Off Market May 1987 for $125K
$626,568
Est. refi paymentEst. refi $778/mo
1
bd
1 ba
1,039
sq ft

250 Forest Ridge Rd #31, Monterey, CA 93940

map-entry

About this home

250 Forest Ridge Rd #31 is a 1,039 square foot condo with 1 bedroom and 1 bathroom. - it last sold on May 06, 1987 for $125,000. Based on Redfin's Monterey data, we estimate the home's value is $626,568.
CondoProperty Type
1974Year Built
$603Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$626,568
$502K since sold in May 1987$4,000 since July

This home's estimate is 18% lower than the average sale price ($764K) of 6 comparable homes.

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Earn from this home

Sell
$593,112
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$3,503/mo
Redfin rental estimate

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Market trends in 93940, CA

Sale history for 250 Forest Ridge Rd #31

Tax history for 250 Forest Ridge Rd #31

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

PC

Planned Community District

Establish a procedure for the development of large parcels of land in order to reduce or eliminate the rigidity, delays, and conflicts that otherwise would result from application of zoning standards and procedures designed primarily for small parcels; Ensure orderly and thorough planning and review procedures that will result in quality urban design; Encourage variety and avoid monotony in large developments by allowing greater freedom in selecting the means to provide access, light, open space, and amenity; Provide a mechanism whereby the City may authorize desirable developments, consistent with the General Plan and applicable area plans or specific plans, without inviting speculative rezoning applications, which, if granted, often could deprive other owners of development opportunities without resulting in construction of the proposed facilities; Encourage allocation and improvement of common open space in residential areas, and provide for maintenance of the open space at the expense of those who will directly benefit from it; Encourage the assembly of properties that might otherwise be developed in unrelated increments to the detriment of surrounding neighborhoods.
Permitted uses

Include but are not limited to:

  • Housing-Single unit
  • Housing-Multiple units

Property details

About this building

1 for sale
250 Forest Ridge Rd, Monterey, CA 93940
Photo via 250 Forest Ridge Rd #11
Units for sale
$650,0002 beds1 bath1193 sq ft

Around this home

Schools

Monte Vista

Public K-8 • Assigned • 0.4mi

6/10
Monterey High School

Public 9-12 • Assigned • 1.0mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

1/10 Heat Factor

1 hot days expected this year, 1 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

8 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Monterey, CA • 93940
Average low and high temperatures (°F)
63
45
64
47
65
49
63
50
64
52
66
55
65
55
69
57
70
57
69
54
64
48
63
48
Jan
Feb
Mar
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May
Jun
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Aug
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Dec

Sun exposure

In this area, properties receive around 10.8 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

10.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$596,000 – $721,000

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GreatSchools Ratings provided by GreatSchools.org.