Server Time (CDT): Jul. 18, 5:51:28a

Cedar Mountain - Parcel A (C-27059-A)

Duchesne County, UT
Utah SITLA - Land Sale Auction, November 15, 2022

SOLD

Registration Status:

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Your Bid Status:

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Parcel:

Cedar Mountain - Parcel A (C-27059-A)

Acres:

47.50

Time Remaining:

Auction has ended

Start Time:

11/9/2022 9:00 AM MST / 10:00 AM CST

End Time:

11/15/2022 10:00 AM MST / 11:00 AM CST

Your Bid:

-

Highest Bid:

$50,250

Starting Bid:

$38,750

Bid Increment:

$500

Total Cost at Highest Bid:

$52,580
(Bid Price + Agency Fees)

Legal Description:

Parcel Details

Parcel

Cedar Mountain - Parcel A (C-27059-A)

County, State

Duchesne, UT

Legal Description

T4S, R8W, UBM
Section 1:  NW¼SE¼, W½SW¼NE¼SE¼, NW¼NW¼NE¼SE¼

Acreage

47.50

Application Fee

$250.00

Comments

Acreage listed is approximate; 47.5 Acres, More or Less

Agency Fees (Closing Costs)

Agency Fee Amount
Appraisal Cost $960.00
Cultural Resources Survey Cost $420.00
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 property is located in west central Duchesne County, about 6.5 miles southwest of Fruitland and about 17 miles west of Duchesne. Duchesne County is about 100 miles west of Salt Lake City, Utah.

Access:
From the US 40 and Highway 208 junction, the parcel is located about 2.5 miles south. Roads leading to the parcel are well-maintained.

Additional Information

The terrain of the property ranges from flat to very steep. The vegetation is cedar trees, junipers, sage, and native grasses. Two other adjacent SITLA properties will also be sold at this same auction.

Water Rights and Utilities

Water Rights:
No water rights are included as part of the sale of this parcel.

Utilities:
There are no utilities to the site. Power is located 1 to 2 miles to the north.

Images

Video

Zoning

A-10 (Agricultural)

Encumbrances

Mineral Leases:
1. Mineral Lease No. 53591, issued to Bro Energy, LLC with a primary term expiration date of February 28, 2023 (actual expiration date will be based upon production)

Surface Leases:
1. Easement No. 2568 will be issued to Duchesne County to provide access on existing roads for a perpetual term

Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant historical or cultural sites were identified. The property will be sold without any historical or cultural reservations.

Disclosures

  1. Please see the disclosure summary and the certificate of sale template document posted on this page for general disclosures which apply to all parcels being offered for sale at this auction.
  2. All mineral rights will be reserved.
  3. The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
  4. The Utah Geological Survey has commented: "Potential geologic hazards in the area that could affect the parcel include flash flooding/debris flow, problem soils and/or bedrock including shrink/swell and/or collapsible, shallow bedrock, landslide-prone geologic units, and indoor radon potential. Prospective buyers 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 our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm
  5. The property will be conveyed subject to all valid existing rights.

Financing

Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. 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.

Utah SITLA Points of Contact

Diane Lund
Resource Specialist (Sales Coordinator)

Email dlund@utah.gov

(877) 526-3725 or (801) 538-5163

Tyson Todd
Resource Specialist

Email ttodd@utah.gov

(435) 781-5304

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 November 30, 2022 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.

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Utah Broker

Utah Broker of record is Bates Land Consortium

RE License Number: 10851533-CN00: 6346513-AB00



www.bateslandco.com

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #112

11/15/2022 10:59:30 AM

$50,250

Bidder #130

11/15/2022 10:58:46 AM

$49,750

Bidder #112

11/14/2022 12:38:36 PM

$48,750

Bidder #130

11/15/2022 10:57:25 AM

$39,250

Bidder #112

11/14/2022 12:19:20 PM

$38,750