SOLD
Winning Bid Undisclosed
This item SOLD at 2004 Sep 21 @ 09:40UTC-7 : PDT/MST
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PARCEL #3: 320 ac Pasture; W 1/2 of 31, T3N, R52W; Location: From Akron 1 mile N on Hwy. 63 to Co. Rd. 42, 1/2 miles W to SE corner of property; Topography is level to canyon type topography; Livestock well with windmill and tank. SUGGESTED OPENING BID: $72,000
Auction Location:
Washington County Event Center Schmidt Land Auction, Akron, Colorado, United States
Additional Fees:
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960 acres to be sold by Auction located North and Northeast of Akron, CO. The property will be offered as 3 individual Parcels
(no combinations of individual parcels) and bidding will begin at the SUGGESTED OPENING BIDS as stated within this brochure.
The sale of the parcels is an ABSOLUTE LAND AUCTION whereby the sale is absolute when the combined bids of the
3 parcels equal or exceed the TOTAL MINIMUM BID of $260,000. No parcel sells without all parcels selling. Cash sale. Immediately
following the conclusion of the auction, the bidder(s) will enter into and sign a Auction Land Contract (Specific Performanance/
Cash at Closing) for the amount of the highest bid(s). Required earnest money deposit to be in the form of a personal,
business, or corporate check for 15% of the purchase price which is due upon the signing of the contract and to be deposited
with Reck Agri Realty & Auction. Balance of purchase price plus closing costs due at closing in cash or cashier's check (Good
Funds) on or before October 12, 2004. Purchase contract will not be contingent upon financing. Seller to retain October
2004 CRP payment. Seller to convey all right, title, and interest to the existing CRP contracts as stated within the parcel descriptions;
Purchaser to receive 100% of the October 2005 CRP payment. Purchaser assumes responsibility of the maintenance
of the CRP acres, the obligations of the CRP contract, and the costs and penalties associated with the early termination of the
CRP contract. Seller to pass title by Personal Representative and Trustee’s Deed and will provide Title Insurance as evidence of
marketable title and cost of the premium to be split 50-50 between Seller and Purchaser(s). Legal description subject to existing
fence/field boundaries or land-use trades, if any. All stated acreages are approximate and are obtained from either the county
tax records, current legal descriptions, boundary surveys, and/or aerial photos and FSA information. No warrant