787 Spencer St
Monterey, CA 93940
3 bd 2 ba 1,416 sqft Built 1935 Lot 5,811 sqft single_family
Most recent sale
$1,175,000
Dec 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2023 | Price changed for rent | $5,052 | AppfolioUnits |
| May 24, 2023 | Price changed for rent | $5,536 | AppfolioUnits |
| May 4, 2023 | Listed for rent | $5,510 | AppfolioUnits |
| Mar 1, 2023 | Listed for rent | $5,510 | Zumper |
| Oct 27, 2022 | Listed for rent | $5,510 | AppfolioUnits |
| Oct 26, 2022 | Listed for rent | $5,510 | Zumper |
| Dec 23, 2021 | Sold | $1,175,000 | MLS #ML81854601 |
| Jul 6, 2018 | Sold | $1,005,000 | Public Record |
| Dec 28, 2017 | Sold | $803,500 | Public Record |
| Feb 3, 2017 | Sold | $530,000 | MLS #ML81635650 |
| Jan 16, 2017 | Listed | $530,000 | MLS #ML81635650 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $557,134 | $689,785 | $1,246,919 | $14,385 |
| 2024 | $557,134 | $689,785 | $1,246,919 | $13,306 |
| 2023 | $535,500 | $663,000 | $1,198,500 | $13,042 |
| 2022 | $525,000 | $650,000 | $1,175,000 | $12,862 |
| 2021 | $520,436 | $515,283 | $1,035,719 | $11,405 |
| 2020 | $515,100 | $510,000 | $1,025,100 | $10,973 |
| 2019 | $505,000 | $500,000 | $1,005,000 | $11,520 |
| 2018 | $303,000 | $500,000 | $803,000 | $9,027 |
| 2017 | $130,000 | $400,000 | $530,000 | $5,656 |
| 2016 | $21,505 | $35,948 | $57,453 | $618 |
| 2015 | $21,182 | $35,409 | $56,591 | $609 |
| 2014 | $20,768 | $34,716 | $55,484 | $599 |
| 2013 | $20,675 | $34,560 | $55,235 | $585 |
| 2012 | $20,270 | $33,883 | $54,153 | $578 |
| 2011 | $19,873 | $33,219 | $53,092 | $529 |
| 2010 | $19,725 | $32,971 | $52,696 | $511 |
| 2009 | $19,772 | $33,050 | $52,822 | $512 |
| 2008 | $19,385 | $32,402 | $51,787 | $500 |
| 2007 | $19,005 | $31,767 | $50,772 | $484 |
Property facts
Year built
1935
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,416 sqft
Lot size
5,811 sqft
ZIP code
93940
City
Monterey
Street
Spencer St
Coordinates
36.61365, -121.90701
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
$4,531
Gross rental yield
4.63%
Implied cap rate
3.01%
Trend-extrapolated value
—
Frequently asked questions
When did 787 Spencer St last sell?
787 Spencer St most recently sold on Dec 23, 2021 for $1,175,000.
What is the current tax assessment for 787 Spencer St?
The most recent total assessment for 787 Spencer St (year 2025) is $1,246,919 with $14,385 in property tax.
How does 787 Spencer St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,175,000.
When was 787 Spencer St built?
787 Spencer St was built in 1935.
How does 787 Spencer St compare to others on Spencer St?
We track 8 other properties on Spencer St. Browse the list under "Other properties on Spencer St" to compare beds, baths, and sale history.
What are the property facts for 787 Spencer St?
787 Spencer St is a 3 bed, 2 bath, 1,416 sqft, 5,811 sqft lot single_family.
Is 787 Spencer St a flip candidate?
No — 787 Spencer St does not appear in our flips dataset.
Is 787 Spencer St a tax-appeal candidate?
No — 787 Spencer 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 Spencer St