NOT LISTED FOR SALE

4238 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $1,082,000 - $1,129,000

3 Beds
2.5 Baths
2,040 Sq Ft
$541/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $985,000 $483 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,927/month

6 Days on Market

Highlights

  • Panoramic View
  • Home Office
  • 2 Car Attached Garage
  • No HOA
  • Home Gym
  • Walk-In Closet

About This Home

As of March 2022

Beautiful ranch home on 1.31 usable acres in the exclusive hills of Olive Hill. This home will accommodate all your needs, room for RV and toys, room to build a guest house, barn or have a mini farm of your own. Property is completely fenced with separate entrance to access the lower property. Entertainers dream kitchen with quartz counter tops, stainless steel appliances, wine refrigerator and large sitting bar. Living room has a great open floor plan with double glass doors that open to cool breezes and panoramic views. Large room downstairs with half bath could be used for game room/office or guest suite. Primary bedroom has walk in closet, tastefully remodeled bathroom and large sliders with balcony to enjoy the breezes and views.

Last Agent to Sell the Property

Tamara and Joe Bishop

HomeSmart Realty West License #01801919 Listed on: 02/07/2022

HomeSmart Realty West

Last Buyer's Agent

Thomas Dinh Nguyen

Golden Century Investments License #01179972

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,009

Year Built

  • Built in 1979

Lot Details

  • 1.31 Acre Lot
  • Rural Setting
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned AGRICULTURAL

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Canyon
  • Pasture

Home Design

  • Split Level Home

Interior Spaces

  • 2,040 Sq Ft Home
  • Family Room
  • Living Room
  • Home Office
  • Bonus Room with Fireplace
  • Home Gym

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Utilities

  • Central Air
  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 75013
  • Assessor Parcel Number 1212705000
  • $53 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,009

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: AGRICULTURAL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1212705000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2040.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bonus Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 482.84
  • Room Type: All Bedrooms Up, Den, Dressing Area, Exercise Room, Family Room, Kitchen, Living Room, Master Bathroom, Office, Walk-In Closet

Exterior Features

  • View: Canyon, Panoramic, Pasture
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 57063.60
  • Lot Size Acres: 1.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.3100 Acres

Tax Info

  • Tax Tract Number: 75013
  • TaxOtherAnnualAssessmentAmount: 52.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Feb 17, 2022
Sold by
Chavez and Shirley
Bought by
Hoyos Gerardo and Hoyos Maria S
Seller's Agent
Tamara and Joe Bishop
HomeSmart Realty West
Buyer's Agent
Thomas Dinh Nguyen
Golden Century Investments
List Price
$899,000
Sold Price
$985,000
Premium/Discount to List
$86,000
9.57%
Current Estimated Value
$1,103,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,081
Avg. Annual Appreciation
3.35%
Original Mortgage
$689,500
Outstanding Balance
$645,367
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$457,714

Purchase Details

Listed on
Apr 17, 2016
Closed on
May 9, 2016
Sold by
Lofty Llc
Bought by
Chavez Rudy and Chavez Shirley
Seller's Agent
Cody Hayworth
Four Seasons Properties
Buyer's Agent
Frances Chen
Aicare Realty
List Price
$529,900
Sold Price
$529,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$503,405
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 3, 2014
Sold by
Uribe Thomas J
Bought by
Lofty Llc
Seller's Agent
Kyle Crabb
Kyle Crabb, Broker
Buyer's Agent
Cody Hayworth
Four Seasons Properties
List Price
$400,000
Sold Price
$386,000
Premium/Discount to List
-$14,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%
Original Mortgage
$200,000
Interest Rate
4.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2003
Sold by
Uribe Thomas and Uribe Alvina
Bought by
Uribe Thomas and Uribe Alvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.76%

Purchase Details

Closed on
Sep 12, 2002
Sold by
Uribe Thomas and Uribe Alvina
Bought by
Uribe Thomas and Uribe Alvina
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
Hoyos Gerardo $985,000 Ticor Title
Chavez Rudy $530,000 Title 365
Lofty Llc $386,000 Title 365
Uribe Thomas -- Chicago Title Co
Uribe Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyos Gerardo $689,500
Previous Owner Chavez Rudy $466,000
Previous Owner Chavez Rudy $503,405
Previous Owner Lofty Llc $204,500
Previous Owner Lofty Llc $200,000
Previous Owner Uribe Thomas $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $985,000 +9.6% $483 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $899,000 -8.7% $441 / Sq Ft
02/12/2022 02/12/22 Off Market $985,000 -- --
02/07/2022 02/07/22 For Sale $899,000 +69.7% $441 / Sq Ft
06/03/2016 06/03/16 Sold $529,900 0.0% $260 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $529,900 +37.3% $260 / Sq Ft
05/09/2014 05/09/14 Sold $386,000 -3.5% $189 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $400,000 -- $196 / 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 $11,009 $1,045,289 $345,936 $699,353
2024 $11,009 $1,024,794 $339,153 $685,641
2023 $10,149 $956,000 $316,000 $640,000
2022 $6,423 $579,519 $191,791 $387,728
2021 $6,207 $579,519 $191,791 $387,728
2020 $6,255 $573,578 $189,825 $383,753
2019 $6,131 $562,332 $186,103 $376,229
2018 $6,039 $551,306 $182,454 $368,852
2017 $5,920 $540,497 $178,877 $361,620
2016 $4,367 $399,715 $132,285 $267,430
2015 $4,298 $393,711 $130,298 $263,413
2014 $2,833 $257,819 $85,325 $172,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201121

California Regional Multiple Listing Service (CRMLS)

APN: 121-270-50