CA 91016
Property in Monrovia
Sold Apr 16, 2015
$559,000
$279,000 by East West Bank
Mortgage Due Oct 19, 2035
Local assessors in Monrovia, CA have categorized 525 Falling Leaf Alley as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 15,856 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 525 Falling Leaf Alley has a total of 2,130 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 525 Falling Leaf Alley was last sold in Apr 13, 2015 for $559,000. According to our calculations, that's $262.44 per sqft. Current property owners are expected to pay $8,499 in taxes per year. The property on 525 Falling Leaf Alley was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $645,738. To break that down further, the land itself was valued at $347,013. While improvements to the property were assessed at a total of $298,725. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,856
  • Total Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 63269
  • Land Acres: 0.364
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=63269 LOT 2 PHASE 1 CONDO UNIT 13 (AIRSPACE AND 1/18 INT IN COMMON AREA)

Ownership

  • Current Owner : MAN LO FUNG
  • Previous Owner : PCCP MONROVIA LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monrovia Unified School District
  • Census Tract: 431004

Zoning

  • Zoning: MPO/

Geography

  • Subdivision Tract Number: 63269
  • Parcel: 8516-023-120
  • Lot: 2
  • Municipality: EAST /ARC/TC/EL MONTE
  • Latitude: 34.1462
  • Longitude: -118.002

    Address

  • Full Address: 525 Falling Leaf Aly
  • Address - House Number: 525
  • Address - Street Name: Falling Leaf
  • Address - Suffix Type: Aly
  • State: CA
  • City Name: Monrovia
  • Carrier Code: C020
  • 4-Digit Zip Code: 4524
  • Zip Code: 91016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,499
  • Tax Rate Code Area: 06-252

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 889,774
  • High Value: 1,088,309
  • Low Value: 691,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $279,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 19, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,738
  • Assessed Land Value: $347,013
  • Assessed Improvements Value: $298,725

    Sales

  • Current Sale Contract Date: Apr 13, 2015
  • Current Sale Recording Date: Apr 16, 2015
  • Current Sale Transaction ID: 1021165322
  • Current Sale Price: $559,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0425679

About Monrovia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 525 Falling Leaf Alley located in?
The 525 Falling Leaf Alley is a located in the neighborhood of Monrovia in Monrovia, Monrovia.
What is the average sales price for listings in 525 Falling Leaf Alley?
The average sales price for units in 525 Falling Leaf Alley is $0 currently.

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