NOT LISTED FOR SALE

938 E Lobster Trap Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $510,826 - $571,000

4 Beds
2 Baths
1,601 Sq Ft
$341/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $325,000 $203 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,174/month

54 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Vaulted Ceiling
  • Rover Elementary School Rated A-
  • Clubhouse
  • Granite Countertops

About This Home

As of August 2019

Lakes 52 acre waterway.5.5 miles water frontage, Highly desired & hard to find Lakes remodeled 4 BDR SINGLE LEVEL. KT granite counters & stainless steel appliances. 2013 KT cabinets. Large 20 ''travertine-like tile floors. Updated carpet & Pergo wood floors in BDRS. Remodeled Bathrooms. Hi Vaulted Great Room entry. White blinds thru out. All bedrooms spacious. Master large walk-in closet. Large Master Bath shower. Hallway bath is tub & shower. Gated front entry. 2013 tile roof $14k. 2016 garage door opener.
French doors to private, quiet ez care rock backyard. Walls & back exterior freshly painted. Big shade tree & grass in front. Tree shaded street.Boat & fish at the Lakes. All amenities-gigantic heated pool, spa, saunas, tennis courts, aerobic & weight rooms,RB, VV, BB, kid area.

Last Agent to Sell the Property

Ann L. Heins

Citiea License #BR042682000 Listed on: 05/16/2019

Citiea

Co-Listed By

Ralph Heins

Citiea License #BR042677000

Last Buyer's Agent

Ann L. Heins

Elite Partners License #BR042682000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1973

Lot Details

  • 6,007 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,601 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 301-02-658

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Comm. Assoc. Association, Phone Number (480) 838-1023
  • Lakes Tract D3 Subdivision, 4 Bdr Single Level Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,455

Year Built

Built in 1973

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: BASELINE & RURAL
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 103.33
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2018
  • Directions: East to Lakeshore. Sign ''The Lakes''. South past lake bridge, 2 restaurants, Lakes Clubhouse to stop sign. West to Westshore then north to Lobster Trap. North side 6 houses from Westshore
  • Master Model: 4 BDR Single Level
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: aznv01
  • Co List Office Phone: 480-797-2896
  • Subdivision Name: LAKES TRACT D3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 310.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1601.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Concrete
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Comm. Assoc.
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Lakes Comm. Assoc.
  • Association Fees:HOA Telephone4: 480-838-1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6007.0
  • Parcel #: 301-02-658
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2455.0
  • Tax Book Number: 301.00
  • Tax Lot: 125
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 30, 2019
Sold by
938 E Lobster Llc
Bought by
Trevino Alfred Benjamin and Trevino Mia Vasquez
Seller's Agent
Ann L. Heins
Citiea
Buyer's Agent
Ann L. Heins
Citiea
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%
Total Days on Market
54
Current Estimated Value
$545,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,457
Avg. Annual Appreciation
9.29%
Original Mortgage
$325,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2014
Sold by
Kelkar Suhas Arvind and Kelkar Medha Suhas
Bought by
938 E Lobster Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2013
Closed on
Oct 23, 2013
Sold by
Martin Marcie L
Bought by
Kelkar Suhas Arvind and Kelkar Medha Suhas
Seller's Agent
Steve Oliverio
HomeSmart
Buyer's Agent
Leonard Meyer
Heins Realty
List Price
$235,000
Sold Price
$227,000
Premium/Discount to List
-$8,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Mar 27, 2005
Sold by
Comeau Brian Matthew
Bought by
Martin Marcie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1996
Sold by
Beucus Elizabeth L
Bought by
Comeau Brian Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,454
Interest Rate
7.97%
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
Trevino Alfred Benjamin $325,000 Greystone Title Agency Llc
938 E Lobster Llc -- None Available
Kelkar Suhas Arvind $227,000 Chicago Title Agency Inc
Martin Marcie L $226,900 Capital Title Agency Inc
Comeau Brian Matthew $103,390 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trevino Alfred Benjamin $330,762
Closed Trevino Alfred Benjamin $330,762
Closed Trevino Alfred Benjamin $325,000
Previous Owner 938 E Lobster Llc $175,000
Previous Owner Martin Marcie $14,000
Previous Owner Martin Marcie L $180,000
Previous Owner Comeau Brian Matthew $160,200
Previous Owner Comeau Brian M $97,054
Previous Owner Comeau Brian Matthew $102,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $325,000 -1.5% $203 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $329,900 0.0% $206 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $329,900 -2.9% $206 / Sq Ft
05/30/2019 05/30/19 Price Changed $339,900 -2.9% $212 / Sq Ft
05/16/2019 05/16/19 For Sale $349,900 +54.1% $219 / Sq Ft
10/24/2013 10/24/13 Sold $227,000 -3.4% $142 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $235,000 -- $147 / 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 $2,116 $24,759 -- --
2024 $2,368 $23,580 -- --
2023 $2,368 $36,960 $7,390 $29,570
2022 $2,262 $28,150 $5,630 $22,520
2021 $2,306 $26,220 $5,240 $20,980
2020 $2,230 $24,110 $4,820 $19,290
2019 $2,518 $22,820 $4,560 $18,260
2018 $2,455 $20,410 $4,080 $16,330
2017 $2,382 $19,150 $3,830 $15,320
2016 $2,365 $18,160 $3,630 $14,530
2015 $2,272 $16,560 $3,310 $13,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5926813

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-658