NOT LISTED FOR SALE

5454 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $495,000 - $580,000

1 Bed
1 Bath
690 Sq Ft
$452/mo HOA Fee

Last Sold August 27, 2020

Last sale price $450,000 $652 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,733/month

16 Days on Market

Highlights

  • Private Pool
  • Tile Flooring
  • Separate Family Room
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of August 2020

Stunning condo located in one of the most desirable locations in the complex. Tucked quietly away from the street with views of the meticulously manicured grounds, massive trees, and a grass lawn just off the front porch perfect for kids or pets. This second-floor unit features a spacious family room, gorgeous wood laminate flooring, vaulted ceilings, and updated furnace and central A/C. The remodeled kitchen is striking with custom cabinets, updated appliances, and recessed lighting. The master suite is updated with stylish vanity, flooring, and modern fixtures. Additional amenities include laundry room in unit with storage cabinets, plantation shutters, new patio deck, closet organizers, surround sound, community clubhouse, pool, and spa. Walking distance to the new Village Oaks shopping and dining area.

Last Agent to Sell the Property

Matt Cossell

KW Bay Area Estates License #01382971 Listed on: 07/18/2020

KW Bay Area Estates

Last Buyer's Agent

Jean Tenore

Real Estate Experts ERA Powered License #01214317

Real Estate Experts ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,569

Year Built

  • 1986

Lot Details

  • 828

HOA Fees

  • $452 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,569

Year Built

1986

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Zoning: A-PD
  • Subclass: Condominium
  • Age: 34
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 690
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 690
  • Stories: 1
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 452
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance, Maintenance - Common Area, Pool, Spa, Or Tennis, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas HOA

Schools

  • School District: East Side Union High
  • Elementary School: Alex Anderson Elementary
  • Middle School: Bernal Intermediate
  • High School: Oak Grove High
  • High School: 249
  • Elementary School: 173
  • Middle School: 175

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 26, 2020
Sold by
Alanis Sylvia
Bought by
Alanis Rene
Seller's Agent
Matt Cossell
KW Bay Area Estates
Buyer's Agent
Jean Tenore
Real Estate Experts ERA Powered
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$517,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,781
Avg. Annual Appreciation
2.80%
Original Mortgage
$385,000
Outstanding Balance
$341,662
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,119

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 25, 2020
Sold by
Janelle A Oppenheimer Trust and Oppenheimer Janelle A
Bought by
Alanis Adrian R and Alanis Rene
Seller's Agent
Matt Cossell
KW Bay Area Estates
Buyer's Agent
Jean Tenore
Real Estate Experts ERA Powered
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$341,662
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,119

Purchase Details

Closed on
Dec 27, 2005
Sold by
Oppenheimer Janelle A
Bought by
Oppenheimer Janelle A

Purchase Details

Closed on
May 19, 2005
Sold by
Welch Tina
Bought by
Oppenheimer Janelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 20, 2004
Sold by
Hays Angela M
Bought by
Welch Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Cendant Mobility Financial Corp
Bought by
Hays Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
6.12%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Shultz Robert E
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
6.12%

Purchase Details

Closed on
Apr 11, 2001
Sold by
Salmon Tammy Marie and Bertolini Tammy Marie
Bought by
Schultz Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.98%

Purchase Details

Closed on
May 7, 1996
Sold by
Bartolini Andrew Joseph
Bought by
Bartolini Tammy Marie
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
Alanis Rene -- Chicago Title
Alanis Adrian R $450,000 Chicago Title
Oppenheimer Janelle A -- None Available
Oppenheimer Janelle A $323,000 Fidelity National Title Ins
Welch Tina $268,500 Stewart Title Of California
Hays Angela M $227,000 First American Title Co
Cendant Mobility Financial Corp -- First American Title Co
Schultz Robert E $240,000 North American Title Company
Bartolini Tammy Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alanis Rene $385,000
Closed Alanis Adrian R $385,000
Previous Owner Oppenheimer Janelle A $200,000
Previous Owner Welch Tina $214,500
Previous Owner Hays Angela M $181,600
Previous Owner Schultz Robert E $228,000
Closed Hays Angela M $45,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $450,000 -2.2% $652 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $460,000 -- $667 / 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 $6,569 $487,092 $243,546 $243,546
2024 $6,569 $477,542 $238,771 $238,771
2023 $6,475 $468,180 $234,090 $234,090
2022 $6,455 $459,000 $229,500 $229,500
2021 $6,381 $450,000 $225,000 $225,000
2020 $5,765 $411,669 $203,924 $207,745
2019 $5,647 $403,598 $199,926 $203,672
2018 $5,616 $395,685 $196,006 $199,679
2017 $5,543 $387,927 $192,163 $195,764
2016 $5,112 $368,000 $182,200 $185,800
2015 $4,790 $346,600 $171,700 $174,900
2014 $4,273 $318,000 $157,500 $160,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Cossell

    Seller's Agent in 2020

    Matt Cossell

    KW Bay Area Estates

    (408) 761-3271

    22 in this area

    131 Total Sales

    Matt Cossell
    Section Image
  • Jean Tenore

    Buyer's Agent in 2020

    Jean Tenore

    Real Estate Experts ERA Powered

    (408) 429-9769

    24 Total Sales

    Jean Tenore
    Section Image
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Map

Source: MLSListings

MLS Number: ML81801776

MLSListings

APN: 692-41-023

California Santa Clara County San Jose 95123 Makati

5454 Makati Cir, San Jose, CA

This home is located at 5454 Makati Cir, San Jose, CA 95123 since 18 July 2020 and is currently estimated at $517,781, approximately $750 per square foot. This property was built in 1986. 5454 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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