Seller's Agent in 2025
Philip Lancaster
Rock Point Real Estate
(423) 752-0710
1 in this area
8 Total Sales
7632 Mallette Rd Chattanooga, TN 37416
Tyner Neighborhood
3
Beds
1.5
Baths
1,188
Sq Ft
0.4
Acres
Highlights
- Ranch Style House
- Brick Exterior Construction
- Central Heating and Cooling System
- No HOA
- 1 Attached Carport Space
About This Home
As of August 2025PROVEN INCOME PROPERTY. This solid income-producing asset is located just off of Bonny Oaks Dr., a major traffic artery with quick access to highways, Hamilton Mall, Hixson, Chickamauga Lake, Harrison Bay, and downtown Chattanooga. Always a quick-to-lease rental with a reliable income stream. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 5.1%. Updated electrical panel to be completed in June 2025. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal.
PHOTOS: The only interior photos we have currently are branded with our watermark and so cannot be published on the MLS. You may request those be sent by email.
NOTE RE ACCESS: Since this is an occupied rental property access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.
Last Agent to Sell the Property
Rock Point Real Estate License #296531 Listed on: 07/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,244
Year Built
- Built in 1965
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 90x195
Home Design
- 1,188 Sq Ft Home
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
Kitchen
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 1 Attached Carport Space
- Driveway
- Off-Street Parking
Schools
- Bess T. Shepherd Elementary School
- Tyner Middle Academy
- Tyner Academy High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Jenkins Charles E Subdivision
Listing and Financial Details
- Assessor Parcel Number 129n F 013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2025
Closed on
Jul 30, 2025
Sold by
Chattanooga Eleven Llc
Bought by
Haug Alan R and Haug Patricia K
Seller's Agent
Philip Lancaster
Rock Point Real Estate
Buyer's Agent
Robin Garner
BHHS Southern Routes Realty
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,554
Avg. Annual Appreciation
9.65%
Original Mortgage
$100,000
Outstanding Balance
$99,743
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$106,811
Purchase Details
Closed on
Apr 16, 2025
Sold by
Mkn Properties Llc
Bought by
Beulah Property Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2018
Sold by
Mjpo Properties Llc
Bought by
Mkn Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
4.44%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 27, 2016
Closed on
Sep 1, 2016
Sold by
The Secretary Of Hud
Bought by
Mjp Properties Llc
Seller's Agent
Elisha Wooden
Select Realty Professionals
Buyer's Agent
Greg Travis
Coldwell Banker Pryor Realty
List Price
$55,000
Sold Price
$52,341
Premium/Discount to List
-$2,659
-4.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$85,600
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2016
Sold by
Ditech Financial Llc
Bought by
Secretary Of Hud
Purchase Details
Closed on
Jan 27, 2016
Sold by
Bushey Eric P and Bushey Lisa A
Bought by
Ditech Financial Llc
Purchase Details
Closed on
Jun 27, 2007
Sold by
Groner Timothy C
Bought by
Bushey Eric P and Bushey Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,915
Interest Rate
6.16%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 22, 2007
Sold by
Sivley Daniel Lee and Sivley Susan Leanne
Bought by
Groner Timothy C
Purchase Details
Closed on
May 1, 1997
Sold by
Champion Jeffrey K and Champion Tonya R
Bought by
Sivley Daniel Lee and Sivley Susan Leanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,225
Interest Rate
7.95%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 16, 1995
Sold by
Earl Standridge
Bought by
Champion Jeffrey K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | Foundation Title | |
| Warranty Deed | $200,000 | Foundation Title | |
| Warranty Deed | $1,520,000 | First Title | |
| Warranty Deed | $102,500 | None Available | |
| Deed | $52,341 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $45,000 | None Available | |
| Warranty Deed | $74,500 | None Available | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $63,000 | -- | |
| Deed | $57,550 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $1,064,000 | New Conventional | |
| Previous Owner | $102,500 | Commercial | |
| Previous Owner | $85,600 | New Conventional | |
| Previous Owner | $73,915 | FHA | |
| Previous Owner | $63,225 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $200,000 | -12.7% | $168 / Sq Ft | |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- | |
| 05/28/2025 05/28/25 | Price Changed | $229,000 | -9.1% | $193 / Sq Ft | |
| 05/16/2025 05/16/25 | Price Changed | $252,000 | -3.1% | $212 / Sq Ft | |
| 04/30/2025 04/30/25 | For Sale | $260,000 | +396.7% | $219 / Sq Ft | |
| 09/01/2016 09/01/16 | Sold | $52,341 | -4.8% | $45 / Sq Ft | View Prior Sale |
| 07/25/2016 07/25/16 | Pending | -- | -- | -- | |
| 06/27/2016 06/27/16 | For Sale | $55,000 | -- | $48 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $620 | $27,725 | $0 | $0 |
| 2023 | $620 | $27,725 | $0 | $0 |
| 2022 | $620 | $27,725 | $0 | $0 |
| 2021 | $620 | $27,725 | $0 | $0 |
| 2020 | $601 | $21,725 | $0 | $0 |
| 2019 | $601 | $21,725 | $0 | $0 |
| 2018 | $621 | $21,725 | $0 | $0 |
| 2017 | $601 | $21,725 | $0 | $0 |
| 2016 | $563 | $0 | $0 | $0 |
| 2015 | $1,149 | $20,375 | $0 | $0 |
| 2014 | $1,149 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Lancaster
-
Robin Garner
R
Buyer's Agent in 2025
Robin Garner
BHHS Southern Routes Realty
(706) 657-2353
1 in this area
104 Total Sales
-
E
Seller's Agent in 2016
Elisha Wooden
Select Realty Professionals
-
Greg Travis
Buyer's Agent in 2016
Greg Travis
Coldwell Banker Pryor Realty
(423) 580-4533
145 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1512005
APN: 129N-F-013
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