NOT LISTED FOR SALE

7050 Rainbow Dr Unit 8 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $897,000 - $1,027,000

2 Beds
1.5 Baths
1,015 Sq Ft
$562/mo HOA Fee

Last Sold March 09, 2022

Last sale price $970,000 $956 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,210/month

3 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Combination Dining and Living Room
  • Nelson S. Dilworth Elementary School Rated A-
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of March 2022

Rare opportunity to live in this ideal setting. This beautifully renovated townhouse style 2 bed, 1 1/2 bath home is refreshingly bright and beautiful. Best location in the entire community because of the full patio, view and amount of light. No one above or below. The elegant foyer leads to an open concept dining and living room with state-of-the-art light fixtures. The sliding glass doors invite you to a private patio for outdoor fun. A perfect example of how architecture can integrate easily with its natural surroundings. Spacious courtyard is also perfect for hosting guests. Exquisite views of mature live oaks right outside your back door. Views of the spectacular trees and wildlife from upstairs as well. The bathrooms are the epitome of modern! Interior doors are solid wood and have high-quality doorknobs. Kitchen appliances and washer/dryer have been recently updated for easy living. Quiet location close to Calabazas park, Tennis, BMX, Top schools: Meyerholz/Miller/Lynbrook.

Last Agent to Sell the Property

Keyko Pintz

Intero Real Estate Services License #02011298 Listed on: 02/04/2022

Intero Real Estate Services

Last Buyer's Agent

Amy Huang

Maxreal Property License #01902347

Maxreal Property

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,525

Year Built

  • 1964

Lot Details

  • 436

HOA Fees

  • $562 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround

Additional Features

  • Private Pool
  • Back Yard Fenced
  • Forced Air Heating System

Community Details

  • Association fees include exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis
  • Community Management Services Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,525

Year Built

1964

Lot Details

0

HOA Fees

$562 per month

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 1015
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1964

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1015
  • Stories: 2
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Fencing: Fenced Back
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Covered Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 562
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Community Management Services

Schools

  • School District: Fremont Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 3, 2022
Sold by
Janna Kolodii
Bought by
Ke Ching-Chung and Cheng Yu-Ju
Seller's Agent
Keyko Pintz
Intero Real Estate Services
Buyer's Agent
Amy Huang
Maxreal Property
List Price
$958,000
Sold Price
$970,000
Premium/Discount to List
$12,000
1.25%
Current Estimated Value
$871,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,516
Avg. Annual Appreciation
-2.94%
Original Mortgage
$679,000
Outstanding Balance
$631,740
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$244,170

Purchase Details

Closed on
Aug 9, 2004
Sold by
Kolodii Yuri
Bought by
Kolodii Janna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Shih John and Shih Julie
Bought by
Kolodii Janna and Kolodii Yuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
John Shih
Bought by
Shih John and Shih Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.73%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Saratoga Garden Associates L P
Bought by
Shih John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.87%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Groleau Normand A and Groleau Michelle L
Bought by
Saratoga Garden Associates L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.87%
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
Ke Ching-Chung $970,000 Orange Coast Title
Kolodii Janna -- Chicago Title
Kolodii Janna $437,000 Chicago Title
Shih John -- Financial Title Company
Shih John $160,000 Santa Clara Land Title Compa
Saratoga Garden Associates L P -- Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ke Ching-Chung $679,000
Previous Owner Kolodii Janna $359,000
Previous Owner Kolodii Janna $364,000
Previous Owner Kolodii Janna $364,000
Previous Owner Kolodii Janna $55,400
Previous Owner Kolodii Janna $357,000
Previous Owner Kolodii Janna $360,000
Previous Owner Kolodii Janna $358,000
Previous Owner Kolodii Janna $355,000
Previous Owner Kolodii Janna $353,000
Previous Owner Kolodii Yuri $88,300
Previous Owner Kolodii Janna $349,600
Previous Owner Shih John $118,000
Previous Owner Shih John $139,000
Previous Owner Shih John $144,000
Closed Kolodii Janna $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $970,000 +1.3% $956 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $958,000 -- $944 / 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 $10,525 $850,000 $425,000 $425,000
2023 $10,525 $815,000 $407,500 $407,500
2022 $7,614 $573,992 $249,561 $324,431
2021 $7,524 $562,738 $244,668 $318,070
2020 $7,426 $556,969 $242,160 $314,809
2019 $7,290 $546,049 $237,412 $308,637
2018 $7,096 $535,343 $232,757 $302,586
2017 $7,067 $524,847 $228,194 $296,653
2016 $6,854 $514,557 $223,720 $290,837
2015 $6,809 $506,829 $220,360 $286,469
2014 $6,611 $496,902 $216,044 $280,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81876943

MLSListings

APN: 372-37-160