Diamond Bar Real Estate: March 2009

Tuesday, March 31, 2009

Diamond Bar House with Walnut School District $699,000

Bed: 5
Bath(F,T,H,Q): 3
Sqft: 3,002
Lot SF: 9,674
YrBuilt: 1987
Style: Contemporary

Description: Beautiful home in desirable s.pointe area. walk to schools in walnut school district. Great floor plan with 5 large bedrooms and huge living room and family room. 1 bedroom and 1 bath downstairs. Big kitchen and laundry room.Largest model well kept by original owner. updated kitchen with newer cabinets and granite counter tops. Double fireplaces. professional landscaping with good size for putting pool. Red brick decorated outlooking. awesome curb appeal. Not A SHORT SALE!

Diamond Bar Bank Owned Property $549,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,431
Lot SF: 7,740
YrBuilt: 1968
Style: Contemporary
SchDist: Walnut Valley Unified

Description: Here's a great opportunity to own in Diamond Bar. Buy as an investment or as a place to live. Lots of room in this large multi-story pool home with everything discerning buyers want. Plenty of maple cabinets in convenient U-shaped kitchen. Huge breakfast nook and dining room with wet bar. Large family area with laminate flooring. Family room exits to balcony and raised deck overlooking pool. Upper level features big living room and master suite. Lower level has three large bedrooms and exits to rear patio and pool. Inside laundry room. Large three-car garage with work/hobby area. Almost new A/C, vinyl windows and patio doors. Great location in well-maintained south Diamond Bar neighborhood just minutes from schools, shopping, and freeways. Served by Walnut School District.

Sunday, March 29, 2009

Diamond Bar Bank Owned Property $639,900

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,334
Lot SF: 15,330
YrBuilt: 1977
Stories: Two Level

Description: BEAUTIFUL TWO STORY SINGLE FAMILY HOME. THIS HOME FEATURES 4 BEDROOMS AND 3 BATH. SPACIOUS LIVING AND FAMILY ROOM. 2 CAR ATTACHED GARAGE. INCREDIBLE VIEW. FRESHLY PAINTED INTERIOR, NEW SOD IN FRONT YARD, HUGE BONUS/RECREATION ROOM UPSTAIRS, NEW CARPET, AS WELL AS SEVERAL OTHER UPGRADES. REHAB WORK JUST COMPLETED.

Saturday, March 28, 2009

Diamond Bar Nice Single House For Sale $415,000

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

Sqft: 1,412
Lot SF: 7,550
YrBuilt: 1965

Description: Beautiful home, Move-in condition, Lots of upgrades and new appliances, Onyx bathrooms wall with sky lights-This is a standard sale but with a short sale price. No hassle of fixing or cleaning. Show well. Motivated seller.

Thursday, March 26, 2009

Diamond Bar Single House For Sale $565,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,235
Lot SF: 10,000
YrBuilt: 1977
Stories: Two Level

Description: Beautiful spacious family home. Newer tile roof, upgraded tile floor in entry, hall and kitchen. Kitchen cabinets were also upgraded about 8 years ago. Bedroom and bath downstairs.Master has double sink with mirrored doors on walkin closet. Newer patio cover which covers the entire back of the home. Formal dining room, New windows thru out which are cooler in summer and warmer in winter and also very quiet. Spacious family room with wet bar. 3 car garage with roll up doors and auto opener. Owner just finished front yard landscaping. Looks great! Nice curb appeal. If this home is in your clients price range you should really show it. Also, master bedroom has double sink and walkin closet with mirrored sliding doors. This is a very good home. Thanks for showing. Standard sale!!!

Wednesday, March 25, 2009

Diamond Bar House with Walking Distance to School $638,888

Bed: 5
Bath(F,T,H,Q): 3
Sqft: 2,447
Lot SF: 7,314
YrBuilt: 1971
Stories: Two Level
SchDist: Walnut Valley Unified

Description: WALK TO AWARD WINNING BLUE RIBBON CHAPARRAL JR. HIGH & MAPLE HILL ELEMENTARY SCHOOLS * THIS WONDERFUL LIGHT-FILLED HOME SITS ON A CUL-DE-SAC * PRIDE OF OWNERSHIP INSIDE & OUT * ORIGINAL OWNERS * NEW KITCHEN CABINETS WITH GRANITE COUNTERTOPS * LRG ADJOINING GREAT ROOM WITH A GRANITE BAR * PLANTATION SHUTTERS COVER THE NATURAL BRIGHT LIGHT FROM THE SLIDDING DOORS & WINDOWS * NEW INSIDE PAINT & CARPET, SOME NEW PAINT OUTSIDE * 1 BEDROOM & NEW BATH DOWNSTAIRS * FORMAL LIVING RM HAS A FIREPLACE * ELEGANT FORMAL DINING RM * THE PRIVATE MASTER SUITE HAS 2 CLOSETS & 3 OTHER BEDROOMS UPSTAIRS * METICULOUS BACK YARD HAS A VIEW & 12 MATURE FRUITE TREES * Tangelo, Avocado, Philippine Mango, Pomegranate, Lemon, Japanese Pear, Asian Apple, Peach, Cherry, Cherimoya, Kefir Lime & Plum * HARD TO FIND “LAGUNA” FLOOR PLAN * 5 BEDROOMS * EZ TO SHOW * Plz see agent remarks below * MUST SEE INSIDE THIS TURNKEY HOME * SELLER CAN CLOSE FAST IF NEEDED *

Diamond Bar Bank Owned Property with Mountain View $460,000

Bed: 4
Bath(F,T,H,Q): 2
Sqft: 1,784
Lot SF: 10,385
YrBuilt: 1985

Description: Beautiful Home with upgrade. MUST SEE. Quiet neighborhood. Near Elementary,Middle,High and College. You can walk to the park.

Monday, March 23, 2009

Diamond Bar Two Level House with Walnut School District $620,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,716
Lot SF: 6,630
YrBuilt: 1971
Stories: Two Level
SchDist: Walnut Valley Unified

Description: Lovely 4 Bedroom, 3 Bathroom two story home located in the beautiful hills of Diamond Bar. New flooring in kitchen and family room. New air conditioner and heater. Newer windows throughout the house. Two fireplaces featured in the family room and living room. Additional family room is permitted and a great place for all your family gatherings.

Sunday, March 22, 2009

Diamond Bar Two Level House For Sale $850,000

Bed: 5
Bath(F,T,H,Q): 4
Sqft: 3,228
Lot SF: 9,121
YrBuilt: 1998
HOA: $97
Stories: Two Level
SchDist: Walnut Valley Unified

Description: Beautiful newer home in the private gated Diamond Canyon community. Excellent Walnut school District. Futures includes formal living room with dramatic vaulted ceiling, charming formal dining room, 1 bedroom and 1 bath downstairs, large kitchen with one bonus kitchen area with extra stove. Hardwood flooring throughout the house. Open loft upstairs could be used as extra bedroom or workroom. 2 suites upstairs included Mater suite with dual walk in closet, and large bathtub. 2 Car garage wit direct access. Large flat backyard. Close to schools, shopping and easy freeway access.

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