$364,000
SOLD MAY 7, 2024

487 Busby Rd Loretto, TN 38469

3 Beds
1 Bath
1,500 Sq Ft
15.49 Acres

Recently Sold

$243 Per Sq Ft

13 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating
  • Lawrenceburg Public Elementary School Rated A-
  • Cooling Available
  • 4 Car Garage

About This Home

As of June 2025

Come and enjoy country living!! This 3 bedroom, 1 bath home sits on over 15 acres of both pasture and woods. Large kitchen with plenty of cabinets and countertop. New windows throughout (so new the trim hasn't been put back up yet!) Walking trail behind house and fruit trees on the property. Concrete drive. Large 4 bay garage with one side insulated and wi-fi. (current owner used for an office). Less than 30 mins to Florence, AL.

Last Agent to Sell the Property

Christie Hagan

Coldwell Banker Southern Realty Brokerage Phone: 9314228780 License # 325291 Listed on: 03/12/2024

Coldwell Banker Southern Realty

Last Buyer's Agent

Kristin Pendergraft

RE/MAX Encore License #288823

RE/MAX Encore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 1988

Lot Details

  • 15.49 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

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

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1988
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 9314228780
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1500
  • Building Area Units: Square Feet
  • Living Area: 1500
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 15.49
  • Lot Size Units: Acres
  • Parcel #: 135 02103 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

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
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
Current Estimated Value
$382,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,412
Avg. Annual Appreciation
5.65%
Original Mortgage
$135,000
Interest Rate
6.5%
Mortgage Type
Construction

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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 $260,522 Construction
Closed $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

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 $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: 2629020

Realtracs

APN: 135-021.03