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1501 W Lobster Trap Dr; Gilbert, AZ Property Details

1501 W Lobster Trap Dr, Gilbert, AZ is a Single Family that was built in 1988. This property is currently a cash purchase and is not for sale. Our records show that 1501 W Lobster Trap Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,284 square feet. The lot size of 1501 W Lobster Trap Dr is 4,647 square feet.

Off market
1501 W Lobster Trap Dr Gilbert, AZ 85233
$204,000 Listing Price
2 Beds
2 Baths
1,284 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Purchase Price: $204,000
  • Open Loans / Balance: 1 / $298,370
  • Est. Equity / %: $111,630 / 27.23%
  • Gross Yield: 6.296%
  • APN: 302-37-548
  • Situs County: Maricopa
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Concrete

Measurements

  • Total: 1,284/SqFt
  • Lot: 4,647/SqFt
  • Gross: 1,284/SqFt
  • Living: 1,284/SqFt
  • Building: 1,284/SqFt
  • Ground: 1,284/SqFt
  • Price Per Square Foot: $158.88

Legal Description

  • Description: PARCEL 31 AT THE ISLANDS AMD MCR 321-08
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chandler Unified District
  • Lat / Lon: 33.333218 / -111.82203
  • Subdivision: Parcel 31 At The Islands Amd
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 0131

Amenities

  • Plus Four: 7408
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $364
  • H O A Amount: $364
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Islands Community Association
  • H O A One Type: Home Owner Association

Ownership Info

1501 W Lobster Trap Dr has no associated ownership info
1501 W Lobster Trap Dr has no associated ownership info.

Taxes

1501 W Lobster Trap Dr has 9 associated Taxes items

1501 W Lobster Trap Dr, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $18,005. The APN we've located for 1501 W Lobster Trap Dr is 302-37-548.

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Taxes
  • Assessed Value:  $18,005
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-37-548
  • Market Land Value:  65100
  • Tax Amount:  1393.9
  • Tax Year:  2025
  • Market Value:  325700
  • Market Year:  2025

Tax History

1501 W Lobster Trap Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,005 Land Value Improvement Value Tax Amount $1,393.9 Change Rate +0.011994% Assessed CR Tax Rate +0.077417%
Year 2024 Assessed Value $17,148 Land Value Improvement Value Tax Amount $1,377.38 Change Rate +0.023496% Assessed CR Tax Rate +0.080323%
Year 2023 Assessed Value $29,700 Land Value $5,940 Improvement Value $23,760 Tax Amount $1,345.76 Change Rate +0.035933% Assessed CR Tax Rate +0.045312%
Year 2022 Assessed Value $22,170 Land Value $4,430 Improvement Value $17,740 Tax Amount $1,299.08 Change Rate -0.044513% Assessed CR Tax Rate +0.058596%
Year 2021 Assessed Value $20,970 Land Value $4,190 Improvement Value $16,780 Tax Amount $1,359.6 Change Rate +0.004462% Assessed CR Tax Rate +0.064835%
Year 2020 Assessed Value $18,950 Land Value $3,790 Improvement Value $15,160 Tax Amount $1,353.56 Change Rate +0.03984% Assessed CR Tax Rate +0.071428%
Year 2019 Assessed Value $17,220 Land Value $3,440 Improvement Value $13,780 Tax Amount $1,301.7 Change Rate +0.033358% Assessed CR Tax Rate +0.075592%
Year 2018 Assessed Value $15,720 Land Value $3,140 Improvement Value $12,580 Tax Amount $1,259.68 Change Rate +0.068558% Assessed CR Tax Rate +0.080132%
Year 2017 Assessed Value $13,960 Land Value $2,790 Improvement Value $11,170 Tax Amount $1,178.86 Change Rate +0.035341% Assessed CR Tax Rate +0.084446%
Year 2016 Assessed Value $14,360 Land Value $2,870 Improvement Value $11,490 Tax Amount $1,138.62 Change Rate +0.034827% Assessed CR Tax Rate +0.079291%
Year 2015 Assessed Value $13,750 Land Value $2,750 Improvement Value $11,000 Tax Amount $1,100.3 Change Rate -0.023414% Assessed CR Tax Rate +0.080022%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,126.68 Change Rate Assessed CR Tax Rate