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Oregon Land, 2.22 Acres, Lots of Large Trees, View, Nice Homes on Street, Power One Lot Away (KFFE B36 L26 Unit 2)
Current bid: $700.00
Current bid: $700.00
There are no bids yet. Be the first!
The price of the property is $16,400. We will close the auction with a $1,000 bid.
This 2.22 acre parcel is located just outside the town of Bonanza, Oregon. The lot is level at the road and the has a gentle slope toward the back of the property, providing some nice views! There are a couple of nice homes on the same street as this parcel and there is power at the road one lot away. This development is one of the nicest in the area and this lot will appreciate fast. The pictures show the many large Ponderosa Pines along with openings where you could put a nice home. Ritter Lake is a seasonal Lake and close to the lot (see map). This lot is priced lower than the comps and will go fast. Don’t miss out on this very nice opportunity.
Camping is allowed and a septic tank is required by the county for full time living. You have a one year option to switch the equity to any other lot if you are not 100% happy when you view the land. Any questions call 510-846-4349.
Loan Balance $16,400
Financing up to 20 years
Interest Rate 12.00% simple interest on the unpaid balance.
There is no prepayment penalty.
There is a 5 percent discount given on remaining balance when paid in full during the first year.
For alternative terms, please inquire.
It is your responsibility to determine if this property is suitable for your specific needs!
Be certain that you have no unanswered questions before you place your bid.
The winning bidder will be sent an email immediately after the end of the auction.
The winning bidder must make the initial payment and contact the seller within 24 hours after the end of the auction.
A non refundable documents processing cost of $250 on each auction will apply, and covers the cost of paperwork preparation and mailings.
You may participate in only one of our property auctions at a time.