$623,000
SOLD JUL 26, 2021

1001 Commonwealth Dr Unit 255 Kings Beach, CA 96143

2 Beds
2 Baths
1,422 Sq Ft
$443/mo HOA Fee

Recently Sold

$438 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

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

About This Home

As of July 2021

The best property in Kingswood to come along in ages is ready just in time for Summer. Set among the trees in the most secluded location in the entire complex, you'll find this beautifully updated unit is your ideal Lake Tahoe escape. The open concept flows perfectly around the impressive kitchen island. With 2 bedrooms & the loft there is plenty of space for the whole family. Both bathrooms feature custom tile and heated floors. Pool, tennis, bocce, pickleball & more just minutes from the beach and skiing.

Last Agent to Sell the Property

Michael Fricke

LPT Realty, Inc License #01442740 Listed on: 06/17/2021

LPT Realty, Inc

Last Buyer's Agent

Elaine Durazo

Chase International - TK2 License #01339353

Chase International - TK2

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,936

Year Built

  • Built in 1982 | Remodeled

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,422 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Living Room with Fireplace
  • Loft
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks

Utilities

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

Community Details

Overview

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,936

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Age: 30+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: Hwy 267 to Commonwealth, turn left after HOA pool into parking, take sidewalk on left, Unit 255.
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1982
  • Other: Swimming Pool, Tennis Court
  • Sewer: Utility District
  • Architecture: Mountain
  • Gated: No
  • Property Condition: Extensive Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, Radiant, In Floor
  • Estimated Sq Ft: 1422
  • Stories: Three
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft
  • Fireplace: Living Room, Gas Fireplace, Stone
  • Furnished: Negotiable
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Carpet, Tile

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: 443
  • HOA Fee Frequency: Mo
  • HOA Transfer Fee: 250
  • HOA Membership: Y
  • HOA Website: https://www.kvpoa.org/

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Shawn Jarvis
Bought by
Shawn And Angela Jarvis Trust
Current Estimated Value
$641,739

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 22, 2021
Sold by
Campbell Michael and Ogdie Alyshia
Bought by
Jarvis Shawn M and Jarvis Angela Helen
Seller's Agent
Michael Fricke
LPT Realty, Inc
Buyer's Agent
Elaine Durazo
Chase International - TK2
List Price
$600,000
Sold Price
$623,000
Premium/Discount to List
$23,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$467,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2014
Closed on
Jan 12, 2015
Sold by
Patchen Terri Renee and Roesch Michael
Bought by
Campbell Michael and Ogdie Alyshia
Seller's Agent
Randy Roesch, Jr.
Sierra Sotheby's Int. Realty
Buyer's Agent
Michael Fricke
LPT Realty, Inc
List Price
$358,000
Sold Price
$355,000
Premium/Discount to List
-$3,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$319,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Patchen Kenneth A and Patchen Cheryl R
Bought by
Patchen Kenneth A and Patchen Cheryl R

Purchase Details

Closed on
Nov 9, 2004
Sold by
Patchen Kenneth A and Patchen Cheryl R
Bought by
Patchen Kenneth A and Patchen Cheryl R
Source: Public Records

Similar Homes in Kings Beach, CA

  • 1001 Commonwealth Dr Unit 69, Kings Beach, CA 96143

    $495,000

    • 1 Bed
    • 1 Bath
    • 979 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 69
    • Kings Beach, CA

    Welcome to your new condo in Kings Beach, CA! This end unit provides a tranquil retreat with 2 private deck spaces. The well-maintained unit is move-in ready with an enclosed loft on the top floor. 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

    Diana Graves Coldwell Banker Realty

    Section Image
  • 1001 Commonwealth Dr Unit 78, Kings Beach, CA 96143

    $605,000

    • 2 Beds
    • 2 Baths
    • 1,422 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 78
    • Kings Beach, CA

    Nestled near the stunning shores of Lake Tahoe, this charming two-bedroom, two-bath condo with a spacious loft is the ideal choice offering a perfect blend of tranquility and convenience. Seller upgrades include new windows and sliding glass doors, interior paint, carpet, interior doors, black out shades, new fridge, garbage disposal and microwave. The HOA provides fantastic amenities, including

    Stephanie Fillinger Engel & Volkers Truckee

    Section Image
  • 1001 Commonwealth Dr Unit 157, Kings Beach, CA 96143

    $639,000

    • 2 Beds
    • 2 Baths
    • 1,422 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 157
    • Kings Beach, CA

    Embrace the Sound of a Babbling Brook and the Serenity of Nature, Right from Your Deck. This meticulously maintained two-bedroom, two-bath home features a spacious loft and a versatile office that can easily serve as a third bedroom. Step out onto your private, creekside oasis, and soak in nearly 180 degrees of open forest views, thanks to recessed neighboring units that frame the landscape like

    Stephanie Fillinger Engel & Volkers Truckee

    Section Image
  • 1001 Commonwealth Dr Unit 73, Kings Beach, CA 96143

    $675,000

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 73
    • Kings Beach, CA

    Charming 3-Bedroom, 2-Bathroom Townhome with Loft in Kingswood Village Welcome to this beautifully updated 3-bedroom, 2-bathroom townhome with an additional loft, ideally located in the highly sought-after Kingswood Village. This delightful property offers the perfect blend of comfort and convenience, making it an excellent choice for a second home or vacation rental. Step inside to discover an

    Dustin Allen Sierra Sotheby's Int - Rock

    Section Image
  • 1001 Commonwealth Dr Unit 114, Kings Beach, CA 96143

    $620,000

    • 2 Beds
    • 2 Baths
    • 1,422 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 114
    • Kings Beach, CA

    Retro Vibes, Mountain Lifestyle — Kingswood Village Retreat Near the Lake Step into the best of mountain living and mid-century charm with this unique Kingswood Village condo in the heart of Kings Beach. With 1,422 square feet spread across three levels, this stylish and functional getaway offers room for everyone—and then some. Featuring 2 bedrooms, 2 bathrooms, a cozy bonus sleeping loft, and

    Celia Klein Engel & Volkers Truckee

    Section Image
  • 1001 Commonwealth Dr Unit 151, Kings Beach, CA 96143

    $710,000

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 151
    • Kings Beach, CA

    Discover the perfect location to experience all that Lake Tahoe has to offer in this bright and sunny townhome, where the soothing sounds of Griff Creek can be enjoyed from two expansive back decks. This spacious residence accommodates everyone with three bedrooms, two full baths, and a bonus loft that provides additional sleeping space. The beautifully remodeled kitchen serves as the centerpiece

    Kane Schaller Dickson Realty

    Section Image
  • 1001 Commonwealth Dr Unit 106, Kings Beach, CA 96143

    $685,000

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 106
    • Kings Beach, CA

    Don’t miss this opportunity to own a beautifully remodeled three-bedroom unit in one of North Lake Tahoe’s more desirable complexes. The kitchen and both bathrooms have been tastefully updated, and vaulted pine ceilings add warmth and character throughout. With spacious living areas, modern upgrades, and a prime location, this unit is ideal as a primary residence, vacation escape, or short-term

    John Eppolito Coldwell Banker Select Real Es

    Section Image
  • 1001 Commonwealth Dr Unit 193, Kings Beach, CA 96143

    $679,000

    • 2 Beds
    • 2 Baths
    • 1,422 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 193
    • Kings Beach, CA

    Welcome to your dream retreat nestled in an idyllic creek side setting. This charming 2-bedroom plus a loft bedroom, 2-bathroom condo- cabin offers a serene escape from the hustle and bustle of everyday life. Situated in a picturesque location, nearby a seasonal creek surrounded by lush greenery, this property is truly a haven of tranquility. With vaulted beamed ceilings and an open floorplan,

    Marlo Eckert Coldwell Banker Realty

    Section Image
  • 1001 Commonwealth Dr Unit 70, Kings Beach, CA 96143

    $519,000

    • 1 Bed
    • 1 Bath
    • 979 Sq Ft
    • 1001 Commonwealth Dr
    • Unit 70
    • Kings Beach, CA

    Turnkey short-term rental – ready for immediate takeover. This is an incredible opportunity to own a fully updated, income-generating property in Kingswood Village, ideal as a personal retreat or short-term rental investment. The home has been recently renovated with brand-new luxury vinyl flooring, custom kitchen cabinets, new countertops in both the kitchen and bathroom, a new garbage disposal,

    Ethan Pontz Coldwell Banker Realty

    Section Image

Range of Values:

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 Type Sale Price Title Company
Deed -- --
Grant Deed $623,000 First American Title Company
Grant Deed $355,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $467,250 New Conventional
Previous Owner $287,000 New Conventional
Previous Owner $293,000 New Conventional
Previous Owner $319,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $623,000 +3.8% $438 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $600,000 +69.0% $422 / Sq Ft
01/21/2015 01/21/15 Sold $355,000 -0.8% $250 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $358,000 -- $252 / 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
2025 $7,936 $620,000 $134,300 $485,700
2023 $7,936 $635,460 $137,700 $497,760
2022 $7,642 $623,000 $135,000 $488,000
2021 $5,069 $394,157 $155,442 $238,715
2020 $5,065 $390,117 $153,849 $236,268
2019 $5,107 $382,469 $150,833 $231,636
2018 $4,667 $374,971 $147,876 $227,095
2017 $4,578 $367,620 $144,977 $222,643
2016 $4,525 $360,413 $142,135 $218,278
2015 $3,449 $265,753 $71,677 $194,076
2014 $2,703 $201,108 $40,557 $160,551
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20211501

Tahoe Sierra Board of REALTORS®

APN: 111-250-005