Diamond Bar Real Estate: June 2009

Wednesday, June 24, 2009

Diamond Bar Short Sale Country Estate with View $899,900

Bed: 4
Bath(F,T,H,Q): 2,0,1
Sqft: 3,082
Lot SF: 34,412
YrBuilt: 1981
Style: Spanish
HOA: $205
Stories: Three or More Levels
SchDist: Walnut Valley Unified

Description: STARTER HOME IN "THE COUNTRY" GUARD-GATED COMMUNITY. MARBLE FLOOR IN ENTRY & KITCHEN. HIGH CEILING IN LIVING ROOM AND FAMILY ROOM, WET BAR HAS GRANITE COUNTER TOP,LARGE KITCHEN HAS GRANITE COUNTER TOP,NEWER APPLIANCES,MASTER BEDROOM HAS SITTING AREA,PRIVATE BATH AND WALK-IN CLOSET,BONUS ROOM. BALCONY, FLAT BACKYARD.CLOSE TO DIAMOND BAR MAIN GATE.

Diamond Bar House with City Lights View $979,000

Bed: 5
Bath(F,T,H,Q): 3,0,1
Sqft: 3,536
Lot SF: 7,566
YrBuilt: 2001
HOA: $250
Stories: Two Level

Description: Prestigious Diamond Hills Ranch 24 hour Guard Gated Community. 5 Bedrooms and 3.5 Bathrooms. Highly Upgrade Mahogany Hard Wood and Marble Floors. Partial City Lights & Mountain view from Mater Suite. Property shows like new. Must see to Appreciate!!!!!

Diamond Bar Country Estate with Swimming Pool $1,788,000

Bed: 5
Bath(F,T,H,Q): 4,0,1
Sqft: 4,892
Lot SF: 74,923
YrBuilt: 1989
Style: Tudor
Compx: The Country
HOA: $205
View: Mountain
SchDist: Walnut Valley Unified

Description: In the Country Estate, Guarded gate w/24 hours security patrol.Big usable lot approx. 1.72 acres, room for tennis ct., very private and open view of mountains in rear,grand curb appeal w/circular drive.Immaculate condition w/$250K recent upgrades, current owner never lived in since remodeling finished in late 2008.5 Bedrooms(4 suites including Jack & Jill suite),+office +media loft,Granite Kitchen has been totally redone with a new wok rm,upgraded fancy cabinets,moldings,a big new bar with separate professional wine cellar next to family room. brand new custom carpet with floral design,unbelievable garage with 4 car space/finished with high end cabinets,epoxy floor,refrigerator, water softener. To see to believe it.Rock pool/spa, large patio and potential for more hardscape.

Tuesday, June 23, 2009

Diamond Bar Bank Owned Country Estate with View $1,600,000

Bed: 7
Bath(F,T,H,Q): 5
Sqft: 5,628
Lot SF: 85,983
YrBuilt: 2000
Style: Contemporary
HOA: $175

Description: Bank Owned. This is a custom built home in the exclusive "Country Estate" community with 24hr gated security. City lights and majestic mountain views make this 7 bedroom and 5 bath home a dream home to own. The house has 5628 SqFt and the lot size is almost two acres. In addition there is an attached two bedroom guest house. Quality of material used to build this luxury home including the marble and wood floors with the many other features makes this home incredible.

Monday, June 22, 2009

Diamond Bar Country Estate For Sale $1,790,000

Bed: 5
Bath(F,T,H,Q): 4
Sqft: 4,533
Lot SF: 50,529
YrBuilt: 2006
HOA: $200
View: Canyon
Pool: In Ground

Description: BEAUTIFUL DIAMOND BAR COUNTRY ESTATE. ELAGANCE INTERIOR . ORIGINALY BUILT IN 1978 BUT REBUILT IN 2006. PRETTY SWIMMING POOL IN BACK YARD. SELLER PURCHASED NEW HOME , SO SELLER WILL CONSIDER ANY REASONABLE OFFER.THANK YOU FOR SHOWING.

Wednesday, June 17, 2009

Diamond Bar Bank Owned Property $488,500

Bed: 4
Bath(F,T,H,Q): 2
Sqft: 1,784
Lot SF: 15,909
YrBuilt: 1984

Description: Single Story Home, 4 Bedrooms, 2 Bathrooms, With A 2 Car Attached Garage And A Large Lot.

Diamond Bar House with Fantastic View $1,190,000

Bed: 6
Bath(F,T,H,Q): 6
Sqft: 4,107
Lot SF: 14,920
YrBuilt: 2009
Style: Traditional
Stories: Two Level
View: City Lights, Mountain, Pool, Valley

Description: Extensively remodeled and upgrades 6 Bedrooms 6 full baths with pool, spa and fantastic view ! 3 Suites upstairs. 3 bedrooms downstairs. Original house was built in 1983, 2,869 sq.ft. Seller added 1168 sq.ft in 2006 and the house was completed in May of 2009. Total living area is approx. 4,107 sq.ft w/ a large lot 14,920 sq.ft located in a very nice area of Diamond Bar w/ excellent School District. Seller spent more than $400,000 for the additions and upgrades. Spacious living room & family room w/ fireplace and valuted ceiling. Gourmet kitchen w/ high grade imported granite counter tops, solid cherry wood cabinets, built-in appliances. Luxury master suite w/ large shower, steamed bath, large jaccuzzi tub. Engineering cherry hardwood floor in living room & family room. Crown moldings. All baths used designer tiles and fixtures. This house has 2 separate stairways and separate entry. It is ideal for a large family or 2 families .

Tuesday, June 16, 2009

Diamond Bar House with Amazing View $1,575,000

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

Sqft: 4,002
Lot SF: 59,677

YrBuilt:	1983
Style:	Mediterranean
Compx:	the Country

HOA: $205
SchDist: Walnut Valley Unified

Description: Beautiful Custom Italian Manor in the Country Est.,24 hr guarded community w/patrol.Sensational/panoramic sunset view,sparkling city lights w/Catalina Island Breeze,well maintained like new,brand new Marble entry,new plush carpet,new custom paint w/added crown moldings,stained glass windows,high ceilings w/built-in speakers,like new condition gourmet kitchen,professional Italian style Coffee/wine Wet Bar with plumbed machine and custom cabinets/refrig. Polished like new Spanish Tile flooring thruout the kitchen & family rm.Large Master suite upstairs also has a great view of mountains and lights, sep.Jacuzzi tub and shower,walk-in closet,large vanity area,ceilings w/blt-in speakers. 3 junior bedrooms(one with big balcony) have view and an open office has balcony w/view also overlooking the 2 story high living rm which has a customized fireplace w/hand made wood mantel and columns. Very formal dining rm w/crystal chandelier.extra 400 SF.permitted cellar can be converted to rm.Flat yard.

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