2118 Tierra Loma, Diamond Bar, California 91765, Diamond Bar, 91765 - 5 bed, 3 bath

2118 Tierra Loma, Diamond Bar, California 91765 home-pic-0
ACTIVE$1,348,000
2118 Tierra Loma, Diamond Bar, California 91765
5Beds
3Baths
2,468Sqft
10,554Lot

Price Vs. Estimate

The estimated value ($1,307,493.685) is $40,506.315 (3%) lower than the list price ($1,348,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10554, living area = 2468.
Top Cons:
Property Age & Potential System Updates: Built in 1963, the property's age may imply potential for older core systems (e.g., plumbing, electrical, HVAC) that might require future investment, despite general upgrades.

Compared to the nearby listings

Price:$1.35M vs avg $1.15M (+$196,775)73%
Size:2,468 sqft vs avg 2,026 sqft72%
Price/sqft:$546 vs avg $55648%

More Insights

Built in 1963 (62 years old).
Condition: Despite being built in 1963, this property has undergone extensive and relatively recent renovations, particularly in key areas. The kitchen features modern white shaker-style cabinets, dark granite countertops, stainless steel appliances (including a contemporary range hood), and recessed lighting, all in excellent condition. The bathrooms are also significantly updated with modern vanities, dual sinks, updated fixtures, tiled showers with glass enclosures, and contemporary flooring. Throughout the home, there is new-looking wood-plank flooring, fresh paint, updated light fixtures, and a well-maintained fireplace and staircase. While the underlying structure is older, the visible components are move-in ready with a modern aesthetic, indicating significant investment in upgrades within the last 5-15 years, aligning with the 'Good' criteria for extensively renovated properties.
Year Built
1963
Close
-
List price
$1.35M
Original List price
$1.38M
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
WS25272228
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

This single house is located in the heart of Diamond Bar and has undergone various upgrades by its owner. The community is known for its tranquil atmosphere, safety, and friendly neighbors. The property offers convenient access to freeways 57 and 60, making commuting a breeze. Additionally, it is situated near commercial streets, banks, and post offices, providing easy access to everyday amenities. The house falls within the school district of Diamond Bar and is just a few blocks away from Diamond Bar High School. If you're interested, I encourage you to visit and witness firsthand the joy and wonderful memories you and your family can create in this beautiful home.

Price History

Date
Event
Price
05/07/24
Sold
$1,270,000
01/04/23
Sold
$990,000
Condition Rating
Good

Despite being built in 1963, this property has undergone extensive and relatively recent renovations, particularly in key areas. The kitchen features modern white shaker-style cabinets, dark granite countertops, stainless steel appliances (including a contemporary range hood), and recessed lighting, all in excellent condition. The bathrooms are also significantly updated with modern vanities, dual sinks, updated fixtures, tiled showers with glass enclosures, and contemporary flooring. Throughout the home, there is new-looking wood-plank flooring, fresh paint, updated light fixtures, and a well-maintained fireplace and staircase. While the underlying structure is older, the visible components are move-in ready with a modern aesthetic, indicating significant investment in upgrades within the last 5-15 years, aligning with the 'Good' criteria for extensively renovated properties.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10554, living area = 2468.
Desirable Community: Located in the heart of Diamond Bar, known for its tranquil atmosphere, safety, and friendly neighbors, enhancing lifestyle appeal.
Top-Rated School District: Zoned within the highly-regarded Walnut Valley Unified School District and just blocks from Diamond Bar High School, a significant draw for families.
Exceptional Accessibility: Offers convenient access to major Freeways 57 and 60, providing excellent connectivity for commuters.
Convenient Local Amenities: Situated near commercial streets, banks, and post offices, ensuring easy access to everyday necessities and services.
Owner Upgrades & Mountain Views: The property has undergone various owner-initiated upgrades and features desirable mountain views, adding to its aesthetic and functional value.

Cons

Property Age & Potential System Updates: Built in 1963, the property's age may imply potential for older core systems (e.g., plumbing, electrical, HVAC) that might require future investment, despite general upgrades.
Recent Price Appreciation: The current list price of $1.348M is notably higher than its May 2024 sale price of $1.27M, which may raise questions about its current market value and recent appreciation.
Unspecified Upgrade Scope: While 'various upgrades' are mentioned, the lack of specific details on what has been updated (e.g., roof, HVAC, windows, kitchen/bath specifics) could lead to buyer uncertainty regarding the extent and recency of renovations.

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