NOT LISTED FOR SALE

5540 Makati Cir Unit 245 San Jose, CA 95123

Makati Neighborhood

Estimated Value: $440,626 - $519,000

1 Bed
1 Bath
552 Sq Ft
915 Sq Ft Lot

Last Sold November 09, 2015

Last sale price $355,000 $643 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,043/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Vaulted Ceiling
  • Balcony
  • Contemporary Architecture
  • Garden View
  • Bathtub with Shower

About This Home

As of November 2015

Absolutely Stunning Condo with Bright & Spacious Living Room & Cozy Stone Fireplace. Second Floor Unit with Gorgeous Vaulted Ceilings, Tile Entryway, Peaceful Patio with Striking Views of Greenbelt, Massive Trees, & Well Maintained Grounds, Master Bedroom Suite, Tile Counters & Floors in Kitchen, Central Air Conditioning, Fresh Paint, Updated Bathroom with Tile Shower & Floors, New Carpet, Laundry Inside, Double Closets, Community Clubhouse, Pool, & Spa. Walking distance to the New Village Oaks Shopping.

Last Agent to Sell the Property

Matt Cossell

KW Bay Area Estates License #01382971 Listed on: 10/02/2015

KW Bay Area Estates

Last Buyer's Agent

Valerie Smith

Compass License #01808822

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1985

Lot Details

  • 915

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 552 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Carport Space
  • Lighted Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 692-35-032

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - liability, roof, security service, water / sewer
  • Terrace Villas Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,672

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 552
  • Year Built: 1985
  • Zoning Description: A-DP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 552
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa / Hot Tub
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio, Storage Shed / Structure
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 364
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Liability, Roof, Security Service, Water / Sewer
  • H O A Name Text: Terrace Villas
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 692-35-032
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 871.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 7, 2015
Sold by
Arms Alyson M D
Bought by
Kaushal Natasha K
Seller's Agent
Matt Cossell
KW Bay Area Estates
Buyer's Agent
Valerie Smith
Compass
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Current Estimated Value
$475,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,407
Avg. Annual Appreciation
3.01%
Original Mortgage
$284,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
Pena Joe Peter and Huynh Kim H
Bought by
Darms Alyson M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2000
Sold by
Pena Joe P
Bought by
Pena Joe Peter and Huynh Kim H

Purchase Details

Closed on
Aug 14, 1998
Sold by
Viera Nancy
Bought by
Woodworth Robert Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,950
Interest Rate
6.91%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Byron Woodworth R
Bought by
Pena Joe Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,950
Interest Rate
6.91%
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
Kaushal Natasha K $355,000 Chicago Title Company
Darms Alyson M $225,000 Stewart Title
Pena Joe Peter -- --
Woodworth Robert Byron -- First American Title Guarant
Pena Joe Peter $119,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaushal Natasha K $261,500
Closed Kaushal Natasha K $284,000
Previous Owner Darms Alyson M $181,883
Previous Owner Darms Alyson D $11,757
Previous Owner Darms Alyson M $183,000
Previous Owner Pena Joe Peter $106,950
Closed Darms Alyson M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $355,000 +6.0% $643 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $335,000 -- $607 / 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 $5,672 $420,244 $210,122 $210,122
2024 $5,672 $412,004 $206,002 $206,002
2023 $5,585 $403,926 $201,963 $201,963
2022 $5,569 $396,006 $198,003 $198,003
2021 $5,499 $388,242 $194,121 $194,121
2020 $5,415 $384,262 $192,131 $192,131
2019 $5,304 $376,728 $188,364 $188,364
2018 $5,275 $369,342 $184,671 $184,671
2017 $5,206 $362,100 $181,050 $181,050
2016 $4,947 $355,000 $177,500 $177,500
2015 $3,868 $266,312 $156,656 $109,656
2014 $3,303 $232,000 $136,500 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81517280

MLSListings

APN: 692-35-032