NOT LISTED FOR SALE

5256 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $705,000 - $781,000

2 Beds
2 Baths
1,233 Sq Ft
$574/mo HOA Fee

Last Sold July 15, 2022

Last sale price $715,000 $580 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,257/month

37 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Bathtub with Shower
  • Park or Greenbelt View
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Best priced 1233 square foot unit in the complex. The most recent comparable sale at 5268 Makati Circle closed recently at 765,000. It is an identical unit one building to the east towards Cottle Road. This home has a serene setting in the middle of the park like grounds. It has been completely updated inside including new floor, paint, and popcorn ceiling removal. It has a very nice washer and dryer set included in the sale. Don't miss this wonderful spot.

Last Agent to Sell the Property

Rick Howard Smith

Compass License #00876677 Listed on: 05/08/2022

Compass

Last Buyer's Agent

Jennifer Tom

KW Santa Clara Valley Inc License #01957127

KW Santa Clara Valley Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,546

Year Built

  • 1985

Lot Details

  • 1,133

HOA Fees

  • $574 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Park or Greenbelt Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

  • Association fees include maintenance - common area, roof
  • Terrace Villas HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,546

Year Built

1985

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Zoning: ADP
  • Subclass: Condominium
  • Age: 37
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 1233
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1233
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • View: Greenbelt, Park
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility, Pool - Fenced, Pool - In Ground

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Terrace Villas HOA
  • HOA Fees: 574
  • HOA Amenities: Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Roof
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas HOA

Schools

  • School District: East Side Union High

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Jul 7, 2022
Sold by
Hasan Ertas And Kader Ucar Living Trust
Bought by
Wong Christine
Seller's Agent
Rick Howard Smith
Compass
Buyer's Agent
Jennifer Tom
KW Santa Clara Valley Inc
List Price
$730,000
Sold Price
$715,000
Premium/Discount to List
-$15,000
-2.05%
Current Estimated Value
$735,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,974
Avg. Annual Appreciation
-0.07%
Original Mortgage
$572,000
Outstanding Balance
$544,983
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$168,413

Purchase Details

Closed on
Mar 13, 2018
Sold by
Ertas Hasan
Bought by
Ertas Hasan and Ucar Kader

Purchase Details

Closed on
Dec 20, 2004
Sold by
Okeefe Mairead C
Bought by
Ertas Hasan

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Baker Jason
Bought by
Okeefe Mairead C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2001
Sold by
Drexler Shane Thomas
Bought by
Okeefe Mairead C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.91%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Chai S
Bought by
Drexler Shane Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
6.25%
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
Wong Christine $715,000 Chicago Title
Ertas Hasan -- None Available
Ertas Hasan $410,000 Old Republic Title Company
Okeefe Mairead C -- North American Title Company
Okeefe Mairead C $299,000 Old Republic Title Company
Drexler Shane Thomas $147,000 Chicago Title Co
Dexler Shane Thomas -- Chicago Title Co
Chai S -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Christine $572,000
Previous Owner Ertas Hasan $328,000
Previous Owner Okeefe Mairead C $284,000
Previous Owner Okeefe Mairead C $239,200
Previous Owner Drexler Shane Thomas $139,650
Closed Ertas Hasan $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $715,000 -2.1% $580 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $730,000 -- $592 / 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 $9,546 $705,000 $352,500 $352,500
2024 $9,546 $725,000 $362,500 $362,500
2023 $9,223 $695,000 $347,500 $347,500
2022 $7,463 $538,524 $269,262 $269,262
2021 $7,382 $527,966 $263,983 $263,983
2020 $7,269 $522,554 $261,277 $261,277
2019 $7,122 $512,308 $256,154 $256,154
2018 $7,088 $502,264 $251,132 $251,132
2017 $6,999 $492,416 $246,208 $246,208
2016 $6,655 $482,762 $241,381 $241,381
2015 $5,814 $428,000 $214,000 $214,000
2014 $4,997 $377,000 $188,500 $188,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rick Howard Smith

    Compass

    Section Image
  • Jennifer Tom

    Buyer's Agent in 2022

    Jennifer Tom

    KW Santa Clara Valley Inc

    (408) 464-6180

    1 in this area

    42 Total Sales

    Jennifer Tom
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81890658

MLSListings

APN: 692-29-032

California Santa Clara County San Jose 95123 Makati

5256 Makati Cir, San Jose, CA

This home is located at 5256 Makati Cir, San Jose, CA 95123 since 08 May 2022 and is currently estimated at $735,974, approximately $596 per square foot. This property was built in 1985. 5256 Makati Cir is a home located in Santa Clara County with nearby schools including Alex Anderson Elementary School, Bernal Intermediate School, and Oak Grove High School.

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