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Property profile & analytics
OFF-MARKET
Assisted living facilities
520 Paropa Pl, Gresham, OR 97080-1441
Individually Owned
23-yr Hold
Property ID
US71-1650416
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Total area
3,249 SF
Lot
0.23 ac (10,053 SF)
Zoning code
LDR
APN
1S3E11DC 00200
UPID
US71-1650416
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
Tatiana Nicholas · 23 yrs held
Tatiana Nicholas
since 2003
Last sale
$427,000
7 recorded transactions
Zoning & alternative use
LDR · Gresham, 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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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
$5,915
Tax year 2023
Assessed value
$314,190
Assessed 2023
Previous assessed
$305,040
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$198,750
Improvement market value
$341,470
Total market value
$540,220
Applied tax rate
26.0000
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
Heating
BASEBOARD
Stories
1
Bathrooms
7
Total area
3,249 SF
Lot
0.23 ac (10,053 SF)
Zoning code
LDR
APN
1S3E11DC 00200
UPID
US71-1650416
Jurisdiction
MULTNOMAH
Zoning & alternative use
LDR · Gresham, OR
Zoning LDR · permitted uses
LDR · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
BASEBOARD
Stories
1
Bathrooms
7
Lot
0.23 ac
Current owner
From public records · entity-resolved
Tatiana Nicholas
Individual
Mailing address
520 SE PAROPA PL, GRESHAM, OR 97080-1441
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Mar 14, 2003
—
Tatiana Nicholas
Nicholas,tr
Quit Claim Deed
related
$218,000 · First Pacific Mortgage
Jun 20, 1997
—
Tatiana Nicholas
Nicula,tatiana & Eugeniu
Grant Deed
related
—
Oct 12, 1993
$90,500
Eugeniu Nicula
Cason,leonard E
Grant Deed
$85,900 · Medallion Mortgage Co
—
—
Nicholas-tatiana
—
Deed Of Trust
related
$325,391 · Us Bank NA
—
—
Tatiana Nicholas
—
Deed Of Trust
related
$110,000 · Graziella Stanculescu
—
—
Eugeniu Nicula
—
Deed Of Trust
related
$25,000 · United Lending Group
—
—
Nicholas,tatiana Trust
—
Loan Modification
related
$326,687 · Us Bank NA
—
—
Tatiana Nicholas
—
Deed Of Trust
related
$236,000 · First Horizon Home Loan Corp
—
—
Tatiana Nicholas
—
Deed Of Trust
related
$236,250 · Premier Mortgage Resources
—
—
Tatiana Nicholas
—
Deed Of Trust
related
$301,500 · Union Planters National Bank
—
—
Eugeniu Nicula
—
Deed Of Trust
related
$33,300 · First Union Home Equity Bank
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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