NOT LISTED FOR SALE

1001 Commonwealth Dr Unit 71 Kings Beach, CA 96143

Kings Beach Area

Estimated Value: $628,000 - $677,000

3 Beds
2 Baths
1,566 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: January 18, 2024

Last sale price $634,000 $405 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,860 / mo

57 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Loft
  • Kings Beach Elementary School Rated A-
  • Mountain Architecture
  • Furnished

About This Home

As of January 2024

Best value on the north shore! Three-bedroom, plus loft, townhome offers a great combination of space, value, and desirable features. The fact that it has a nicely remodeled kitchen, newer flooring, and a fresh coat of paint adds to its appeal. The proximity to Northstar Ski Resort and Lake Tahoe makes it an attractive option for those who enjoy outdoor activities. This unit would make an excellent short-term rental (STR). This could be an opportunity for potential buyers to generate rental income when they're not using the property themselves. Additionally, the amenities offered by the complex, such as the pool, tennis and pickleball courts, bocce ball, and extra parking for boats and RV's, contribute to the overall value proposition. The availability of hiking trails nearby adds to the appeal for nature enthusiasts. For those looking to establish a family legacy or simply enjoy the property as a second home with the option to do STR’s, this townhome offers a versatile and convenient option. Buy now for the ski season!

Last Agent to Sell the Property

John Eppolito

Coldwell Banker Select Real Es License #01221678 Listed on: 10/22/2023

Coldwell Banker Select Real Es

Last Buyer's Agent

Christopher Beck

Home and Slate Real Estate License #02042361

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 436

HOA Fees

  • $664 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1971 | Remodeled

Lot Details

436 Sq Ft Lot

HOA Fees

$664 per month

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 1NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1971
  • Other: High Ceilings, Phone, Cable TV
  • Sewer: Utility District
  • Estimated Sq Ft: OTHER
  • Architecture: Mountain
  • Gated: No
  • Property Condition: Minor Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 1566
  • Stories: Three
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Great Room
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 3
  • Floor Coverings: Carpet

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed, Wooded
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Exercise Equipment, Other/See Remarks
  • HOA Fees: 664
  • HOA Fee Frequency: M
  • HOA Membership: Y
  • HOA Website: https://www.kvpoa.org/

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Jan 4, 2024
Sold by
Bought by
Seller's Agent
John Eppolito
Coldwell Banker Select Real Es
Buyer's Agent
Christopher Beck
Home and Slate Real Estate
List Price
$649,000
Sold Price
$634,000
Premium/Discount to List
-$15,000
-2.31%
Views
154
Current Estimated Value
$646,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,813
Avg. Annual Appreciation
0.79%
Original Mortgage
$475,500
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$634,000 Placer Title
$3,636 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $475,500
Closed $475,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $634,000 0.0% $405 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/07/2023 12/07/23 Price Changed $634,000 -2.3% $405 / Sq Ft
11/22/2023 11/22/23 For Sale $649,000 0.0% $414 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $649,000 -- $414 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,062 $659,613 $187,272 $472,341
2025 $2,454 $646,680 $183,600 $463,080
2023 $2,454 $126,092 $21,196 $104,896
2022 $2,242 $123,621 $20,781 $102,840
2021 $2,177 $121,198 $20,374 $100,824
2020 $2,167 $119,957 $20,166 $99,791
2019 $2,176 $117,606 $19,771 $97,835
2018 $1,811 $115,301 $19,384 $95,917
2017 $1,776 $113,041 $19,004 $94,037
2016 $1,751 $110,826 $18,632 $92,194
2015 $1,717 $109,163 $18,353 $90,810
2014 $1,673 $107,026 $17,994 $89,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231981

Tahoe Sierra Board of REALTORS®

APN: 111-220-003

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