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SOLD! - Groen Family Farm Estate - $736,000.00

Value consideration and asking price 7/22/2020

  1. Located in SE ¼ of Section 6 of Crooks Township of Renville County. Approximately 4 miles south of HWY 7 and just ½ mile west of County Road number 6 Contains 155 deeded acres of which approximately 120 acres are tillable. (note that the Broberg Farm site (SE Corner) is actually rectangular in shape - Doug Groen (current renter) is farming a few of their acres)

  2. County Assessed Value of the property as of today: $779,000.00

  3. Proposal: Considering the property is very unique with non tillable acres consisting of gravel pit, pond, grove of trees, creek, and a few waste acres – The Groen family would consider selling Parcel B separately. However, parcel A will not be sold before parcel B

    a. Parcel A could consist of approximately 103 acres (98 tillable ? ), with a value of $618,000.00 or [email protected] x $6180 - approximate

    b. Parcel B could consist of 41 acres – approximate ; with a value of $118,000.00 ( or 22 tillable acres x $4500 = $100,000.00 plus 18 non tillable acres x $1000 = $18,000 )

  4. The total value of Parcel A an Parcel B would be $736,000.00 (asking price)
    Note: somewhat less than the county assessed value.

  5. 2020 Real Estate Taxes: $4787.23

Attachments:

Groen Farm - Parcel A.pdf
Groen Farm - Parcel B.pdf
Groen Farm - Plat Map.pdf
USDA - MN129_F632_T458.pdf

Arial Photos:

This information is from sources deemed reliable, but is not guaranteed by agent. Please contact broker and or USDA F.S.A. for more information.

About

DeGroot Farm and Land Sales is owned and operated by Bryan and Sue DeGroot of Prinsburg, Minnesota. Both Bryan and Sue grew up in the area and currently reside in Prinsburg.

Bryan has been a broker for over 40 years and established DeGroot Farm & Land Sales in 1980. Sue currently serves as office manager and secretary.

Track Record:

  • Over 60,000 acres have been sold
  • Over $70,000,000.00 in sales
  • Over 377 individual farm sales - not includng numerous hobby farms, residential, and lake shore properties.
  • Over 90% of all listings have resulted in sales
  • Currently endorsed by many area professional people involved with farm real-estate