NOT LISTED FOR SALE

3363 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $1,429,000 - $1,678,000

4 Beds
3.5 Baths
3,525 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $965,000 $274 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,349/month

56 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • 3.28 Acre Lot
  • Mountain View
  • Retreat

About This Home

As of August 2017

New single story custom home on private 3.28 acre horse property with 2 potable water wells. Towering vaulted ceilings & open floor plan for indoor outdoor living. Distressed hardwood & travertine floors. Granite counters throughout. Gourmet kitchen with big walk-in pantry, double oven, abundant cabinetry, & roomy island with space to seat 6. Rich solid Knotty Alder interior doors, beautiful stone shower enclosures, & stained wood garage doors exude elegance. Countryside & lake views with lots of privacy Neighborhoods: Fallbrook Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL

Last Agent to Sell the Property

Tony Cannon

Bressi Realty License #01318292 Listed on: 05/18/2017

Last Buyer's Agent

Joseph Ferem

Independent R. E. Brokers-serra Investments License #00269639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,699

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 3.28 Acre Lot
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 10 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,525 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Home Office
  • Library

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1210221700

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,699

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Architectural Style: Ranch
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1210221700
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3525.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Unfurnished, Cathedral Ceiling(s)
  • Stories: 1
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 273.76
  • Room Type: Main Floor Bedroom, Family Room, Library, Retreat, Main Floor Master Bedroom, Office

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Mountain(s)
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Available, Phone Connected, Propane, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Microwave
  • Heating Type: Propane, Fireplace(s), Forced Air
  • Laundry Features: Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 142876.00
  • Lot Size Acres: 3.2800

Multi Family

  • Lot Size Area: 142876.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Ortega David S and Ortega Olivia S
Bought by
Ortega Family Trust
Current Estimated Value
$1,573,162

Purchase Details

Closed on
Nov 12, 2020
Sold by
Ellender Vernon J and Ellender Natalie
Bought by
Ellender Vernon J and Ellender Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2018
Sold by
Ellender Vernon J and Ellender Natalie
Bought by
Ellender Vernon J and Ellender Natalie

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 27, 2017
Sold by
Randrock I Llc
Bought by
Ellender Vernon J and Ellender Natalie K
Seller's Agent
Tony Cannon
Bressi Realty
Buyer's Agent
Joseph Ferem
Independent R. E. Brokers-serra Investments
List Price
$1,099,000
Sold Price
$965,000
Premium/Discount to List
-$134,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$772,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2013
Sold by
Lin Thomas
Bought by
Randrock I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 1988
Source: Public Records

Range of Values:

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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
Ortega Family Trust -- None Listed On Document
Ellender Vernon J -- Unisource
Ellender Vernon J -- Unisource
Ellender Vernon J -- None Available
Ellender Vernon J $965,000 Fidelity National Title Co
Randrock I Llc $180,000 Ticor Title Company
-- $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellender Vernon J $450,000
Previous Owner Ellender Vernon J $772,000
Previous Owner Randrock I Llc $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $965,000 -12.2% $274 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,099,000 -- $312 / 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 $11,699 $1,116,551 $734,034 $382,517
2024 $11,699 $1,094,659 $719,642 $375,017
2023 $11,372 $1,073,196 $705,532 $367,664
2022 $11,376 $1,052,154 $691,699 $360,455
2021 $10,993 $1,031,525 $678,137 $353,388
2020 $11,079 $1,020,949 $671,184 $349,765
2019 $10,857 $1,000,931 $658,024 $342,907
2018 $10,515 $965,000 $173,782 $791,218
2017 $750 $669,582 $120,582 $549,000
2016 $1,382 $118,218 $118,218 $0
2015 $990 $81,968 $81,968 $0
2014 $973 $80,363 $80,363 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170025776

California Regional Multiple Listing Service (CRMLS)

APN: 121-022-17