Highway 91 (C-26877)
SOLD
Parcel Details
Agency Fees (Closing Costs)
| Agency Fee | Amount |
|---|---|
| Appraisal Cost | $0.00 |
| Cultural Resources Survey Cost | $0.00 |
| Land Survey Cost | $1,200.00 |
| Legal Advertising Cost | $200.00 |
| Sale Processing Charge | $500.00 |
| Application Fee | $250.00 |
Beneficiary Notice
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Location and Access
Location:
The parcel is located approximately 1 mile north of Cedar City, along Highway 91.
Access:
Access is from Highway 91, which runs along the southeastern edge of the property.
Additional Information
This remnant parcel is divided by Old Highway 91 and is currently open vacant land.
Images
Water Rights and Utilities
Water Rights:
None
Utilities:
Utilities are adjacent to the property.
Zoning
C-C (Community Commercial)
Encumbrances
Mineral Leases:
None
Surface Leases:
Right of Way No. 184, issued to Utah Department of Transportation (UDOT) for Highway 91 for a perpetual term
Right of Way No. 2982, issued to Enoch City Corporation for a culinary water line for a perpetual term
Grazing Permit No. 23030-12, issued to the Adams Brothers (this acreage will be deleted from the permit upon sale of the property)
Range Improvement Project No. 791, issued to the Adams Brothers (this acreage will be deleted from the permit upon sale of the property)
Cultural Resource Covenant:
A cultural resource survey was conducted on this property. No significant sites were located. The property will be sold without any cultural resource reservations.
Disclosures
Please see the Aquisition Agreements section of this page for transaction template documents and for general disclosures.
All mineral rights, including the sand and gravel rights will be reserved.
The property will be conveyed subject to all valid existing rights.
The following comments was received from the Utah Geological Survey (UGS): "Potential geologic hazards in the area that could affect the parcel include flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, earthquake hazards associated with the Hurricane fault, and indoor radon potential. Potential hazards should be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm."
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 for up to a 20 year term.
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
For the successful bidder, a deposit of at least 10% of the sale price, closing costs, and interest through June 30, 2021 is due within one business day from the completion of the auction and is payable to SITLA. Full remittance instructions will be included with the invoice. The remaining balance due will be financed through SITLA at a variable rate of prime plus 2.5% or 7.5%, whichever is greater.
Utah SITLA Points of Contact
Diane Lund
Sales Coordinator
Email
dlund@utah.gov
(877) 526-3725 or (801) 538-5163
Ron Torgerson
Resource Specialist
Email
rgtorgerson@utah.gov
(435) 893-2980
EnergyNet Point of Contact
Utah Broker
RE License Number: 10851533-CN00; 5469640-PB00
www.bateslandco.com
Bid History (All)
Bidder
Placed
Amount
Bidder #178
6/15/2021 3:29:51 PM
$55,000
Bidder #768
6/15/2021 3:29:58 PM
$54,500
Bidder #178
6/15/2021 3:29:51 PM
$54,000
Bidder #76
6/15/2021 3:29:37 PM
$53,500
Bidder #768
6/15/2021 3:20:36 PM
$53,000
Bidder #178
6/15/2021 3:19:06 PM
$52,500
Bidder #768
6/15/2021 12:06:25 PM
$52,000
Bidder #76
6/15/2021 9:48 AM
$51,500
Bidder #768
6/14/2021 9:24:18 PM
$51,000
Bidder #76
6/14/2021 11:30:36 AM
$50,500
Bidder #768
6/14/2021 9:16:36 PM
$49,000
Bidder #76
6/14/2021 11:30:36 AM
$48,500
Bidder #768
6/14/2021 9:16:17 PM
$48,000
Bidder #76
6/14/2021 11:30:36 AM
$47,500
Bidder #768
6/14/2021 9:13:06 PM
$47,000
Bidder #76
6/14/2021 11:30:36 AM
$45,500
Bidder #768
6/14/2021 9:10:18 PM
$45,000
Bidder #76
6/14/2021 11:30:36 AM
$44,000
Bidder #768
6/14/2021 9:09:45 PM
$43,500
Bidder #76
6/14/2021 11:30:36 AM
$43,000
Bidder #768
6/14/2021 9:09:19 PM
$42,500
Bidder #76
6/14/2021 11:30:36 AM
$42,000
Bidder #178
6/12/2021 9:06:10 AM
$41,500