NOT LISTED FOR SALE

4735 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $1,315,000 - $1,904,000

5 Beds
4.5 Baths
4,959 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,420,000 $286 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,563/month

47 Days on Market

Highlights

  • Detached Guest House
  • Solar Power System
  • 7.82 Acre Lot
  • RV Access or Parking
  • Two Primary Bedrooms
  • Atrium Room

About This Home

As of December 2021

2 parcels of 5.4 acres and 2.42 acres are included in this price. Private gated circular driveway welcomes you to this elegant neo-classical architectural home (Monticello inspired) with grand & spacious rooms & high ceilings. 3 bedrooms en-suite with walk-in closets and patio or courtyard access. 4 fireplaces. 20 feet of floor to ceiling bookcases. 2 courtyards that provide a built-in BBQ, firepit, pergola, fountain and room for al fresco dining. Exquisite English Conservatory of 448 sq. ft. overlooking the parklike grounds with a gazebo, private seasonal pond with dock, and magnificent ancient oaks sculptured by nature providing summer shade and visual drama over the seasonal stream, bridge and tree swing. Detached Guest House with a private garden offers a fireplace, an elegant bath and a small kitchen space. The total 7.82 acres offers plenty of space to have a horse facility, a tennis court, a pool, a 15+++ car collector's garage, a Bed & Breakfast (previously licensed B & B), a vineyard, etc. Seller installed a 66 panel solar system with a battery back-up and just had the well serviced. There is 1,400 lineal feet of leach field. Home needs interior paint (red ceilings and silver walls may not appeal to all), new flooring (damaged) and some new windows, bathrooms updated.

Last Agent to Sell the Property

Karen Van Ness

eXp Realty of California, Inc. License #01354837 Listed on: 10/07/2021

eXp Realty of California, Inc.

Co-Listed By

Kari Ann Sebalj

eXp Realty of California, Inc. License #02127203

Last Buyer's Agent

Andrea Burke

Cashin Company License #01209506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,033

Year Built

  • Built in 1979

Lot Details

  • 7.82 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Private Yard

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate
  • RV Access or Parking
  • Controlled Entrance

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 4,959 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Raised Hearth
  • Propane Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Library
  • Atrium Room
  • Storage Room
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Propane Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Shed
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House
  • 625 SF Accessory Dwelling Unit

Utilities

  • Zoned Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Water Filtration System
  • Well
  • Propane Water Heater
  • Conventional Septic
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 121-141-20-00
  • $97 Monthly special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,033

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Morro Hills
  • Neighborhood: Olive Hills
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 301.47
  • Price Per Sq Ft: 286.35
  • SP/ Sq Ft: 286.35
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Crown Moldings, High Ceilings (9 Feet+), Pull Down Stairs To Attic, Recessed Lighting, Stone Counters, Storage Space, Tile Counters, Wet Bar
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator, Shed(s), Solar Panels, Water Filtration, Electric Oven, Propane Range, Range/Stove Hood, Barbecue, Water Line to Refr, Counter Top, Propane Cooking
  • Fireplaces: 5
  • Fireplace: Fp In Living Room, Fp In Master Br, Patio/Outdoors, Den, Fire Pit, Guest House, Pellet Stove, Raised Hearth, Propane
  • Searchable Rooms: Bedroom Entry Level, Dining Room/Separate, Formal Entry, Guest Maid, Library, Master Bdrm 2, Master Retreat, MBR Entry Level, Storage Room, Utility Room, Atrium, Kitchen, Living Room, Master Bedroom, Dressing Area, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 23x22
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room, Inside
  • Estimated Sq Ft: 4959
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Brick, Stucco
  • Fencing: Full, Gate, Wood
  • Guest House: Detached
  • Patio: Brick, Enclosed, Gazebo, Concrete, Patio, Porch - Front
  • Roof: Rolled/Hot Mop, Tile/Clay, Flat
  • Exclusive Use Yard: Yes
  • Frontage Dimensions in Feet: 1042
  • Guest House Sq Ft: 625

Garage/Parking

  • Parking for RV: Hook-ups, On-Site Parking
  • Garage Details: Detached, Garage - Front Entry, Garage - Single Door, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Auto Driveway Gate, Circular Driveway, Controlled Entrance, Driveway - Concrete
  • Garage Spaces: 5
  • Parking Spaces Total: 7

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric, Propane, Washer Hookup
  • Security: Automatic Gate
  • Sewer/Septic: Septic Installed, Conventional Septic
  • Water: Well on Property
  • Water Heater Type: Propane
  • Heating: Fireplace, Forced Air Unit, Pellet/Wood Burning Stove
  • Heating Fuel: Electric, Pellets, Propane, Solar
  • Utilities: Cable Connected, Electricity Connected, Propane, Water Connected

Condo/Co-op/Association

  • Community: FALLBROOK

Fee Information

  • CFD Mello Roos Fee: 97.0
  • CFD Mello Roos Fee Reflects: Month
  • Total Monthly Fees: 97
  • CFD Mello Roos Fee Frequency: Semi-Annually

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Level, Slope Gentle
  • Assessments: Special Assessments
  • Assessor Parcel Number: 121-141-20-00
  • Estimated Lot Sq Ft: 340639
  • Estimated Number of Acres: 7.82
  • Other Structures: Shed, Guest House, Gazebo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 15, 2021
Sold by
Chou Lydia Y and Lydia Y Chou Trust
Bought by
Batali Brent and Batali Lenila
Seller's Agent
Karen Van Ness
eXp Realty of California, Inc.
Buyer's Agent
Andrea Burke
Cashin Company
List Price
$1,495,000
Sold Price
$1,420,000
Premium/Discount to List
-$75,000
-5.02%
Current Estimated Value
$1,583,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,333
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,065,000
Outstanding Balance
$983,535
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$599,798

Purchase Details

Closed on
Apr 7, 2021
Sold by
Chou Lydia
Bought by
Chou Lydia Y and Lydia Y Chou Trust

Purchase Details

Closed on
Aug 16, 2010
Sold by
King Patricia A and King Christopher K
Bought by
Chou Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Zachbauer Johannes C and Vonwilke Zachbauer Ingrid O
Bought by
King Christopher K and King Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2000
Sold by
Thon Ronald P and Thon Carol A
Bought by
Zachbauer Johannes C and Vonwilke Zachbauer Ingrid O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Batali Brent $1,420,000 Chicago Title Company
Chou Lydia Y -- None Available
Chou Lydia $914,500 First American Title Company
King Christopher K $1,300,000 Fidelity National Title Co
Zachbauer Johannes C $1,062,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batali Brent $1,065,000
Previous Owner Chou Lydia $750,000
Previous Owner Chou Lydia Y $575,200
Previous Owner Chou Lydia $585,000
Previous Owner King Patricia A $146,240
Previous Owner King Christopher K $975,000
Previous Owner Zachbauer Johannes C $85,000
Previous Owner Zachbauer Johannes C $25,000
Previous Owner Zachbauer Johannes C $750,000
Previous Owner Thon Ronald P $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,420,000 -5.0% $286 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $1,495,000 0.0% $301 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,495,000 -- $301 / Sq Ft
Source: San Diego MLS

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 $12,033 $1,139,562 $397,953 $741,609
2024 $12,033 $1,117,218 $390,150 $727,068
2023 $11,354 $1,065,900 $382,500 $683,400
2022 $11,359 $1,045,000 $375,000 $670,000
2021 $9,897 $929,803 $177,537 $752,266
2020 $9,972 $920,270 $175,717 $744,553
2019 $9,774 $902,226 $172,272 $729,954
2018 $9,625 $884,537 $168,895 $715,642
2017 $9,435 $867,194 $165,584 $701,610
2016 $9,198 $850,191 $162,338 $687,853
2015 $9,052 $837,421 $159,900 $677,521
2014 $8,879 $821,018 $156,768 $664,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210028240

San Diego MLS

APN: 121-141-20