Hanksville South (PS 8594)

Hanksville South (PS 8594)

Auction Date:
October 19 2016
Minimum Bid:
Minimum Acceptable Price is $64,000
SOLD FOR $75,000
County:
Wayne County
Acres:
40.00 Acres, More or Less
General Information

CLOSING COSTS:

These costs cannot be financed and are in addition to the 10% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $2,500.00
Cultural Resources Survey: $600.00
Legal Advertising Cost: $460.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $4,310.00

Legal Description:

Township 28 South, Range 11 East, SLB&M

Section 22:  NE¼NW¼

Location:

Located in the community of Hanksville in eastern Wayne County.

Access:

The parcel has access from two existing county gravel roads.

Other:

This parcel is within the incorporated limits of the community of Hanksville. It is just off of state highway 95 and offers opportunities for commercial or residential development.

Acreage:

40.00 acres, more or less

Water:

There is no water or water rights associated with this property.

Utilities:

None

Zoning:

Residential/Agriculture

Financing:

Financing will be offered for this parcel.  A down payment of 10% and closing costs will be due at the auction.  The remaining balance can be financed at a variable rate of prime plus 2.5% for up to a 20 year term.

Encumbrances

Mineral Leases:

None

Surface Leases:

  1. Predesignation No. 708, issued to Wayne County for roads which qualify as valid existing rights
Disclosure and Contact

Disclosures:

  1. Please see the auction page for general disclosures and auction procedure information which pertains to all properties being offered at the auction.
  2. The property will be conveyed subject to all valid existing rights.
  3. A cultural resource survey was conducted on the subject property.  The property will not be sold subject to any cultural reservations.
  4. All minerals, including the sand and gravel are reserved to Trust Lands Administration.
  5. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

Lou Brown
Resource Specialist
loubrown
@utah.gov
(435) 896-6494

Diane Lund
Sales Coordinator
dlund@utah.gov
(877) 526-3725 or (801) 538-5163

more info

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maps

PS8594