585 Laine St
Monterey, CA 93940
2 bd 1 ba 764 sqft Built 2007 Lot 763 sqft condos
Most recent sale
$750,000
Mar 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 1, 2025 | Listed for rent | $3,000 | AppfolioUnits |
| Mar 18, 2022 | Sold | $750,000 | MLS #ML81877298 |
| Feb 7, 2022 | Listed | $799,000 | MLS #ML81877298 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $424,483 | $371,422 | $795,905 | $9,133 |
| 2024 | $424,483 | $371,422 | $795,905 | $8,520 |
| 2023 | $408,000 | $357,000 | $765,000 | $8,345 |
| 2022 | $162,004 | $129,959 | $291,963 | $3,251 |
| 2021 | $158,828 | $127,411 | $286,239 | $3,204 |
| 2020 | $157,200 | $126,105 | $283,305 | $3,085 |
| 2019 | $154,118 | $123,633 | $277,751 | $3,235 |
| 2018 | $151,097 | $121,209 | $272,306 | $3,108 |
| 2017 | $148,135 | $118,833 | $266,968 | $2,880 |
| 2016 | $145,231 | $116,503 | $261,734 | $2,829 |
| 2015 | $143,050 | $114,754 | $257,804 | $2,789 |
| 2014 | $140,248 | $112,507 | $252,755 | $2,742 |
| 2013 | $139,615 | $111,999 | $251,614 | $2,684 |
| 2012 | $136,878 | $109,803 | $246,681 | $2,664 |
| 2011 | $134,195 | $107,650 | $241,845 | $2,585 |
| 2010 | $133,193 | $106,846 | $240,039 | $2,492 |
| 2009 | $133,510 | $107,100 | $240,610 | $2,499 |
| 2008 | $130,893 | $105,000 | $235,893 | $2,445 |
Property facts
Year built
2007
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
764 sqft
Lot size
763 sqft
ZIP code
93940
City
Monterey
Street
Laine St
Coordinates
36.61212, -121.90365
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,445
Gross rental yield
3.91%
Implied cap rate
2.54%
Trend-extrapolated value
—
Frequently asked questions
When did 585 Laine St last sell?
585 Laine St most recently sold on Mar 18, 2022 for $750,000.
What is the current tax assessment for 585 Laine St?
The most recent total assessment for 585 Laine St (year 2025) is $795,905 with $9,133 in property tax.
How does 585 Laine St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $750,000.
When was 585 Laine St built?
585 Laine St was built in 2007.
How does 585 Laine St compare to others on Laine St?
We track 8 other properties on Laine St. Browse the list under "Other properties on Laine St" to compare beds, baths, and sale history.
What are the property facts for 585 Laine St?
585 Laine St is a 2 bed, 1 bath, 764 sqft, 763 sqft lot condos.
Is 585 Laine St a flip candidate?
No — 585 Laine St does not appear in our flips dataset.
Is 585 Laine St a tax-appeal candidate?
No — 585 Laine St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$760.2K
2026 Q4
$687.3K
ZIP 93940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Laine St