NOT LISTED FOR SALE

237 Rainbow Place Unit 80 Milpitas, CA 95035

Estimated Value: $1,112,608 - $1,338,000

3 Beds
3.5 Baths
1,404 Sq Ft
$857/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $785,000 $559 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,262/month

8 Days on Market

Highlights

  • High Ceiling
  • Guest Parking
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of March 2016

Beautiful & Spacious Townhouse located in Park Metro Community. Great corner unit, center of the complex. Very desirable area, Walking distance to Light Rail, Bus, Great Mall, Cinema, restaurants and shops. Close proximity to companies off Tasman, Montague & Calaveras areas. Centrally located to tap into Milpitas Square, library, Ranch 99 Supermarket, Fwy 880/680/237. Low HOA due. 2 Car Garage, and plenty of guest parking. Large clubhouse and giant pool with two spas. Private park areas with lots of grass & several play structures. Great Milpitas Schools! You don’t want to miss this!

Last Agent to Sell the Property

Helen Yang

Maxreal License #01358655 Listed on: 02/17/2016

Maxreal

Co-Listed By

Andy Wong

Maxreal License #01878854

Last Buyer's Agent

Cici Jiang

Maxreal Property License #01941210

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,637

Year Built

  • Built in 2000

Lot Details

  • 1,525

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Combination Dining and Living Room
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 1,525 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, maintenance - common area, maintenance - exterior
  • Parc Metropolitan HOA

Listing and Financial Details

  • Assessor Parcel Number 086-50-049

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,637

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 1404
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Dishwasher
  • Living Sq Ft: 1404
  • Stories: 3
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Guest / Visitor Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Condo/Co-op/Association

  • HOA Fees: 240
  • Association Fees Include: Common Area Electricity, Exterior Painting, Maintenance - Common Area, Maintenance - Exterior
  • H O A Name Text: Parc Metropolitan HOA
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 086-50-049
  • Lot Acres: 0.0350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1512.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1512.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2020
Sold by
Zhang Jian and Dong Eu David
Bought by
Zhang Jian and Dong Fu David
Current Estimated Value
$1,202,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Outstanding Balance
$396,788
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$805,864

Purchase Details

Closed on
Oct 27, 2016
Sold by
Zhang Jian and Dong Fu David
Bought by
Zhang Jian and Dong Fu David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 22, 2016
Sold by
Riordan Geoffry and Liu Jie
Bought by
Zhang Jian and Dong Fu
Seller's Agent
Helen Yang
Maxreal
Buyer's Agent
Cici Jiang
Maxreal Property
List Price
$749,000
Sold Price
$785,000
Premium/Discount to List
$36,000
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$507,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2007
Sold by
Weinberger Haskel and Weinberger Kama
Bought by
Riordan Geoffry and Liu Jie

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
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Rgcclpo Development Co Llc
Bought by
Weinberger Haskel and Weinberger Kama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,733
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Zhang Jian -- Chicago Title Company
Zhang Jian -- Fidelity National Title Co
Zhang Jian $785,000 Fidelity National Title Co
Riordan Geoffry $567,000 North American Title Company
Weinberger Haskel $432,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Jian $463,000
Closed Zhang Jian $502,000
Closed Zhang Jian $507,000
Previous Owner Riordan Geoffry $417,000
Previous Owner Weinberger Haskel $344,733
Closed Weinberger Haskel $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $785,000 +4.8% $559 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $749,000 -- $533 / Sq Ft
Source: MLSListings

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 $10,637 $929,274 $464,637 $464,637
2024 $10,637 $911,054 $455,527 $455,527
2023 $10,637 $893,192 $446,596 $446,596
2022 $10,564 $875,680 $437,840 $437,840
2021 $10,413 $858,510 $429,255 $429,255
2020 $10,232 $849,708 $424,854 $424,854
2019 $10,115 $833,048 $416,524 $416,524
2018 $9,604 $816,714 $408,357 $408,357
2017 $9,482 $800,700 $400,350 $400,350
2016 $7,335 $629,127 $345,965 $283,162
2015 $7,183 $619,678 $340,769 $278,909
2014 $6,987 $607,540 $334,094 $273,446
Source: Public Records

Agents Affiliated with this Home

  • Helen Yang

    Seller's Agent in 2016

    Helen Yang

    Maxreal

    (408) 500-2027

    4 in this area

    37 Total Sales

    Helen Yang
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Andy Wong

    Maxreal

    Section Image

  • C

    Buyer's Agent in 2016

    Cici Jiang

    Maxreal Property

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81551108

MLSListings

APN: 086-50-049

California Santa Clara County Milpitas 95035

237 Rainbow Place Unit 80, Milpitas, CA

This home is located at 237 Rainbow Place Unit 80, Milpitas, CA 95035 since 17 February 2016 and is currently estimated at $1,202,652, approximately $856 per square foot. This property was built in 2000. 237 Rainbow Place Unit 80 is a home located in Santa Clara County with nearby schools including Mabel Mattos Elementary School, Rancho Milpitas Middle School, and Milpitas High School.

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