612+/- acres* in Kootenai Co Idaho
Five parcels in three locations. Offered at auction (online only) individually or in any combination. Cropland with some timber. Close proximity to Lake Coeur d’Alene. One mile north of the Coeur d’Alene Casino and Circling Raven Golf Course. One mile west of “Fightin’ Creek.” Highway 95 frontage and Elder Road access.
*UPDATE/CORRECTION (10/7/2020) - The FSA map erroneously shows 12.86 acres in the NE corner of Parcel 4 that is NOT part of the legal description that is being offered in this sale. This did not change the 124.01 FSA cropland acres but does reduce the farmland acres to 3.76 for a total of 127.77 FSA acres.
Bidder deposits: Parcel 1-$5,000, Parcel 2-$2,500, Parcel 3- $2,500, Parcel 4-$3,000, Parcel 5-$3,500 via cashier’s check payable to Theodore F.S. Rasmussen, PS, Trust Account.
Click on the INFO tab then DOCUMENTS to see more property details, maps, FSA info, draft Purchase and Sale Agreement, etc
Listed by C.D. "Butch" Booker, Broker/Auctioneer, Licensed in Idaho 509-989-2855
Seller: Scenic Vista Corp. (The Estate of Paul Stearns)
Bidding opens Friday, October 9th at 10:00 a.m. Bidding closes Wednesday, October 14th at 2:00 pm. Starting at 1:56:01, there is a 4-minute extension each time a new bid is placed until all bidding ceases for a full four minutes.
10% Buyer's Premium will be applied to the high bid to determine the final selling price.
UPDATE/CORRECTION (10/7/2020) - The FSA map erroneously shows 12.86 acres in the NE corner of Parcel 4 that is NOT part of the legal description that is being offered in this sale. This did not change the 124.01 FSA cropland acres but does reduce the farmland acres to 3.76 for a total of 127.77 FSA acres.
Bidding requires: 1) “Proof of Ability to Close” (letter from lender or financial institution); 2) cashier’s check for bidder deposit made payable to "Theodore FS Rasmussen PS, Trust Account;" 3) approval to bid on the booker2bid.com website. Mail "proof" and cashier's check to C.D. "Butch" Booker, 809 N Main St, Colfax, WA 99111.
Purchase and Sale Agreement available upon request.
Bidder amounts per parcel: #1-$5,000; #2-$2,500; #3-$2,500; #4-$3,000; #5-$3,500; entirety-$16,500
Sale subject to Sellers’ confirmation.
Successful internet bidders agree to complete and return a Purchase and Sale Agreement within 24 hours of close of auction.
10% earnest money due within two days of mutual acceptance of Purchase and Sale Agreement.
Cash at closing
Click on the INFO tab then DOCUMENTS to see more property details, maps, FSA info, draft Purchase and Sale Agreement, etc.
Listed by: C.D. "Butch" Booker, Licensed Broker in Idaho