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1045-1047 Cass St

Monterey, CA 93940

4 bd 2 ba 1,620 sqft Built 1924 Lot 10,681 sqft multi_family
Most recent sale
$1,065,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2023 Sold $1,149,000 Public Record
Feb 10, 2023 Listed $1,149,000 MLSListings
Jan 18, 2023 Price changed $1,149,000 MLSListings
Dec 11, 2022 Listed $1,225,000 MLSListings
Aug 5, 2022 Sold $1,065,000 MLS #ML81889212
Jun 16, 2022 Price changed $1,095,000 MLS #ML81889212
Apr 28, 2022 Listed $1,195,000 MLS #ML81889212

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $545,119 $780,300 $1,325,419 $15,233
2024 $545,119 $780,300 $1,325,419 $12,727
2023 $465,000 $600,000 $1,065,000 $11,658
2022 $2,773 $179,324 $182,097 $2,129
2021 $2,719 $175,808 $178,527 $2,099
2020 $2,692 $174,006 $176,698 $2,025
2019 $2,640 $170,595 $173,235 $2,116
2018 $2,589 $167,250 $169,839 $2,038
2017 $2,539 $163,971 $166,510 $1,896
2016 $2,490 $160,756 $163,246 $1,864
2015 $2,453 $158,342 $160,795 $1,838
2014 $2,405 $155,241 $157,646 $1,809
2013 $2,395 $154,540 $156,935 $1,770
2012 $2,349 $151,510 $153,859 $1,774
2011 $2,303 $148,540 $150,843 $1,632
2010 $2,286 $147,430 $149,716 $1,573
2009 $2,292 $147,781 $150,073 $1,567
2008 $2,248 $144,884 $147,132 $1,533
2007 $2,204 $142,044 $144,248 $1,499

Property facts

Year built
1924
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,620 sqft
Lot size
10,681 sqft
ZIP code
93940
City
Monterey
Street
Cass St
Coordinates
36.59125, -121.89650

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,184
Gross rental yield
5.84%
Implied cap rate
3.80%
Trend-extrapolated value

Frequently asked questions

When did 1045-1047 Cass St last sell?
1045-1047 Cass St most recently sold on Aug 5, 2022 for $1,065,000.
What is the current tax assessment for 1045-1047 Cass St?
The most recent total assessment for 1045-1047 Cass St (year 2025) is $1,325,419 with $15,233 in property tax.
How does 1045-1047 Cass St's assessment compare to its last sale price?
The current assessment is 24.5% above the last sale price of $1,065,000.
When was 1045-1047 Cass St built?
1045-1047 Cass St was built in 1924.
How does 1045-1047 Cass St compare to others on Cass St?
We track 5 other properties on Cass St. Browse the list under "Other properties on Cass St" to compare beds, baths, and sale history.
What are the property facts for 1045-1047 Cass St?
1045-1047 Cass St is a 4 bed, 2 bath, 1,620 sqft, 10,681 sqft lot multi_family.
Is 1045-1047 Cass St a flip candidate?
No — 1045-1047 Cass St does not appear in our flips dataset.
Is 1045-1047 Cass St a tax-appeal candidate?
Yes — 1045-1047 Cass St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$760.2K
2026 Q4
$687.3K
ZIP 93940 — Median Price History + Forecast

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