Christmas Valley

This is a $188,000.00 promissory note and first trust deed. The promissory note provides for monthly interest‐only payments of $1,880.00 with interest at 12% per annum due on the first day of each month, with the entire balance due in full July 1, 2013. The obligors have owned the property for many years. The property securing performance under the promissory note consists of a 2.81‐acre highway‐fronting commercial lot located at 87180 Christmas Valley Highway, Christmas Valley, Lake County, Oregon. There are two buildings, the most substantial of which is a former feed store. The buildings are currently unoccupied. There were some past environmental issues, which the owner now believes to be benign. The Lake County Tax Assessor values just the improvements on this parcel at $72,297.00. Across the highway and very near Christmas Valley Lake, there are also twelve undeveloped commercially-zoned lots, each a little under one‐half acre in size, and valued by the Lake County Tax Assessor in a range from about $8,900 to $10,500 each.

87180 Christmas Valley Highway, Christmas Valley, OR 97641

This is a $188,000.00 promissory note and first trust deed. The promissory note provides for monthly interest‐only payments of $1,880.00 with interest at 12% per annum due on the first day of each month, with the entire balance due in full July 1, 2013. The obligors have owned the property for many years. The property securing performance under the promissory note consists of a 2.81‐acre highway‐fronting commercial lot located at 87180 Christmas Valley Highway, Christmas Valley, Lake County, Oregon. There are two buildings, the most substantial of which is a former feed store. The buildings are currently unoccupied. There were some past environmental issues, which the owner now believes to be benign. The Lake County Tax Assessor values just the improvements on this parcel at $72,297.00. Across the highway and very near Christmas Valley Lake, there are also twelve undeveloped commercially-zoned lots, each a little under one‐half acre in size, and valued by the Lake County Tax Assessor in a range from about $8,900 to $10,500 each.
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TAX ASSESSOR INFORMATION	BUILDING PHOTOS
2.81-ACRE TAX ASSESSOR MAP	LOTS PHOTOS
LOTS TAX ASSESSOR MAP	AERIAL IMAGES
DEQ INFO DEQ PHOTOS	EQUIP PHOTOS (PDF)
EQUIPMENT LIST	EQUIP PHOTOS (ALBUM)
PHOTOS 11-2-2011
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