Modena (PS 8598)

Modena (PS 8598)

Auction Date:
November 15 2017
Minimum Bid:
Minimum Acceptable Price is Disclosed at $279,000.00
SOLD FOR $279,000.00
County:
Iron County
Acres:
630.00 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: $1,600.00
Cultural Resources Survey: $4,731.24
Legal Advertising Cost: $525.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $7,606.24

Beneficiary:

Public Schools

Legal Description:

Township 34 South, Range 17 West, SLB&M
Section 32:  E2, E2W2, NW4NW4, E2SW4NW4, NW4SW4NW4, N2SW4SW4NW4, E2NW4SW4, S2NW4NW4SW4, SW4NW4SW4, SW4SW4

Video:

Movie

Location:

Located approximately 7 miles east of the town of Modena in Escalante Valley in Iron County.

Access:

The parcel has access from an existing gravel road.

Other:

This parcel is in the Escalante Valley near the town of Modena.  It is accessed from a gravel road.  It adjoins private land on all sides.   The parcel is currently being use for agricultural purposes under an agricultural lease which will be cancelled upon sale of the property.

Acreage:

630.00 acres, more or less

Water:

None

Utilities:

Power is available in the general area.

Zoning:

A-20 (Agricultural with a 20 Acre Minimum to Build)

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. GP 22434 is a grazing permit issued to Robert Holt Farms which will be cancelled if the property is sold.
  2. SULA 430 is a special use lease issued to Holt Farms LLC which will be cancelled if the property is sold.

Cultural Resource Covenant:

A cultural resource survey is being conducted on the subject property.  No significant sites were identified.  The property will be not be subject to reservations for any site(s).

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. All minerals, including the sand and gravel are reserved to Trust Lands Administration.
  4. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

Lou Brown
Resource Specialist
loubrown
@utah.gov
(435) 896-2559

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

more info

Additional Photos:

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