NOT LISTED FOR SALE

Estimated Value: $495,000 - $560,000

1 Bed
1 Bath
744 Sq Ft
$578/mo HOA Fee

Last Sold April 10, 2023

Last sale price $525,000 $706 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,947/month

12 Days on Market

Highlights

  • Pool and Spa
  • Granite Countertops
  • Open to Family Room
  • Main Floor Primary Bedroom
  • Balcony
  • Walk-In Closet

About This Home

As of April 2023

Welcome to 5188 Makati Circle in the highly desired Terrace Villas community in San Jose, CA. This unit features 1 bed / 1 Bath and approx 744 Sq Ft of living space. Great open floor plan with living area flowing directly to the kitchen. Spacious living room with a cozy wood-burning fireplace. Freshly painted kitchen with updated granite countertops. Large primary bedroom with a suite bathroom. Inside laundry room w/washer & dryer. Beautiful community with mature trees throughout. Perfect for walks. Community pool and spa area. Easy access to shopping and restaurants. Do not miss the opportunity to make this your home.

Last Agent to Sell the Property

Damaris Dover

Intero Real Estate Services License #01929839 Listed on: 03/09/2023

Intero Real Estate Services

Last Buyer's Agent

Christine Nguyen

Real Estate Experts ERA Powered License #02150321

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,287

Year Built

  • Built in 1982

Lot Details

  • 1,133

HOA Fees

  • $578 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 744 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Pool and Spa
  • In Ground Pool
  • In Ground Spa

Additional Features

  • Balcony
  • Fenced
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 692-29-046

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, landscaping / gardening, maintenance - common area, pool spa or tennis, roof, water, water / sewer
  • Terrace Villas Homeowners Association
  • Built by Terrace Villas

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,287

Year Built

Built in 1982

Lot Details

0

HOA Fees

$578 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 744
  • Complex Name: Terrace Villas
  • Year Built: 1982
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 744
  • Bedrooms: Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground, Pool / Spa Combo, Spa - In Ground
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 578
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Roof, Water, Water / Sewer
  • H O A Name Text: Terrace Villas Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • High School: Oak Grove High
  • High School: 249

Lot Info

  • Parcel Number: 692-29-046

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • High School Text: Oak Grove High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 4, 2023
Sold by
Tupua Sampson Knight and Tupua Sheyla Nadir
Bought by
Kim Jay Wook Joong
Seller's Agent
Damaris Dover
Intero Real Estate Services
Buyer's Agent
Christine Nguyen
Real Estate Experts ERA Powered
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
56
Current Estimated Value
$518,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,521
Avg. Annual Appreciation
-1.22%
Original Mortgage
$420,000
Outstanding Balance
$408,554
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$101,070

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 18, 2019
Sold by
Bonin Allison M
Bought by
Tupua Sampson Knight and Tupua Sheyla Nadir
Seller's Agent
Lisa Flemming
Compass
Buyer's Agent
Marisa Nevarez-Borrayo
Intero Real Estate Services
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$506,880
Interest Rate
3.5%

Purchase Details

Listed on
Feb 3, 2017
Closed on
Feb 28, 2017
Sold by
Destefano Scott Thomas
Bought by
Bonin Allison M
Seller's Agent
Linda Destefano
Glenn R. Kinsey, Broker
Buyer's Agent
Ray Martinez
Skyrise Real Estate Group
List Price
$399,950
Sold Price
$410,000
Premium/Discount to List
$10,050
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$230,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2014
Closed on
Oct 9, 2014
Sold by
Tapella John Presley and Tapella Catherine Jo
Bought by
Destefano Scott Thomas
Seller's Agent
Hauslley Silva & Jim Matzen
SV Milestone
Buyer's Agent
Linda Destefano
Glenn R. Kinsey, Broker
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$294,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Tapella John
Bought by
Tapella John Presley and Tapella Catherine Jo

Purchase Details

Closed on
Mar 21, 2011
Sold by
U S Bank National Association
Bought by
Tapella John

Purchase Details

Closed on
Sep 16, 2010
Sold by
England Lisa and Rodeo Norman G
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 12, 2006
Sold by
England Lisa
Bought by
Rodeo Norman G and England Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Pruitt Miles M
Bought by
England Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.49%

Purchase Details

Closed on
Aug 22, 1998
Sold by
Wendt Pamela L and Wendt Pamela L
Bought by
Pruitt Miles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,300
Interest Rate
6.91%
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
Kim Jay Wook Joong $525,000 Fidelity National Title Compan
Tupua Sampson Knight $495,000 Old Republic Title Company
Bonin Allison M $410,000 Chicago Title Company
Destefano Scott Thomas $310,000 Chicago Title Company
Tapella John Presley -- None Available
Tapella John $124,900 Servicelink
U S Bank National Association $140,000 Accommodation
Rodeo Norman G -- Chicago Title Company
England Lisa $220,000 Alliance Title Company
Pruitt Miles M $143,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jay Wook Joong $420,000
Previous Owner Tupua Sampson Knight $510,339
Previous Owner Tupua Sampson Knight $506,880
Previous Owner Bonin Allison M $230,000
Previous Owner Destefano Scott Thomas $294,500
Previous Owner Rodeo Norman G $245,000
Previous Owner England Lisa $176,000
Previous Owner Pruitt Miles $57,300
Previous Owner Pruitt Miles M $136,300
Closed England Lisa $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $525,000 +5.0% $706 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $500,000 +1.0% $672 / Sq Ft
11/22/2019 11/22/19 Sold $495,000 +1.2% $665 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $489,000 +19.3% $657 / Sq Ft
03/10/2017 03/10/17 Sold $410,000 +2.5% $551 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $399,950 +29.0% $538 / Sq Ft
10/15/2014 10/15/14 Sold $310,000 0.0% $417 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
08/28/2014 08/28/14 Off Market $310,000 -- --
08/28/2014 08/28/14 For Sale $320,000 -- $430 / 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 $7,287 $546,210 $273,105 $273,105
2024 $7,287 $535,500 $267,750 $267,750
2023 $7,127 $520,332 $260,166 $260,166
2022 $7,103 $510,130 $255,065 $255,065
2021 $6,741 $478,000 $239,000 $239,000
2020 $6,917 $495,000 $247,500 $247,500
2019 $5,940 $426,564 $213,282 $213,282
2018 $5,908 $418,200 $209,100 $209,100
2017 $4,761 $321,020 $160,510 $160,510
2016 $4,525 $314,726 $157,363 $157,363
2015 $4,417 $310,000 $155,000 $155,000
2014 $2,058 $130,534 $65,214 $65,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81921048

MLSListings

APN: 692-29-046