511 Martin Luther King Dr
Chipley, FL 32428
2 bd 2 ba 1,304 sqft Built 2006 Lot 47,916 sqft single_family
Most recent sale
$185,500
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $185,500 | MLS #721314 |
| May 17, 2022 | Sold | $190,000 | MLS #721314 |
| Apr 21, 2022 | Relisted | $185,500 | MLS #721314 |
| Mar 28, 2022 | Price changed | $185,500 | MLS #721314 |
| Feb 10, 2022 | Price changed | $175,000 | MLS #721314 |
| Jan 21, 2022 | Listed | $179,999 | MLS #721314 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $150,421 | $2,111 |
| 2023 | $133,674 | $8,250 | $141,924 | $2,026 |
| 2022 | $121,480 | $6,820 | $128,300 | $2,662 |
| 2021 | — | — | $77,698 | $483 |
| 2020 | — | — | $76,211 | $469 |
| 2019 | — | — | $74,498 | $466 |
| 2018 | $67,389 | $5,720 | $73,109 | $471 |
| 2017 | $66,483 | $5,500 | $71,983 | $482 |
| 2016 | $66,351 | $5,500 | $71,851 | $494 |
| 2015 | $66,351 | $5,500 | $71,851 | $509 |
| 2014 | — | — | $71,851 | $515 |
| 2013 | — | — | $72,181 | $499 |
| 2010 | — | — | $74,570 | $530 |
| 2009 | — | — | $74,019 | $525 |
| 2008 | — | — | $73,945 | $515 |
| 2007 | — | — | $71,791 | $600 |
Property facts
Year built
2006
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,304 sqft
Lot size
47,916 sqft
ZIP code
32428
City
Chipley
Street
Martin Luther King Dr
Coordinates
30.79085, -85.53637
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,113
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 511 Martin Luther King Dr last sell?
511 Martin Luther King Dr most recently sold on May 18, 2022 for $185,500.
What is the current tax assessment for 511 Martin Luther King Dr?
The most recent total assessment for 511 Martin Luther King Dr (year 2025) is $150,421 with $2,111 in property tax.
How does 511 Martin Luther King Dr's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $185,500.
When was 511 Martin Luther King Dr built?
511 Martin Luther King Dr was built in 2006.
How does 511 Martin Luther King Dr compare to others on Martin Luther King Dr?
We track 8 other properties on Martin Luther King Dr. Browse the list under "Other properties on Martin Luther King Dr" to compare beds, baths, and sale history.
What are the property facts for 511 Martin Luther King Dr?
511 Martin Luther King Dr is a 2 bed, 2 bath, 1,304 sqft, 47,916 sqft lot single_family.
Is 511 Martin Luther King Dr a flip candidate?
No — 511 Martin Luther King Dr does not appear in our flips dataset.
Is 511 Martin Luther King Dr a tax-appeal candidate?
No — 511 Martin Luther King Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.7%
2026 Q3
$200K
2026 Q4
$208K
ZIP 32428 — Median Price History + Forecast
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Geography