NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 2 Kings Beach, CA 96143

Estimated Value: $602,000 - $624,000

3 Beds
2 Baths
1,566 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: May 26, 2021

Last sale price $525,000 $335 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,263 / mo

4 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 2021

Fantastic value and location! Mountain-style condo on the North Shore of Lake Tahoe! Open floor plan with vaulted ceilings in the living room and a fireplace! Two decks, open loft, plus three bedrooms and two bathrooms! Kingswood Village offers a seasonal pool with in-ground spa, fitness room, tennis courts, Bocce ball court, horse shoe pits, kayak storage and boat/RV parking. Close to the sandy beaches of downtown Kings Beach and near-by local ski resorts. The perfect place to enjoy the Tahoe lifestyle!

Last Agent to Sell the Property

Laura Allen

Coldwell Banker Realty License #01473598 Listed on: 04/22/2021

Coldwell Banker Realty

Last Buyer's Agent

Patty Williams

Sierra Sotheby's Int Realty TC License #01953231

Sierra Sotheby's Int Realty TC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 7,841

HOA Fees

  • $443 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Block Foundation
  • Composition Roof

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Pad

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Property fronts a private road
  • Design Review Required

Community Details

Overview

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

7,841 Sq Ft Lot

HOA Fees

$443 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: North on Hwy 267 right on Commonwealth, first right, park, unit is second unit along Commonwealth
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review, Private Road
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1970
  • Cross Street: Hwy 267
  • Other: High Ceilings, Phone, Cable TV
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1566
  • Stories: Three
  • Water Company: NTPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Great Room
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Vinyl

Exterior Features

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

Garage/Parking

  • Garage: None
  • Garage/Parking: Other, Parking Pad

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Other/See Remarks
  • HOA Fees: 443
  • HOA Fee Frequency: month
  • 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

Closed on
Nov 28, 2022
Sold by
Baxter Joseph and Baxter Whitney
Bought by
Joseph And Whitney Baxter Revocable Trust and Baxter
Current Estimated Value
$610,974

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 22, 2021
Sold by
Ventimiglia Regina Marie and The Rodriguez Childrens Trust
Bought by
Baxter Joseph and Baxter Whitney
Seller's Agent
Laura Allen
Coldwell Banker Realty
Buyer's Agent
Patty Williams
Sierra Sotheby's Int Realty TC
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$472,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2001
Sold by
Rodriguez Jose A and Rodriguez Lora E
Bought by
Ventimiglia Regina Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Joseph And Whitney Baxter Revocable Trust -- None Listed On Document
Baxter Joseph $525,000 First American Title Company
Ventimiglia Regina Marie -- --
Ventimiglia Regina Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter Joseph $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $525,000 +5.2% $335 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $499,000 -- $319 / 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 $6,975 $568,276 $146,128 $422,148
2023 $6,975 $546,210 $140,454 $405,756
2022 $6,696 $535,500 $137,700 $397,800
2021 $1,869 $92,157 $20,598 $71,559
2020 $1,859 $91,213 $20,387 $70,826
2019 $1,864 $89,426 $19,988 $69,438
2018 $1,507 $87,674 $19,597 $68,077
2017 $1,478 $85,956 $19,213 $66,743
2016 $1,456 $84,272 $18,837 $65,435
2015 $1,428 $83,008 $18,555 $64,453
2014 $1,392 $81,383 $18,192 $63,191
Source: Public Records

Agents Affiliated with this Home

  • Laura Allen

    Seller's Agent in 2021

    Laura Allen

    Coldwell Banker Realty

    (530) 414-1260

    2 in this area

    10 Total Sales

    Laura Allen
    Section Image
  • Patty Williams

    Buyer's Agent in 2021

    Patty Williams

    Sierra Sotheby's Int Realty TC

    (530) 277-8484

    1 in this area

    21 Total Sales

    Patty Williams
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20210895

Tahoe Sierra Board of REALTORS®

APN: 111-200-002

California Placer County Kings Beach 96143

1001 Commonwealth Dr Unit 2, Kings Beach, CA

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