NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 196 Kings Beach, CA 96143

Estimated Value: $645,000 - $710,000

3 Beds
2 Baths
1,566 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 18, 2024

Last sale price $710,000 $453 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,151 / mo

46 Days on Market

Highlights

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

About This Home

As of October 2024

Welcome to your new condo in Kings Beach, CA! This exceptional 3-bedroom, 2-bathroom condo offers a spacious 1566 square feet of living space and boasts a range of desirable features. Nestled within a serene wooded area and on Griff Creek, this fully furnished end unit provides a tranquil retreat with private deck space and stunning views of the surrounding greenbelt and sounds of the creek. As you step inside, you'll be greeted by an abundance of natural light that fills the open living areas, creating a warm and inviting ambiance. The interior has been thoughtfully updated throughout, including the floors and bathrooms, ensuring a stylish living environment. The well-maintained unit also includes a loft, offering ample space for the whole family to relax and unwind. Placer County still has a handful of short-term rental permits available, so if investment income is a preference, now is the time to act! Take advantage of the complex's array of amenities, including a pool, tennis courts, pickleball courts, and bocce ball, providing endless opportunities for leisure and recreation. Convenience is key, with the inclusion of a washer and dryer right in the unit, making laundry day a breeze. Additionally, this condo provides easy access to a variety of outdoor activities, including skiing, beach outings, and hiking and biking trails, making it an ideal choice for outdoor enthusiasts. Located in the heart of Kings Beach, this condo offers proximity to a wealth of amenities, including restaurants and entertainment options, ensuring you'll have everything you need within reach. Don't miss out on the opportunity to own one of the best units in the complex. Schedule a showing today and make this turnkey condo your own!

Last Agent to Sell the Property

Tracy Johnston

Compass License #01117997 Listed on: 08/06/2024

Compass

Last Buyer's Agent

Kate Wilkins

Compass License #01499860

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 8,712

Home Design

  • Mountain Architecture
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Carpet
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • No Garage
  • RV or Boat Parking

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 1972

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: Highway 267 to Commonwealth, right at the 2nd driveway, immediately turn left, drive to the end.
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1972
  • Cross Street: Highway 267
  • Other: High Ceilings
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: Y
  • Additional Public Remarks: Updates include: Custom Iron Railings, flooring throughout, lights in some closets, kitchen, bathrooms (except the showers), heater repalced in 2011, water heater is 3 years old, new windows.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1566
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Great Room
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bedrooms: 3
  • Floor Coverings: Carpet, Mixed

Exterior Features

  • View: Wooded, River/Creek
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None
  • Garage/Parking: Boat Storage

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts
  • HOA Fees: 664
  • HOA Membership: y
  • HOA Website: https://www.kvpoa.org/

Fee Information

  • Mello Roos Fees: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Oct 11, 2024
Sold by
Mark S Wetzell S and Mark Katherine A
Bought by
James S Casey And Evelyn M Casey Revocable Fa and Casey
Seller's Agent
Tracy Johnston
Compass
Buyer's Agent
Kate Wilkins
Compass
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Views
29
Current Estimated Value
$671,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,963
Avg. Annual Appreciation
-3.82%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Woods William W and Woods Sandra J
Bought by
Wetzell Mark and Wetzell Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Wetzell Mark and Wetzell Katherine
Bought by
Wetzell Mark S and Wetzell Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Woods William W and Woods Sandra J
Bought by
Woods William W and Woods Sandra J

Purchase Details

Closed on
Aug 6, 1999
Sold by
Hamiltonsmith Karen A
Bought by
Woods William W and Woods Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
James S Casey And Evelyn M Casey Revocable Fa $710,000 First American Title
Wetzell Mark $400,000 Placer Title Company
Wetzell Mark S -- Placer Title Company
Woods William W -- --
Woods William W $185,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetzell Mark $312,000
Previous Owner Woods William W $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $710,000 -1.3% $453 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $719,000 -4.0% $459 / Sq Ft
08/06/2024 08/06/24 For Sale $749,000 -- $478 / 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 $6,438 $710,000 $180,000 $530,000
2023 $6,438 $496,270 $173,692 $322,578
2022 $6,166 $486,540 $170,287 $316,253
2021 $5,947 $477,001 $166,949 $310,052
2020 $5,407 $422,000 $147,700 $274,300
2019 $5,588 $426,000 $149,100 $276,900
2018 $4,777 $385,000 $134,700 $250,300
2017 $4,550 $365,000 $127,700 $237,300
2016 $4,454 $354,000 $123,900 $230,100
2015 $4,214 $335,000 $117,300 $217,700
2014 $3,763 $298,000 $104,300 $193,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20241640

Tahoe Sierra Board of REALTORS®

APN: 111-260-006

Your Personal Tour Guide

Ask me questions while you tour the home.