NAME OF FARM:                                           Hancock Trust/Pettyjohn Westberg 

 

PROPERTY LOCATION:                                Five miles Southeast of Moscow, Idaho

 

ACCESS:                                                         Access to the subject property is provided by Campbell Loop Road

 

PARCEL SIZE:                                                Total acres  158.0  acres mol    FSA Records

                                                                        Crop acres  123.5 acres mol     FSA Records

 

SALE PRICE:                                                  $230,000

 

LEGAL DESCRIPTION:                                  The S1/2 of the NE1/4 and the N1/2 of the SE1/4 of Section 5; Township 38; Range 4 WBM all in Latah County, State of Idaho.

 

FARM & TRACT NUMBER:                           Farm #3048 Tract  #1145

 

TYPE OF FARM:                                             This farm is in an area of continuous cropping with this farm rotation consisting of winter wheat, spring wheat with an occasional legume grown.

                                                                       

ACREAGE BREAKDOWN:                            Cropland                       91.30 m/l acres

                                                                        CRP                             32.2 m/l acres

Timber                          31.10 m/l acres

                                                                        Waste and R of W          3.40 m/l acres     

                                                                        Total Acres                  158.00 m/l acres

 

CRP INFORMATION:                                     This farm has 32.2 acres of CRP that expires 9/30/11. The owner receives 2/3 of annual payment which is $1,230/year.

 

BASE ACRES & FSA YIELDS:                       Base Acres:                  FSA Yield:

                                                                        Wheat 66.3 acres          Wheat  62 bu/ac

Barley  5.0 acres           Barley  48 bu/ac

Oats       .2  acres         Oats     48 bu/ac

 

FIVE YEAR AVERAGE YIELDS:                   Winter wheat  52 bu/ac

                                                                        Spring wheat   48 bu/ac

                                                                       

                                                                                               

LEASE INFORMATION:                                 This farm is currently on a year to year lease pending a sale of the property.

                                                                        This lease is on a crop-share basis with the owner receiving 1/3 of wheat, barley, any other grain crops and dry peas & lentils.

                                                                        Owner pays 1/3 of all costs of fertilizer, chemicals, insecticides, fungicides and 1/3 of the dry pea and lentil seed cost.

                                                                        Owner also pays 1/3 of the noxious weed chemicals.

 

ZONING:                                                         The zoning for this farm is Agricultural/Forest.

 

PARCEL NUMBERS:                                      RP38N04W051229A

                                                                                                                                               

ASSESSED VALUE:                                        2008 Assessed Values                (Agricultural Value)

                                                                                                                                   $52,087                     

                                                                       

REAL ESTATE TAXES:                                  2008 Real Estate Taxes:                        $   716

                                                           

NOTE:                                                             The information contained herein is deemed to be accurate, however, it is not guaranteed by Seller or Seller’s Agent.