NOT LISTED FOR SALE

7150 Rainbow Dr Unit 36 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $837,029 - $1,062,000

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

Last Sold April 18, 2013

Last sale price $551,000 $525 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,065/month

45 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Clubhouse
  • Nelson S. Dilworth Elementary School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of April 2013

Prestigious Cupertino school district (Meyerholz, Miller, Lynbrook), walking distance to schools & parks, new Pergo flooring, open & bright, 2 spacious bedrooms, updated bathroom w/granite counter-tops, view of mountains, washer & dryer included.

Last Agent to Sell the Property

Kyle Tran

Kyle Tran, RE Broker License #01404420 Listed on: 02/25/2013

Last Buyer's Agent

Lily Shen

Advante Real Estate License #01062814

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,607

Year Built

  • Built in 1964

Lot Details

  • 436

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Guest Parking

Location

  • Unit is on the top floor

Utilities

  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 372-37-036

Community Details

Overview

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

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,607

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 49
  • Sale Price Per Sq Ft: 524.76
  • 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: 1964
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining "L", No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1050
  • Stories: 2
  • Security: Security Building, Security Gate
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • View: Mountains

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Underground Parking

Utilities

  • Heating System: Baseboard

Condo/Co-op/Association

  • HOA Fees: 409
  • HOA Amenities: Playground, Club House, Elevator, Gym / Exercise Facility, Garden / Greenbelt / Trails, Community Pool
  • HOA Documents: Bylaws, Budget, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Sewer, Water, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Cupertino Creek
  • Levels In Unit: 2
  • 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: 372-37-036
  • List Price per Sq Ft: 494.29
  • 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

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Top Floor or Penthouse

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
Jul 31, 2019
Sold by
Patil Amit Ramesh and Upganlawar Jooja
Bought by
Apsingekar Venkatesh Sarvottamrao and Kulkarni Madura Madhavrao
Current Estimated Value
$938,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,130
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Patil Amit Ramesh
Bought by
Patil Amit Ramesh and Upganlawar Pooja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2013
Closed on
Apr 11, 2013
Sold by
Nagarajan Gajarajan and Gajarajan Gayathri
Bought by
Patil Amit Ramesh
Seller's Agent
Kyle Tran
Kyle Tran, RE Broker
Buyer's Agent
Lily Shen
Advante Real Estate
List Price
$519,000
Sold Price
$551,000
Premium/Discount to List
$32,000
6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$408,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Gonsalves Woodrow A and Gonsalves Marla
Bought by
Nagarajan Gajarajan and Gajarajan Gayathri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Gonsalves Woodrow A and Gonsalves Maria E
Bought by
Gonsalves Woodrow A and Gonsalves Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 11, 1996
Sold by
Cupertino Property Inc
Bought by
Gonsalves Woodrow A and Gonsalves Marla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,050
Interest Rate
7.8%
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
Apsingekar Venkatesh Sarvottamrao $870,000 Old Republic Title Company
Patil Amit Ramesh -- First American Title Company
Patil Amit Ramesh $551,000 Fidelity National Title Co
Nagarajan Gajarajan $407,000 Chicago Title
Gonsalves Woodrow A -- Fidelity National Title
Gonsalves Woodrow A $147,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apsingekar Venkatesh Sarvottamrao $752,000
Closed Apsingekar Venkatesh Sarvottamrao $782,130
Previous Owner Patil Amit Ramesh $585,000
Previous Owner Patil Amit Ramesh $392,000
Previous Owner Patil Amit Ramesh $408,750
Previous Owner Nagarajan Gajarajan $301,000
Previous Owner Nagarajan Gajarajan $325,600
Previous Owner Gonsalves Woodrow A $128,000
Previous Owner Gonsalves Woodrow A $228,800
Previous Owner Gonsalves Woodrow A $135,000
Previous Owner Gonsalves Woodrow A $15,000
Previous Owner Gonsalves Woodrow A $131,050
Closed Nagarajan Gajarajan $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $551,000 +6.2% $525 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $519,000 0.0% $494 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $519,000 -- $494 / 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 $10,607 $850,000 $425,000 $425,000
2023 $10,290 $815,000 $407,500 $407,500
2022 $11,511 $896,592 $448,296 $448,296
2021 $10,732 $824,000 $412,000 $412,000
2020 $11,239 $870,000 $435,000 $435,000
2019 $8,115 $608,246 $304,123 $304,123
2018 $7,899 $596,320 $298,160 $298,160
2017 $7,870 $584,628 $292,314 $292,314
2016 $7,635 $573,166 $286,583 $286,583
2015 $7,588 $564,558 $282,279 $282,279
2014 -- $553,500 $276,750 $276,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81305702

MLSListings

APN: 372-37-036