NOT LISTED FOR SALE

222 Rainbow Place Milpitas, CA 95035

Milpitas Area

Estimated Value: $1,252,000 - $1,410,000

4 Beds
3.5 Baths
1,764 Sq Ft
$750/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2023

Last sale price $1,380,000 $782 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,881 / mo

7 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Beautiful end-unit townhome in the highly desirable Milpitas community. Designed with an open floor plan, beautiful large windows and high ceilings. This home is immersed in sunlight and clarity. Modern kitchen with recessed lights, gas oven, and plenty of storage space. Two large bedrooms on the ground floor with full shared bathroom, which is perfect for rental opportunities or to turn it into your home office. Two primary bedrooms on the top floor with private bathrooms as suites. Two car garage with side by side parking. Laundry with washer/dryer Included. Nice community with a playground and beautiful pool right behind the home. Walking distance to Great Mall, BART, VTA station,Trader Joe's, 99 Ranch, library, schools and restaurants. Convenient location close to Hwy 880, 680, 237, and Montague Expy. Come and fall in love with this property.

Last Agent to Sell the Property

Sharon Wang

Keller Williams Palo Alto License #02089426 Listed on: 11/14/2023

Keller Williams Palo Alto

Co-Listed By

Alice Sun

Keller Williams Palo Alto License #02079032

Last Buyer's Agent

Neena Pattar

Golden Gate Sotheby's Int'l License #01900134

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2000

Lot Details

  • 1,699

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,764 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 086-50-054

Community Details

Overview

  • Association fees include common area electricity, maintenance - common area, pool spa or tennis
  • Parc Metropolitan Community Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 2000

Lot Details

1,699 Sq Ft Lot

HOA Fees

$245 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1764
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1764
  • Stories: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Pool Description: Community Facility
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 245
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Parc Metropolitan Community Association
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 086-50-054

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Nov 28, 2023
Sold by
Bought by
Seller's Agent
Sharon Wang
Keller Williams Palo Alto
Buyer's Agent
Neena Pattar
Golden Gate Sotheby's Int'l
List Price
$1,198,000
Sold Price
$1,380,000
Premium/Discount to List
$182,000
15.19%
Views
235
Current Estimated Value
$1,322,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,025
Avg. Annual Appreciation
-1.59%
Original Mortgage
$1,104,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 25, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Milpitas, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,380,000 First American Title
-- None Available
-- Accommodation/Courtesy Recordi
$676,000 Old Republic Title Company
-- Old Republic Title Company
$478,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,095,000
Closed $1,104,000
Previous Owner $150,000
Previous Owner $227,000
Previous Owner $227,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $1,380,000 +15.2% $782 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $1,198,000 0.0% $679 / Sq Ft
10/19/2022 10/19/22 Rented $4,100 0.0% --
10/19/2022 10/19/22 Under Contract -- -- --
10/05/2022 10/05/22 For Rent $4,100 -- --
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,379 $1,330,000 $665,000 $665,000
2025 $15,995 $1,407,600 $703,800 $703,800
2024 $15,995 $1,380,000 $690,000 $690,000
2023 $10,544 $887,922 $394,048 $493,874
2022 $10,503 $870,513 $386,322 $484,191
2021 $10,353 $853,446 $378,748 $474,698
2020 $10,173 $844,696 $374,865 $469,831
2019 $10,057 $828,134 $367,515 $460,619
2018 $9,549 $811,897 $360,309 $451,588
2017 $9,427 $795,979 $353,245 $442,734
2016 $9,047 $780,372 $346,319 $434,053
2015 $8,767 $752,000 $333,700 $418,300
2014 $8,101 $699,000 $310,200 $388,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81947908

MLSListings

APN: 086-50-054

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