Scofield – Parcel 4Q (C-26864)
ONLINE BIDDING INFORMATION:
Bid Start Time: Thursday, November 12, 2020 at 9:40am
Bid End Time:Â Wednesday, November 18, 2020 at 2:40pm
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: | $1,100.00 |
| Cultural Resources Survey: | $500.00 |
| Legal Advertising Cost: | $200.00 |
| Sale Processing Charge: | $500.00 |
| Application Fee: | $250.00 |
| TOTAL CLOSING COSTS: | $2,550.00 |
Beneficiary:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Legal Description:
Township 11 South, Range 7 East, SLB&M
Section 15: NE4NW4 (Within)
Location:
The parcel is located in the Dry Valley area which is located approximately 3.5 miles from Scofield Reservoir.
Access:
Access to the property is along dirt roads, beginning at approximately MP 17.7 of Highway 96.
Additional Information:
This parcel would make a great private camping location or a location for an RV pad. The parcel is relatively flat on the north end with a rock formation on the south end that includes some steep terrain and some vegetation.
Acreage:
19.99 Acres, More or Less
Water:
None
Utilities:
None
Zoning:
This parcel is zoned Mining and Grazing which has a minimum lot size of 50 acres required for a single family dwelling.
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.
Mineral Leases:
None
Surface Leases:
None
Cultural Resource Covenant:
A cultural resource survey was completed for this parcel. No significant sites were identified. The parcel will be sold without any cultural resource survey reservations.
Disclosures:
- Please see the disclosure summary and the certificate of sale template document posted at the bottom of this page for general disclosures which apply to all parcels being offered for sale at this auction.
- All mineral rights, including the sand and gravel rights will be reserved.
- The following comments were received from the Utah Geological Survey (UGS): Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. Prospective users should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at its offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.
- The property will be conveyed subject to all valid existing rights.
