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Sold for $525,000
    • Zillow Home logoZestimate®
    $525,000

    971 E LOBSTER TRAP Lane, Tempe, AZ 85283

    4beds
    1,762sqft
    Single Family Residence
    Built in 1973
    6,625 Square Feet Lot
    $525,000 Zestimate®
    $298/sqft
    $2,761 Estimated rent

    Home value

    $525,000

    $483,000 - $567,000

    $2,761/mo

    Zestimate® history
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    What's special

    Lush tree lined streetsSparkling lakes
    Welcome to 971 E Lobster Trap Ln in The Lakes community of Tempe, where this incredible home meets one of the most iconic lifestyles in the East Valley. Surrounded by lush tree lined streets and sparkling lakes, this neighborhood offers boating, scenic walking paths, and a true sense of community. Residents enjoy a private clubhouse, tennis courts, parks, a resort style pool, and year-round events. Perfectly located in the heart of Tempe near top dining, shopping, and freeway access. This is a rare opportunity to own in a vibrant lake community that feels like a getaway every day.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane W Peterlin 480-227-2019,

    Century 21 Seago

    Bought with:

    Annette M Champagne, SA649199000

    HomeSmart

    Source: ARMLS,MLS#: 7018243MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Electric Oven, Electric Cooktop
    Features
    • Upstairs, Full Bth Master Bdrm
    • Flooring: Laminate, Tile
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,762
    • Total interior livable area: 1,762 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Spa features: None
    • Fencing: Block,Wood
    Lot
    • Size: 6,625 Square Feet
    • Features: North/South Exposure, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 30102677

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Painted, Block
    • Roof: Tile
    Condition
    • Year built: 1973
    Details
    • Builder name: Mission Viejo

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Pool, Racquetball, Pickleball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Community Media Room, Tennis Court(s), Biking/Walking Path, Fitness Center
    • Subdivision: The Lakes
    HOA
    • Has HOA: Yes
    • Services included: Other (See Remarks)
    • HOA fee: $405 quarterly
    • HOA name: The Lakes Community
    • HOA phone: 480-838-1023
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $429,100
    • Annual tax amount: $2,781
    • Date on market: 4/23/2026
    • Cumulative days on market: 152 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/22/2026Sold$525,000-2.6%$298/sqft
    Source: ARMLS #7018243 Report a problem
    8/6/2026Price change$539,000-1.1%$306/sqft
    Source: ARMLS #7018243 Report a problem
    6/25/2026Price change$545,000-1.8%$309/sqft
    Source: ARMLS #7018243 Report a problem
    5/28/2026Price change$555,000-1.8%$315/sqft
    Source: ARMLS #7018243 Report a problem
    4/23/2026Listed for sale$565,000$321/sqft
    Source: ARMLS #7018243 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,768 +7.7%$42,910 -6.1%
    2024$2,571 +1.2%$45,720 +88.9%
    2023$2,540 +4.2%$24,198 -21.2%
    2022$2,437 +1.4%$30,710 +6.8%
    2021$2,403 +2%$28,750 +8.4%
    2020$2,356 +2.8%$26,530 +3.8%
    2019$2,293 $25,550 +12.2%
    2018$2,293 +3.2%$22,770 +5.8%
    2017$2,222 +3.9%$21,520 +4.9%
    2016$2,138 +1.2%$20,510 +10.1%
    2015$2,114 $18,630 +15%
    2014-- $16,200 +14.2%
    2013-- $14,180 -12.5%
    2012-- $16,210 -15.4%
    2011-- $19,170 -10.7%
    2010-- $21,460 -16%
    2009-- $25,550 -7.4%
    2008-- $27,600 +11.7%
    2007-- $24,700 +38%
    2006-- $17,900
    2005-- $17,900 +23.9%
    2004-- $14,450
    2003-- $14,450 +13.8%
    2002-- $12,700
    Find assessor info on the county website

    Neighborhood: The Lakes

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rover Elementary School
    • Middle: Fees College Preparatory Middle School
    • High: Marcos De Niza High School
    • District: Tempe School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $525,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $525,000

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