NOT LISTED FOR SALE

5247 Olive Hill Rd Fallbrook, CA 92028

Estimated Value: $2,726,000 - $3,315,000

5 Beds
5.5 Baths
5,788 Sq Ft
$519/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $2,500,000 $432 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,979/month

116 Days on Market

Highlights

  • Home Theater
  • Automatic Gate
  • Gated Community
  • Solar Heated In Ground Pool
  • Panoramic View
  • 6.4 Acre Lot

About This Home

As of December 2014

PEND as of 11/7, accepting back up offers! This fresh and timeless masterpiece is loaded with endless amenities and beauty that you and your horses will fall deeply in love with. No expense was spared in its re-creation over the last several years. The current owner has retired from breeding horses from world famous bloodlines such as Misironek (known from such films as Black Beauty and The Black Stallion) and El Patron from this unparalleled equestrian estate. Neighborhoods: Miles Ranch Equipment: Dryer,Fire Sprinklers, Range/Oven, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL Guest House Est. SQFT: 800

Last Agent to Sell the Property

Jeff Underdahl

eXp Realty of Southern CA License #01077484 Listed on: 07/14/2014

eXp Realty of Southern CA

Last Buyer's Agent

Fred Bevi

Keller Williams Realty License #01293673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,672

Year Built

  • Built in 2006

Lot Details

  • 6.4 Acre Lot
  • Cross Fenced
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 100 Open Parking Spaces
  • 7 Car Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 5,788 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Workshop

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1260101700

Community Details

Overview

  • Olive Hills Estates Association
  • Olive Hill Estates

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,672

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Parking

7

Listing Details

  • Park Name: Olive Hill Estates
  • Property Attached: No
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1260101700
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5788.00
  • Stories: 2
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 431.93
  • Room Type: Main Floor Bedroom, Bonus Room, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Library, Loft, Retreat, Media Room, Office, Workshop
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Cross Fenced
  • Patio And Porch Features: Covered, Deck, Enclosed, Slab
  • Pool Features: Heated, Solar Heat, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Gated, Driveway
  • Total Parking Spaces: 107.00
  • Uncovered Spaces: 100.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater, Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Association Name: Olive Hills Estates
  • Phone: ask LA

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Acres: 6.4000

Multi Family

  • Lot Size Area: 6.4000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2022
Sold by
Richard Ellsworth Redding Jr Trust
Bought by
Richard Ellsworth Redding Jr Trust
Current Estimated Value
$3,005,657

Purchase Details

Closed on
Jun 26, 2015
Sold by
Redding Richard E
Bought by
Redding Richard E

Purchase Details

Closed on
May 21, 2002
Sold by
Hamilton Terry Ross
Bought by
Hamilton Terry Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.89%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Hamilton Terry R
Bought by
Hamilton Terry Ross

Purchase Details

Closed on
Jun 17, 1999
Sold by
Czar Ranch Inc
Bought by
Hamilton Terry R

Purchase Details

Closed on
Mar 4, 1983
Source: Public Records

Range of Values:

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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
Richard Ellsworth Redding Jr Trust -- First American Title
Redding Richard E -- None Available
Hamilton Terry Ross -- Chicago Title Co
Hamilton Terry Ross -- Chicago Title Co
Hamilton Terry Ross -- --
Hamilton Terry R $485,000 California Title Company
-- $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard E Redding June 26 2015 $219,200
Previous Owner Hamilton Terry Ross $200,000
Previous Owner Hamilton Terry Ross $1,400,000
Previous Owner Hamilton Terry Ross $1,370,000
Previous Owner Hamilton Terry Ross $322,700
Previous Owner Hamilton Terry Ross $65,000
Previous Owner Hamilton Terry Ross $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $2,500,000 0.0% $432 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $2,500,000 -- $432 / 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
2024 $27,672 $2,633,570 $1,632,035 $1,001,535
2023 $27,071 $2,581,933 $1,600,035 $981,898
2022 $6,069 $566,259 $509,635 $56,624
2021 $5,964 $555,157 $499,643 $55,514
2020 $5,918 $549,465 $494,520 $54,945
2019 $5,809 $538,692 $484,824 $53,868
2018 $5,838 $528,130 $475,318 $52,812
2017 $5,726 $517,776 $465,999 $51,777
2016 $5,594 $507,624 $456,862 $50,762
2015 $5,509 $500,000 $450,000 $50,000
2014 $10,300 $954,490 $175,528 $778,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140044520

California Regional Multiple Listing Service (CRMLS)

APN: 126-010-17