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250 Forest Ridge Rd

Monterey, CA 93940

2 bd 1 ba 1,039 sqft Built 1974 Lot 955 sqft condos
Most recent sale
$677,625
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $677,625 MLS #ML81904337
Aug 18, 2022 Listed $695,000 MLS #ML81904337
May 21, 2018 Sold $564,000 MLS #ML81692683
Mar 23, 2018 Relisted $564,000 MLS #ML81692683
Mar 13, 2018 Listing removed $545,000 MLSListings
Feb 27, 2018 Listed $545,000 MLS #ML81692683
Sep 26, 2016 Sold $419,000 MLS #ML81599005
Aug 8, 2016 Listed $419,000 MLS #ML81599005
Jul 7, 1978 Sold $60,000 Public Record
Feb 2, 1976 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $410,958 $312,120 $723,078 $8,308
2024 $410,958 $312,120 $723,078 $7,681
2023 $395,000 $300,000 $695,000 $7,479
2022 $336,670 $268,049 $604,719 $6,541
2021 $330,069 $262,794 $592,863 $6,444
2020 $326,685 $260,100 $586,785 $6,199
2019 $320,280 $255,000 $575,280 $6,506
2018 $223,380 $204,000 $427,380 $4,722
2017 $219,000 $200,000 $419,000 $4,371
2016 $67,489 $44,992 $112,481 $1,225
2015 $66,476 $44,317 $110,793 $1,208
2014 $65,174 $43,449 $108,623 $1,188
2013 $64,880 $43,253 $108,133 $1,162
2012 $63,608 $42,405 $106,013 $1,153
2011 $62,361 $41,574 $103,935 $1,134
2010 $61,895 $41,264 $103,159 $1,093
2009 $62,043 $41,363 $103,406 $1,096
2008 $60,827 $40,552 $101,379 $1,073
2007 $59,635 $39,757 $99,392 $1,048

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
1
Living area
1,039 sqft
Lot size
955 sqft
ZIP code
93940
City
Monterey
Street
Forest Ridge Rd
Coordinates
36.59566, -121.91885

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
$3,325
Gross rental yield
5.89%
Implied cap rate
3.83%
Trend-extrapolated value

Frequently asked questions

When did 250 Forest Ridge Rd last sell?
250 Forest Ridge Rd most recently sold on Sep 30, 2022 for $677,625.
What is the current tax assessment for 250 Forest Ridge Rd?
The most recent total assessment for 250 Forest Ridge Rd (year 2025) is $723,078 with $8,308 in property tax.
How does 250 Forest Ridge Rd's assessment compare to its last sale price?
The current assessment is 6.7% above the last sale price of $677,625.
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, 1 bath, 1,039 sqft, 955 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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