NOT LISTED FOR SALE

308 Mobley Rd Hamilton, GA 31811

Estimated Value: $260,000 - $303,000

6 Beds
4 Baths
3,024 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $275,000 $91 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,832/month

45 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Garage
  • Park Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2024

Rare Investment Opportunity in Hamilton, GA! Discover these all-brick duplex units generating steady income. Each side features a spacious layout with 3 bedrooms, 2 bathrooms, and 1512 sqft of living space, complemented by its own 2-car garage an ideal setup for tenants seeking comfort and convenience. Currently, each unit commands $1200 per month in rent with potential for increased rental income with each tenant on a month to month lease. Whether you're a seasoned investor or new to real estate, this is your chance to secure a reliable stream of rental income while building equity or live on one side and have passive income on the second duplex. Don't miss out on this rare opportunity schedule your viewing today and capitalize on this lucrative investment in Hamilton.

Last Agent to Sell the Property

ATL Property Professionals

Keller Williams Realty Consultants License #293943 Listed on: 07/12/2024

Keller Williams Realty Consultants

Co-Listed By

Marquia Watts

Keller Williams Realty Consultants License #388168

Last Buyer's Agent

Cheryl King

Coldwell Banker Realty License #390098

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2002

Lot Details

  • 0.53 Acre Lot

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Schools

  • Park Elementary School
  • Harris County Carver Middle School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mobley Plantation Subdivision

Building Details

  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2002
  • Co List Office: KWRO01
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .53
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Unit
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Park
  • High School: Other
  • High School Bus: No
  • Middle School: Harris County Carver
  • Middle School Bus: No

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2335

Multi Family

  • GrossIncome: 1200
  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 13, 2024
Sold by
Gregory Oscar
Bought by
Browne Rosetta Richardson
Seller's Agent
ATL Property Professionals
Keller Williams Realty Consultants
Buyer's Agent
Cheryl King
Coldwell Banker Realty
List Price
$287,500
Sold Price
$275,000
Premium/Discount to List
-$12,500
-4.35%
Views
36
Current Estimated Value
$286,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,350
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Marlowe Morgan J
Bought by
Gregory Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Morgan Booker Properti
Bought by
Marlowe Morgna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,550
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2008
Sold by
Marlowe Morgan J
Bought by
Morgan & Booker Properties Llc

Purchase Details

Closed on
Apr 18, 2008
Sold by
Ap Ventures Llc
Bought by
Morgan

Purchase Details

Closed on
Jan 15, 2004
Sold by
Ashley Emily L
Bought by
Ashley Robert L

Purchase Details

Closed on
Jan 6, 2003
Sold by
Whitten Robert G & Rose Ann Ent Inc
Bought by
Ashley Robert L and Ashley Emily L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Browne Rosetta Richardson $275,000 --
Gregory Oscar $192,400 --
Marlowe Morgna -- --
Morgan & Booker Properties Llc -- --
Morgan $390,960 --
Ashley Robert L $70,000 --
Ashley Robert L $21,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregory Oscar $144,300
Previous Owner Marlowe Morgna $157,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $275,000 -3.3% $91 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $284,500 -1.0% $94 / Sq Ft
07/12/2024 07/12/24 For Sale $287,500 -- $95 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,197 $109,362 $7,600 $101,762
2024 $2,868 $76,362 $6,536 $69,826
2023 $2,872 $76,487 $6,536 $69,951
2022 $2,335 $76,487 $6,536 $69,951
2021 $2,251 $70,675 $7,600 $63,075
2020 $1,569 $46,000 $7,600 $38,400
2019 $1,523 $46,000 $7,600 $38,400
2018 $1,549 $46,000 $7,600 $38,400
2017 $1,549 $46,000 $7,600 $38,400
2016 $1,434 $46,000 $7,600 $38,400
2015 $1,437 $46,000 $7,600 $38,400
2014 $1,310 $48,000 $7,600 $40,400
2013 -- $48,000 $7,600 $40,400
Source: Public Records

Agents Affiliated with this Home

  • ATL Property Professionals

    Seller's Agent in 2024

    ATL Property Professionals

    Keller Williams Realty Consultants

    (404) 348-0900

    161 Total Sales

    ATL Property Professionals
    Section Image
  • Marquia Watts

    Seller Co-Listing Agent in 2024

    Marquia Watts

    Keller Williams Realty Consultants

    (404) 933-9621

    41 Total Sales

    Marquia Watts
    Section Image
  • Cheryl King

    Buyer's Agent in 2024

    Cheryl King

    Coldwell Banker Realty

    (404) 267-7027

    11 Total Sales

    Cheryl King
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10337322

Georgia MLS

APN: 052-106

Georgia Harris County Hamilton 31811

308 Mobley Rd, Hamilton, GA

Not Listed for Sale

MultiFamily

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