NOT LISTED FOR SALE

5514 Prospect Ln Lerna, IL 62440

Estimated Value: $155,443 - $210,000

3 Beds
2 Baths
1,408 Sq Ft
$138/Sq Ft Est. Value

About This Home

This home is located at 5514 Prospect Ln, Lerna, IL 62440 and is currently estimated at $193,611, approximately $137 per square foot. 5514 Prospect Ln is a home located in Coles County with nearby schools including Mattoon High School and Charis Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Freeman Roger S and Freeman Angela
Bought by
Freeman Roger S and Freeman Angela
Current Estimated Value
$193,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,590
Outstanding Balance
$148,806
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$45,409

Purchase Details

Closed on
Jul 26, 2007
Sold by
Showalter James A and Showalter Melissa M
Bought by
Freeman Roger S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,069
Interest Rate
6.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freeman Roger S -- None Listed On Document
Freeman Roger S $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Roger S $150,590
Previous Owner Freeman Roger S $79,350
Previous Owner Freeman Roger S $104,069
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,178 $51,248 $7,814 $43,434
2023 $3,178 $46,170 $7,040 $39,130
2022 $3,109 $45,407 $6,924 $38,483
2021 $3,062 $40,907 $6,238 $34,669
2020 $3,051 $42,384 $6,463 $35,921
2019 $2,999 $40,907 $6,238 $34,669
2018 $2,955 $40,907 $6,238 $34,669
2017 $2,958 $40,907 $6,238 $34,669
2016 $2,900 $40,907 $6,238 $34,669
2015 $2,595 $36,285 $6,116 $30,169
2014 $2,595 $36,285 $6,116 $30,169
2013 $2,595 $36,285 $6,116 $30,169
Source: Public Records

Map

Illinois Coles County Lerna 62440

5514 Prospect Ln, Lerna, IL

This home is located at 5514 Prospect Ln, Lerna, IL 62440 and is currently estimated at $193,611, approximately $137 per square foot. 5514 Prospect Ln is a home located in Coles County with nearby schools including Mattoon High School and Charis Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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