Upcoming Live Onsite Public Estate Acreage Auction
This Acreage Is Located South Of Fairview, SD In A Great Scenic Location Only A Short 1/2 Mile From A Hard Surface Road! This Acreage Features 1+/- Acre & Split Level Home!!!
Acreage Location: 48559 290th St. Fairview SD or from Fairview SD go 3 miles South on 486th Ave/HWY 44 to 290th ST. then go 1/2 mile West on 290th St. to the Acreage Site.
Sale Date: August 1, 2020
Acreage Will Be Sold At 10:30 A.M.
Auctioneers Note: The family of James Duane Koopsma is offering at Public Auction this acreage located between Fairview, SD and Hudson SD. This acreage is in a great scenic location nestled in the hills South of Fairview, SD! If you have been looking for that perfect property to establish your families legacy on then be sure to attend an open house and make plans today to purchase this property!!
Abbreviated Legal Description: —Koopsma Tr 1 NW ¼ NE ¼ located in Section 34-97N-48, West of the 5th P.M., Lincoln County, SD (48559 290th St. Fairview SD)
General Description: Are you searching for that perfect acreage?? Then your wait is over!! According to the Lincoln County Assessor this split level 2-bedroom home boasts approx. 1090 sq ft. and a 25 x 26 attached double garage and is situated on approx. 1+/- acre. The main floor of this home in-cludes a kitchen/dining area, living room with wood burning fireplace, 2 bedrooms and a bathroom with a tub/shower. The basement includes a family room which features a walkout entry, laundry, possible bathroom and possible bedroom and also has access to the garage. This home has cedar siding and asphalt shingles. The home has an electric Tempstar furnace and central a/c. This home has recently had several updates in 2019 including floor-ing, a new deck, new furnace and new shingles!! This property is on Lincoln rural water and Sioux Valley elec. This home has a very scenic location nestled in the hills South of Fairview, SD! This property would make a great acreage to build your families legacy on!! This is a great property for some-one looking for that hard to find acreage with great views and a great location!! Be sure to attend an open house and make plans to purchase this prop-erty!! Acreages in this area are rarely offered for sale!!!
Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are $1,194.82 per year. Taxes will be prorated to date of closing.
Open Houses: Open houses will be held at the property on July 11, 2020 from 10:00 AM to 12:00 P.M. and on July 16, 2020 from 5:30 to 7:00 P.M. or by appointment by contacting one of the agents listed below.
Method of Sale/Possession: Acreage will be sold in total dollars. Acreage will be sold at the site of the acreage. Possession will be on closing day on Sept 11, 2020.
Terms: Purchaser(s) will be required to pay a non-refundable $15,000.00 as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before Sept 11, 2020 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. 2019 taxes due in 2020 paid by the seller. 2020 taxes due in 2021 to be paid by the buyer and will be pro-rated to the date of closing. Lincoln County Abstract & Title will act as Escrow and Closing agent. This acreage is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers and subject to court approval. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Vance Myrabo-attorney for sellers.
James Duane Koopsma Estate—Owner
Ryan Zomer-712-441-3970–Gary Vanden Berg—712-470-2068
Joel Westra-605-310-6941—Joel Westra-Jr. 605-957-5222
12,874 total views
- Lot Size: 1 acre
- Listing Status: Sold
- Open House: July 11, 2020 from 10:00 A.M. to 12: 00 PM and July 16 from 5:30 to 7:00 PM
- Address: 48559 290th St. Fairview SD
- Type of Home: ranch
- Siding Type: cedar
- Roof Type: asphalt new in 2019
- Bedrooms: 3 possible
- Bathrooms: 2 possible
- Garage Size: 25 x 26 attached
- Kitchen: 12 x 16.5
- Dining Room: in kitchen
- Living Room: 13.8 x 17.10 w/wood fireplace
- Master Bedroom: 13.3 x 13.3 main
- Bedroom #2: 9.6 x 13.3 main
- Bedroom #3: possible 13.4 x 17.2
- Main Floor Bathroom: 7.6 x 7.11 w/tub and shower
- Bathroom #2: possible 8.2 x 9.7
- Laundry/Utility: in basement
- Family Room: 12.8 x 25 w/walk out door
- Furnace Type: electric Tempstar–new in 2019
- A/C: central
- Property Tax: $1,195