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507 Dr Martin Luther King Jr St

Eloy, AZ 85131

4 bd 2 ba 1,470 sqft Built 1984 Lot 7,459 sqft single_family
Most recent sale
$240,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $240,000 ArizonaRegionalMLS
Feb 22, 2024 Price changed $235,000 ArizonaRegionalMLS
Feb 6, 2024 Price changed $240,000 ArizonaRegionalMLS
Feb 5, 2024 Listed for rent $1,800 ArizonaRegionalMLS
Jan 29, 2024 Price changed $250,000 ArizonaRegionalMLS
Dec 29, 2023 Price changed $255,000 ArizonaRegionalMLS
Dec 5, 2023 Price changed $260,000 ArizonaRegionalMLS
Nov 2, 2023 Price changed $265,000 ArizonaRegionalMLS
Oct 23, 2023 Price changed $285,000 ArizonaRegionalMLS
Oct 9, 2023 Listed $305,000 ArizonaRegionalMLS
May 2, 2023 Listing removed ArizonaRegionalMLS
Apr 28, 2023 Sold $108,000 Public Record
Apr 7, 2023 Price changed $125,000 ArizonaRegionalMLS
Apr 1, 2023 Listed $140,000 ArizonaRegionalMLS
Mar 28, 2023 Sold $50,000 Public Record
Apr 11, 2013 Listing removed $21,000 ArizonaRegionalMLS
Apr 4, 2013 Relisted $21,000 ArizonaRegionalMLS
Mar 28, 2013 Listing removed $21,000 ArizonaRegionalMLS
Mar 1, 2013 Price changed $21,000 ArizonaRegionalMLS
Jan 29, 2013 Price changed $24,000 ArizonaRegionalMLS
Dec 28, 2012 Price changed $27,000 ArizonaRegionalMLS
Dec 3, 2012 Listed $30,000 ArizonaRegionalMLS
Sep 1, 1999 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $8,453 $250 $8,703 $650
2023 $7,094 $250 $7,344 $737
2022 $4,556 $250 $4,806 $713
2020 $4,645 $250 $4,895 $635
2018 $3,687 $250 $3,937 $556
2017 $3,058 $250 $3,308 $541
2016 $2,931 $250 $3,181 $566
2015 $2,934 $250 $3,184 $573
2014 $3,012 $250 $3,262 $541
2013 $2,793 $250 $3,043 $547
2012 $2,793 $250 $3,043 $534
2011 $2,793 $250 $3,043 $498
2009 $4,714 $500 $5,214 $843
2008 $5,988 $50 $6,038 $924
2007 $6,475 $50 $6,525 $939

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,470 sqft
Lot size
7,459 sqft
ZIP code
85131
City
Eloy
Street
Dr Martin Luther King Jr St
Coordinates
32.75013, -111.56417

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,279
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value

Frequently asked questions

When did 507 Dr Martin Luther King Jr St last sell?
507 Dr Martin Luther King Jr St most recently sold on Apr 5, 2024 for $240,000.
What is the current tax assessment for 507 Dr Martin Luther King Jr St?
The most recent total assessment for 507 Dr Martin Luther King Jr St (year 2025) is $8,703 with $650 in property tax.
How does 507 Dr Martin Luther King Jr St's assessment compare to its last sale price?
The current assessment is 96.4% below the last sale price of $240,000.
When was 507 Dr Martin Luther King Jr St built?
507 Dr Martin Luther King Jr St was built in 1984.
How does 507 Dr Martin Luther King Jr St compare to others on Dr Martin Luther King Jr St?
We track 8 other properties on Dr Martin Luther King Jr St. Browse the list under "Other properties on Dr Martin Luther King Jr St" to compare beds, baths, and sale history.
What are the property facts for 507 Dr Martin Luther King Jr St?
507 Dr Martin Luther King Jr St is a 4 bed, 2 bath, 1,470 sqft, 7,459 sqft lot single_family.
Is 507 Dr Martin Luther King Jr St a flip candidate?
Yes — 507 Dr Martin Luther King Jr St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Dr Martin Luther King Jr St a tax-appeal candidate?
No — 507 Dr Martin Luther King Jr St 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
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$214.4K
2026 Q4
$213.7K
ZIP 85131 — Median Price History + Forecast

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