$227,000
SOLD OCT 24, 2013

938 E Lobster Trap Ln Tempe, AZ 85283

The Lakes Neighborhood
4 Beds
2 Baths
1,601 Sq Ft
6,007 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Clubhouse
  • Rover Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of August 2019

Really sweet remodel, kitchen, baths and paint recently remodeled with granite counters, new cabinets and appliances. Plus a new Tile Roof! Excellent Location, Close to Malls, Freeways, ASU, Dining, Parks. Lots of Shade Around House and Backyard, Easy Maintenance, Great Quiet Neighborhood. All Lakes Amenities- Boat, Fish, Workout Gym, Pool, Spa, Sauna, Tennis,Lots of social Activities. A total lifestyle experience!

Last Agent to Sell the Property

Steve Oliverio

HomeSmart License #BR007189000 Listed on: 09/28/2013

HomeSmart

Co-Listed By

Inge Oliverio

HomeSmart License #SA027184000

Last Buyer's Agent

Leonard Meyer

Heins Realty License #BR529400000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,054

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

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
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

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

  • Property has a Home Owners Association
  • The Lakes Association, Phone Number (480) 838-1023
  • The Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: BASELINE & RURAL
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.66
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2005
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2005
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2005
  • 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
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: South on Rural, First Left in Lakes, Immediate Right (South) on Access Road, Left on Lobster Trap Ln. to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: THE LAKES
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • 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:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front
  • Pool Features: Community, Heated, None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Concrete
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Laundry:In Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Tennis Court(s), Playground, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: THE LAKES
  • 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: THE LAKES
  • 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_: $

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • 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: 2053.8
  • 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%
Current Estimated Value
$541,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,805
Avg. Annual Appreciation
8.95%
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
7.66%

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

Range of Values:

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Average Value
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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 $325,000 Greystone Title Agency Llc
Warranty Deed -- None Available
Cash Sale Deed $227,000 Chicago Title Agency Inc
Warranty Deed $226,900 Capital Title Agency Inc
Warranty Deed $103,390 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,762 VA
Closed $330,762 VA
Closed $325,000 VA
Previous Owner $175,000 Purchase Money Mortgage
Previous Owner $14,000 Credit Line Revolving
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $160,200 Unknown
Previous Owner $97,054 FHA
Previous Owner $102,454 FHA
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: 5006260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-658