NOT LISTED FOR SALE

7318 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,548,000 - $3,908,000

4 Beds
4 Baths
2,036 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $2,200,000 $1,081 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $21,193/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Den
  • Blue Hills Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Entertainment System

About This Home

As of April 2018

An incredibly contemporary and cozy single house located in the heart of Silicon Valley. With a total of 4 bedrooms, One bedroom is located on the first floor accompanied with its own walk-in closet and full bath. Upstairs lies 3 bedrooms with natural light flooding each room along with a spacious and homely office with built-in shelves. The ample kitchen has its own built-in refrigerator. Built-in high definition audio speakers line the home for the comfort of its owners. This home provides countless of valuable qualities such as its new paint job, fresh carpet floors, high ceilings, and special molding. The meticulous details of the home range from its tile floors to wallpapers. There is an attached 2 car garage and extra guest parking. Top schools, convenient location, and being a past model home, this one is truly a special one of its kind.

Last Agent to Sell the Property

Meesun Kang

Legacy Real Estate & Associates License #01726460 Listed on: 03/21/2018

Legacy Real Estate & Associates

Co-Listed By

Jun Chung

Legacy Real Estate & Associates License #01781903

Last Buyer's Agent

Andy Sweat

KW Bay Area Estates License #01974462

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,321

Year Built

  • Built in 2005

Lot Details

  • 1,947 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,036 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Entertainment System
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, management fee, roof
  • Murano HOA

Listing and Financial Details

  • Assessor Parcel Number 366-58-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,321

Year Built

Built in 2005

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 2036
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Garbage Disposal, Hookups - Gas, Oven - Self Cleaning, Oven Range, Refrigerator
  • Living Sq Ft: 2036
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Stall Shower, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 160
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Management Fee, Roof
  • H O A Name Text: Murano HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Video / Audio System, Walk-in Closet

Schools

  • School District: Fremont Union High

Lot Info

  • Parcel Number: 366-58-004
  • Lot Acres: 0.0447
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1945.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1945.00

Green Features

  • Energy Features: Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Doshi Sachin Ramesh and Priyanki Sachin
Bought by
Doshi Family Revocable Trust and Doshi
Current Estimated Value
$3,395,464

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 16, 2018
Sold by
Lee Kyung and Lee Kyung Tek
Bought by
Doshi Sachin and Doshi Priyanki
Seller's Agent
Meesun Kang
Legacy Real Estate & Associates
Buyer's Agent
Andy Sweat
KW Bay Area Estates
List Price
$1,799,000
Sold Price
$2,200,000
Premium/Discount to List
$401,000
22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,760,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 2016
Sold by
Lee Kyung and Lee Ka Eun
Bought by
Lee Kyung and Lee Ka Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2005
Sold by
Centex Homes
Bought by
Lee Kyung and Ban Ka Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
5.37%
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
Doshi Family Revocable Trust -- None Listed On Document
Doshi Family Revocable Trust -- None Listed On Document
Doshi Sachin $2,200,000 Fidelity National Title Co
Lee Kyung -- First American Title Company
Lee Kyung -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doshi Sachin $1,520,000
Previous Owner Doshi Sachin $1,760,000
Previous Owner Lee Kyung $1,102,955
Previous Owner Lee Kyung $765,000
Previous Owner Lee Kyung $350,000
Previous Owner Lee Kyung $200,000
Previous Owner Lee Kyung $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $2,200,000 +22.3% $1,081 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,799,000 -- $884 / 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 $29,321 $2,503,220 $1,251,610 $1,251,610
2024 $29,321 $2,454,138 $1,227,069 $1,227,069
2023 $29,071 $2,406,018 $1,203,009 $1,203,009
2022 $28,688 $2,358,842 $1,179,421 $1,179,421
2021 $28,394 $2,312,592 $1,156,296 $1,156,296
2020 $28,050 $2,288,880 $1,144,440 $1,144,440
2019 $27,396 $2,244,000 $1,122,000 $1,122,000
2018 $16,383 $1,321,144 $660,572 $660,572
2017 $16,270 $1,295,240 $647,620 $647,620
2016 $15,747 $1,269,844 $634,922 $634,922
2015 $15,629 $1,250,770 $625,385 $625,385
2014 $15,224 $1,226,270 $613,135 $613,135
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Meesun Kang

    Legacy Real Estate & Associates

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jun Chung

    Legacy Real Estate & Associates

    Section Image
  • Andy Sweat

    Buyer's Agent in 2018

    Andy Sweat

    KW Bay Area Estates

    (408) 802-3540

    161 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81697441

MLSListings

APN: 366-58-004

California Santa Clara County Cupertino 95014 McClellan

7318 Rainbow Dr, Cupertino, CA

This home is located at 7318 Rainbow Dr, Cupertino, CA 95014 since 21 March 2018 and is currently estimated at $3,203,803, approximately $1,573 per square foot. This property was built in 2005. 7318 Rainbow Dr is a home located in Santa Clara County with nearby schools including Blue Hills Elementary School, John F. Kennedy Middle School, and Monta Vista High School.

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