$740,450
SOLD AUG 5, 2025

3341 Olive Hill Rd Fallbrook, CA 92028

6 Beds
5 Baths
3,048 Sq Ft
2.43 Acres

Recently Sold

$243 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • Horse Property Unimproved
  • Mountain View
  • No HOA
  • 2.43 Acre Lot
  • Main Floor Bedroom
  • Galley Kitchen

About This Home

As of August 2025

Located on the desirable west side of town with close proximity to the 76 and downtown, this unique 2.43-acre property offers exceptional potential for the right buyer. The existing farmhouse is a true **fixer-upper**, ideal for an **owner-user looking to build sweat equity** while enjoying privacy, views, and usable land. A seasonal stream flows along the lower portion of the lot, adding charm and natural appeal. Old well located by the stream, could be revitalized by new owner. Current owner has never utilized it. Due to the condition, this will likely require a **CASH PURCHASE ONLY**. **or HARD MONEY FINANCING may be possible**, but **NO FHA or VA offers** will be considered.

Last Agent to Sell the Property

Angel Lopez

Swell Property Brokerage Email: Angel@TheLopezGroupsd.com License #01847165 Listed on: 06/24/2025

Last Buyer's Agent

Evangelina Uriostegui

Sunshine Properties RealEstate License #01444165

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2.43 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Lot Has A Rolling Slope
  • Value in Land
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Attached Garage
  • 10 Open Parking Spaces

Property Views

  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Galley Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 75006
  • Assessor Parcel Number 1210221500
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1210221500
  • Year Built: 1950
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3048.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 242.93
  • Room Type: Family Room, Galley Kitchen, Main Floor Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property Unimproved, Rectangular Lot, Rolling Slope, Value In Land
  • Lot Size Sq Ft: 105850.80
  • Lot Size Acres: 2.4300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.4300 Acres
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 75006

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 Sold $740,450 0.0% $243 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
07/01/2025 07/01/25 Off Market $740,450 -- --
06/24/2025 06/24/25 For Sale $750,000 -- $246 / 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 $1,594 $153,708 $66,508 $87,200
2024 $1,594 $150,695 $65,204 $85,491
2023 $1,574 $147,741 $63,926 $83,815
2022 $1,572 $144,845 $62,673 $82,172
2021 $1,520 $142,006 $61,445 $80,561
2020 $1,532 $140,550 $60,815 $79,735
2019 $1,500 $137,795 $59,623 $78,172
2018 $1,477 $135,094 $58,454 $76,640
2017 $4,993 $459,000 $224,400 $234,600
2016 $1,486 $129,850 $56,185 $73,665
2015 $1,388 $127,901 $55,342 $72,559
2014 $1,362 $125,396 $54,258 $71,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2506210

California Regional Multiple Listing Service (CRMLS)

APN: 121-022-15-00