Rock Point (PS 8545)

Rock Point (PS 8545)

Auction Date:
October 30 2014
Minimum Bid:
Minimum Acceptable Price is Disclosed at $140,000.00 – SOLD FOR $220,000.00
County:
Uintah County
Acres:
40.00 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: $ 1,000.00
Cultural Resources Survey: N/A
Paleontological Resources Survey $ 2,000.00
Legal Advertising Cost: $   498.00
Sale Processing Charge: $   500.00
Application Fee: $   250.00
TOTAL CLOSING COSTS: $4,248.00

Legal Description:

Township 4 South, Range 21 East, SLB&M

Section 4:  SW¼SE¼

Location:

This property is located just five minutes from downtown Vernal, approximately three miles to the northwest of town and one mile southwest of Steinaker Reservoir.  The southeastern portion of the property is dominated by a large ridge which offers great views of Vernal and the surrounding landscape.  The remainder of the property consists of some relatively flat areas and more gentle slopes along with small hills and rocky ridges.  Vegetation on the property consists mainly of grasses and sagebrush with some pinyon-juniper trees.  Elevation ranges from 5,600′ to 5,700′.  The property is bordered on all sides by privately-owned lands.

Access:

There is public access to the property via 2100 West, which is a paved Uintah County Class B road.

Acreage:

40.00 acres, more or less

Water:

There are no water rights associated with this property.

Utilities:

Utilities are located within the vicinity of the property.  Potential buyers should contact the appropriate utility provider in order to determine the availability of any utility service to the property.

Zoning:

The current zoning for this property is Mining & Grazing (MG-1).  The minimum lot size for a dwelling under this zoning is five acres.

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.

Encumbrances

Mineral Leases:

None

Surface Leases:

  1. Easement No. 1891 (UTU-87973) granted to PacifiCorp dba Rocky Mountain Power for a 69kV overhead power line.
  2. Predesignation No. 824, issued to Uintah County for Class B and Class D county roads which traverse the subject property which qualify as valid existing rights of way.  
  3. The property will be conveyed subject to all valid existing rights.
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 Utah Geological Survey commented that it had reviewed this parcel and indicated that “potential geologic hazards in the area that could affect the property may include flash flooding, debris flow, problem soils including shrink/swell and or collapsible, shallow groundwater and/or bedrock, and moderate to high indoor radon potential.  Prospective buyers should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property.
  3. A cultural resource (archaeological) survey has been conducted on the subject property.  Two significant sites were identified on the property which will be protected by deed restrictions and covenants as part of the sale contract.  Specific details regarding the restrictions will be provided at the auction or can be obtained by calling our office.
  4. A paleontological resources survey of the subject property has been completed.  No significant paleontological resources (fossils) were found on the property.  There will not be any paleontological deed restrictions or covenants for this property.
  5. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

Chris Fausett
Resource Specialist
chrisfausett@utah.gov
(801) 538-5139

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

more info

View from the northern portion of the property looking southwest.  The access road seen in the distance is near the western boundary of the property. View from the northern portion of the property looking southwest.  The access road seen in the distance is near the western boundary of the property.

 

View looking over the northwestern portion of the property.  The fence seen crossing the photo from left to right is the approximate western boundary.

View looking over the northwestern portion of the property.  The fence seen crossing the photo from left to right is the approximate western boundary.

 

View from the northwestern portion of the property looking to the southeast.  View from the northwestern portion of the property looking to the southeast.

 

View looking eastward across the northern portion of the property.

View looking eastward across the northern portion of the property. 

 

 

 

 

maps

PS8545