NOT LISTED FOR SALE

7150 Rainbow Dr Unit 46 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $1,200,000 - $1,397,384

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

Last Sold July 02, 2021

Last sale price $1,307,500 $967 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,618/month

8 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Secured Garage or Parking
  • Nelson S. Dilworth Elementary School Rated A-
  • Bathtub with Shower
  • Baseboard Heating

About This Home

As of July 2021

Unique, sought after, two-story condo floor plan in the heart of Cupertino school district (Meyerholz, Miller, Lynbrook - buyer to verify with registrar) in Cupertino Creekside! All three bedrooms are large in this spacious home, with the master bedroom featuring its own ensuite bath. Kitchens and baths have been recently updated, and the interior freshly painted with neutral color palette. Kitchen highlights are stainless appliances, and new flooring, dishwasher, and refrigerator. Light fixtures have been updated, and you'll also find new hardware throughout. Half bath on first level. Balcony looks out over the parklike-plaza common area. Two secure parking spots with elevator into the building are included. Grocery shopping, coffee shops, 85 Degree Bakery, and freeway entrance nearby.

Last Agent to Sell the Property

Kelsey Lane

Compass License #01390557 Listed on: 05/27/2021

Compass

Last Buyer's Agent

Kelsey Lane

Compass License #01390557 Listed on: 05/27/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,742

Year Built

  • 1964

Lot Details

  • 436

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Off-Street Parking

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • Private Pool
  • Baseboard Heating

Community Details

  • Association fees include common area electricity, garbage, hot water, landscaping / gardening, maintenance - common area, pool spa or tennis, sewer, water
  • Cupertino Creekside Association
  • The community has rules related to parking rules

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,742

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Building Number: 1
  • Restrictions: Parking Restrictions
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 1352
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1964

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Laminate, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1352
  • Stories: 2
  • Security: Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Laminate
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+, Tub In Primary Bedroom, Tubs - 2+

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Enclosed, Off-Street Parking, Underground Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cupertino Creekside
  • HOA Fees: 557
  • Association Fees Include: Common Area Electricity, Garbage, Hot Water, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Cupertino Creekside

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

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Bi/Split Level Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 29, 2021
Sold by
Bhakta Rajaram M and Bhakta Kiran
Bought by
Ma Selina
Seller's Agent
Kelsey Lane
Compass
Buyer's Agent
Kelsey Lane
Compass
List Price
$1,099,000
Sold Price
$1,307,500
Premium/Discount to List
$208,500
18.97%
Current Estimated Value
$1,368,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,553
Avg. Annual Appreciation
0.81%
Original Mortgage
$1,012,000
Outstanding Balance
$926,158
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$425,461

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 4, 2014
Sold by
Shah Biren A and Shah Rina B
Bought by
Bhakta Rajaram M and Kini Kiran
Seller's Agent
Michelle Carr-Crowe
Keller Williams Thrive
Buyer's Agent
Zohreh Ghanati
Altas Realty
List Price
$769,000
Sold Price
$801,000
Premium/Discount to List
$32,000
4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$558,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jun 27, 2012
Sold by
Alonso Rodrigo Gregorio and Figueroa Maria Ena
Bought by
Shah Biren A and Shah Rina B
Seller's Agent
Bob Lane
Keller Williams Thrive
Buyer's Agent
Bob Lane
Keller Williams Thrive
Sold Price
$590,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.70%
Original Mortgage
$530,419
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 1996
Sold by
Cupertino Property Inc
Bought by
Alonso Rodrigo Gregorio and Figueroa Maria Ena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.8%
Mortgage Type
Balloon
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
Ma Selina $1,307,500 Lawyers Title Company
Ma Selina -- Lawyers Title Company
Bhakta Rajaram M $801,000 First American Title Company
Shah Biren A $590,500 Cornerstone Title Company
Alonso Rodrigo Gregorio $198,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Selina $1,012,000
Previous Owner Bhakta Rajaram M $497,300
Previous Owner Bhakta Rajaram M $558,000
Previous Owner Shah Biren A $63,358
Previous Owner Shah Biren A $530,419
Previous Owner Alonso Rodrigo Gregorio $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,307,500 +19.0% $967 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,099,000 +37.2% $813 / Sq Ft
03/18/2014 03/18/14 Sold $801,000 +4.2% $592 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $769,000 +30.3% $569 / Sq Ft
07/06/2012 07/06/12 Sold $590,011 -- $436 / 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 $12,742 $1,040,000 $520,000 $520,000
2023 $13,518 $1,095,000 $547,500 $547,500
2022 $16,287 $1,307,500 $653,750 $653,750
2021 $11,643 $907,130 $453,565 $453,565
2020 $11,487 $897,830 $448,915 $448,915
2019 $11,276 $880,226 $440,113 $440,113
2018 $10,969 $862,968 $431,484 $431,484
2017 $10,929 $846,048 $423,024 $423,024
2016 $10,606 $829,460 $414,730 $414,730
2015 $10,543 $817,002 $408,501 $408,501
2014 $7,761 $592,689 $296,339 $296,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846159

MLSListings

APN: 372-37-046