NOT LISTED FOR SALE

262 S Cedar St Sisters, OR 97759

9 Beds
7.5 Baths
8,034 Sq Ft
0.33 Acres

Last Sold May 03, 2018

Last sale price $1,345,000 $167 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Sisters Elementary School Rated A-
  • Northwest Architecture
  • 3-minute walk to Creekside City Park

About This Home

As of May 2018

Unique Investment Opportunity minutes from Bend in the prominent Down Town of Sisters, Oregon. Each mixed use property invites numerous possibilities with 1869+sqft of Residential space, 3 bed 2 bath and 808 sq ft of flex space with 1/2 bath that could be used as additional square footage, or separate commercial income. Current leases in place on all three buildings with potential Cap Rate of 6%.

Last Agent to Sell the Property

Chamese Christianson

Legacy Realty LLC License #201204450 Listed on: 02/15/2018

Co-Listed By

Krista Eastes

Lifestyles Realty Group License #201205067

Last Buyer's Agent

Rachel Kahler

Bend Premier Real Estate LLC License #201207326

Bend Premier Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 2016

Lot Details

  • 0.33 Acre Lot
  • Drip System Landscaping
  • Native Plants
  • Property is zoned DC, DC

Home Design

  • Northwest Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 8,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Propane Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Living Room
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Double Vanity
  • Dual Flush Toilets
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Eco-Friendly Details

  • Watersense Fixture
  • Drip Irrigation

Outdoor Features

  • Deck
  • Patio

Schools

  • Sisters Elementary School
  • Sisters Middle School
  • Sisters High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Clas Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal belongings
  • Short Term Rentals Allowed
  • Tax Lot Parcel 1
  • Assessor Parcel Number 134705

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,634

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.33
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: CLAS
  • Year Built: 2016
  • Co List Office Mls Id: ocC21L
  • Co List Office Phone: 541-480-8056
  • Co List Office Phone: 541-504-9000
  • Outside Inclusions: Each building contains: Refrigerator,; Washer/Dryer, Oven, Dishwasher
  • MLS Status: Closed
  • General Property Information Elementary School: Sisters Elem
  • General Property Information Middle Or Junior School: Sisters Middle
  • General Property Information High School: Sisters High
  • General Property Information:Zoning2: DC
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: Parcel 1
  • General Property Information:Bathrooms Half: 1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Lot Features Drip System: Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • Community Features Short Term Rentals Allowed: Yes
  • View:City3: Yes
  • Rooms:Breakfast Nook: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Water Heater
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace Features: Great Room, Propane
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Dual Flush Toilet(s), Kitchen Island, Linen Closet, Pantry, Shower/Tub Combo, Solid Surface Counters, Tile Shower, Walk-In Closet(s), WaterSense Fixture(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features Linen Closet: Yes
  • Fireplace Features:Propane: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Dual Flush Toilet(s): Yes
  • Interior Features:WaterSense Fixture(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Slab
  • Lot Features: Drip System, Landscaped, Native Plants
  • Roof: Composition, Metal
  • View: City
  • Exclusions: Tenants personal belongings
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Native Plants: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Driveway, Other
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air, Heat Pump, Other
  • Heating: Ductless, Forced Air, Heat Pump, Propane
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Propane2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Short Term Rentals Allowed

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sisters Elem
  • High School: Sisters High
  • Middle Or Junior School: Sisters Middle

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 134705
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: DC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2634.0
  • Tax Block: 0
  • Tax Lot: Parcel 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 2, 2018
Sold by
Ochoco Properties Llc
Bought by
Cedar Street Rentals Inc
Seller's Agent
Chamese Christianson
Legacy Realty LLC
Buyer's Agent
Rachel Kahler
Bend Premier Real Estate LLC
List Price
$1,395,000
Sold Price
$1,345,000
Premium/Discount to List
-$50,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$685,022
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 19, 2018
Sold by
Ochoco Properties Llc
Bought by
Cedar Street Rentals Inc
Seller's Agent
Chamese Christianson
Legacy Realty LLC
Buyer's Agent
Rachel Kahler
Bend Premier Real Estate LLC
List Price
$1,395,000
Sold Price
$1,345,000
Premium/Discount to List
-$50,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$685,022
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2016
Sold by
Legacy Builders Of Oregon Llc
Bought by
Ochoco Properties Llc

Purchase Details

Closed on
Jun 11, 2014
Sold by
Miller Scott G and Miller Cheri L
Bought by
Legacy Builders Of Oregon Llc

Purchase Details

Closed on
Feb 5, 2009
Sold by
Tonne Vincent M and Tonne Terri K
Bought by
Miller Scott G and Miller Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2005
Sold by
Mccaulou Fred
Bought by
Tonne Vincent M and Tonne Terri K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cedar Street Rentals Inc -- Western Title
Cedar Street Rentals Inc -- Western Title & Escrow
Ochoco Properties Llc -- Amerititle
Legacy Builders Of Oregon Llc $120,000 Western Title & Escrow
Miller Scott G $171,000 Amerititle
Tonne Vincent M $220,000 First Amer Title Ins Co Or
Mccaulou Fred $200,000 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Street Rentals Inc $800,000
Closed Cedar Street Rentals Inc $800,000
Previous Owner Miller Scott G $141,000
Previous Owner Tonne Vincent M $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $1,345,000 -3.6% $167 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $1,395,000 -- $174 / Sq Ft
Source: Oregon Datashare

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,498 $331,320 -- --
2024 $5,326 $321,670 -- --
2023 $5,174 $312,310 $0 $0
2022 $4,810 $294,390 $0 $0
2021 $4,861 $285,820 $0 $0
2020 $4,621 $285,820 $0 $0
2019 $4,507 $277,500 $0 $0
2018 $10,289 $269,420 $0 $0
2017 $878 $54,540 $0 $0
2016 $866 $52,960 $0 $0
2015 $819 $53,190 $0 $0
2014 $2,200 $143,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chamese Christianson

    Legacy Realty LLC

    (541) 504-9000

    2 in this area

    122 Total Sales

    Chamese Christianson
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Krista Eastes

    Lifestyles Realty Group

  • Rachel Kahler

    Buyer's Agent in 2018

    Rachel Kahler

    Bend Premier Real Estate LLC

    (541) 815-3658

    31 Total Sales

    Rachel Kahler
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201801360

Oregon Datashare

APN: 134705

Oregon Deschutes County Sisters 97759

262 S Cedar St, Sisters, OR

Not Listed for Sale

Detached

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