Laserfiche WebLink
- 2 - <br />• • <br />3. $/28/86 - 22.76 acres at $2,870.07 per acre for a total selling <br />price of $65,322.79. Sellers were Robert and Virginia Nelson <br />and the purchaser was Valco, Inc. <br />4. 5/28/86 - 30 acres at $2,870.07 per acre for a total selling <br />price of $86,102.00. Sellers were Jack and Delta Helmsing and <br />the purchaser was Valco, Inc. <br />5. 6/6/86 - 13 acres at $2,767.42 per acre for a total selling <br />price of $35,976.46. Sellers were Patrick and Elizabeth <br />Fountain and the purchaser was Valco, Inc. <br />The Rodarmel purchase was not used as it did not meet the test of <br />"willing buyer - willing seller". A certificate of purchase from <br />a bank foreclosure resulted in this purchase. <br />I feel a price of $3,000 per acre fairly represents the current <br />value of this land. <br />313 acres @ $3,000/acre = $939,000 <br />Improvements 50,000 <br />Total Appraised value $989,000 <br />Respectfully submitted, <br />Arlo Beamon <br />Enclosures: Map of area <br />Legal description of subject property <br />Arlo Beamon has a Bachelors and a Masters degree in Business <br />and Banking. My experience includes 32 years banking and three <br />years of teaching lending at the University of Colorado Graduate <br />Banking School. Positions include President and Sr. Loan Officer. <br />Since retiring from banking, I am employed with Jones-Healy, Inc., <br />as a Realtor dealing in farms, ranches and commercial properties. <br />I hold both sales and broker licenses. I am called upon frequently <br />by appraisers for my opinion of values. <br />