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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Mobile home & RV parks
1621 Colter St Phoenix, AZ 85015-3064
Entity Owned
6-yr Hold
Free & Clear
Property ID
US07-0389539
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1983
Construction
STEEL FRAME
Total area
294 SF
Lot
1.52 ac (66,295 SF)
Zoning code
R-3
APN
156-38-014
UPID
US07-0389539
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
$1.80M
Blend (final)
Blend
$1.89M
Owner & transaction history
Craftsman On Colter LP · 6 yrs held
Craftsman On Colter LP
since 2019
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$6,412 / SF
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
$5,426
Tax year 2023
Assessed value
$71,726
Assessed 2024
Previous assessed
$49,500
+44.9% YoY
Effective rate
7.56%
On assessed value
Land market value
$565,600
Improvement market value
$151,664
Total market value
$717,264
Applied tax rate
81,300.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
294 SF
Lot
1.52 ac (66,295 SF)
Zoning code
R-3
APN
156-38-014
UPID
US07-0389539
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
1983
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
1.52 ac
Current owner
From public records · entity-resolved
Craftsman On Colter LP
Entity
Free & Clear · 6 yrs held
Mailing address
17620 N 77TH PL, SCOTTSDALE, AZ 85255-0409
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
$1,200,000
Craftsman On Colter LP
First American Exchange Co
Warranty Deed
—
Dec 18, 2018
—
Colter-tcd LLC
Nhsp Holdings LLC
Warranty Deed
related
—
Sep 1, 2006
—
Aga Property Management LLC
Moraru,peter
Warranty Deed
—
Nov 13, 2001
$435,000
Peter Moraru
Kilt,earl & Esther
Grant Deed
$235,000 · Earl & Esther Kilt
Apr 29, 1992
$320,000
Earl Klit
Interstate Ventu
Grant Deed
—
—
—
Earl Klit
—
Deed Of Trust
related
$133,739 · Bank One Arizona
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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