331 Monroe St, Monterey, CA 93940
Property image
Property image
OFF MARKET

331 Monroe St
Monterey, CA 93940

Old Town
  • 2 Beds
  • 2 Baths
  • 1,250 sqft

$1,071,700

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $6,516/mo*
Refinance Your Home

$1,071,700

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $6,516/mo*
Refinance Your Home
2 Beds
2 Baths
1,250 sqft

Home Value

Trulia Estimate
$1.07M
Since last month
Increased$2K (+0.2%)
Since last year
Decreased$16K (-1.4%)
Since last sale
Increased$642K (+149.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +57% in the last 10 years
MonthEstimated value
2026
August 2026$1.07M
July 2026$1.07M
June 2026$1.11M
May 2026$1.11M
April 2026$1.13M
March 2026$1.08M
February 2026$1.05M
January 2026$1.02M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
318 Clay St, Monterey, CA
0.10
Single-Family Home
$795,000
07/30/26
2
1
994
926 Roosevelt St, Monterey, CA
0.18
Single-Family Home
$1,048,000
02/25/26
3
2
1,532
1028 W Franklin St, Monterey, CA
0.27
Single-Family Home
$1,425,000
09/10/25
2
2
1,242
113 Seeno St, Monterey, CA
0.22
Single-Family Home
$1,400,000
04/01/26
2
2
2,517
1122 Harrison St, Monterey, CA
0.42
Single-Family Home
$1,250,000
08/21/26
2
2
1,532
928 Hellam St, Monterey, CA
0.13
Single-Family Home
$1,755,000
07/16/26
3
2
2,030
898 W Franklin Street, Monterey, CA
0.10
Single-Family Home
$960,000
01/22/26
5
2
1,835
957 Johnson St, Monterey, CA
0.29
Single-Family Home
$775,000
05/15/26
4
2
1,420
1056 Harrison St, Monterey, CA
0.33
Single-Family Home
$1,322,500
10/15/25
4
1.5
1,655
338 Watson St, Monterey, CA
0.03
Single-Family Home
$1,425,000
09/19/25
5
3.5
1,975

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
338 Watson St, Monterey, CA 93940
0.03
$1,417,600
5
3.5
1,975
Off Market
343 Watson St, Monterey, CA 93940
0.07
$1,191,000
3
2
1,400
Off Market
402 Watson St #5, Monterey, CA 93940
0.10
$831,700
2
2
854
Off Market
833 Hellam St, Monterey, CA 93940
0.06
$1,025,000
3
1.5
1,357
For Sale
291 Watson St, Monterey, CA 93940
0.08
$1,737,000
3
4
3,346
Recently Sold
402 Watson St #6, Monterey, CA 93940
0.11
$656,000
2
2
908
Off Market
541 & 539 W Franklin St, Monterey, CA 93940
0.10
$1,649,000
3
2.5
1,707
For Sale
898 W Franklin Street, Monterey, CA 93940
0.10
$960,000
5
2
1,835
Recently Sold
443 Watson St, Monterey, CA 93940
0.14
$1,600,000
13
7
3,726
Recently Sold
318 Clay St, Monterey, CA 93940
0.10
$795,000
2
1
994
Recently Sold
901 W Franklin St, Monterey, CA 93940
0.13
$1,375,500
4
2
1,869
Off Market
202 Watson St, Monterey, CA 93940
0.12
$2,377,000
5
2.5
2,772
For Sale

Local Information

  • Map ViewExplore the area around 331 Monroe St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1936
Living Area
1,250 sqft
Price/Sqft
$857
Parking
Garage

About this House

Beautifully remodeled 2 bedroom (plus den), 2 bathroom home in great central location of Old Monterey. Located near the DLI and downtown Monterey, this home has approximately 1,250 square feet of living area, all on one level inside the home. The interior of this home is very light and cheery and most of the home features beautiful wood floors. The living room is very spacious; in fact, a portion of it could be used as a dining area and the dining area off the kitchen could be used as a family area. Both bedrooms have wood flooring and share a bathroom that is directly adjacent to both. That bathroom has a shower over tub. There is also a hallway guest bathroom that features a very spacious and beautiful tile shower stall. The kitchen is open and spacious and has beautiful wood flooring, lots of handsome light oak cabinetry, an island with an extra-large sink, calcite kitchen counters (Granite-like), a stainless steel refrigerator (icemaker does not work), a self-cleaning gas range/convection oven, and a dishwasher. Off the kitchen is a spacious deck overlooking the rear yard. The home has central heating and a stackable washer and electric dryer are provided in a closet near the kitchen. There is a one-car garage, but it may be too small for some cars, trucks. Rent includes basic gardening and sewer. A portion of the rear yard and storage shed is excluded from rental and owner is fencing it off so she can access it without disturbing the resident. No smoke/pets. Available immediately.
331 Monroe St, Monterey, CA 93940 is a 2 bedroom, 2 bathroom, 1,250 sqft single-family home in Old Town, built in 1936. It last sold for $430,000 on Oct 31, 2012. More recently, it was listed as a rental in October 2017 with an asking price of $2,595 per month. That rental listing was removed on October 14, 2017. It is currently off market. The Trulia Estimate is $1,071,700, with a rent estimate of $3,452/month.

Home Details for 331 Monroe St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 7Types of Rooms: Breakfast Nook, Library
Appliances & Utilities
Cable ReadyDishwasherRefrigeratorWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1936Year Updated: 1936
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Patio
Parking & Garage
GarageParking: Off Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 6300 sqft

Price and Tax history

DateEventPrice
Oct 14, 2017
Source: Agent Provided
ListingRemoved
$2,595
Oct 3, 2017
Source: Agent Provided
Listed For Rent
$2,595
May 18, 2015
Source: Agent Provided
ListingRemoved
$2,395
May 7, 2015
Source: Agent Provided
Listed For Rent
$2,395
Oct 31, 2012
Source: N/A
Sold
$430,000

Market trends in Monterey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.1M
Sale-to-List Price
98.3%
Price per sq ft
$707
Available listings
97
1MoM

Around this home

Neighborhood Overview

Old Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 20 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 86 % Say people would walk alone at night

  • 80 % Say there are sidewalks

  • 77 % Say it's walkable to restaurants

  • 71 % Say there's wildlife

  • 71 % Say it's walkable to grocery stores

  • 62 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 55 % Say parking is easy

  • 51 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 48 % Say it's quiet

  • 45 % Say they plan to stay for at least 5 years

  • 33 % Say kids play outside

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Everything is within walking distance I actually can get by without a car although I have one. My commute time is 10 minutes or less"
    0
    Flag
  • Felicia M.
    "You see dogs walking with their owners all the time. And most owners are conscientious about picking up the poop left by their dogs. Monterey is a dog-friendly community. "
    2
    Flag
  • Felicia M.
    "I see many people walk their dogs in the neighborhood. I love dogs and put up a “Pick up your puppy’s poop, please”. Most owners pick up their dog’s poop which I’m grateful for. "
    0
    Flag
  • Felicia M.
    "Large park within walking distance. Lots of people walk their dogs around El Estero Park. Also near the beach and the Recreation Trail. "
    1
    Flag
  • Mcurtinsax
    "This is Old Town Monterey. Spaghetti Hill, settled by Italian fishermen whose founding families ply their trade to this day. The Defense Language Institute above. The small downtown below. The original capital of California. Lots of history and events. Big Sur,Pinnacles, etc. This is Steinbeck country. If you can afford it, it’s great."
    6
    Flag
  • Mcurtinsax
    "My daughter lives with her husband and my ex-wife lives in Sonoma near Morton’s pool. I live in Monterey which is a beautiful area but gets crowded all summer (and much of the rest of the year) with tourists for the many events they offer. When I came out to visit, the older houses and natural areas made me decide to commit to moving out here."
    4
    Flag
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."
    2
    Flag
  • Fzaidi786
    "I love Monterey. It is a beautiful beach town. Grocery n other stuff is so accessible. There is not a lot traffic. "
    0
    Flag
  • Warrenthek
    "I have lived here for several years. Walking access to downtown Monterey is excellent. Good quiet neighborhood. MIIS students love the proximity to the Institute."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 331 Monroe St

  • What is 331 Monroe St estimated to be worth?
    Trulia's estimated value for 331 Monroe St in Monterey, CA is $1,071,700.
  • What is the price history for 331 Monroe St?
    331 Monroe St in Monterey, CA last sold for $430,000 in October 2012.
  • Is Monterey a buyer's or seller's market?
    Monterey is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Monterey?
    The median sale price in Monterey is $1.1M.
  • How big is the lot at 331 Monroe St?
    The lot at 331 Monroe St in Monterey, CA is about 0.14 acres (6,300 sq ft).
  • Does 331 Monroe St have a garage?
    Yes, 331 Monroe St in Monterey, CA has a garage.

Explore by feature - Pet Friendly

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