7 months on rocket

313 W Commerce St, Loretto, TN, 38469

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
4,668 SqFt
$78/SqFt
House

Location

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313 W Commerce St, Loretto$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Year Built1956
HeatingCentral
CoolingCentral Air
BasementYes
MLS #2651383
Lot Size3.63 Acres
StatusActive

About 313 W Commerce St

Back on the market at NO FAULT to the home!!! Buyers financing fell through. This mid-century modern home, remodeled just a year ago, offers over 4,000 sq ft of living space. It features 3 bedrooms, 2 full bathrooms, and 2 half bathrooms. The kitchen is equipped with sleek black stainless appliances, and like-new lighting highlights the original hardwood floors and like-new carpeting. The living room includes a fireplace, and the home features a tankless water heater and a year-old HVAC system. The semi-finished basement boasts can lights, a brick fireplace, a laundry room, and AFS full waterproofing with a sump pump and lifetime warranty. New flooring enhances the large entertainment area, suitable for a playroom or man cave. Additionally, there are 2 extra-large rooms downstairs for storage, offices, or bedrooms. The 3.63-acre lot offers outdoor space with large wooded trees. The additional lot included in the sale provides a separate selling opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 4,668 SqFt

Listing Office:

  • Office Name: Flora Mid-South Realty
  • Office Phone: (931) 345-2406
  • Listing Agent: Holly Cavins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Finished Wood
  • Interior: High Speed Internet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 3.63 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: At the traffic light in Loretto at Hwy 43 and Commerce St., turn west onto Commerce St. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $875
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Loretto, TN.

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Loretto, TN

City

Med. Sold Price

$267.6K

Med. Price/SqFt

$173

Avg. Days On Market

6

# of Sold Homes

2

313 W Commerce St vs Loretto

230 DAYS ON ROCKET

+224 Days

$365,000

+$97.3K More

$78/SqFt

-$95 Less

KEY TAKEAWAY

This property is $97.3K more than the Median Sold Price and $95/SqFt less than other homes in Loretto, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2651383

Listing Office:

  • Office Name: Flora Mid-South Realty
  • Office Phone: (931) 345-2406
  • Listing Agent: Holly Cavins

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:48:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2020Home Sold
$104,520
May 19, 2014Home Sold
$99,900
May 24, 2010Home Sold
$81,500

Tax History

YEARPROP. TAXASSESSMENT
2020$875$26,050
2019$862$26,050
2018$862$26,050
2017$836$26,050

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-864606
5
/10

  • Lawrenceburg Public

  • 600 Prosser Rd

  • 11.65 miles

  • Public District Grades PK-5

school-card-donut-864607
4
/10

  • David Crockett Elementary School

  • 2301 W Gaines St

  • 12.76 miles

  • Public District Grades PK-5

school-card-donut-864608
4
/10

  • Ingram Sowell Elementary School

  • 510 7th St

  • 13.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,671. The majority of Loretto, TN residents have income less than $35k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 313 W Commerce St

What is the listing price of this property?

The listing price of 313 W Commerce St property is $365,000.

What type of property is this?

The property 313 W Commerce St is a house located in Loretto, Tennessee, 38469.

Is this property for sale now?

Active Listing: 313 W Commerce St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $875 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2020 for $104,520. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 313 W Commerce St has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 313 W Commerce St is 4,668 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 313 W Commerce St is 1956.

Rocket Homes›Tennessee›Lawrence County›Loretto›38469›313 W Commerce St

This home is located at 313 W Commerce St in Loretto, TN and zip code 38469. This 4,668 square foot home, which was built in 1956, sits on a 3.63 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 05, 2024 and is currently priced at $365,000.

In November 2024 more than 0 listings in Loretto, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between October 2024 and November 2024, Loretto, TN real estate market has seen increase in the number of listings by 22.2%. In November 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $267,650.

From Rocket Homes Real Estate and based on county public records data.

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