NOT LISTED FOR SALE

7545 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,844,000 - $3,389,000

3 Beds
2 Baths
1,410 Sq Ft
$2,173/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $1,600,000 $1,135 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $18,564/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • Abraham Lincoln Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of June 2016

Beautiful remodel. Double pane windows. Hardwood floor .Top of the line almost New energy efficient Lennox heater and AC .Remodeled kitchen offers Granite, Wolf range w/ food warmer, Stainless Steel appliances, Subzero fridge, Island & Garden window. Remodeled Bathrooms. Water filtration system throughout. Low maintenance backyard. Fruit trees;Persimmon,Kumquat,Guava,Banana,Orange,Apple.Pear. .showing 4-8 PM daily.

Last Agent to Sell the Property

Jenna Lee

Coldwell Banker Realty License #00969673 Listed on: 05/05/2016

Coldwell Banker Realty

Last Buyer's Agent

Jenna Lee

Coldwell Banker Realty License #00969673 Listed on: 05/05/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,433

Year Built

  • Built in 1958

Lot Details

  • 6,011 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Connection Less Than 500 Feet Away

Listing and Financial Details

  • Assessor Parcel Number 362-30-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,433

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 1410
  • Incorporated: Yes
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Hookups - Ice Maker, Island, Microwave, Oven - Self Cleaning, Oven Range, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1410
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Lawn
  • Fencing: Fenced
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Sewer Connections - LESS than 500 feet away

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

  • Lot Description: Grade - Level
  • Parcel Number: 362-30-019
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Double Pane Windows

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
Nov 2, 2020
Sold by
Deshpande Ketan and Chiplunakar Nirupama
Bought by
Deshpande Ketan Madhukar and Chiplunakar Nirupama
Current Estimated Value
$3,064,057

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 16, 2016
Sold by
Selvaraj Sathiya K and Krishnaveni Geetha
Bought by
Deshpande Ketan M and Chiplunakar Nirupama
Seller's Agent
Jenna Lee
Coldwell Banker Realty
Buyer's Agent
Jenna Lee
Coldwell Banker Realty
List Price
$1,680,000
Sold Price
$1,600,000
Premium/Discount to List
-$80,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,280,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2009
Sold by
Chen Kai Jen and Deng Zhao Hui
Bought by
Selvaraj Sathiya K and Krishnaveni Geetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Lee Jacob and Lee Ann J
Bought by
Chen Kai Jen and Deng Zhao Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2004
Sold by
Donahue Kathryn A
Bought by
Lee Kwang H and Lee Ann J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1995
Sold by
Donahue Kathryn I
Bought by
Donahue Kathryn A
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
Deshpande Ketan Madhukar -- None Available
Deshpande Ketan M $1,600,000 Cornerstone Title Company
Selvaraj Sathiya K $970,000 Old Republic Title Company
Chen Kai Jen $1,073,000 Chicago Title Company Cu
Lee Kwang H $760,000 Financial Title Company
Donahue Kathryn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshpande Family Trust $500,000
Open Deshpande Ketan Madhukar $1,152,000
Closed Deshpande Ketan Madhukar $1,155,000
Closed Deshpande Ketan Madhukar $1,165,000
Closed Deshpande Ketan M $1,168,000
Closed Deshpande Ketan M $1,280,000
Previous Owner Selvaraj Sathiya $720,000
Previous Owner Selvaraj Sathiya K $729,750
Previous Owner Selvaraj Sathiya K $776,000
Previous Owner Chen Kai Jen $499,000
Previous Owner Chen Kai Jen $500,000
Previous Owner Lee Kwang H $183,950
Previous Owner Lee Kwang H $608,000
Previous Owner Lee Kwang H $76,000
Previous Owner Lee Kwang H $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $1,600,000 -3.0% $1,135 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/24/2016 05/24/16 Price Changed $1,650,000 +6.5% $1,170 / Sq Ft
05/18/2016 05/18/16 Price Changed $1,550,000 -1.9% $1,099 / Sq Ft
05/18/2016 05/18/16 Price Changed $1,580,000 -6.0% $1,121 / Sq Ft
05/05/2016 05/05/16 For Sale $1,680,000 -- $1,191 / 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 $22,433 $1,894,069 $1,515,257 $378,812
2024 $22,433 $1,856,932 $1,485,547 $371,385
2023 $22,433 $1,820,522 $1,456,419 $364,103
2022 $21,997 $1,784,826 $1,427,862 $356,964
2021 $21,765 $1,749,830 $1,399,865 $349,965
2020 $21,498 $1,731,889 $1,385,512 $346,377
2019 $20,977 $1,697,932 $1,358,346 $339,586
2018 $20,399 $1,664,640 $1,331,712 $332,928
2017 $20,267 $1,632,000 $1,305,600 $326,400
2016 $13,228 $1,055,183 $633,111 $422,072
2015 $13,124 $1,039,335 $623,602 $415,733
2014 $12,782 $1,018,977 $611,387 $407,590
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jenna Lee

    Coldwell Banker Realty

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Map

Source: MLSListings

MLS Number: ML81583948

MLSListings

APN: 362-30-019

California Santa Clara County Cupertino 95014 McClellan

7545 Rainbow Dr, Cupertino, CA

This home is located at 7545 Rainbow Dr, Cupertino, CA 95014 since 05 May 2016 and is currently estimated at $3,064,057, approximately $2,173 per square foot. This property was built in 1958. 7545 Rainbow Dr is a home located in Santa Clara County with nearby schools including Abraham Lincoln Elementary School, John F. Kennedy Middle School, and Monta Vista High School.

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