NOT LISTED FOR SALE

7174 Rainbow Dr San Jose, CA 95129

Calabazas Neighborhood

Estimated Value: $1,479,000 - $1,692,000

3 Beds
2.5 Baths
1,469 Sq Ft
$1,086/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $1,550,000 $1,055 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,554/month

31 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Eat-In Kitchen
  • Nelson S. Dilworth Elementary School Rated A-
  • Balcony
  • Garden Windows

About This Home

As of September 2023

Welcome to beautiful west facing, private community 3 bed 2.5 bath home with vaulted ceiling throughout, Wood Burning fireplace leading to huge backyard with Natural Scenic Setting. Kitchen offers updated Cabinets with new Induction Stainless Steel cooktop and Stainless Steel Appliances, It also have an island for breakfast, Ample closets and Bay window in Kitchen. 3 bedroom upstairs all have high vaulted ceiling and master bedroom offers Large walk in closet. Upstairs Bathroom has tub over shower in hallway and master bathroom offer dual vanity with standing shower. Inside side by side Laundry closet on ground floor. Every room is Bright & Spacious. Laminate Floor throughout. 1 Car garage has multipurpose use & another assigned parking spot. Low HOA of 270 and close distance to Dilworth, Miller and Lynbrook schools, Calabaza Library, Rainbow and Calabaza park, Shopping , Expressway and Highway. Come and enjoy this beautiful scenic setting , You will love, living here !

Last Agent to Sell the Property

Sunita Merchia

Merchia Realty License #01900102 Listed on: 07/14/2023

Merchia Realty

Last Buyer's Agent

Jing Hu

Coldwell Banker Realty License #02165683

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,654

Year Built

  • Built in 1979

Lot Details

  • 9,771 Sq Ft Lot
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Tandem Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Garden Windows
  • Family Room with Fireplace
  • Dining Area
  • Crawl Space
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, insurance - common area, insurance - structure, management fee, reserves, roof
  • 8 Units
  • Junction Realty Association
  • Built by Rainbow Creek HOA

Listing and Financial Details

  • Assessor Parcel Number 372-32-004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,654

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Age: 44
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 8
  • Structure Sq Ft: 1469
  • Complex Name: Rainbow Creek HOA
  • Year Built: 1979
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1469
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Fencing: Chain Link, Fenced Back
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Common Parking Area, Tandem Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 270
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Financial Statement, Minutes, No Association Docs Available, Reserve Study, Rules & Regulations
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Structure, Management Fee, Reserves, Roof
  • H O A Name Text: Junction Realty
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Fremont Union High
  • Elementary School: Dwight D. Eisenhower Elementary
  • Middle School: Joaquin Miller Middle
  • High School: Lynbrook High
  • High School: 259
  • Elementary School: 75
  • Middle School: 88

Lot Info

  • Lot Description: Views
  • Parcel Number: 372-32-004
  • Lot Acres: 0.2243

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Dwight D. Eisenhower Elementary
  • High School Text: Lynbrook High
  • Middle School Text: Joaquin Miller Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 11, 2023
Sold by
Rangaswamy Sudharsan and Rangaswamy Usha
Bought by
Luo Xi and Yu Qijing
Seller's Agent
Sunita Merchia
Merchia Realty
Buyer's Agent
Jing Hu
Coldwell Banker Realty
List Price
$1,598,000
Sold Price
$1,550,000
Premium/Discount to List
-$48,000
-3%
Views
147
Current Estimated Value
$1,628,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,375
Avg. Annual Appreciation
1.77%
Original Mortgage
$1,240,000
Outstanding Balance
$1,219,985
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$382,465

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 5, 2019
Sold by
Rati Shiddalingnagouda and Kandagal Jaisheela
Bought by
Rangaswamy Sudharsan and Sudharsan Usha
Seller's Agent
Michelle Carr-Crowe
Altas Realty
Buyer's Agent
Sunita Merchia
Intero Real Estate Services
List Price
$1,399,000
Sold Price
$1,415,000
Premium/Discount to List
$16,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$1,069,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 1, 2013
Sold by
Aluru Ravi and Aluru Yamini
Bought by
Rati Shiddalinganagouda and Kandagal Jaisheela
Seller's Agent
Ravi Aluru
Ravi Aluru, Broker
Buyer's Agent
Ravi Aluru
Ravi Aluru, Broker
List Price
$968,000
Sold Price
$975,000
Premium/Discount to List
$7,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$780,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2007
Sold by
Shitole Sanjay C and Shitole Vidhya
Bought by
Aluru Ravi and Aluru Yamini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bower John A and Bower Joan M
Bought by
Shitole Sanjay C and Shitole Vidhya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Luo Xi $1,550,000 Chicago Title
Rangaswamy Sudharsan $1,415,000 First American Title Company
Rati Shiddalinganagouda $975,000 Chicago Title Company
Aluru Ravi $800,000 First American Title
Shitole Sanjay C $670,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Xi $1,240,000
Closed Luo Xi $1,240,000
Previous Owner Rangaswamy Sudharsan $1,057,000
Previous Owner Rangaswamy Sudharsan $1,069,500
Previous Owner Rati Shiddalinganago $500,000
Previous Owner Rati Shiddalinganago $699,000
Previous Owner Rati Shiddalinganagoudauda $201,000
Previous Owner Rati Shiddalinganagouda $82,000
Previous Owner Rati Shiddalinganagouda $780,000
Previous Owner Aluru Ravi $640,000
Previous Owner Shitole Sanjay C $536,000
Closed Shitole Sanjay C $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $1,550,000 -3.0% $1,055 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $1,598,000 +12.9% $1,088 / Sq Ft
04/02/2019 04/02/19 Sold $1,415,000 -2.4% $943 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/19/2019 02/19/19 Price Changed $1,450,000 +3.6% $967 / Sq Ft
01/24/2019 01/24/19 For Sale $1,399,000 +43.5% $933 / Sq Ft
08/02/2013 08/02/13 Sold $975,000 +0.7% $650 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $968,000 -- $645 / 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 $19,654 $1,550,000 $775,000 $775,000
2023 $18,909 $1,480,000 $740,000 $740,000
2022 $19,231 $1,487,416 $743,708 $743,708
2021 $18,991 $1,458,252 $729,126 $729,126
2020 $18,663 $1,443,300 $721,650 $721,650
2019 $14,188 $1,071,440 $535,720 $535,720
2018 $13,792 $1,050,432 $525,216 $525,216
2017 $13,731 $1,029,836 $514,918 $514,918
2016 $13,321 $1,009,644 $504,822 $504,822
2015 $13,241 $994,480 $497,240 $497,240
2014 $12,569 $975,000 $487,500 $487,500
Source: Public Records

Agents Affiliated with this Home

  • Sunita Merchia

    Seller's Agent in 2023

    Sunita Merchia

    Merchia Realty

    (408) 916-6135

    3 in this area

    100 Total Sales

    Section Image
  • Jing Hu

    Buyer's Agent in 2023

    Jing Hu

    Coldwell Banker Realty

    (408) 520-6233

    2 in this area

    163 Total Sales

    Section Image
  • Michelle Carr-Crowe

    Seller's Agent in 2019

    Michelle Carr-Crowe

    Altas Realty

    (408) 252-8900

    2 in this area

    25 Total Sales

    Section Image

  • R

    Seller's Agent in 2013

    Ravi Aluru

    Ravi Aluru, Broker

    (408) 464-4535

    2 Total Sales

    Section Image

  • D

    Buyer's Agent in 2013

    Debbie Nasim

    Professional Realty Services

    (760) 603-8377

    5 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81938028

MLSListings

APN: 372-32-004

California Santa Clara County San Jose 95129 Calabazas

7174 Rainbow Dr, San Jose, CA

This home is located at 7174 Rainbow Dr, San Jose, CA 95129 since 14 July 2023 and is currently estimated at $1,595,239, approximately $1,085 per square foot. This property was built in 1979. 7174 Rainbow Dr is a home located in Santa Clara County with nearby schools including Nelson S. Dilworth Elementary School, Joaquin Miller Middle, and Lynbrook High School.

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