NOT LISTED FOR SALE

7150 Rainbow Dr Unit 51 San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $1,139,000 - $1,420,000

3 Beds
2.5 Baths
1,395 Sq Ft
436 Sq Ft Lot

Last Sold January 10, 2013

Last sale price $614,888 $441 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,666/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • End Unit
  • Nelson S. Dilworth Elementary School Rated A-
  • Sauna
  • Neighborhood Views

About This Home

As of January 2013

Charming 3 Bedrm 2.5 Bathrm*End Unit *Cupertino Schools:Meyerholz/Miller/Lynbrook*Large Living Rm w/New Berber Carpet*Gourmet Kitchen w/Granite Countertop/New Tile Fl*Upgraded Master Bath w/New Tile Fl/ Fresh Interior Painting*New Berber Carpet in All 3 BR & Hallway*Newer Roof & Balcony by HOA*Inside Laundry*2 Underground Parking Space*Walking Distance to Schools, Park, Library and Shopping Center

Last Agent to Sell the Property

Rebecca Lin

Maxreal License #01395906 Listed on: 11/13/2012

Maxreal

Last Buyer's Agent

Danni Wu

Intero Real Estate Services License #01385763

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,100

Year Built

  • Built in 1964

Lot Details

  • End Unit

Interior Spaces

  • 1,395 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub

Home Security

  • Security Gate
  • Intercom

Parking

  • Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Zoned Heating
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 372-37-051

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,100

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 49
  • Sale Price Per Sq Ft: 440.78
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1395
  • Barclay Horizontal: 23
  • Barclays Page: 62
  • Complex Name: Cupertino Creekside
  • 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: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 1395
  • Stories: 2
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Heating System: Baseboard, Heating - 2+ Zones

Condo/Co-op/Association

  • HOA Fees: 437
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Water, Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: Cupertino Creedkside
  • 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: 372-37-051
  • List Price per Sq Ft: 443.01
  • 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: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

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
Feb 5, 2015
Sold by
Ling Wei and Wu Danni
Bought by
Lee Sang Min and Kwon Mi Soon
Current Estimated Value
$1,231,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Outstanding Balance
$466,723
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$764,724

Purchase Details

Listed on
Nov 13, 2012
Closed on
Dec 28, 2012
Sold by
Pati Vishvabhusan and Pati Madhumita
Bought by
Ling Wei and Wu Danni
Seller's Agent
Rebecca Lin
Maxreal
Buyer's Agent
Danni Wu
Intero Real Estate Services
List Price
$618,000
Sold Price
$614,888
Premium/Discount to List
-$3,112
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$450,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Raghuram Krishnan and Raghuram Vandana
Bought by
Pati Vishvabhusan and Pati Madhumita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1995
Sold by
Saratoga Garden Associates L P
Bought by
Pond David G and Pond Tawny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
9.03%
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
Lee Sang Min $830,000 Chicago Title Company
Ling Wei $615,000 First American Title Company
Pati Vishvabhusan $630,000 Chicago Title Co
Pond David G $192,000 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sang Min $622,500
Previous Owner Ling Wei $450,000
Previous Owner Pati Vishvabhusan $365,500
Previous Owner Pati Vishvabhusan $371,000
Previous Owner Pati Vishvabhusan $377,000
Previous Owner Pati Vishvabhusan $380,000
Previous Owner Raghuram Krishnan $212,600
Previous Owner Raghuram Krishnan $216,500
Previous Owner Raghuram Krishnan $225,000
Previous Owner Pond David G $182,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $614,888 -0.5% $441 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $618,000 -- $443 / 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 $12,100 $997,522 $498,761 $498,761
2024 $12,100 $977,964 $488,982 $488,982
2023 $12,100 $958,790 $479,395 $479,395
2022 $12,024 $939,992 $469,996 $469,996
2021 $11,899 $921,562 $460,781 $460,781
2020 $11,740 $912,114 $456,057 $456,057
2019 $11,526 $894,230 $447,115 $447,115
2018 $11,214 $876,698 $438,349 $438,349
2017 $11,175 $859,508 $429,754 $429,754
2016 $10,846 $842,656 $421,328 $421,328
2015 $8,377 $630,134 $315,067 $315,067
2014 $8,146 $617,792 $308,896 $308,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81240846

MLSListings

APN: 372-37-051