NOT LISTED FOR SALE

165 Rainbow Place Milpitas, CA 95035

Estimated Value: $1,110,000 - $1,274,000

3 Beds
3.5 Baths
1,404 Sq Ft
$833/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $1,072,121 $764 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,321/month

7 Days on Market

Highlights

  • Private Pool
  • Two Primary Bedrooms
  • Main Floor Bedroom
  • Mabel Mattos Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2021

Beautiful end-unit townhome in the highly desirable Parc Metro community. Premium location with pool views. 3 bedrooms, 3.5 bathrooms, 1404 square feet home with spacious living room, dining and an attached 2 car garage. Each bedroom has its own full bath. Excellent floor plan. Plenty of natural light throughout and excellent cross ventilation. 2 spacious master suites are located on the top floor, 1 guest bedroom suite on the ground floor. Kitchen with recessed lights, stainless steel appliances, smart oven, granite counter top with full backsplash, and plenty of storage space. A cozy backyard is for outdoor enjoyment. Hardwood floors in the living area. Nest thermostat and smart switches. Community has a pool, spa, clubhouse and play structures. Low HOA fees. Walking distance to Great Mall, BART, VTA station, the new Trader Joe's, and restaurants. Convenient location - Close to Hwy 880, 680, 237 and Montague Expy. Great location!

Last Agent to Sell the Property

Manoj Thomas

Cascade California Realty, Inc. License #01808737 Listed on: 08/25/2021

Last Buyer's Agent

Upasna Gupta

Excel Realty License #01953773

Excel Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2000

Lot Details

  • 1,490

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • 1,490 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include landscaping / gardening, maintenance - common area, pool spa or tennis
  • Parc Metro Association

Townhouse Details

Home Type

Townhome

Year Built

2000

Lot Details

1,490 Sq Ft Lot

HOA Fees

$240 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1404
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2000

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Oven Range - Built-In
  • Fireplace: Yes
  • Living Sq Ft: 1404
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Stall Shower, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Community Facility, Spa - In Ground

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 240
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Parc Metro Association

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0342
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1488.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1488.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Pradeep and Aishwarya
Bought by
Pradeep Mohan Revocable Trust
Current Estimated Value
$1,169,604

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 30, 2021
Sold by
Shetty Sunil and Shetty Ashwini Sundara
Bought by
Pradeep Arjun and Mohan Aishwarya
Seller's Agent
Manoj Thomas
Cascade California Realty, Inc.
Buyer's Agent
Upasna Gupta
Excel Realty
List Price
$1,039,000
Sold Price
$1,072,121
Premium/Discount to List
$33,121
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$857,696
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2019
Sold by
Shetty Sunil and Shetty Ashwini Sundara
Bought by
Shetty Sunil and Shetty Ashwini Sundara

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 18, 2019
Sold by
Wang Brian and Jin Xiaoyan
Bought by
Shetty Sunil and Shetty Ashwini Sundara
Seller's Agent
Tony Xu
BayOne Real Estate Investment Corporation
Buyer's Agent
Jayashree S. Mishra
Intero Real Estate Services
List Price
$960,000
Sold Price
$905,000
Premium/Discount to List
-$55,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$724,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2013
Sold by
Wang Brian
Bought by
Wang Brian and Jin Xiaoyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Jin Xiaoyan
Bought by
Wang Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,400
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Kwong Keith
Bought by
Kwong Keith and Lee Sandy

Purchase Details

Closed on
Jan 16, 2001
Sold by
Rgcclpo Development Co Llc
Bought by
Kwong Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,500
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Pradeep Mohan Revocable Trust -- None Listed On Document
Pradeep Arjun $1,072,500 Fidelity National Title Co
Shetty Sunil -- None Available
Shetty Sunil $905,000 Chicago Title Co
Wang Brian -- Old Republic Title Company
Wang Brian -- Old Republic Title Company
Wang Brian $475,500 Old Republic Title Company
Kwong Keith $20,000 --
Kwong Keith $454,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pradeep Arjun $857,696
Previous Owner Shetty Sunil $724,000
Previous Owner Wang Brian $308,000
Previous Owner Wang Brian $380,400
Previous Owner Kwong Keith $363,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $1,072,121 +3.2% $764 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,039,000 +14.8% $740 / Sq Ft
01/29/2019 01/29/19 Sold $905,000 -5.7% $645 / Sq Ft View Prior Sale
12/28/2018 12/28/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $960,000 -- $684 / Sq Ft
Source: MLSListings

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 $12,893 $1,137,741 $568,807 $568,934
2024 $12,893 $1,115,433 $557,654 $557,779
2023 $12,852 $1,093,563 $546,720 $546,843
2022 $12,882 $1,072,121 $536,000 $536,121
2021 $10,988 $914,000 $457,000 $457,000
2020 $11,014 $923,100 $461,550 $461,550
2019 $7,421 $606,042 $191,179 $414,863
2018 $7,049 $594,160 $187,431 $406,729
2017 $6,960 $582,510 $183,756 $398,754
2016 $6,678 $571,089 $180,153 $390,936
2015 $6,612 $562,511 $177,447 $385,064
2014 $6,432 $551,494 $173,972 $377,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81859877

MLSListings

APN: 086-51-052

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