NOT LISTED FOR SALE

7050 Rainbow Dr Unit 10 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $867,506 - $1,027,000

2 Beds
1.5 Baths
1,015 Sq Ft
$507/mo HOA Fee

Last Sold April 23, 2021

Last sale price $829,000 $817 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,101/month

61 Days on Market

Highlights

  • Filtered Pool
  • View of Trees or Woods
  • Clubhouse
  • Nelson S. Dilworth Elementary School Rated A-
  • Updated Kitchen
  • Property is near a park

About This Home

As of April 2021

Townhouse-style condo with 2 bedrooms, 1.5 baths, within Cupertino and Fremont Union School Districts. Only twelve units in this particular building; all have private entry. Laminate wood floors in kitchen and entry way; carpeting throughout remainder of unit. Living room opens to private fenced patio. Behind the patio runs Calabasas Creek lined with beautiful shade trees providing additional privacy. Bright kitchen has fairly new refrigerator and dishwasher. Bedrooms have large closets. Bosch washer and dryer located in upstairs bathroom. Double pained windows throughout. Antenna in attic. Close to the assigned parking space (1). Complex contains two swimming pools (one each side of street) and an exercise room with equipment and table tennis.Calabasas Park is located across the street with children's playground, picnic areas, three lighted tennis courts, and a basketball court. New library and fire station one block away. Major employers like Apple and Netflix are only 3 miles away. Google's complex is only 10 miles away.Local Schools: Meyerholz Elementary (K-5) half mile; Miller Middle (6-8) 1.1 miles; Lynbrook High (9-12) 1.5 miles.

Last Agent to Sell the Property

Daniel Freeman

Daniel Freeman, Broker License #02095945 Listed on: 02/19/2021

Co-Listed By

David Bartels

Everhome Realty, Inc. License #01884368

Last Buyer's Agent

Sean Chen

License #02022634

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,525

Year Built

  • Built in 1964

Lot Details

  • Two or More Common Walls
  • Fenced
  • No Sprinklers

HOA Fees

  • $507 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,015 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Filtered Pool
  • Patio

Schools

  • Lynbrook High School

Additional Features

  • Property is near a park
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 507905
  • Assessor Parcel Number 37237162

Community Details

Overview

  • 12 Units
  • Common Interest Management Services Association, Phone Number (408) 370-9902

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,525

Year Built

Built in 1964

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 37237162
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1015.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 816.75
  • Room Type: Family Room, Kitchen, Living Room
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Fence: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Filtered
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Community, Dryer Included, Washer Included, Stackable, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool
  • Association Fee: 507.00
  • Association Fee Frequency: Monthly
  • Association Name: Common Interest Management Services
  • Phone: 408-370-9902
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Park

Schools

  • High School: Lynbrook
  • High School: Lynbrook
  • High School2: LYNBRO

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby, Sprinklers None, Walkstreet
  • Lot Size Sq Ft: 496.00
  • Lot Size Acres: 0.0114

Multi Family

  • Lease Considered: No
  • Lot Size Area: 496.0000 Square Feet
  • Number Of Units In Community: 12

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 507905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 23, 2021
Sold by
Reisinger Linda K and Reisinger Linda K
Bought by
Liu Jiajing and Fan Hongjun
Seller's Agent
Daniel Freeman
Daniel Freeman, Broker
Buyer's Agent
Sean Chen
List Price
$835,000
Sold Price
$829,000
Premium/Discount to List
-$6,000
-0.72%
Current Estimated Value
$861,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,512
Avg. Annual Appreciation
1.14%
Original Mortgage
$600,000
Outstanding Balance
$541,132
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$329,202

Purchase Details

Closed on
Nov 20, 2019
Sold by
Reisinger Linda K
Bought by
Reisinger Linda K and Reisinger 2019 Revocab Linda K

Purchase Details

Closed on
Mar 10, 1994
Sold by
Saratoga Garden Associates L P
Bought by
Reisinger Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Liu Jiajing $829,000 Ticor Title Orange County
Reisinger Linda K -- None Available
Reisinger Linda K $150,000 Santa Clara Land Title Co
Saratoga Garden Associates L P -- Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jiajing $600,000
Previous Owner Reisinger Linda K $87,500
Previous Owner Reisinger Linda K $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $829,000 0.0% $817 / Sq Ft
03/16/2021 03/16/21 Price Changed $829,000 -0.7% $817 / Sq Ft
02/19/2021 02/19/21 For Sale $835,000 -- $823 / Sq Ft
Source: Ventura County Regional Data Share

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
2024 $10,525 $850,000 $425,000 $425,000
2023 $10,207 $815,000 $407,500 $407,500
2022 $10,826 $845,580 $422,790 $422,790
2021 $3,659 $232,683 $81,642 $151,041
2020 $3,617 $230,298 $80,805 $149,493
2019 $3,554 $225,783 $79,221 $146,562
2018 $3,467 $221,357 $77,668 $143,689
2017 $3,449 $217,018 $76,146 $140,872
2016 $3,342 $212,763 $74,653 $138,110
2015 $3,314 $209,568 $73,532 $136,036
2014 $3,194 $205,464 $72,092 $133,372
Source: Public Records

Agents Affiliated with this Home

  • Daniel Freeman

    Seller's Agent in 2021

    Daniel Freeman

    Daniel Freeman, Broker

    (918) 212-0818

    1 in this area

    31 Total Sales

    Section Image
  • David Bartels

    Seller Co-Listing Agent in 2021

    David Bartels

    Everhome Realty, Inc.

    (818) 929-6830

    1 in this area

    327 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sean Chen

See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-4012

Ventura County Regional Data Share

APN: 372-37-162

California Santa Clara County San Jose 95129 Calabazas

7050 Rainbow Dr Unit 10, San Jose, CA

This home is located at 7050 Rainbow Dr Unit 10, San Jose, CA 95129 since 19 February 2021 and is currently estimated at $928,377, approximately $914 per square foot. This property was built in 1964. 7050 Rainbow Dr Unit 10 is a home located in Santa Clara County with nearby schools including Nelson S. Dilworth Elementary School, Joaquin Miller Middle, and Lynbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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