NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 56 Kings Beach, CA 96143

Estimated Value: $625,000 - $676,991

2 Beds
2 Baths
1,356 Sq Ft
$554/mo HOA Fee

Last Sold May 02, 2023

Last sale price $680,000 $501 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,761/month

23 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Loft
  • Kings Beach Elementary School Rated A-
  • Mountain Architecture
  • Community Pool

About This Home

As of May 2023

Welcome to your cozy mountain retreat in Kings Beach, Lake Tahoe! This lovely condo, offers a comfortable and convenient living experience, surrounded by breathtaking natural beauty and endless outdoor recreation opportunities. The unit features 2 bedrooms, 2 bathrooms, and an open-concept living area that invites you to relax and unwind. The main level of the home is invites you to an open-concept floorpan including a bright and airy living room with large windows that let in plenty of natural light. The space also features a cozy fireplace, perfect for chilly evenings and gatherings with friends and family. The bedrooms are spacious and comfortable, each featuring plush bedding and plenty of closet space. With a bonus loft area, the home can sleep eight people comfortably. There are also two private balconies where you can enjoy your morning coffee or bask in Lake Tahoe evenings under the stars. The complex offers a range of amenities to enhance your living experience, including a swimming pool, wading pool, saunas, fitness area, tennis courts, and barbecue area. The location is unbeatable, with easy access to Kings Beach State Recreation Area, minutes from Lake Tahoe, Northstar California Resort, and a variety of shops, restaurants, and entertainment options. Don't miss your chance to make this charming mountain retreat your own!

Last Agent to Sell the Property

Jenna Belden

COMPASS License #01863303 Listed on: 03/24/2023

COMPASS

Last Buyer's Agent

Christina Gray

eXp Realty of California, Inc License #02143517

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,096

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 7,405

HOA Fees

  • $554 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
  • Furniture Can Be Negotiated
  • Wood Burning Stove
  • Family Room
  • Loft
  • Vinyl Flooring
  • Views of Woods

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<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

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,096

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: Hwy #267, turn onto Commonwealth Drive, first driveway into parking lot. Second building on left.
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1970
  • Other: High Ceilings, Phone, Cable TV, Rental History, Swimming Pool, Tennis Court, High Speed Internet
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Property Condition: Minor 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
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Family Room
  • Furnished: Negotiable
  • Bathrooms: 2
  • Bedrooms: 2
  • Wood Stove: Living Room
  • Floor Coverings: Vinyl

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
  • HOA Fees: 554
  • HOA Fee Frequency: M
  • HOA Transfer Fee: 350
  • HOA Membership: Y
  • HOA Website: https://www.kvpoa.org/forms-documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 26, 2023
Sold by
Willson Carey and Willson Megan
Bought by
2 S & G Llc
Seller's Agent
Jenna Belden
COMPASS
Buyer's Agent
Christina Gray
eXp Realty of California, Inc
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
14
Current Estimated Value
$639,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,502
Avg. Annual Appreciation
-2.75%

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 12, 2021
Sold by
Terrell Gordon and Terrell Krista
Bought by
Willson Carey and Willson Megan
Seller's Agent
Marcelyn Cohune
Chase International - Trk
Buyer's Agent
Jenna Belden
COMPASS
List Price
$495,000
Sold Price
$560,000
Premium/Discount to List
$65,000
13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$468,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2012
Closed on
Jul 30, 2013
Sold by
Dougherty Gracie L
Bought by
Terrell Gordon and Terrell Krista
Seller's Agent
E. Dee Dee Clark
Coldwell Banker Select Real Es
Buyer's Agent
Marcelyn Cohune
Chase International - Trk
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$196,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Dougherty Gracie
Bought by
Dougherty Gracie L

Purchase Details

Closed on
Feb 26, 2003
Sold by
Stemmer Joel
Bought by
Stemmer Patricia Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2003
Sold by
Gouveia Michael and Gouveia Dana
Bought by
Stemmer Patricia Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Dougherty Hugh J
Bought by
Dougherty Gracie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1994
Sold by
Tiberti Velma L and Bowden Velma L
Bought by
Tiberti Velma L
Source: Public Records

Range of Values:

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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
2 S & G Llc $680,000 Fidelity National Title
Willson Carey $560,000 Fidelity Natl Ttl Co Of Ca
Terrell Gordon $245,000 Fidelity National Title Comp
Dougherty Gracie L -- None Available
Stemmer Patricia Joanne -- First American Title Co
Stemmer Patricia Joanne $285,000 First American Title Co
Dougherty Gracie -- First American Title Co
Tiberti Velma L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willson Carey $468,000
Previous Owner Terrell Gordon $196,000
Previous Owner Stemmer Patricia Joanne $228,000
Closed Stemmer Patricia Joanne $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $680,000 -2.7% $501 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $699,000 +24.8% $515 / Sq Ft
05/18/2021 05/18/21 Sold $560,000 +13.1% $413 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $495,000 +102.0% $365 / Sq Ft
08/01/2013 08/01/13 Sold $245,000 -3.9% $181 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
07/01/2012 07/01/12 For Sale $255,000 -- $188 / 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 $8,096 $696,700 $161,200 $535,500
2023 $8,096 $582,934 $140,454 $442,480
2022 $7,085 $571,510 $137,700 $433,810
2021 $3,837 $277,849 $84,935 $192,914
2020 $3,832 $275,175 $84,065 $191,110
2019 $3,862 $269,971 $82,417 $187,554
2018 $3,456 $264,902 $80,801 $184,101
2017 $3,393 $259,927 $79,217 $180,710
2016 $3,355 $255,154 $77,664 $177,490
2015 $3,403 $261,604 $76,498 $185,106
2014 $3,205 $246,960 $75,000 $171,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230256

Tahoe Sierra Board of REALTORS®

APN: 111-210-033