503 W Commerce St, Loretto, TN 38469 Property Records

Lawrence County property record for 503 W Commerce St, Loretto, TN 38469

Property Summary

Property Type	Single Family Home
Details	1 ba · 928 sqft · built 1935
Lot Size	0.351 acres (15,300 sqft)
Owner	2 Company Names on Record
Last Sale	$73,000 (Aug 2019)
Tax Bill	$732 (2024)
Deeds & Mortgages	Aug 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`050151H A 02200`

Property Details

APN / Parcel Number

Primary APN	`050151H A 02200`
Alternative APN	`151H A 02200`

Interior

Full Baths	1 Bath
Stories	2 Stories
Building Area	928 sqft Living Area
1st Floor Area	928 sqft
Attic	Attic
Attic Area	928 sqft
Flooring	Hardwood
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1935
Effective Year Built	Effective 1995
Exterior Material	Siding
Foundation Type	Footing
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	15,300 sqft (0.351 acres)
Lot Dimensions	153 ft deep x 100 ft wide

Exterior Amenities

Porch	Slab
Porch Area	297 sqft
Shed	1 Shed
Shed Area	440 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	503 W COMMERCE ST
City	LORETTO
State	TN
Zip	38469-2138
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	DISTRICT: 2; SUBDIVISION: HAYES; BLOCK: 7
Legal Subdivision	HAYES
Legal Block	7
Legal Lot Number	13
Jurisdiction	LAWRENCE TN
Township / Civil Division	1
Census Block Group	3
Census Block	3042
Census Tract	960700

Owner

Source: Lawrence County records, as of May 12, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Company Names on Record
Mailing Address	PO BOX 363, LORETTO, TN 38469-0363
Owner Type	Company
Vesting	Trust, Family Living Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 13, 2019 · Amount on Record
Deed Sale	Aug 13, 2019 · Amount on Record
Prior Sale	Oct 8, 2015 · Amount on Record
Deed Document Number	20194147
Deed Book / Page	569 / 693
Prior Transfer Date	Aug 9, 2012
Prior Transfer Doc	0000391997
Record Updated	Oct 29, 2026

August 2019: Cash Sale Deed, Transfer

Document Type	Cash Sale Deed
Jurisdiction	LAWRENCE TN
Recording Date	Aug 13, 2019
Property Address	503 W COMMERCE ST, LORETTO, TN 38469-2138
Document Number	0000569693
Book / Page	569 / 693
Map Reference	MB 40 PG 86
Instrument Date	Jul 18, 2019
Instrument	19004147
Transaction Type	Transfer
Record Updated	Jun 21, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$270.10
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	503 W COMMERCE ST, LORETTO, TN 38469-2138

Mortgage

Document Number	569696
Date	Aug 13, 2019
Book Page	569/696
Instrument	19004148

Lender

Name	FIRST COMMUNITY MORTGAGE INC
Type	Mortgage Company
Address	MURFREESBORO, TN 37129

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 1, 2049

Tax Assessment & Valuation

Source: Lawrence County assessment roll, as of January 23, 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Lawrence County
Municipality	Loretto City
Unified School District	Lawrence County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$26,075 (-) Land $1,375 Building $24,700
2024	$732.00 (+2%)	$26,075 (-) Land $1,375 Building $24,700
2023	$610.00	$26,075 (-) Land $1,375 Building $24,700
2022	$610.00	$26,075 Land $1,375 Building $24,700	$104,300 Land $5,500 Building $98,800

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective November 17, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 72% of Tennessee
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LORETTO WATER DEPARTMENT serves 5,054 people · EPA ID TN0000408
Water Source	Groundwater influenced by surface water
Last State Inspection	Feb 2026
Lead	1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Oct 2019
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 31 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Skyline Telephone Fiber	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20