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1 Surf Way

Monterey, CA 93940

2 bd 2 ba 1,023 sqft Built 1993 Lot 1,142 sqft condos
Most recent sale
$1,450,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $1,450,000 MLS #ML81899898
Jul 12, 2022 Listed $1,339,000 MLS #ML81899898
Jun 28, 2022 Listing removed $1,298,000 MLSListings
Jun 22, 2022 Listing removed $1,298,000 MLSListings
Apr 15, 2022 Listed $1,298,000 MLS #ML81887111
Jun 30, 1999 Sold $390,000 Public Record
Jun 19, 1997 Sold $325,000 Public Record
Mar 22, 1996 Sold $278,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $832,320 $676,260 $1,508,580 $17,286
2024 $832,320 $676,260 $1,508,580 $15,997
2023 $800,000 $650,000 $1,450,000 $15,712
2022 $347,157 $228,972 $576,129 $6,306
2021 $340,350 $224,483 $564,833 $6,214
2020 $336,861 $222,182 $559,043 $5,979
2019 $330,256 $217,826 $548,082 $6,276
2018 $323,781 $213,555 $537,336 $6,024
2017 $317,433 $209,368 $526,801 $5,577
2016 $311,209 $205,263 $516,472 $5,477
2015 $306,535 $202,180 $508,715 $5,398
2014 $300,531 $198,220 $498,751 $5,304
2013 $299,173 $197,325 $496,498 $5,190
2012 $293,307 $193,456 $486,763 $5,153
2011 $287,556 $189,663 $477,219 $5,062
2010 $285,407 $188,246 $473,653 $4,878
2009 $286,086 $188,694 $474,780 $4,893
2008 $280,477 $184,995 $465,472 $4,786
2007 $274,978 $181,368 $456,346 $4,688

Property facts

Year built
1993
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,023 sqft
Lot size
1,142 sqft
ZIP code
93940
City
Monterey
Street
Surf Way
Coordinates
36.60568, -121.86678

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
$8,700
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 4, 2022 for $1,450,000.
What is the current tax assessment for 1 Surf Way?
The most recent total assessment for 1 Surf Way (year 2025) is $1,508,580 with $17,286 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 $1,450,000.
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, 1,142 sqft lot condos.
Is 1 Surf Way a flip candidate?
No — 1 Surf Way does not appear in our flips dataset.
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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