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Sold for $490,000
  • $490,000

    1001 Commonwealth Dr #135, Kings Beach, CA 96143

    1beds
    979sqft
    Condo/Townhome/PUD
    Built in 1973
    -- sqft lot
    $487,200 Zestimate®
    $501/sqft
    $2,246 Estimated rent

    Home value

    $487,200

    $448,000 - $531,000

    $2,246/mo

    Zestimate® history
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    What's special

    Spacious loft areaSummer swimming poolLight and bright ambiance
    Imagine owning a place where the sun shines bright, the air is crisp, and winter skiing adventure is just around the corner. Ready for your immediate enjoyment, this economic investment in a Kingswood Village condo is a perfect blend of comfort, convenience, and simplicity. The seller is looking for any offers able to close prior to the end of 2024. Call for details!! This meticulously remodeled TURNKEY townhouse features a light and bright ambiance. Every corner has been carefully designed and updated, ensuring that it meets high standards of comfort and style. Featuring one full bedroom and a spacious loft area, it is perfectly set up to accommodate small groups, which happens to be one of the most popular sizes for short weekend getaways and rentals in this area. And since this home is sold mostly furnished as a convenience to you, the buyer, there is nothing left for you to do but manage your own time to enjoy the beauty of Tahoe. Whether you are looking for a vacation retreat or a rental investment, or both, this home is ready for you. This summer, it has been busy on a vacation rental program, now fall is quiet and perfect for your family to relax. Special to this complex which is located just a stone's throw away from the lake, you will find boating and golfing access less than five minutes from your doorstep. The allure of Lake Tahoe is undeniable, and this condo places you right in the center of it all. In your complex the summer swimming pool is always popular. Kayak and SUP storage is on site. Hiking and Mountain Biking into the forest service trails begins right outside your door. And don't fret the winter snows: your complex is plowed at each storm, and snow removed to the pathways to your door. If you'd like to avoid the parking at ski areas, just hop on the shuttle buses conveniently along the highway right outside the Kingswood complex. Use your NTPUD LOCALS PASS at the North Tahoe Regional Park and boat launch just 3 miles away. This is a free pass to local home owners providing groomed snow trails and cross county skiing or sledding in winter, and Frisbee Golf, a renown Ropes Course, amazing new pickleball and tennis courts the rest of the year. The boat launch pass provides local discounts, be sure to show your pass!! Location is key, and this condo offers the perfect balance of a forest setting near good roads for easy and reliable accessibility. Just ten miles from Highway 80 and seven miles to the Northstar Resort and ski area, you are conveniently located to skiing. One mile to Lake Tahoe’s sandy beaches, restaurants, stores and golfing at Old Brockway makes it easy to explore everything that Lake Tahoe has to offer. From hiking in the summer to skiing in the winter, the activities are endless, and you will have the best of both worlds right at your fingertips. In conclusion, this Kingswood Village condo is more than just an investment property; it is an affordable opportunity to live the dream of Lake Tahoe living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sue Daniels 530-583-5581,

    Coldwell Banker Realty

    Bought with:

    Sue Daniels, DRE #01066252

    Coldwell Banker Realty

    Source: TSMLS,MLS#: 20242168MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Natural Gas, CFAH
    Appliances
    • Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: In Hall
    Features
    • High Ceilings, Phone, High Speed Internet
    • Flooring: Carpet, Mixed
    • Has fireplace: Yes
    • Fireplace features: Fireplace: Living Room, Stone
    Interior area
    • Total structure area: 979
    • Total interior livable area: 979 sqft

    Property

    Parking
    • Parking features: None, Boat, Parking Pad
    Features
    • Levels: Three
    • Patio & porch: Deck(s): 2
    • Pool features: Swimming Pool
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Trees/Woods, Mountain(s), Water
    • Has water view: Yes
    • Waterfront features: Shared Pier
    Lot
    • Features: Condo/PUD Project, Rental History, Tennis Court
    • Topography: Level,Gently Rolling
    Details
    • Additional structures: Outbuilding
    • Parcel number: 111240042000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Mountain
    • Property subtype: Condo/Townhome/PUD
    Materials
    • Frame, Wood Siding
    • Foundation: Perim Block
    • Roof: Composition
    Condition
    • Updated/Remodeled,Like New
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District
    • Utilities for property: Natural Gas Available, Cable Connected

    Community & HOA

    Community
    • Features: Gated: No
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Pool, Tennis Court(s), Cross Country Skiing, Exercise Equipment, Boat Ramp
    • HOA fee: $664 monthly
    Location
    • Region: Kings Beach

    Financial & listing details

    • Price per square foot: $501/sqft
    • Tax assessed value: $307,548
    • Annual tax amount: $4,447
    • Price range: $490K - $490K
    • Date on market: 10/16/2024
    • Listing terms: Cash To New Loan

    Price history

    DateEventPrice
    1/23/2025Sold$490,000-5.8%$501/sqft
    Source: TSMLS #20242168 Report a problem
    1/4/2025Pending sale$519,900$531/sqft
    Source: TSMLS #20242168 Report a problem
    10/16/2024Listed for sale$519,900-1%$531/sqft
    Source: TSMLS #20242168 Report a problem
    10/3/2024Listing removed$524,900$536/sqft
    Source: TSMLS #20231813 Report a problem
    7/6/2024Price change$524,900-1.9%$536/sqft
    Source: TSMLS #20231813 Report a problem
    4/17/2024Price change$535,000-0.6%$546/sqft
    Source: TSMLS #20231813 Report a problem
    12/4/2023Price change$538,000-2%$550/sqft
    Source: TSMLS #20231813 Report a problem
    9/24/2023Listed for sale$549,000+107.2%$561/sqft
    Source: TSMLS #20231813 Report a problem
    11/9/2016Sold$265,000-3.6%$271/sqft
    Source: TSMLS #20162782 Report a problem
    9/13/2016Pending sale$275,000$281/sqft
    Source: Bruening Associates RE #20162782 Report a problem
    9/8/2016Listed for sale$275,000$281/sqft
    Source: Bruening Associates RE #20162782 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,447 +3.9%$307,548 +2%
    2024$4,278 +2.1%$301,519 +2%
    2023$4,191 +3.7%$295,608 +2%
    2022$4,039 +2.1%$289,813 +2%
    2021$3,958 +1.5%$284,131 +1%
    2020$3,897 $281,219 +2%
    2019$3,897 +10.9%$275,706 +2%
    2018$3,516 +1.9%$270,300 +2%
    2017$3,449 +121.7%$265,000 +184.2%
    2016$1,556 +2%$93,237 +1.5%
    2015$1,525 +2.6%$91,837 +2%
    2014$1,487 $90,039 +0.5%
    2013-- $89,633 +2%
    2012-- $87,876 +2%
    2011-- $86,154 +0.8%
    2010-- $85,511 -0.2%
    2009-- $85,715 +2%
    2008-- $84,035 +2%
    2007-- $82,388 +2%
    2006-- $80,773 +2%
    2005-- $79,190 +2%
    2004-- $77,638 +1.9%
    2003-- $76,216 +2%
    2002-- $74,723 +2%
    2001-- $73,258 +2%
    2000-- $71,822
    Find assessor info on the county website

    Neighborhood: 96143

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