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250 Forest Ridge Rd

Monterey, CA 93940

2 bd 2 ba 1,054 sqft Built 1974 condos
Most recent sale
$610,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $610,000 MLS #ML81868523
Jan 16, 1998 Sold $220,000 Public Record
May 31, 1996 Sold $180,000 Public Record
Jun 12, 1979 Sold $78,000 Public Record
Apr 11, 1975 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $339,586 $307,750 $647,336 $7,529
2024 $339,586 $307,750 $647,336 $6,962
2023 $326,400 $295,800 $622,200 $6,768
2022 $320,000 $290,000 $610,000 $6,674
2021 $221,259 $103,247 $324,506 $3,589
2020 $218,991 $102,189 $321,180 $3,454
2019 $214,698 $100,186 $314,884 $3,624
2018 $210,489 $98,222 $308,711 $3,479
2017 $206,362 $96,297 $302,659 $3,222
2016 $202,316 $94,409 $296,725 $3,164
2015 $199,278 $92,991 $292,269 $3,119
2014 $195,375 $91,170 $286,545 $3,065
2013 $194,493 $90,758 $285,251 $2,999
2012 $190,680 $88,979 $279,659 $2,977
2011 $186,942 $87,235 $274,177 $2,925
2010 $185,545 $86,584 $272,129 $2,819
2009 $185,986 $86,790 $272,776 $2,828
2008 $182,340 $85,089 $267,429 $2,766
2007 $178,765 $83,421 $262,186 $2,708

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,054 sqft
Lot size
ZIP code
93940
City
Monterey
Street
Forest Ridge Rd
Coordinates
36.59368, -121.91927

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,373
Gross rental yield
6.64%
Implied cap rate
4.31%
Trend-extrapolated value

Frequently asked questions

When did 250 Forest Ridge Rd last sell?
250 Forest Ridge Rd most recently sold on Dec 22, 2021 for $610,000.
What is the current tax assessment for 250 Forest Ridge Rd?
The most recent total assessment for 250 Forest Ridge Rd (year 2025) is $647,336 with $7,529 in property tax.
How does 250 Forest Ridge Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $610,000.
When was 250 Forest Ridge Rd built?
250 Forest Ridge Rd was built in 1974.
How does 250 Forest Ridge Rd compare to others on Forest Ridge Rd?
We track 8 other properties on Forest Ridge Rd. Browse the list under "Other properties on Forest Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 250 Forest Ridge Rd?
250 Forest Ridge Rd is a 2 bed, 2 bath, 1,054 sqft condos.
Is 250 Forest Ridge Rd a flip candidate?
No — 250 Forest Ridge Rd does not appear in our flips dataset.
Is 250 Forest Ridge Rd a tax-appeal candidate?
No — 250 Forest Ridge Rd is not currently flagged as a tax-appeal candidate.

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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