NOT LISTED FOR SALE

740 E Cascade Ave Sisters, OR 97759

Estimated Value: $602,000 - $630,000

6 Beds
6 Baths
2,379 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $618,500 $260 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,903/month

28 Days on Market

Highlights

  • Northwest Architecture
  • No HOA
  • Heating Available
  • Sisters Elementary School Rated A-
  • Attached Garage

About This Home

As of April 2024

Fully rented duplex in downtown Sisters. Each unit has 3 bedrooms/2.5 bathrooms, attached garage, and fenced yard. Convenient location right across from Sisters Elementary and just a 3 minute walk to the downtown shops. One of the units is newly remodeled. Total current gross rents: $3685/month...740 - $1995, 750 - $1690 (same tenant for 10+ years).

Last Listed By

Joey Morgan

Stellar Realty Northwest License #201238120 Listed on: 01/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 2002

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Duplex
  • Northwest Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 2 / 18
  • Assessor Parcel Number 205364

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $39,612
  • Net Operating Income $29,615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,837

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2002
  • Total Gross Income: 39612.0
  • Co List Office Phone: 541-508-3148
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 18
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Flooring: Laminate, Other
  • Interior Amenities: Fiberglass Stall Shower
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete, Frame
  • Foundation Details: Stemwall
  • Roof: Composition
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Attached, Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: None
  • Heating: Other
  • Security: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: 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: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 205364
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 29614.8
  • Annual Operating Expense: 9997.2

Tax Info

  • Tax Annual Amount: 5836.65
  • Tax Block: 18
  • Tax Lot: 2
  • Tax Map Number: 151004DC
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 22, 2024
Sold by
Endearing Homes Llc
Bought by
Miller Calvin and Whitson Wallace
Seller's Agent
Joey Morgan
Stellar Realty Northwest
Buyer's Agent
Eric Bilderback
Stellar Realty Northwest
List Price
$675,000
Sold Price
$618,500
Premium/Discount to List
-$56,500
-8.37%
Total Days on Market
28
Views
19
Current Estimated Value
$613,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,924
Avg. Annual Appreciation
-0.47%
Original Mortgage
$587,574
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2022
Sold by
Weber Blake
Bought by
Endearing Homes Llc

Purchase Details

Closed on
Nov 13, 2020
Sold by
Endearing Homes Llc
Bought by
Weber Blake and Weber Jami Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2016
Sold by
Weber Jami Lyn
Bought by
Endearing Homes Llc

Purchase Details

Closed on
Jan 24, 2014
Sold by
Endearing Homes Llc
Bought by
Weber Jami Lyn

Purchase Details

Closed on
Apr 17, 2009
Sold by
Weber Blake
Bought by
Endearing Homes Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Endearing Homes Llc
Bought by
Weber Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
Not Available
List Price
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
Miller Calvin $618,500 First American Title
Endearing Homes Llc -- Accommodation/Courtesy Recordi
Weber Blake -- Western Title & Escrow
Endearing Homes Llc -- Accommodation
Weber Jami Lyn -- Accommodation
Endearing Homes Llc -- Accommodation
Weber Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Calvin $587,574
Previous Owner Weber Blake $232,000
Previous Owner Weber Jami Lyn $174,000
Previous Owner Weber Blake $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $618,500 -1.0% $260 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $624,500 -3.8% $263 / Sq Ft
02/06/2024 02/06/24 Price Changed $649,000 -3.9% $273 / Sq Ft
01/24/2024 01/24/24 For Sale $675,000 -- $284 / Sq Ft
Source: Southern Oregon MLS

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 $6,008 $362,840 -- --
2023 $5,837 $352,280 $0 $0
2022 $5,425 $332,060 $0 $0
2021 $5,483 $322,390 $0 $0
2020 $5,212 $322,390 $0 $0
2019 $5,084 $313,000 $0 $0
2018 $4,919 $303,890 $0 $0
2017 $4,640 $295,040 $0 $0
2016 $4,443 $278,370 $0 $0
2015 $3,845 $249,850 $0 $0
2014 $3,218 $210,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joey Morgan

    Seller's Agent in 2024

    Joey Morgan

    Stellar Realty Northwest

    (541) 771-1379

    13 in this area

    31 Total Sales

    Joey Morgan
    Section Image

  • E

    Buyer's Agent in 2024

    Eric Bilderback

    Stellar Realty Northwest

    (541) 508-3148

    8 in this area

    24 Total Sales

    Eric Bilderback
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 220176200

Southern Oregon MLS

APN: 205364

Oregon Deschutes County Sisters 97759

740 E Cascade Ave, Sisters, OR

Homes for Sale in Sisters, OR

This home is located at 740 E Cascade Ave, Sisters, OR 97759 since 25 January 2024 and is currently estimated at $615,420, approximately $258 per square foot. This property was built in 2002. 740 E Cascade Ave is a home located in Deschutes County with nearby schools including Sisters Elementary School, Sisters Middle School, and Sisters High School.

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