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Property profile & analytics
OFF-MARKET
Assisted living facilities
2021 114th Pl Portland, OR 97216-3670
Individually Owned
4-yr Hold
Property ID
US71-0384599
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1958
Total area
2,490 SF
Lot
0.19 ac (8,100 SF)
Zoning code
R7A
APN
1S2E03DB 06900
UPID
US71-0384599
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
-
Lumi's Room & Board Home 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
Ioan Muntean · 4 yrs held
Ioan Muntean
since 2022
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
R7A · Portland, OR
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$7,394
Tax year 2023
Assessed value
$314,590
Assessed 2023
Previous assessed
$305,430
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$200,000
Improvement market value
$376,460
Total market value
$576,460
Applied tax rate
113.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1958
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
2,490 SF
Lot
0.19 ac (8,100 SF)
Zoning code
R7A
APN
1S2E03DB 06900
UPID
US71-0384599
Jurisdiction
MULTNOMAH
Zoning & alternative use
R7A · Portland, OR
Zoning R7A · permitted uses
R7A · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Ioan Muntean
Individual
Mailing address
2021 SE 114TH PL, PORTLAND, OR 97216-3670
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
—
Ioan Muntean
Ioan Muntean
Intrafamily Transfer
related
—
Sep 16, 2005
—
Ioan Muntean
Muntean,ioan
Quit Claim Deed
related
—
Sep 15, 2005
$290,000
Iaon Muntean
Victoria Pantea
Warranty Deed
$58,000 · Aegis Wholesale Corp
Feb 28, 2003
—
Victoria Pantea
Filimon,joan
Grant Deed
$196,000 · Sierra Pacific Mortgage
Jan 28, 2000
$135,000
Ioan Filimon
Clapa,benjamin & Iudita
Quit Claim Deed
related
$170,800 · Pcfs Financial Services INC
Oct 22, 1998
$125,000
Benjamin Clapa
American General Finance INC
Grant Deed
—
May 29, 1998
$161,497
Aanes General Finance INC
Bowen,jack & Carol
Trustees Deed
related
—
Jan 1, 1989
$69,900
Jack Bowen
Unknown
Grant Deed
—
—
—
Jack Bowen
—
Deed Of Trust
related
$140,370 · American General Finance INC
—
—
Jack Bowen
—
Deed Of Trust
related
$113,034 · American General Finance INC
—
—
Jack Bowen
—
Deed Of Trust
related
$91,500 · American General Finance INC
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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