487 Busby Rd Loretto, TN 38469
4
Beds
2
Baths
1,844
Sq Ft
7.79
Acres
Highlights
- Deck
- Wooded Lot
- Porch
- Lawrenceburg Public Elementary School Rated A-
- No HOA
- Cooling Available
About This Home
As of June 2025Discover 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.
Last Agent to Sell the Property
RE/MAX Encore Brokerage Phone: 6153062339 License #288823 Listed on: 12/01/2024
Last Buyer's Agent
NONMLS NONMLS
License #2211
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 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2024
Closed on
Jun 11, 2025
Sold by
Mccord David Jacob and Hayley Elaine
Bought by
Smith Alan
Seller's Agent
Kristin Pendergraft
RE/MAX Encore
Buyer's Agent
NONMLS NONMLS
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
187
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2696.68%
Original Mortgage
$135,000
Outstanding Balance
$135,000
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$313,865
Purchase Details
Listed on
Mar 12, 2024
Closed on
May 2, 2024
Sold by
Norris Daniel J
Bought by
Mccord David Jacob and Mccord Hayley Elaine
Seller's Agent
Christie Hagan
Coldwell Banker Southern Realty
Buyer's Agent
Kristin Pendergraft
RE/MAX Encore
List Price
$364,000
Sold Price
$364,000
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$351,851
Interest Rate
6.87%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 1, 2021
Closed on
Aug 12, 2021
Sold by
Smith Samuel T and Smith Sarah M
Bought by
Norris Daniel S
Seller's Agent
Jerri Etienne
Coldwell Banker Southern Realty
Buyer's Agent
Christie Hagan
Coldwell Banker Southern Realty
List Price
$255,000
Sold Price
$255,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$255,000
Interest Rate
2.87%
Purchase Details
Closed on
Oct 19, 2015
Sold by
Blair Randall Edward
Bought by
Smith Samuel T and Smith Sarah M
Purchase Details
Closed on
Sep 19, 2014
Sold by
Mcintyre Jackie
Bought by
Smith Samuel T and Smith Sarah M
Purchase Details
Closed on
Apr 13, 2009
Sold by
Mcintyre Danny
Bought by
Mcintyre Jackie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,387
Interest Rate
5.05%
Purchase Details
Closed on
Mar 10, 1997
Sold by
Danny Mcintyre
Bought by
Boles James G
Purchase Details
Closed on
Aug 9, 1985
Bought by
Mcintyre Danny
Similar Homes in Loretto, TN
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 | $380,000 | None Listed On Document | |
| 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 | $135,000 | Construction | |
| Previous Owner | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $380,000 | -7.8% | $206 / Sq Ft |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 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
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 | $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
Agents Affiliated with this Home
-
Kristin Pendergraft
Seller's Agent in 2025
Kristin Pendergraft
RE/MAX Encore
(615) 306-2339
56 Total Sales
-
James (JP) Pendergraft
Seller Co-Listing Agent in 2025
James (JP) Pendergraft
RE/MAX Encore
(931) 797-1158
32 Total Sales
-
N
Buyer's Agent in 2025
NONMLS NONMLS
-
Christie Hagan
Seller's Agent in 2024
Christie Hagan
Coldwell Banker Southern Realty
(931) 762-3399
243 Total Sales
-
Jerri Etienne
Seller's Agent in 2021
Jerri Etienne
Coldwell Banker Southern Realty
(931) 629-2207
167 Total Sales
Map
Source: Realtracs
MLS Number: 2764622
APN: 135-021.03
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