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.
For sale
Price cut: $10K (6/25)
$545,000
971 E LOBSTER TRAP Lane, Tempe, AZ 85283
4beds
1,762sqft
Single Family Residence
Built in 1973
6,625 Square Feet Lot
$-- Zestimate®
$309/sqft
$135/mo HOA
What's special
Lush tree lined streetsSparkling lakes
- 90 days |
- 1,031 |
- 87 |
Zillow last checked:
Listing updated:
Listed by:
Shane W Peterlin 480-227-2019,
Century 21 Seago
Source: ARMLS,MLS#: 7018243
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
- Water: City Water
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: $309/sqft
- Tax assessed value: $429,100
- Annual tax amount: $2,781
- Date on market: 4/23/2026
- Cumulative days on market: 90 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $545,000-1.8%$309/sqft |
Source:  ARMLS #7018243 Report a problem | ||
| 5/28/2026 | Price change | $555,000-1.8%$315/sqft |
Source: ARMLS #7018243 Report a problem | ||
| 4/23/2026 | Listed for sale | $565,000+473.6%$321/sqft |
Source: ARMLS #7018243 Report a problem | ||
| 11/10/1987 | Sold | $98,500$56/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: The Lakes
Nearby schools
GreatSchools rating
- 9/10Rover Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 5/10Marcos De Niza High SchoolGrades: 9-12Distance: 0.6 mi
- 2/10Fees College Preparatory Middle SchoolGrades: 6-8Distance: 0.6 mi
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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