127 Montecito Ave
Monterey, CA 93940
2 bd 2 ba 1,123 sqft Built 1982 Lot 677 sqft condos
Most recent sale
$575,000
Feb 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 11, 2022 | Sold | $575,000 | MLS #ML81872782 |
| Oct 21, 2003 | Sold | $360,000 | Public Record |
| Oct 3, 1988 | Sold | $123,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $313,056 | $297,138 | $610,194 | $7,029 |
| 2024 | $313,056 | $297,138 | $610,194 | $6,497 |
| 2023 | $300,900 | $285,600 | $586,500 | $6,340 |
| 2022 | $241,164 | $241,164 | $482,328 | $5,320 |
| 2021 | $225,000 | $226,000 | $451,000 | $4,928 |
| 2020 | $220,000 | $220,000 | $440,000 | $4,674 |
| 2019 | $210,000 | $210,000 | $420,000 | $4,773 |
| 2018 | $207,000 | $208,000 | $415,000 | $4,618 |
| 2017 | $185,000 | $184,000 | $369,000 | $3,879 |
| 2016 | $167,000 | $168,000 | $335,000 | $3,527 |
| 2015 | $155,000 | $156,000 | $311,000 | $3,276 |
| 2014 | $152,000 | $152,000 | $304,000 | $3,209 |
| 2013 | $138,000 | $138,000 | $276,000 | $2,864 |
| 2012 | $105,000 | $100,000 | $205,000 | $2,153 |
| 2011 | $125,000 | $120,000 | $245,000 | $2,545 |
| 2010 | $161,715 | $161,715 | $323,430 | $3,272 |
| 2009 | $161,715 | $161,715 | $323,430 | $3,274 |
| 2008 | $194,837 | $194,837 | $389,674 | $3,941 |
| 2007 | $191,017 | $191,017 | $382,034 | $3,859 |
Property facts
Year built
1982
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,123 sqft
Lot size
677 sqft
ZIP code
93940
City
Monterey
Street
Montecito Ave
Coordinates
36.59915, -121.86267
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
$3,594
Gross rental yield
7.50%
Implied cap rate
4.88%
Trend-extrapolated value
—
Frequently asked questions
When did 127 Montecito Ave last sell?
127 Montecito Ave most recently sold on Feb 11, 2022 for $575,000.
What is the current tax assessment for 127 Montecito Ave?
The most recent total assessment for 127 Montecito Ave (year 2025) is $610,194 with $7,029 in property tax.
How does 127 Montecito Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $575,000.
When was 127 Montecito Ave built?
127 Montecito Ave was built in 1982.
How does 127 Montecito Ave compare to others on Montecito Ave?
We track 8 other properties on Montecito Ave. Browse the list under "Other properties on Montecito Ave" to compare beds, baths, and sale history.
What are the property facts for 127 Montecito Ave?
127 Montecito Ave is a 2 bed, 2 bath, 1,123 sqft, 677 sqft lot condos.
Is 127 Montecito Ave a flip candidate?
No — 127 Montecito Ave does not appear in our flips dataset.
Is 127 Montecito Ave a tax-appeal candidate?
No — 127 Montecito Ave 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 Montecito Ave