4 months on rocket

205 W Commerce St, Loretto, TN, 38469

$424,000

Home List Price

$5,035*

Closing Credit

0 Baths
5,600 SqFt
$76/SqFt
House
Schools Nearby

Location

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205 W Commerce St, Loretto$424,000

Buyer Closing Credits

$5,035*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1919
HeatingNatural Gas
CoolingWall/Window Unit(s)
MLS #2604683
StatusActive

About 205 W Commerce St

Great Investment Opportunity! This Apartment has 6 units, totaling 12 bedrooms and 7 baths, which are all currently rented. The units range from one bedroom to 3 bedrooms. Perfect for someone that wants to have extra monthly income. Located in growing downtown Loretto and less than 30 mins to Florence AL .

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Living Area: 5,600 SqFt

Listing Office:

  • Office Name: Coldwell Banker Southern Realty
  • Office Phone: (931) 422-8780
  • Listing Agent: Christie Hagan

Interior Features

Interior Information:

  • Flooring Type: Carpet, Finished Wood, Laminate

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Loretto High School, Public District Grades 9-12
  • Lawrence County High School, Public District Grades 9-12
  • Summertown High School, Public District Grades 7-12
  • South Lawrence Elementary School, Public District Grades PK-8
  • Leoma Elementary School, Public District Grades PK-8
  • E O Coffman Middle School, Public District Grades 7-8
  • Lawrenceburg Public, Public District Grades PK-6
  • David Crockett Elementary School, Public District Grades PK-6
  • Ingram Sowell Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: South on Hwy 43 toward Loretto. Turn right onto W Commerce St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,000
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $1,405
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2604683

Listing Office:

  • Office Name: Coldwell Banker Southern Realty
  • Office Phone: (931) 422-8780
  • Listing Agent: Christie Hagan

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: 5/5/2024, 11:18:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$79,000
Jun 05, 1992Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,405$31,760
2019$1,384$41,840
2018$1,384$41,840
2017$1,343$41,840

History based on county public records data.

Payment Calculator

$2,184

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,338

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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.

Elementary School

school-card-donut-6456495
5
/10

  • Lawrenceburg Public

  • 600 Prosser Rd

  • 11.55 miles

  • Public District Grades PK-6

school-card-donut-6456496
4
/10

  • David Crockett Elementary School

  • 2301 Waynesboro Hwy

  • 12.70 miles

  • Public District Grades PK-6

school-card-donut-6456497
4
/10

  • Ingram Sowell Elementary School

  • 510 7th St

  • 13.57 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6456498
6
/10

  • South Lawrence Elementary School

  • 707 2nd Ave S

  • 1.30 miles

  • Public District Grades PK-8

school-card-donut-6456499
6
/10

  • Leoma Elementary School

  • 2612 Highway 43 S

  • 7.30 miles

  • Public District Grades PK-8

school-card-donut-6456500
4
/10

  • E O Coffman Middle School

  • 111 Lafayette Ave

  • 12.66 miles

  • Public District Grades 7-8

High School

school-card-donut-6456501
6
/10

  • Loretto High School

  • 525 Second South Av

  • 0.94 miles

  • Public District Grades 9-12

school-card-donut-6456502
5
/10

  • Lawrence County High School

  • 1800 Springer Rd

  • 14.28 miles

  • Public District Grades 9-12

school-card-donut-6456503
6
/10

  • Summertown High School

  • 411 W College St

  • 25.49 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,671. Most Lawrence County, TN residents have annual incomes less than $35k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 205 W Commerce St

What is the listing price of this property?

The listing price of 205 W Commerce St property is $424,000.

What type of property is this?

The property 205 W Commerce St is a house located in Loretto, Tennessee, 38469.

Is this property for sale now?

Active Listing: 205 W Commerce St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 205 W Commerce St are:
Lawrenceburg Public: GreatSchools Rating 5/10
David Crockett Elementary School: GreatSchools Rating 4/10
Ingram Sowell Elementary School: GreatSchools Rating 4/10
South Lawrence Elementary School: GreatSchools Rating 6/10
Leoma Elementary School: GreatSchools Rating 6/10
E O Coffman Middle School: GreatSchools Rating 4/10
Loretto High School: GreatSchools Rating 6/10
Lawrence County High School: GreatSchools Rating 5/10
Summertown High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,405 (source: MLS/based on county public records data).

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

The last sale was on September 19, 2018 for $79,000. (source: MLS/tax record).

What is the square footage of this property?

The property 205 W Commerce St is 5,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 205 W Commerce St is 1919.

Rocket Homes›Tennessee›Lawrence County›Loretto›38469›205 W Commerce St

This home is located at 205 W Commerce St in Loretto, TN and zip code 38469. This 5,600 square foot home was built in 1919. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $424,000.

In April 2024 more than 5 listings in Lawrence County, TN were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 20 were sold below. Between March 2024 and April 2024, Lawrence County, TN real estate market has seen increase in the number of listings by 9%. Listings spent 44 days on the market in April 2024, and had a median list price of $265,000 during the same period.

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

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