NOT LISTED FOR SALE

1525 W Lobster Trap Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $417,270 - $434,000

2 Beds
2 Baths
1,284 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $330,000 $257 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,420/month

3 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Private Yard
  • Willis Junior High School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of December 2020

Amazing home in Harbor Cove at the Islands! Completely updated throughout including bathrooms, & kitchen, fresh paint & new carpet. Open floor plan with great room w/vaulted ceilings and dramatic floor to ceiling stone fireplace. Living room overlooks a large sitting backyard w/view fencing & walking area w/no neighbors behind. Beautiful 16in diagonal tile in walkways, kitchen & bathroom. Eat in kitchen has a lot of storage & double door pantry. Large master bedroom w/sliding glass door to backyard. Classy Closet organizers in both bedrooms. AZ reflective window tint, sunscreens. Community includes pool/spa & jogging trails with access to the lake. A must see.

Last Agent to Sell the Property

Becky Delerme

SGI Property Mngmnt/Real Estate License #SA535279000 Listed on: 12/11/2020

Last Buyer's Agent

Gary Loesl

Real Broker License #SA685279000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1987

Lot Details

  • 4,508 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Shumway Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 302-37-542

Community Details

Overview

  • Association fees include ground maintenance
  • Golden Valley Pm Association, Phone Number (480) 545-7740
  • Harbor Cove Association, Phone Number (602) 294-0999
  • Association Phone (602) 294-0999
  • The Islands Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,583

Year Built

Built in 1987

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Cross Street: Warner & Mcqueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Harbor Cove
  • HOA #2 Phone Number: 602.294.0999
  • HOA #2 Transfer Fee: 100.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 107.47
  • Basement: N
  • Bathrooms Year Updated: 2020
  • Items Updated Kitchen Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: The Islands
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 257.0
  • Association Fees:HOA Fee2: 314.84
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1284.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Pool, Playground, Biking/Walking Path
  • Association #2 Fee: 55.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 314.84
  • Association Fee Frequency: Semi-Annually
  • Association: Harbor Cove
  • Association Name: The Islands
  • Association Phone #2: 602.294.0999
  • Phone: 480-545-7740
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: The Islands
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 519.09
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: First Service Res
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: Golden Valley PM

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Shumway Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4508.0
  • Parcel #: 302-37-542

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1583.0
  • Tax Book Number: 302.00
  • Tax Lot: 87
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Toy James and Toy Mary Jean
Bought by
James J Toy Revocable Living Trust and Toy
Current Estimated Value
$425,068

Purchase Details

Listed on
Dec 11, 2020
Closed on
Dec 23, 2020
Sold by
Humpymelt Llc
Bought by
Toy James and Toy Mary Jean
Seller's Agent
Becky Delerme
SGI Property Mngmnt/Real Estate
Buyer's Agent
Gary Loesl
Real Broker
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Sep 28, 2020
Sold by
Mellegaard Scott C
Bought by
Humpymelt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2004
Sold by
Butler Helen Id
Bought by
Mellegaard Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Butler Jill Ann
Bought by
Butler Helen Ida

Purchase Details

Closed on
Jul 18, 2000
Sold by
Burtram Michael R
Bought by
Butler Jill Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,110
Interest Rate
10.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1998
Sold by
Burtram Deana Jane
Bought by
Burtram Michael R
Source: Public Records
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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
James J Toy Revocable Living Trust -- None Listed On Document
Toy James $328,500 American Title Svc Agcy Llc
Humpymelt Llc $235,000 American Title Svc Agcy Llc
Mellegaard Scott C $158,000 Fidelity National Title
Butler Helen Ida -- --
Butler Jill Ann $117,900 First Southwestern Title
Burtram Michael R -- First Southwestern Title
Burtram Michael R $97,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humpymelt Llc $230,000
Previous Owner Mellegaard Scott C $126,400
Previous Owner Butler Jill Ann $106,110
Closed Mellegaard Scott C $31,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $330,000 0.0% $257 / Sq Ft
12/11/2020 12/11/20 For Sale $329,900 0.0% $257 / Sq Ft
03/19/2015 03/19/15 Rented $1,245 -3.5% --
03/18/2015 03/18/15 Under Contract -- -- --
01/15/2015 01/15/15 For Rent $1,290 -- --
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 $1,349 $17,836 -- --
2024 $1,333 $16,986 -- --
2023 $1,333 $29,460 $5,890 $23,570
2022 $1,287 $22,000 $4,400 $17,600
2021 $1,347 $20,780 $4,150 $16,630
2020 $1,583 $18,770 $3,750 $15,020
2019 $1,527 $17,050 $3,410 $13,640
2018 $1,483 $15,560 $3,110 $12,450
2017 $1,398 $13,820 $2,760 $11,060
2016 $1,354 $14,220 $2,840 $11,380
2015 $1,295 $13,620 $2,720 $10,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6170612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-37-542