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31 Montsalas Dr

Monterey, CA 93940

1 bd 2 ba 1,116 sqft Built 1977 Lot 1,858 sqft condos
Most recent sale
$725,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $725,000 MLS #ML81894719
Jun 3, 2022 Listed $749,000 MLS #ML81894719
Mar 27, 2015 Sold $430,000 MLS #ML81449614
Feb 6, 2015 Listed $435,000 MLS #ML81449614
May 10, 1996 Sold $209,000 Public Record
Jan 29, 1988 Sold $150,000 Public Record
Oct 30, 1986 Sold $48,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $390,150 $364,140 $754,290 $8,741
2024 $390,150 $364,140 $754,290 $8,084
2023 $375,000 $350,000 $725,000 $7,879
2022 $317,106 $169,875 $486,981 $5,337
2021 $310,889 $166,545 $477,434 $5,183
2020 $307,702 $164,838 $472,540 $4,986
2019 $301,669 $161,606 $463,275 $5,232
2018 $295,754 $158,438 $454,192 $5,021
2017 $289,955 $155,332 $445,287 $4,647
2016 $284,270 $152,287 $436,557 $4,562
2015 $205,946 $82,926 $288,872 $3,009
2014 $201,912 $81,302 $283,214 $2,956
2013 $201,000 $80,935 $281,935 $2,892
2012 $197,059 $79,349 $276,408 $2,870
2011 $193,196 $77,794 $270,990 $2,818
2010 $191,753 $77,213 $268,966 $2,716
2009 $192,209 $77,397 $269,606 $2,724
2008 $188,441 $75,880 $264,321 $2,663
2007 $184,747 $74,393 $259,140 $2,606

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
1,116 sqft
Lot size
1,858 sqft
ZIP code
93940
City
Monterey
Street
Montsalas Dr
Coordinates
36.58767, -121.86918

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
$3,571
Gross rental yield
5.91%
Implied cap rate
3.84%
Trend-extrapolated value

Frequently asked questions

When did 31 Montsalas Dr last sell?
31 Montsalas Dr most recently sold on Aug 4, 2022 for $725,000.
What is the current tax assessment for 31 Montsalas Dr?
The most recent total assessment for 31 Montsalas Dr (year 2025) is $754,290 with $8,741 in property tax.
How does 31 Montsalas Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $725,000.
When was 31 Montsalas Dr built?
31 Montsalas Dr was built in 1977.
How does 31 Montsalas Dr compare to others on Montsalas Dr?
We track 8 other properties on Montsalas Dr. Browse the list under "Other properties on Montsalas Dr" to compare beds, baths, and sale history.
What are the property facts for 31 Montsalas Dr?
31 Montsalas Dr is a 1 bed, 2 bath, 1,116 sqft, 1,858 sqft lot condos.
Is 31 Montsalas Dr a flip candidate?
No — 31 Montsalas Dr does not appear in our flips dataset.
Is 31 Montsalas Dr a tax-appeal candidate?
No — 31 Montsalas Dr 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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