$163,000
SOLD JAN 14, 2014

1537 W Lobster Trap Dr Gilbert, AZ 85233

The Islands Neighborhood
2 Beds
2 Baths
1,284 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

4% Below List Price

55 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Skylights
  • Willis Junior High School Rated A-
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of February 2017

Show this beautiful Islands single family residence and sell!! This property is ideally located in the Islands in a beautiful neighborhood of affordable, single family homes. This open floor plan features vaulted ceilings, two skylights, a huge great room and is tiled for easy maintenance. It is also very open and bright. The large eat-in kitchen includes a newer stainless steel refrigerator. The back yard is very private and backs to a greenbelt. The private community pool is shared by only this small subdivision. There are 3 private lakes in the master planned community. Desert front landscaping for easy enjoyment.

Last Agent to Sell the Property

Bill Winward

CPA Advantage Realty, LLC License #BR014024000 Listed on: 10/19/2013

Last Buyer's Agent

Harlan Stork

Realty Executives Arizona Territory License #SA043845000

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1987

Lot Details

  • 4,500 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

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

Community Details

Overview

  • Association fees include ground maintenance
  • Harbor Cove HOA, Phone Number (480) 967-7182
  • Golden Valley Pm Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • The Islands Subdivision

Recreation

  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1987

Lot Details

0

HOA Fees

$93 per month

Parking

2

Listing Details

  • Cross Street: Warner and McQueen Rds
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Golden Valley PM
  • HOA #2 Phone Number: 480-551-*4300
  • 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: 92.8
  • 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: 2013
  • Directions: From Warner and McQueen Rds, go south on McQueen, East on Highland, North on Abalone, left on Shellfish, right on Sailfish, right on Lobster Trap to the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: The Islands
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 52.9
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1284.0
  • Stories: 1
  • Window Features: Skylight(s)
  • 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
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Biking/Walking Path
  • Association #2 Fee: 239.41
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 52.9
  • Association Fee Frequency: Monthly
  • Association: Golden Valley PM
  • Association Name: Harbor Cove HOA
  • Association Phone #2: 480-551-*4300
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Harbor Cove HOA
  • Association Fees:HOA Telephone4: 480-967-7182
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 931.0
  • 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%
Current Estimated Value
$422,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,633
Avg. Annual Appreciation
7.94%
Original Mortgage
$176,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 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 Arizona Territory
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

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 $220,000 Driggs Title Agency Inc
Warranty Deed $163,000 Sonoran Title Services Inc
Warranty Deed $120,000 Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $116,500 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Closed $176,000 New Conventional
Previous Owner $162,629 VA
Previous Owner $163,000 VA
Previous Owner $109,890 FHA
Previous Owner $104,000 Unknown
Previous Owner $19,125 Credit Line Revolving
Previous Owner $116,321 FHA
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: 5018266

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-37-539