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401 Dr Martin Luther King Jr Way

Selma, NC 27576

2 bd 2 ba 995 sqft Built 1958 Lot 10,454 sqft single_family
Most recent sale
$210,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $210,000 MLS #100334896
Jun 22, 2022 Listed $210,000 MLS #100334896
Jun 21, 2022 Listed $210,000 MLS #2457302
May 26, 2022 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,440 $30,000 $202,440 $2,267
2023 $80,070 $10,000 $90,070 $1,161
2022 $42,920 $10,000 $52,920 $703
2021 $42,920 $10,000 $52,920 $693
2020 $42,920 $10,000 $52,920 $704
2019 $42,920 $10,000 $52,920 $688
2018 $42,500 $9,210 $51,710 $683
2017 $42,500 $9,210 $51,710 $667
2016 $42,500 $9,210 $51,710 $667
2015 $42,500 $9,210 $51,710 $667
2014 $42,500 $9,210 $51,710 $667
2013 $51,710 $667
2011 $42,500 $9,210 $51,710 $667
2010 $39,540 $9,210 $48,750 $639
2009 $39,540 $9,210 $48,750 $638
2008 $39,540 $9,210 $48,750 $639

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
995 sqft
Lot size
10,454 sqft
ZIP code
27576
City
Selma
Street
Dr Martin Luther King Jr Way
Coordinates
35.53620, -78.28774

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,343
Gross rental yield
7.67%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 401 Dr Martin Luther King Jr Way last sell?
401 Dr Martin Luther King Jr Way most recently sold on Aug 1, 2022 for $210,000.
What is the current tax assessment for 401 Dr Martin Luther King Jr Way?
The most recent total assessment for 401 Dr Martin Luther King Jr Way (year 2025) is $202,440 with $2,267 in property tax.
How does 401 Dr Martin Luther King Jr Way's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $210,000.
When was 401 Dr Martin Luther King Jr Way built?
401 Dr Martin Luther King Jr Way was built in 1958.
How does 401 Dr Martin Luther King Jr Way compare to others on Dr Martin Luther King Jr Way?
We track 8 other properties on Dr Martin Luther King Jr Way. Browse the list under "Other properties on Dr Martin Luther King Jr Way" to compare beds, baths, and sale history.
What are the property facts for 401 Dr Martin Luther King Jr Way?
401 Dr Martin Luther King Jr Way is a 2 bed, 2 bath, 995 sqft, 10,454 sqft lot single_family.
Is 401 Dr Martin Luther King Jr Way a flip candidate?
Yes — 401 Dr Martin Luther King Jr Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 401 Dr Martin Luther King Jr Way a tax-appeal candidate?
No — 401 Dr Martin Luther King Jr Way 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$397.5K
2026 Q4
$399.2K
ZIP 27576 — Median Price History + Forecast

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