NOT LISTED FOR SALE

487 Busby Rd Loretto, TN 38469

Estimated Value: $394,024

4 Beds
2 Baths
1,844 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2025

Last sale price $380,000 $206 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,163 / mo

156 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Valley View
  • No HOA

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Kristin Pendergraft

RE/MAX Encore Brokerage Phone: 6153062339 License #288823 Listed on: 12/01/2024

RE/MAX Encore

Co-Listed By

James (JP) Pendergraft

RE/MAX Encore Brokerage Phone: 6153062339 License #357645

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
  • Private Lot
  • 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
  • Valley Views
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135 02103 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$912

Year Built

Built in 1988

Lot Details

7.79 Acres

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1988
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: APROX
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1844
  • Building Area Units: Square Feet
  • Living Area: 1844
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Fencing: Full
  • Patio And Porch Features: Porch, Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking Spaces: 5
  • Parking Features: Detached
  • Total Parking Spaces: 9

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Private, Rolling Slope, Wooded
  • Lot Size Acres: 7.79
  • Lot Size Units: Acres
  • Parcel #: 135 02103 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 912

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
Mar 12, 2024
Closed on
May 2, 2024
Sold by
Norris Daniel
Bought by
Mccord David 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
Current Estimated Value
$394,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,024
Avg. Annual Appreciation
4.15%
Original Mortgage
$351,851
Outstanding Balance
$344,935
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$49,089

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
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mccord David $364,000 None Listed On Document
Norris Daniel S $255,000 None Available
Smith Samuel T $3,000 --
Smith Samuel T $110,000 --
Mcintyre Jackie -- --
Boles James G $3,000 --
Mcintyre Danny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccord David $351,851
Previous Owner Norris Daniel S $255,000
Previous Owner Mcintyre Danny $44,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
07/12/2021 07/12/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $255,000 -- $170 / Sq Ft
Source: Realtracs

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 $1,059 $52,650 $13,150 $39,500
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

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Map

Source: Realtracs

MLS Number: 2764622

Realtracs

APN: 135-021.03

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