$560,000
SOLD MAY 18, 2021

1001 Commonwealth Dr Unit 56 Kings Beach, CA 96143

2 Beds
2 Baths
1,356 Sq Ft
$443/mo HOA Fee

Recently Sold

$413 Per Sq Ft

13% Above List Price

26 Days on Market

Highlights

  • Living Room with Fireplace
  • Mountain Architecture
  • Furnished
  • Kings Beach Elementary School Rated A-
  • Loft
  • Community Pool

About This Home

As of May 2023

A beauty that sleeps 6 conveniently located close to Lake Tahoe and Northstar Ski Area. Mostly furnished and ready to enjoy the swimming pool, par course, bocci ball, basketball court, tennis court and indoor workout room, including a dry sauna. Mostly furnished and move-in ready.

Last Agent to Sell the Property

Marcelyn Cohune

Chase International - Trk License #01490337 Listed on: 03/18/2021

Chase International - Trk

Last Buyer's Agent

Jenna Belden

COMPASS License #01863303

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,096

Year Built

  • Built in 1970

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Loft
  • Carpet

Kitchen

  • Oven
  • Range
  • 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
  • Utility District

Community Details

Overview

  • North Laketahoe Community

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,096

Year Built

Built in 1970

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Age: 30+ 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
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Condo Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1970
  • Other: Rental History, Swimming Pool, Tennis Court
  • Sewer: Utility District
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1356
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Carpet, Tile, Other

Exterior Features

  • 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: 443
  • HOA Fee Frequency: Month
  • HOA Membership: Y

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
-2.33%

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

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Range of Values:

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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
Grant Deed $680,000 Fidelity National Title
Grant Deed $560,000 Fidelity Natl Ttl Co Of Ca
Grant Deed $245,000 Fidelity National Title Comp
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Grant Deed $285,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $468,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $228,000 Purchase Money Mortgage
Closed $28,500 No Value Available
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: 20210642

Tahoe Sierra Board of REALTORS®

APN: 111-210-033