NOT LISTED FOR SALE

7125 Rainbow Dr Unit 2 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $827,000 - $943,000

2 Beds
1 Bath
977 Sq Ft
2,352 Sq Ft Lot

Last Sold October 05, 2012

Last sale price $520,000 $532 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,370/month

99 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • Breakfast Bar
  • Nelson S. Dilworth Elementary School Rated A-
  • Community Pool
  • Bathtub with Shower

About This Home

As of October 2012

CUPERTINO SCHOOLS!!!!REGULAR SALE!! Bungalow is one of a few in the complex. Very cute, must see will not last. AS-IS SALE.

Last Agent to Sell the Property

Jurgen Weller, CRS®

Intero Real Estate Services License #00821956 Listed on: 05/20/2012

Intero Real Estate Services

Last Buyer's Agent

Keith Walker

Intero Real Estate Services License #01244287

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,014

Year Built

  • Built in 1964

Lot Details

  • End Unit

Parking

  • 1 Carport Space

Home Design

  • Composition Roof

Interior Spaces

  • 977 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Floor Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 372-37-198

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include roof, water, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area
  • Greenbelt

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,014

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 48
  • Sale Price Per Sq Ft: 532.24
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 977
  • Barclay Horizontal: 23
  • Barclays Page: 62
  • Incorporated: Yes
  • Map Book Page: 852
  • Map Book Page Secondary: 62
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 63
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 23
  • Thomas Bros Page: 852
  • Thomas Brothers: E4
  • Year Built: 1964
  • Zoning Description: R3H
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Dishwasher, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 977
  • Stories: 1
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, No Stall Shower

Exterior Features

  • Roof: Composition

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Electric, Floor Furnace

Condo/Co-op/Association

  • HOA Fees: 367
  • HOA Amenities: Playground, Gym / Exercise Facility, Garden / Greenbelt / Trails, Community Pool
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Roof, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Schools

  • School District: Fremont Union High
  • Elementary School: R. I. Meyerholz Elementary
  • Middle School: Joaquin Miller Middle
  • High School: Lynbrook High
  • High School: 259
  • Elementary School: 87
  • Middle School: 88

Lot Info

  • Parcel Number: 372-37-198
  • List Price per Sq Ft: 511.77
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2335.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2335.00
  • Lot Size Area Min Search: 2335.00
  • Maximum Lot Size: 2335.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: R. I. Meyerholz Elementary
  • High School Text: Lynbrook High
  • Middle School Text: Joaquin Miller Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2012
Closed on
Sep 25, 2012
Sold by
Corriere Beverly
Bought by
Cheah David and Li Pei Jun
Seller's Agent
Jurgen Weller, CRS®
Intero Real Estate Services
Buyer's Agent
Keith Walker
Intero Real Estate Services
List Price
$499,999
Sold Price
$520,000
Premium/Discount to List
$20,001
4%
Current Estimated Value
$864,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,480
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Jan 26, 2006
Sold by
Jahanbakhsh Parvin and Parvin Jahanbakhsh Revocable T
Bought by
Corriere Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Naghieh Parvin V and Parvin V Naghieh Revocable Tru
Bought by
Naghieh Parvin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2003
Sold by
Naghieh Parvin
Bought by
Naghieh Parvin V and Parvin V Naghieh Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1994
Sold by
Saratoga Garden Associates L P
Bought by
Jahanbakhsh Parvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
7.15%
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
Cheah David $520,000 Chicago Title Company
Corriere Beverly $485,000 Fidelity National Title Ins
Naghieh Parvin H -- Fidelity National Title Ins
Naghieh Parvin V -- First American Title Co
Naghieh Parvin Pn -- First American Title Co
Jahanbakhsh Parvin $160,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corriere Beverly $388,000
Previous Owner Corriere Beverly $97,000
Previous Owner Naghieh Parvin H $300,000
Previous Owner Naghieh Parvin Pn $130,000
Previous Owner Jahanbakhsh Parvin $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $520,000 +4.0% $532 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
05/20/2012 05/20/12 For Sale $499,999 -- $512 / 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 $8,014 $640,330 $320,165 $320,165
2024 $8,014 $627,776 $313,888 $313,888
2023 $7,931 $615,468 $307,734 $307,734
2022 $8,044 $603,400 $301,700 $301,700
2021 $7,952 $591,570 $295,785 $295,785
2020 $7,849 $585,506 $292,753 $292,753
2019 $7,707 $574,026 $287,013 $287,013
2018 $7,503 $562,772 $281,386 $281,386
2017 $7,474 $551,738 $275,869 $275,869
2016 $7,251 $540,920 $270,460 $270,460
2015 $7,205 $532,796 $266,398 $266,398
2014 $7,000 $522,360 $261,180 $261,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jurgen Weller, CRS®

    Intero Real Estate Services

    Section Image

  • K

    Buyer's Agent in 2012

    Keith Walker

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81219088

MLSListings

APN: 372-37-198

California Santa Clara County San Jose 95129 Calabazas

7125 Rainbow Dr Unit 2, San Jose, CA

This home is located at 7125 Rainbow Dr Unit 2, San Jose, CA 95129 since 20 May 2012 and is currently estimated at $864,480, approximately $884 per square foot. This property was built in 1964. 7125 Rainbow Dr Unit 2 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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