NOT LISTED FOR SALE

Estimated Value: $1,578,975 - $1,827,000

4 Beds
3.5 Baths
3,576 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $1,425,000 $398 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,677/month

7 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Gated Community
  • Salt Creek Elementary School Rated A-
  • Panoramic View
  • 11,000 Acre Lot

About This Home

As of August 2023

Welcome to this absolutely gorgeous home in a highly-sought-after gated community in Eastlake Vistas. This home sits on a 11,000 sqft-lot with beautiful views of Otay Lakes and surrounding mountains and it has a BEDROOM and FULL BATH DOWNSTAIRS. As you step through the inviting entrance, you are greeted by a grand foyer adorned with exquisite travertine flooring and an abundance of natural light streaming through the soaring windows. The open-concept design seamlessly integrates the living, dining, and kitchen areas, creating a harmonious flow that is perfect for both entertaining guests and enjoying everyday life. The spacious living room exudes sophistication, featuring a fireplace as its centerpiece, offering a cozy ambiance on cooler evenings. The adjoining dining area with surround sound throughout is ideal for hosting dinner parties. Prepare to be inspired in the gourmet chef's kitchen, equipped with stainless steel appliances, custom cabinetry, and a center island with a sleek quartz countertop. Whether you are a culinary enthusiast or simply enjoy cooking for loved ones, this kitchen is designed to meet your every need. For those seeking relaxation and rejuvenation, the master suite is a true sanctuary. This private retreat boasts a generous layout, a tranquil sitting area, and a spa-like en-suite bathroom complete with a jacuzzi tub, a glass-enclosed shower, and dual vanities. The primary suite also features a sizable walk-in closet, offering an abundance of storage space. The secondary bedrooms upstairs share a shower but they each have their own sinks area providing comfort and privacy for family members and guests alike. A versatile LOFT provides the perfect space for working from home or indulging in your favorite literary adventures. As you venture outside, you will discover a wrap-around backyard oasis, meticulously landscaped to create a serene environment for outdoor gatherings or quiet reflection with unbelievable VIEWS of Otay Lakes. Located in a prestigious and GATED neighborhood, 2864 Falling Waters offers convenient access to a myriad of amenities such as the Woods and Creekside pool, renowned schools, shopping centers, fine dining establishments, and recreational facilities. With easy access to the 125 freeway, commuting to nearby cities is a breeze, allowing you to enjoy the best of both worlds—tranquility and accessibility. Don't miss the opportunity to make 2864 Falling Waters your forever home. Experience the epitome of luxury living and embrace a lifestyle of elegance, comfort, and sophistication. Schedule a viewing today and prepare to be captivated by this extraordinary property.

Last Agent to Sell the Property

Raquel Fernandez

Real Estate eBroker, Inc. License #01945891 Listed on: 06/28/2023

Last Buyer's Agent

David Zarraonandia

Redfin Corporation License #01996655

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,224

Year Built

  • Built in 2004

Lot Details

  • 11,000 Acre Lot
  • Southwest Facing Home
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

Parking

  • 3 Car Attached Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Lake
  • Panoramic
  • Reservoir
  • Mountain

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development

Interior Spaces

  • 3,576 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Family or Dining Combination
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Tract Number 14564
  • Assessor Parcel Number 6436202400
  • $2,959 per year additional tax assessments

Community Details

Overview

  • Eastlake III Association, Phone Number (619) 421-1268
  • Colrich Association
  • Community Lake
  • Property is near a preserve or public land

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,224

Year Built

Built in 2004

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer, Fridge and TV in living-room.
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Vistas
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6436202400
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3576.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Open Floorplan, Pantry, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 398.49
  • Room Type: Bonus Room, Formal Entry, Jack & Jill, Main Floor Bedroom

Exterior Features

  • Direction Faces: Southwest
  • View: Lake, Mountain(s), Panoramic, Reservoir
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Colrich Association
  • Amenities: Banquet Facilities, Barbecue, Call for Rules, Clubhouse, Gym/Ex Room, Lake or Pond, Meeting Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 121.00
  • Association #2 Fee: 121.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Eastlake III
  • Phone: 619-421-1268
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Preserve/Public Land, Biking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size: 11,000
  • Lot Size Sq Ft: 479160000.00
  • Lot Size Acres: 11000.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11000.0000 Acres

Tax Info

  • Tax Tract Number: 014564
  • TaxOtherAnnualAssessmentAmount: 2959.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 2, 2023
Sold by
Jean-Marc Robert Theolier and Jean-Marc Emmanuelle
Bought by
Boiri Kamal and Boiri Aimee
Seller's Agent
Raquel Fernandez
Real Estate eBroker, Inc.
Buyer's Agent
David Zarraonandia
Redfin Corporation
List Price
$1,349,000
Sold Price
$1,425,000
Premium/Discount to List
$76,000
5.63%
Views
54
Current Estimated Value
$1,684,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,244
Avg. Annual Appreciation
7.78%
Original Mortgage
$1,138,500
Outstanding Balance
$1,111,875
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$572,369

Purchase Details

Closed on
Dec 28, 2015
Sold by
Theolier Jean Marc Robert and Theolier Emmanuelle Brigitte
Bought by
The Jean Marc Robert Theolier & Emmanuel

Purchase Details

Closed on
Apr 1, 2010
Sold by
2864 Falling Waters Ct Partnership
Bought by
Theolier Jean Marc R and Theolier Emmanuelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Francisco Nestor M and Francisco Marie Grace R
Bought by
2864 Falling Waters Ct Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2004
Sold by
Pulte Home Corp
Bought by
Francisco Nestor M and Francisco Marie Grace R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,389
Interest Rate
5.25%
Mortgage Type
Unknown
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
Boiri Kamal $1,425,000 Fidelity National Title
The Jean Marc Robert Theolier & Emmanuel -- None Available
Theolier Jean Marc R $720,000 Ticor Title Company
2864 Falling Waters Ct Partnership $620,000 National Title Ins Of Ny Inc
Francisco Nestor M $925,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boiri Kamal $1,138,500
Previous Owner Theolier Jean Marc R $460,000
Previous Owner Francisco Nestor M $693,389
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $1,425,000 +5.6% $398 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $1,349,000 -- $377 / 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 $19,224 $1,453,500 $816,000 $637,500
2024 $19,224 $1,425,000 $800,000 $625,000
2023 $13,308 $893,285 $322,576 $570,709
2022 $12,921 $875,770 $316,251 $559,519
2021 $12,647 $858,599 $310,050 $548,549
2020 $12,368 $849,796 $306,871 $542,925
2019 $12,076 $833,134 $300,854 $532,280
2018 $11,902 $816,799 $294,955 $521,844
2017 $11,704 $800,784 $289,172 $511,612
2016 $11,286 $785,083 $283,502 $501,581
2015 $11,076 $773,291 $279,244 $494,047
2014 $10,909 $758,144 $273,774 $484,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2303092

California Regional Multiple Listing Service (CRMLS)

APN: 643-620-24