NOT LISTED FOR SALE

5298 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $656,000 - $690,000

2 Beds
2 Baths
989 Sq Ft
$513/mo HOA Fee

Last Sold June 17, 2021

Last sale price $660,000 $667 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,006/month

6 Days on Market

Highlights

  • Private Pool
  • Balcony
  • Tile Flooring
  • Vaulted Ceiling
  • Bathtub
  • Guest Parking

About This Home

As of June 2021

Welcome to the highly desirable Terrace Villas community. This 2 bed 2 bath top-floor unit with high vaulted ceilings, and tons of natural light offers bright spaces. It has open concept living as the kitchen with a breakfast bar opens to the dining area & living room. Enjoy the oversized master suit, full size laundry room in the unit, and extra storage on the patio. The large private deck overlooking the treetop/greenbelt is perfect for morning coffee. Ideal location w/nearby restaurants, shops, supermarkets, freeways, etc.

Last Agent to Sell the Property

Turi Ghadiri

Luxus Realty License #01464995 Listed on: 05/12/2021

Last Buyer's Agent

Buckley Nguyen

Movoto, Inc License #01405884

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,642

Year Built

  • 1986

Lot Details

  • 915

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 989 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • On-Street Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • Association fees include decks, exterior painting, garbage, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, roof, water
  • Terarace Villas Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,642

Year Built

1986

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Zoning: APD
  • Subclass: Condominium
  • Age: 35
  • Listing Class: Residential
  • Structure Sq Ft: 989
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Kitchen: Dishwasher, Microwave, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 989
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 513
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Decks, Exterior Painting, Garbage, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Terarace Villas

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: East Side Union High

Multi Family

  • Utilities: Individual Electric Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 10, 2021
Sold by
Bauzon I Am and Ghadiri Nick T
Bought by
Soares David Lawrence and Viana Mirna D
Seller's Agent
Turi Ghadiri
Luxus Realty
Buyer's Agent
Buckley Nguyen
Movoto, Inc
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%
Current Estimated Value
$683,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,268
Avg. Annual Appreciation
0.89%
Original Mortgage
$487,500
Outstanding Balance
$414,553
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$270,170

Purchase Details

Closed on
Aug 8, 2020
Sold by
Bauzon I Am
Bought by
Bauzon I Am and Ghadiri Nick T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 16, 2014
Sold by
Hanna Joseph L and Hanna Robin S
Bought by
Bauzon I Am
Seller's Agent
Sylvia So-Yi Wong
Compass
Buyer's Agent
Turi Ghadiri
Intero Real Estate Services
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$361,250
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Castaldo Mary E
Bought by
Hanna Joseph L and Hanna Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,450
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
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
Soares David Lawrence $660,000 Old Republic Title Company
Bauzon I Am -- Orange Coast Title Company
Bauzon I Am $425,000 Cornerstone Title Company
Hanna Joseph L $425,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soares David Lawrence $487,500
Previous Owner Bauzon I Am $331,200
Previous Owner Bauzon I Am $355,000
Previous Owner Bauzon I Am $356,000
Previous Owner Bauzon I Am $361,250
Previous Owner Hanna Joseph L $337,500
Previous Owner Hanna Joseph L $42,450
Previous Owner Hanna Joseph L $340,000
Previous Owner Castaldo Mary E $123,000
Previous Owner Castaldo Mary E $115,000
Previous Owner Castaldo Mary E $100,000
Previous Owner Castaldo Mary E $100,000
Previous Owner Castaldo Mary E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $660,000 +10.2% $667 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $599,000 +40.9% $606 / Sq Ft
05/22/2014 05/22/14 Sold $425,000 +6.5% $430 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $399,000 -- $403 / 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
2024 $8,642 $645,000 $322,500 $322,500
2023 $8,123 $600,000 $300,000 $300,000
2022 $9,170 $673,200 $336,600 $336,600
2021 $6,783 $481,310 $240,655 $240,655
2020 $6,680 $476,376 $238,188 $238,188
2019 $6,545 $467,036 $233,518 $233,518
2018 $6,513 $457,880 $228,940 $228,940
2017 $6,431 $448,902 $224,451 $224,451
2016 $6,114 $440,100 $220,050 $220,050
2015 $5,970 $433,490 $216,745 $216,745
2014 $4,875 $367,000 $183,400 $183,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Turi Ghadiri

    Luxus Realty

    (408) 896-6315

    1 in this area

    4 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Buckley Nguyen

    Movoto, Inc

    Section Image

  • S

    Seller's Agent in 2014

    Sylvia So-Yi Wong

    Compass

    (510) 380-5971

    12 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81843492

MLSListings

APN: 692-42-014

California Santa Clara County San Jose 95123 Makati

5298 Makati Cir, San Jose, CA

This home is located at 5298 Makati Cir, San Jose, CA 95123 since 12 May 2021 and is currently estimated at $674,237, approximately $681 per square foot. This property was built in 1986. 5298 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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