SOLD
Registration Status:
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Your Bid Status:
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Parcel:
Grantsville - Parcel E (C-26980)
Acres:
120.00
Time Remaining:
Auction has ended
Start Time:
11/9/2022 9:40 AM MST / 10:40 AM CST
End Time:
11/15/2022 10:40 AM MST / 11:40 AM CST
Your Bid:
-
Highest Bid:
$162,000
Starting Bid:
$130,000
Bid Increment:
$1,000
Total Cost at Highest Bid:
$165,086
(Bid Price + Agency Fees)
Legal Description:
T4S, R6W, SLB&M
Section 10: E½SW¼, SW¼SE¼
Parcel Details
Parcel
Grantsville - Parcel E (C-26980)
County, State
Tooele, UT
Legal Description
T4S, R6W, SLB&M
Section 10: E½SW¼, SW¼SE¼
Acreage
120.00
Application Fee
$250.00
Comments
Acreage listed is approximate; 120 Acres, More or Less
Agency Fees (Closing Costs)
Agency Fee | Amount |
---|---|
Appraisal Cost | $1,250.00 |
Cultural Resources Survey Cost | $886.00 |
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 in Tooele County - northwest of the town of Stockton, about 9 miles southwest of Grantsville, and about 1 mile west of Mormon Trail Road.
Access:
The property has no legal access.
Additional Information
Two properties in this same general area will be sold at this auction. The vegetation of this property is nearly all sage, rabbitbrush, and grasses. The area on the far west side of the parcel, near the drainage is moderately dense. The terrain is flat with rolling hills to moderately sloping. The elevation is approximately 5,300 to 6,000 feet.
Water Rights and Utilities
Water Rights:
No water rights will be conveyed with the sale of this property.
Utilities:
No utilities are located on the property.
Images
Zoning
MU-40 (Multiple Use Agricultural)
Encumbrances
Mineral Leases:
None
Surface Leases:
1. Grazing Permit No. 23332-B10, issued to Ed Roberts (when sold, these lands will be deleted from the grazing permit)
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
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
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
Utah Broker
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #591
11/15/2022 11:22:35 AM
$162,000
Bidder #48
11/9/2022 11:19:08 AM
$161,000
Bidder #591
11/15/2022 11:21:23 AM
$160,000
Bidder #48
11/9/2022 11:19:08 AM
$156,000
Bidder #591
11/15/2022 10:39:47 AM
$155,000
Bidder #48
11/9/2022 11:19:08 AM
$150,000
Bidder #807
11/14/2022 11:32:17 AM
$149,000
Bidder #48
11/9/2022 11:19:08 AM
$148,000
Bidder #807
11/14/2022 11:32:04 AM
$147,000
Bidder #48
11/9/2022 11:19:08 AM
$146,000