Willow Creek (C-26845)

Willow Creek (C-26845)

Auction Date:
November 6 2019
Minimum Bid:
Minimum Acceptable Price is Disclosed at $150,000.00 SOLD FOR $150,000.00
County:
Sevier County
Acres:
188.90 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: $2,000.00
Cultural Resources Survey: $9,943.16
Legal Advertising Cost: $225.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $12,918.16

Beneficiary:

School of Mines

Legal Description:

Township 23 South, Range 2 West, SLB&M
Section 7: E½SW¼, SE¼ [Less 51.10 acres conveyed for I-70]

Location:

The parcel is located 5 miles north of Richfield.

Access:

Willow Creek has great access from a Class B county road entering the parcel.  There is a smaller Class D county road that also accesses the property.

Other:

This parcel is bisected by I-70.  It contains a flood plain area where Willow Creek drains onto the alluvial fan.  The Richfield City shooting range is adjacent to this parcel.  One of the easements through this property is for an irrigation pipeline.

Acreage:

188.90 Acres, More or Less

Water:

There is currently no culinary drinking water on the property.  No water rights are available from SITLA for this property.

Utilities:

Although there are large overhead power lines bisecting the property, the closest electrical utility is approximately 0.5 mile from the property.

Zoning:

Zoning on this parcel is agriculture.

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. 923, for a buried irrigation water line, issued to Willowwood Turf, LLC, for a perpetual term
  2. Easement No. 1408, for Class B roads, issued to Sevier County, for a perpetual term
  3. Easement No. 1696, for a power line, issued to PacifiCorp dba Rocky Mountain Power, with an expiration date of July 31, 2042
  4. Easement No. 1861, for Class D roads, issued to Sevier County, for a perpetual term
  5. Grazing Permit No. 20277-09, for a grazing permit, issued to Black Knolls Sheep & Cattle, LLC, with an expiration date of June 30, 2024 (this permit will be canceled upon sale of the property)
  6. Right of Way No. 757, for a power line, issued to PacifiCorp dba Rocky Mountain Power, for a perpetual term
  7. Right of Way No. 3142, for drainage and irrigation facilities, issued to Utah Department of Transportation, for a perpetual term

Cultural Resource Covenant:

A cultural resource survey was conducted on the subject property.  No significant sites were identified.  The property will be sold without any historic reservations.

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. 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

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