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APPRAISAL ASSIGNMENT. Due December 7, 2012. SUBJECT PROPERTY. 320 ACRES N/2, SECTION 35, BLOCK P IRRIGATED 120 ACRES DRYLAND CROPLAND 144 ACRES DRYLAND CRP 48 ACRES LAKE 8 ACRES IMPROVEMENTS: 1148 SQ FT HOUSE AND GARAGE. COMPARABLE #1. 320 ACRES W/2, SECTION 7, BLOCK D

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Appraisal assignment

APPRAISAL ASSIGNMENT

Due

December 7, 2012


Subject property
SUBJECT PROPERTY

  • 320 ACRES

  • N/2, SECTION 35, BLOCK P

  • IRRIGATED 120 ACRES

  • DRYLAND CROPLAND 144 ACRES

  • DRYLAND CRP 48 ACRES

  • LAKE 8 ACRES

  • IMPROVEMENTS: 1148 SQ FT HOUSE AND GARAGE


Comparable 1
COMPARABLE #1

  • 320 ACRES

  • W/2, SECTION 7, BLOCK D

  • DRYLAND CROPLAND 320 ACRES

  • IMPROVEMENTS: ABANDONED HOUSE WITH NO VALUE

  • SOLD FOR $550/ACRE ON 6/7/11


Comparable 2
COMPARABLE # 2

  • 171 ACRES

  • SW/4, SECTION 24, BLOCK D-T

  • DRYLAND CRP 171 ACRES

  • IMPROVEMENTS: FENCING WITH CONTRIBUTORY VALUE OF $12,500

  • SOLD FOR $375/ACRE ON 10/13/11


Comparable 3
COMPARABLE # 3

  • 230 ACRES

  • WEST PART OF N PART, SECTION 34, BLOCK A

  • IRRIGATED CROPLAND 80 ACRES

  • DRYLAND CROPLAND 150 ACRES

  • IMPROVEMENTS: METAL BARN VALUED AT $5,000, SPRINKLER VALUED AT $35,000

  • SOLD FOR $890/ACRE ON 9/08/11


Comparable 4
COMPARABLE # 4

  • 320 ACRES

  • N/2, SECTION 21, BLOCK D

  • DRYLAND CROPLAND 258 ACRES

  • PASTURE 62 ACRES

  • IMPROVEMENTS: SMALL FRAME HOUSE AND METAL BARN VALUED AT $27,000

  • SOLD FOR $570/ACRE ON 10/19/10


Comparable 5
COMPARABLE # 5

  • 115 ACRES

  • NW/4, SECTION 24, BLOCK D-2

  • IRRIGATED CROPLAND 50 ACRES

  • DRYLAND CROPLAND 65 ACRES

  • IMPROVEMENTS: ABANDONED HOUSE ON PROPERTY NO VALUE

  • SOLD FOR $900/ACRE ON 3/6/11


Comparable 6
COMPARABLE # 6

  • 160 ACRES

  • E/4, SECTION 2, BLOCK D-5

  • IRRIGATED CROPLAND 40 ACRES

  • DRYLAND CROPLAND 120 ACRES

  • IMPROVEMENTS: NONE

  • SOLD FOR $650/ACRE ON 2/16/12


Comparable 7
COMPARABLE # 7

  • 160 ACRES

  • NE/4, SECTION 1, BLOCK D-5

  • DRYLAND CRP 135 ACRES

  • IMPROVEMENTS: NONE

  • SOLD FOR $260/ACRE ON 5/31/11

  • IGNORE ANY IMPROVEMENT ON THE PROPERTY AT PRESENT


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