$526,800
- 4 Beds
- 2.5 Baths
- 1,762 sqft
971 E LOBSTER TRAP Lane, Tempe, AZ 85283
Est. Refi. Payment $3,070/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 22, 2026 for $525,000 (3% below list price)
Home Value
Trulia Estimate
$527KSince last month
Increased$300 (+0.1%)Since last year
Decreased$2K (-0.3%)Since last sale
Increased$3K (+0.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $528K |
| August 2026 | $527K |
| July 2026 | $533K |
| June 2026 | $535K |
| May 2026 | $548K |
| April 2026 | $565K |
| March 2026 | $545K |
| February 2026 | $542K |
| January 2026 | $535K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $599,000 | 05/08/26 | 4 | 2.5 | 1,872 | |
0.09 | Single-Family Home | $465,000 | 04/06/26 | 3 | 2 | 1,613 | |
0.08 | Single-Family Home | $580,000 | 04/30/26 | 3 | 2 | 1,422 | |
0.06 | Single-Family Home | $639,000 | 10/29/25 | 3 | 2 | 1,422 | |
0.05 | Single-Family Home | $750,000 | 04/17/26 | 3 | 2.5 | 2,286 | |
0.09 | Single-Family Home | $705,000 | 11/19/25 | 4 | 3 | 2,718 | |
0.10 | Single-Family Home | $675,000 | 08/28/26 | 3 | 2 | 1,947 | |
0.11 | Single-Family Home | $687,500 | 11/20/25 | 4 | 2 | 2,511 | |
0.12 | Single-Family Home | $632,000 | 07/23/26 | 3 | 2 | 2,363 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $606,300 | 3 | 2 | 1,554 | Off Market | |
0.03 | $589,500 | 3 | 2 | 1,601 | For Sale | |
0.04 | $599,000 | 4 | 2.5 | 1,872 | Recently Sold | |
0.06 | $628,800 | 3 | 2 | 1,422 | Off Market | |
0.05 | $750,000 | 3 | 2.5 | 2,286 | Recently Sold | |
0.06 | $462,700 | 2 | 2 | 1,316 | Off Market | |
0.05 | $709,800 | 4 | 3 | 2,469 | Off Market | |
0.08 | $580,000 | 3 | 2 | 1,422 | Recently Sold | |
0.09 | $694,400 | 4 | 3 | 2,718 | Off Market | |
0.09 | $465,000 | 3 | 2 | 1,613 | Recently Sold | |
0.09 | $667,100 | 3 | 3 | 2,469 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1973
1,762 sqft
$298/sqft
Garage
HOA $135/mo
About this House
What's unique:Lush tree lined streetsSparkling lakes
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.
971 E LOBSTER TRAP Lane, Tempe, AZ 85283 is a 4 bedroom, 3 bathroom, 1,762 sqft single-family home in The Lakes, built in 1973. It last sold for $525,000 on Sep 22, 2026 (3% below the $539,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $526,800, with a rent estimate of $2,687/month.
Last check for updates: about 2 hours ago
Listed by Shane W Peterlin, (480) 227-2019
Century 21 Seago
Bought with: Annette M Champagne, (602) 413-3786, HomeSmart
Source: ARMLS, MLS#7018243

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 971 E LOBSTER TRAP Lane
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1762 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Electric Oven, Electric CooktopDryerWasher |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningSpa: NoneHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Laminate, Tile |
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Exterior Home Features Roof: TileFencing: Block, Wood |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Garage, Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 152 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Painted, BlockNot Attached Property |
Property Information Usage of Home: RanchParcel Number: 30102677 |
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Price List Price: $539,000Price Per Sqft: $298/sqft |
Status Change & Dates Off Market Date: Tue Sep 22 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: TempeCommunity: The Lakes |
School Information Elementary School: Rover Elementary SchoolElementary School District: Tempe School DistrictJr High / Middle School: Fees College Preparatory Middle SchoolHigh School: Marcos De Niza High SchoolHigh School District: Tempe Union High School District |
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Building Details Builder Name: Mission Viejo |
Building Area Building Area: 1762 Square Feet |
Community rooms Fitness Center |
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Community Features: Pool, Racquetball, Pickleball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Community Media Room, Tennis Court(s), Biking/Walking Path, Fitness Center |
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HOA Fee Includes: Other (See Remarks)HOA Name: The Lakes CommunityHOA Phone: 480-838-1023Has an HOAHOA Fee: $405/Quarterly |
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Lot Area: 6625 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 7018243 |
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PoolRacquetballPickleballLakeCommunity SpaCommunity Spa HtdNear Bus StopCommunity Media RoomTennis Court(s)Biking/Walking Path |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 22, 2026 Source: ARMLS #7018243 | Sold | $525,000 |
Aug 6, 2026 Source: ARMLS #7018243 | PriceChange | $539,000 Price decreased by 1% |
Jun 25, 2026 Source: ARMLS #7018243 | PriceChange | $545,000 Price decreased by 2% |
May 28, 2026 Source: ARMLS #7018243 | PriceChange | $555,000 Price decreased by 2% |
Apr 23, 2026 Source: ARMLS #7018243 | Listed For Sale | $565,000 |
Nov 10, 1987 Source: N/A | Sold | $98,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,768 | $429,100 |
Home facts updated by county records
Market trends in Tempe
Last updated August 2026
Avg. sale price
$461K
$1.5KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0MoM
Available listings
593
22MoM
Around this home
What Locals Say about The Lakes
At least 1 Trulia users voted on each feature.
100 % Say neighbors are friendly
100 % Say there are community events
100 % Say they plan to stay for at least 5 years
100 % Say car is needed
100 % Say people would walk alone at night
100 % Say there are sidewalks
100 % Say streets are well-lit
100 % Say it's dog friendly
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say parking is easy
67 % Say there's holiday spirit
50 % Say it's walkable to restaurants
50 % Say kids play outside
50 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 971 E LOBSTER TRAP Lane
- What is 971 E LOBSTER TRAP Lane estimated to be worth?Trulia's estimated value for 971 E LOBSTER TRAP Lane in Tempe, AZ is $526,800.
- What is the price history for 971 E LOBSTER TRAP Lane?971 E LOBSTER TRAP Lane in Tempe, AZ last sold for $525,000 in September 2026.
- Is Tempe a buyer's or seller's market?Tempe is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
- Does 971 E LOBSTER TRAP Lane have air conditioning?Yes, 971 E LOBSTER TRAP Lane in Tempe, AZ has air conditioning.
- Does 971 E LOBSTER TRAP Lane have a pool?Yes, 971 E LOBSTER TRAP Lane in Tempe, AZ has a pool.

