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125 Surf Way

Monterey, CA 93940

3 bd 2 ba 1,602 sqft Built 1993 condos
Most recent sale
$1,640,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $1,640,000 MLS #ML81880958
May 16, 2018 Sold $949,000 MLS #ML81698965
Apr 3, 2018 Listed $949,000 MLS #ML81698965
Feb 19, 1997 Sold $350,000 Public Record
Aug 31, 1995 Sold $303,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,061,208 $679,173 $1,740,381 $19,912
2024 $1,061,208 $679,173 $1,740,381 $18,429
2023 $1,020,000 $652,800 $1,672,800 $18,120
2022 $588,637 $428,880 $1,017,517 $11,104
2021 $577,096 $420,471 $997,567 $10,942
2020 $571,179 $416,160 $987,339 $10,525
2019 $559,980 $408,000 $967,980 $11,052
2018 $103,970 $29,620 $133,590 $1,451
2017 $101,932 $29,040 $130,972 $1,344
2016 $99,934 $28,471 $128,405 $1,319
2015 $98,433 $28,044 $126,477 $1,299
2014 $96,505 $27,495 $124,000 $1,275
2013 $96,069 $27,371 $123,440 $1,248
2012 $94,186 $26,835 $121,021 $1,237
2011 $92,340 $26,309 $118,649 $1,214
2010 $91,650 $26,113 $117,763 $1,171
2009 $91,868 $26,176 $118,044 $1,174
2008 $90,067 $25,663 $115,730 $1,147
2007 $88,301 $25,160 $113,461 $1,120

Property facts

Year built
1993
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,602 sqft
Lot size
ZIP code
93940
City
Monterey
Street
Surf Way
Coordinates
36.60494, -121.86597

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
$5,126
Gross rental yield
3.75%
Implied cap rate
2.44%
Trend-extrapolated value

Frequently asked questions

When did 125 Surf Way last sell?
125 Surf Way most recently sold on Mar 4, 2022 for $1,640,000.
What is the current tax assessment for 125 Surf Way?
The most recent total assessment for 125 Surf Way (year 2025) is $1,740,381 with $19,912 in property tax.
How does 125 Surf Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,640,000.
When was 125 Surf Way built?
125 Surf Way was built in 1993.
How does 125 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 125 Surf Way?
125 Surf Way is a 3 bed, 2 bath, 1,602 sqft condos.
Is 125 Surf Way a flip candidate?
No — 125 Surf Way does not appear in our flips dataset.
Is 125 Surf Way a tax-appeal candidate?
No — 125 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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