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Property profile & analytics
FOR SALE
Assisted living facilities
607 W Villa Rita Dr Phoenix, AZ 85023
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1316124
For Sale
1 / 24
$749,000
607 W Villa Rita Dr, Phoenix, AZ 85023
View Listing →
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1996
Construction
FRAME
Total area
2,853 SF
Lot
0.16 ac (7,146 SF)
Zoning code
R-3
APN
208-02-487
UPID
US07-1316124
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
Adrian Cirjan · 5 yrs held
Adrian Cirjan
since 2021
Last sale
$190,050
7 recorded transactions
Zoning & alternative use
R-3 · 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
$2,770
Tax year 2023
Assessed value
$49,470
Assessed 2024
Previous assessed
$41,130
+20.3% YoY
Effective rate
5.60%
On assessed value
Land market value
$98,900
Improvement market value
$395,800
Total market value
$494,700
Applied tax rate
691,300.0000
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
For Sale
Year built
1996
Construction
FRAME
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
8
Bathrooms
2
Total area
2,853 SF
Lot
0.16 ac (7,146 SF)
Zoning code
R-3
APN
208-02-487
UPID
US07-1316124
Jurisdiction
MARICOPA
Zoning & alternative use
R-3 · Phoenix, AZ
Zoning R-3 · permitted uses
R-3 · 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
1996
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Adrian Cirjan
Individual
Mailing address
607 W VILLA RITA DR, PHOENIX, AZ 85023-8103
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
—
Adrian Cirjan
Adrian Cirjan
Intrafamily Transfer
related
—
Feb 26, 2020
—
Adrian Cirjan
—
Deed
related
—
Jun 18, 2019
—
Adrian Cirjan
—
Deed
related
$260,000 · All Western Mortgage INC
Apr 30, 2012
$190,050
Adrian Cirjan
Fannie Mae
Special Warranty Deed
$185,183 · Primary Residential Mortgage INC
Jul 7, 2011
$320,120
Federal Natl Mtg Assn Fnma
Quality Loan Svc Corp
Trustees Deed
related
—
Oct 18, 1996
$165,064
Richard J Moore
Pulte Home Corporation
Grant Deed
$140,050 · Icm Mortgage Corp
—
—
Adrian Cirjan
—
Loan Modification
related
—
—
—
Richard J Moore
—
Deed Of Trust
related
$25,000 · Bank One NA
—
—
Richard J Moore
—
Deed Of Trust
related
$188,000 · Chase Manhattan Mortgage Corp
—
—
Richard J Moore
—
Deed Of Trust
related
$30,000 · Bank One NA
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.
Try Rey
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