NOT LISTED FOR SALE

Estimated Value: $3,189,000 - $4,512,000

4 Beds
3 Baths
3,242 Sq Ft
$1,170/Sq Ft Est. Value

About This Home

This home is located at 21040 Rainbow Dr, Cupertino, CA 95014 and is currently estimated at $3,793,394, approximately $1,170 per square foot. 21040 Rainbow Dr is a home located in Santa Clara County with nearby schools including Blue Hills Elementary School, John F. Kennedy Middle School, and Monta Vista High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2011
Sold by
Patel Jatin J and Patel Asmita J
Bought by
Patel Jatin and Patel Asmita J
Current Estimated Value
$3,793,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Patel Jatin and Patel Asmita J
Bought by
Patel Jatin J and Patel Asmita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2010
Sold by
Patel Jatin J and Patel Asmita J
Bought by
Patel Jatin J and Patel Asmita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2006
Sold by
Patel Jatin J and Patel Asmita J
Bought by
Patel Jatin J and Patel Asmita J

Purchase Details

Closed on
Aug 1, 2003
Sold by
Dai Wei Jin and Chen Faustina
Bought by
Patel Jatin and Patel Asmita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Dai Wei Jin and Chen Faustina
Bought by
Dai Wei Jin and Chen Faustina
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Patel Jatin -- Fidelity National Title Co
Patel Jatin J -- Accommodation
Patel Jatin J -- Fidelity National Title Ins
Patel Jatin J -- Fidelity National Title Co
Patel Jatin J -- None Available
Patel Jatin $1,248,000 Stewart Title Of California
Dai Wei Jin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jatin J $500,000
Closed Patel Jatin J $397,000
Closed Patel Jatin $417,000
Closed Patel Jatin J $417,000
Closed Patel Jatin J $417,000
Closed Patel Jatin J $485,000
Closed Patel Jatin $250,000
Closed Patel Jatin $860,000
Previous Owner Patel Jatin $936,000
Previous Owner Dai Wei Jin $500,000
Previous Owner Dai Wei Jin $340,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $21,055 $1,774,384 $924,159 $850,225
2024 $21,055 $1,739,593 $906,039 $833,554
2023 $20,868 $1,705,484 $888,274 $817,210
2022 $20,659 $1,672,044 $870,857 $801,187
2021 $20,437 $1,639,260 $853,782 $785,478
2020 $20,185 $1,622,452 $845,028 $777,424
2019 $19,692 $1,590,640 $828,459 $762,181
2018 $19,141 $1,559,452 $812,215 $747,237
2017 $19,029 $1,528,876 $796,290 $732,586
2016 $18,427 $1,498,899 $780,677 $718,222
2015 $18,291 $1,476,385 $768,951 $707,434
2014 $17,829 $1,447,466 $753,889 $693,577
Source: Public Records

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