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802 Martin Luther King Jr Dr

Smithfield, NC 27577

2 bd 1 ba 720 sqft Built 1974 Lot 5,663 sqft single_family
Most recent sale
$70,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2023 Sold $140,000 Public Record
May 26, 2022 Price changed $129,900 MLS #2449657
May 20, 2022 Listed $139,900 MLS #2449657
Mar 18, 2022 Sold $70,000 Public Record
Dec 1, 1999 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $111,400 $30,000 $141,400 $1,371
2023 $40,150 $10,000 $50,150 $631
2022 $40,150 $10,000 $50,150 $651
2021 $40,150 $10,000 $50,150 $652
2020 $40,150 $10,000 $50,150 $667
2019 $40,150 $10,000 $50,150 $667
2018 $40,670 $7,810 $48,480 $654
2017 $40,670 $7,810 $48,480 $654
2016 $40,670 $7,810 $48,480 $654
2015 $40,670 $7,810 $48,480 $654
2014 $40,670 $7,810 $48,480 $654
2013 $40,670 $7,810 $48,480 $654
2011 $40,670 $7,810 $48,480 $654
2010 $39,310 $7,810 $47,120 $636
2009 $39,310 $7,810 $47,120 $636
2008 $39,310 $7,810 $47,120 $636

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
5,663 sqft
ZIP code
27577
City
Smithfield
Street
Martin Luther King Jr Dr
Coordinates
35.49804, -78.34125

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 802 Martin Luther King Jr Dr last sell?
802 Martin Luther King Jr Dr most recently sold on Mar 18, 2022 for $70,000.
What is the current tax assessment for 802 Martin Luther King Jr Dr?
The most recent total assessment for 802 Martin Luther King Jr Dr (year 2025) is $141,400 with $1,371 in property tax.
How does 802 Martin Luther King Jr Dr's assessment compare to its last sale price?
The current assessment is 102.0% above the last sale price of $70,000.
When was 802 Martin Luther King Jr Dr built?
802 Martin Luther King Jr Dr was built in 1974.
How does 802 Martin Luther King Jr Dr compare to others on Martin Luther King Jr Dr?
We track 4 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 802 Martin Luther King Jr Dr?
802 Martin Luther King Jr Dr is a 2 bed, 1 bath, 720 sqft, 5,663 sqft lot single_family.
Is 802 Martin Luther King Jr Dr a flip candidate?
Yes — 802 Martin Luther King Jr Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 802 Martin Luther King Jr Dr a tax-appeal candidate?
No — 802 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
-5.2%
Implied 1-yr
-20.8%
2026 Q3
$261.8K
2026 Q4
$253.1K
ZIP 27577 — Median Price History + Forecast

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