White River (C-26782)

White River (C-26782)

Auction Date:
October 24 2018
Minimum Bid:
Minimum Acceptable Price Will Not Be Disclosed
SOLD for $200,000
County:
Wasatch County
Acres:
153.91 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: $650.00
Legal Advertising Cost: $650.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $4,450.00

Beneficiary:

Public Schools

Legal Description:

Township 10 South, Range 8 East, SLB&M
Section 31:  E½E½ (less highway)

Location:

This parcel is located along Highway 6, approximately 2 miles southeast of Soldier Summit, Utah.

Access:

Highway 6 runs through the parcel.  No access points to the property have been developed.

Other:

This parcel is currently vacant range land. The parcel is adjoined by private property. A Union Pacific rail line runs parallel to Highway 6, and the White River bisects the parcel. Terrain is gently sloping and elevation ranges from approximately 7,300 to 7,400 feet.

Acreage:

153.91 Acres, More or Less

Water:

The Division of Water Rights has applied a Restricted ground-water policy to this region. A limited ground-water resource is available. The successful purchaser may apply for an appropriation with the Division of Water Rights.

Utilities:

There are no known utilities in the general area.

Zoning:

The parcel is zoned P-160, Preservation.

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:

  1. Easement No. 1858, issued to Utah Department of Transportation for Highway 6.
  2. Right of Way No. 59, issued to Utah Department of Transportation for Highway 6.
  3. Grazing Permit No. 21820-17, issued to JD Jackson – This property will be deleted from the grazing permit upon sale of the property.

Cultural Resource Covenant:

A cultural resource review was conducted on the subject property.  One significant site was identified.  The parcel will be sold subject to reservations for the site located.

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 Utah Geological Survey has commented: “Potential geologic hazards in the area that could affect the site include stream flooding, flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, 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 htts://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

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

more info

Photos Taken from Highway 6
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maps

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