NOT LISTED FOR SALE

7150 Rainbow Dr Unit 49 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $816,766 - $1,122,000

2 Beds
1.5 Baths
1,050 Sq Ft
$429/ mo HOA Fee

Last Sold November 14, 2017

Last sale price $885,000 $843 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,031/month

10 Days on Market

Highlights

  • Open to Family Room
  • Nelson S. Dilworth Elementary School Rated A-
  • Dining Area

About This Home

As of November 2017

Excellent condominium..Good taste radiates throughout this 2 bedroom 2 Bath charmer prefect for a busy professional. You will find this delightful condo only minutes from shopping,freeways, and business area. A laundry room in your unit as well as access to a community Laundry room. Enjoy having a good work out in the gym, and a refreshing swim in the pool. You will enjoy the condo convenience.

Last Agent to Sell the Property

Michael T Gaillard

Suncrest Hills Realty License #01476266 Listed on: 09/29/2017

Suncrest Hills Realty

Last Buyer's Agent

Coco Tan

Keller Williams Realty-Silicon Valley License #01376998

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Lot Details

  • 436

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Wall Furnace

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area
  • Cupertino Creekside Association

Listing and Financial Details

  • Assessor Parcel Number 372-37-049

Property Details

Home Type

Condominium

Year Built

Built in 1964

Lot Details

436 Sq Ft Lot

HOA Fees

$429 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1050
  • Year Built: 1964
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 1050
  • Stories: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 429
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Budget, Bylaws, CC&RS, Financial Statement, Minutes, No Association Docs Available, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area
  • H O A Name Text: Cupertino Creekside
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 372-37-049
  • Lot Acres: 0.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 435.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 435.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 7, 2017
Sold by
Ott Joseph Steven and Ott Diane Kathleen
Bought by
Ganesha Raghavendra Pandimakki and Raghavendra Sahana
Seller's Agent
Michael T Gaillard
Suncrest Hills Realty
Buyer's Agent
Coco Tan
Keller Williams Realty-Silicon Valley
List Price
$885,000
Sold Price
$885,000
Current Estimated Value
$919,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,942
Avg. Annual Appreciation
0.47%
Original Mortgage
$708,000
Outstanding Balance
$597,451
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$322,491

Purchase Details

Closed on
Jan 9, 1995
Sold by
Saratoga Garden Associates L P
Bought by
Ott Joseph Steven and Ott Diane Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
9.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganesha Raghavendra Pandimakki $885,000 Old Republic Title Company
Ott Joseph Steven $150,000 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganesha Raghavendra Pandimakki $708,000
Previous Owner Ott Joseph Steven $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $885,000 0.0% $843 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $885,000 -- $843 / 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 $10,525 $820,000 $410,000 $410,000
2024 $10,525 $850,000 $425,000 $425,000
2023 $10,525 $815,000 $407,500 $407,500
2022 $10,996 $860,000 $430,000 $430,000
2021 $10,648 $824,000 $412,000 $412,000
2020 $11,760 $920,754 $460,377 $460,377
2019 $11,544 $902,700 $451,350 $451,350
2018 $11,229 $885,000 $442,500 $442,500
2017 $3,366 $217,070 $72,352 $144,718
2016 $3,260 $212,815 $70,934 $141,881
2015 $3,230 $209,619 $69,869 $139,750
2014 $3,111 $205,514 $68,501 $137,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81679891

MLSListings

APN: 372-37-049

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