NOT LISTED FOR SALE

1030 Summitridge Dr Diamond Bar, CA 91765

Estimated Value: $1,540,000 - $1,669,000

4 Beds
3 Baths
3,225 Sq Ft
$497/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $1,250,000 $388 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,894/month

20 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • 3 Car Attached Garage
  • Quail Summit Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of December 2020

Pool home with large back yard with excellent landscaping and beautiful rolling hills view! On the first floor there is a spacious family den, living room, kitchen, formal dining room, exercise space downstairs bedroom and bathroom with standing shower great for in-laws and guests. There are 4 bedrooms upstairs (one is the bonus room). The master bedroom is huge and even has a office/ reading room space, large bathroom with a large walk in closet plus a balcony that oversees gorgeous views. Massive bonus room that can be converted into a secondary master suite. The full size bedroom has great natural light coming in making it great for kids!
This home is one of the most popular track homes in Diamond Bar, walking distance away from Pantera Park, and less than 2 miles away from grocery stores, banks, and Diamond Bars great dining options. Diamond Bar High School is currently ranked #4 of 98 in best magnet high schools in all of California!

Last Agent to Sell the Property

Heidi Mao

Pinnacle Real Estate Group License #01007529 Listed on: 10/16/2020

Pinnacle Real Estate Group

Last Buyer's Agent

Doreen Chen

WeTrust Realty License #01951674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,626

Year Built

  • Built in 1987

Lot Details

  • 6,888 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCRPD200002U*

Parking

  • 3 Car Attached Garage

Property Views

  • City Lights
  • Canyon

Interior Spaces

  • 3,225 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 42571
  • Assessor Parcel Number 8701042001

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,626

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: (626) 271-2591
  • Property Attached: No
  • View: Yes
  • Zoning: LCRPD200002U*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8701042001
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3225.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 387.60
  • Room Type: Family Room

Exterior Features

  • View: Canyon, City Lights
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Walnut Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6888.00
  • Lot Size Acres: 0.1581

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6888.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4033.20
  • Tax Lot: 7
  • Tax Tract Number: 42571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Cheng Jizhong and Cheng Ling
Bought by
Cheng And Bai Family Trust and Cheng
Current Estimated Value
$1,603,166

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 28, 2020
Sold by
Li Xiao Hua
Bought by
Cheng Jizhong and Bai Ling
Seller's Agent
Heidi Mao
Pinnacle Real Estate Group
Buyer's Agent
Doreen Chen
WeTrust Realty
List Price
$1,199,900
Sold Price
$1,250,000
Premium/Discount to List
$50,100
4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 2, 2016
Sold by
Teng Qiang and Bao Wei
Bought by
Li Xiao Hua
Seller's Agent
Jack Ma
Century 21 Masters
Buyer's Agent
Heidi Mao
Pinnacle Real Estate Group
List Price
$1,198,000
Sold Price
$1,130,000
Premium/Discount to List
-$68,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%

Purchase Details

Listed on
Nov 16, 2014
Closed on
Feb 12, 2015
Sold by
Pan Yili and Hu Jenny
Bought by
Teng Qiang and Bao Wei
Seller's Agent
Ray Cai
McSen Realty
Buyer's Agent
Amy Wang
CENTURY 21 EXPERIENCE
List Price
$1,180,000
Sold Price
$1,070,000
Premium/Discount to List
-$110,000
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Pan E Hong
Bought by
Pan Yili and Hu Jenny

Purchase Details

Closed on
Sep 19, 2000
Sold by
And Eileen Cheng Trust Cheng Michael And Eile and Cheng Eileen Sauping
Bought by
Pan E Hong

Purchase Details

Closed on
Feb 28, 1998
Sold by
Cheng Michael and Cheng Eileen
Bought by
Cheng Michael and Cheng Eileen

Purchase Details

Closed on
Jun 24, 1997
Sold by
Schuler Arthur C and Schuler Gayle N
Bought by
Cheng Michael and Cheng Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
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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
Cheng And Bai Family Trust -- None Listed On Document
Cheng Jizhong -- None Listed On Document
Cheng Jizhong $1,250,000 Wfg National Title Company
Li Xiao Hua $1,130,000 Fatcola
Teng Qiang $1,070,000 Chicago Title Company
Pan Yili -- Accommodation
Pan E Hong $430,000 American Title Co
Cheng Michael -- --
Cheng Michael $408,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Jizhong $500,000
Previous Owner Cheng Michael $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $1,250,000 +4.2% $388 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $1,199,900 0.0% $372 / Sq Ft
10/14/2017 10/14/17 Rented $3,500 0.0% --
09/11/2017 09/11/17 Under Contract -- -- --
09/07/2017 09/07/17 For Rent $3,500 0.0% --
11/28/2016 11/28/16 Sold $1,130,000 -5.7% $350 / Sq Ft View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $1,198,000 +12.0% $371 / Sq Ft
02/20/2015 02/20/15 Sold $1,070,000 -9.3% $332 / Sq Ft View Prior Sale
02/19/2015 02/19/15 Pending -- -- --
11/16/2014 11/16/14 For Sale $1,180,000 -- $366 / 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 $16,626 $1,353,038 $649,458 $703,580
2024 $16,626 $1,326,509 $636,724 $689,785
2023 $16,218 $1,300,500 $624,240 $676,260
2022 $15,870 $1,275,000 $612,000 $663,000
2021 $15,331 $1,250,000 $600,000 $650,000
2020 $14,701 $1,199,164 $562,440 $636,724
2019 $14,421 $1,175,652 $551,412 $624,240
2018 $13,901 $1,152,600 $540,600 $612,000
2016 $12,574 $1,086,317 $407,927 $678,390
2015 $10,472 $875,000 $374,000 $501,000
2014 $10,566 $875,000 $374,000 $501,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20217806

California Regional Multiple Listing Service (CRMLS)

APN: 8701-042-001