Daniel’s Canyon – Parcel B (PS 8575)

Daniel’s Canyon – Parcel B (PS 8575)

Auction Date:
May 25 2016
Minimum Bid:
Minimum Acceptable Price is Not Disclosed SOLD for $325,000
County:
Wasatch County
Acres:
298.56 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: $1,300.00
Cultural Resources Survey: $250.00
Legal Advertising Cost: $325.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $2,625.00

Legal Description:

Township 5 South, Range 5 East, SLB&M

Section 1:  Lot 3, SE¼NW¼, E½SW¼, SE¼ (Less Conveyance for Highway 40 via ROW 715)

Location:

This parcel is located near the mouth of Daniel’s Canyon, approximately 6 miles southeast of Heber City.

Access:

This parcel has frontage on US Highway 40 (US 40). US 40 is a limited access highway, however agency records indicate that an access point was reserved along the westerly right of way line in Right of Way No. 715. A copy of the right of way document is available from the agency upon request. Interested parties should contact the Utah Department of Transportation for questions regarding access to the property from US 40.

Other:

This property is bordered by privately owned lands, federal (BLM) lands to the northeast, and the Uinta-Wasatch-Cache National Forest to the east.

The property is comprised mainly of steep terrain, with limited level areas near Daniels Creek. Elevation ranges from a low of 6,200 feet at the canyon bottom to a high of 7,500 feet. The majority of the property is located southwest of Highway 40. Vegetation consists of natural grasses, some sage brush, oak brush, pine, aspen, and a few deciduous trees along Daniels Creek. The parcel has some development potential as recreational property, or continued use as summer range ground and/or big and small game hunting potential.

Acreage:

298.56 acres, more or less

Water:

There are no water rights associated with these parcels and the area is closed to new filings.

Utilities:

An underground fiber optic line follows Highway 40. No other utilities are present on the property. Potential purchasers should conduct their own due diligence regarding the potential of bringing utilities to the property.

Zoning:

The portion of the property located to the south of Highway 40 is zoned P-160 by Wasatch County. The remainder of the parcel to the north of Highway 40 is within the incorporated boundaries of Independence, Utah. Please contact Wasatch County and Independence officials for information on permitted uses and zoning restrictions.

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 a 20 year term.

Encumbrances

Mineral Leases:

None

Surface Leases:

  1. Right of Way No. 715 for road purposes (Highway 40), conveyed to the Utah Department of Transportation via quit claim deed. The right of way property is excluded from this sale, as it is not owned by the Trust Lands Administration.
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.  No significant sites were identified.
  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:

Chris Fausett
Resource Specialist
chrisfausett@utah.gov
(801) 538-5139

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

more info

View from the eastern property boundary, looking west:

PS 8575-01

 

View from the north, looking southwest:

PS 8575-02

 

Daniel’s Creek, crossing the property:

PS 8575-03

 

Flat lands near Daniel’s Creek, on south side of Highway 40:

PS 8575-04

 

Flat lands near Daniel’s Creek, on south side of Highway 40:

PS 8575-05

 

 

 

 

 

 

 

 

 

 

maps

PS8575