NOT LISTED FOR SALE

5045 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $718,000 - $1,542,000

6.9 Acres
$156,075 Price per Acre
300,564 Sq Ft Lot

Last Sold June 10, 2019

Last sale price $200,000 $61 Per Sq Ft

Est. 438% increase in value since last sale

Current estimated payment $5,903/month

58 Days on Market

About This Lot

As of June 2019

Priced to sell, buy all 3 Parcels 11, 12, 13 or 1 Part of a Minor Subdivision Map, each approved for 3 Bedroom Septic System per the Map. No Septic Layouts recorded or Finaled with the County of San Diego. Located directly across from the Privately Gated Community of Rolling Hills Estate, this 6.90 acre property is partly groved, and is situated on the West side of Fallbrook. Neighborhoods: Fallbrook Other Fees: 0

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 02/19/2019

Compass

Co-Listed By

Joe Mears

Rainbow Real Estate License #00591201

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,311

Lot Details

  • 6.9 Acre Lot
  • Property is zoned AGRICULTUR

Listing and Financial Details

  • Assessor Parcel Number 1234701300

Property Details

Property Type

Land

Est. Annual Taxes

$2,311

Lot Details

0

Listing Details

  • Subdivision Name Other: Fallbrook
  • Zoning: AGRICULTUR
  • Property Type: Land
  • Parcel Number: 1234701300
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.67

Exterior Features

  • Fence: No

Lot Info

  • Lot Size Sq Ft: 300564.00
  • Lot Size Acres: 6.9000

Multi Family

  • Lot Size Area: 300564.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Provost Cameron and Provost Michelle
Bought by
Provost Cameron and Provost Michelle
Current Estimated Value
$1,076,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$1,151,681
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$74,766

Purchase Details

Closed on
Dec 30, 2022
Sold by
Black Family Trust
Bought by
Provost Cameron and Provost Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1994
Sold by
Black Milton E and Black Mania S
Bought by
Black Milton E and Black Mania S
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Provost Cameron -- Lawyers Title
Provost Cameron $650,000 Ticor Title
Black Milton E -- --
Black Milton E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provost Cameron $1,170,000
Previous Owner Provost Cameron $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $200,000 0.0% $61 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $200,000 -- $61 / 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 $2,311 $210,073 $140,119 $69,954
2024 $2,311 $205,955 $137,372 $68,583
2023 $3,979 $366,546 $65,286 $301,260
2022 $3,979 $359,359 $64,006 $295,353
2021 $3,849 $352,313 $62,751 $289,562
2020 $3,877 $348,701 $62,108 $286,593
2019 $3,802 $341,865 $60,891 $280,974
2018 $3,745 $335,163 $59,698 $275,465
2017 $3,672 $328,592 $58,528 $270,064
2016 $3,583 $322,150 $57,381 $264,769
2015 $3,527 $317,312 $56,520 $260,792
2014 $3,462 $311,097 $55,413 $255,684
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patrick Marelly

    Compass

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Joe Mears

    Rainbow Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190009438

California Regional Multiple Listing Service (CRMLS)

APN: 123-470-10

California San Diego County Fallbrook 92028

5045 Olive Hill Rd, Fallbrook, CA

This home is located at 5045 Olive Hill Rd, Fallbrook, CA 92028 since 19 February 2019 and is currently estimated at $1,076,915, approximately $330 per square foot. 5045 Olive Hill Rd is a home located in San Diego County with nearby schools including Fallbrook STEM Academy, James E. Potter Intermediate School, and Fallbrook High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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