NOT LISTED FOR SALE

7150 Rainbow Dr Unit 35 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $794,878 - $1,093,000

2 Beds
1.5 Baths
1,050 Sq Ft
436 Sq Ft Lot

Last Sold June 18, 2013

Last sale price $605,000 $576 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,910/month

10 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Contemporary Architecture
  • Nelson S. Dilworth Elementary School Rated A-
  • Clubhouse
  • Breakfast Area or Nook

About This Home

As of June 2013

Award Winning Top Cupertino Schools (Meyerholz/Miller/Lynbrook). Prestine and stunningly beautiful home (a must see property), Great open and functional lay out. Seller's care is evident throughout the entire property. Nice view of mountains. Minutes to Hwy 85/280, Apple campus. Within walking distance to schools, shopping, parks and more.

Last Agent to Sell the Property

Vuppuladhadium Venkataramana

Bay Zone Realtors, Inc. License #01445946 Listed on: 05/07/2013

Last Buyer's Agent

Kent Hu

CCPCA Realty License #01859207

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,211

Year Built

  • Built in 1967

Lot Details

  • 436

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dining Room
  • Vinyl Flooring
  • Mountain Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 372-37-035

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, roof, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area
  • Cupertino Creekside Association

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Playground
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,211

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 46
  • Sale Price Per Sq Ft: 576.19
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1050
  • 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: 62
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 23
  • Thomas Bros Page: 852
  • Thomas Brothers: E4
  • Year Built: 1967
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room, Breakfast Nook, Dining "L"
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1050
  • Stories: 2
  • Security: Security Features, Security Building, Security Gate
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 408
  • HOA Amenities: Playground, Club House, Additional Storage, Elevator, Gym / Exercise Facility, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Cupertino Creekside
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), 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: 372-37-035
  • List Price per Sq Ft: 533.33
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 435.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 435.00
  • Lot Size Area Min Search: 435.00
  • Maximum Lot Size: 435.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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

Closed on
Dec 5, 2015
Sold by
Zhang Hongbin and Zhang Man
Bought by
Zhang Family Revocable Trust and Zhang Man
Current Estimated Value
$945,470

Purchase Details

Listed on
May 7, 2013
Closed on
Jun 6, 2013
Sold by
Petchimuthu Ravisankar and Palani Venkateshwari
Bought by
Zhang Hongbin and Zhang Man
Seller's Agent
Vuppuladhadium Venkataramana
Bay Zone Realtors, Inc.
Buyer's Agent
Kent Hu
CCPCA Realty
List Price
$540,000
Sold Price
$605,000
Premium/Discount to List
$65,000
12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$200,000
Outstanding Balance
$141,672
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$803,798

Purchase Details

Closed on
Dec 6, 2007
Sold by
Yadavalli Raghu R and Yadavalli Chanda
Bought by
Petchimuthu Ravisankar and Palani Venkateshwari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Yadavalli Raghu R and Yadavalli Chanda
Bought by
Yadavalli Raghu R and Yadavalli Chanda

Purchase Details

Closed on
Jun 30, 1999
Sold by
Stimson Laura J
Bought by
Yadavalli Raghu R and Yadavalli Chanda

Purchase Details

Closed on
Dec 12, 1994
Sold by
Saratoga Garden Associates L P
Bought by
Stimson Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
9.1%
Source: Public Records

Range of Values:

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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
Zhang Family Revocable Trust -- None Available
Zhang Hongbin $605,000 Cornerstone Title Company
Petchimuthu Ravisankar $505,000 First American Title Company
Yadavalli Raghu R -- --
Yadavalli Raghu R $235,000 First American Title Ins Co
Stimson Laura J $154,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Hongbin $200,000
Previous Owner Petchimuthu Ravisankar $340,000
Previous Owner Petchimuthu Ravisankar $368,000
Previous Owner Petchimuthu Ravisankar $404,000
Previous Owner Stimson Laura J $155,000
Previous Owner Stimson Laura J $12,250
Previous Owner Stimson Laura J $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $605,000 +8.0% $576 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/16/2013 05/16/13 Price Changed $560,000 +3.7% $533 / Sq Ft
05/07/2013 05/07/13 For Sale $540,000 -- $514 / 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 $9,211 $745,000 $372,500 $372,500
2024 $9,211 $730,394 $365,197 $365,197
2023 $9,120 $716,074 $358,037 $358,037
2022 $9,211 $702,034 $351,017 $351,017
2021 $9,108 $688,270 $344,135 $344,135
2020 $8,990 $681,214 $340,607 $340,607
2019 $8,826 $667,858 $333,929 $333,929
2018 $8,590 $654,764 $327,382 $327,382
2017 $8,559 $641,926 $320,963 $320,963
2016 $8,304 $629,340 $314,670 $314,670
2015 $8,254 $619,888 $309,944 $309,944
2014 $8,025 $607,746 $303,873 $303,873
Source: Public Records

Agents Affiliated with this Home

  • Kent Hu

    Buyer's Agent in 2013

    Kent Hu

    CCPCA Realty

    (925) 222-5368

    23 Total Sales

    Kent Hu
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Map

Source: MLSListings

MLS Number: ML81315422

MLSListings

APN: 372-37-035

California Santa Clara County San Jose 95129 Calabazas

7150 Rainbow Dr Unit 35, San Jose, CA

This home is located at 7150 Rainbow Dr Unit 35, San Jose, CA 95129 since 07 May 2013 and is currently estimated at $945,470, approximately $900 per square foot. This property was built in 1967. 7150 Rainbow Dr Unit 35 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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