63
OR FAX FORM ON PAGE 103 TO 503-242-1814
120
PUBLISHED RESERVE:
$99,500
LAST ASKING:
No Prior Sale
SIZE:
.26± Acre
ZONING:
RR 2 (Rural Residential)
PROPERTY INSPECTION:
At Any
Time
FINANCING:
Subject to Seller’s approval
of Purchaser’s credit: A 15% down payment
with the balance secured by a first deed of trust,
amortized over 25 years at 6 7/8 % interest, calling
for monthly payments of principal and interest;
all due and payable at the end of ten years.
DESCRIPTION:
This lot has 165± feet of McKenzie River frontage and is ready for a home or cabin to be
developed. It is located across from Auction Property #11. Lane County has approved all building requirements
including septic, building footprint and required river frontage setbacks. Submission of construction plans is
required in order to receive the building permit. The building footprint is 27 x 60 feet, but will require some
modification, according to Lane County.
Power is to the property and septic system would require a lateral bore under Highway 126, McKenzie River
Highway, to a shared drain field across the highway. Copies of the Lane County approvals are in the Supplemental
Information Package.
LOCATION:
49544 McKenzie Highway, Vida, Oregon. Lane County Map/Tax Lot #17-35-02-30-1500. Proceed
east on Highway 126, and just past mile post 35 the property is on the right.
SEALED BIDS DUE NO LATER THAN 5:00 P.M., MAY 21, 2014
.26± Acre McKenzie Riverfront Lot
Vida, Oregon
McKenzie River
Highway 126
N
#11
#120
Riverfront Lot
165± feet of McKenzie River frontage
