NOT LISTED FOR SALE

7322 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,504,000 - $3,233,000

4 Beds
4 Baths
1,948 Sq Ft
$1,509/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $1,200,000 $616 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $17,499/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • Blue Hills Elementary School Rated A-
  • Traditional Architecture
  • Double Pane Windows

About This Home

As of June 2013

*Gorgeous 8 year young home*Corner Unit* Bright & Spacious*Each bedrm has their own bath*1st Fl has a bedrm*Dining, Kitchen & Family are well connected*Walnut Floor*Gourmet Kitchen w/ granite countertop, Cherry cabinet,SS app.*Master Bath w/ Jaccuzi, dbl sinks, marble top*DP window**Copper Piping*Central AC & heating* Award winning Cupertino schools: Regnart Elem., Kennedy Middle, Monta Vista High

Last Agent to Sell the Property

Rebecca Lin

Maxreal License #01395906 Listed on: 05/01/2013

Maxreal

Last Buyer's Agent

Annie Zhou

Maxreal License #01877181

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,792

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Utility Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Sewer Within 50 Feet

Community Details

  • Property has a Home Owners Association
  • Cjm Association

Listing and Financial Details

  • Assessor Parcel Number 366-58-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,792

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 8
  • Sale Price Per Sq Ft: 616.02
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 1948
  • Incorporated: Yes
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Gas Starter, Yes
  • Dining Room: Dining "L", Breakfast Bar
  • Stories: Tri Level
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Hookups - Gas
  • Living Sq Ft: 1948
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Formal Entry
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinklers - Auto, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

Condo/Co-op/Association

  • HOA Fees: 137
  • H O A Name Text: CJM
  • H O A Exist: Yes

Schools

  • School District: Fremont Union High
  • Elementary School: William Regnart Elementary
  • Middle School: John F. Kennedy Middle
  • High School: Monta Vista High
  • High School: 260
  • Elementary School: 97
  • Middle School: 84

Lot Info

  • Parcel Number: 366-58-055
  • Lot Location: Corner
  • List Price per Sq Ft: 599.59
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2178.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2178.00
  • Lot Size Area Min Search: 2178.00
  • Maximum Lot Size: 2178.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: William Regnart Elementary
  • High School Text: Monta Vista High
  • Middle School Text: John F. Kennedy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 3, 2013
Sold by
Park Sam Hoon and Park Soon Ja
Bought by
Valmikam Ravikiran and Chillappa Navita
Seller's Agent
Rebecca Lin
Maxreal
Buyer's Agent
Annie Zhou
Maxreal
List Price
$1,168,000
Sold Price
$1,200,000
Premium/Discount to List
$32,000
2.74%
Current Estimated Value
$2,939,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,739,383
Avg. Annual Appreciation
7.25%
Original Mortgage
$900,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2005
Sold by
Centex Homes
Bought by
Park Sam Hoon and Park Soon Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,652
Interest Rate
5.38%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Valmikam Ravikiran $1,200,000 First American Title Company
Park Sam Hoon $1,068,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valmikam Ravikiran $794,000
Closed Valmikam Ravikiran $815,000
Closed Valmikam Ravikiran $900,000
Previous Owner Park Sam Hoon $100,000
Previous Owner Park Sam Hoon $854,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $1,200,000 +2.7% $616 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,168,000 -- $600 / 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 $17,792 $1,477,704 $949,427 $528,277
2024 $17,792 $1,448,730 $930,811 $517,919
2023 $17,628 $1,420,324 $912,560 $507,764
2022 $17,491 $1,392,475 $894,667 $497,808
2021 $17,303 $1,365,173 $877,125 $488,048
2020 $17,088 $1,351,176 $868,132 $483,044
2019 $16,669 $1,324,683 $851,110 $473,573
2018 $16,202 $1,298,710 $834,422 $464,288
2017 $16,091 $1,273,246 $818,061 $455,185
2016 $15,576 $1,248,281 $802,021 $446,260
2015 $15,460 $1,229,531 $789,974 $439,557
2014 $15,061 $1,205,447 $774,500 $430,947
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rebecca Lin

    Maxreal

    (408) 212-8800

    3 in this area

    89 Total Sales

    Rebecca Lin
    Section Image

  • A

    Buyer's Agent in 2013

    Annie Zhou

    Maxreal

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81314557

MLSListings

APN: 366-58-055

California Santa Clara County Cupertino 95014 McClellan

7322 Rainbow Dr, Cupertino, CA

This home is located at 7322 Rainbow Dr, Cupertino, CA 95014 since 01 May 2013 and is currently estimated at $2,939,383, approximately $1,508 per square foot. This property was built in 2005. 7322 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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