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Property profile & analytics
OFF-MARKET
Assisted living facilities
22616 11th Ave Ridgefield, WA 98642-5720
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0224762
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1958
Construction
CONCRETE
Total area
2,106 SF
Lot
2 ac (87,120 SF)
Zoning code
AG-20 : CLK
APN
216688-000
UPID
US90-0224762
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
-
Christina's Place LLC 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
Christina Soare · 6 yrs held
Christina Soare
since 2020
Last sale
$407,000
7 recorded transactions
Zoning & alternative use
AG-20 : CLK · Ridgefield, WA
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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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
$6,322
Tax year 2023
Assessed value
$718,639
Assessed 2023
Previous assessed
$758,994
-5.3% YoY
Effective rate
0.88%
On assessed value
Assessed land
$235,843
Assessed improvement
$482,796
Land market value
$235,843
Improvement market value
$482,796
Total market value
$718,639
Applied tax rate
10,323.0000
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
1958
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Bathrooms
3
Total area
2,106 SF
Lot
2 ac (87,120 SF)
Zoning code
AG-20 : CLK
APN
216688-000
UPID
US90-0224762
Jurisdiction
CLARK
Zoning & alternative use
AG-20 : CLK · Ridgefield, WA
Zoning AG-20 : CLK · permitted uses
AG-20 : CLK · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgefield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Bathrooms
3
Lot
2 ac
Current owner
From public records · entity-resolved
Christina Soare
Individual
Mailing address
22616 NW 11TH AVE, RIDGEFIELD, WA 98642-5720
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Christina Soare
—
Deed
related
$300,000 · United Wholesale Mortgage
Mar 6, 2020
—
Christina Soare
Daniel Soare
Quit Claim Deed
related
—
Dec 8, 2017
—
Daniel Soare
—
Deed
related
$45,000 · Keybank USA
Sep 20, 2017
—
Daniel Soare
—
Deed
related
$116,500 · Keybank USA
Apr 11, 2017
—
Daniel Soare
—
Deed
related
$292,000 · Jmac Lending
Aug 8, 2005
$407,000
Daniel Soare
Joseph H Pederson
Warranty Deed
$312,000 · Lehman Brothers Bank Fsb
—
—
Joseph H Pederson
—
Deed Of Trust
related
$12,480 · Money Store INC
—
—
Joseph H Pederson
—
Deed Of Trust
related
$79,353 · Sound Mortgage INC
—
—
Joseph H Pederson
—
Deed Of Trust
related
$50,000 · First Independent Mortgage
—
—
Joseph H Pederson
—
Deed Of Trust
related
$121,000 · Gmac Mortgage Corp
—
—
Daniel Soare
—
Deed Of Trust
related
$116,500 · Keybank USA
—
—
Daniel Soare
—
Deed Of Trust
related
$45,000 · Keybank USA
—
—
Daniel Soare
—
Deed Of Trust
related
$292,000 · Jmac Lending
—
—
Joseph H Pederson
—
Deed Of Trust
related
$27,000 · Gmac Mortgage Corp
—
—
Joseph H Pederson
—
Deed Of Trust
related
$121,000 · Gmac Mortgage Corp
—
—
Joseph H Pederson
—
Deed Of Trust
related
$27,000 · Gmac Mortgage Corp
—
—
Joseph H Pederson
—
Deed Of Trust
related
$40,000 · Us Bank Of Washington
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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