NOT LISTED FOR SALE

2483 Olive Hill Ln Fallbrook, CA 92028

Estimated Value: $1,392,000 - $1,913,000

5 Beds
4.5 Baths
4,604 Sq Ft
$359/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $927,500 $201 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,632/month

102 Days on Market

Highlights

  • Wine Cellar
  • Mountain View
  • Great Room
  • 4.56 Acre Lot
  • Retreat
  • Home Office

About This Home

As of May 2016

Gorgeous and private remodeled villa on 4.56 acres. The gated entry takes you over a quaint bridge to the home. The home boasts, lovely, artistic touches, patios, balcony and a gated courtyard. The master suite has a huge walk-thru shower, a jetted tub, a sitting room & loads of custom cabinetry. There is a second master suite in another wing of the house. Perfect for guests or in-laws. Brand new well installed, keeps landscaping water costs down. Room for an RV. See supplemental remarks for more. Neighborhoods: Fallbrook Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Septic Installed Topography: GSL

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 12/08/2015

Compass

Last Buyer's Agent

Ginger Proffitt

Ten X Realty License #01233721

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 4.56 Acre Lot
  • Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Stucco

Interior Spaces

  • 4,604 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1230412400

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1230412400
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4604.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 201.46
  • Room Type: Main Floor Bedroom, Family Room, Formal Entry, Great Room, Retreat, Office, Wine Cellar

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Propane, Forced Air
  • Laundry Features: Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 198634.00
  • Lot Size Acres: 4.5600

Multi Family

  • Lot Size Area: 198634.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Apr 6, 2016
Sold by
Bunch Jared
Bought by
Schilling Scott R and Schilling Fumi
Seller's Agent
Patrick Marelly
Compass
Buyer's Agent
Ginger Proffitt
Ten X Realty
List Price
$927,500
Sold Price
$927,500
Current Estimated Value
$1,653,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,323
Avg. Annual Appreciation
6.18%
Original Mortgage
$580,750
Outstanding Balance
$461,824
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,191,999

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bunch Bernadette
Bought by
Bunch Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Aurora Loan Services Llc
Bought by
Bunch Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Richards Joseph M and Richards Kathryn J
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 21, 2003
Sold by
Mokofisi Emaleti T
Bought by
Richards Joseph M and Richards Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 1996
Sold by
Suguturaga Sitani
Bought by
Mokofisi Emaleti T

Purchase Details

Closed on
Jun 12, 1996
Sold by
Pinsonneault Joseph F
Bought by
Mokofisi Emaleti T

Purchase Details

Closed on
Jan 8, 1996
Sold by
Crone John M and Crone Linda D
Bought by
Pinsonneault Joseph F

Purchase Details

Closed on
Sep 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schilling Scott R $927,500 Ticor Title San Diego
Bunch Jared -- Lsi Title Company
Bunch Jared $479,000 Lsi Title Company
Aurora Loan Services Llc $631,841 Accommodation
Richards Joseph M $625,000 Multiple
Mokofisi Emaleti T -- Chicago Title Co
Mokofisi Emaleti T $85,000 Chicago Title Co
Pinsonneault Joseph F $45,500 Chicago Title Co
-- $368,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schilling Scott R $580,750
Previous Owner Bunch Jared $383,200
Previous Owner Richards Joseph M $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $927,500 0.0% $201 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $927,500 -- $201 / 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 $11,602 $1,097,964 $414,325 $683,639
2024 $11,602 $1,076,436 $406,201 $670,235
2023 $11,297 $1,055,331 $398,237 $657,094
2022 $11,303 $1,034,639 $390,429 $644,210
2021 $10,925 $1,014,353 $382,774 $631,579
2020 $11,011 $1,003,953 $378,850 $625,103
2019 $10,792 $984,269 $371,422 $612,847
2018 $10,631 $964,971 $364,140 $600,831
2017 $10,424 $946,050 $357,000 $589,050
2016 $5,639 $508,235 $307,699 $200,536
2015 $5,551 $500,602 $303,078 $197,524
2014 $5,448 $490,797 $297,142 $193,655
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patrick Marelly

    Compass

    Section Image

  • G

    Buyer's Agent in 2016

    Ginger Proffitt

    Ten X Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150064070

California Regional Multiple Listing Service (CRMLS)

APN: 123-041-24

California San Diego County Fallbrook 92028

2483 Olive Hill Ln, Fallbrook, CA

Not Listed for Sale

Detached

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