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7150 Rainbow Dr

San Jose, CA 95129

2 bd 2 ba 1,050 sqft Built 1964 Lot 435 sqft condos
Most recent sale
$760,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 13, 2025 Listing removed $3,050 MLSListings
Oct 21, 2025 Listed for rent $3,050 MLSListings
Oct 21, 2022 Sold $760,000 Public Record
Sep 16, 2022 Listed $699,000 MLS #41008705
Jun 3, 2022 Price changed $799,000 MLS #ML81889489
Apr 30, 2022 Listed $818,000 MLS #ML81889489
May 31, 1996 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,352 $395,352 $790,704 $9,942
2024 $395,352 $395,352 $790,704 $9,652
2023 $380,000 $380,000 $760,000 $9,557
2022 $172,452 $111,202 $283,654 $4,181
2021 $169,071 $109,022 $278,093 $4,119
2020 $167,338 $107,905 $275,243 $4,069
2019 $164,057 $105,790 $269,847 $3,996
2018 $160,841 $103,716 $264,557 $3,894
2017 $157,688 $101,683 $259,371 $3,874
2016 $154,597 $99,690 $254,287 $3,753
2015 $152,275 $98,193 $250,468 $3,722
2014 $149,293 $96,270 $245,563 $3,592
2013 $148,619 $95,835 $244,454 $3,573
2012 $145,705 $93,956 $239,661 $3,542
2010 $142,849 $92,114 $234,963 $3,283
2009 $142,119 $91,644 $233,763 $3,264
2008 $139,333 $89,848 $229,181 $2,976
2007 $136,601 $88,087 $224,688 $2,894

Property facts

Year built
1964
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,050 sqft
Lot size
435 sqft
ZIP code
95129
City
San Jose
Street
Rainbow Dr
Coordinates
37.29971, -122.02975

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,360
Gross rental yield
5.31%
Implied cap rate
3.45%
Trend-extrapolated value

Frequently asked questions

When did 7150 Rainbow Dr last sell?
7150 Rainbow Dr most recently sold on Oct 21, 2022 for $760,000.
What is the current tax assessment for 7150 Rainbow Dr?
The most recent total assessment for 7150 Rainbow Dr (year 2025) is $790,704 with $9,942 in property tax.
How does 7150 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $760,000.
When was 7150 Rainbow Dr built?
7150 Rainbow Dr was built in 1964.
How does 7150 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 7150 Rainbow Dr?
7150 Rainbow Dr is a 2 bed, 2 bath, 1,050 sqft, 435 sqft lot condos.
Is 7150 Rainbow Dr a flip candidate?
No — 7150 Rainbow Dr does not appear in our flips dataset.
Is 7150 Rainbow Dr a tax-appeal candidate?
No — 7150 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.3%
2026 Q2
$1.98M
2026 Q3
$2M
ZIP 95129 — Median Price History + Forecast

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