Showalter Mountain (C-26909)

Showalter Mountain (C-26909)

Auction Date:
June 15 2021
Minimum Bid:
Minimum Acceptable Price is $535,000.00
SOLD FOR $603,000.00
County:
Iron County
Acres:
652.28 Acres, More or Less
General Information

ONLINE BIDDING INFORMATION:

Bid Start Time for this Parcel: 9:50am (June 9, 2021)
Bid End Time for this Parcel:  2:50pm (June 15, 2021)

  • For step by step instructions to pre-register as a bidder, please click here.
  • For a link to this parcel on the auction website, please click here.

CLOSING COSTS:

The closing costs are in addition to the 10% down payment.  The cultural resources survey costs may be financed, upon approval.  All other closing costs are due from the prevailing bidder at the auction and cannot be financed.

Appraisal Costs: $2,250.00
Cultural Resources Survey: $800.00
Legal Advertising Cost: $200.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $4,000.00

Video:

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 32 South, Range 6 West, SLB&M
Section 16:  All

Location:

The parcel is located south of Highway 20 in Iron County.

Access:

This property does not have any legal or physical access.

Additional Information:

The parcel has steep mountainous terrain with conifer trees, mountain brush, pinyon and juniper trees.

Acreage:

652.28 Acres, More or Less

Water Rights:

Water Right No. 75-1402 for a diligence claim for the stock watering of 200 head of livestock (2.823 acre-feet) directly on a stream will be conveyed with the property.

Utilities:

None

Zoning:

A-20 (Agriculture with a 20 acre minimum to build)

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 for up to a 20 year term.

Encumbrances

Mineral Leases:

None

Surface Leases:

  1. Grazing Permit No. 22515-10, issued to Beaver Valley Grazing Association (this land will be deleted from the grazing permit upon completion of the sale)

Cultural Resource Covenant:

A cultural resource analysis was conducted on this parcel.  No significant sites were identified.  The parcel will be sold without any cultural reservations.

Disclosure and Contact

Disclosures:

  1. 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.
  2. All mineral rights, including the sand and gravel rights will be reserved.
  3. The property will be conveyed subject to all valid existing rights.
  4. The following comments were received from the Utah Geological Survey regarding this parcel:  “Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, landslides/landslide-prone geologic units, problem soils and/or rock 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.”

Contact for Additional Information:

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

Ron Torgerson
Resource Specialist
rgtorgerson@utah.gov
(435) 893-2980

more info

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