NOT LISTED FOR SALE

7518 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,677,000 - $3,904,661

3 Beds
2 Baths
1,415 Sq Ft
$2,346/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2017

Last sale price $1,800,000 $1,272 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $20,107 / mo

9 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • Wood Burning Fireplace
  • Blue Hills Elementary School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2017

This 1415 square foot single family home has 3 bedrooms and 2.0 bathrooms. It is located at 7518 Rainbow Dr Cupertino, California. Centrally located near highway 85, shopping and Cupertino Schools.

Last Agent to Sell the Property

Ryan Phan

Realty One Group Infinity License #01752816 Listed on: 06/27/2017

Realty One Group Infinity

Co-Listed By

Derrick D'Acolatse

Realty One Group Infinity License #01518929

Last Buyer's Agent

Ryan Phan

Realty One Group Infinity License #01752816 Listed on: 06/27/2017

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 5,998 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 366-11-046

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

5,998 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1415
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 1415
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 260

Lot Info

  • Parcel Number: 366-11-046
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
Jun 9, 2023
Sold by
Deshpande Abhijit Y and Deshpande Gouri
Bought by
Gaty Trust
Current Estimated Value
$3,320,256

Purchase Details

Closed on
Oct 23, 2017
Sold by
Deshpande Abhijit Y and Deshpande Gouri
Bought by
Deshpande Abhijit Y and Deshpande Gouri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2017
Closed on
Jul 17, 2017
Sold by
Wasserman Eidell B
Bought by
Deshpande Abhijit Y and Deshpande Gouri
Seller's Agent
Ryan Phan
Realty One Group Infinity
Buyer's Agent
Ryan Phan
Realty One Group Infinity
List Price
$1,465,000
Sold Price
$1,800,000
Premium/Discount to List
$335,000
22.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,440,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Sold by
Wasserman Frances
Bought by
Wasserman Frances
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gaty Trust -- None Listed On Document
Deshpande Abhijit Y -- Chicago Title Company
Deshpande Abhijit Y $1,800,000 Chicago Title Company
Wasserman Frances -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Deshpande Abhijit Y $1,440,000
Previous Owner Deshpande Abhijit Y $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $1,800,000 +22.9% $1,272 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $1,465,000 -- $1,035 / 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 $25,248 $2,923,580 $1,843,282 $1,080,298
2024 $25,248 $2,093,760 $1,807,140 $286,620
2023 $23,964 $1,968,561 $1,771,706 $196,855
2022 $23,690 $1,929,963 $1,736,967 $192,996
2021 $23,443 $1,892,121 $1,702,909 $189,212
2020 $23,157 $1,872,720 $1,685,448 $187,272
2019 $22,598 $1,836,000 $1,652,400 $183,600
2018 $21,732 $1,800,000 $1,620,000 $180,000
2017 $1,635 $76,583 $29,632 $46,951
2016 $1,476 $75,082 $29,051 $46,031
2015 $1,376 $73,955 $28,615 $45,340
2014 $1,325 $72,507 $28,055 $44,452
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Phan

    Realty One Group Infinity

    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Derrick D'Acolatse

    Realty One Group Infinity

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81667799

MLSListings

APN: 366-11-046

California Santa Clara County Cupertino 95014 McClellan

7518 Rainbow Dr, Cupertino, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.