NOT LISTED FOR SALE

5540 Prospect Ln Lerna, IL 62440

Estimated Value: $191,000 - $211,000

3 Beds
2 Baths
1,686 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $180,000 $107 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,274/month

1 Day on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Central Air
  • Breakfast Area or Nook
  • Patio
  • Replacement Windows

About This Home

As of July 2023

A RARE FIND IN TODAY'S MARKET ~ Nestled on a quiet cul-de-sac, this home offers the perfect combination of comfort, style, & modern upgrades. As you step inside, you are greeted by the open-concept living space that seamlessly connects the kitchen & living room overlooking the expansive deck. The kitchen is a dream, featuring new refrigerator & dishwasher plus custom cabinetry. Three nicely sized bedrooms and remodeled bath complete the main level. Downstairs, you'll find the family room, bonus room, full bath & laundry area. Step outside through the walk-out basement and discover the spacious patio & wooded views. Just a few of the numerous upgrades in 2023 include: Main ~ flooring throughout, heat pump & central air, full bath remodel including surround, vanity, toilet & fixtures, doors, paint, trim, lighting, and fireplace remodel; Lower ~ paint, trim, lighting, and doors; Exterior ~ rock driveway, shutters and walkway. Don't miss the opportunity to own this exceptional property!

Last Agent to Sell the Property

Emily Floyd

Coldwell Banker Classic Real Estate License #471019199 Listed on: 06/06/2023

Coldwell Banker Classic Real Estate

Last Buyer's Agent

Trisha Bird

Coldwell Banker Classic Real Estate License #475132800

Coldwell Banker Classic Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1970

Lot Details

  • 0.38 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Hickory Hills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-0-01668-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,205

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 1131.0
  • Directions: Turn south on Lerna Road off of Route 16. Turn east on 550N (Family Worship Center), follow to Prospect Lane.
  • Lot Size Acres: 0.38
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Subdivision Name: Hickory Hills Sub
  • Year Built: 1970
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Built-In, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Has Basement: Finished, Walk-Out Access, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 555.0
  • Interior Amenities: Breakfast Area, Fireplace, Main Level Master
  • Fireplace Features: Family/Living/Great Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Foundation Details: Basement
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump, Radiant
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Parcel #: 06-0-01668-000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 12, 2023
Sold by
Carter-Alvis William and Carter-Alvis Jennifer S
Bought by
Easton Jennifer and Easton Brian
Seller's Agent
Emily Floyd
Coldwell Banker Classic Real Estate
Buyer's Agent
Trisha Bird
Coldwell Banker Classic Real Estate
List Price
$159,500
Sold Price
$180,000
Premium/Discount to List
$20,500
12.85%
Current Estimated Value
$199,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,202
Avg. Annual Appreciation
4.06%
Original Mortgage
$176,739
Outstanding Balance
$172,491
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$26,711

Purchase Details

Closed on
Sep 7, 2007
Sold by
Decker Jeffrey D and Decker Kimberly A
Bought by
Holt Aaron and Holt Jayme B
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Easton Jennifer $180,000 None Listed On Document
Holt Aaron $120,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easton Jennifer $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $180,000 +12.9% $107 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $159,500 -- $95 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $2,867 $43,130 $7,814 $35,316
2023 $2,206 $38,856 $7,040 $31,816
2022 $2,206 $38,214 $6,924 $31,290
2021 $2,148 $34,427 $6,238 $28,189
2020 $2,136 $35,670 $6,463 $29,207
2019 $2,084 $34,427 $6,238 $28,189
2018 $2,053 $34,427 $6,238 $28,189
2017 $2,055 $34,427 $6,238 $28,189
2016 $2,015 $34,427 $6,238 $28,189
2015 $1,985 $33,752 $6,116 $27,636
2014 $1,985 $33,752 $6,116 $27,636
2013 $1,985 $33,752 $6,116 $27,636
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Emily Floyd

    Coldwell Banker Classic Real Estate

    159 Total Sales

    Emily Floyd
    Section Image

  • T

    Buyer's Agent in 2023

    Trisha Bird

    Coldwell Banker Classic Real Estate

    (217) 273-4872

    89 Total Sales

    Trisha Bird
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6227542

APN: 06-0-01668-000

Illinois Coles County Lerna 62440

5540 Prospect Ln, Lerna, IL

Not Listed for Sale

Detached

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