Dan Kaercher

Dan Kaercher

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Pending

$615,000

($199,322 down)
FHA

35216 Caraway Court, Lake Elsinore, CA 92532

4
3
1,963 sqft
PITI Monthly
$3,117.17 /mo

Listing courtesy of: John Hill, Coldwell Banker Assoc.Brks-CL

Assumed Rate

6.36%
7.15%

Principal & Interest

$2,649 /mo
$2,873 /mo

What's Special

SERENE
SPACIOUS
PATIO

Welcome to this beautiful home in the desirable Canyon Hills Community, set on a large elevated lot with a gorgeous View! This spacious home features a convenient downstairs bedroom and bathroom, perfect for guests or office.The open-concept kitchen is a chef's dream, with ample counter space, and plenty of storage. Enjoy the serene surroundings from your backyard, detached pergola and covered patio. This home also has potential for RV parking making this home the perfect retreat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
27 years, 10 months
Monthly PITI
$3,117.17/mo
Estimated Loan Balance
$418,306
Cash to close
$199,322
Interest Paid
$57,898

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, SeeRemarks
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Concrete
Condition
  • Year Built: 2014
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Cottonwood Canyon Hills
  • HOA Amenities: Unknown
  • HOA Fee: $135
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $313.3
  • Tax Annual Amount: $7687.5
  • On Market Date: 2024-12-27T00:00:00.000Z
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 $199,322 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $199,322!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$415,678
Your Cash$199,322
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,649/mo
Traditional @ 7.5%
$2,980/mo
You save $330/month ($3,965/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24247468

Listing From:

Last updated: 2025-03-28T18:51:44.000Z

© , 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

6.36%
7.15%

Principal & Interest

$2,649 /mo
$2,873 /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 $199,322 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $199,322!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$415,678
Your Cash$199,322
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,649/mo
Traditional @ 7.5%
$2,980/mo
You save $330/month ($3,965/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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