$680,000
$695,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
NE 27-49-25-3 N 1/2 SE 27-49-25-3 Rural, SK S0M 1H0
Key Details
Sold Price $680,000
Property Type Other Types
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2150461
Sold Date 10/24/24
Originating Board Lloydminster
Annual Tax Amount $2,013
Tax Year 2023
Property Description
This block of grainland is located approximately nine miles north of Lashburn in the RM of Wilton providing direct access from Highway #303 or Range Road #3252 on the east boundary. Currently rented out with possession available after the 2024 harvest. The two parcels total 231.94 titled acres (ISC) with the tenant reporting 168 seeded acres (canola) in 2024; this may vary from year to year with climate conditions and agronomic practice. Saskatchewan Assessment Management Agency profile indicates 178 cultivated acres, with the balance wetland or waste. 2021 SAMA assessment was $382,500. Soil Final Rating ranges from 65 to 82, primarily Waseca loam. Vendor reports surface lease revenue of $9,920 from five sites, however, notice of remediation has been received on two wells (annual revenue $1,700). The asking price of $695,000 was established as follows: $2,815 per title acre or $3,887 per current cropable acre plus the contributory value of the surface leases at 4.2 times or $42,000. SAMA assessment to sale price (ASPR) is 1.82 A detailed information package is available from listing office.
Location
State SK
County Saskatchewan
Zoning AG
Others
Restrictions None Known
Ownership Private
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