NOT LISTED FOR SALE

5540 Prospect Ln Lerna, IL 62440

Estimated Value: $184,000 - $223,000

3 Beds
2 Baths
1,686 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $1,336 / mo

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

  • 16,553 Sq Ft 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

0.38 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
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
$202,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,485
Avg. Annual Appreciation
4.10%
Original Mortgage
$176,739
Outstanding Balance
$172,491
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$29,994

Purchase Details

Closed on
Sep 7, 2007
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    157 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

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