NOT LISTED FOR SALE

22600 Inspiration Point Canyon Lake, CA 92587

Estimated Value: $817,000 - $880,000

4 Beds
3 Baths
2,329 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $675,000 $290 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,089/month

Highlights

  • Lake View
  • Main Floor Bedroom
  • Community Pool
  • Community Lake
  • Furnished
  • 1-minute walk to Vacation Park

About This Home

As of March 2024

Great opportunity to rent a house on Inspiration Point overlooking Canyon Lake with fantastic sunset views from back yard and snow capped mountain views from front yard! Large lot (steep) completely fenced in. Master bedroom with bathroom on 1st floor. 3 bedrooms and two bathrooms downstairs on lower level. Lots of storage space underneath house. Two large balconies facing west gives you space to relax and enjoy the best lake and sunset views. Loan lord pays HOA. Canyon Lake offers, a private 24 hour Guard Gated Community with 383 Acres of Real Lake and 14.9 miles of shore line where you can vacation & live all year round doing things like Fishing, Waterskiing, Wakeboarding, Golfing, Boating, Swimming, playing Tennis and Basketball and so much more. There's a Club House and a Private Lodge with Restaurant, Bar, Banquet rooms, Pool, Plus there are Beaches, Parks, Tennis and Basketball courts, 18 Hole SCGA Golf Course, Equestrian Facilities, and RV Campground.

Last Agent to Rent the Property

Raj Gudapati

Countrywide Group Brokerage Phone: 714-606-2600 License #01897788 Listed on: 03/09/2024

Last Renter's Agent

Raj Gudapati

Countrywide Group Brokerage Phone: 714-606-2600 License #01897788 Listed on: 03/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,193

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Canyon
  • Hills

Interior Spaces

  • 2,329 Sq Ft Home
  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,360
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/9/24
  • Tax Lot 326
  • Tax Tract Number 3718
  • Assessor Parcel Number 353112031

Community Details

Overview

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee
  • Community Lake

Recreation

  • Community Pool
  • Park
  • Dog Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,193

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-03-09
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3360
  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 353112031
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2329.00 Square Feet
  • Stories: 2
  • Entry Location: Street Facing
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.44
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Canyon, Hills, Lake, Water
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Dog Park, Hiking, Lake, Horse Trails, Park, Watersports

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 427.16
  • Tax Lot: 326
  • Tax Tract Number: 3718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jun 30, 2021
Sold by
Gudapati Rajeswara Rao and Gudapati Sandhya Rani
Bought by
Gudapati Rajeswara and Gudapati Sandhya
Seller's Agent
Franco Pepe
Fortune Real Estate Enterprise
Buyer's Agent
Raj Gudapati
Countrywide Group
List Price
$679,000
Sold Price
$675,000
Premium/Discount to List
-$4,000
-0.59%
Current Estimated Value
$804,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,732
Avg. Annual Appreciation
4.20%

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 9, 2021
Sold by
Pepe Frank and Talexmia Living Trust
Bought by
Gudapati Rajeswara Rao and Gudapati Sandhya Rani
Seller's Agent
Franco Pepe
Fortune Real Estate Enterprise
Buyer's Agent
Raj Gudapati
Countrywide Group
List Price
$679,000
Sold Price
$675,000
Premium/Discount to List
-$4,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$483,148
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$321,584

Purchase Details

Closed on
Nov 6, 2016
Sold by
Pepe Frank and Pepe Franco
Bought by
Pepe Frank

Purchase Details

Closed on
Oct 22, 2014
Sold by
Biehle Brooke Pamela
Bought by
Pepe Franco

Purchase Details

Closed on
Dec 2, 2002
Sold by
Gray M Pamela and Gray Pamela
Bought by
Gray M Pamela

Purchase Details

Closed on
Sep 25, 1998
Sold by
Rowan William F and Rowan Paula J
Bought by
Gray Walter and Pamela Gray M
Source: Public Records

Range of Values:

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Average Value
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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
Gudapati Rajeswara -- None Available
Gudapati Rajeswara Rao $675,000 Orange Coast Title Company
Pepe Frank -- None Available
Pepe Franco $325,000 Ticor Title Company
Gray M Pamela -- --
Gray Walter $285,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudapati Rajeswara Rao $532,000
Previous Owner Rowan William F $95,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Off Market $3,500 -- --
06/03/2025 06/03/25 For Rent $3,500 +4.2% --
03/22/2024 03/22/24 Rented $3,360 0.0% --
03/09/2024 03/09/24 For Rent $3,360 0.0% --
05/07/2021 05/07/21 Sold $675,000 -0.6% $290 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $679,000 -- $292 / 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 $8,193 $730,639 $219,191 $511,448
2023 $8,193 $702,270 $210,681 $491,589
2022 $7,786 $688,500 $206,550 $481,950
2021 $4,367 $360,850 $133,237 $227,613
2020 $4,321 $357,151 $131,871 $225,280
2019 $3,985 $350,149 $129,286 $220,863
2018 $3,901 $343,284 $126,751 $216,533
2017 $3,814 $336,554 $124,266 $212,288
2016 $3,660 $329,956 $121,830 $208,126
2015 $3,618 $325,000 $120,000 $205,000
2014 $3,866 $358,000 $126,000 $232,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24048242

California Regional Multiple Listing Service (CRMLS)

APN: 353-112-031