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250 Monroe St

Monterey, CA 93940

7 bd 3,570 sqft Built 1932 Lot 7,200 sqft multi_family
Most recent sale
$1,965,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $1,965,000 MLS #ML81885347
Apr 4, 2022 Listed $1,900,000 MLS #ML81885347
Feb 20, 1970 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,316,106 $728,280 $2,044,386 $23,876
2024 $1,316,106 $728,280 $2,044,386 $22,049
2023 $1,265,000 $700,000 $1,965,000 $21,447
2022 $341,015 $32,230 $373,245 $4,271
2021 $280,329 $31,599 $311,928 $3,621
2020 $277,455 $31,275 $308,730 $3,490
2019 $272,015 $30,662 $302,677 $3,651
2018 $266,682 $30,061 $296,743 $4,770
2017 $261,453 $29,472 $290,925 $4,166
2016 $256,327 $28,895 $285,222 $3,210
2015 $252,477 $28,461 $280,938 $3,166
2014 $247,532 $27,904 $275,436 $3,115
2013 $246,414 $27,778 $274,192 $3,045
2012 $241,583 $27,234 $268,817 $3,023
2011 $236,847 $26,700 $263,547 $2,860
2010 $235,077 $26,501 $261,578 $2,758
2009 $235,636 $26,564 $262,200 $2,766
2008 $231,016 $26,044 $257,060 $2,706
2007 $226,487 $25,534 $252,021 $2,650

Property facts

Year built
1932
Property type
multi_family
Stories
1
Beds
7
Baths
Living area
3,570 sqft
Lot size
7,200 sqft
ZIP code
93940
City
Monterey
Street
Monroe St
Coordinates
36.60368, -121.90048

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,424
Gross rental yield
6.98%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 250 Monroe St last sell?
250 Monroe St most recently sold on Jul 19, 2022 for $1,965,000.
What is the current tax assessment for 250 Monroe St?
The most recent total assessment for 250 Monroe St (year 2025) is $2,044,386 with $23,876 in property tax.
How does 250 Monroe St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,965,000.
When was 250 Monroe St built?
250 Monroe St was built in 1932.
How does 250 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 250 Monroe St?
250 Monroe St is a 7 bed, 3,570 sqft, 7,200 sqft lot multi_family.
Is 250 Monroe St a flip candidate?
No — 250 Monroe St does not appear in our flips dataset.
Is 250 Monroe St a tax-appeal candidate?
No — 250 Monroe St 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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