Yuba Lake (PS 8550)

Closing Costs:

These costs cannot be financed and are in addition to the 25% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $2,400.00
Cultural Resources Survey: $5,000.00
Legal Advertising Cost: $   200.00
Sale Processing Charge: $   500.00
Application Fee: $   250.00
TOTAL CLOSING COSTS: $8,350.00

Legal Description:

Township 17 South, Range 2 West, SLB&M

Section 1:  SW¼NW¼

Location:

This parcel is located in Juab County by Yuba Reservoir.  It is bordered primarily by private land, and public lands on the southwest corner.

Access:

There is access to the subject property from the Old Yuba Dam Road, a paved Juab County road, which bisects the subject property.

Acreage:

40.00 acres, more or less

Water:

There are no water rights associated with this property.

Utilities:

None.  There is an electric power line that leads to an adjoining property.  Prospective purchasers should consult with the electric power utility company regarding capacity of the existing power line and availability of power to the site, and the costs to extend power to the subject property.  Any potential power line extension will likely require an easement from the affected private landowner(s).

Zoning:

Contact Juab County Planning Department, 160 N. Main, Nephi, UT 84648 for zoning information.

Financing:

Financing will be offered for this parcel.  A down payment of 25% 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 a 20 year term.


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