NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 183 Kings Beach, CA 96143

Estimated Value: $488,000 - $541,000

2 Beds
2 Baths
979 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: September 26, 2023

Last sale price $546,300 $558 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,866 / mo

26 Days on Market

Highlights

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

About This Home

As of September 2023

Your Kings Beach Getaway has arrived! Very desirable unit location with great deck views! Just minutes from the Beach and Northstar! Beat the winter ski traffic! Enjoy the low maintenance lifestyle of condo living. Complete with 2 bedrooms, 2 full baths. All amenities are right out your door including onsite gym, large swimming pool with a kiddie pool and 3 tennis courts. Enjoy coffee on one of 2 large decks overlooking the woods and along the creek. Enjoy hikes throughout N. Lake’s expansive trail system right out your backyard. Look no Further! Grab your STR permit while supplies last and enjoy a vacation/income home in North Lake Tahoe!

Last Agent to Sell the Property

Joan Johnson

eXp Realty of California, Inc License #02096498 Listed on: 07/29/2023

eXp Realty of California, Inc

Last Buyer's Agent

Kelly Smith

Centr-21 Tahoe North, Realtors License #01100871

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Lot Sloped Down

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 979 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room with Fireplace
  • Carpet
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • 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 1974

Lot Details

6,098 Sq Ft Lot

HOA Fees

$554 per month

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Service Type: Full Service
  • Setting: River/Creek
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 1974
  • Other: High Ceilings
  • Sewer: Utility District
  • Architecture: Mountain
  • Gated: No
  • Property Condition: Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 979
  • Stories: Three
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Stone
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Carpet, Mixed

Exterior Features

  • View: Wooded, River/Creek
  • 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
  • HOA Fees: 554
  • HOA Fee Frequency: M
  • HOA Membership: Y
  • HOA Website: www.kvpoa.org

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 21, 2023
Sold by
Moore John and Moore Marilyn
Bought by
Barnard-Cahill Family Trust and Barnard
Seller's Agent
Joan Johnson
eXp Realty of California, Inc
Buyer's Agent
Kelly Smith
Centr-21 Tahoe North, Realtors
List Price
$595,000
Sold Price
$546,300
Premium/Discount to List
-$48,700
-8.18%
Views
76
Current Estimated Value
$516,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,007
Avg. Annual Appreciation
-2.17%
Original Mortgage
$409,725
Outstanding Balance
$401,035
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$115,258

Purchase Details

Listed on
Apr 15, 2020
Closed on
Apr 29, 2020
Sold by
Fanucchi Gene and Fanucchi Beryl
Bought by
Moore John and Moore Marilyn
Seller's Agent
Tom Mills
Coldwell Banker Realty
Buyer's Agent
Tom Mills
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Yazidi Abdel Majid and Yazidi Anette
Bought by
Fanucchi Gene and Fanucchi Beryl

Purchase Details

Closed on
Aug 3, 2005
Sold by
Armitage Colin W
Bought by
Yazidi Abdel Majid and Yazidi Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2005
Sold by
Armitage Colin W
Bought by
Armitage Colin W

Purchase Details

Closed on
May 4, 2000
Sold by
Armitage Colin W and Lim Sylvia
Bought by
Armitage Colin W and Armitage Sylvia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnard-Cahill Family Trust $546,500 First American Title
Moore John $322,000 First American Title Company
Fanucchi Gene $188,500 Fidelity National Title Comp
Yazidi Abdel Majid $385,000 First American Title
Armitage Colin W -- --
Armitage Colin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnard-Cahill Family Trust $409,725
Previous Owner Yazidi Abdel Majid $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2023 09/26/23 Sold $546,300 -8.2% $558 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $595,000 +83.1% $608 / Sq Ft
05/04/2020 05/04/20 Sold $325,000 0.0% $332 / Sq Ft View Prior Sale
04/19/2020 04/19/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $325,000 -- $332 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $6,861 $557,226 $163,200 $394,026
2023 $6,861 $338,476 $141,907 $196,569
2022 $4,494 $331,840 $139,125 $192,715
2021 $4,340 $325,335 $136,398 $188,937
2020 $3,203 $216,486 $63,164 $153,322
2019 $3,223 $212,242 $61,926 $150,316
2018 $2,831 $208,081 $60,712 $147,369
2017 $2,778 $204,002 $59,522 $144,480
2016 $2,742 $200,003 $58,355 $141,648
2015 $2,688 $197,000 $57,479 $139,521
2014 $2,616 $193,142 $56,354 $136,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231347

Tahoe Sierra Board of REALTORS®

APN: 111-260-019

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