NOT LISTED FOR SALE

1537 W Lobster Trap Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $400,711 - $434,000

2 Beds
2 Baths
1,284 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $220,000 $171 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,541/month

3 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • Eat-In Kitchen
  • Willis Junior High School Rated A-
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of February 2017

Welcome to the Islands! Premier Gilbert Community full of lakes, parks, trails and community spaces. This beautiful home is perfect for seasonal visitors or first time home buyers. Meticulously maintianed and well cared for this home features stainless steel appliances, all new dual pane windows, updated bathrooms and tasteful designer touches. Ample space for living and entertaining. Low mainenance back yard for easy care. Nice covered patio and separate master bedroom entrance. 2 car attached garage. 2 bedrooms and 2 full baths. Community pool and park just around the corner. The Islands offers community living at it's best with many community events and activities.

Last Agent to Sell the Property

Mark Newman

Realty ONE Group License #BR549923000 Listed on: 01/10/2017

Co-Listed By

Mickie Newman

Realty ONE Group License #SA659537000

Last Buyer's Agent

Andrea Mackenzie

Redfin Corporation License #SA660952000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1987

Lot Details

  • 4,500 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 302-37-539

Community Details

Overview

  • Association fees include ground maintenance
  • First Services Association, Phone Number (602) 294-0999
  • The Islands Association, Phone Number (480) 545-7740
  • Association Phone (480) 545-7740
  • Islands Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,128

Year Built

Built in 1987

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • Cross Street: Warner and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • HOA #2 Phone Number: 480-545-7740
  • HOA #2 Transfer Fee: 155.0
  • 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: 98.59
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2015
  • Directions: South on McQueen. East on Highland. North on Abalone. West on Shellfish. Follow around to Lobster Trap. House on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: nere001
  • Co List Office Phone: 480-993-8653
  • Subdivision Name: Islands
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 55.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1284.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association #2 Fee: 261.51
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Harbor Cove
  • Association Phone #2: 480-545-7740
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Harbor Cove
  • Association Fees:HOA Telephone4: 602-294-0999
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Golden Valley PRops
  • Association Fees:HOA Management Phone: 602-294-0999
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2: 42706.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fees:HOA Management Company 2: First Services
  • Association Fees:HOA Management Phone 2: 480-545-7740

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4500.0
  • Parcel #: 302-37-539
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1128.0
  • Tax Book Number: 302.00
  • Tax Lot: 84
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Feb 6, 2017
Sold by
Meli Stephen and Meli Nicole
Bought by
Elder Robert L and Elder Kimberly A
Seller's Agent
Mark Newman
Realty ONE Group
Buyer's Agent
Andrea Mackenzie
Redfin Corporation
List Price
$22,000
Sold Price
$220,000
Premium/Discount to List
$198,000
900%
Total Days on Market
3
Current Estimated Value
$414,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,178
Avg. Annual Appreciation
8.01%
Original Mortgage
$176,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jan 13, 2014
Sold by
Roper Rita A
Bought by
Meli Stephen and Meli Nicole
Seller's Agent
Bill Winward
CPA Advantage Realty, LLC
Buyer's Agent
Harlan Stork
Realty Executives
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$163,000
Interest Rate
4.26%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2012
Sold by
Boardman James W and Boardman Patricia A
Bought by
Roper Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,890
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2010
Sold by
Boardman Patricia A
Bought by
James W & Patricia A Boardman Family Tru and Boardman James W

Purchase Details

Closed on
Oct 24, 2000
Sold by
Knytych James
Bought by
Bathurst Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,321
Interest Rate
7.89%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Elder Robert L $220,000 Driggs Title Agency Inc
Meli Stephen $163,000 Sonoran Title Services Inc
Roper Rita A $120,000 Lawyers Title Of Arizona Inc
James W & Patricia A Boardman Family Tru -- None Available
Bathurst Patricia A $116,500 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Robert L $210,000
Closed Elder Robert L $176,000
Previous Owner Meli Stephen $162,629
Previous Owner Meli Stephen $163,000
Previous Owner Roper Rita A $109,890
Previous Owner Bathurst Patricia A $104,000
Previous Owner Bathurst Patricia A $19,125
Previous Owner Bathurst Patricia A $116,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $220,000 +900.0% $171 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $22,000 -86.5% $17 / Sq Ft
01/14/2014 01/14/14 Sold $163,000 -4.1% $127 / Sq Ft
10/19/2013 10/19/13 For Sale $169,900 -- $132 / 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 $1,404 $17,836 -- --
2024 $1,601 $16,986 -- --
2023 $1,601 $29,450 $5,890 $23,560
2022 $1,551 $22,000 $4,400 $17,600
2021 $1,592 $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 $15,550 $3,110 $12,440
2017 $1,398 $13,820 $2,760 $11,060
2016 $1,128 $14,210 $2,840 $11,370
2015 $1,090 $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: 5544701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-37-539