505 2nd Ave
Loretto, TN 38469
3 bd 2 ba 2,034 sqft Built 1960 Lot 43,560 sqft single_family
Most recent sale
$295,000
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2025 | Sold | $315,000 | RealTracs |
| Mar 10, 2025 | Listed | $319,900 | RealTracs |
| Jan 29, 2025 | Price changed | $325,000 | RealTracs |
| Nov 2, 2024 | Listed | $339,000 | RealTracs |
| Jun 13, 2022 | Sold | $295,000 | Public Record |
| Apr 21, 2022 | Listed | $310,000 | MLS #2376855 |
| Sep 30, 2020 | Sold | $219,000 | Public Record |
| Aug 16, 2011 | Sold | $60,000 | Public Record |
| May 23, 2011 | Sold | $60,000 | Public Record |
| May 3, 2011 | Listing removed | $65,000 | RealTracs |
| Jan 21, 2011 | Listed | $65,000 | MLS #1244761 |
| Nov 22, 2005 | Sold | $50,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $59,425 | $1,433 |
| 2024 | — | — | $59,425 | $1,671 |
| 2023 | — | — | $59,425 | $1,587 |
| 2022 | — | — | $52,650 | $1,233 |
| 2021 | — | — | $33,925 | $1,140 |
| 2020 | — | — | $24,275 | $815 |
| 2019 | — | — | $24,275 | $815 |
| 2018 | — | — | $24,275 | $803 |
| 2017 | — | — | $24,275 | $779 |
| 2016 | — | — | $24,275 | $779 |
| 2015 | — | — | $12,975 | $422 |
| 2014 | — | — | $12,975 | $380 |
| 2013 | — | — | $12,975 | $380 |
| 2012 | — | — | $12,975 | $380 |
| 2011 | — | — | $12,975 | $380 |
| 2010 | — | — | $12,975 | $380 |
| 2009 | — | — | $12,375 | $400 |
| 2008 | — | — | $12,375 | $400 |
| 2007 | — | — | $12,375 | $400 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,034 sqft
Lot size
43,560 sqft
ZIP code
38469
City
Loretto
Street
2nd Ave
Coordinates
35.07081, -87.44966
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,051
Gross rental yield
12.41%
Implied cap rate
8.07%
Trend-extrapolated value
—
Frequently asked questions
When did 505 2nd Ave last sell?
505 2nd Ave most recently sold on Jun 13, 2022 for $295,000.
What is the current tax assessment for 505 2nd Ave?
The most recent total assessment for 505 2nd Ave (year 2025) is $59,425 with $1,433 in property tax.
How does 505 2nd Ave's assessment compare to its last sale price?
The current assessment is 79.9% below the last sale price of $295,000.
When was 505 2nd Ave built?
505 2nd Ave was built in 1960.
How does 505 2nd Ave compare to others on 2nd Ave?
We track 1 other property on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 505 2nd Ave?
505 2nd Ave is a 3 bed, 2 bath, 2,034 sqft, 43,560 sqft lot single_family.
Is 505 2nd Ave a flip candidate?
Yes — 505 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 2nd Ave a tax-appeal candidate?
No — 505 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.5%
Implied 1-yr
-10.1%
2025 Q4
$182.7K
2026 Q1
$177.2K
ZIP 38469 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave