NOT LISTED FOR SALE

7150 Rainbow Dr Unit 37 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $988,000 - $1,599,000

3 Beds
2.5 Baths
1,352 Sq Ft
436 Sq Ft

Last Sold April 21, 2014

Last sale price $760,000 $562 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,005/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Breakfast Room
  • Nelson S. Dilworth Elementary School Rated A-
  • Neighborhood Views
  • Attached Garage

About This Home

As of April 2014

Rare 3 bedroom, 2.5 bath two level unit! Remodeled kitchen w/solid wood cabinets, stainless steel appliances, granite slab and laminate wood floor. New carpet, interior paint. Separate Laundry room with new vinyl floor. Huge master bedroom and remodeled bathroom. Master bathroom w/ new vanity, granite slab, laminate flooring. Large bedrooms. Balcony off large family room.2 parking spaces. A Gem!

Last Agent to Sell the Property

Stephanie Wedge

Intero Real Estate Services License #01210398 Listed on: 03/20/2014

Intero Real Estate Services

Last Buyer's Agent

Douglas Tobin

Intero Real Estate Services License #00478571

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Lot Details

  • 436

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Separate Family Room
  • Breakfast Room
  • Dining Room
  • Neighborhood Views
  • Security Gate

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Baseboard Heating
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, sewer, water, common area electricity, exterior painting, fencing, garbage, insurance - common area, insurance - liability, unit coverage insurance
  • Cupertino Creekside Homeowners Associati Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 372-37-037

Property Details

Home Type

Condominium

Year Built

Built in 1964

Lot Details

436 Sq Ft Lot

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Sale Price Per Sq Ft: 562.13
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1352
  • Incorporated: Yes
  • Map Book Page: 852
  • Map Side Coordinate: 4
  • Map Top Coordinate: E
  • Thomas Bros Page: 852
  • Thomas Brothers: E4
  • Year Built: 1964
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet
  • Living Sq Ft: 1352
  • Stories: 1
  • Security: Security Building, Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room
  • Flooring: Laminate, Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Street
  • Carport Min: 2

Utilities

  • Heating System: Baseboard

Condo/Co-op/Association

  • HOA Fees: 429
  • HOA Amenities: Garden / Greenbelt / Trails
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Sewer, Water, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability, Unit Coverage Insurance
  • H O A Name Text: Cupertino Creekside Homeowners Associati
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Schools

  • High School: 259

Lot Info

  • Parcel Number: 372-37-037
  • List Price per Sq Ft: 554.70
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: 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
Oct 26, 2020
Sold by
Muthira Mammootty and Ahmed Sabi
Bought by
Muthira Mammootty and Ahmed Sabi
Current Estimated Value
$1,179,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$156,684
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,023,254

Purchase Details

Closed on
Oct 24, 2020
Sold by
Muthira Mammootty and Ahmed Sabi
Bought by
Muthira Mammootty and Ahmed Sabi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$156,684
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,023,254

Purchase Details

Closed on
Dec 7, 2017
Sold by
Muthia Mammootty and Ahmed Sabi
Bought by
Muthira Mammoothy and Ahmed Sabi

Purchase Details

Listed on
Mar 20, 2014
Closed on
Apr 15, 2014
Sold by
Mehta Nitinkumar C and Mehta Daksha S
Bought by
Ahmed Sabi and Muthira Mammootty
Seller's Agent
Stephanie Wedge
Intero Real Estate Services
Buyer's Agent
Douglas Tobin
Intero Real Estate Services
List Price
$749,950
Sold Price
$760,000
Premium/Discount to List
$10,050
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$360,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 26, 2001
Sold by
Mehta Nitinkumar C and Mehta Daksha S
Bought by
Mehta Nitinkumar C and Mehta Daksha S

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
5.87%

Purchase Details

Closed on
May 24, 1996
Sold by
Cupertino Property Inc
Bought by
Mehta Nitin C and Mehta Daksha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.97%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Muthira Mammootty -- Amrock Inc
Muthira Mammootty -- Amrock Inc
Muthira Mammoothy -- None Available
Ahmed Sabi $760,000 Chicago Title Company
Mehta Nitinkumar C -- Fidelity National Title Co
Mehta Nitin C $187,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthira Mammootty $218,000
Closed Ahmed Sabi $360,000
Previous Owner Mehta Nitinkumar C $300,000
Previous Owner Mehta Nitin C $177,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $760,000 +1.3% $562 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $749,950 -- $555 / Sq Ft
Source: MLSListings

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 $11,343 $931,337 $465,576 $465,761
2024 $11,343 $913,077 $456,448 $456,629
2023 $11,343 $895,175 $447,499 $447,676
2022 $11,287 $877,624 $438,725 $438,899
2021 $11,167 $860,417 $430,123 $430,294
2020 $11,019 $851,595 $425,713 $425,882
2019 $10,818 $834,898 $417,366 $417,532
2018 $10,526 $818,529 $409,183 $409,346
2017 $10,489 $802,480 $401,160 $401,320
2016 $10,180 $786,746 $393,295 $393,451
2015 $10,121 $774,929 $387,388 $387,541
2014 $3,770 $253,404 $94,855 $158,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81409078

MLSListings

APN: 372-37-037

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