Diamond Bar Real Estate: August 2008

Friday, August 29, 2008

Diamond Bar Bank Owned Property with Pool $430,000

Bed:	4
Bath(F,T,H,Q):	1,1,1

Sqft: 1,893
Lot SF: 9,730
YrBuilt: 1965
Stories: Two Level

Description: BANK OWNED ENTERTAINER DELIGHT IN DIAMOND BAR! ONE OF THE FINEST LOCATIONS IN AREA! THIS SPACIOUS HOME HAS NEWER MAPLE KITCHEN CABINETRY WITH GRANITE COUNTERTOPS! BEAUTIFUL NEWER DUAL PANE WINDOWS AND SLIDING GLASS DOORS! LIGHT HARDWOOD TYPE LAMINATE FLOORS THRU-OUT KITCHEN, FORMAL DINING ROOM, LARGE LIVING ROOM AND FAMILY ROOM WITH FIREPLACE! BLOCK WALLS ON STREET SIDE OF THIS LARGE 9,730 SQ.FT. CORNER LOT WHICH HAS A PARK-LIKE BACK YARD WITH POOL AND COVERED PATIO! TWO CAR GARAGE WITH LAUNDRY AREA HAS DIRECT ACCESS INTO KITCHEN. ALL THIS PLUS... SELLER FINANCING AT BELOW MARKET RATE FOR QUALIFIED BUYERS.

Wednesday, August 27, 2008

Diamond Bar Short Sale House with Walnut School District $408,000

Bed:	3
Bath(F,T,H,Q):	2

Sqft: 1,448
Lot SF: 7,540
YrBuilt: 1963

Description: *****APPROVED SHORT SALE***** VERY NICE HOME IN QUIET DIAMOND BAR NEIGHBORHOOD ON A CUL-DE-SAC IN WALNUT SCHOOL DISTRICT. FEATURES 3 BEDROOMS AND TWO BATHROOMS, NICE LIVING ROOM WITH FIREPLACE, CENTRAL AIR CONDITIONING AND FORCED HEATING, MASTER BEDROOM HAS ITS OWN BATHROOM , VERY NICE AND OPEN KITCHEN NEXT TO DINING AREA. FRONT AND REAR SPRINKLERS. EASY FREEWAY ACCESS AND CLOSE TO ALL. THIS IS A SHORT SALE THAT IS APPROVED!!! NICE PRICE FOR THIS COMMUNITY.... HURRY BEFORE IT'S GONE!!!!!

Diamond Bar House with Excellent Walnut School District $799,000

Bed:	5
Bath(F,T,H,Q):	3

Sqft: 2,781
Lot SF: 11,880
YrBuilt: 1983
HOA: $47
Elem: Evergreen elementary
Midsch: Charpparal middle
Highsch: Diamond Bar High

Description: Beautiful 180 panoramic view home with tons of upgrades. enjoy the best view in the town. New marble flooring and expensive carpeting. new quality kitchen cabinets and granite countertop. remodeled kitchen and bathroom. plantation wood shutters. nice floor plan with 4 large bedroom plus huge bonus room which could be used as 5th bedroom. living space close to 3000sqft per original builder and owner. Walnut school district with evergreen elementary school. walking distance to Diamond Bar High School. close to Ronald Reagan park and starshine Park.

Tuesday, August 26, 2008

Diamond Bar Condo with Excellent Walnut School District $355,000

Bed:	3
Bath(F,T,H,Q):	2

Sqft: 1,038
Lot SF: 3,868
YrBuilt: 1973
HOA: $205

SchDist: Walnut Valley Unified
Elem: EVERGREEN Midsch: CHAPAREL / S. POINT Highsch: DIAMOND HIGH SCHOOL

Description: EXCELLENT PRIME LOCATION IN DIAMOND CREST TOWN HOME. WALNUT SCHOOLS, WALKING DISTANCE TO ELEM. AND DBHS. 3BED/1.5BATH,TWO STORY CONDO. LARGE 2 CAR GARAGE WITH ROLL-UP DOOR/ACCESS TO UNIT THROUGH PRIVATE LATTICE COVERED PATIO. OPEN FLOOR PLAN OFFERS BRIGHT AMBIANCE. GOOD SIZE KITCHEN WITH GRANITE COUNTER TOP AND NEW CABINETS. LAMINATE WOOD FLOORS THROUGHOUT. 3 BDRMS UPSTAIRS CONTAIN LARGE CLOSETS WITH MASTER HAVING IT'S OWN WALK-IN CLOSET. CONVENIENTLY LOCATED NEAR SHOPS, SCHOOLS, AND FREEWAYS.

Monday, August 25, 2008

Diamond Bar House with Walking Distance to School $565,000

Bed:	4
Bath(F,T,H,Q):	2

Sqft: 1,704
Lot SF: 6,699
YrBuilt: 1977
SchDist: Walnut Valley Unified

Description: PRIDE OF OWNERSHIP.TOTALLY REMODELED KITCHEN.CHERRYWOOD CABINETS,STAINLESS STEEL APPLIANCES & TILE FLOOR.REMODELED BATHROOMS.NEWER INTERIOR & EXTERIOR PAINT.2-TONE COLOR INTERIOR PAINT.ALL NEW INTEREIOR DOORS.FIREPLACE IN LIVING ROOM/DINING AREA.NEW CARPET & LAMINATION FLOORING. NEW A/C UNIT. TILE ROOF. SO MANY UPGRADES. DECENT SIZE BACKYARD WITH COVERED PATIO. DOUBLE DOOR. BRIGHT & AIRY. GREAT LANDSCAPING. GREAT CURB APPEAL. WALKING DISTANCE TO ELEMENTARY SCHOOL. GREAT NEIGHBORHOOD. CLOSE TO POST OFFICE, SHOPPING CENTERS, AND BANKS.

Friday, August 22, 2008

Diamond Bar Beautiful House For Sale $999,900

Bed:	4
Bath(F,T,H,Q):	2,1,1

Sqft: 3,164
Lot SF: 13,285
YrBuilt: 1996
HOA: $90
SchDist: Walnut Valley Unified

Description: Beautiful Former Model Home. Professional Landscaping with palm trees. Double door entry. 1Suite & Powder Room downstairs. Both living RM & Family RM have cathedral ceiling & fireplace. Custom designed drapery & curtains. Custom Marble floor in entry.hallway & kitchen. Huge kitchen w/island counter. Family RM has built-in book shelves. Master BR has double door, master bath has separate shower. bath tub & walk-in closet. Good size backyard w/coy pond /water fountain. 3 car attached garage. Walnut school district. Cul-De-Sac st.

Thursday, August 21, 2008

Diamond Bar Bank Owned Property with Pool $629,900

Bed:	4
Bath(F,T,H,Q):	3

Sqft: 2,203
Lot SF: 12,060
YrBuilt: 1968

Description: Spacious Single Family Pool Home in Nice Diamond Bar Neighborhood. Great 4 Bedroom Floorplan. Close to shopping and transportation. Bank Owned ( NOT A Short Sale ) Submit all offers with prequal letter and copy of deposit check.

Wednesday, August 20, 2008

Diamond Bar House with Swimming Pool $398,800

Bed: 4

Bath(F,T,H,Q): 2

Sqft: 1,425

Lot SF: 11,764

YrBuilt: 1964

Style: Contemporary

Stories: One Level

Description: NOT A SHORT SALE ! Property sits in Great Community!!! Excellent Pool Home....

Diamond Bar Single Level Townhouse $409,900

Bed:	3
Bath(F,T,H,Q):	2

Sqft: 1,574
Lot SF: 7,217

YrBuilt:	1980
Style:	Contemporary

HOA: $385

Description: Beautiful 3 Bedroom, 2 Full Bath, single level, end unit patio home with pool, tennis court, security gate and view. It has a 7,217 lot with all useable back and side yards. The view is visible from yard, kitchen, living room and 2 bedrooms. This home offers everything you could want but no exterior maintenance, pool care and more. The 2 car garage features extensive storage cupboards and closets plus convenient laundry area and a long drive way so visitors don't have to find a distant parking space. This one owner home has been well maintained and is in excellent working order. By appointment only until the end of June, then lockbox will be installed on front door. Call agent for appointment. . . Because of high association dues seller may negotiate compensation.

Tuesday, August 19, 2008

Diamond Bar Renovated House For Sale $419,000

Bed:	3
Bath(F,T,H,Q):	2

Sqft: 1,422
Lot SF: 8,340
YrBuilt: 1962

Description: Just renovated!!! MUST SEE!!!! New flooring, new counters, new appliances, ALL new double-pane windows and doors, newly scraped and textured ceilings, new landscaping, new irrigation system in the front yard, new paint, new hardware, newer roof, great low price! Enjoy a wonderfully laid out 4 bedroom home (1422 sq ft per assessor) with a large, VERY private backyard. Close to the 57 and 60 Frwys. This is the home your client has been holding out for!

Monday, August 18, 2008

Diamond Bar Townhouse For Sale $324,900

Bed:	3
Bath(F,T,H,Q):	2,0,1,

Sqft: 1,420
YrBuilt: 1986
HOA: $220/$32

Description: Lender Owned Bank Repo, hard to believe because this one is so nice. Townhouse style end unit with small yard ,wood deck and two car garage. Fireplace in living room and dining area and kitchen downstairs. Three bedrooms up with high ceilings in master. Upper level laundry is convenient, upgrades found with granite in bath counters and upgraded cabinets. Carpet to be cleaned and restreached, fairly nice quality beige don't miss it.

Thursday, August 14, 2008

Diamond Bar Short Sale Townhouse $290,000

Bed:	2
Bath(F,T,H,Q):	3,

Sqft: 1,215
Lot SF: 2,905
YrBuilt: 1982
HOA: $201

Description: SHORT SALE!!! Great Location - Close to Cal Poly & Freeways. BEST PRICE EVER!!! Two bedrooms upstairs with two full bathrooms. One half bath downstairs. Private patio. Fireplace. Super great floor plan with lots of privacy.

Diamond Bar City

Diamond Bar City History

Diamond Bar as with many Southern California communities, Diamond Bar's recorded history began with a Mexican land grant. On March 30, 1840, Governor Juan Alvarado deeded 4,340 acres, which included Brea Canyon and the eastern Walnut Valley, to Jose de la Luz Linares, who founded Rancho Los Nogales, or Ranch of the Walnut Trees. Linares died in 1847, and his widow sold a choice portion of the ranch to Ricardo Vejar for $100 in merchandise, 100 calves, and the assumption of her late husband's debts. Vejar already owned the Rancho San Jose to the east (now Pomona), and by acquiring the rest of Rancho Los Nogales over the next ten years, became the fifth wealthiest landowner in Los Angeles County, with over 10,000 acres.

A community icon...The Windmill can still be seen at the Diamond Bar Towne Center)

Unfortunately, Vejar's luck did not last. When the United States government took over California and resurveyed the old land grants, he ended up with only 464 acres. Then the great drought of the 1860's forced most of the area ranchers to borrow money to feed their cattle. Vejar had been trading with two Los Angeles merchants, Isaac Schlesinger and Hyman Tischler, and they loaned him $600 for supplies at an interest rate of eight percent per month. When the note, with compounded interest, was finally called in for over $28,000, Vejar couldn't pay, and his property passed to Schlesinger and Tischler in 1864.

The Rancho Los Nogales did not prosper under its new owners, and they were surrounded by hostile neighbors who remained loyal to Vejar. In 1866, they sold the ranch to Louis Phillips for $30,000, bringing his holdings to over 12,000 acres. Phillips sold a portion of the ranch to WiIliam Rubettom, who opened up a tavern and overland stage station for the Butterfield route near where the Orange Freeway (57) now crosses Pomona Boulevard. He called the community "Spadra," after his hometown in Arkansas, and this became the first named settlement in the Diamond Bar area.

In 1873, the Rancho Los Nogales was sold again, this time to Wilson Beach and George Butler. After that, the property became quite fragmented as parcels were sold off to many different owners. But in 1918, Frederich E. Lewis bought up most of the original Rancho Los Nogales again, and he registered the Brand of Diamond Bar with the California Department of Agriculture. Lewis sold the Diamond Bar Ranch to the Bartholome family in 1943, and they continued to raise cattle on it for the next thirteen years.

An aerial view of Diamond Bar in the 1970's ...

In 1956, the Diamond Bar Ranch looked much as it did in 1840, with its golden hills peppered by green stands of oak and walnut trees, and grazed by large herds of cattle. The changes of the previous century were nothing, however, compared to the plans that the Transamerica Corporation had for Diamond Bar. In that year, they paid $10,000,000 for 8,000 acres of Brea Canyon, and they master-planned a community that would eventually become home to some 50,000 people. The first model homes were built at the north end of town in 1960, and a development "boom" had begun that continues today.

Today's Diamond Bar is a young, upscale residential community of about 60,000, situated among the meandering hills and valleys of Brea Canyon. Located at the junction of the Orange (57) and Pomona (60) freeways, Diamond Bar is central to all of the Los Angeles basin. A twenty-five mile radius encompasses Pasadena, downtown Los Angeles, Long Beach, Irvine and Riverside. Inside that radius, can be found such attractions as Disneyland and Knott's Berry Farm, Anaheim and Dodger Stadiums, the theaters of Los Angeles' Civic Center, the Rose Bowl and the Coliseum, the Santa Anita and Los Alamitos race tracks, the Mt. Baldy ski slopes and all of the Orange County beaches. The Ontario International Airport is only twenty-five minutes away, giving Diamond Bar residents an attractive alternative to Los Angeles International Airport. A two-hour drive lands you beside the waters of Lake Arrowhead, or in the snowy mountains of Big Bear. Whether you prefer the hills and canyons in the city, the nearby mountains, the sun on the surf, or the desert, Diamond Bar places you at the center of the active Southern California life-style.

All desired services can be conveniently found in Diamond Bar's shopping and business centers. The Diamond Bar Golf Course has 18 beautiful and challenging holes, and the Los Angeles Royal Vista Golf Course is just down the road. Diamond Bar's parks offer residents more than 80 acres of recreational facilities. Mt. San Antonio College and California Polytechnic University, Pomona are located at the north edge of town, while California State University, Fullerton is just ten minutes to the south.

Diamond Bar, CA

Top 100 rank: N/A^C
Population: 59,700

Financial
	City stats	Best places avg.
Median family income (per year)	$84,173	$90,316
Family purchasing power (annual, cost-of-living adjusted)	$69,051	$82,867
Sales tax	8.30%	6.74%
State income tax rate (highest bracket)	9.30%^I	6.38%
State income tax rate (lowest bracket)	1.00%^I	2.74%
Auto insurance premiums (Average for the state)	$2,076	$2,121
Job growth % (2000-2006)	9.57%	13.41%
Housing
	City stats	Best places average
Median home price	$583,825	$359,352
Average property taxes (2006)	$3,730	$3,585


Education
	City stats	Best places average
Colleges, universities and professional schools (within 30 miles)	49	29
Junior colleges and technical institutes (within 30 miles)	55	18
Test scores reading (% above/below state average)	66.7%	20.1%
Test scores math (% above/below average)	52.0%	24.8%
% students attending public/private schools (located within town limits)	97.0/3.0	91.1/8.9
Quality of life
	City stats	Best places average
Air quality index* (% of days AQI ranked as good)	32.1%	77.3%
Personal crime incidents (per 1,000)	2	13
Property crime incidents (per 1,000)	15	206
Median commute time (in minutes)	30.7	23.1
% population with commute 45 mins. or longer	31.9%	15.6%
% population walk or bike to work	0.8%	2.7%

Health*
	City stats	Best places average
Has health plan (% of residents)	83.2%	90.5%
Body mass index (avg. for residents)	27	27
Diabetes rates (% of residents diagnosed)	7.3%	9.3%
Hypertension rates (% of residents diagnosed)	28.4%	30.6%
Elder-care facilities^**	263	107
Meet the neighbors
	City stats	Best places average
Median age	37.0	36.8
Completed at least some college (% of residents)	72.9%	72.4%
Married	58.6%	60.8%
Divorced	6.7%	8.0%
Racial diversity index (100 is national average; higher numbers indicate greater diversity)	428.6	59.2
Amount spent on vacations (domestic and foreign, household avg. per year)	$9,056	$8,250

*County data
**Elder-care services refer to skilled nursing and assisted living facilities. Data from Total Living Choices.
(C) Cities with populations greater than 50,000 were not eligible for this year's Best Places to Live list.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
For joint returns, the taxes are twice the tax imposed on half the income.
Tax credits.
An additional 1% tax is imposed on taxable income over $1 million

Estimated median household income in 2005: $78,800 (it was $68,871 in 2000)

Diamond Bar	$78,800
California:	$53,629

Estimated median house/condo value in 2005: $564,100 (it was $245,800 in 2000)

Diamond Bar	$564,100
California:	$477,700

Diamond Bar Real Estate