Server Time (CDT): Apr. 23, 5:19:11p

Sheep Creek
(C-26870)

Daggett County, UT
Utah SITLA - Land Sale Auction, November 18, 2020

SOLD

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

Sheep Creek
(C-26870)

Acres:

320.00

Time Remaining:

Auction has ended

Start Time:

11/12/2020 9:50 AM MST / 10:50 AM CST

End Time:

11/18/2020 2:50 PM MST / 3:50 PM CST

Your Bid:

-

Highest Bid:

$652,000

Starting Bid:

$420,000

Bid Increment:

$2,000

Total Cost at Highest Bid:

$658,217
(Bid Price + Agency Fees)

Legal Description:

Parcel Details

Parcel

Sheep Creek
(C-26870)

County, State

Daggett, UT

Legal Description

T. 2 N., R.19 E., SLB&M
Section 2: S½

Acreage

320.00

Appraisal Costs

$2,400.00

Cultural Resources Survey Cost

$1,517.00

Range Improvement Project Reimbursement

$1,000.00

Legal Advertising Cost

$550.00

Sale Processing Charge

$500.00

Application Fee

$250.00

Comments

Acreage listed is approximate; 320.00 Acres, More or Less

Agency Fees

Agency Fee Amount
Appraisal Cost $2,400.00
Cultural Resources Survey Cost $1,517.00
Range Improvement Project Reimbursement $1,000.00
Legal Advertising Cost $550.00
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.

Video

Location and Access

The parcel is located 4 miles south of Manila, adjacent to the Flaming Gorge National Recreation Area and the Ashley National Forest.

Access to and through the parcel is via Sheep Creek Geological Loop (ROW 833).

Additional Information

Sheep Creek runs northwest-southeast through the parcel. The creek bottom is moderately sloping, and the remainder of the parcel rises sharply to the northeast and the southwest. Private and trust lands border the parcel to the north, with the Ashley National Forest to the south and west and the Flaming Gorge National Recreation Area to the east.

Water Rights and Utilities

Water Rights: Water Right No. 41-2376, for stockwatering directly on Sheep Creek during the summer months, will be included with the property. Per the Utah Division of Water Rights, there is a limited ground-water resource available. Appropriations from isolated springs and underground water are generally limited to sufficient acre-foot amounts to serve the domestic needs of one family, irrigation of 1.0 acres, and a reasonable amount of livestock. Water is available for larger projects on a temporary or fixed-time basis, which are generally limited to five years. Interested parties should contact the Division of Water Rights for more information regarding the availability of water rights on this property.

Utilities: None

Zoning

A-20, Agricultural District, 20 acre minimum lot size

Encumbrances

Mineral Leases: None

Surface Leases:
1. Easement No. 2350, issued to Daggett County, for temporary road construction, with an expiration date of December 31, 2025
2. Right of Way No. 833, issued to Daggett County for Sheep Creek Road for a perpetual term
3. Grazing Permit No. 22151-08, issued to Brian L. Forbes Living Trust (this permit will be cancelled when the property is sold)
4. Range Improvement Project No. 783, for tree thinning, issued to Sheep Creek Tree Clearing (this agreement will be cancelled when the property is sold, upon reimbursement for the improvements through the sale closing costs)

Cultural Resource Covenant: A cultural resource survey was conducted on the subject property. One significant site was identified. The property will be sold with reservations for the site which was identified.

Disclosures

  1. 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.

  2. Utah Geological Survey has submitted the following comment regarding this property: Potential geologic hazards in the area that could affect the parcel include stream flooding, flash flooding/debris flow, landslides, problem soils/bedrock including shrink/swell and/or collapsible, shallow bedrock and/or groundwater, and indoor radon potential. Geologic hazards are best addressed early in the planning process prior to development and construction. The Utah Geological Survey has general geologic hazard information available at our offices and online at htttp://geology.utah.gov/utahgeo/hazards/index.htm.

  3. All mineral rights, including the sand and gravel rights will be reserved.

  4. 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

Scott Bartlett Resource Specialist

Email scottbartlett@utah.gov

Phone (801) 538-5166

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; 5469640-PB00



www.bateslandco.com

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #25

11/18/2020 3:09:10 PM

$652,000

Bidder #3

11/12/2020 3:19:44 PM

$650,000

Bidder #25

11/18/2020 3:05:46 PM

$634,000

Bidder #3

11/12/2020 3:19:44 PM

$622,000

Bidder #25

11/18/2020 2:59:52 PM

$620,000

Bidder #3

11/12/2020 3:19:44 PM

$608,000

Bidder #25

11/18/2020 2:59:11 PM

$606,000

Bidder #3

11/12/2020 3:19:44 PM

$604,000

Bidder #2

11/18/2020 12:12:44 PM

$602,000

Bidder #3

11/12/2020 3:19:44 PM

$600,000


View 86 earlier bids...