NOT LISTED FOR SALE

7585 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,794,000 - $3,798,000

4 Beds
3 Baths
2,040 Sq Ft
$1,605/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $2,106,000 $1,032 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $20,152/month

24 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Neighborhood Views
  • Abraham Lincoln Elementary School Rated A-
  • Granite Countertops
  • Open to Family Room

About This Home

As of September 2017

Best value in Cupertino for a Gorgeous home with bright open floor plan & full of natural light. Remodeled in 2011, 625 sq ft addition (Living Room, 4th bedroom & 3rd (Master) Bathroom. Fully remodeled kitchen & bathrooms. Granite countertop.Tray/Coffered ceiling in living room. Recessed LED lights entire house.Crown molding in Living/Family Room. Teak & Oak Hardwood floor. New furnace (4 years old).New Fences (left 1 yrs, back 3 months & right 6 yrs)Tankless water heater (7 years old). Water Softener using Potassium NOT salt.4 - stage Reverse Osmosis water filtration system. Instant Hot drinking water.Ceiling fans in most of the rooms.120" Projection system with in-ceiling/in- wall speakers (7.1 Living & 2.0 in Family). ALL Stainless steel French Door Refrigerator, 5 burners 36" gas stove, combo Oven/Microwave, Dishwasher. Stackable Washer / Dryer. Gorgeous view of the hills.Large home in good condition with excellent amenities. Great schools. O/H Sat (8/19) Sun (8/20) 1.30pm-4.30pm

Last Agent to Sell the Property

Deepak

Anthem Realty License #70010052 Listed on: 07/26/2017

Last Buyer's Agent

Ping Cao

Green Valley Realty USA License #01376536

Green Valley Realty USA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,118

Year Built

  • Built in 1958

Lot Details

  • 5,998 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • High Ceiling
  • Skylights in Kitchen
  • Family Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 362-24-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,118

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 2040
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Oven - Self Cleaning, Oven Range - Built-In, Refrigerator, Skylight
  • Living Sq Ft: 2040
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Garage, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Video / Audio System, Walk-in Closet

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: Agricultural Use, Grade - Level
  • Parcel Number: 362-24-003
  • 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

Green Features

  • Energy Features: Energy Star HVAC, Low Flow Toilet

Multi Family

  • Utilities: Natural Gas, 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

Listed on
Jul 26, 2017
Closed on
Sep 12, 2017
Sold by
Kumar Suresh and Kumar Sucharitha
Bought by
Wang Tao and Li Wei
Seller's Agent
Deepak
Anthem Realty
Buyer's Agent
Ping Cao
Green Valley Realty USA
List Price
$1,980,000
Sold Price
$2,106,000
Premium/Discount to List
$126,000
6.36%
Current Estimated Value
$3,274,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,846
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,684,800
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 1999
Sold by
Liang Chen Chih and Mei Chuang Chiao
Bought by
Kumar Suresh and Kumar Sucharitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Wang Tao $2,106,000 Fidelity National Title Co
Kumar Suresh $498,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Tao $1,510,000
Closed Wang Tao $1,684,800
Previous Owner Kumar Suresh $120,000
Previous Owner Kumar Suresh $388,000
Previous Owner Kumar Suresh $397,000
Previous Owner Kumar Suresh $400,000
Previous Owner Kumar Suresh $417,000
Previous Owner Kumar Suresh $60,000
Previous Owner Kumar Suresh $417,000
Previous Owner Kumar Suresh $425,000
Previous Owner Kumar Suresh $430,000
Previous Owner Kumar Suresh $438,000
Previous Owner Kumar Suresh $439,000
Previous Owner Kumar Suresh $440,000
Previous Owner Kumar Suresh $440,000
Previous Owner Kumar Suresh $440,000
Previous Owner Kumar Suresh $398,400
Closed Kumar Suresh $49,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $2,106,000 +6.4% $1,032 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $1,980,000 -- $971 / 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 $28,118 $2,396,262 $1,975,268 $420,994
2024 $28,118 $2,349,278 $1,936,538 $412,740
2023 $27,877 $2,303,215 $1,898,567 $404,648
2022 $27,519 $2,258,055 $1,861,341 $396,714
2021 $27,236 $2,213,781 $1,824,845 $388,936
2020 $27,007 $2,191,082 $1,806,134 $384,948
2019 $26,262 $2,148,120 $1,770,720 $377,400
2018 $25,560 $2,106,000 $1,736,000 $370,000
2017 $9,990 $766,307 $395,434 $370,873
2016 $9,661 $751,282 $387,681 $363,601
2015 $9,577 $739,998 $381,858 $358,140
2014 $9,325 $725,503 $374,378 $351,125
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deepak

    Anthem Realty

    Section Image
  • Ping Cao

    Buyer's Agent in 2017

    Ping Cao

    Green Valley Realty USA

    (408) 391-7074

    1 in this area

    12 Total Sales

    Ping Cao
    Section Image
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Map

Source: MLSListings

MLS Number: ML81671535

MLSListings

APN: 362-24-003

California Santa Clara County Cupertino 95014 McClellan

7585 Rainbow Dr, Cupertino, CA

This home is located at 7585 Rainbow Dr, Cupertino, CA 95014 since 26 July 2017 and is currently estimated at $3,274,846, approximately $1,605 per square foot. This property was built in 1958. 7585 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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