NOT LISTED FOR SALE

7050 Rainbow Dr Unit 12 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $848,000 - $1,027,000

2 Beds
1.5 Baths
1,015 Sq Ft
479 Sq Ft Lot

Last Sold April 27, 2023

Last sale price $865,000 $852 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,943/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • Nelson S. Dilworth Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of April 2023

Bright & Open Floor Plan / End Unit Townhouse Style Condo in Park-Like Community / Private Patio / Garage Parking Space / Additional Storage / New Stove / In-Unit Laundry / Central Heating / Creek View / Quiet Prime Location With Desirable Top-Rated School / HOA Fee $665 Covered Water, Garbage, Two Pools, Gym, Game Room, Reservable Clubhouse for Events & More / Playground & Sport Courts at Across Street Calabazas Park / Virtual Staging Photos

Last Agent to Sell the Property

Hsin-Chieh Chou

Giant Realty Inc. License #01735325 Listed on: 03/17/2023

Last Buyer's Agent

Yifang Yang

Compass License #01371905

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,984

Year Built

  • Built in 1964

Lot Details

  • 479

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,015 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, garbage, insurance, management fee, water
  • Cupertino Creekside HOA

Listing and Financial Details

  • Assessor Parcel Number 372-37-164

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,984

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1015
  • Year Built: 1964
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1015
  • Stories: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Crawl Space

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 665
  • Association Fees Include: Common Area Electricity, Garbage, Insurance, Management Fee, Water
  • H O A Name Text: Cupertino Creekside HOA
  • H O A Exist: Yes

Schools

  • School District: Fremont Union High
  • Elementary School: Nelson S. Dilworth Elementary
  • Middle School: Joaquin Miller Middle
  • High School: Lynbrook High
  • High School: 259
  • Elementary School: 72
  • Middle School: 88

Lot Info

  • Parcel Number: 372-37-164

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Nelson S. Dilworth Elementary
  • High School Text: Lynbrook High
  • Middle School Text: Joaquin Miller Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 20, 2023
Sold by
Tai King Ching Annie
Bought by
Wang Yuxing and Wang Wenyuan
Seller's Agent
Hsin-Chieh Chou
Giant Realty Inc.
Buyer's Agent
Yifang Yang
Compass
List Price
$888,000
Sold Price
$865,000
Premium/Discount to List
-$23,000
-2.59%
Views
56
Current Estimated Value
$918,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,443
Avg. Annual Appreciation
1.44%
Original Mortgage
$728,000
Outstanding Balance
$707,864
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$185,758

Purchase Details

Closed on
Apr 18, 2007
Sold by
Gun Kwok F
Bought by
Tai King Ching Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2007
Sold by
Chan Stephen Sui Kai and Chan Malinda Kimhar
Bought by
Tai King Ching Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1997
Sold by
Maqbool Gazipura
Bought by
Chan Stephen Sui Kai and Chan Malinda Kimhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.25%

Purchase Details

Closed on
Jul 22, 1993
Sold by
Saratoga Garden Associates
Bought by
Gazipura Maqbool and Gazipura Fahmida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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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
Wang Yuxing $865,000 Chicago Title
Tai King Ching Annie -- Fidelity National Title Co
Tai King Ching Annie $475,000 Fidelity National Title Co
Chan Stephen Sui Kai $189,000 Stewart Title
Gazipura Maqbool $145,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yuxing $728,000
Previous Owner Tai King Ching Annie $165,000
Previous Owner Tai King Ching Annie $166,000
Previous Owner Tai King Ching Annie $166,000
Previous Owner Tai King Ching Annie $171,000
Previous Owner Tai King Ching Annie $175,000
Previous Owner Tai King Ching Annie $175,000
Previous Owner Chan Stephen Sui Kai $200,000
Previous Owner Chan Stephen Sui Kai $210,000
Previous Owner Chan Stephen Sui Kai $150,000
Previous Owner Chan Stephen Sui Kai $150,000
Previous Owner Chan Stephen Sui Kai $151,200
Previous Owner Gazipura Maqbool $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $865,000 -2.6% $852 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $888,000 -- $875 / 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
2024 $10,984 $882,300 $441,150 $441,150
2023 $7,882 $611,352 $244,539 $366,813
2022 $7,997 $599,366 $239,745 $359,621
2021 $7,904 $587,615 $235,045 $352,570
2020 $7,803 $581,590 $232,635 $348,955
2019 $7,661 $570,187 $228,074 $342,113
2018 $7,458 $559,007 $223,602 $335,405
2017 $7,430 $548,047 $219,218 $328,829
2016 $7,208 $537,302 $214,920 $322,382
2015 $7,162 $529,232 $211,692 $317,540
2014 $6,958 $518,866 $207,546 $311,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81921871

MLSListings

APN: 372-37-164