NOT LISTED FOR SALE

230 Rose Ln Shipman, IL 62685

Estimated Value: $123,225 - $140,000

Studio
4 Baths
2,800 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $89,900 $32 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $879/month

59 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Open Lot

About This Home

As of June 2020

Great investment property with high occupancy rate. Excellent return on investment. Each apartment has its own electric meter, water heater, furnace and A/C unit. Tenants pay all utilities except for water. Water bill is figured into the rent (It is very low.) 200 amp service in each apartment. Metal roof and all new windows installed just a couple years ago. {The south half of this property is currently listed for sale, as a vacant lot (MLS #4406978). This listing includes the entire parcel: apartment building property and the vacant lot.}

Last Agent to Sell the Property

Tommy Ruyle

Tarrant and Harman Real Estate and Auction Co License #471006592 Listed on: 04/23/2020

Tarrant and Harman Real Estate and Auction Co

Last Buyer's Agent

Jeffrey Harman

Landmark Realty License #475172414

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 1.36 Acre Lot
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Schools

  • Southwestern Dist 9 Elementary And Middle School
  • Southwestern High School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 22-000-515-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Keating Street
  • Special Description: No Exemptions
  • Age: 27
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Ceiling Fan, Central-Electric, Individual Units
  • Heating: Forced Air

Schools

  • Elementary School: SOUTHWESTERN DIST 9
  • Junior High School: SOUTHWESTERN DIST 9
  • School District: SOUTHWESTERN DIST 9
  • Senior High School: Southwestern

Lot Info

  • Lot Dimensions: 190 ft x 312 ft.
  • Lot Sq Ft: 59242
  • Acres: 1.3600

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 15545.00
  • Units: 1
  • Total Expenses: 9062.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2860
  • Assessor Parcel Number: 22-000-515-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Bennett Daniel and Bennett Luann
Bought by
Bennett Andrew and Bennett Ryan
Current Estimated Value
$134,869

Purchase Details

Closed on
Jul 27, 2022
Sold by
Jeffrey Harman
Bought by
Quinnhenry Property Llc

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 25, 2020
Sold by
Ruyle Dolores A
Bought by
Harman Jeffrey
Seller's Agent
Tommy Ruyle
Tarrant and Harman Real Estate and Auction Co
Buyer's Agent
Jeffrey Harman
Landmark Realty
List Price
$99,500
Sold Price
$89,900
Premium/Discount to List
-$9,600
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$71,920
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bennett Andrew -- None Listed On Document
Quinnhenry Property Llc -- Serenity Title
Harman Jeffrey $90,000 Serenity Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harman Jeffrey $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $89,900 -9.6% $32 / Sq Ft
04/23/2020 04/23/20 For Sale $99,500 -- $36 / Sq Ft
Source: MARIS MLS

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 $2,176 $34,346 $2,438 $31,908
2023 $2,780 $31,801 $2,257 $29,544
2022 $2,780 $41,989 $2,109 $39,880
2021 $2,844 $39,242 $1,971 $37,271
2020 $2,840 $38,472 $1,932 $36,540
2019 $2,907 $38,472 $1,932 $36,540
2018 $2,860 $38,472 $1,932 $36,540
2017 $3,009 $38,472 $1,932 $36,540
2016 $2,992 $38,472 $1,932 $36,540
2015 $3,080 $38,472 $1,932 $36,540
2014 $2,907 $38,472 $1,932 $36,540
2013 -- $38,472 $1,932 $36,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20025001

MARIS MLS

APN: 22-000-515-01