NOT LISTED FOR SALE

Estimated Value: $638,000 - $680,000

2 Beds
2 Baths
989 Sq Ft
$672/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $680,000 $688 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,086/month

7 Days on Market

Highlights

  • Pool and Spa
  • Great Room
  • Double Pane Windows
  • Cathedral Ceiling
  • Granite Countertops
  • Uncovered Courtyard

About This Home

As of April 2024

Welcome home to 5437 Makati Circle! As you enter the home, you will immediately feel a sense of warmth and peace. Located in Blossom Hill in the Terrace Villas complex, this single-story 2 bedroom, 2 bathroom condo has been fully updated and is primed for a new owner. Granite counter tops, gorgeous tiled shower, beautiful laminate flooring, new trim and new baseboards have been installed throughout the house. The house has a nice patio area with a storage area as well. An added bonus is the indoor laundry next to the hall bathroom! The amenities of the condo complex include the pool and recreation area. A peaceful ground-level, corner unit with no neighbors above, this home is move-in ready in a fabulous location with shopping, parks and schools nearby!

Last Agent to Sell the Property

Joshua Reeve

PMZ Real Estate License #01986852 Listed on: 02/22/2024

PMZ Real Estate

Last Buyer's Agent

Steve& Christine Perry

Christie's International Real Estate Sereno License #01157473

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,605

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 989 Sq Ft Lot
  • Wood Fence
  • Fenced For Horses
  • Back Yard Fenced

HOA Fees

  • $660 Monthly HOA Fees

Home Design

  • Property Attached
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Ceiling Insulation
  • Shake Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 989 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Shared Driveway
  • Assigned Parking
  • Unassigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation

Pool

  • Pool and Spa
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Uncovered Courtyard
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 692-39-016

Community Details

Overview

  • Association fees include management, common areas, pool, recreation facility, roof
  • Terrace Villas Association, Phone Number (408) 226-3300
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Community Barbecue Grill
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,605

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: Yes
  • Year Built: 1984
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 6-10YR, Bed 0-5YR, Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Free Standing Electric Oven, Free Standing Electric Range
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Flooring: Tile, Vinyl
  • Master Bathroom Features: Shower Stall(s), Tile
  • Master Bedroom Features: Ground Floor
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s), Granite, Tile
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Granite Counter
  • Living Room Features: Cathedral/Vaulted
  • Room Type: Great Room
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen
  • Price Per Square Foot: 687.56
  • Square Footage: 989.00
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Storage
  • Construction Materials: Ceiling Insulation, Frame, Wood
  • Exterior Features: Uncovered Courtyard
  • Fencing: Back Yard, Fenced, Wood
  • Foundation: Concrete, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 674900.00
  • Lot Features: Curb(s)/Gutter(s), Street Lights, Other
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool Features: Built-In, Common Facility, Pool/Spa Combo, Fenced
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Asphalt
  • Roof: Shake, Composition
  • Spa Features: Spa/Hot Tub Built-In
  • Spa: Yes
  • Topography: LevelLevel
  • Land Use: Residential

Garage/Parking

  • Parking Features: Assigned, Covered, Unassigned, Other
  • Driveway/Sidewalks: Paved Sidewalk, Shared Driveway, Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: See Remarks
  • Utilities: Cable Available, Public, Electric, Internet Available, Natural Gas Connected, Other
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Dryer Included, Electric, Washer Included, Inside Area
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association Features: Barbeque, Pool, Spa/Hot Tub, Greenbelt, Trails, Other
  • Association Fee: 660
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Common Areas, Pool, Recreation Facility, Roof, Other
  • Association Name: Terrace Villas
  • Association Phone: (408) 226-3300
  • Association: Yes
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: East Side Union High

Lot Info

  • Zoning Description: APD
  • Irrigation: None
  • Lot Size Acres: 0.0227
  • Lot Size Sq Ft: 989.00

Green Features

  • Energy Efficient: Appliances, Insulation

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 692-39-016
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 15, 2024
Sold by
Marney Clyde L
Bought by
Clyde L Marney And Virginia Marney Family Tru and Marney
Seller's Agent
Joshua Reeve
PMZ Real Estate
Buyer's Agent
Steve& Christine Perry
Christie's International Real Estate Sereno
List Price
$674,900
Sold Price
$680,000
Premium/Discount to List
$5,100
0.76%
Views
30
Current Estimated Value
$671,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,393
Avg. Annual Appreciation
-0.59%

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 22, 2024
Sold by
Hinds Kyle E and Hinds Audrey L
Bought by
Marney Clyde
Seller's Agent
Joshua Reeve
PMZ Real Estate
Buyer's Agent
Steve& Christine Perry
Christie's International Real Estate Sereno
List Price
$674,900
Sold Price
$680,000
Premium/Discount to List
$5,100
0.76%
Views
30

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 22, 2020
Sold by
Mauseth Neal K and Mauseth Cynthia
Bought by
Hinds Kyle E and Hinds Audrey L
Seller's Agent
Ken and Patti Roberts
KW Bay Area Estates
Buyer's Agent
Linda Samaha
eXp Realty of California Inc
List Price
$610,000
Sold Price
$605,000
Premium/Discount to List
-$5,000
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$453,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 7, 2016
Sold by
Smyth Nicholas David
Bought by
Mauseth Neal K and Mauseth Cynthia
Seller's Agent
Cindy Simon
Corcoran Icon Properties
Buyer's Agent
Ken and Patti Roberts
KW Bay Area Estates
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$404,800
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 9, 2012
Sold by
Atkins Janet L
Bought by
Smyth Nicholas David
Seller's Agent
Melissa Simon
Corcoran Icon Properties
Buyer's Agent
Melissa Simon
Corcoran Icon Properties
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$220,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1995
Sold by
Drye Denise Marie and Conley Denise Marie
Bought by
Atkins Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
7.88%
Mortgage Type
FHA
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
Clyde L Marney And Virginia Marney Family Tru -- None Listed On Document
Marney Clyde $680,000 Cypress Title
Hinds Kyle E $605,000 Old Republic Title Company
Mauseth Neal K $450,000 Old Republic Title Company
Smyth Nicholas David $280,000 Old Republic Title Company
Atkins Janet L $134,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinds Kyle E $453,750
Previous Owner Mauseth Neal K $404,800
Previous Owner Smyth Nicholas David $220,000
Previous Owner Atkins Janet L $210,400
Previous Owner Atkins Janet L $100,000
Previous Owner Atkins Janet L $50,000
Previous Owner Atkins Janet L $125,000
Previous Owner Atkins Janet L $120,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $680,000 +0.8% $688 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $674,900 +11.6% $682 / Sq Ft
01/06/2021 01/06/21 Sold $605,000 -1.6% $612 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $615,000 +0.8% $622 / Sq Ft
10/29/2020 10/29/20 For Sale $610,000 0.0% $617 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $610,000 +35.6% $617 / Sq Ft
06/16/2016 06/16/16 Sold $450,000 +0.2% $455 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $449,000 +60.4% $454 / Sq Ft
11/15/2012 11/15/12 Sold $280,000 -1.8% $283 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $285,000 -- $288 / Sq Ft
Source: MetroList

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 $8,605 $642,030 $321,015 $321,015
2023 $8,123 $600,000 $300,000 $300,000
2022 $8,459 $617,100 $308,550 $308,550
2021 $6,833 $492,138 $246,069 $246,069
2020 $6,727 $487,092 $243,546 $243,546
2019 $6,590 $477,542 $238,771 $238,771
2018 $6,556 $468,180 $234,090 $234,090
2017 $6,472 $459,000 $229,500 $229,500
2016 $4,227 $291,262 $145,631 $145,631
2015 $4,127 $286,888 $143,444 $143,444
2014 $3,908 $281,270 $140,635 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224015767

MetroList

APN: 692-39-016