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250 Forest Ridge Rd

Monterey, CA 93940

2 bd 2 ba 1,150 sqft Built 1974 Lot 1,251 sqft condos
Most recent sale
$715,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $715,000 MLS #ML81893189
May 24, 2022 Listed $695,000 MLS #ML81893189
Oct 31, 2001 Sold $329,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $387,340 $371,422 $758,762 $8,792
2024 $387,340 $371,422 $758,762 $8,131
2023 $372,300 $357,000 $729,300 $7,925
2022 $148,754 $300,249 $449,003 $4,925
2021 $145,838 $294,362 $440,200 $4,853
2020 $144,343 $291,344 $435,687 $4,669
2019 $141,513 $285,632 $427,145 $4,901
2018 $138,739 $280,032 $418,771 $4,704
2017 $136,019 $274,542 $410,561 $4,355
2016 $133,352 $269,159 $402,511 $4,277
2015 $125,000 $251,000 $376,000 $4,000
2014 $165,000 $199,000 $364,000 $3,882
2013 $92,000 $185,000 $277,000 $2,914
2012 $120,000 $160,000 $280,000 $2,981
2011 $123,218 $248,702 $371,920 $3,954
2010 $116,460 $235,058 $351,518 $3,630
2009 $116,460 $235,058 $351,518 $3,633
2008 $122,589 $247,430 $370,019 $3,812
2007 $120,186 $242,579 $362,765 $3,734

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,150 sqft
Lot size
1,251 sqft
ZIP code
93940
City
Monterey
Street
Forest Ridge Rd
Coordinates
36.59543, -121.91910

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
$3,680
Gross rental yield
6.18%
Implied cap rate
4.01%
Trend-extrapolated value

Frequently asked questions

When did 250 Forest Ridge Rd last sell?
250 Forest Ridge Rd most recently sold on Jun 14, 2022 for $715,000.
What is the current tax assessment for 250 Forest Ridge Rd?
The most recent total assessment for 250 Forest Ridge Rd (year 2025) is $758,762 with $8,792 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 $715,000.
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, 1,150 sqft, 1,251 sqft lot 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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