Soldier Creek Road (C-26907)
SOLD
Parcel Details
Agency Fees (Closing Costs)
| Agency Fee | Amount |
|---|---|
| Appraisal Cost | $2,000.00 |
| Cultural Resources Survey Cost | $12,410.04 |
| 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 along Soldier Creek Road, approximately 8 miles northeast of Wellington in Carbon County.
Access:
Access to and through the parcel is via Soldier Creek Road.
Additional Information
The property consists of two plateaus with a draw running north to south between them. Private lands border the parcel to the north and east, and BLM lands border the parcel to the west and the south.
Images
Video
Water Rights and Utilities
Water Rights:
None
Utilities:
None
Zoning
M&G (Mining & Grazing)
Encumbrances
Mineral Leases:
Mineral Lease No. 52479, issued to WEM Dragon, LLC for oil, gas, and hydrocarbon mining with an expiration dated based on production
Surface Leases:
1. Grazing Permit No. 20230-09, issued to Pine Canyon Ranch LLC (this land will be deleted from the grazing permit upon completion of the sale)
2. Easement No. 2429, issued to Pine Canyon Ranch, LLC for a pipeline and road access with an expiration date of April 27, 2051
3. Predesignation No. 755, issued to Carbon County for roads which are valid existing rights for a perpetual term
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified. This parcel 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 Utah Geological Survey (UGS) has submitted the following comments: “Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, landslide-prone geologic units, problem soils and/or rock including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. Prospective users should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at its 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
Scott Bartlett
Resource Specialist
Email
scottbartlett@utah.gov
(801) 538-5166
EnergyNet Point of Contact
Utah Broker
RE License Number: 10851533-CN00; 5469640-PB00
www.bateslandco.com
Bid History (All)
Bidder
Placed
Amount
Bidder #374
6/15/2021 3:50:53 PM
$164,000
Bidder #23
6/15/2021 3:59:27 PM
$163,000
Bidder #374
6/15/2021 3:50:53 PM
$162,000
Bidder #23
6/15/2021 3:58:13 PM
$161,000
Bidder #374
6/15/2021 3:50:53 PM
$155,000
Bidder #23
6/15/2021 3:54:38 PM
$154,000
Bidder #374
6/15/2021 3:42:11 PM
$153,000
Bidder #23
6/15/2021 3:44:22 PM
$152,000
Bidder #374
6/15/2021 3:09:06 PM
$151,000
Bidder #23
6/14/2021 12:45:48 PM
$150,000
Bidder #374
6/14/2021 11:24 AM
$140,000
Bidder #23
6/9/2021 6:02:19 PM
$135,000
Bidder #374
6/14/2021 11:20:23 AM
$130,000
Bidder #23
6/9/2021 6:02:19 PM
$126,000
Bidder #374
6/14/2021 11:14:46 AM
$125,000
Bidder #23
6/9/2021 6:02:19 PM
$124,000
Bidder #374
6/14/2021 11:13:36 AM
$123,000
Bidder #23
6/9/2021 6:02:19 PM
$122,000
Bidder #374
6/14/2021 11:12:45 AM
$121,000
Bidder #23
6/9/2021 6:02:19 PM
$120,000