La Verkin Parcel (C-26774)

La Verkin Parcel (C-26774)

Auction Date:
October 24 2018
Minimum Bid:
Minimum Acceptable Price is Disclosed at $250,000
SOLD for $250,000
County:
Washington County
Acres:
40.00 Acres, More or Less
General Information

CLOSING COSTS:

These costs cannot be financed and are in addition to the 25% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $1,500.00
Cultural Resources Survey: $1,400.00
Legal Advertising Cost: $550.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $4,200.00

Beneficiary:

Public Schools

Legal Description:

Township 41 South, Range 12 West, SLB&M
Section 32: NW4NW4

Video:

Location:

The property is located in eastern Washington County, 2.4 miles east of La Verkin, Utah, and 2.6 miles east of Hurricane, Utah.

Access:

There is public access near the corner of the parcel via Sheep Bridge Road, however no known easement exists with neighboring private owners.

Other:

This parcel is non-irrigated flat terrain with small brush and grasses common to the area.  The parcel is bisected by a regional trail (the Jem Trail) that must remain open to public access.

Acreage:

40.00 Acres, More or Less

Water:

There are no known water rights included with the property.  Contact the Washington County Water Conservancy District at (435) 673-3617 for information regarding the potential for water development on the property.

Utilities:

There is no existing power to the property.   Any potential hookup to power would require consultation with and authorization from the appropriate utility company.

Zoning:

OS (Open Space District)  This parcel is within the town of Virgin.  Contact the City of Virgin for information on permitted uses and any potential zoning restrictions.

Financing:

Financing will be offered for this parcel.  A down payment of 25% 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. An Easement on the Jem Trail for a perpetual term
  2. Right of Entry Nos. 6524 and 6525 for seasonal use of the Jem Trail
  3. GP 21452-15, issued to Kenneth W. Heaton – This property will be deleted from the grazing permit upon sale of the property.

Cultural Resource Covenant:

A cultural resource review was conducted on the subject property.  No significant sites were identified.

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. All mineral rights and sand and gravel rights will be reserved.
  3. The property will be conveyed subject to all valid existing rights.
  4. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

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

Tracie Wilson
Office Specialist
traciewilson@utah.gov
(435) 652-2950

Kyle Pasley
Deputy Assistant Director
kylepasley@utah.gov
(435) 652-2950

more info

Natural Wash Looking Northwest:

Looking West at the Jem Trail:

Looking Northwest:

Looking North and Northwest:

Looking East on Neighboring Parcel:

Jem Trail:

Sheep Bridge Road:

maps