NOT LISTED FOR SALE

291 S Pine Meadow St Unit 1, 2, 3 Sisters, OR 97759

Estimated Value: $1,013,000 - $1,321,253

-- Bed
3 Baths
1,883 Sq Ft
$620/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $1,200,000 $637 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,006/month

18 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Engineered Wood Flooring
  • Sisters Elementary School Rated A-
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of August 2021

Sale fail due to Buyers financial issues, not property.
Established income producing Triplex located in Sisters sought after neighborhood ''Pine Meadow Village'. Surrounded by beautiful homes and the proximity to town.
This triplex is currently grossing / averaging $10,000.00+ A MONTH since June 2020 even with 49 documented 'Covid related '' cancellations.
1 BLOCK to downtown shopping,restaurants, they are gorgeous inside and out. Solid wood interior doors,upgraded cabinetry, stainless steel upscale appliances, fully furnished,SOLD as a cash flowing, turn key investment.
Washer/dryers in each unit, commercial grade 40 year flooring throughout, no carpet, mountain views, just to name a few amenities.Guests love these newer upgraded units, walk to town! Financials/ future reservations to be disclosed to qualified buyers w/ more bookings coming in..Great reviews + high ratings w/ VRBO+Airbnb with lots of repeat customers!
Short term rentals, long term less than 1 year.
Owner/agent.

Last Agent to Sell the Property

Susan Anderson

Stellar Realty Northwest License #900500085 Listed on: 07/19/2021

Last Buyer's Agent

Grace Gerdes

Keller Williams Realty Central Oregon License #201216676

Keller Williams Realty Central Oregon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 2016

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard Sprinklers
  • Additional Parcels

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Triplex
  • Cottage
  • Brick Exterior Construction
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Great Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Accessible Doors
  • Accessible Entrance

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 263912

Community Details

Overview

  • 3 Units
  • Built by Alva Wayne Anderson
  • West View Business P Subdivision
  • The community has rules related to covenants, conditions, and restrictions, covenants

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 2016

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: Hood Avenue to Pine Meadows
  • Unit Levels: One
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: West View Business P
  • Year Built: 2016
  • Co List Office Phone: 541-508-3148
  • Outside Inclusions: Furnishings
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Commercial
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Flooring Simulated Wood: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Great Room
  • Flooring: Simulated Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Fiberglass Stall Shower, Kitchen Island, Open Floorplan, Stone Counters, Vaulted Ceiling(s)
  • Window Features: Double Pane Windows
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Stone Counters: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Builder Name: Alva Wayne Anderson
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick, Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped, Sprinklers In Front
  • Roof: Composition
  • View: Cascade Mountains
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Closets: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Security: Smoke Detector(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Amenities: Trash
  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Park, Short Term Rentals Allowed

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 175.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Trash: Yes

Schools

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

Lot Info

  • Additional Parcels Description: Parking Lot in rear of units.
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 263912
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5099.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 12, 2021
Sold by
Anderson Susan
Bought by
Sandy Par Llc
Seller's Agent
Susan Anderson
Stellar Realty Northwest
Buyer's Agent
Grace Gerdes
Keller Williams Realty Central Oregon
List Price
$1,075,000
Sold Price
$1,200,000
Premium/Discount to List
$125,000
11.63%
Current Estimated Value
$1,167,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,873
Avg. Annual Appreciation
-0.77%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Jul 15, 2021
Sold by
Ballard Susan and Anderson Susan
Bought by
Anderson Susan
Seller's Agent
Susan Anderson
Stellar Realty Northwest
Buyer's Agent
Grace Gerdes
Keller Williams Realty Central Oregon
List Price
$1,075,000
Sold Price
$1,200,000
Premium/Discount to List
$125,000
11.63%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Anderson Susan and Ballard Susan
Bought by
Anderson Susan

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 22, 2017
Sold by
Mdm Llc
Bought by
Bailard Susan
Seller's Agent
Mike Mansker
Coldwell Banker Reed Bros Rlty
Buyer's Agent
Marina McCurdy
RE/MAX Key Properties
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Matsuda Mel
Bought by
Mdm Llc

Purchase Details

Closed on
Aug 5, 2016
Sold by
Mueller Fredrick A and Mueller Karen J
Bought by
Mdm Llc

Purchase Details

Closed on
Aug 4, 2016
Sold by
Dufault Greg
Bought by
Mdm Llc

Purchase Details

Closed on
Jul 27, 2010
Sold by
Lot 6 Llc
Bought by
Mueller Fred and Mueller Karen
Source: Public Records

Range of Values:

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Sold Price
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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
Sandy Par Llc $1,200,000 First American Title
Anderson Susan -- Accommodation/Courtesy Recordi
Anderson Susan -- Accommodation
Bailard Susan $465,000 Western Title & Escrow
Mdm Llc -- None Available
Mdm Llc -- None Available
Mdm Llc -- None Available
Mueller Fred $252,460 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard Susan $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $1,200,000 +11.6% $637 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $1,075,000 +131.2% $571 / Sq Ft
11/28/2017 11/28/17 Sold $465,000 -6.1% $247 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $495,000 -- $263 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

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
2024 $5,878 $355,010 -- --
2023 $5,711 $344,670 $0 $0
2022 $5,308 $324,900 $0 $0
2021 $5,364 $315,440 $0 $0
2020 $5,099 $315,440 $0 $0
2019 $4,974 $306,260 $0 $0
2018 $4,813 $297,340 $0 $0
2017 $3,765 $233,890 $0 $0
2016 $976 $61,170 $0 $0
2015 $841 $54,620 $0 $0
2014 $753 $49,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220126425

Oregon Datashare

APN: 263912