NOT LISTED FOR SALE

5540 Prospect Ln Lerna, IL 62440

Estimated Value: $200,281 - $220,000

3 Beds
2 Baths
1,686 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 12, 2023

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

Est. 17% increase in value since last sale

Current estimated payment $1,334/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
$210,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,320
Avg. Annual Appreciation
9.98%
Original Mortgage
$176,739
Outstanding Balance
$172,841
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$46,739

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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
Previous Owner Alvis William Carter $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $2,261 $43,130 $7,814 $35,316
2023 $2,261 $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

    161 Total Sales

    Emily Floyd
    Section Image

  • T

    Buyer's Agent in 2023

    Trisha Bird

    Coldwell Banker Classic Real Estate

    (217) 273-4872

    96 Total Sales

    Trisha Bird
    Section Image
See All Agents

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

This home is located at 5540 Prospect Ln, Lerna, IL 62440 since 06 June 2023 and is currently estimated at $210,320, approximately $124 per square foot. This property was built in 1970. 5540 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes