NOT LISTED FOR SALE

7135 Rainbow Dr Unit 2 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $695,830 - $812,000

1 Bed
1 Bath
700 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $552,000 $789 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,868/month

Highlights

  • Private Pool
  • Tile Flooring
  • Ceiling Fan
  • Nelson S. Dilworth Elementary School Rated A-
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of September 2022

This is a very rarely find and unique townhouse-like-setting, one story only, with fenced private front patio courtyard and fenced good sized private back yard. Located at the most desirable West San Jose Lynbrook neighborhood. 1 bedroom, and 1 full bath. Large living room and dining area, double-paned windows. 700 SF. Updated Kitchen with tiled countertop. Refrigerator, washer and dryer will stay. Community Swimming Pool. Owner pays HOA and water. Very quiet and enjoyable backyard with fruit trees. Parking port at back entrance from Weyburn Ln. Easy access to 85, 280, Calabazas Park, Calabazas Library, Restaurants, shopping. Best Cupertino Schools: choice of Dilworth/Blue Hills/Eaton, Miller Jr. and Lynbrook High (please check with district about choice of elementary school).

Last Agent to Rent the Property

Albert Ho

Aicare Realty License #01028882 Listed on: 08/27/2022

Last Renter's Agent

Albert Ho

Aicare Realty License #01028882 Listed on: 08/27/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,278

Year Built

  • 1964

Lot Details

  • 2,352

Parking

  • 1 Car Garage

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Listing and Financial Details

  • Security Deposit $2,450
  • Property Available on 8/27/22
  • Rent includes association fees, sewer, trash removal, water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,278

Year Built

1964

Lot Details

0

Parking

1

Rental Info

  • Available: 08/27/2022
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees, Sewer, Trash Removal, Water
  • Security Deposit: 2450

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 58
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Electric, Refrigerator
  • Living Sq Ft: 700
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Pool Description: Yes

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • HOA 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 20, 2015
Sold by
Inada Robert
Bought by
Liu Zhiyong and Zhuang Aiqun
Seller's Agent
Michelle Carr-Crowe
Keller Williams Thrive
Buyer's Agent
Iris Ho
Aicare Realty
List Price
$488,000
Sold Price
$552,000
Premium/Discount to List
$64,000
13.11%
Current Estimated Value
$768,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,208
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Jul 8, 1994
Sold by
Saratoga Garden Associates L P
Bought by
Inada Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
5.5%
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
Liu Zhiyong $552,000 First American Title Company
Inada Robert $136,000 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inada Robert $191,317
Previous Owner Inada Robert $226,000
Previous Owner Inada Robert $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2022 09/04/22 Rented $2,500 0.0% --
08/27/2022 08/27/22 For Rent $2,500 0.0% --
04/29/2015 04/29/15 Sold $552,000 +13.1% $789 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $488,000 -- $697 / 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 $8,278 $663,414 $331,707 $331,707
2024 $8,278 $650,406 $325,203 $325,203
2023 $8,193 $637,654 $318,827 $318,827
2022 $8,302 $625,152 $312,576 $312,576
2021 $8,207 $612,896 $306,448 $306,448
2020 $8,101 $606,612 $303,306 $303,306
2019 $7,954 $594,718 $297,359 $297,359
2018 $7,742 $583,058 $291,529 $291,529
2017 $7,713 $571,626 $285,813 $285,813
2016 $7,483 $560,418 $280,209 $280,209
2015 $3,079 $190,053 $69,869 $120,184
2014 -- $186,331 $68,501 $117,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81905469

MLSListings

APN: 372-37-175