NOT LISTED FOR SALE

1297 W Lobster Trap Dr Unit 3 Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $896,605 - $1,064,000

5 Beds
3 Baths
2,719 Sq Ft
$353/Sq Ft Est. Value

About This Home

This home is located at 1297 W Lobster Trap Dr Unit 3, Gilbert, AZ 85233 and is currently estimated at $959,401, approximately $352 per square foot. 1297 W Lobster Trap Dr Unit 3 is a home located in Maricopa County with nearby schools including Shumway Elementary School, Willis Junior High School, and Chandler High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2016
Sold by
Robinson Brad
Bought by
Gahm Bruce J and Gahm Sara L
Current Estimated Value
$959,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$298,651
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$660,750

Purchase Details

Closed on
Mar 10, 2011
Sold by
Kimball Sy
Bought by
Robinson Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,712
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
Reid Robert P and Reid Linda L
Bought by
Sy Kimberly Revocable Trust

Purchase Details

Closed on
May 10, 2007
Sold by
Reid Robert P and Reid Linda P
Bought by
Reid Robert P and Reid Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2004
Sold by
Karr Linda L and Reid Robert P
Bought by
Reid Robert P and Karr Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2000
Sold by
Leung Samuel S H and Leung Carol O K
Bought by
Karr Linda L and Reid Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
11.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Gahm Bruce J $465,000 Security Title Agency Inc
Robinson Brad $385,000 First American Title Ins Co
Sy Kimberly Revocable Trust $340,000 None Available
Reid Robert P -- Archer Land Title Inc
Reid Robert P -- Fidelity National Title Co
Karr Linda L $292,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gahm Bruce J $372,000
Previous Owner Robinson Brad $349,712
Previous Owner Reid Robert P $685,000
Previous Owner Reid Robert P $312,000
Previous Owner Karr Linda L $235,500
Closed Karr Linda L $30,000
Closed Reid Robert P $78,000
Source: Public Records

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 $4,376 $53,544 -- --
2024 $4,199 $50,994 -- --
2023 $4,199 $62,970 $12,590 $50,380
2022 $4,047 $50,470 $10,090 $40,380
2021 $4,177 $47,670 $9,530 $38,140
2020 $4,146 $46,900 $9,380 $37,520
2019 $3,979 $40,770 $8,150 $32,620
2018 $3,848 $41,330 $8,260 $33,070
2017 $3,591 $38,070 $7,610 $30,460
2016 $3,457 $38,950 $7,790 $31,160
2015 $3,281 $39,270 $7,850 $31,420
Source: Public Records

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