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$555,000
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Property Description
Welcome to 971 E Lobster Trap Ln in The Lakes community of Tempe, where this incredible home meets one of the most iconic lifestyles in the East Valley. Surrounded by lush tree lined streets and sparkling lakes, this neighborhood offers boating, scenic walking paths, and a true sense of community. Residents enjoy a private clubhouse, tennis courts, parks, a resort style pool, and year-round events. Perfectly located in the heart of Tempe near top dining, shopping, and freeway access. This is a rare opportunity to own in a vibrant lake community that feels like a getaway every day.
Full Property Details
Full Property Details for 971 E Lobster Trap Ln
General
- Price: $555,000
- HOA FEE: $135/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,781 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7018243
- Updated: 5/27/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Upstairs, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dryer, Washer, Electric Oven, Electric Cooktop
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 1S
- Subdivision: The Lakes
- Cross Streets: Rural Rd and Baseline Rd
Community
- Association: Yes
- Assoc. Name: The Lakes Community
- Assoc. Fees Include: Other (See Remarks)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Mission Viejo
- Exterior Const.: Stucco, Painted, Block
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,625
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Financial Considerations
- Association Fee: $405
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,781
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 144 LAKES TRACT D3 MCR 015215
- Property ID: 301-02-677
- Range: 4E
- Section: 2
- Lot Number: 144
Listed by Century 21 Seago
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Schools
Schools serving 971 E Lobster Trap Ln
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Rover Elementary School 1300 East Watson Drive, Tempe, AZ 85283 | K-5 | 0.6 mi |
Fees College Preparatory Middle School 1600 East Watson Drive, Tempe, AZ 85283 | 6-8 | 0.7 mi |
Marcos De Niza High School 6000 South Lakeshore Drive, Tempe, AZ 85283 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 971 E Lobster Trap Ln
Date
Details
Price
Change
Source
5/27/2026
Price Reduced
$555,000
-1.77%
MLS
4/23/2026
Listed
$565,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 971 E Lobster Trap Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,781
—
$26,678
-44%
2025
$2,781
14%
$47,550
4%
2022
$2,437
—
$45,720
13%
2022
$2,437
—
$40,520
32%
2022
$2,437
-2%
$30,710
7%
2021
$2,485
3%
$28,750
8%
2020
$2,403
2%
$26,530
4%
2019
$2,356
3%
$25,550
12%
2018
$2,293
3%
$22,770
6%
2017
$2,222
—
$21,520
5%
2016
$2,211
3%
$20,510
10%
2015
$2,138
1%
$18,630
15%
2014
$2,114
11%
$16,200
14%
2013
$1,912
—
$14,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 971 E Lobster Trap Ln
971 E Lobster Trap Lane, Tempe, AZ 85283 (MLS# 7018243) is a Single Family property with 4 bedrooms and 2 full bathrooms. 971 E Lobster Trap Lane is currently listed for $555,000 and was received on April 23, 2026. Want to learn more about 971 E Lobster Trap Lane? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

