North Eden (PS 8551)

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: $2,400.00
Land Survey $1,200.00
Cultural Resources Survey: N/A
Legal Advertising Cost: $   240.00
Sale Processing Charge: $   500.00
Application Fee: $   250.00
TOTAL CLOSING COSTS: $4,590.00

Legal Description:

Township 15 North, Range 6 East, SLB&M

Section 34:  Within the NW¼SW¼, that portion lying west of the centerline of the Cisco Road (See Metes & Bounds)

Location:

This parcel is located in Rich County near the east side of Bear Lake and the Utah –“ Idaho border.  The property does not adjoin Bear Lake.  There is private land between the property and Bear Lake.  It is currently being used for agricultural purposes.

Access:

No current access to the property.  The property is being offered with no guarantee of access.  The property is bordered by private property on the west.  The Utah State Park campground (North Eden) borders the property on the north.  The Cisco Road (County Road) borders the east edge of the subject property.  There is no public access to the subject property across the private land or the Utah State Park.  Even though the Cisco Road adjoins the east boundary of the parcel, the road is much higher than the property, and there is no vehicle access road to the property.

Acreage:

9.47 Acres, More or Less

Water:

There are no water rights associated with this property.

Utilities:

None.  Any future utilities will likely have to come across private lands, and require easements.

Zoning:

The current zoning for this property:  Beach Development and has a one unit per acre zoning density.

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 a 20 year term.


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