Iron Spring Canyon (PS 8500)
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: | $6,000.00 |
| Legal Advertising Cost: | $200.00 |
| Sale Processing Charge: | $500.00 |
| Application Fee: | $250.00 |
| TOTAL CLOSING COSTS: | $9,450.00 |
Legal Description:
Township 31 South, Range 25 East, SLB&M
Section 16:Â All
Location:
This parcel is located approximately 12 miles northeast of Monticello, Utah. The elevation is approximately 7,000 feet and the property is heavily covered in dense juniper. Historically, the parcel has been used for grazing. It is bordered by BLM land to the west and private ownership to the south.
Access:
The property is accessible along two sides from County Road 323. From Monticello head east on Highway 491 approximately 12 miles (from the junction with Highway 191) to West Summit Road, turn north. Follow West Summit Road approximately 14 miles to County Road 324 and turn west, go 1 mile and turn north on County Road 318. Continue for 1 mile and turn west on County Road 323 for 2 miles. County Road 323 runs along the southern portion of the property.
Acreage:
640.00 acres, more or less
Water:
No water rights have been established on the property.
Utilities:
No utilities are on site, however there is a power line running along the property boundary.
Zoning:
The parcel is zoned A-1 Agricultural. Further information on zoning may be obtained from San Juan County.
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.