North Benton County Farm
Listed by Terry Silbernagel
Address: 4736 Independence Hwy NW
Closest city (area): Albany
Lot Size: 95.76 tax roll acres.
Annual Property Tax: $1,520 for the 2010/11 tax year.
Location: Property is located in Township 10 South, Range 4 West, Section 21, Tax Lots 1100, 1101, 1102, and 2200, Benton County, Oregon, with a site address of 4736 Independence Hwy NW, Albany, Oregon. Property is approximately 7 miles north of Albany, and a short 15 minute drive to Corvallis, Oregon, the home of Oregon State University.
Land: Property consists of 95.76 tax roll acres. With the exception of a small area near the home site which is in oak trees and pasture, the property is primarily dry, open farm ground that is currently being utilized for the production of grass seed. The soils are 68% Helmick silt loam, a Capability Class III soil, 26% Willamette silt loam, a Capability Class II soil, and 6% Dayton silt loam, a Capability Class IV soil. These soils are typical for this rolling type of topography
Zoning: Property is zoned exclusive farm use (EFU).
Improvements: There is a full complement of buildings on this farm which include two homes. The first is a 3 bed room, 1 bath, 1 1/2 story home built in 1954. According to the Benton County Assessors office the home contains 1719 square feet. The home is heated with natural gas and has central air conditioning. While it is somewhat dated it appears to be a very sound house. The second home is a 1 bed room, 1 bath cottage also built in 1954.
Farm buildings consist of a 40 x 100 metal clad building that was used to house a seed cleaning plant but is now being utilized for storage, a 26 x51 wooden machine shed, a detached double car garage and a 8 x 20 pump house. These building are all in fair to good condition and have a lot of useful life in them.
Irrigation: An online search of the State of Oregon Water Resource Department records found no irrigation rights for this farm.
A new domestic well was drilled in 1996. It is 181 feet deep and air tested at 50+ gallons per minute at the time of drilling. The old domestic well was professionally sealed at that time.
Remarks: This is a very attractive small farm with productive soils and a good set of buildings. It could be utilized for a number of different agricultural operations. The seller, who is seeking to retain a life estate in the small cottage, is willing to make some concession to remain on the property.
Disclaimer: This information is from sources deemed reliable but not guaranteed by the broker. Agri-Business Real Estate Services proudly represents the sellers of this property; buyers are urged to seek independent verification, through professional inspections and personal review, of the condition of the property and the facts contained herein. Property is subject to prior sale, price change, correction or withdrawal.
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