NOT LISTED FOR SALE

387 W Jefferson Ave Sisters, OR 97759

Estimated Value: $977,000 - $1,354,764

3 Beds
6 Baths
3,679 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $1,355,500 $368 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,531/month

170 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • Vaulted Ceiling
  • Sisters Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of November 2021

Architecturally stunning triplex short term vacation rental in downtown Sisters. The modern industrial design seamlessly blends modern finishes with rustic and reclaimed materials. Each unit has its own private entrance and can be locked out and rented as separate units or opened into one large home accommodating up to 16 guests. Excellent location is walking distance to shops and restaurants. Unit 1 features three master suites with tiled bathrooms, hardwood floors, a rooftop terrace and a loft with cascade mountain views. Unit 2 is a spacious one bedroom with a grand entry, reclaimed timbered ceilings, hardwood and stained concrete floors, a tiled bathroom and an amazing courtyard patio. Unit 3 is a spacious studio with private side yard. All units feature lockable owner storage, laundry and radiant floor heat. Sold fully furnished as a cash flowing investment with professional management available. Financials available upon request.

Last Agent to Sell the Property

Ian Berg

Keller Williams Realty Central Oregon License #201104006 Listed on: 10/07/2021

Keller Williams Realty Central Oregon

Last Buyer's Agent

Tim Kizziar

Kizziar Property Co. License #201212058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 2006

Lot Details

  • 3,485 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Triplex
  • Craftsman Architecture
  • Block Foundation
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Tile Roof
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Propane Fireplace
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Parking Permit Required

Outdoor Features

  • Courtyard
  • Deck
  • Fire Pit

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Exclusions: See attached excluded list. Chandelier, Green painting,
  • Short Term Rentals Allowed
  • Legal Lot and Block PARCEL 1 / 42
  • Assessor Parcel Number 134826

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Clas Subdivision

Building Details

  • Gross Income $90,000
  • Net Operating Income $73,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,816

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Directions: From W Cascade turn South on Pine.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.08
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: CLAS
  • Year Built: 2006
  • Total Gross Income: 90000.0
  • Co List Office Phone: 541-585-3760
  • Outside Inclusions: Fully furnished except exclusions
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • 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: MFR
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: PARCEL 1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 42
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Foundation Details Block2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Flooring:Carpet: Yes
  • Architectural Style Craftsman: Yes
  • Community Features Short Term Rentals Allowed: Yes
  • Roof:Tile2: Yes
  • Flooring Concrete: Yes
  • Foundation Details Slab: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Levels Three Or More: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: Daylight, Exterior Entry, Finished, Partial
  • Fireplace Features: Great Room, Propane
  • Flooring: Carpet, Concrete, Hardwood
  • Interior Amenities: Built-in Features, Central Vacuum, Soaking Tub, Solid Surface Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement Finished: Yes
  • Interior Features:Central Vacuum: Yes
  • Fireplace Features:Propane: Yes
  • Basement:Partial: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Block, Concrete, Frame
  • Exterior Features: Courtyard, Deck, Fire Pit
  • Foundation Details: Block, Slab, Stemwall
  • Lot Features: Corner Lot
  • Roof: Tile
  • View: Cascade Mountains
  • Exclusions: See attached excluded list. Chandelier, Green painting,
  • Exterior Features:Deck: Yes
  • Exterior Features:Fire Pit: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Concrete3: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Driveway, On Street, Permit Required, Tandem
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Tandem: Yes
  • Parking Features:Permit Required: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Propane, Radiant
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Propane2: Yes
  • Heating:Baseboard: Yes
  • Heating:Radiant: 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

  • Additional Parcels: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 134826
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 73920.0
  • Annual Operating Expense: 16080.0

Tax Info

  • Tax Annual Amount: 4816.29
  • Tax Block: 42
  • Tax Lot: PARCEL 1
  • Tax Map Number: 151009BB06900
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 3, 2021
Sold by
Leste Hilary and Rolling Hills Trust
Bought by
Sisters Retretas Llc
Seller's Agent
Ian Berg
Keller Williams Realty Central Oregon
Buyer's Agent
Tim Kizziar
Kizziar Property Co.
List Price
$1,050,000
Sold Price
$1,355,500
Premium/Discount to List
$305,500
29.1%
Current Estimated Value
$1,144,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,059
Avg. Annual Appreciation
-4.23%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Lucas Piper
Bought by
Amended And Restated Rolling Hills Trust and Lester

Purchase Details

Closed on
Dec 15, 2017
Sold by
Lucas Piper
Bought by
Lester William W and The Rollins Hills Trust

Purchase Details

Closed on
Oct 31, 2007
Sold by
Daggett Jan C
Bought by
Lucas Piper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 20, 2004
Sold by
Daggett Jan C
Bought by
Daggett Jan C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sisters Retretas Llc $1,355,500 First American Title
Amended And Restated Rolling Hills Trust -- First American Title
Lester William W $815,000 First American Title
Lucas Piper -- Amerititle
Daggett Jan C -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Piper $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $1,355,500 +29.1% $368 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $1,050,000 -- $285 / 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 $5,552 $335,300 -- --
2023 $5,394 $325,540 $0 $0
2022 $5,013 $306,860 $0 $0
2021 $5,066 $297,930 $0 $0
2020 $4,816 $297,930 $0 $0
2019 $4,698 $289,260 $0 $0
2018 $4,546 $280,840 $0 $0
2017 $3,842 $238,700 $0 $0
2016 $3,789 $231,750 $0 $0
2015 $3,557 $225,000 $0 $0
2014 $3,440 $218,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220120811

Oregon Datashare

APN: 134826