Diamond Bar Real Estate: November 2008

Wednesday, November 26, 2008

Diamond Bar Short Sale House with Excellent Walnut School District $675,000

Bed: 5
Bath(F,T,H,Q): 3
Sqft: 2,796
Lot SF: 13,451
YrBuilt: 1977
Stories: Two Level
SchDist: Walnut Valley Unified
Elem: Evergreen Midsch: Chapparal Highsch: Dianod bar

Description: This Highly Upgraded Home is in a well sought after neighborhood. Master suite overlooking well maintained backyard with an abundance of fruit trees. Gorgeous newer Brazillian Cherry hardwood floors. Good Location easy access to freeway AND H-Mart shopping mall. This property selling subject to Lender’s approval.

Diamond Bar House with Nice View $519,000

Bed: 4
Bath(F,T,H,Q): 1,1,
Sqft: 2,002
Lot SF: 12,170
YrBuilt: 1968
HOA: $20

Description: GORGEOUS, IMMACULATE HOME WITH OUTSTANDING CURB APPEAL LOCATED ON A QUIET CUL-DE SAC WITH BEAUTIFUL MOUNTAIN VIEWS*COMPLETELY REMODELED HOME OFFERS BEAUTIFUL BAMBOO HARDWOOD FLOORING THRU OUT, NEW CARPET, REMODELED BATHROOMS, NEW DOORS, NEW BASEBOARDS, NEW CASINGS, NEW PAINT IN & OUT, TILE ROOF, NEW HEATER, NEW A/C & NEW LANDSCAPING*BEAUTIFUL DOUBLE DOOR ENTRY LEADS TO VERY BRIGHT LIVING ROOM W/FIREPLACE & VIEW OF PRIVATE FRONT PORCH AREA*REMODELED KITCHEN W/GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, BREAKFAST COUNTER & EATING AREA LEADS TO FORMAL DINING AREA WITH SLIDING DOOR ACCESS TO BACKYARD*LARGE MAIN FLOOR BEDROOM WITH ACCESS TO PATIO*3 GREAT SIZED BEDROOMS UPSTAIRS WITH VIEW OF LARGE BACKYARD*PRIVATE BACKYARD WITH LARGE CONCRETE PATIO & NEW LANDSCAPING*GREAT HOME FOR ENTERTAINING*2 CAR ATTACHED GARAGE*

Tuesday, November 25, 2008

Diamond Bar House with Panoramic View $799,000

Bed: 5
Bath(F,T,H,Q): 3
Sqft: 2,995
Lot SF: 9,752
YrBuilt: 1984
Stories: Two Level
SchDist: Walnut Valley Unified

Description: THIS IS MUST SEE HOME, GORGEOUS & BEAUTIFUL 180 PANORAMIC VIEW HOME WITH TONS OF UPGRADES .SO CALL TODAY! NEW MARBLE FLOORING AND EXPENSIVE CARPETING. NEW A/C & HEATING ,NEW PAINTING IN&OUT SPACIOUS FAMILYROOM,LIVINGROOM,RV PATKING.DOUBLE ENTRY DOORS. A SEPARATE FORMAL LIVING, FAMILY AND DINING ROOM WITH 2 FIREPLACES,3-CAR ATTACHED GARGAE. THE HOME SITS ON ALMOST 1/4 ACRE OF LAND. VERY BRIGHT FLOOR PLAN W/ HIGH CELLING,HIGH WINDOWS MASTER BEDROOM HAS LARGE MASTER BATH SHOWER& FANCY TUB. NEW GRANITE COUNTERTOP. REMODELED KITCHEN AND BATHROOM. QUITE AND NICE NEIGHBORHOOD. MOVE IN CONDITION. COME &SEE!!!!

Saturday, November 22, 2008

Diamond Bar House with Walking Distance to Middle School $988,000

Bed: 5
Bath(F,T,H,Q): 5
Sqft: 4,425
Lot SF: 18,225
YrBuilt: 1998
Style: Contemporary
HOA: $194
Stories: Two Level
SchDist: Walnut Valley Unified

Description: Hurry Agents, Short sale approved for price between $980000 to $988,000! Over 4450sqft of Living space.Lowest price ever in the prestigious Diamond Crest Community. Beautiful floor plan. The grand and largest floor plan in the Diamond Crest with double door travertine tiled with custom medalion Entryway. Huge kitchen with granite counter tops. 5 bedroom and 5 baths with 3 car attached garage. One bedroom one bath downstairs. Master suite with his and hers walkin closet. Master bath has Jacuzzi tub, separate shower stall and his and hers double vanity. Walnut Schools. Walking distance to South Point Middle School.

Thursday, November 20, 2008

Diamond Bar Two Level House For Sale $659,000

Bed: 5
Bath(F,T,H,Q): 3,0,1
Sqft: 2,493
Lot SF: 8,750
YrBuilt: 1969
HOA: $39
Stories: Two Level

Description: Come see this remodeled beauty! Fantastic floorplan to accomodate inlaws with master suites downstairs and upstairs. Both suites are spacious, the upper has two closets and an expansive balcony to catch some quiet time, the lower has a jetted tub and seperate shower with sliding door access to the covered patio in the tranquil back yard. Newer dual pane windows throughout. New copper plumbing & laminate flooring encompassing the family room, kitchen, nook, and double door entry in ‘07. There’s much more: textured knock down ceilings, new maple cabinets and corian counters in the kitchen, stainless gas stove & microwave, walk behind bar off of the family room, vaulted ceilings and fireplace in the formal living room, indoor laundry, french doors to the lushly landscaped back yard. The side yard has width for a jet ski trailer or car near the 2 car garage, fabulous schools are California distinguished. Deane homes swim and racquet club association is $39/mo, a great value!

Wednesday, November 19, 2008

Diamond Bar House with Walnut School District $529,000

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

Sqft: 1,423.
Lot SF: 5,968
YrBuilt: 1985

Stories:	One Level
SchDist:	Walnut Valley Unified

Description: OWNER SAYS" TIME TO SELL" PRICED REDUCED BY $46,000.00 Wonderful single story home in, with out question, one of Diamond Bars very best neighborhoods. Very few single story homes in this area. Rare opportunity. Custom wood floors thru out this very clean, lovely home. Kitchen has a tile floor. Good landscaping, patio deck in back. Beautiful curb appeal. No Neighbor scross the street for a little more privacy. Large master bedroom, formal dining. Shows light and bright. Block wall fencing, CULDESAC LOCATION, WALNUT VALLEY SCHOOL DISTRICT.

Tuesday, November 18, 2008

Diamond Bar Two Level House with Walnut School District $749,000

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

Sqft: 2,712
Lot SF: 9,395
YrBuilt: 1978

Stories:	Two Level
SchDist:	Walnut Valley Unified

Description: Lovely Two Storey Diamond Ridge Home On Top Of The Hill With Spiral Staircase. Extra High Vaulted Ceiling. Spacious 4 Bedrooms & 3 Baths. 1 Bed room & Bath Downstairs. Master Suite With Retreate, Balcony & View Of The Canyon. His & her Closets. Master Bath Has Sunken Roman Tub And Seperate Shower. Jack n Jill Bed Rooms. Step Down Family Room With Cozy fireplace & Wet Bar. Gourmet Kitchen With Breakfast Bar & Breakfast Nook. Formal Dining Room & Spacious Step Down Living Room. seperate Laundry Room. Very Private Large Backyard With Pool & Spa. 3 Car Garage. Desirable Walnut School District. Perfect Location For Orange County, L.A. couny & San Bernardino County Commute.

Friday, November 14, 2008

Diamond Bar Two Level House with Pool and Spa $750,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,155
Lot SF: 9,178
YrBuilt: 1988
Stories: Two Level

Description: Great floor plan-bedroom dawn stairs- all downstairs with marble tile-3 car garage with nice size pool and spa-

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