NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 125 Kings Beach, CA 96143

Estimated Value: $624,000 - $648,000

2 Beds
2 Baths
1,422 Sq Ft
$554/mo HOA Fee

Last Sold May 19, 2023

Last sale price $599,000 $421 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,782/month

26 Days on Market

Highlights

  • View of Trees or Woods
  • Living Room with Fireplace
  • Loft
  • Kings Beach Elementary School Rated A-
  • Mountain Architecture
  • Furnished

About This Home

As of May 2023

Great opportunity to acquire a 2 bedroom/2 bath Kingswood Village unit at a bargain price. Good floorplan featuring an open living/dining/kitchen area and high vaulted pine ceilings with exposed beams. Spacious loft and separate "cubby" South facing orientation keeps the interior bright and cheery. Amenities include tennis/bocce/pickelball courts, pool, children's wading pool, fitness facility, and boat storage. Near hiking and biking trails and a short drive to Tahoe's sandy shores and Northstar Ski Area. OFFERED PRICE REFLECTS 'AS IS' CONDITION SALE.

Last Agent to Sell the Property

Tom Mills

Coldwell Banker Realty License #00756102 Listed on: 03/31/2023

Coldwell Banker Realty

Last Buyer's Agent

Tanaya Peck

Coldwell Banker Realty License #02121772

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1973

Lot Details

  • 7,405

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,422 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room with Fireplace
  • Loft
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,543

Year Built

Built in 1973

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: A LITTLE TRICKY...SEE AGENT REMARKS
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Fixer Upper
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1973
  • Zoning: CONDO
  • Cross Street: CAMBRIDGE
  • Other: High Ceilings, Cable TV, Tennis Court
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: No
  • Property Condition: Fixer
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1422
  • Stories: Three
  • Water Company: NTPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft
  • Fireplace: Living Room, Gas Fireplace
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 2
  • Wood Stove: None
  • Floor Coverings: Carpet, Vinyl

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Other/See Remarks
  • HOA Fees: 554
  • HOA Fee Frequency: MONTHLY
  • HOA Membership: Y
  • HOA Website: https://www.kvpoa.org/

Fee Information

  • Mello Roos Fees: Y

Lot Info

  • Lot Number: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 16, 2023
Sold by
Prudhel Living Trust
Bought by
Shugart Trust
Seller's Agent
Tom Mills
Coldwell Banker Realty
Buyer's Agent
Tanaya Peck
Coldwell Banker Realty
List Price
$599,000
Sold Price
$599,000
Total Days on Market
26
Views
42
Current Estimated Value
$641,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,264
Avg. Annual Appreciation
3.40%
Original Mortgage
$419,300
Outstanding Balance
$409,659
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$231,605

Purchase Details

Closed on
Aug 18, 2022
Sold by
Family Trust
Bought by
Prudhel Living Trust

Purchase Details

Closed on
Dec 28, 2007
Sold by
Prudhel Arthur J and Prudhel Frances E
Bought by
Prudhel Frances E

Purchase Details

Closed on
Dec 8, 1997
Sold by
Prudhel Arthur J and Prudhel Frances
Bought by
Prudhel Arthur J and Prudhel Frances E
Source: Public Records

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Range of Values:

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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
Shugart Trust $599,000 Fidelity National Title
Prudhel Living Trust -- None Listed On Document
Prudhel Frances E -- None Available
Prudhel Arthur J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shugart Trust $419,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $599,000 0.0% $421 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $599,000 -- $421 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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
2023 $7,543 $179,273 $35,676 $143,597
2022 $2,806 $175,759 $34,977 $140,782
2021 $2,719 $172,314 $34,292 $138,022
2020 $2,710 $170,548 $33,941 $136,607
2019 $2,725 $167,205 $33,276 $133,929
2018 $2,346 $163,927 $32,624 $131,303
2017 $2,301 $160,714 $31,985 $128,729
2016 $2,271 $157,563 $31,358 $126,205
2015 $2,226 $155,197 $30,887 $124,310
2014 $2,167 $152,157 $30,282 $121,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230271

Tahoe Sierra Board of REALTORS®

APN: 111-240-053