NOT LISTED FOR SALE

Estimated Value: $482,000 - $508,000

1 Bed
1 Bath
744 Sq Ft
$619/mo HOA Fee

Last Sold March 31, 2024

Last sale price $485,000 $652 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,576/month

35 Days on Market

Highlights

  • Cabana
  • Solid Surface Bathroom Countertops
  • Bathroom on Main Level
  • Contemporary Architecture
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Nestled in the heart of San Jose, California, the Makati Circle condominiums offer a luxurious and contemporary living experience. Explore the charm and elegance of a sophisticated 1-bedroom, 1-bath unit spanning 744 square feet, perfect for those seeking a blend of comfort and style in their urban dwelling. providing hassle-free parking for you. The community offers more than just a home; it provides a lifestyle. Take a refreshing dip in the sparkling pool, gather in the attached clubhouse, or take leisurely strolls along lush green walking paths. Terrace Villas feels like a private oasis, yet it's within walking distance to a plethora of retail and dining options. Don't miss out on the opportunity to make this perfect blend of modern living and community charm your dream home today!

Last Agent to Sell the Property

Raylene Khan

Christie's International Real Estate Sereno License #01202160 Listed on: 02/03/2024

Christie's International Real Estate Sereno

Co-Listed By

Adena Baron

Christie's International Real Estate Sereno License #01814401

Last Buyer's Agent

Julie Crisafulli

Coldwell Banker Realty License #01774093

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1985

Lot Details

  • 1,133

HOA Fees

  • $619 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Dual Flush Toilets
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • On-Street Parking

Pool

  • Cabana
  • In Ground Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 692-29-033

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,230

Year Built

Built in 1985

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 39
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 744
  • Year Built: 1985
  • Zoning Description: ADP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Laminate, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 744
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Dual Flush Toilet, Full on Ground Floor, Shower over Tub - 1, Solid Surface, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Fenced, Pool - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport, Common Parking Area, On Street
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 619
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Roof, Water
  • H O A Name Text: Terrace Villas
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Alex Anderson Elementary
  • Middle School: Caroline Davis Intermediate
  • High School: Oak Grove High
  • High School: 249
  • Elementary School: 173
  • Middle School: 179

Lot Info

  • Parcel Number: 692-29-033

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Alex Anderson Elementary
  • High School Text: Oak Grove High
  • Middle School Text: Caroline Davis Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 18, 2024
Sold by
Kim Robert K and Kim Melanie A
Bought by
Burnham Daniel and Burnham Cynthia
Seller's Agent
Raylene Khan
Christie's International Real Estate Sereno
Buyer's Agent
Julie Crisafulli
Coldwell Banker Realty
List Price
$530,000
Sold Price
$485,000
Premium/Discount to List
-$45,000
-8.49%
Views
76
Current Estimated Value
$493,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,049
Avg. Annual Appreciation
0.85%
Original Mortgage
$285,000
Outstanding Balance
$280,919
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$210,170

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 25, 2013
Sold by
Floyd Ryan and Floyd Cassaundra
Bought by
Kim Robert K and Kim Melanie A
Seller's Agent
Leigh Ann Huff
Compass
Buyer's Agent
Julie Tornincasa
Coldwell Banker Realty
List Price
$209,000
Sold Price
$245,000
Premium/Discount to List
$36,000
17.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$232,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Floyd Cassaundra and Andrade Cassaundra
Bought by
Floyd Ryan

Purchase Details

Closed on
Sep 10, 2003
Sold by
Mohammadi Saeed and Aorgani Pouran Alaei
Bought by
Floyd Ryan and Andrade Cassaundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,262
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2000
Sold by
Antman Lester Murray
Bought by
Mohammadi Saeed and Aorgani Pouran Alaei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burnham Daniel $485,000 Chicago Title
Kim Robert K $245,000 Stewart Title Of California
Floyd Ryan -- None Available
Floyd Ryan $223,000 Chicago Title
Mohammadi Saeed $260,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnham Daniel $285,000
Previous Owner Kim Robert K $232,750
Previous Owner Floyd Ryan $216,262
Previous Owner Mohammadi Saeed $208,000
Closed Mohammadi Saeed $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2024 03/31/24 Sold $485,000 -2.8% $652 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $499,000 -5.8% $671 / Sq Ft
02/03/2024 02/03/24 For Sale $530,000 +116.3% $712 / Sq Ft
05/01/2013 05/01/13 Sold $245,000 +17.2% $329 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $209,000 -- $281 / 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 $4,230 $494,700 $247,350 $247,350
2024 $4,230 $295,472 $147,646 $147,826
2023 $4,157 $289,679 $144,751 $144,928
2022 $4,149 $284,000 $141,913 $142,087
2021 $4,089 $278,432 $139,131 $139,301
2020 $4,028 $275,578 $137,705 $137,873
2019 $3,946 $270,175 $135,005 $135,170
2018 $3,921 $264,878 $132,358 $132,520
2017 $3,868 $259,685 $129,763 $129,922
2016 $3,674 $254,594 $127,219 $127,375
2015 $3,585 $250,771 $125,309 $125,462
2014 $3,388 $245,860 $122,855 $123,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950866

MLSListings

APN: 692-29-033