NOT LISTED FOR SALE

4169 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $1,080,000 - $1,202,963

3 Beds
2.5 Baths
2,378 Sq Ft
$479/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $800,000 $336 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,812/month

4 Days on Market

Highlights

  • Barn
  • Heated Spa
  • Panoramic View
  • Horse Property
  • Automatic Gate
  • Wood Flooring

About This Home

As of April 2021

In highly sought after most prestigious area of Fallbrook! This one acre fully fenced custom single story horse property sets high on the hill from the street and has a long private driveway with an automatic gated entrance. Included is a partially completed detached ADU guest quarters with $12,000 paid for plans to finish. Fully paid for whole house solar electric with car charger. Completely remodeled kitchen and baths include new custom cabinetry, slab granite, mosaic and glass tiles, large center island / bar. 3 Car garage, horse facilities, kennel. See supplement [Supplement]: In highly sought after most prestigious area of Fallbrook! This one acre fully fenced custom single story horse property sets high on the hill from the street and has a long private driveway with an automatic gated entrance. Included is patrially completed detached guest quarters ADU with $12,000 paid for plans to finish. Completely remodeled kitchen and baths include new custom cabinetry, slab granite, mosaic and glass tiles, large center island / bar, a large garden window and even a built in wine refrigerator and computer desk. The oversized family room includes a dramatic all stone pellet stove fireplace, a wet bar and extensive built-ins. Additional upgrades include hard surface wood and slate floors throughout, retextured smooth ceilings with recessed lighting and ceiling fans, a slate tile roof with rain gutters, large walk-in closets, a 3 car garage, indoor laundry room, new sinks and built-in surround sound. The private, quiet backyard is complete with dual patio cabanas with flagstone and stamped concrete and includes a built-in gas plumbed barbecue island and pre-wired for a spa. Horse facilities include a large corral, run - in with tack room and feed storage. Separate dog run / enclosure as well. 3 Br, 2.5 Ba, one story, 2,378 ESF with 672 ESF 3 car garage and 572 ESF partially completed guest quarters on one fully fenced acre.

Last Agent to Sell the Property

Steven Shaffer

Shaffer Realty and Mortgage License #01194488 Listed on: 03/20/2021

Last Buyer's Agent

Jennifer Graber

Coldwell Banker Realty License #01509374

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 118x337
  • Rural Setting
  • Kennel
  • Gentle Sloping Lot
  • Sprinkler System
  • Property is zoned A70

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • RV Potential

Property Views

  • Panoramic
  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Fire Rated Drywall
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,378 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Entry
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Heated Spa
  • Horse Property
  • Covered Patio or Porch
  • Fire Pit
  • Outbuilding

Farming

  • Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Propane Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1210621800

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: A70
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1210621800
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2378.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 336.42
  • Room Type: Family Room, Formal Entry, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Heated

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s), Outbuilding
  • Exterior Features: Kennel, Satellite Dish
  • View: Mountain(s), Panoramic, Park/Greenbelt, Valley
  • Patio And Porch Features: Covered, Slab, Stone
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage Door Opener, Gated, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Propane Water Heater, Refrigerator
  • Heating Type: Fireplace(s), Forced Air, Pellet Stove, Propane
  • Laundry Features: Electric Dryer Hookup, Individual Room, Propane Dryer Hookup
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Fallbrook Union Elementary

Lot Info

  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property, Ranch, Sprinkler System
  • Lot Size: 118x337
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43560.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 22, 2021
Sold by
Jones Jessica W
Bought by
Jones Charles C
Seller's Agent
Steven Shaffer
Shaffer Realty and Mortgage
Buyer's Agent
Jennifer Graber
Coldwell Banker Realty
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Current Estimated Value
$1,138,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,491
Avg. Annual Appreciation
8.81%
Original Mortgage
$775,000
Outstanding Balance
$703,297
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$449,921

Purchase Details

Listed on
Mar 20, 2021
Closed on
Mar 26, 2021
Sold by
Sterling Nancy
Bought by
Jones Charles C
Seller's Agent
Steven Shaffer
Shaffer Realty and Mortgage
Buyer's Agent
Jennifer Graber
Coldwell Banker Realty
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$703,297
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$449,921

Purchase Details

Closed on
Sep 19, 2006
Sold by
Sterling Nancy and Sterling Elana
Bought by
Sterling Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,500
Interest Rate
6.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 19, 2002
Sold by
Washington Mutual Bank
Bought by
Sterling Elana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.29%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Madani Mehdi and Madani Beverly
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jan 8, 1996
Sold by
Madani Mehdi
Bought by
Madani Mehdi and Madani Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
8.75%

Purchase Details

Closed on
Jul 27, 1988

Purchase Details

Closed on
Nov 20, 1984
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
Jones Charles C -- First American Title
Jones Charles C $800,000 First American Title
Sterling Nancy -- Fidelity National Title
Sterling Elana $308,000 Fidelity National Title Co
Washington Mutual Bank $354,518 --
Madani Mehdi -- Chicago Title Insurance Co
-- $225,000 --
-- $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Charles C $775,000
Previous Owner Sterling Nancy $43,000
Previous Owner Sterling Nancy $454,300
Previous Owner Sterling Nancy $424,100
Previous Owner Sterling Nancy $406,125
Previous Owner Sterling Nancy $340,000
Previous Owner Sterling Nancy $100,000
Previous Owner Sterling Nancy $358,500
Previous Owner Sterling Elana $75,000
Previous Owner Sterling Elana $250,000
Previous Owner Sterling Elana $246,000
Previous Owner Madani Mehdi $292,500
Previous Owner Madani Mehdi $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $800,000 +6.7% $336 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $750,000 -6.3% $315 / Sq Ft
03/23/2021 03/23/21 Off Market $800,000 -- --
03/20/2021 03/20/21 For Sale $750,000 -- $315 / 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 $7,305 $865,943 $487,093 $378,850
2024 $7,305 $848,965 $477,543 $371,422
2023 $7,132 $832,320 $468,180 $364,140
2022 $8,837 $816,000 $459,000 $357,000
2021 $5,251 $497,420 $160,555 $336,865
2020 $5,291 $492,320 $158,909 $333,411
2019 $5,185 $482,668 $155,794 $326,874
2018 $5,105 $473,205 $152,740 $320,465
2017 $8,233 $463,928 $149,746 $314,182
2016 $8,107 $454,832 $146,810 $308,022
2015 $4,799 $448,001 $144,605 $303,396
2014 $4,706 $439,226 $141,773 $297,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2102694

California Regional Multiple Listing Service (CRMLS)

APN: 121-062-18