Seller's Agent in 2018
Matt Adams
Peoples Company
(515) 745-3192
144 Total Sales
0 Hamlin Ave Other, IA 51556
235
Acres
--
Price per Acre
10,236,600
Sq Ft Lot
About This Lot
As of March 2018Offering an aggressive return on investment and abundant wildlife opportunities with this 235 acre tract of income producing Wetland Restoration CRP land nestled among the Loess Hills of Western Iowa! Additionally, the farm is adjacent to Vaile Wetland Nature Area and Sawmill Hollow Wildlife Area with combined acres of wetland, woodland, and ridge top prairie habitat. Property includes 233.83 acres enrolled in two separate CRP contracts (CP-21 & CP-23) with an annual payment of $67,440. (223.71 acres with an annual payment of $66,308 enrolled until 2025 and 10.1 acres with an annual payment of $1,138 enrolled until 2018)
ANNUAL PAYMENT OF $67,440 EQUATES TO A 4.5% GROSS RETURN!
With the volatility and uncertainty that comes with investing in the stock market and lack of returns on alternative investments, owning this property with the Federal Government as your "tenant" should be enticing.
Located a few miles from Interstate 29 providing easy access .......
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,002
Lot Details
- 235 Acre Lot
- Property is zoned AG
Additional Features
- Electricity Available at Street
- Well
Listing and Financial Details
- Assessor Parcel Number 310001322700000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2018 03/02/18 | Sold | $1,125,000 | -24.9% | -- |
| 11/02/2017 11/02/17 | Pending | -- | -- | -- |
| 06/20/2017 06/20/17 | For Sale | $1,499,000 | -- | -- |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 542376
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