NOT LISTED FOR SALE

7703 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood

Estimated Value: $2,999,686 - $3,390,000

3 Beds
2 Baths
1,410 Sq Ft
$2,251/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $1,760,000 $1,248 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $19,230/month

36 Days on Market

Highlights

  • Skyline View
  • Marble Flooring
  • Granite Countertops
  • Abraham Lincoln Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Breakfast Room

About This Home

As of July 2017

Rare opportunity to own this warm and roomy 3 bedroom 2 bath home. Walking distance to award winning top Cupertino schools: Regnart Elementary, Kennedy Middle and Monta Vista High. Whole house was remodeled, extraordinary detailed design by the owner who was an architect. Large inviting living room with huge customized bay window looking out mountains. Open floor plan to enter kitchen area with island and build in shelves and cabinets. Garden window and a large pantry in the kitchen. Fenced front yard provides privacy and better usage for the front lot. Hardwood\tile\marble floors. Fresh interior paint. Recessed lights throughout the house. Master bedroom with a large bay window. Master bath Jacuzzi with LED and separated shower. 2 car garage with huge cabinets and overhead storage space. Brand new garage door. Walking distance to shopping center, park. Close to Apple campus and Cupertino Main Street. Easy Access to Freeway. And much more. A must SEE!

Last Agent to Sell the Property

Michael Sun

Morgan Real Estate License #01960393 Listed on: 05/31/2017

Co-Listed By

Tao He

Morgan Real Estate License #01346545

Last Buyer's Agent

Tracy Yan Hu

Cal City Investments, Inc. License #01700176

Cal City Investments, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,661

Year Built

  • Built in 1958

Lot Details

  • 6,011 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Skyline
  • Mountain

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Dining Room
  • Gas Dryer Hookup

Kitchen

  • Breakfast Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 362-24-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,661

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1410
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Breakfast Room, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Microwave, Oven - Gas, Pantry
  • Living Sq Ft: 1410
  • Stories: 1
  • Laundry: Gas Hookup, Hookup - Washer/Dryer
  • Flooring: Hardwood, Marble, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Skylight, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • View: Mountains

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, 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: Views
  • Parcel Number: 362-24-014
  • 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

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, 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
May 31, 2017
Closed on
Jul 24, 2017
Sold by
Gong Xiaojiang
Bought by
Xu Zhe and Liu Fei
Seller's Agent
Michael Sun
Morgan Real Estate
Buyer's Agent
Tracy Yan Hu
Cal City Investments, Inc.
List Price
$1,688,000
Sold Price
$1,760,000
Premium/Discount to List
$72,000
4.27%
Current Estimated Value
$3,173,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,413,422
Avg. Annual Appreciation
7.56%
Original Mortgage
$1,404,150
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2008
Sold by
Prudent Llc
Bought by
Gong Xiaojiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2007
Sold by
Heger Robert M
Bought by
Prudent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,187,750
Interest Rate
6.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 25, 1994
Sold by
Heger Ludwig Andrew
Bought by
Heger Ludwig 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
Xu Zhe $1,760,000 Chicago Title Company
Gong Xiaojiang $1,065,000 First American Title Co
Prudent Llc $950,000 None Available
Heger Robert M -- None Available
Heger Ludwig A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Xu Zhe $0
Open Xu Zhe $1,610,000
Closed Xu Zhe $1,340,000
Closed Xu Zhe $1,367,000
Closed Xu Zhe $1,404,150
Previous Owner Gong Xiao Jiang $700,000
Previous Owner Gong Xiaojiang $726,400
Previous Owner Gong Xiaojiang $417,000
Previous Owner Gong Xiaojiang $310,000
Previous Owner Gong Xiaojiang $413,000
Previous Owner Gong Xiao Jiang $417,000
Previous Owner Gong Xiaojiang $660,000
Previous Owner Prudent Llc $1,187,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $1,760,000 0.0% $1,248 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/29/2017 06/29/17 Off Market $1,760,000 -- --
05/31/2017 05/31/17 For Sale $1,688,000 -- $1,197 / 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 $23,661 $2,002,574 $1,775,011 $227,563
2024 $23,661 $1,963,308 $1,740,207 $223,101
2023 $23,453 $1,924,813 $1,706,086 $218,727
2022 $23,190 $1,887,073 $1,672,634 $214,439
2021 $22,947 $1,850,073 $1,639,838 $210,235
2020 $22,666 $1,831,104 $1,623,024 $208,080
2019 $22,119 $1,795,200 $1,591,200 $204,000
2018 $21,514 $1,760,000 $1,560,000 $200,000
2017 $15,285 $1,205,332 $848,826 $356,506
2016 $14,794 $1,181,699 $832,183 $349,516
2015 $14,683 $1,163,949 $819,683 $344,266
2014 $14,303 $1,141,150 $803,627 $337,523
Source: Public Records

Agents Affiliated with this Home

  • Michael Sun

    Seller's Agent in 2017

    Michael Sun

    Morgan Real Estate

    (650) 996-1586

    5 Total Sales

    Michael Sun
    Section Image
  • Tao He

    Seller Co-Listing Agent in 2017

    Tao He

    Morgan Real Estate

    (408) 416-8739

    1 in this area

    5 Total Sales

    Tao He
    Section Image

  • T

    Buyer's Agent in 2017

    Tracy Yan Hu

    Cal City Investments, Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81652992

MLSListings

APN: 362-24-014

California Santa Clara County Cupertino 95014 McClellan

7703 Rainbow Dr, Cupertino, CA

This home is located at 7703 Rainbow Dr, Cupertino, CA 95014 since 31 May 2017 and is currently estimated at $3,173,422, approximately $2,250 per square foot. This property was built in 1958. 7703 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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