Diamond Bar Real Estate: October 2008

Friday, October 31, 2008

Diamond Bar Two Level House $599,900

Bed:	4
Bath(F,T,H,Q):	2,0,1

Sqft: 2,268
Lot SF: 6,510
YrBuilt: 1974

Description: Beautiful two story home, secluded back yard with sparkling pool with exterior shower, spa and patio designed for entertaining and relaxation. Was built as a 4 bedroom, third bedroom is Jack and Jill with partition that can seperate the room making it a 4 bedroom home---- or one huge bedroom. Master bedroom with fireplace, dressing area and great closet space. This is not a short sale, not an REO, it is a traditional sale. The house is like new and reflects pride of ownership in every room. R.V.Parking on the west side, don't foreget to lcheck out that very important feature.

Diamond Bar View Home with Pool $559,000

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

Sqft: 2,192
Lot SF: 8,170
YrBuilt: 1975
Stories: Two Level

Description: This lovely and elegant home has 4 bedrooms and 3 bathrooms, has 2,192 Sq. ft of living space, and sits on a 8,168 sq ft lot. The kitchen is a chef's dream, with a large open cooking area, granite counter-top, and a view to the magnificant pool. The bedrooms are all upstairs with the master bedroom and master bathroom fit for a king and queen. The master bedroom has an entryway to the balcony that has a nice view of the Diamond Bar Golf Course. The sparkling pool has an attached jacuzzi ready for the pool party. Outside this home has a nicely designed covered Bar-B-Que patio for sumertime entertainment. Hardwood flooring as a nice touch of elegance to this home. This home is pride of ownership and ready to move in and enjoy.

Diamond Bar House with Nice View $519,900

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

Sqft: 2,100
Lot SF: 8,400/
YrBuilt: 1967

Description: BEAUTIFUL REMODELED 2 STORY 3 BEDROOM 3 BATH HOME WITH BONUS ROOM 1,908 SQFT. DRAMATIC OPEN STAIRCASE OVER ENTRY, LIVING ROOM WITH FIREPLACE. VOLUME CEILINGS, LARGE BACKYARD WITH VIEW. LOT SIZE IS 8,400 SQFT. LOCATED ON CORNER LOT OF CUL-DE-SAC. CLOSE TO PARKS AND SCHOOLS.

Wednesday, October 29, 2008

Diamond Bar Two Level REO Property $525,000

Bed: 5
Bath(F,T,H,Q): 2
Sqft: 1,753
Lot SF: 8,150
YrBuilt: 1965
SchDist: Walnut Valley Unified

Description: REO Property, This 5bdrm/2bath home is located near Walnut Award Winning Schools. Situtated on huge lot with large pool and terrace style back yard. In the process of being rehabed will sell with new paint, new carpet, wood floors, new sliding doors, new aplliances. Property in the process of being remodeled, should be comleted mid November, please submit offer subect to interior inspection, please include proof of funds, proof of income, deposit must be at least $8,000.00

Tuesday, October 28, 2008

Diamond Bar Two Level House with 180 Degree City Light View $658,000

Bed: 4
Bath(F,T,H,Q): 3,
Sqft: 2,720
Lot SF: 6,655
YrBuilt: 1979
Style: Contemporary
Stories: Two Level
SchDist: Walnut Valley Unified

Description: Pride of Ownership!!!beautiful home in s.pointe area. 180 degree city light view from upstairs.Desirable location with lots of upgrades. New Marble flooring and expensive plush carpeting, new hardwood flooring, new custom oak cabinets and granite countertop. custom wood covering and drapes. spotless move-in condition. 4 large bedrooms plus a big bonus room use as a second family room with wetbar. recess lightning and built in surrounding speaker system. dual pane windows throughout.nice and big backyard with small basketball court. RV parking. convienent location close to Market and schools and bus stop. Best Walnut school district.

Diamond Bar Two Level House with Walking Distance to School $659,000

Bed: 5
Bath(F,T,H,Q): 3
Sqft: 2,447
Lot SF: 8,950
YrBuilt: 1973
Style: Contemporary
Stories: Two Level

Description: Sharp And Very Clean, Beautiful Wood Flooring, New Dual Pane Windows Throughout, Great Floor Plan, 1 Bedroom And 1 Bath On The 1st Floor, 4 Bedrooms On The 2nd Floor. Formal Living Room With Vaulted Ceiling, Formal Dining Room, Spacious Clean Kitchen, Nice Backyard for children tp play. 3 Car Garage, Walking Distance To Schools, Walnut School District.

Monday, October 27, 2008

Diamond Bar One Level House with Nice Pool $475,000

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

Sqft: 1,654
Lot SF: 8,300
YrBuilt: 1962

Description: Make sure this house is on your list! "A Must See" Great Opportunity to live in Prestigious Diamond Bar! This is NOT a short sale or REO. This is a Standard Sale. Sellers are Motivated. Spacious floorplan, Large family room with views of sparkling pool, spacious dining area, Private setting with garage in rear and large covered carport. Lovely backyard with beautiful landscaping and many fruit trees:(apricot,orange,peach,lime,cherry,figs,grapes,avocado) pool was replastered approximately 2 years ago, Concrete Resurfacing in garage and carport area, steel tile roof. See you in Escrow.

Friday, October 24, 2008

Diamond Bar House For Sale $439,000

Bed: 4
Bath(F,T,H,Q): 2
Sqft: 1,508
Lot SF: 7,588
YrBuilt: 1973

Description: Sharp single story home, new kitchen cabinets and new corian counter tops, New Windows Throughout, upgraded wood and ceramic flooring, great floor plan with 4 bedrooms and 2 baths, large flat yard for children to play. great location and area of Diamond Bar, close and convenient to everything. NOT A SHORT SALE OR REO.

Tuesday, October 21, 2008

Diamond Bar House with View $585,000

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

Sqft: 1,772
Lot SF: 10,798
YrBuilt: 1978
SchDist: Walnut Valley Unified

Description: BEAUTIFUL WELL MAINTAINED HOME BY QUAIL SUMMIT SCHOOL, WALNUT SCHOOL DISTRICT. GREAT LOCATION ENJOY VIEW FROM YOUR MASTER BEDROOM. TONS OF PARKING (EASILY ACCOMODATE 6 CARS), CONDITIONAL RV PARKING BIG ENOUGH FOR A LARGE BOAT. METICULOUSLY MAINTAINED, THIS HOME IS SHARP AND CLEAN FROM TOP TO BOTTOM. REMODELED BATHROOMS, NEW CAPET AND PAINT. PROFESSIONAL LANDSCAPING IN THE FRONT AND BACK, RELAX IN THE INGROUND SPA IN YOUR QUIET BACKYARD. IF YOU ARE LOOKING FOR A MOVE IN CONDITION, LOW MAINTENCE HOME THIS IS IT! SELLER MAY BE WILLING TO CARRY.

Friday, October 17, 2008

Diamond Bar House with Pool and Spa $529,900

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,357
Lot SF: 35,956
YrBuilt: 1986
Style: Spanish
Stories: Two Level

Description: Gorgeous pool home on huge lot in desirable Diamond Bar! This cozy and inviting home feautures a bright and airy floorplan with vaulted ceilings. The spacious kitchen boasts plenty of cabinet space, tile counters, and breakfast bar. Cozy living room with fireplace, wetbar, and sliding door leading out to pool. Upstairs features loft-like hallway overlooking family room. Huge master suite with oversized walk-in closet, double vanity, and bathroom. Private backyard with inground pool/jacuzzi, covered patio, and fruit trees perfect for entertaining.

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