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313 3rd St

Lerna, IL 62440

3 bd 2 ba 1,648 sqft Built 1974 Lot 7,405 sqft single_family
Most recent sale
$115,000
Feb 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2023 Sold $115,000 Public Record
Jan 27, 2023 Sold $115,000 MRED
Jan 19, 2023 Listing removed CentralIllinois
Dec 14, 2022 Price changed $120,000 MRED
Oct 20, 2022 Listed $125,000 MRED
Sep 16, 2016 Sold $80,000 Public Record
Aug 5, 2016 Listing removed $84,900 CentralIllinois
Jul 18, 2016 Listed $84,900 CentralIllinois

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $44,400 $835 $45,235 $2,828
2023 $41,887 $788 $42,675 $2,800
2022 $21,495 $2,163 $23,658 $1,716
2021 $20,471 $2,060 $22,531 $1,758
2020 $20,471 $2,060 $22,531 $1,780
2019 $20,471 $2,060 $22,531 $1,766
2018 $20,471 $2,060 $22,531 $1,778
2017 $20,471 $2,060 $22,531 $1,781
2016 $20,471 $2,060 $22,531 $1,775
2015 $20,471 $2,060 $22,531 $1,780
2014 $20,471 $2,060 $22,531 $1,743
2013 $20,471 $2,060 $22,531 $1,891
2012 $20,471 $2,060 $22,531 $1,941
2011 $20,471 $2,060 $22,531 $1,895
2009 $19,485 $1,961 $21,446 $739
2008 $19,292 $1,942 $21,234 $782
2007 $18,658 $1,878 $20,536 $900

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,648 sqft
Lot size
7,405 sqft
ZIP code
62440
City
Lerna
Street
3rd St
Coordinates
39.41858, -88.28551

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 313 3rd St last sell?
313 3rd St most recently sold on Feb 3, 2023 for $115,000.
What is the current tax assessment for 313 3rd St?
The most recent total assessment for 313 3rd St (year 2024) is $45,235 with $2,828 in property tax.
How does 313 3rd St's assessment compare to its last sale price?
The current assessment is 60.7% below the last sale price of $115,000.
When was 313 3rd St built?
313 3rd St was built in 1974.
How does 313 3rd St compare to others on 3rd St?
We track 2 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 313 3rd St?
313 3rd St is a 3 bed, 2 bath, 1,648 sqft, 7,405 sqft lot single_family.
Is 313 3rd St a flip candidate?
No — 313 3rd St does not appear in our flips dataset.
Is 313 3rd St a tax-appeal candidate?
No — 313 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+29.1%
Implied 1-yr
+116.3%
2025 Q3
$292.5K
2025 Q4
$292.5K
ZIP 62440 — Median Price History + Forecast

Explore nearby

Other properties on 3rd St