NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 140 Kings Beach, CA 96143

Kings Beach Area

Estimated Value: $580,000 - $644,559

2 Beds
2 Baths
1,422 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: May 1, 2023

Last sale price $670,000 $471 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,499 / mo

5 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Loft
  • Kings Beach Elementary School Rated A-
  • Mountain Architecture
  • Furnished

About This Home

As of May 2023

The perfect Lake Tahoe escape! Located in Kings Beach and just minutes to the lifts at Northstar for epic winter adventures and the shores of Lake Tahoe for so much summer fun. Situated in the Kingswood neighborhood, the HOA provides snow removal for easy living as well as a swimming pool, wading pool, two saunas, a gym, three tennis courts and more. This spacious condo has two large bedrooms, two updated bathrooms, a loft and a sitting area/office, providing plenty of sleeping space. The open floor plan features an updated kitchen, high beam ceilings and a wood burning stove for chilly winter nights. Two decks and two large lawn areas are the perfect place to entertain in the summer and there is even a boat lot and kayak storage for owners from the spring to fall. Used as a short term rental with a great rental history and well-loved by the current owners, the possibilities are endless – it’s time to come enjoy the adventure of Tahoe living!

Last Agent to Sell the Property

Chris & Brooke Hernandez

COMPASS License #01477359 Listed on: 03/25/2023

COMPASS

Last Buyer's Agent

Tiffany Grimes

Mountain Luxury Properties License #01195216

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 871

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,422 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wood Burning Stove
  • Den
  • Loft
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • 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

Year Built

Built in 1973

Lot Details

871 Sq Ft Lot

HOA Fees

$554 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: 267. Right on Cambridge. Left into Kingswood Village. Unit is on the left.
  • Number of Acres: 0.02
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1973
  • Other: High Ceilings, Rental History
  • Sewer: Utility District
  • Architecture: Mountain
  • Gated: No
  • Out Buildings: No
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 1422
  • Stories: Three
  • Gas: Natural
  • Water: Metered, Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Den
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 2
  • Wood Stove: Living Room
  • Floor Coverings: Carpet, Vinyl

Exterior Features

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

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts
  • HOA Fees: 554
  • HOA Fee Frequency: Month
  • HOA Transfer Fee: 350
  • HOA Membership: Y
  • HOA Website: https://www.kvpoa.org/forms-documents

Fee Information

  • Mello Roos Fees: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 14, 2023
Sold by
Bought by
Seller's Agent
Chris & Brooke Hernandez
COMPASS
Buyer's Agent
Tiffany Grimes
Mountain Luxury Properties
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%
Views
16
Current Estimated Value
$605,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,860
Avg. Annual Appreciation
-3.08%
Original Mortgage
$636,500
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
0.0364%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$670,000 Placer Title
$290,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $636,500
Previous Owner $174,600
Previous Owner $203,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $670,000 -0.7% $471 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $675,000 -- $475 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,777 $599,000 $143,000 $456,000
2025 $8,177 $620,000 $148,100 $471,900
2023 $8,177 $334,996 $103,962 $231,034
2022 $4,457 $328,428 $101,924 $226,504
2021 $4,304 $321,989 $99,926 $222,063
2020 $4,299 $318,689 $98,902 $219,787
2019 $4,332 $312,441 $96,963 $215,478
2018 $3,912 $306,315 $95,062 $211,253
2017 $3,838 $300,310 $93,199 $207,111
2016 $3,792 $294,422 $91,372 $203,050
2015 $2,204 $153,235 $20,315 $132,920
2014 -- $150,235 $19,918 $130,317
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Grimes

    Buyer's Agent in 2023

    Tiffany Grimes

    Mountain Luxury Properties

    (916) 801-3044

    60 Total Sales

    Tiffany Grimes
    Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230253

Tahoe Sierra Board of REALTORS®

APN: 111-240-037

California Placer County Kings Beach 96143

1001 Commonwealth Dr Unit 140, Kings Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tahoe Sierra Board of REALTORS® The data relating to real estate for sale on this web site comes from the Broker
Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

The information being provided is for the consumers personal , non-commercial
use and may not be used for any other purpose other than to identify prospective
properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

© Copyright 2026 Tahoe Sierra Multiple Listing Service. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.