Bought with Kevin D Jarrett
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Key Details
Sold Price -
Property Type Vacant Land
Sub Type Hay
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SK963568
Sold Date -
Lot Size 479.900 Acres
Acres 479.9
Property Sub-Type Hay
Source Saskatchewan
Property Description
This package of 3 quarters of farmland is located just northeast of Maidstone, SK.
It is currently in pasture, but 341 acres were cultivated before.
There are four (4) oil wells on the land with a surface lease of $10,425.00 per year.
The pasture has reasonable good fence but the buyer needs to build 1 mile of
additional fencing.
Farmland & Price Summary
3 parcels
480 title acres (ISC)
SAMA Information
478 total acres
341 cultivated acres
121 native pasture acres
16 wetland/bush acres
$333,300 total 2021 assessed value (AV)
$111,565 average assessment per 160 acres
31.1 soil final rating (weighted average)
$750,000 Farmland Price
$1,563 per title acre (ISC)
$2,199 per cultivated acre (SAMA)
2.25 times the 2021 assessed value (P/AV multiple)
$52,125 Surface Lease (5 x $10,425)
$802,125 Total Price
Location
Province SK
Exterior
Fence Barbed Wire
Topography Flat,Gently Rolling
Read Less Info
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