NOT LISTED FOR SALE

1501 Silver Ln Diamond Bar, CA 91765

Estimated Value: $2,206,269 - $2,404,000

5 Beds
3.5 Baths
4,093 Sq Ft
$561/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $1,620,000 $396 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $14,318/month

192 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Wood Flooring
  • Walnut Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of January 2016

TOTALLY UPGRADED! Executive Estate in the prestigious “Diamond Crest” Gated community, 5 Bedrooms, 3.5 Bathrooms (1 bedroom 1 bathroom downstairs), + library + Entertainment room. Property has unparalleled quality in design elements and materials, double door entry, cathedral ceiling in living room, ceramic tiles through all downstairs, and upgraded carpet upstairs. Gourmet kitchen with custom cabinets, granite counter tops, stainless steel appliances, center island, chandelier and large walk-in pantry. Custom two-tone interior paint, crown moldings, custom window coverings, state of art wrought iron art pieces, high-end wall paper, Family room with fireplace framed with natural stone, built-in display shelves. Large master suites with 2 separate walk-in closets, truly luxury master bath with freestanding round bath tub. Professional landscaping with custom designed waterfall pool & spa, lovely patio, newer gazebo, rose garden, lots of fruit trees. Excellent Walnut School District, walking distance to South Pointe Middle school.

Last Agent to Sell the Property

Alex Zhao

Re/Max Masters Realty License #01749677 Listed on: 05/01/2015

Re/Max Masters Realty

Last Buyer's Agent

Alex Zhao

Re/Max Masters Realty License #01749677 Listed on: 05/01/2015

Re/Max Masters Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,592

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 4,093 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Library
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 32400
  • Assessor Parcel Number 8763029012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,592

Year Built

Built in 1999

Lot Details

0

HOA Fees

$194 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: OFFICE DIRECT
  • Other Phone Number: 6262178885
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8763029012
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4093.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 395.80
  • Room Type: Family Room, Formal Entry, Library, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Shutters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 194.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Walnut Valley Unified

Lot Info

  • Lot Features: Landscaped, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 11579.00
  • Price Per Lot Square Foot: 139.91
  • Lot Size Acres: 0.2660

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 11579.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 32400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Dec 16, 2015
Sold by
Bao Zhanhong and Zhang Fang
Bought by
Pathak Kiran P and Pathak Mayuri K
Seller's Agent
Alex Zhao
Re/Max Masters Realty
Buyer's Agent
Alex Zhao
Re/Max Masters Realty
List Price
$1,839,000
Sold Price
$1,620,000
Premium/Discount to List
-$219,000
-11.91%
Current Estimated Value
$2,297,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,567
Avg. Annual Appreciation
3.79%
Original Mortgage
$1,280,000
Outstanding Balance
$543,501
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,779,929

Purchase Details

Closed on
Apr 3, 2015
Sold by
1501 Silver Lane Trust
Bought by
Bao Zhanhong and Zhang Fang

Purchase Details

Closed on
Mar 30, 2010
Sold by
Baquero Ernest V and Baquero Ylda
Bought by
1501 Silver Lane Trust

Purchase Details

Closed on
Jan 11, 2008
Sold by
Chang Richard Wen Jui and Chang Maria Clara Y
Bought by
Baquero Ernest V and Baquero Yida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.64%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 6, 2004
Sold by
Chang Wen Jui and Chang Maria
Bought by
Chang Richard Wen Jui and Chang Maria Clara Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Daneshmand Danny and Daneshmand Helen Wahlke
Bought by
Chang Wen Jui and Chang Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Daneshmand Helen Wahlke and Helen Rose Wahlke Family Trust
Bought by
Daneshmand Danny and Daneshmand Helen Wahlke

Purchase Details

Closed on
Aug 6, 1999
Sold by
Standard Pacific Corp
Bought by
Wahlke Helen Rose and Helen Rose Wahlke Family Trust
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
Pathak Kiran P $1,620,000 Chicago Title Company
Bao Zhanhong -- Accommodation
1501 Silver Lane Trust $1,080,000 Chicago Title Company
Baquero Ernest V $1,180,000 Fidelity National Title
Chang Richard Wen Jui -- Fidelity Long Beach
Chang Wen Jui $738,000 Old Republic Title
Daneshmand Danny -- --
Wahlke Helen Rose $494,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pathak Kiran P $1,280,000
Previous Owner Baquero Ernest V $590,000
Previous Owner Chang Richard Wen Jui $999,999
Previous Owner Chang Richard Wen Jui $600,000
Previous Owner Chang Richard Wen Jui $393,000
Previous Owner Chang Wen Jui $400,000
Previous Owner Wahlke Helen Rose $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $1,620,000 -6.8% $396 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
07/31/2015 07/31/15 Price Changed $1,739,000 -2.8% $425 / Sq Ft
06/26/2015 06/26/15 Price Changed $1,790,000 -2.7% $437 / Sq Ft
05/01/2015 05/01/15 For Sale $1,839,000 -- $449 / 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 $22,592 $1,917,745 $733,951 $1,183,794
2024 $22,592 $1,880,143 $719,560 $1,160,583
2023 $22,042 $1,843,278 $705,451 $1,137,827
2022 $21,589 $1,807,136 $691,619 $1,115,517
2021 $21,194 $1,771,703 $678,058 $1,093,645
2019 $20,515 $1,719,156 $657,948 $1,061,208
2018 $19,781 $1,685,448 $645,048 $1,040,400
2016 $16,610 $1,464,295 $507,625 $956,670
2015 $13,484 $1,159,951 $859,224 $300,727
2014 $13,495 $1,137,230 $842,393 $294,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15092414

California Regional Multiple Listing Service (CRMLS)

APN: 8763-029-012