Seller's Agent in 2024
Scott Robeson
Compass
(858) 401-3077
1 in this area
34 Total Sales
5299 Olive Hill Rd Fallbrook, CA 92028
Estimated Value: $1,032,000 - $1,378,000
4
Beds
2.5
Baths
2,831
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Lake Front
- Panoramic View
- 2.65 Acre Lot
- Solar Power System
- Custom Home
- Property Near a Canyon
About This Home
As of August 2024$100,000 PRICE REDUCTION - PLUS up to $20,000 buyer credit towards 2/1 rate buy down/buyer incentives. Nestled in the serene setting of Fallbrook, CA, this single-family home at 5299 Olive Hill Rd offers exceptional living on 2.56 acres. Boasting 2831 square feet, it features 3 bedrooms with an optional 4th on the first floor, and 2.5 bathrooms. The property includes built-ins, curved stairs, and high ceilings, with open, eastern-facing panoramic mountain views. Inside, discover a renovated kitchen and bath with a blend of hardwood, tile, vinyl floors with the exception of carpeted stairs. The kitchen features a breakfast bar, granite counters, stainless steel appliances, and a wine cooler. The home also has chandeliers, recessed lighting, and 2 working fireplaces. Enjoy a walk-in closet and bathrooms with double sinks, granite finishes, and a separate shower and tub in the primary ensuite. Outside, private spaces include a balcony, patio, wrap-around terrace, and a well-maintained yard with a deck, fence, and inviting front and backyards. This home has a robust, paid-off solar system with 2 Tesla home batteries and monitoring software. The property also features a greenhouse with plumbing and full electrical, complete with its own sub panel. Amenities include a relatively new air conditioning unit, central heating, an attached garage, an electric gate, and a storage shed. This home is ready to welcome you.
Home Details
Home Type
- Single Family
Year Built
- Built in 1980
Lot Details
- 2.65 Acre Lot
- Lake Front
- Property Near a Canyon
- Open Space
- Security Fence
- Gated Home
- Property is Fully Fenced
- Chain Link Fence
- Level Lot
- Sprinklers on Timer
- Property is zoned R-1:SINGLE
HOA Fees
- $33 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Three Garage Doors
- Garage Door Opener
- Combination Of Materials Used In The Driveway
Property Views
- Pond
- Panoramic
- Woods
- Orchard Views
- Mountain
- Valley
Home Design
- Custom Home
- Traditional Architecture
- Clay Roof
- Stucco Exterior
Interior Spaces
- 2,831 Sq Ft Home
- 2-Story Property
- Fireplace
- Formal Entry
- Family Room
- Formal Dining Room
- Bonus Room
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Electric Oven
- Self-Cleaning Oven
- Electric Cooktop
- Stove
- Free-Standing Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Converted Bedroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Washer and Electric Dryer Hookup
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Pool Equipment or Cover
- Shed
Utilities
- Forced Air Heating and Cooling System
- ENERGY STAR Qualified Air Conditioning
- Vented Exhaust Fan
- Heating System Uses Propane
- Septic System
- Satellite Dish
Community Details
- Association fees include gated community
- Olive Hill Rd Association, Phone Number (760) 212-9112
Listing and Financial Details
- Assessor Parcel Number 126-010-15-00
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Aug 21, 2024
Sold by
Lowe Christy Lee
Bought by
Lowe Justin A
Seller's Agent
Scott Robeson
Compass
Buyer's Agent
Scott Robeson
Compass
List Price
$1,149,998
Sold Price
$994,500
Premium/Discount to List
-$155,498
-13.52%
Views
215
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,828
Avg. Annual Appreciation
14.93%
Original Mortgage
$795,600
Outstanding Balance
$784,465
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$418,863
Purchase Details
Listed on
Jun 13, 2024
Closed on
Aug 9, 2024
Sold by
Montalvo Jonathan and Montalvo Jennifer
Bought by
Lowe Justin A
Seller's Agent
Scott Robeson
Compass
Buyer's Agent
Scott Robeson
Compass
List Price
$1,149,998
Sold Price
$994,500
Premium/Discount to List
-$155,498
-13.52%
Views
215
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,600
Outstanding Balance
$784,465
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$418,863
Purchase Details
Listed on
Jul 27, 2020
Closed on
Oct 9, 2020
Sold by
Gomer Price Bethel And Paulette Frances and Bethel Gomer Price
Bought by
Montalvo Jonathan and Montalvo Jennifer
Seller's Agent
Patrick Marelly
Compass
Buyer's Agent
Roma Lovell
Century 21 Affiliated
List Price
$799,900
Sold Price
$771,940
Premium/Discount to List
-$27,960
-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
6.88%
Original Mortgage
$771,940
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Mar 13, 2008
Sold by
Wells Fargo Bank Na
Bought by
Bethel Gomer Price and Bethel Paulette F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.72%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 28, 2007
Sold by
Reed Dane
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Nov 2, 2005
Sold by
Howard Jerry D and Howard Karen L
Bought by
Reed Dana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 9, 2002
Sold by
Shipp Dale W and Shipp Christina R
Bought by
Howard Jerry D and Howard Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.12%
Purchase Details
Closed on
Jun 23, 2000
Sold by
Ellsworth Elizabeth A
Bought by
Shipp Dale W and Shipp Christina R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
8.55%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 14, 1987
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lowe Justin A | -- | Lawyers Title | |
| Lowe Justin A | $994,500 | Lawyers Title | |
| Montalvo Jonathan | $772,000 | Ticor Title | |
| Bethel Gomer Price | $545,000 | First American Title Ins Co | |
| Wells Fargo Bank Na | $616,500 | Lsi | |
| Reed Dana | $695,000 | First American Title | |
| Howard Jerry D | $455,000 | First American Title Co | |
| Shipp Dale W | $375,000 | Chicago Title Co | |
| -- | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lowe Justin A | $795,600 | |
| Previous Owner | Montalvo Jonathan | $771,940 | |
| Previous Owner | Bethel Gomer Price | $417,000 | |
| Previous Owner | Reed Dana | $69,500 | |
| Previous Owner | Reed Dana | $556,000 | |
| Previous Owner | Howard Jerry D | $345,000 | |
| Previous Owner | Shipp Dale W | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $994,500 | -0.5% | $351 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 07/26/2024 07/26/24 | Price Changed | $999,998 | -9.1% | $353 / Sq Ft | |
| 06/28/2024 06/28/24 | Price Changed | $1,099,998 | -4.3% | $389 / Sq Ft | |
| 06/13/2024 06/13/24 | For Sale | $1,149,998 | +49.0% | $406 / Sq Ft | |
| 11/03/2020 11/03/20 | Sold | $771,940 | -0.4% | $273 / Sq Ft | View Prior Sale |
| 10/08/2020 10/08/20 | Price Changed | $775,000 | -3.1% | $274 / Sq Ft | |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- | |
| 07/27/2020 07/27/20 | For Sale | $799,900 | -- | $283 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $6,882 | $994,500 | $410,572 | $583,928 |
| 2024 | $6,882 | $819,187 | $338,195 | $480,992 |
| 2023 | $6,788 | $803,125 | $331,564 | $471,561 |
| 2022 | $8,251 | $787,378 | $325,063 | $462,315 |
| 2021 | $8,178 | $771,940 | $318,690 | $453,250 |
| 2020 | $6,891 | $654,557 | $270,229 | $384,328 |
| 2019 | $6,761 | $641,724 | $264,931 | $376,793 |
| 2018 | $6,794 | $629,142 | $259,737 | $369,405 |
| 2017 | $6,661 | $616,807 | $254,645 | $362,162 |
| 2016 | $6,504 | $604,713 | $249,652 | $355,061 |
| 2015 | $6,403 | $595,630 | $245,902 | $349,728 |
| 2014 | $5,643 | $525,000 | $216,000 | $309,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Robeson
-
P
Seller's Agent in 2020
Patrick Marelly
Compass
-
Roma Lovell
R
Buyer's Agent in 2020
Roma Lovell
Century 21 Affiliated
(760) 212-8398
Map
Source: San Diego MLS
MLS Number: 240013546
APN: 126-010-15
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