NOT LISTED FOR SALE

320 W Cascade Ave Sisters, OR 97759

Estimated Value: $465,000

0.24 Acre
$1,937,500 Price per Acre
10,454 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $1,250,000

Current estimated payment $2,918/month

763 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 2-minute walk to Barclay Park
  • Sisters Elementary School Rated A-

About This Lot

As of April 2024

Rare Commercial Opportunity to build on Cascade Avenue, the main street in the quaint town of Sisters, Oregon. According to ODOT (Oregon Department of Transportation) approximately 11,000+ cars/trucks drive through Sisters on Cascade Avenue per day. This property is on a North/East corner with tremendous exposure. Zoned to build a Hotel, Restaurant, Office Building, Medical Building and Work/Living space. Central Oregon and the town of Sisters, Oregon is growing at a rapid pace. This is an opportunity to invest in the future!

Last Agent to Sell the Property

Kimberly Gorayeb

Engel & Voelkers Bend License #201203452 Listed on: 05/31/2023

Engel & Voelkers Bend

Last Buyer's Agent

Kimberly Gorayeb

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,403

Lot Details

  • 10,454 Sq Ft Lot
  • Additional Parcels
  • Property is zoned Commercial/Mix, Commercial/Mix

Property Views

  • Mountain Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mccafferys Subdivision

Listing and Financial Details

  • Legal Lot and Block 1, 2, 3 / 6
  • Assessor Parcel Number 134495

Property Details

Property Type

Land

Est. Annual Taxes

$3,403

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.24
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: McCafferys
  • Co List Office Phone: 541-350-8256
  • MLS Status: Closed
  • General Property Information:Zoning2: Commercial/Mix
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:None7: Yes
  • Location Tax and Legal:Tax Lot: 1, 2, 3
  • Location Tax and Legal:Tax Block: 6
  • Special Features: None

Exterior Features

  • View: Cascade Mountains

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: None
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

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

  • Additional Parcels Description: Tax Map & Lot 151004CC02504 / Account 134512
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 134495
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial/Mix
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3403.07
  • Tax Block: 6
  • Tax Lot: 1, 2, 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Apr 4, 2024
Sold by
Nicholas R Veroske Revocable Living Trus and Veroske Nicholas R
Bought by
Broken Top Whiskey Llc
Seller's Agent
Kimberly Gorayeb
Engel & Voelkers Bend
Buyer's Agent
Kimberly Gorayeb
Engel & Voelkers Bend
List Price
$1,250,000
Sold Price
$1,250,000
Views
29
Current Estimated Value
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$785,000
Original Mortgage
$0
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Veroske Nicholas R
Bought by
Veroske Nicholas R and Nicholas R Verske Revocable Living Trust

Purchase Details

Closed on
Jan 7, 2008
Sold by
Moss Group Llc
Bought by
Veroske Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.15%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Average Value
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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
Broken Top Whiskey Llc $1,250,000 Western Title
Veroske Nicholas R -- None Available
Veroske Nicholas R $725,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Broken Top Whiskey Llc $0
Previous Owner Veroske Nicholas R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $1,250,000 0.0% --
06/05/2023 06/05/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $1,250,000 0.0% --
05/03/2023 05/03/23 Off Market $1,250,000 -- --
05/04/2022 05/04/22 For Sale $1,250,000 0.0% --
05/03/2022 05/03/22 Off Market $1,250,000 -- --
05/03/2021 05/03/21 For Sale $1,250,000 -- --
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 $3,923 $236,910 $236,910 --
2023 $3,811 $230,010 $230,010 $0
2022 $3,652 $216,820 $0 $0
2021 $3,580 $210,510 $0 $0
2020 $3,403 $210,510 $0 $0
2019 $3,319 $204,380 $0 $0
2018 $3,212 $198,430 $0 $0
2017 $3,029 $192,660 $0 $0
2016 $3,081 $188,490 $0 $0
2015 $2,816 $183,000 $0 $0
2014 $2,801 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220121733

Oregon Datashare

APN: 134495