$279,900

402 W Commerce St Loretto, TN 38469

$3,324
Closing credit¹
3 beds
1 full
1,444 sqft
0.3 acres
$194 / sqft
House

Property details

About 402 W Commerce St

Nestled in the heart of downtown Loretto, this newly renovated home is the definition of small town charm. Perfect for a first time home buyer, downsizing, or starting a new family. This cozy 3 bedroom is fully updated, featuring all new appliances, and a shop for storage. Move in ready homes in this price range are not available regularly, so call us today!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,444 sqft
BasementYes
Lot size0.35 Acres
Year built1940
MLS #2794954

Summary

  • Full Bathrooms: 1
  • Appliances: Oven, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Ceiling Fan(s), High Speed Internet
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • List Price: $279,900
  • Price/SqFt: $193
  • Annual Tax Amount: $548
  • Tax Year: 2023
  • Directions: From Hwy 43, turn onto W Commerce St and continue for 0.6 miles, & the house will be on the left.
  • Year Built: 1940
  • Living Area: 1,444 SqFt
  • Lot Size: 0.35 Acres
  • MLS Number: 2794954
  • MLS Name: REALTRAC
  • Office Name: Orton Realty Group
  • Listing Agent: Wes Orton

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 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: 5/31/2025, 8:18:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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402 W Commerce St, Loretto, TN 38469 - view of front of home with covered porch, a shed, stucco siding, and an outdoor structure

$279,900

402 W Commerce St

$3,324

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 18, 2023
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2023$23,425$548
2022$23,425$548
2021$11,725$548
2020$11,725$394
2019$11,725$388
2018$11,725$388
2017$11,725$376

History based on county public records data.

Nearby schools

5

Lawrenceburg Public

Public District PK-5

11.7 mi

600 Prosser Rd

4

David Crockett Elementary School

Public District PK-5

12.8 mi

2301 W Gaines St

4

Ingram Sowell Elementary School

Public District PK-5

13.8 mi

510 7th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,671. The most common annual income of people living in Loretto, TN is less than $<35k. Most families are married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
43%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
7%
Single, with Kids
35%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 402 W Commerce St

The listing price of 402 W Commerce St property is $279,900.

The property 402 W Commerce St is a house located in Loretto, Tennessee, 38469.

Active Listing: 402 W Commerce St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 402 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 5/10), Lexington School (GreatSchools Rating 7/10), Rogers High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $548 (source: MLS/based on county public records data).

The last sale was on December 18, 2023 for $65,000 (source: MLS/tax record).

The property at 402 W Commerce St has 3 bedrooms and 1 bathroom.

The property 402 W Commerce St is 1,444 SqFt (source: MLS/tax record).

The year of construction for 402 W Commerce St is 1940.

This home is located at 402 W Commerce St in Loretto, TN and zip code 38469. This 1,444 square foot home, which was built in 1940, sits on a 0.35 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 23, 2025 and is currently priced at $279,900.

In April 2025, from all listings sold in Loretto, TN there were more than 2 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. In April 2025 in Loretto, TN there were 29.6% more homes for sale than in March. While the average time on the market in April 2025 was 13 days, the median list price was $267,650.

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

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