NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 17 Kings Beach, CA 96143

Estimated Value: $651,000 - $698,000

2 Beds
2 Baths
1,356 Sq Ft
$664/mo HOA Fee

Last Sold December 04, 2023

Last sale price $650,000 $479 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,132/month

130 Days on Market

Highlights

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

About This Home

As of December 2023

Prepare yourself for what is arguably one of the most exceptional units in the entire Kingswood complex, this home soars above the rest at an incredible new price! Every inch of this property has been thoughtfully curated with designer finishes that create a truly luxurious atmosphere. The fully updated bathrooms are light and bright, featuring soapstone and granite countertops, as well as custom tile showers and elegant light fixtures. The enclosed loft area adds a unique touch other units don't have, creating a third treetop bedroom that is both charming and functional. This enclosed loft area boasts a versatile murphy bed and custom closets, transforming this unit into a spacious 3-bedroom home. Additional features of this remarkable condo include smart appliances, a wine fridge, voice command lighting and blinds, as well as newer furnace, water heater, and washer/dryer. The custom shadow black California closets, hardwood oak flooring, and whitewashed beams add a touch of elegance to the space. The one of a kind chef's walk-in pantry is a dream come true for any culinary enthusiast. This unit truly stands out from the rest, offering a level of sophistication and style that is hard to find elsewhere. Just 1 mile away from the crystal-clear waters of Lake Tahoe, 5 minutes from the slopes of Northstar, and surrounded by hiking and biking trails in every direction, outdoor enthusiasts will find themselves in paradise. Unlike other properties, this condo offers full-time TART connections right outside your front door, ensuring easy access to the lake, ski resorts and dining. This chic condo is perfectly situated in the heart of the High Sierra. Don't miss the opportunity to experience the beauty and luxury this affordable home has to offer. Visit today and you won't want to leave!

Last Agent to Sell the Property

Ryan Stokes

COMPASS License #01947442 Listed on: 06/23/2023

COMPASS

Last Buyer's Agent

David Abarta

Coldwell Banker Realty License #02100378

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,955

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 7,405

HOA Fees

  • $664 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,356 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Utility District

Community Details

Overview

  • North Laketahoe Community

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,955

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: HWY 267, left on Commonwealth, 1st right into complex, unit on right
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1970
  • Cross Street: Hwy 267
  • Other: Pantry, High Ceilings, Phone, Cable TV, Swimming Pool, Tennis Court, High Speed Internet, Sauna
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Property Condition: Extensive Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, Wood, CFAH
  • Estimated Sq Ft: 1356
  • Stories: Three
  • Gas: Natural
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Loft
  • Fireplace: Living Room, Stone
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Wood

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: 664
  • HOA Fee Frequency: M
  • HOA Transfer Fee: Y
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 28, 2023
Sold by
Schooler Robert L
Bought by
Shannon Patrick Taylor and Shannon Hannah
Seller's Agent
Ryan Stokes
COMPASS
Buyer's Agent
David Abarta
Coldwell Banker Realty
List Price
$735,000
Sold Price
$650,000
Premium/Discount to List
-$85,000
-11.56%
Total Days on Market
130
Views
158
Current Estimated Value
$677,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,890
Avg. Annual Appreciation
2.30%
Original Mortgage
$350,000
Outstanding Balance
$346,307
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$326,109

Purchase Details

Closed on
Aug 24, 2009
Sold by
The Lambert Family Trust
Bought by
Mbp Irrevocable Trust

Purchase Details

Closed on
May 26, 2009
Sold by
Not Provided
Bought by
The Lambert Family Trust As Amended & Re

Purchase Details

Closed on
Jul 30, 1998
Sold by
Kelly Smith Linda and Kelly Gailerd S
Bought by
Schooler Robert L

Purchase Details

Closed on
Jul 24, 1997
Sold by
Smith Peter J and Smith Dana C
Bought by
Smith Linda Kelly and Smith Gailero S

Purchase Details

Closed on
Jun 20, 1996
Sold by
Smith Linda Kelly
Bought by
Smith Linda Kelly
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
Shannon Patrick Taylor $650,000 First American Title
Mbp Irrevocable Trust $116,000 None Available
The Lambert Family Trust As Amended & Re $116,000 None Available
Schooler Robert L $137,000 First American Title Ins Co
Smith Linda Kelly -- --
Smith Linda Kelly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Patrick Taylor $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $650,000 -1.2% $479 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $658,000 -5.9% $485 / Sq Ft
08/30/2023 08/30/23 Price Changed $699,000 -4.9% $515 / Sq Ft
06/23/2023 06/23/23 For Sale $735,000 -- $542 / 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 $7,955 $206,413 $41,424 $164,989
2022 $3,094 $202,366 $40,612 $161,754
2021 $2,995 $198,399 $39,816 $158,583
2020 $2,987 $196,365 $39,408 $156,957
2019 $3,378 $192,516 $38,636 $153,880
2018 $2,992 $188,742 $37,879 $150,863
2017 $2,942 $185,042 $37,137 $147,905
2016 $2,903 $181,414 $36,409 $145,005
2015 $2,853 $178,690 $35,863 $142,827
2014 $2,786 $175,191 $35,161 $140,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230965

Tahoe Sierra Board of REALTORS®

APN: 111-200-017