NOT LISTED FOR SALE

1016 Summitridge Dr Diamond Bar, CA 91765

Estimated Value: $1,318,487 - $1,518,000

4 Beds
3 Baths
2,744 Sq Ft
$516/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $939,980 $343 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,421/month

50 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Quail Summit Elementary School Rated A
  • Canyon View
  • Retreat

About This Home

As of July 2018

Newer remodeled gorgeous two story home with rolling hills and mountain views and Excellent Walnut School District. Dramatic double glass door leads to the open living room and formal dining room fracturing luxurious crystal chandelier and high ceiling.3 fireplaces (living room, family room and master bed room). Elegant crown molding. 4 bedrooms and 3 bathrooms. One bedroom and one bathroom in main floor. The gourmet kitchen featuring stainless steel stove, newer sink, walking pantry and adjacent to the breakfast nook with beautiful chandelier. Spacious family room with bar area and fireplace. Luxurious master suite with walk-in closet, office and huge balcony overlooking the grand view. Master bathroom featuring bath tub, separate shower, new shower door and brand new counter top, sink and new lighting fixtures. All bathrooms have new counter tops, new sinks and new lighting fixtures. Beautiful backyard with SPA. Professional landscaping. Private gate. Security alarm system. Central air condition and heating system. Close to the Diamond Bar community Center. For Deck off master bedroom 608 SQFt is permited.

Last Agent to Sell the Property

Nancy Liu

ReMax Elite Realty License #01022715 Listed on: 04/09/2018

ReMax Elite Realty

Last Buyer's Agent

Nancy Liu

RE/MAX 2000 License #01022715

RE/MAX 2000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 6,081 Sq Ft Lot
  • Back Yard
  • Property is zoned LCRPD200002U*

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Canyon
  • Mountain

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,744 Sq Ft Home
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Schools

  • Quail Summit Elementary School
  • Chaparral Middle School
  • Diamond Bar High School

Additional Features

  • Above Ground Spa
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 42571
  • Assessor Parcel Number 8701040058

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: LCRPD200002U*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8701040058
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2744.00 Square Feet
  • Interior Amenities: Bar, Crown Molding, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 342.56
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Retreat, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Above Ground
  • Bathroom Features: Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • View: Canyon, Mountain(s)
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: Quail Summit
  • High School: Diamond Bar
  • Middle Or Junior School: Chaparral
  • Elementary School #2: QUASUM
  • High School2: DIABAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6081.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4033.20
  • Tax Lot: 4
  • Tax Tract Number: 42571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 4, 2018
Sold by
Liew Peter F and Liew Jennifer C
Bought by
Wang Jason and Zhao Kelly
Seller's Agent
Nancy Liu
ReMax Elite Realty
Buyer's Agent
Nancy Liu
ReMax Elite Realty
List Price
$998,800
Sold Price
$939,980
Premium/Discount to List
-$58,820
-5.89%
Current Estimated Value
$1,415,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,392
Avg. Annual Appreciation
5.58%
Original Mortgage
$657,000
Outstanding Balance
$571,351
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$844,021

Purchase Details

Closed on
Dec 2, 2004
Sold by
Liew Peter F
Bought by
Liew Peter F and Liew Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 16, 2004
Sold by
Liew Jennifer C
Bought by
Liew Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 3, 2004
Sold by
Huang Po Ming
Bought by
Liew Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 17, 2001
Sold by
Lee Shih Sheng and Wei Chiung Chi
Bought by
Huang Po Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.12%

Purchase Details

Closed on
Jan 18, 1996
Sold by
Bianchetti Mark S and Bianchetti Courtney
Bought by
Lee Shih Sheng and Wei Chiung Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.04%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Jason $940,000 Chicago Title Company
Liew Peter F -- --
Liew Peter F -- Ctc
Liew Peter F $685,000 Ctc
Huang Po Ming $387,500 Fidelity Title
Lee Shih Sheng $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jason $657,000
Previous Owner Liew Peter F $548,000
Previous Owner Huang Po Ming $310,000
Previous Owner Lee Shih Sheng $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $939,980 -1.0% $343 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/23/2018 05/23/18 Price Changed $949,000 -5.0% $346 / Sq Ft
04/09/2018 04/09/18 For Sale $998,800 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,127 $1,048,582 $593,007 $455,575
2024 $13,127 $1,028,023 $581,380 $446,643
2023 $12,806 $1,007,867 $569,981 $437,886
2022 $12,527 $988,105 $558,805 $429,300
2021 $12,048 $968,732 $547,849 $420,883
2019 $11,672 $940,000 $531,600 $408,400
2018 $10,426 $855,895 $450,819 $405,076
2016 $9,667 $822,662 $433,314 $389,348
2015 $9,725 $810,306 $426,806 $383,500
2014 $8,615 $706,000 $372,000 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18075619

California Regional Multiple Listing Service (CRMLS)

APN: 8701-040-058