Westover Farms Sales Price ?

[wbyman]

Does anyone know what price Westover Farms near Steelville sold for last year ? Just curios. Thanks !

[Mitch f]

Interesting question, why do you ask?

[ness]

Sale was from FDIC to a private entity. I don't think you'll see it published anywhere, but what do I know? I think it was listed at $5 million.

I also stumbled onto a listing for WindRush at $5.8 million. Ain't gonna happen.

[wbyman]

Yea I saw where it was listed for sale again. The sale price should be a matter of public record at the county courthouse. I just thought someone around here might have heard what it brought. I would guess around 2.5 to 3 million. 2 brothers out of St. Louis bought it. I heard Wind Rush is for sale also at about 5 million. Those prices have to many zeros for me !

Mitch F, I see your interests are the same as mine. I would like to purchase a small farm in southern MO. with a live spring creek and some trout fishing or the possibility of that, just trying to figure out a fair price per acre. I am a farm land owner in west central IL. , but the land market is different up here. Thanks

[Gavin]

Call up Tom or Lisa at Westover and confirm it, but I heard it went for $1.2M at the FDIC firesale...Just because a property has a spring creek doesnt mean that it will hold trout. Many of the springs have too much nitrogen content to support insect life and trout. I'd get a copy of Chuck Tryon's Trout book and a gazetteer and scan the list of possibles. There is always river property for sale on the North Fork of the White...and plenty of cattle farms in the area. Rocky soil in the Ozarks isnt good for much more than cows & timber. Good luck with your search.

[awhuber]

. The sale price should be a matter of public record at the county courthouse.

I have'nt ever had to report sales prices in any of the rural counties where I have bought property. The assessor sends out a form for self reporting. The paper work filed usually says something like "sold for one dollar and other valuable consideration".

Wood land around here is selling for $700.00 to 2000.00 and pasture is 1000.00 to 3000.00 depending location, water...etc.

Best bet is finding a good agent and woking with them everything is not listed on the web.

[wbyman]

Gavin and awhuber thanks for the great info. . Your sale price of Westover may be accurate. I have Tryon's book it does have a lot of good info.. I live 120 miles north of St. Louis and I am looking for some land as close as possible to my home , Steeleville is about 4 1/2 hours. But I would consider farther.