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Sold for $875,000
    • Tax assessed value
    $875,000

    1261 3rd St, Monterey, CA 93940

    3beds
    1,292sqft
    Single Family Residence, Residential
    Built in 1927
    4,000 Square Feet Lot
    $872,300 Zestimate®
    $677/sqft
    $4,998 Estimated rent

    Home value

    $872,300

    $759,000 - $1.00M

    $4,998/mo

    Zestimate® history
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    What's special

    Spanish-style bungalowLarge backyardVintage allureGenerous dining room
    Discover this charming 3-bed, 2-bath Spanish-style bungalow in Montereys Oak Grove neighborhood, close proximity to the Pacific Ocean, Naval Postgraduate School, Downtown Monterey, and Fisherman's Wharf. Brimming with vintage allure, this home is ready for updates to restore its former glory. The layout offers a cozy living area, ideal for relaxing or entertaining, generous dining room with a large backyard perfect for coastal evenings. Situated in a vibrant neighborhood, enjoy easy access to Monterey's beaches, dining, and cultural attractions. A rare opportunity to reimagine a gem in a prime location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Cardinale 02045240 831-277-7600,

    Sotheby’s International Realty 831-624-1566

    Bought with:

    , 01966766

    Monterey Coast Realty

    Source: MLSListings Inc,MLS#: ML82015365MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Basement
    Bedroom
    • Features: GroundFloorBedroom, BedroomonGroundFloor2plus
    Bathroom
    • Features: ShoweroverTub1, StallShower
    Dining room
    • Features: BreakfastNook, FormalDiningRoom
    Family room
    • Features: SeparateFamilyRoom
    Kitchen
    • Features: Countertop_Formica, Countertop_Granite
    Heating
    • Central Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Electric Cooktop, Oven/Range
    • Laundry: Gas Dryer Hookup
    Features
    • Flooring: Hardwood, Laminate, Vinyl Linoleum, Wood
    • Doors: None
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,292
    • Total interior livable area: 1,292 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    • Exterior features: Back Yard, Fenced
    • Fencing: Mixed Height Type
    Lot
    • Size: 4,000 Square Feet
    • Features: Mostly Level
    Details
    • Parcel number: 001833009000
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Concrete
    • Foundation: Block, Combination, Concrete Perimeter, Pillar/Post/Pier, Wood Frame
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Water Public

    Community & HOA

    Location
    • Region: Monterey

    Financial & listing details

    • Price per square foot: $677/sqft
    • Tax assessed value: $875,000
    • Date on market: 7/21/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    8/25/2025Sold$875,000+16.7%$677/sqft
    Source: MLSListings Inc #ML82015365 Report a problem
    8/11/2025Pending sale$750,000$580/sqft
    Source: MLSListings Inc #ML82015365 Report a problem
    7/25/2025Contingent$750,000$580/sqft
    Source: MLSListings Inc #ML82015365 Report a problem
    7/21/2025Listed for sale$750,000$580/sqft
    Source: MLSListings Inc #ML82015365 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $875,000 +841.7%
    2025$1,233 +9.6%$92,917 +2%
    2024$1,124 +12.6%$91,096 +2%
    2023$998 +1.5%$89,311 +2%
    2022$984 +1.5%$87,561 +2%
    2021$969 +3.7%$85,845 +1%
    2020$934 -3.8%$84,965 +2%
    2019$972 +3.8%$83,300 +2%
    2018$936 +7.4%$81,667 +2%
    2017$872 $80,067 +2%
    2016-- $78,498 +1.5%
    2015$829 $77,320 +2%
    2014$829 $75,806 +2.5%
    2012-- $73,985 +2%
    2011-- $72,535 +0.8%
    2010-- $71,993 -0.2%
    2009-- $72,165 +2%
    2008-- $70,751 +2%
    2007-- $69,365 +2%
    2006-- $68,005 +2%
    2005-- $66,673 +2%
    2004-- $65,367 +1.9%
    2003-- $64,170 +2%
    2002-- $62,912 +2%
    2001$564 $61,680 +2%
    2000-- $60,470
    Find assessor info on the county website

    Neighborhood: Oak Grove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MontereyPeninsulaUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $872,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $872,300

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