SOLD
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Your Bid Status:
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Parcel:
Scofield - Parcel 4Q
(C-26864)
Acres:
19.99
Time Remaining:
Auction has ended
Start Time:
11/12/2020 9:40 AM MST / 10:40 AM CST
End Time:
11/18/2020 2:40 PM MST / 3:40 PM CST
Your Bid:
-
Highest Bid:
$67,500
Starting Bid:
$51,500
Bid Increment:
$500
Total Cost at Highest Bid:
$70,050
(Bid Price + Agency Fees)
Legal Description:
T. 11 S., R.7 E., SLB&M
Section 15: NE4NW4 (Within)
Parcel Details
Parcel
Scofield - Parcel 4Q
(C-26864)
County, State
Utah, UT
Legal Description
T. 11 S., R.7 E., SLB&M
Section 15: NE4NW4 (Within)
Acreage
19.99
Appraisal Costs
$1,100.00
Cultural Resources Survey Cost
$500.00
Legal Advertising Cost
$200.00
Sale Processing Charge
$500.00
Application Fee
$250.00
Comments
Acreage listed is approximate; 19.99 Acres, More or Less
Agency Fees
Agency Fee | Amount |
---|---|
Appraisal Cost | $1,100.00 |
Cultural Resources Survey Cost | $500.00 |
Legal Advertising Cost | $200.00 |
Sale Processing Charge | $500.00 |
Application Fee | $250.00 |
Beneficiary Notice
All net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Images
Video
Location and Access
The parcel is located in the Dry Valley area which is located approximately 3.5 miles from Scofield Reservoir.
Access to the property is along dirt roads, beginning at approximately MP 17.7 of Highway 96.
Additional Information
This parcel would make a great private camping location or a location for an RV pad. The parcel is relatively flat on the north end with a rock formation on the south end that includes some steep terrain and some vegetation.
Water Rights and Utilities
Water Rights: None
Utilities: None
Zoning
This parcel is zoned Mining and Grazing which has a minimum lot size of 50 acres required for a single family dwelling.
Encumbrances
Mineral Leases: None
Surface Leases: None
Cultural Resource Covenant: A cultural resource survey was completed for this parcel. No significant sites were identified. The parcel will be sold without any cultural resource survey reservations.
Disclosures
Please see the disclosure summary and the certificate of sale template document posted at the bottom of this page for general disclosures which apply to all parcels being offered for sale at this auction.
All mineral rights, including the sand and gravel rights will be reserved.
The following comments were received from the Utah Geological Survey (UGS): Potential geologic hazards in the area that could affect the property include flash flooding/debris flow, problem soils 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.
The property will be conveyed subject to all valid existing rights.
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 may be financed at a variable rate of prime plus 2.5% 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, plus closing costs, and interest through November 30, 2020 is due within one business day from the completion of the auction and is payable to EnergyNet. The remaining balance due may be financed through SITLA at a variable rate of Prime + 2.5%.
Utah SITLA Points of Contact
Diane Lund Sales Coordinator
Email dlund@utah.gov
Phone (877) 526-3725 or (801) 538-5163
Ben Stireman Resource Specialist
Email benstireman@utah.gov
Phone (801) 538-5164
EnergyNet Point of Contact
Utah Broker
Bid History (All)
Bidder
Placed
Amount
Bidder #6
11/18/2020 3:38:15 PM
$67,500
Bidder #4
11/18/2020 3:27:56 PM
$67,000
Bidder #27
11/18/2020 2:39:10 PM
$66,500
Bidder #4
11/18/2020 2:36:34 PM
$66,000
Bidder #27
11/18/2020 2:27:17 PM
$65,500
Bidder #5
11/18/2020 1:23:46 PM
$65,000
Bidder #27
11/18/2020 2:18:08 PM
$64,000
Bidder #5
11/18/2020 1:23:46 PM
$63,500
Bidder #27
11/18/2020 2:17:20 PM
$63,000
Bidder #5
11/18/2020 1:23:46 PM
$62,500
Bidder #9
11/17/2020 7:54:26 PM
$62,000
Bidder #4
11/17/2020 5:31:25 PM
$57,500
Bidder #6
11/17/2020 1:40:53 PM
$55,500
Bidder #4
11/12/2020 10:41:40 AM
$52,500
Bidder #9
11/17/2020 10:56:44 AM
$52,000
Bidder #4
11/12/2020 10:41:40 AM
$51,500