Laura Jewett

Laura Jewett

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$650,000

($223,190 down)
FHA

23675 Continental Drive, Canyon Lake, CA 92587

3
2
1,476 sqft
PITI Monthly
$3,091.49 /mo

Listing courtesy of: Robert Grable, eXp Realty of California Inc.

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,921 /mo
$3,117 /mo

What's Special

GATED COMMUNITY
DINING
SPACIOUS
FIREPLACE
COZY
SOLAR PANELS
TURNKEY

Welcome to Canyon Lake – A Premier Guard-Gated Community This beautiful corner-lot home offers the perfect blend of comfort and convenience, featuring RV and boat parking, 3 spacious bedrooms, and 2 bathrooms. The open-concept kitchen flows seamlessly into the living room, complete with a cozy fireplace, creating a warm and inviting space for family and friends. This turnkey property is ready for its new owners and is conveniently located near parks and beaches. The home also has solar panels. Canyon Lake Residents can also enjoy access to an array of exceptional amenities, including: A 400-acre private waterski and fishing lake 16 parks, most with beaches and play areas Basketball, baseball, pickleball courts, and an equestrian center An 18-hole golf course, swimming pools, and a dog park A BMX pump track, slalom course, and a ski jump Golf cart-friendly streets and miles of scenic trails for hiking, biking, and horseback riding On-site dining options and year-round community events Don’t miss this opportunity to live in one of Southern California’s most sought-after resort-style communities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$3,091.49/mo
Estimated Loan Balance
$450,102
Cash to close
$223,190
Interest Paid
$44,078

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban, Pool
HOA
  • Has HOA: Yes
  • HOA Name: CLPOA
  • HOA Amenities: Unknown
  • HOA Fee: $303
  • HOA Frequency: $Monthly
Location
  • Region: Canyon Lake

Financial Details

  • Price per Sqft: $440.38
  • Tax Annual Amount: $8125
  • On Market Date: 2025-03-13T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $223,190 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $223,190!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$426,810
Your Cash$223,190
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,921/mo
Traditional @ 7.5%
$3,233/mo
You save $1,312/month ($15,747/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25056466

Listing From:

Last updated: 2025-03-18T17:36:28.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,921 /mo
$3,117 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $223,190 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $223,190!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$426,810
Your Cash$223,190
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,921/mo
Traditional @ 7.5%
$3,233/mo
You save $1,312/month ($15,747/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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