Bob Arthur
First Team Real Estate
(949) 755-7664
59 Total Sales
1 in Fallbrook
$1,089,375 Price
3223 Olive Hill Rd Fallbrook, CA 92028
Fallbrook AreaEstimated Value: $1,238,135
4
Beds
3
Baths
2,826
Sq Ft
$438/Sq Ft
Est. Value
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
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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
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 1210221000
Matterport 3D Tour
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
$138,135
Avg. Annual Appreciation
10.45%
Original Mortgage
$650,000
Outstanding Balance
$643,073
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$595,062
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Bob Arthur
-
Julia Biggs
Julia Biggs
Biggs Real Estate Professional
(951) 261-8723
60 Total Sales
1 in Fallbrook
$850,000 Price
-
Kay Merg
Kay Merg
RE/MAX Connections
(858) 905-5706
52 Total Sales
1 in Fallbrook
$2,990,000 Price
-
Jesse Salas
Jesse Salas
Harcourts One
(858) 239-2533
96 Total Sales
3 in Fallbrook
$237K - $1.7M Price Range
-
Michael Winter
Michael Winter
1st Class Real Estate SD North
(442) 222-3823
46 Total Sales
1 in Fallbrook
$1,345,000 Price
-
Ryan Dick
Ryan Dick
Compass
(858) 633-5638
41 Total Sales
1 in Fallbrook
$1,400,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | Ticor Title Company | ||
| Oconnell Thomas M | $469,000 | First American Title Ins Co | |
| Deutsche Bank National Trust Company | $405,000 | Accommodation | |
| Gale Marilyn | $750,000 | California Title | |
| -- | $55,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $650,000 | ||
| Previous Owner | Gale Marilyn | $100,000 | |
| Previous Owner | Gale Marilyn | $650,000 | |
| Previous Owner | Gale Marilyn | $460,000 | |
| Previous Owner | Ayres Clifford L | $162,000 | |
| Previous Owner | Ayres Clifford L | $148,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,550 | $210,666 | $49,085 | $161,581 |
| 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
Seller's Agent in 2025
Sharon Robinson
Compass
(949) 295-1161
131 Total Sales
-
Ken Follis
Seller Co-Listing Agent in 2025
Ken Follis
Compass
(760) 803-6235
118 Total Sales
-
Krista Stemmerman
Buyer's Agent in 2025
Krista Stemmerman
Stemmerman Realty Group
(760) 815-7415
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2503581
APN: 121-022-10
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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