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1 Surf Way

Monterey, CA 93940

2 bd 2 ba 1,023 sqft Built 1993 Lot 1,033 sqft condos
Most recent sale
$1,300,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $1,300,000 Public Record
Jun 7, 2022 Price changed $1,349,000 MLS #ML81891242
May 12, 2022 Listed $1,400,000 MLS #ML81891242
Mar 2, 2021 Sold $910,000 MLS #ML81828913
May 15, 2015 Sold $555,000 MLS #ML81450736
May 8, 2015 Price changed $588,000 MLS #81450736
Feb 13, 2015 Listed $588,000 MLS #ML81450736
Dec 31, 2014 Listing removed $575,000 MLSListings
Dec 15, 2014 Price changed $575,000 MLS #81432769
Sep 23, 2014 Price changed $599,000 MLS #81432769
Sep 9, 2014 Listed $625,000 MLS #81432769
Sep 8, 2014 Listed $575,000 MLS #ML81432769
Nov 17, 1998 Sold $327,000 Public Record
Apr 26, 1996 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $728,280 $624,240 $1,352,520 $15,518
2024 $728,280 $624,240 $1,352,520 $14,360
2023 $700,000 $600,000 $1,300,000 $14,092
2022 $469,200 $459,000 $928,200 $10,133
2021 $144,340 $471,885 $616,225 $6,699
2020 $142,860 $467,047 $609,907 $6,444
2019 $140,059 $457,890 $597,949 $6,764
2018 $137,313 $448,912 $586,225 $6,490
2017 $134,621 $440,110 $574,731 $6,007
2016 $131,982 $431,481 $563,463 $5,898
2015 $256,967 $169,570 $426,537 $4,533
2014 $251,934 $166,249 $418,183 $4,454
2013 $250,796 $165,498 $416,294 $4,358
2012 $245,879 $162,253 $408,132 $4,327
2011 $241,058 $159,072 $400,130 $4,251
2010 $239,257 $157,884 $397,141 $4,096
2009 $239,826 $158,260 $398,086 $4,109
2008 $235,124 $155,157 $390,281 $4,019
2007 $230,514 $152,115 $382,629 $3,937

Property facts

Year built
1993
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,023 sqft
Lot size
1,033 sqft
ZIP code
93940
City
Monterey
Street
Surf Way
Coordinates
36.60572, -121.86686

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
$7,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Surf Way last sell?
1 Surf Way most recently sold on Aug 22, 2022 for $1,300,000.
What is the current tax assessment for 1 Surf Way?
The most recent total assessment for 1 Surf Way (year 2025) is $1,352,520 with $15,518 in property tax.
How does 1 Surf Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,300,000.
When was 1 Surf Way built?
1 Surf Way was built in 1993.
How does 1 Surf Way compare to others on Surf Way?
We track 8 other properties on Surf Way. Browse the list under "Other properties on Surf Way" to compare beds, baths, and sale history.
What are the property facts for 1 Surf Way?
1 Surf Way is a 2 bed, 2 bath, 1,023 sqft, 1,033 sqft lot condos.
Is 1 Surf Way a flip candidate?
Yes — 1 Surf Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1 Surf Way a tax-appeal candidate?
No — 1 Surf Way 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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