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Property Description
Beautifully updated home just steps from the lake in the highly sought-after Lakes community! From the moment you arrive, you'll be drawn in by the inviting curb appeal featuring lush landscaping, a charming paver courtyard, and lake access just one home over. Inside, soaring vaulted ceilings and a cozy fireplace create a warm and welcoming atmosphere. The remodeled kitchen is a standout, offering quartz countertops, upgraded cabinetry with hardware, stainless steel appliances, and an expanded layout with abundant counter space and additional storage. Natural light pours in through multiple windows and Arcadia doors off the kitchen, family room, and primary suite, creating an open and airy feel throughout. The private backyard is perfect for relaxing or entertaining, complete with a sparkling blue pool, covered patio off the primary suite, and low-maintenance landscaping. Located in the heart of Tempe, this home offers unbeatable access to Arizona State University, Sky Harbor Airport, Scottsdale, premier shopping, dining, sporting events, public transportation, and the light rail. The Lakes community features a stunning 40-acre lake with boating activities, along with a community pool, clubhouse, fitness center, tennis courts, and pickleball courts, bringing resort-style living right to your doorstep.
Full Property Details
Full Property Details for 975 E Lobster Trap Ln
General
- Price: $550,000
- HOA FEE: $135/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,642 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7021826
- Updated: Today (5/1/2026)
- Added to Site: Today
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Outdoor, Play Pool
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 1S
- Subdivision: LAKES TRACT D3
- Cross Streets: Rural Road/Guadalupe Road
Community
- Association: Yes
- Assoc. Name: Lakes Community
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shake
- Windows: Screens
- Sq. Ft. Source: Assessor
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,486
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
Financial Considerations
- Association Fee: $405
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,642
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 145 LAKES TRACT D3 MCR 015215
- Property ID: 301-02-678
- Range: 4E
- Section: 2
- Lot Number: 145
Listed by Instasold
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Schools
Schools serving 975 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 | 0.5 mi |
Fees College Preparatory Middle School 1600 East Watson Drive, Tempe, AZ 85283 | 6-8 | 0.6 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 975 E Lobster Trap Ln
Date
Details
Price
Change
Source
5/01/2026
Listed
$550,000
—
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 975 E Lobster Trap Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,642
8%
$44,870
10%
2024
$2,454
1%
$40,680
-6%
2023
$2,424
5%
$43,430
13%
2022
$2,315
—
$38,450
31%
2022
$2,315
-2%
$29,250
7%
2021
$2,361
3%
$27,210
9%
2020
$2,282
2%
$24,980
5%
2019
$2,239
3%
$23,810
13%
2018
$2,178
3%
$21,160
6%
2017
$2,110
—
$19,900
5%
2016
$2,100
3%
$18,870
10%
2015
$2,031
2%
$17,180
15%
2014
$1,985
9%
$14,970
11%
2013
$1,816
—
$13,470
—
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 975 E Lobster Trap Ln
975 E Lobster Trap Lane, Tempe, AZ 85283 (MLS# 7021826) is a Single Family property with 3 bedrooms and 2 full bathrooms. 975 E Lobster Trap Lane is currently listed for $550,000 and was received on May 01, 2026. Want to learn more about 975 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.

