SALDIN ESTATE FARMLAND AUCTION TUESDAY, MAY 22, 2018
15501 Farmington Rd, Farmington, WA
256+/- Farmland Acres with Home & Outbuildings
Offered in a single parcel
Sellers accepted the high bid at the close of the auction, and the sale closed on June 28, 2018. Final sales price: $1,031,250. Good crowd! Thank you to everyone who attended, especially those who registered to bid.
Production dryland farm in 20-22" rainfall area
256 FSA acres includes 33 acres CRP; expires 9/30/2020
Currently under an unwritten, year-to-year crop share lease: one-third/two-thirds for grain crops & one-fourth/three-fourths for pulse crops
10-year winter wheat yields for 2008-2017 (from crop insurance records): 86 bushels/acre average; high 111 bushels; low 73 bushels; four years out of ten in excess of 90 bushels
Improvements: 2,816 sq ft, 3BR/2BA, one-story, mid-century home with basement; detached 1-car garage, cellar and bunkhouse; 33'x48' Quonset-style shop; 80'x30' machine shed/shop; some horse corrals
Selling a legal description - not acres - with no contingencies.
Bidding requires pre-qualification and $10,000 bidder deposit in a CASHIER's CHECK to Pioneer Title Company presented at registration on DAY OF AUCTION. Read Terms & Conditions or contact Kincaid Real Estate if you have questions about bidding.
10% Buyer Premium will be added to the high bid to determine the final selling price. Sale subject to Sellers’ confirmation.
10% earnest money due from successful bidder at end of auction.
Cash at closing on or before June 28, 2018.
ON-SITE PROPERTY PREVIEW: Tuesday, May 15, 2018, 2-4pm Meet at subject property. Broker will be on site to answer questions.
Click on the links below for real estate and auction information:
General Location Map
FSA Map, Abbreviated 156, CRP Info, Yield History
Rainfall & Soils Information
Purchase & Sale Agreement, Legal Desc, Tax Parcel Map
Seller Disclosure, Lead Based Paint Disclosure
Terms & Conditions, Info Resources, Disclaimer
Law of Real Estate Agency
QUESTIONS? Contact C.D. "Butch" Booker, Auctioneer/Broker
Kincaid Real Estate
809 N Main St, Colfax WA 99111
BROKER PARTICIPATION: A 2.0% cooperating broker referral fee will be paid to the appropriately licensed real estate broker whose pre-registered prospect pays and successfully closes on this sale. Participating brokers must follow all guidelines set by the Listing Broker and must complete and submit to the Listing Broker a Cooperation Agreement Between Brokers no later than 2:00pm on Thurs, May 17, 2018. Agreements may be obtained from the Listing Broker. No agent will be recognized on a prospect who has previously contacted or been contacted by the Seller or its representatives. Registered broker(s) must have shown their client(s) the property. Registered broker(s) and their client(s) must attend the auction.