Yellow Creek Parcels (C-26785-A and C-26785-B)

Yellow Creek Parcels (C-26785-A and C-26785-B)

Auction Date:
October 24 2018
Minimum Bid:
Minimum Acceptable Price for Parcel A is Disclosed at $360,000
Parcel A Sold for $421,000
Minimum Acceptable Price for Parcel B is Disclosed at $350,000
Parcel B Sold for $353,000
County:
Garfield County
Acres:
Parcel A = 240.00 acres, more or less; Parcel B = 279.15 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 bidders at the auction.  Each parcel will be assessed the following costs:

Appraisal Costs: $950.00
Cultural Resources Survey: $3,342.00
Legal Advertising Cost: $250.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS (each parcel): $5,292.00

Legal Description:

Parcel A
Township 37 South, Range 3 West, SLB&M
Section 36:  NW¼, N½SW¼
240.00 Acres, More or Less

Parcel B
Township 37 South, Range 3 West, SLB&M
Section 36:  NE¼, N½SE¼, SE¼SE¼ (Less Metes & Bounds)
279.15 Acres, More or Less

Video:

Location:

These properties are located approximately one mile south of the town of Cannonville in Garfield County.

Access:

The parcels have access from two existing county roads.

Other:

These parcels are just south of the community of Cannonville near the old town of Georgetown. They are accessed from a county gravel/dirt road which leaves the paved Georgetown/Yellow Creek county road. The Grand Staircase Escalante National Monument is on the West and North with beautiful views of the pink ledges of Bryce Canyon to the north. It is very scenic area with great outdoor recreational opportunities. There is a small perennial stream which crosses a portion of the property. These parcels offer seclusion and privacy in a very scenic part of the state.

Acreage:

Parcel A = 240.00 acres, more or less
Parcel B = 279.15 acres, more or less

Water:

Water Right No. 89-941 will be conveyed to the purchaser of Parcel A.

Utilities:

None

Zoning:

Multiple Use (40 Acre Minimum to Build)

Financing:

Financing will be offered for these parcels.  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. Predesignation No. 751, issued to Garfield County for roads which qualify as valid existing rights
  2. Grazing Permit No. 20412-09, issued to J. Robert Ott (this permit will be canceled upon sale of the properties)

 

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. The properties will be conveyed subject to all valid existing rights.
  3. A cultural resource survey was conducted on the subject parcels.  Parcel A will not have any cultural reservations.  There will be a cultural reservation for Parcel B.
  4. All minerals, including the sand and gravel are reserved to Trust Lands Administration.
  5. The following comment was received from the Utah Geological Survey (UGS):  “Potential geologic hazards in the region that could affect the site include flash flooding/debris flow, problem soils including shrink/swell and/or rockfall, shallow groundwater and/or bedrock, and moderate to high 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.”
  6. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

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

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

more info

Please click on photos for an enlarged view.

 

Yellow Creek 444 890x350

Yellow Creek 445 890x350

Yellow Creek 450 890x350

Yellow Creek 452 890x350

Yellow Creek 443 890x350

 

 

 

 

 

 

 

 

 

maps