Seller's Agent in 2024
Andrea Holmes
ERA Donahoe Realty
(951) 764-2589
4 in this area
248 Total Sales
1249 Olive Ave Fallbrook, CA 92028
Estimated Value: $1,067,057 - $1,222,000
3
Beds
3
Baths
2,249
Sq Ft
$511/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Updated Kitchen
- Midcentury Modern Architecture
- Panoramic View
- 5 Acre Lot
- Wood Flooring
About This Home
As of April 2024Nestled amidst the rolling hills of Fallbrook lies a hidden gem, a captivating Mid Century Modern home that exudes serenity and luxury. Set on 5 acres of lush land, this stunning property offers unparalleled privacy and panoramic views of the Santa Margarita valley and beyond. As you step through the front door, you are greeted by a meticulously remodeled interior adorned with oak flooring, custom window coverings, and a chef's dream kitchen. The kitchen boasts quartz countertops, stainless steel appliances, porcelain tile floors, and a subway tile backsplash. The family room is a haven of relaxation, featuring vaulted ceilings with wood beams, a slate fireplace, and expansive windows framing breathtaking views. The laundry room has been thoughtfully upgraded with sink, brand new cabinets and ample storage space. Each of the 3 bedrooms in this home is a sanctuary, complete with its own ensuite bathroom for ultimate comfort and convenience. The Primary Suite has its own access to the outdoor living areas. The Primary Bathroom has quartz countertops with dual sinks and a large walk in shower. Step outside and immerse yourself in the tranquility of the sprawling grounds, adorned with over 100+ avocado trees, succulent gardens, and a variety of fruit trees including tangerine, apple, lemon, pear, kumquat, and orange. The possibilities are endless with the 5 acres of land, offering potential for an ADU, guest house, or workshop. Additional upgrades include 18 PAID Solar Panels, New AC, HVAC, Heat Pump, New Ducting, Redone Driveway, Interior and Exterior Paint & Trex Decking. Perfectly secluded from the hustle and bustle of city life, yet just a 10-minute drive to the I-15 commute corridor, this property truly offers the best of both worlds. Don't let this once-in-a-lifetime opportunity slip through your fingers. Experience the magic of Fallbrook living in this unique Mid Century Modern masterpiece.
Last Agent to Sell the Property
ERA Donahoe Realty Brokerage Phone: 951-764-2589 License #01943814 Listed on: 03/06/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1984
Lot Details
- 5 Acre Lot
- Rural Setting
- Density is 2-5 Units/Acre
- Property is zoned A70
Parking
- 2 Car Attached Garage
Property Views
- Panoramic
- Hills
- Valley
Home Design
- Midcentury Modern Architecture
- Turnkey
- Asphalt Roof
Interior Spaces
- 2,249 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Range
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- 3 Full Bathrooms
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
Outdoor Features
- Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Conventional Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 9719
- Assessor Parcel Number 1033200900
- $169 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
Mar 21, 2024
Sold by
Bella Joseph G & Barbara J
Bought by
Eklund Family Trust and Eklund
Seller's Agent
Andrea Holmes
ERA Donahoe Realty
Buyer's Agent
Eloise Steen
Zutila, Inc
List Price
$1,149,000
Sold Price
$1,149,000
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$486
Avg. Annual Appreciation
-0.03%
Original Mortgage
$766,550
Outstanding Balance
$754,387
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$394,127
Purchase Details
Listed on
Jul 8, 2019
Closed on
Aug 1, 2019
Sold by
Compoginis Lura Kay
Bought by
Bella Joseph G and Bella Barbara J
Seller's Agent
Cheryl Pizzo
Coldwell Banker Village Prop
Buyer's Agent
Scott Mitchener
Gabilan Properties
List Price
$629,000
Sold Price
$629,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$503,200
Interest Rate
3.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eklund Family Trust | $1,149,000 | Ticor Title | |
| Bella Joseph G | $629,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eklund Family Trust | $766,550 | |
| Previous Owner | Bella Joseph G | $503,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $1,149,000 | 0.0% | $511 / Sq Ft | |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- | |
| 03/06/2024 03/06/24 | For Sale | $1,149,000 | +82.7% | $511 / Sq Ft | |
| 08/19/2019 08/19/19 | Sold | $629,000 | 0.0% | $281 / Sq Ft | View Prior Sale |
| 07/20/2019 07/20/19 | Pending | -- | -- | -- | |
| 07/08/2019 07/08/19 | For Sale | $629,000 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,314 | $408,259 | $238,015 | $170,244 |
| 2024 | $7,314 | $674,410 | $353,824 | $320,586 |
| 2023 | $7,151 | $661,187 | $346,887 | $314,300 |
| 2022 | $7,154 | $648,224 | $340,086 | $308,138 |
| 2021 | $6,922 | $635,515 | $333,418 | $302,097 |
| 2020 | $6,980 | $629,000 | $330,000 | $299,000 |
| 2019 | $3,115 | $278,563 | $167,142 | $111,421 |
| 2018 | $3,069 | $273,102 | $163,865 | $109,237 |
| 2017 | $3,010 | $267,748 | $160,652 | $107,096 |
| 2016 | $2,936 | $262,499 | $157,502 | $104,997 |
| 2015 | $2,884 | $258,557 | $155,137 | $103,420 |
| 2014 | $2,831 | $253,494 | $152,099 | $101,395 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Holmes
-
Eloise Steen
E
Buyer's Agent in 2024
Eloise Steen
Zutila, Inc
(949) 248-8401
1 in this area
14 Total Sales
-
Cheryl Pizzo
Seller's Agent in 2019
Cheryl Pizzo
Coldwell Banker Village Prop
(760) 468-2218
3 in this area
3 Total Sales
-
S
Buyer's Agent in 2019
Scott Mitchener
Gabilan Properties
-
John Graef
Buyer's Agent in 2019
John Graef
eXp Realty of Southern CA
(760) 453-1491
4 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24044463
APN: 103-320-09
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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