NOT LISTED FOR SALE

5511 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $614,000 - $634,000

2 Beds
1 Bath
924 Sq Ft
436 Sq Ft Lot

Last Sold April 18, 2023

Last sale price $580,000 $628 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,946/month

8 Days on Market

Highlights

  • Open to Family Room
  • Guest Parking
  • Combination Dining and Living Room
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of April 2023

Great Condominium home in one of the most desirable locations in Terrace Villas community, Ground floor end unit with no stairs, lots of windows, nestled on quiet tree-lined street. Open kitchen with dining bar overlooks dining area and spacious living room with cozy fireplace.Good sized bedrooms with generous closet space. Bathroom has expansive vanity area and good storage. Central heating and air conditioning, inside laundry, lovely private patio for entertaining and assigned covered parking. Great location in south Silicon Valley near light rail, highways 85/101, Kaiser, downtown San Jose, major tech campuses, shopping, and Santa Teresa Golf course. Association amenities include private security patrol, pool, and amazing park-like landscaping all around. This move-in ready unit is a blank slate just waiting for you to add your own personal decorating touches. Listed below recent comparable sales. Unit is vacant. Call Listing agent if you have any questions at 408-623-1189

Last Agent to Sell the Property

Jennifer Cheng

Intero Real Estate Services License #01291596 Listed on: 03/20/2023

Intero Real Estate Services

Last Buyer's Agent

Enrique Garcia

Alvarez and Alvarez Realty License #01866460

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,895

Year Built

  • Built in 1984

Lot Details

  • 436

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, water / sewer
  • Compass Management Association

Listing and Financial Details

  • Assessor Parcel Number 692-38-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,895

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 924
  • Year Built: 1984
  • Zoning Description: SJ
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 924
  • Stories: 1
  • Laundry: In Utility Room, Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Aluminum Over Tar

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Guest / Visitor Parking, Off-Street 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: 600
  • Association Fees Include: Common Area Electricity, Exterior Painting, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Water / Sewer
  • H O A Name Text: Compass Management
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-38-002

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 12, 2023
Sold by
Frazier Richard T
Bought by
Alvarez Gricelda
Seller's Agent
Jennifer Cheng
Intero Real Estate Services
Buyer's Agent
Enrique Garcia
Alvarez and Alvarez Realty
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%
Views
89
Current Estimated Value
$622,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,592
Avg. Annual Appreciation
3.15%
Original Mortgage
$560,642
Outstanding Balance
$545,777
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$79,746

Purchase Details

Closed on
Feb 10, 2012
Sold by
Brown Neil W
Bought by
Frazier Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1999
Sold by
Estioko Seymour R and Estioko Rhoda
Bought by
Brown Neil W
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
Alvarez Gricelda $580,000 Cornerstone Title Company
Frazier Richard T $205,000 First American Title
Brown Neil W $170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Gricelda $560,642
Previous Owner Frazier Richard T $143,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $580,000 +5.5% $628 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $550,000 -- $595 / 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 $7,895 $603,432 $301,716 $301,716
2024 $7,895 $591,600 $295,800 $295,800
2023 $3,717 $247,482 $123,741 $123,741
2022 $3,713 $242,630 $121,315 $121,315
2021 $3,658 $237,874 $118,937 $118,937
2020 $3,605 $235,436 $117,718 $117,718
2019 $3,533 $230,820 $115,410 $115,410
2018 $3,511 $226,296 $113,148 $113,148
2017 $3,465 $221,860 $110,930 $110,930
2016 $3,292 $217,510 $108,755 $108,755
2015 $3,213 $214,244 $107,122 $107,122
2014 $3,034 $210,048 $105,024 $105,024
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Cheng

    Seller's Agent in 2023

    Jennifer Cheng

    Intero Real Estate Services

    (408) 342-3000

    3 in this area

    17 Total Sales

    Jennifer Cheng
    Section Image

  • E

    Buyer's Agent in 2023

    Enrique Garcia

    Alvarez and Alvarez Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81922109

MLSListings

APN: 692-38-002

California Santa Clara County San Jose 95123 Makati

5511 Makati Cir, San Jose, CA

This home is located at 5511 Makati Cir, San Jose, CA 95123 since 20 March 2023 and is currently estimated at $622,592, approximately $673 per square foot. This property was built in 1984. 5511 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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