Pleasant Valley Parcels (C-26838-A and C-26838-B)

Pleasant Valley Parcels (C-26838-A and C-26838-B)

Auction Date:
November 6 2019
Minimum Bid:
Minimum Acceptable Price for Parcel A is Disclosed at $40,000                  Minimum Acceptable Price for Parcel B is Disclosed at $45,000 PARCEL A SOLD FOR $55,000.00 PARCEL B SOLD FOR $55,000.00  
County:
Duchesne County
Acres:
Parcel A = 40.68 acres, more or less; Parcel B = 41.80 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.  Each parcel will be assessed the following costs:

Appraisal Costs: $1,200.00
Cultural Resources Survey: $400.00
Legal Advertising Cost: $300.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS (each parcel): $2,650.00

Video:

Beneficiary:

Public Schools

Legal Description:

Parcel A
Township 8 South, Range 17 East, SLB&M

Section 16:  Lots 3 and 4
40.68 Acres, More or Less

Parcel B
Township 8 South, Range 17 East, SLB&M
Section 16:  Lots 1 and 2
41.80 Acres, More or Less

Location:

These parcels are located approximately 6.5 miles southeast of Myton, in the Pleasant Valley area.  The approximate boundary between the two parcels is 1000 West and 500 West runs along the east boundary of Parcel B.

Access:

Both parcels have good access from County-claimed roads.

Other:

The terrain of both parcels is level and the property is bounded by private property.

Acreage:

Parcel A = 40.68 acres, more or less
Parcel B = 41.80 acres, more or less

82.48 Total Acres, More or Less

Water:

No water rights are included with the property. Surface waters of the area are considered to be fully appropriated. There are some limited ground-water resources available. Appropriations from isolated springs and underground water are generally limited to sufficient acre-foot amounts to serve the domestic needs of one family, irrigation of 0.25 acres, and 10 head of livestock. Interested parties should contact the Division of Water Rights for more information regarding the availability of water rights on this property.

Utilities:

The parcels have power and telephone near the site.  No sewer or gas lines are present and any development would be reliant upon septic and propane.

Zoning:

A-10 (Agricultural) Zone (This zoning allows for the development of one dwelling on every ten acres.)

Financing:

Financing will be offered for these parcels.  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:

  1. Mineral Lease No. 45554, for an oil, gas, and hydrocarbon lease, issued to Newfield Production Company

Surface Leases:

  1. Easement No. 1530, issued to Duchesne County for roads, for a perpetual term
  2. Easement No. 2284, issued to Duchesne County for roads, for a perpetual term
  3. Special Use Lease No. 1402, for agriculture, issued to John and Brenda Price, with an expiration date of December 31, 2019

Cultural Resource Covenant:

A cultural resource review was conducted on the subject properties.  No significant sites historic sites were identified.  These properties will be sold without cultural reservations.

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, including the sand and gravel rights will be reserved.
  3. The properties will be conveyed subject to all valid existing rights.
  4. The Utah Geological Survey has commented: “Potential geologic hazards in the region that could affect the parcels include flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, earthquake-related hazards associated with the Duchesne-Pleasant Valley fault system, and indoor radon potential.  Potential hazards should be addressed in a manner appropriate to the intended use of the property.  Geologic hazards are best addressed early in the planning process prior to development and construction.  UGS has general geologic hazard information available at its offices and online at htts://geology.utah.gov/utahgeo/hazards/index.htm.
  5. 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

Scott Bartlett
Resource Specialist
scottbartlett
@utah.gov
(801) 538-5166

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