NOT LISTED FOR SALE

2515 Olive Hill Ln Fallbrook, CA 92028

Estimated Value: $988,421 - $1,272,000

3 Beds
2.5 Baths
2,395 Sq Ft
$485/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,198,000 $500 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,422/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • 4 Car Attached Garage
  • Mountain View
  • Workshop
  • Walk-In Closet

About This Home

As of June 2024

This home is located at 2515 Olive Hill Ln, Fallbrook, CA 92028 since 10 May 2024 and is currently estimated at $1,161,605, approximately $485 per square foot. This property was built in 1995. 2515 Olive Hill Ln is a home located in San Diego County with nearby schools including Fallbrook STEM Academy, James E. Potter Intermediate School, and Fallbrook High School.

Last Agent to Sell the Property

Cynthia Hauff

Coldwell Banker Village Prop Brokerage Email: cyndihauff@gmail.com License #01274144 Listed on: 05/10/2024

Coldwell Banker Village Prop

Last Buyer's Agent

Russell Taylor

RE/MAX Connections License #01318192

RE/MAX Connections

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 1.17 Acre Lot
  • Rural Setting
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 4 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,395 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Workshop
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Utilities

  • Central Air
  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1230414400
  • $50 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: BBQ, washer & dryer, refrigerator, ring doorbell
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1230414400
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2395.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 500.21
  • Room Type: Family Room, Jack & Jill, Living Room, Primary Suite, Walk-In Closet, Workshop

Exterior Features

  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 50965.20
  • Lot Size Acres: 1.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.1700 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: PM1730
  • TaxOtherAnnualAssessmentAmount: 49.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
May 30, 2024
Sold by
Larry K Hale Revocable Living Trust and Hale Larry K
Bought by
Olmstead Thomas
Seller's Agent
Cynthia Hauff
Coldwell Banker Village Prop
Buyer's Agent
Russell Taylor
RE/MAX Connections
List Price
$1,400,000
Sold Price
$1,198,000
Premium/Discount to List
-$202,000
-14.43%
Views
21
Current Estimated Value
$1,161,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,395
Avg. Annual Appreciation
-1.92%
Original Mortgage
$1,724,737
Outstanding Balance
$1,703,020
Interest Rate
7.09%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$541,415

Purchase Details

Closed on
Feb 7, 2023
Sold by
Hale Family Trust
Bought by
Larry K Hale Revocable Living Trust and Hale

Purchase Details

Closed on
Nov 30, 2020
Sold by
Hale Larry K
Bought by
Hale Larry K and Hale Family Trust

Purchase Details

Closed on
Sep 1, 2009
Sold by
Hale Verna F and Hale Larry K
Bought by
Hale Larry K and Hale Verna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,700
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2004
Sold by
Hale Larry K and Hale Verna F
Bought by
Hale Larry K and Hale Verna F

Purchase Details

Closed on
Mar 2, 1998
Sold by
Lackey David William and Lackey Deborah Ann
Bought by
Hale Larry K and Hale Verna Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
7.07%

Purchase Details

Closed on
Oct 26, 1996
Sold by
Lackey Betty J
Bought by
Lackey David William and Lackey Deborah Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Olmstead Thomas $1,198,000 Ticor Title
Larry K Hale Revocable Living Trust -- None Listed On Document
Hale Larry K -- Amrock
Hale Larry K -- Amrock
Hale Larry K -- Tsi
Hale Verna F -- Tsi
Hale Larry K -- --
Hale Larry K $282,000 First American Title
Lackey David William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmstead Thomas $1,724,737
Closed Olmstead Thomas $1,724,737
Previous Owner Hale Verna F $208,700
Previous Owner Hale Larry K $225,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $1,198,000 0.0% $500 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $1,198,000 -14.4% $500 / Sq Ft
05/10/2024 05/10/24 For Sale $1,400,000 -- $585 / 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 $4,680 $646,018 $349,495 $296,523
2024 $4,680 $441,429 $125,218 $316,211
2023 $4,546 $432,774 $122,763 $310,011
2022 $4,546 $424,289 $120,356 $303,933
2021 $4,397 $415,971 $117,997 $297,974
2020 $4,434 $411,707 $116,788 $294,919
2019 $4,348 $403,636 $114,499 $289,137
2018 $4,281 $395,722 $112,254 $283,468
2017 $4,196 $387,963 $110,053 $277,910
2016 $4,090 $380,357 $107,896 $272,461
2015 $4,018 $374,645 $106,276 $268,369
2014 $3,940 $367,308 $104,195 $263,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2403648

California Regional Multiple Listing Service (CRMLS)

APN: 123-041-44