$360,000
SOLD APR 24, 2025

313 W Commerce St Loretto, TN 38469

3 Beds
4 Baths
4,668 Sq Ft
3.63 Acres

Recently Sold

$77 Per Sq Ft

1% Below List Price

26 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Central Heating
  • Lawrenceburg Public Elementary School Rated A-
  • Cooling Available
  • High Speed Internet

About This Home

As of April 2025

Note: 24 Hour First Right of Refusal for current buyers in place. This mid-century modern home offers over 4,000 sq ft of living space. The main level features 2 bedrooms, 1 and a half bathrooms and an office with large beautiful windows overlooking the backyard. The kitchen is equipped with sleek black stainless appliances, new cabinets and black stained butcher block countertops. The living room includes a beautiful fireplace with TV already mounted and beautiful original windows. Upstairs has a bedroom and a cute bathroom and lots of separate attic storage. The semi-finished basement has a brick fireplace, a laundry room, a large room for entertaining guest or 2nd living room. There are 2 other rooms that could be finished for bedrooms or used for storage. There is also a half bath downstairs and an exit to the backyard. Downstairs could be easily turned into an In-law suite or an efficiency apartment. The home features a tankless water heater, a 2 year-old HVAC system, and AFS full waterproofing with a sump pump and lifetime warranty. The 3.63-acre lot offers outdoor space with large wooded trees and a large shed perfect for parking a mower or even a small tractor. The additional lot included in the sale provides a separate selling opportunity with lots of value in hardwood timber. This land is unrestricted.

Last Agent to Sell the Property

Holly Rohling

Flora Mid-South Realty Brokerage Phone: 9313452406 License #358482 Listed on: 01/02/2025

Last Buyer's Agent

Anne Morrow

Coldwell Banker Southern Realty License # 320450

Coldwell Banker Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1956

Lot Details

  • 3.63 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Carpet
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • Cooling Available
  • Central Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151H A 01800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1956
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9313452406
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Speed Internet
  • Appliances: Electric Oven, Electric Range, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 3112
  • Below Grade Sq Ft: 1556
  • Building Area Units: Square Feet
  • Living Area: 4668
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 3.63
  • Lot Size Units: Acres
  • Parcel #: 151H A 01800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1464

MLS Schools

  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Middle Or Junior School: South Lawrence Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
May 16, 2025
Sold by
Methvin Ray E and Methvin Sondra
Bought by
Ray And Sondra Methvin Family Living Trust and Methvin
Seller's Agent
Holly Rohling
Flora Mid-South Realty
Buyer's Agent
Anne Morrow
Coldwell Banker Southern Realty
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Total Days on Market
26
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.72%
Original Mortgage
$230,000
Outstanding Balance
$229,798
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$124,660

Purchase Details

Listed on
Jan 2, 2025
Closed on
Apr 22, 2025
Sold by
Richter Mark George and Richter Anna Lee
Bought by
Lumpkins Justin and Lumpkins Ashley
Seller's Agent
Holly Rohling
Flora Mid-South Realty
Buyer's Agent
Anne Morrow
Coldwell Banker Southern Realty
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$229,798
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$124,660

Purchase Details

Listed on
Nov 16, 2021
Closed on
Mar 15, 2022
Sold by
Pennymac Loan Services Llc
Bought by
10X Properties Llc and Dandk Investments Llc
Seller's Agent
Gina Old
RE/MAX PROS
Buyer's Agent
Barb Vurgun
simpliHOM
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%

Purchase Details

Closed on
Mar 9, 2020
Sold by
James Brandon and James Jessica
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 16, 2014
Sold by
Kilburn Zachary
Bought by
James Brandon
Seller's Agent
Bob Shaw
Buyer's Agent
Anne Morrow
Coldwell Banker Southern Realty
List Price
$579,000
Sold Price
$99,900
Premium/Discount to List
-$479,100
-82.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$102,142
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Kerstiens Michael Joseph S
Bought by
Kilburn Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,350
Interest Rate
5.03%

Purchase Details

Closed on
Jun 7, 1950
Bought by
Kerstiens Lawrence and Kerstiens Mildred
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $360,000 None Listed On Document
Special Warranty Deed $180,000 Servicelink
Trustee Deed $104,520 None Available
Warranty Deed $99,900 --
Deed $81,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $330,560 VA
Previous Owner $102,142 New Conventional
Previous Owner $73,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $360,000 -1.4% $77 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $365,000 +14.1% $78 / Sq Ft
06/23/2023 06/23/23 Sold $320,000 -8.4% $89 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $349,500 +94.2% $98 / Sq Ft
03/21/2022 03/21/22 Sold $180,000 +12.5% $89 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $160,000 +60.2% $79 / Sq Ft
11/01/2016 11/01/16 Off Market $99,900 -- --
09/27/2016 09/27/16 Price Changed $539,000 -6.9% $262 / Sq Ft
07/26/2016 07/26/16 For Sale $579,000 +479.6% $282 / Sq Ft
05/16/2014 05/16/14 Sold $99,900 -- $49 / Sq Ft
Source: Realtracs

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
2024 $1,055 $62,550 $2,000 $60,550
2023 $1,055 $62,550 $2,000 $60,550
2022 $1,376 $58,800 $2,000 $56,800
2021 $875 $26,050 $2,000 $24,050
2020 $875 $26,050 $2,000 $24,050
2019 $875 $26,050 $2,000 $24,050
2018 $862 $26,050 $2,000 $24,050
2017 $836 $26,050 $2,000 $24,050
2016 $836 $26,050 $2,000 $24,050
2015 $763 $26,050 $2,000 $24,050
2014 $732 $25,000 $2,000 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2774027

Realtracs

APN: 151H-A-018.00