1301 Martin Luther King Ave
Kannapolis, NC 28083
3 bd 3 ba 2,139 sqft Built 1950 Lot 40,075 sqft single_family
Most recent sale
$350,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $350,000 | MLS #3903340 |
| Sep 9, 2022 | Listed | $359,000 | MLS #3903340 |
| Jul 9, 2020 | Sold | $218,000 | Public Record |
| May 14, 2020 | Sold | $160,000 | Public Record |
| May 1, 1996 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $309,360 | $50,000 | $359,360 | $4,080 |
| 2023 | $131,570 | $26,000 | $157,570 | $2,158 |
| 2022 | $131,570 | $26,000 | $157,570 | $2,158 |
| 2021 | $131,570 | $26,000 | $157,570 | $2,159 |
| 2020 | $123,500 | $26,000 | $149,500 | $2,048 |
| 2019 | $107,320 | $15,300 | $122,620 | $1,680 |
| 2018 | $107,320 | $15,300 | $122,620 | $1,655 |
| 2017 | $115,000 | $15,300 | $130,300 | $1,733 |
| 2016 | $115,000 | $15,300 | $130,300 | $1,733 |
| 2015 | $126,340 | $25,500 | $151,840 | $2,019 |
| 2014 | $126,340 | $25,500 | $151,840 | $1,974 |
| 2013 | $126,340 | $25,500 | $151,840 | $1,913 |
| 2012 | $126,340 | $25,500 | $151,840 | $1,913 |
| 2010 | $131,730 | $34,000 | $165,730 | $1,856 |
| 2009 | $131,730 | $34,000 | $165,730 | $1,856 |
| 2008 | $131,730 | $34,000 | $165,730 | $1,856 |
| 2007 | $111,720 | $29,480 | $141,200 | $1,591 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,139 sqft
Lot size
40,075 sqft
ZIP code
28083
City
Kannapolis
Street
Martin Luther King Ave
Coordinates
35.48989, -80.60494
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,888
Gross rental yield
9.90%
Implied cap rate
6.44%
Trend-extrapolated value
—
Frequently asked questions
When did 1301 Martin Luther King Ave last sell?
1301 Martin Luther King Ave most recently sold on Oct 14, 2022 for $350,000.
What is the current tax assessment for 1301 Martin Luther King Ave?
The most recent total assessment for 1301 Martin Luther King Ave (year 2025) is $359,360 with $4,080 in property tax.
How does 1301 Martin Luther King Ave's assessment compare to its last sale price?
The current assessment is 2.7% above the last sale price of $350,000.
When was 1301 Martin Luther King Ave built?
1301 Martin Luther King Ave was built in 1950.
How does 1301 Martin Luther King Ave compare to others on Martin Luther King Ave?
We track 8 other properties on Martin Luther King Ave. Browse the list under "Other properties on Martin Luther King Ave" to compare beds, baths, and sale history.
What are the property facts for 1301 Martin Luther King Ave?
1301 Martin Luther King Ave is a 3 bed, 3 bath, 2,139 sqft, 40,075 sqft lot single_family.
Is 1301 Martin Luther King Ave a flip candidate?
Yes — 1301 Martin Luther King Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1301 Martin Luther King Ave a tax-appeal candidate?
No — 1301 Martin Luther King Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$309.5K
2026 Q4
$313.4K