Seller's Agent in 2025
Sharon Robinson
Compass
(949) 295-1161
89 in this area
128 Total Sales
3223 Olive Hill Rd Fallbrook, CA 92028
4
Beds
3
Baths
2,826
Sq Ft
2.29
Acres
Highlights
- In Ground Pool
- Gated Parking
- Mountain View
- RV Access or Parking
- 2.29 Acre Lot
- No HOA
About This Home
As of July 2025Morro Hills custom home located on over Two acres of usable property. This property is what everyone comes to Fallbrook to find. Location, zoned for horses with existing small barn, stalls and turn out area. Separate double gate to the lower portion of the property where you will find a tennis court. Convert to an RV pad, restore to tennis court, re-make into a pickleball court, additional horse area or you name it! The options are endless. Inside you will find a completely updated kitchen adjoining a comfortable family room creating the great room feeling adjoining the massive wrap around deck providing dramatic sunrises as well as distant panoramic views. The main floor offers a formal living room and dining room too. Downstairs is a separate bedroom and bath, as well as approx. 600 additional SF that could be converted to an attached ADU, as there is a separate entrance from the carport to the downstairs area. The oversized attached 3 car garage will provide ample parking for your cars, as well as plenty of open area to build an additional RV barn or shop for your additional projects. For your individual family wanting the country lifestyle while being close to town, schools and shopping, or the multi-generational family needing to expand into the attached ADU option..there is something for everyone!
Last Agent to Sell the Property
Compass Brokerage Email: sharon.robinson@compass.com License #01384726 Listed on: 05/01/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1987
Lot Details
- 2.29 Acre Lot
- Rural Setting
- Property is zoned R-1:SINGLE FAM-RES
Parking
- 3 Car Direct Access Garage
- 8 Open Parking Spaces
- 1 Carport Space
- Parking Available
- Side Facing Garage
- Three Garage Doors
- Garage Door Opener
- Driveway
- Gated Parking
- RV Access or Parking
Property Views
- Mountain
- Valley
Home Design
- Entry on the 2nd floor
- Turnkey
Interior Spaces
- 2,826 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Pool
- In Ground Pool
Utilities
- Central Air
- No Heating
- Conventional Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1210221000
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Jul 9, 2025
Sold by
Oconnell Thomas M and Oconnell Dale P
Bought by
Adamo Nicholas and Adamo Laura
Seller's Agent
Sharon Robinson
Compass
Buyer's Agent
Krista Stemmerman
Stemmerman Realty Group
List Price
$1,198,747
Sold Price
$1,100,000
Premium/Discount to List
-$98,747
-8.24%
Views
180
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
$33,403
Avg. Annual Appreciation
6.43%
Purchase Details
Closed on
Aug 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Oconnell Thomas M and Oconnell Dale P
Purchase Details
Closed on
May 28, 2009
Sold by
Gale Marilyn
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Oct 29, 2004
Sold by
Ayres Clifford L and Ayres Pamela J
Bought by
Gale Marilyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 1986
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | Ticor Title Company | |
| Grant Deed | $469,000 | First American Title Ins Co | |
| Trustee Deed | $405,000 | Accommodation | |
| Grant Deed | $750,000 | California Title | |
| Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $460,000 | New Conventional | |
| Closed | $115,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $1,100,000 | -8.2% | $389 / Sq Ft |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $1,198,747 | -- | $424 / 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 | $6,396 | $605,117 | $141,191 | $463,926 |
| 2024 | $6,396 | $593,253 | $138,423 | $454,830 |
| 2023 | $6,224 | $581,621 | $135,709 | $445,912 |
| 2022 | $6,227 | $570,218 | $133,049 | $437,169 |
| 2021 | $6,019 | $559,039 | $130,441 | $428,598 |
| 2020 | $6,066 | $553,308 | $129,104 | $424,204 |
| 2019 | $5,946 | $542,460 | $126,573 | $415,887 |
| 2018 | $5,856 | $531,825 | $124,092 | $407,733 |
| 2017 | $5,742 | $521,398 | $121,659 | $399,739 |
| 2016 | $5,600 | $511,175 | $119,274 | $391,901 |
| 2015 | $5,512 | $503,498 | $117,483 | $386,015 |
| 2014 | $5,408 | $493,636 | $115,182 | $378,454 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Robinson
-
Ken Follis
Seller Co-Listing Agent in 2025
Ken Follis
Compass
(760) 803-6235
79 in this area
118 Total Sales
-
Krista Stemmerman
Buyer's Agent in 2025
Krista Stemmerman
Stemmerman Realty Group
(760) 815-7415
2 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2503581
APN: 121-022-10
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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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