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PUBLISHED RESERVE:
$175,000 / $25,000 per Lot
LANE COUNTY 2011-2012 RMV:
$641,727 / $91,675 per lot
ZONING:
R1 (Low Density Residential)
PROPERTY INSPECTION:
At Any Time
FINANCING:
Subject to Seller’s approval of Purchaser’s credit: A 25% down payment with the balance secured by a first
deed of trust, amortized over 25 years at 6% interest, calling for monthly payments of principal and interest; all due and
payable at the end of 5 years.
DESCRIPTION:
This is a bulk offering of seven subdivision homesites within the 29-lot Aerie Park Subdivision, a planned
unit development located in the south hills of Eugene. The homesites can be purchased in bulk, in one of four homesite
packages, or as individual subdivision lots, with the sale subject to bids in the aggregate to equal, or exceed, the bulk reserve
price of $175,000. The fully improved subdivision contains homesites ranging from 1/4 to 1/2 acre lots. There are 6± acres of
common area and conservation zones. Some of the homesites have views. Three homes have been built, and the subdivision
is within the Eugene 4J School District.
The homesites are located along Basswood Way, Mountain Ash Avenue, Blue Spruce Lane and Hallmark Lane, and are being
offered in the following four packages, with Published Reserve Prices ranging from $29,500 to $58,500 per homesite.
Lot #
Tax Lot #
Size (± acre)
Reserve Price
Package A
1
600
.60
$37,000*
Package B
6/7
1100/1200
.32/.29
$50,000*
Package C
20/21/23
2500, 2600, 2800 .28/.25/.56
$58,500*
Package D
28
3300
.30
$29,500*
*The individual sale of Packages A, B, C and D is subject to total accepted bids in the aggregate to equal, or exceed, $175,000.
All lots are subject to CC&Rs and the by-laws of the Aerie Park PUDHomeowners Association. Homes must have a minimum
size of 2,400± square feet. (Please see Supplemental Information package for details.) Lot 1 has gentle topography. Lots 6/7
have steep slopes. Lots 20/21/23 have some slopes and Lot 28 is mostly flat.
LOCATION:
From W. 18th Avenue, take Hawkins Lane south to Hallmark Lane. Take a right on Hallmark Lane to Aerie
Park Place and continue to view the lots on Mountain Ash Avenue, Basswood Way, and Hallmark Lane. Tax Account #
1779816, 1779840, 1778857, 1779980, 1779998, 1780012, 1780061.
SEALED BIDS DUE NO LATER THAN 5:00 P.M., NOVEMBER 14, 2012
Aerie Park Subdivision Lots
Eugene, Oregon
117
University of Oregon
Mountain
Ash Blvd.
Lot 23
Lots 20/21
Lots 7/6
Lot 28
Lot 1
Aerie
Park
Place
Blue
Spruce
Drive