Otter Creek Parcel (PS 8320-B)

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: $1,800.00
Cultural Resources Survey: $   677.00
Legal Advertising Cost: $   394.00
Sale Processing Charge: $   500.00
Application Fee: $   250.00
TOTAL CLOSING COSTS: $3,621.00

Legal Description:

Township 30 South, Range 2 West, SLB&M

Section 2:  Lot 4 (NW¼NW¼)

Location:

This parcel is located on the northwest side of Otter Creek reservoir, approximately 8 miles north of Antimony, Utah, and 1 mile south of Angle, Utah.  It is just east of State Highway 62 and near the reservoir.  The parcel has year round access from Class B county roads which run through the parcel and along the northern edge of the property. The parcel is ideally located for easy access to the lake and other amenities in nearby communities.  The elevation is 6,400 feet. The topography is generally flat. The vegetation consists of sagebrush and mixed grass. Otter Creek is well known for its fishing and boating opportunities as well as the State Park located on the south end of the reservoir.  The property is bordered by private land on the east and south side and by BLM land on the north and west sides.

Access:

The property is accessed by county Class B roads on the property.

Acreage:

38.06 acres, more or less

Water:

There are no water rights associated with this property.

Utilities:

There is a fiber optics communication line and power line crossing the property.

Zoning:

The current zoning for this property is A 80 –“ Agricultural (80 acre minimum to build).  This lot is recognized by Piute County as a subdivided lot and will be allowed a building permit.

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.


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