NOT LISTED FOR SALE

3104 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $880,000 - $928,000

3 Beds
2 Baths
1,286 Sq Ft
$699/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $880,000 $684 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,262/month

16 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • Mountain View
  • Corral
  • 2.52 Acre Lot
  • Corner Lot

About This Home

As of August 2024

Indulge in serene country living in this updated single-story horse property, situated on 2.5 flat acres with a small additional dwelling unit and a spacious 3-car garage, all enclosed with brand new vinyl fencing. As you step inside, a striking Quartz statement fireplace serves as the focal point, creating a warm and inviting ambiance in the living room and dining area.The living spaces feature wood laminate flooring and ceramic tile throughout, providing a blend of durability and style. The kitchen showcases Quartz countertops, maple cabinets, double ovens, and a sink with a scenic view of the backyard, while the cooktop seamlessly overlooks the living room and dining area for an open-concept feel. The primary suite is located in a separate wing of the home, offering a tranquil retreat with an ensuite bathroom, ensuring a peaceful space to unwind. This home has been thoughtfully upgraded with a brand new roof installed, and a Halo 5 no-maintenance house water filtration system just recently added. Freshly painted and renovated bathrooms. The house boasts impressively low utility costs, thanks to its efficient energy use and abundant natural light. With a gentle breeze from Camp Pendleton keeping the property cool during hot summers, there's minimal need for air conditioning. Ceiling fans in every room enhance the comfort. Additionally, the home is solar-ready, featuring a modern, upgraded electrical panel installed just two years ago Outside, the property offers endless possibilities. Horse facilities constructed and in use, so bring your horses or large animals. The small permitted studio, complete with an unpermitted bathroom, can serve as a guest house, office, or rental unit. Plus a newly constructed Tuff Shed Studio with electric and flooring (no walls yet, providing room to make it your own) serves as a versatile space, perfect for an office or creative studio. The property also offers potential for more expansion, with expert advice from Moe's ADUs indicating the ease of adding an additional ADU in the front, up to 1200 sq ft, without any utility issues. Additionally, the property is RV-ready with full hook-ups for water and electric (50 amp), and a camper clean-out in the back connected to the septic. Escape to the backyard and enjoy the guava, lemon, orange, pomegranate, and walnut trees planted among the wide-open spaces and rural charm. This home combines the tranquility of country living with modern amenities, making it a perfect retreat while still being close to local conveniences.

Last Agent to Sell the Property

Tim Kirk

LPT Realty License #01941662 Listed on: 06/26/2024

Last Buyer's Agent

Tim Kirk

LPT Realty License #01941662 Listed on: 06/26/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 2.52 Acre Lot
  • Rural Setting
  • Vinyl Fence
  • Chain Link Fence
  • Corner Lot
  • Back Yard
  • Density is 2-5 Units/Acre
  • Property is zoned Residential and Agricultural

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Horse Property
  • Outbuilding

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral

Utilities

  • Central Air
  • No Heating
  • Propane
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 821
  • Assessor Parcel Number 1231100100

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: Residential and Agricultural
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1231100100
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1286.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 684.29
  • Room Type: Laundry, Living Room
  • Bathroom Features: Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Other Structures: Outbuilding
  • Exterior Features: Corral
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Vinyl
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Access/Parking, RV Hook-Ups
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Propane, Electricity Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Disposal, Water Purifier
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Horse Property, Horse Property Improved
  • Lot Size Sq Ft: 109771.20
  • Lot Size Acres: 2.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5200 Acres
  • Number Of Units In Community: 45

Tax Info

  • Tax Tract Number: 000821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 16, 2024
Sold by
Taylor Nicolas and Taylor Tory
Bought by
Hicks Jason L and Hicks Yaira I
Seller's Agent
Tim Kirk
LPT Realty
Buyer's Agent
Tim Kirk
LPT Realty
List Price
$880,000
Sold Price
$880,000
Views
40
Current Estimated Value
$898,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,701
Avg. Annual Appreciation
1.59%
Original Mortgage
$765,956
Outstanding Balance
$756,415
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$142,287

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 15, 2022
Sold by
John C Whiteside Trust
Bought by
Taylor Nicolas and Taylor Tory
Seller's Agent
Eric Jesperson
Eric Jesperson
Buyer's Agent
Joseph Ferem
Independent R. E. Brokers-serra Investments
List Price
$725,000
Sold Price
$770,000
Premium/Discount to List
$45,000
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$797,720
Interest Rate
5.78%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2013
Sold by
Whiteside John C and Whiteside Maria H
Bought by
Whiteside John C

Purchase Details

Closed on
Jan 11, 2007
Sold by
Va
Bought by
Whiteside John C and Whiteside Maria H
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
Hicks Jason L $880,000 Fidelity National Title
Taylor Nicolas $770,000 Ticor Title
Whiteside John C -- None Available
Whiteside John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Jason L $765,956
Previous Owner Taylor Nicolas $797,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $880,000 0.0% $684 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $880,000 +14.3% $684 / Sq Ft
07/26/2022 07/26/22 Sold $770,000 +6.2% $588 / Sq Ft View Prior Sale
07/05/2022 07/05/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $725,000 -- $553 / 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 $6,639 $880,000 $588,571 $291,429
2024 $6,639 $785,400 $525,300 $260,100
2023 $8,221 $770,000 $515,000 $255,000
2022 $2,481 $228,971 $139,377 $89,594
2021 $2,399 $224,483 $136,645 $87,838
2020 $2,417 $222,182 $135,244 $86,938
2019 $2,368 $217,827 $132,593 $85,234
2018 $2,332 $213,557 $129,994 $83,563
2017 $2,285 $209,371 $127,446 $81,925
2016 $2,227 $205,267 $124,948 $80,319
2015 $2,192 $202,185 $123,072 $79,113
2014 $2,151 $198,226 $120,662 $77,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2405352

California Regional Multiple Listing Service (CRMLS)

APN: 123-110-01