Wales Parcel (C-26789)

Wales Parcel (C-26789)

Auction Date:
October 24 2018
Minimum Bid:
Minimum Acceptable Price is Disclosed at $17,000
SOLD for $17,000
County:
Sanpete County
Acres:
10.00 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: $2,400.00
Cultural Resources Survey: $500.00
Legal Advertising Cost: $500.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $4,150.00

Beneficiary:

Public Schools

Legal Description:

Township 15 South, Range 3 East, SLB&M
Section 30: Lot 12; Block 21; Plat A; Wales Townsite Entry

Video:

Location:

The parcel is located 1/2 mile east of the small town of Wales.  It is surrounded by private landowners.

Access:

A small road is located near the parcel, but public access to the parcel has not yet been developed.

Other:

The parcel contains rangeland vegetation with gentle terrain.

Acreage:

10.00 Acres, More or Less

Water:

No water rights are being transferred with this property.

Utilities:

There are no known utilities in the general area.

Zoning:

The subject property is zoned Agriculture – Sanpete County.  According to the Sanpete County zoning ordinance the purpose is as follows:  “Permitted uses include agriculture, auction yards, farming/ranching, schools, cemetery, etc.  The minimum lot area is five acres. Front setback is 66 feet, side setback is 10 feet and rear setback is 10 feet.  Maximum height is 2 stories. “

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.

Encumbrances

Mineral Leases:

None

Surface Leases:

None

Cultural Resource Covenant:

A cultural resource survey was conducted on the subject property.  No significant sites were identified.

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 property will be conveyed subject to all valid existing rights.
  4. The following comment was received from the Utah Geological Survey (UGS):  “Potential geologic hazards in the region that could affect the site include stream flooding, flash flooding/debris flow, earthquake-related hazards associated with the Gunnison fault, 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 http://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

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

more info

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