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Property profile & analytics
OFF-MARKET
Assisted living facilities
10601 42nd St 3, Phoenix, AZ 85044-1301
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-0886482
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Construction
CONCRETE BLOCKS
Total area
2,261 SF
Lot
0.18 ac (7,906 SF)
Zoning code
R1-6
APN
301-40-264
UPID
US07-0886482
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Valley of Hope Assisted Living Nursing Home Retirement Community
-
Latin's Home Nursing Home Retirement Community
-
Franklin Cruz Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daniel Valean · 6 yrs held
Daniel Valean
since 2020
7 recorded transactions
Zoning & alternative use
R1-6 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,604
Tax year 2023
Assessed value
$45,480
Assessed 2024
Previous assessed
$38,020
+19.6% YoY
Effective rate
5.73%
On assessed value
Land market value
$90,900
Improvement market value
$363,900
Total market value
$454,800
Applied tax rate
281,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1978
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
6
Bathrooms
2
Total area
2,261 SF
Lot
0.18 ac (7,906 SF)
Zoning code
R1-6
APN
301-40-264
UPID
US07-0886482
Jurisdiction
MARICOPA
Zoning & alternative use
R1-6 · Phoenix, AZ
Zoning R1-6 · permitted uses
R1-6 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Daniel Valean
Individual
Mailing address
10601 S 42ND ST, PHOENIX, AZ 85044-1301
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2020
$400,000
Daniel Valean
Joseph M Latin JR
Re-recorded Document
related
—
May 8, 2020
$400,000
Daniel Valean
Joseph M Latin JR
Agreement Of Sale
—
Apr 2, 2007
—
Joseph M Latin
Owner Name Unavailable
Grant Deed
related
$180,000 · E-loan INC
Oct 2, 1995
$96,500
Joseph M Latin
Jeffrey Warnecke
Grant Deed
$86,850 · American Bantrust Mortgage
—
—
Latin,joseph M JR
—
Deed Of Trust
related
$187,000 · Quicken Lns
—
—
Joseph M Latin
—
Deed Of Trust
related
$22,355 · Private Lender
—
—
Joseph M Latin
—
Deed Of Trust
related
$123,500 · Fremont Investment & Loan
—
—
Joseph M Latin
—
Deed Of Trust
related
$17,406 · Commercial Credit Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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