NOT LISTED FOR SALE

7550 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,670,000 - $3,599,000

3 Beds
2 Baths
1,415 Sq Ft
$2,129/Sq Ft Est. Value

About This Home

This home is located at 7550 Rainbow Dr, Cupertino, CA 95014 and is currently estimated at $3,012,622, approximately $2,129 per square foot. 7550 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
Fong Kevin K and Fong Yan P
Bought by
Fong Kevin K and Fong Yan P
Current Estimated Value
$3,012,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2010
Sold by
Mavuduri Durga Prasad and Mavuduri Sitaphani
Bought by
Fong Kevin K and Fong Yan Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2007
Sold by
Chen Meggy
Bought by
Mavuduri Durga Prasad and Mavuduri Sitaphani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2001
Sold by
Chen Stanley
Bought by
Chen Meggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 17, 2000
Sold by
Weinstein Meyer
Bought by
Chen Stanley and Chen Meggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 17, 1995
Sold by
Weinstein Meyer and Weinstein Ruth
Bought by
Weinstein Meyer and Weinstein Ruth
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Fong Kevin K -- North American Title Co Inc
Fong Kevin K $1,070,000 Chicago Title Company
Mavuduri Durga Prasad $1,180,000 Old Republic Title Company
Chen Meggy -- Chicago Title Co
Chen Stanley $590,000 Old Republic Title Company
Weinstein Meyer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Kevin K $725,000
Closed Fong Kevin K $453,100
Closed Fong Kevin K $910,000
Closed Fong Kevin K $80,000
Closed Fong Kevin K $720,000
Closed Fong Kevin K $729,000
Previous Owner Mavuduri Durga Prasad $70,000
Previous Owner Mavuduri Durga Prasad $944,000
Previous Owner Chen Meggy $320,000
Previous Owner Chen Meggy $326,000
Previous Owner Chen Meggy $328,000
Previous Owner Chen Stanley $330,000
Source: Public Records

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 $16,510 $1,370,846 $1,096,681 $274,165
2024 $16,510 $1,343,968 $1,075,178 $268,790
2023 $16,354 $1,317,617 $1,054,097 $263,520
2022 $16,243 $1,291,782 $1,033,429 $258,353
2021 $16,065 $1,266,454 $1,013,166 $253,288
2020 $15,863 $1,253,469 $1,002,778 $250,691
2019 $15,470 $1,228,892 $983,116 $245,776
2018 $15,022 $1,204,797 $963,840 $240,957
2017 $14,915 $1,181,175 $944,942 $236,233
2016 $14,435 $1,158,015 $926,414 $231,601
2015 $14,324 $1,140,622 $912,499 $228,123
2014 $12,558 $1,000,000 $800,000 $200,000
Source: Public Records

Map

California Santa Clara County Cupertino 95014 McClellan

7550 Rainbow Dr, Cupertino, CA

This home is located at 7550 Rainbow Dr, Cupertino, CA 95014 and is currently estimated at $3,012,622, approximately $2,129 per square foot. 7550 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.

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.

Nearby Homes