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275 Martin Luther King Jr Dr

Cornelia, GA 30531

3 bd 2 ba 1,330 sqft Built 1930 Lot 6,098 sqft single_family
Most recent sale
$230,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $230,000 MLS #10037294
Apr 14, 2022 Listed $219,500 MLS #10037294
Feb 12, 2020 Sold $130,000 Public Record
Aug 1, 2018 Sold $124,000 MLS #8404243
Jun 22, 2018 Listed $124,900 MLS #8404243
Jul 21, 2016 Sold $94,400 Public Record
Apr 16, 2015 Sold $50,000 MLS #7358398
Feb 18, 2015 Relisted $52,400 MLS #7358398
Nov 21, 2014 Listing removed $52,400 GeorgiaMLS
Oct 30, 2014 Listed $52,400 MLS #7358398
Dec 7, 2004 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,624 $6,875 $96,499 $2,199
2024 $89,624 $6,875 $96,499 $2,021
2023 $63,280 $6,876 $70,156 $1,754
2022 $54,100 $4,124 $58,224 $1,518
2021 $48,000 $4,000 $52,000 $1,349
2020 $41,300 $4,124 $45,424 $1,221
2019 $41,300 $4,124 $45,424 $1,222
2018 $36,812 $4,124 $40,936 $1,093
2017 $33,388 $4,124 $37,512 $1,007
2016 $33,388 $4,124 $37,512 $978
2015 $27,368 $4,124 $31,492 $811
2014 $26,656 $4,124 $30,780 $808
2013 $26,656 $4,124 $30,780 $809
2012 $26,656 $4,124 $30,780 $764
2011 $26,996 $4,952 $31,948 $738
2010 $28,020 $5,500 $33,520 $754
2009 $28,020 $5,500 $33,520 $733
2008 $28,020 $5,500 $33,520 $733
2007 $27,076 $4,124 $31,200 $737

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,330 sqft
Lot size
6,098 sqft
ZIP code
30531
City
Cornelia
Street
Martin Luther King Jr Dr
Coordinates
34.51538, -83.52492

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,062
Gross rental yield
10.76%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 275 Martin Luther King Jr Dr last sell?
275 Martin Luther King Jr Dr most recently sold on May 12, 2022 for $230,000.
What is the current tax assessment for 275 Martin Luther King Jr Dr?
The most recent total assessment for 275 Martin Luther King Jr Dr (year 2025) is $96,499 with $2,199 in property tax.
How does 275 Martin Luther King Jr Dr's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $230,000.
When was 275 Martin Luther King Jr Dr built?
275 Martin Luther King Jr Dr was built in 1930.
How does 275 Martin Luther King Jr Dr compare to others on Martin Luther King Jr Dr?
We track 3 other properties on Martin Luther King Jr Dr. Browse the list under "Other properties on Martin Luther King Jr Dr" to compare beds, baths, and sale history.
What are the property facts for 275 Martin Luther King Jr Dr?
275 Martin Luther King Jr Dr is a 3 bed, 2 bath, 1,330 sqft, 6,098 sqft lot single_family.
Is 275 Martin Luther King Jr Dr a flip candidate?
No — 275 Martin Luther King Jr Dr does not appear in our flips dataset.
Is 275 Martin Luther King Jr Dr a tax-appeal candidate?
No — 275 Martin Luther King Jr Dr 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
+7.8%
Implied 1-yr
+31.2%
2026 Q3
$572.1K
2026 Q4
$601.8K
ZIP 30531 — Median Price History + Forecast

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