$1,013,455
SOLD JUL 25, 2025

1241 W Lobster Trap Dr Gilbert, AZ 85233

The Islands Neighborhood
4 Beds
3 Baths
2,757 Sq Ft
0.27 Acres

Recently Sold

$368 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Granite Countertops
  • Willis Junior High School Rated A-
  • Outdoor Fireplace
  • Covered Patio or Porch

About This Home

As of July 2025

Discover this stunning single-level waterfront home with one of the largest shorelines in the area, located in the highly sought-after Islands Lakes community. From the moment you walk through the front door, you'll be captivated by breathtaking waterfront views.

Featuring a spacious open floor plan, soaring cathedral ceilings, this home is designed for both comfort and style.

The expansive primary suite offers a large walk-in closet and direct access to the extended covered patio—perfect for enjoying serene views of your private waterfront oasis.

Live the lifestyle you've been dreaming of in this one-of-a-kind waterfront community.

Last Agent to Sell the Property

Gary Colin

Real Broker License #SA031143000 Listed on: 06/19/2025

Real Broker

Co-Listed By

Karsten Colin

Real Broker License #SA674429000

Last Buyer's Agent

Gary Colin

Real Broker License #SA031143000 Listed on: 06/19/2025

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,757 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Playground

Schools

  • Islands Elementary School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 302-98-906

Community Details

Overview

  • Association fees include ground maintenance
  • First Serv Res Association, Phone Number (480) 551-4300
  • Built by Blandford Homes LLC
  • Catalina Bay At The Islands 3 Lt 109 162 A G Subdivision
  • Community Lake

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 1993

Lot Details

0

HOA Fees

$64 per month

Parking

3

Listing Details

  • Cross Street: Warner and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 63.78
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Roof: Partial
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: CATALINA BAY AT THE ISLANDS 3 LT 109-162 A-G
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 382.68
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, Other, 1 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2757.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Waterfront Lot, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Construction:Blown Cellulose: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground
  • Association Fee: 382.68
  • Association Fee Frequency: Semi-Annually
  • Association Name: First Serv Res
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: First Serv Res
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2254.65
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 382.68
  • Association Fees:Disclosure Fees HOA: 245.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Islands Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Islands Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11783.0
  • Parcel #: 302-98-906

Building Info

  • Builder Name: Blandford Homes LLC

Tax Info

  • Tax Annual Amount: 4223.0
  • Tax Book Number: 302.00
  • Tax Lot: 124
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jul 14, 2025
Sold by
Tabar/Gaul Family Trust and Gaul Harry W
Bought by
Haugen Kevin and Haugen Jennie
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Gary Colin
Real Broker
List Price
$1,028,800
Sold Price
$1,013,455
Premium/Discount to List
-$15,345
-1.49%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.13%
Original Mortgage
$608,000
Outstanding Balance
$608,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$397,750

Purchase Details

Closed on
Oct 23, 1998
Sold by
Gaul Harry W and Tabar Gaul Lo An N
Bought by
Gaul Harry W and Tabar Gaul Lo An N
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,013,455 Magnus Title Agency
Interfamily Deed Transfer -- Transnation Title Insurance
Interfamily Deed Transfer -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $266,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $1,013,455 -1.5% $368 / Sq Ft
06/25/2025 06/25/25 For Sale $1,028,800 0.0% $373 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $1,028,800 -- $373 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,223 $52,716 -- --
2024 $4,125 $50,206 -- --
2023 $4,125 $64,620 $12,920 $51,700
2022 $3,975 $52,260 $10,450 $41,810
2021 $4,103 $49,460 $9,890 $39,570
2020 $4,072 $48,880 $9,770 $39,110
2019 $3,909 $42,230 $8,440 $33,790
2018 $3,780 $42,810 $8,560 $34,250
2017 $3,527 $38,780 $7,750 $31,030
2016 $3,395 $39,750 $7,950 $31,800
2015 $3,221 $39,700 $7,940 $31,760
Source: Public Records

Agents Affiliated with this Home

  • Gary Colin

    Seller's Agent in 2025

    Gary Colin

    Real Broker

    (602) 501-4580

    35 in this area

    107 Total Sales

    Gary Colin
    Section Image
  • Karsten Colin

    Seller Co-Listing Agent in 2025

    Karsten Colin

    Real Broker

    (602) 908-0635

    13 in this area

    137 Total Sales

    Karsten Colin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6872665

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-98-906

Arizona Maricopa County Gilbert 85233 The Islands

1241 W Lobster Trap Dr, Gilbert, AZ

This home is located at 1241 W Lobster Trap Dr, Gilbert, AZ 85233 and is currently priced at $1,013,455, approximately $367 per square foot. This property was built in 1993. 1241 W Lobster Trap Dr is a home located in Maricopa County with nearby schools including Shumway Elementary School, Willis Junior High School, and Chandler High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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