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Property profile & analytics
OFF-MARKET
Assisted living facilities
2949 89th Ave 6 Phoenix, AZ 85037-3218
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1724083
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Construction
CONCRETE BLOCKS
Total area
1,552 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R1-6
APN
102-73-101
UPID
US07-1724083
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
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
Magaly Castaneda · 7 yrs held
Magaly Castaneda
since 2019
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
$1,159
Tax year 2023
Assessed value
$30,110
Assessed 2024
Previous assessed
$23,560
+27.8% YoY
Effective rate
3.85%
On assessed value
Land market value
$60,200
Improvement market value
$240,900
Total market value
$301,100
Applied tax rate
921,300.0000
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
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
7
Bathrooms
2
Total area
1,552 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R1-6
APN
102-73-101
UPID
US07-1724083
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
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Magaly Castaneda
Individual
Mailing address
2949 N 89TH AVE, PHOENIX, AZ 85037-3218
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Castaneda Magaly
—
Deed
related
$7,301
Jan 10, 2025
—
Magaly Castaneda
—
Deed
related
$20,522 · Pennymac Loan Services LLC
Dec 1, 2023
—
Magaly Castaneda
—
Deed
related
$7,658 · Pennymac Loan Services LLC
Oct 19, 2022
—
Magaly Castaneda
—
Deed
related
$4,553 · Department Of Housing & Urban Dev
Mar 1, 2022
—
Magaly Castaneda
—
Deed
related
$3,238 · Department Of Housing & Urban Dev
May 18, 2021
—
Magaly Castaneda
—
Deed
related
$16,159 · Department Of Housing & Urban Dev
Jan 7, 2019
$205,000
Magaly Castaneda
Oseguera Zamora Martin
Warranty Deed
$201,286 · Amerifirst Financial INC
Dec 14, 2016
$175,000
Oseguera Zamora Martin
Marco A Villegas
Warranty Deed
$171,830 · Amerifirst Financial INC
Mar 4, 2010
$61,000
Marco A Villegas
Federal National Mortgage Associati
Special Warranty Deed
$45,750 · Us Bank NA
Nov 17, 2009
$172,395
Federal Natl Mtg Assn Fnma
Bosco Michael A JR
Trustees Deed
related
—
Jan 17, 2008
—
Vintage Consulting & Mgmt LLC
Davis,patricia
Quit Claim Deed
related
—
Jan 2, 2008
$215,000
Patricia Davis
Chance R/e Holdings LLC
Warranty Deed
$204,250 · Casita Mortgage LLC
Oct 2, 2007
—
Chance R/e Holdings LLC
Ez Homes INC
Quit Claim Deed
related
—
Aug 21, 2007
$143,626
Ez Homes INC
Bosco,michael A JR
Trustees Deed
—
Dec 21, 2005
—
Martha Valenzuela
Octavio R Valenzuela
Intrafamily Transfer
related
$147,000 · Resmae Mortgage Corp
Dec 22, 1994
$46,650
Octavio R Valenzuela
Hud
Grant Deed
$46,250 · American Bantrust Mortgage
May 2, 1994
—
Hud
Government Natio
Grant Deed
related
—
Feb 4, 1994
$70,512
Government National Mortgage
Easton
Trustees Deed
related
—
Aug 11, 1989
$68,920
Jessie M Barrow
—
Deed Of Trust
related
$3,000 · Seller
—
—
Chance R/e Holdings LLC
—
Deed Of Trust
related
$133,650 · Active Financial Group LLC
—
—
Octavio R Valenzuela
—
Deed Of Trust
related
—
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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