Page 4, THE GAZETTE-TIMES, Heppner. OR., Thursday. July 31. 1975
New
mm
Valley View Estates
i jN IMkfc d0k k
in
r
i
i i
II
By ERNEST V. JOINER
Five new homes are ready
for sale in the Valley View
Estates subdivision, accord
ing to Paul Shifter of the
Kinzua Corporation.
The homes, four three
bedroom and one two-bedroom
residences, range in
price from $27,000 to $37,435.
All are fully insulated floors,
walls and ceiling and sliding
glass doors are double-pa ned
for heat conservation in win
ter. They are air-conditioned'
and heated with electric
baseboard panels. All tiling is
ceramic. Ail have heat sen-
sors for safety. All have a
spectacular view of the city
and the hills beyond. All have
spacious two-car garages with
paved drheways.
Gene James, Cottage Grove
landscape architect, was at
the subdivision site last
Thursday.' More than 750
shrubs are being planted. The
grass is presenting a problem,
according to James. To be
planted is an erosion control
field grass which can be
mowed once a month, and
which will not present the fire
hazard that natural grass
would present in dry months.
James said that Eastern
Oregon is the most difficult
area in Oregon to landscape.
The mortality rate for plants
and shrubs is very high, more
so than in Northern British
Columbia, he said.
Paving of the subdivision
was nearing completion last
week, with all regular 20- and
28-foot streets already paved,
curbed and guttered. AH
access roads are completed.
All utilities, including tele
vision cable, are underground.
Dick Chambers, contractor,
R A. Chambers & Associates,
Eugene, said construction be- -gan
on the subdivision in July
1974. To date a total of $281,875
has been spent on the project.
The cost of blasting alone
exceeded $30,000!
When homes have been
completed on the remaining 15
unsold lots the Morrow County
tax roll will be enriched with a
valuation of about $1.5 million.
The Evergreen Terrace 20
unit apartment complex was
built to meet the general
housing needs of the com
munity and completed at a
cost of $450,000. It went on the
county tax roll Jan. 1 at
$349,850.
waiting list established,
according to Allen Nistad.
Assistant secretary and gen-.
... j
r . -. -y- '-; v " . . -
r-a- V"" V .'' A " "
LMfL.- - j J I .... :
Til; - , l-v": T . pTf' l-
f ! rw - . - - v
I f ,i T ' j
MR. AND MRS. ALLEN NISTAD pictured in the spacious
living room of their new home in Valley View Estates. They
are standing before a 14-foot mantel beam that dates back to
1850. Wide decks (entrances at left and right) run the full
length of two skies of the house to provide ample outdoor
living space.
' ! t-, -;
I )
i
irn
'L,
VIEW OF a- modern kitchen in one
completed in Valley View Estates.
of the five homes
.ft
i 1 1
ONE OF THE three Evergreen Terract apartment unit.
era! manager of Kinzua Cor
poration, who built the com
plex. Rents in the apartments are
based on tenants' income, and
range from $135 to $235 per
month.
Probably one of the most
attractive features of the
individual homes is the finan
cing arrangements. At a time
when mortgage lenders are
requiring as much as 25 and 30
per cent down payment on a
dwelling, these can be bought
for as little as S per cent down.
Valley View Estates homes
are approved for all conven
tional financing (FHA, GI and
private banking institutions)
at interest rates lower than
charged in most areas of the
country.
"Tor example, both local
banks will provide 85 per cent
financing for one of these
homes to any qualified buyer,
and at an interest rate from 3
to 5 per cent under established
rates elsewhere. An Oregon
GI loan requires only a 5 per
cent down payment with a
mortgage interest rate on the
balance of 5.9 per cent.
"One advantage in owning
one of these homes," Shiffer
said, "is that a buyer can pick
up a S per cent income tax
deduction if purchased before
Dec. 31. 1975." (On the $27,000
home available this would
amount to an income tax
reduction of $1,350.)
"All homes are built to
Farmers Home Administra
tion specifications and meet
all building codes, all require
ments for all lending agencies,
and have been approved by all
state agencies involved, in
cluding the Department of
Environmental Quality and
Oregon State Department of
Health," Shiffer said.
He pointed out that the
homes are automatically cov
ered by a one-year guarantee
against improper workman
ship, and qualify for a 10 year
warranty.
The subdivision boasts two
spectacular homes. One is
nearing completion for Hepp
ner attorney Herman Winter.
The custom built home has a
full-length porch and patio at
the back, overlooking the
town, which adjoins a large
swimming pool.
The other is the home of the
Allen Nistads. Like the Winter
home when completed, it is a
candidate for inclusion In
Better Homes and Gardens. It
is a culmination of "dreams of
all the years" for the Nistads.
It is of wood larch construc
tion, rough outside and highly
finished inside, from Kinzua s
own mills. The furniture is
custom-built of seasoned oak.
The huge kitchen has an
"island" which contains micro-wave
and conventional
built-in ovens, stainless sinks
and abounding in Franciscan
tile. The kitchen, as does the
living room and two-sided
deck area provides a com
manding lWHiegree view of
the city. "It's like Christmas
every night," Nistad said,
referring to the sight of
twinkling lights at night over
the town below.
Nearly every appliance
(and there are many) are
faced with larch wood to
match the interior walls. Even
the fireplace chimney on the
outside is faced with matching
larchwood.
The center of attraction is
the 14 fool mantel encompas-'
sing the fireplace in the 10 foot
high beamed living room
area. Across the top is a huge
weathered wooden beam ex
tending the entire length. It is
hand hewn, dating back to
1850 when it was part of the
construction of the first barn
ever erected on the Prairie
Ranch, not far from Spray.
The original square nails and
old fashion bolts are still in the
beam, as are the original axe
marks. The facing of the
fireplace underneath the
beam is of gray slate. .
Whoever buys the homes In
Valley View Estates are
assured of living in what the
realtors call a "good neigh
borhood." Each deed includes
protective and restrictive
covenants which insures the
purchaser that all property in
the subdivision will be proper
ly maintained, fences regulat
ed, and livestock, trailer and
outbuildings restricted. An
added attraction is the nearby
pioneer Memorial Hospital
nd the new lleppner Medical
Clinic, on of the most
attractive, well -equipped and
well-staffed In the state for
any city twice the size of
lleppner. Too, the homes art
above the flood plain.
Nistad said the Valley View
project has opened an entire
new area for residential
development. Plana are al
ready developing for the
opening .p of eight other
resident iJ building sites ad
joining the subdivision on the
northeast. This could provide
additional quality housing as
the need increases.
Shiffer said all water,
plumbing and electrical prob
lems in the project have been
corrected and have been
approved by i the proper in
spectors. "Wl have 30 pounds
of water pressure at any point
in Valley View Estates," he
added.
Both the Evergreen Terrace
apartments and Valley View
Estates came Into being when
the Kinzua Corporation need
ed housing lor 'its employees
and private Interests In the
city were unable to supply it.
Let's see how It has paid off:
Four years ago the Kinzua
Corporation had 58 employ
ees. Today there are 360 em
ployees and a $3 million a
year increase in payroll.
I . " '
,.,., . '"I '
;. .... i mi i. . ......
. - I ! 'Mil
I , . .. . n
i , . t
i . ... .
b f I . , I l - rf . mm- , i i
I a
$ I .r?: -WWf ' - :BPPx w k 1 .'wpBW".. v-
1 1141! I
t1
r
" '4
BALVNV. VIEW froin all' Yah)' View Estates homes
proviik-s commanding virw of llf',y
J
i
New homes in
Va ev :Vi6iv Estates
M
now ready for inspection and sale
m H
' '
! !. : , '. '
, . " f:-t ... : ' i
i ' '
it!' ' i '
2- and 3- bedroom homes
Priced from $27,000 to $37135
Air conditioned; fully insulated,
electric heat; double -paned glass;
electric kitchens; ceramic tile baths
FHA, GI and bank financing available
for as little as 5 per cent down
Meets all building, plumbing,' .,
electrical codes ,'.".'
Spectacular view of the city ,';,
t.M
SHOWN BY APPOINTMENT ONLY
Call the Personnel Department at Kinzua
Corporation, 676-9183
I'
'tin I
IN'
Or Inquire at tho 1st National Bank
or Bank of Eastern Oregon.