487 Busby Rd Loretto, TN 38469
Estimated payment $2,371/month
Total Views
13,013
4
Beds
2
Baths
1,844
Sq Ft
$223
Price per Sq Ft
Highlights
- Deck
- Wooded Lot
- 4 Car Detached Garage
- Lawrenceburg Public Elementary School Rated A-
- No HOA
- Porch
About This Home
Discover serene country living at 487 Busby Road, Loretto, TN 38469. This charming 4-bedroom, 2-bathroom ranch-style home, built in 1988, spans 1,844 sq ft and is nestled on approximately 7.79 acres of partially fenced land. The property boasts recent updates, including a new primary bedroom and bathroom with a spacious walk-in closet, and an amazing kitchen. Enjoy the outdoors on the new 24x8 deck overlooking fruit trees and abundant wildlife. A detached 26x60, 4-bay garage/workshop adds versatility. Sellers are moving out of state and are ready to sell. An additional 7 acres, perked for a 4-bedroom home and partially cleared, is available for purchase.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $912
Year Built
- Built in 1988
Lot Details
- 7.79 Acre Lot
- Property is Fully Fenced
- Lot Has A Rolling Slope
- Wooded Lot
Parking
- 4 Car Detached Garage
- 5 Open Parking Spaces
Home Design
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,844 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Crawl Space
- Property Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Porch
Schools
- South Lawrence Elementary
- Loretto High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Propane
- Septic Tank
Community Details
- No Home Owners Association
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 135 02103 000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $912 | $45,350 | $5,850 | $39,500 |
| 2023 | $912 | $45,350 | $5,850 | $39,500 |
| 2022 | $912 | $45,350 | $5,850 | $39,500 |
| 2021 | $638 | $21,575 | $4,325 | $17,250 |
| 2020 | $638 | $21,575 | $4,325 | $17,250 |
| 2019 | $638 | $21,575 | $4,325 | $17,250 |
| 2018 | $638 | $21,575 | $4,325 | $17,250 |
| 2017 | $638 | $21,575 | $4,325 | $17,250 |
| 2016 | $638 | $21,575 | $4,325 | $17,250 |
| 2015 | $591 | $21,575 | $4,325 | $17,250 |
| 2014 | $616 | $22,500 | $6,150 | $16,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Price Changed | $412,000 | +3.3% | $223 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $399,000 | -0.3% | $216 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $400,000 | 0.0% | $217 / Sq Ft |
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 02/17/2025 02/17/25 | Price Changed | $400,000 | -4.8% | $217 / Sq Ft |
| 02/12/2025 02/12/25 | Price Changed | $420,000 | -1.2% | $228 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $425,000 | -2.3% | $230 / Sq Ft |
| 02/03/2025 02/03/25 | Price Changed | $435,000 | +1.2% | $236 / Sq Ft |
| 01/24/2025 01/24/25 | Price Changed | $430,000 | -1.1% | $233 / Sq Ft |
| 01/14/2025 01/14/25 | Price Changed | $435,000 | -2.2% | $236 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $445,000 | -1.1% | $241 / Sq Ft |
| 12/01/2024 12/01/24 | For Sale | $450,000 | +23.6% | $244 / Sq Ft |
| 05/07/2024 05/07/24 | Sold | $364,000 | 0.0% | $243 / Sq Ft |
| 03/25/2024 03/25/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | For Sale | $364,000 | +42.7% | $243 / Sq Ft |
| 08/13/2021 08/13/21 | Sold | $255,000 | 0.0% | $170 / Sq Ft |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 07/01/2021 07/01/21 | For Sale | $255,000 | -- | $170 / Sq Ft |
Source: Realtracs
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $364,000 | None Listed On Document | |
| Warranty Deed | $255,000 | None Available | |
| Warranty Deed | $3,000 | -- | |
| Warranty Deed | $110,000 | -- | |
| Deed | -- | -- | |
| Deed | $3,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $351,851 | FHA | |
| Previous Owner | $255,000 | No Value Available | |
| Previous Owner | $44,387 | No Value Available | |
| Previous Owner | $45,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Similar Homes in Loretto, TN
Source: Realtracs
MLS Number: 2764622
APN: 135-021.03
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