NOT LISTED FOR SALE

7053 Rainbow Dr Unit 1 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $743,000 - $854,000

1 Bed
1 Bath
700 Sq Ft
$595/mo HOA Fee

Last Sold May 04, 2023

Last sale price $763,000 $1,090 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,824/month

9 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Quartz Countertops
  • Nelson S. Dilworth Elementary School Rated A-
  • Clubhouse
  • Recreation Facilities

About This Home

As of May 2023

Don't miss this rare opportunity to own a well-maintained, single level, corner unit condo in the heart of Silicon Valley. Surround yourself with privacy in your large front yard with a custom flagstone patio and irrigation system- a gardener's dream! Located on the edge of Cupertino and Saratoga, this home is illuminated with natural light through plenty of large dual pane windows and two custom sun tunnels. The upgraded kitchen and bathroom makes this a beautiful, turn-key home. This home includes a spacious, covered back patio- which is perfect for barbecuing or relaxing. You'll enjoy the convenience of nearby grocery stores, parks, and top rated schools. A friendly community, a pool, clubhouse and exercise room makes this home one-of-a-kind.

Last Agent to Sell the Property

Erin Feist

Real Estate Experts License #02144769 Listed on: 04/22/2023

Real Estate Experts

Last Buyer's Agent

Favian Madrigal

Kinetic Real Estate License #02145510

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,688

Year Built

  • Built in 1964

Lot Details

  • 2,352

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Vinyl Flooring
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 372-37-190

Community Details

Overview

  • Association fees include exterior painting, fencing, maintenance - common area, maintenance - exterior, pool spa or tennis, roof, sewer
  • Cupertino Creekside Association
  • Built by Cupertino Creekside

Amenities

  • Clubhouse
  • Common Utility Room

Recreation

  • Recreation Facilities
  • Fitness Center
  • Lap or Exercise Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,688

Year Built

Built in 1964

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 700
  • Complex Name: Cupertino Creekside
  • Year Built: 1964
  • Zoning Description: R3H
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Quartz, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 700
  • Stories: 1
  • Laundry: Electricity Hookup (220V)
  • Flooring: Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Block
  • Pool Description: Community Facility, Pool - In Ground, Pool - Lap
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 595
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Gym / Exercise Facility, Recreation Room
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Fencing, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Roof, Sewer
  • H O A Name Text: Cupertino Creekside
  • H O A Exist: Yes

Schools

  • School District: Fremont Union High

Lot Info

  • Parcel Number: 372-37-190

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
May 2, 2023
Sold by
Dunkley Debra A
Bought by
Maher Ali
Seller's Agent
Erin Feist
Real Estate Experts
Buyer's Agent
Favian Madrigal
Kinetic Real Estate
List Price
$698,888
Sold Price
$763,000
Premium/Discount to List
$64,112
9.17%
Views
72
Current Estimated Value
$807,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,635
Avg. Annual Appreciation
1.23%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Zhen Tao and Zhen Lisa Lim
Bought by
Dunkley Debra Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%

Purchase Details

Closed on
Jun 13, 2000
Sold by
Frederick Cynthia A
Bought by
Zhen Tao and Zhen Lisa Lim

Purchase Details

Closed on
May 5, 1997
Sold by
Michael Teeple Joseph and Michael Wendie B
Bought by
Frederick Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
5.75%

Purchase Details

Closed on
Apr 24, 1995
Sold by
Saratoga Garden Associates Lp
Bought by
Teeple Joseph Michael and Abend Wendie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,450
Interest Rate
8.44%
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
Maher Ali $763,000 Fidelity National Title Compan
Dunkley Debra Anne $279,500 Chicago Title
Zhen Tao $267,000 Stewart Title
Frederick Cynthia A $165,000 Stewart Title
Teeple Joseph Michael $147,000 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunkley Debra Anne $98,536
Previous Owner Dunkley Debra Anne $100,000
Previous Owner Frederick Cynthia A $156,700
Previous Owner Teeple Joseph Michael $139,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $763,000 +9.2% $1,090 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $698,888 -- $998 / 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 $9,688 $793,824 $396,912 $396,912
2024 $9,688 $778,260 $389,130 $389,130
2023 $5,172 $389,070 $174,000 $215,070
2022 $5,088 $381,442 $170,589 $210,853
2021 $5,016 $373,964 $167,245 $206,719
2020 $4,950 $370,131 $165,531 $204,600
2019 $4,856 $362,875 $162,286 $200,589
2018 $4,723 $355,760 $159,104 $196,656
2017 $4,700 $348,785 $155,985 $192,800
2016 $4,548 $341,947 $152,927 $189,020
2015 $4,512 $336,811 $150,630 $186,181
2014 $4,359 $330,214 $147,680 $182,534
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Erin Feist

    Real Estate Experts

    Section Image

  • F

    Buyer's Agent in 2023

    Favian Madrigal

    Kinetic Real Estate

    (415) 825-2234

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81923175

MLSListings

APN: 372-37-190

California Santa Clara County San Jose 95129 Calabazas

7053 Rainbow Dr Unit 1, San Jose, CA

This home is located at 7053 Rainbow Dr Unit 1, San Jose, CA 95129 since 22 April 2023 and is currently estimated at $807,635, approximately $1,153 per square foot. This property was built in 1964. 7053 Rainbow Dr Unit 1 is a home located in Santa Clara County with nearby schools including Nelson S. Dilworth Elementary School, Joaquin Miller Middle, and Lynbrook High School.

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