Soldier Creek Road (C-26907)

Soldier Creek Road (C-26907)

Auction Date:
June 15 2021
Minimum Bid:
Minimum Acceptable Price is $120,000.00
SOLD for $164,000.00
County:
Carbon County
Acres:
160.00 Acres, More or Less
General Information

ONLINE BIDDING INFORMATION:

Bid Start Time for this Parcel: 10:00am (June 9, 2021)
Bid End Time for this Parcel:  3:00pm (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: $2,000.00
Cultural Resources Survey: $12,410.04
Legal Advertising Cost: $200.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $15,360.04

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 13 South, Range 11 East, SLB&M
Section 36:  S½SW¼, W½SE¼

Location:

The parcel is located along Soldier Creek Road, approximately 8 miles northeast of Wellington in Carbon County.

Access:

Access to and through the parcel is via Soldier Creek Road.

Additional Information:

The property consists of two plateaus with a draw running north to south between them.  Private lands border the parcel to the north and east, and BLM lands border the parcel to the west and the south.

Acreage:

160.00 Acres, More or Less

Water Rights:

None

Utilities:

None

Zoning:

M&G (Mining & Grazing)

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:

  1. Mineral Lease No. 52479, issued to WEM Dragon, LLC for oil, gas, and hydrocarbon mining with an expiration date based on production

Surface Leases:

  1. Grazing Permit No. 20230-09, issued to Pine Canyon Ranch LLC (this land will be deleted from the grazing permit upon completion of the sale)
  2. Easement No. 2429, issued to Pine Canyon Ranch, LLC for a pipeline and road access with an expiration date of April 27, 2051
  3. Predesignation No. 755, issued to Carbon County for roads which are valid existing rights for a perpetual term

Cultural Resource Covenant:

A cultural resource survey was conducted on this parcel.  No significant sites were identified.  This parcel will be sold without any cultural resource 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 Utah Geological Survey (UGS) has submitted the following comments:  “Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, 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

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

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