NOT LISTED FOR SALE

5559 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $982,000 - $1,131,612

3 Beds
3 Baths
1,874 Sq Ft
$636/mo HOA Fee

Last Sold April 06, 2022

Last sale price $1,112,000 $593 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,438/month

4 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Granite Countertops
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Neighborhood Views

About This Home

As of April 2022

Stunning townhouse in desirable Terrace Villas community. This home has 3 beds, 2.5 baths, 1,874 SqFt, a spacious backyard, and 2-car garage. The largest plan in the complex and rarely available. The home is fully remodeled with the finest materials and modern features. The gourmet kitchen is the centerpiece of the home with granite counters, stainless steel appliances, modern cabinets, high-end frig/freezer built to perfectly fit the surrounding cabinets, recessed lighting, tile backsplash, and breakfast bar that opens to the formal dining room. The modern family room has wall-mounted cabinets, wired surround sound, and recessed lighting. The living room has a cozy fireplace, vaulted ceilings, and large windows allowing a bright welcoming feeling. The huge primary bedroom has two closets including a walk-in, dual sink vanity, and tile shower. Additional features include a peaceful fenced backyard with patio and artificial grass, finished garage with epoxy floor, and laundry area.

Last Agent to Sell the Property

Matt Cossell

KW Bay Area Estates License #01382971 Listed on: 03/02/2022

KW Bay Area Estates

Last Buyer's Agent

Manuel Dena

Redfin License #01223534

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,491

Year Built

  • 1985

Lot Details

  • Wood Fence
  • Back Yard

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Private Pool
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Treatment System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance, maintenance - common area, maintenance - exterior, pool spa or tennis, recreation facility, roof
  • Terrace Villas HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,491

Year Built

1985

Lot Details

0

HOA Fees

$636 per month

Parking

2

Listing Details

  • Zoning: APD
  • Subclass: Condominium
  • Style: Contemporary, Modern / High Tech
  • Age: 37
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 1874
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1874
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Garage
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Showers Over Tubs - 2+, Tile, Tub In Primary Bedroom, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure
  • Fencing: Wood
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa - Fenced, Spa - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 636
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Recreation Facility, Roof
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

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

Green Features

  • Energy Features: Double Pane Windows

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
Mar 2, 2022
Closed on
Apr 4, 2022
Sold by
Gomide Carvalho Mario and Gomide Barbara A
Bought by
Kumar Sushil and Rai Anumeha
Seller's Agent
Matt Cossell
KW Bay Area Estates
Buyer's Agent
Manuel Dena
Redfin
List Price
$975,000
Sold Price
$1,112,000
Premium/Discount to List
$137,000
14.05%
Current Estimated Value
$1,065,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,347
Avg. Annual Appreciation
-1.98%
Original Mortgage
$834,000
Outstanding Balance
$780,568
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$257,580

Purchase Details

Listed on
May 2, 2017
Closed on
May 30, 2017
Sold by
Oh David and Shin Saero
Bought by
Carvalho Mario Gomide and Da Silva Barbara Gomide Aguiar
Seller's Agent
Minhua Jin
Coldwell Banker Realty
Buyer's Agent
Cristiane Eissmann
Keller Williams San Jose Gateway
List Price
$699,980
Sold Price
$738,000
Premium/Discount to List
$38,020
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$580,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2005
Sold by
Oh David D and Shin Saero
Bought by
Oh David and Shin Saero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2005
Sold by
Oh Kwan Soo and Oh Bong Hee
Bought by
Oh David D and Shin Saero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1994
Sold by
Park Jong Chang and Park Young Sook
Bought by
Oh Kwan Soo and Oh Bong Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.29%
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
Kumar Sushil $1,112,000 Chicago Title
Carvalho Mario Gomide $738,000 Cornerstone Title Company
Oh David -- Alliance Title Company
Oh David D $420,000 Fidelity National Title Ins
Oh Kwan Soo $185,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Sushil $834,000
Previous Owner Carvalho Mario Gomide $580,000
Previous Owner Oh David $403,000
Previous Owner Oh David $420,000
Previous Owner Oh David $420,000
Previous Owner Oh David D $336,000
Previous Owner Oh Kwan Soo $150,000
Previous Owner Oh Kwan Soo $148,000
Closed Oh David D $63,000
Closed Kumar Sushil $165,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $1,112,000 +14.1% $593 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $975,000 +32.1% $520 / Sq Ft
06/02/2017 06/02/17 Sold $738,000 +5.4% $394 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $699,980 0.0% $374 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $699,980 -- $374 / 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 $13,491 $970,000 $485,000 $485,000
2024 $13,491 $985,000 $492,500 $492,500
2023 $12,676 $915,000 $457,500 $457,500
2022 $11,461 $807,106 $403,553 $403,553
2021 $11,312 $791,282 $395,641 $395,641
2020 $10,399 $731,000 $365,500 $365,500
2019 $10,811 $767,814 $383,907 $383,907
2018 $10,745 $752,760 $376,380 $376,380
2017 $4,413 $270,916 $95,185 $175,731
2016 $4,199 $265,605 $93,319 $172,286
2015 $4,106 $261,617 $91,918 $169,699
2014 $3,519 $256,493 $90,118 $166,375
Source: Public Records

Agents Affiliated with this Home

  • Matt Cossell

    Seller's Agent in 2022

    Matt Cossell

    KW Bay Area Estates

    (408) 761-3271

    22 in this area

    132 Total Sales

    Matt Cossell
    Section Image

  • M

    Buyer's Agent in 2022

    Manuel Dena

    Redfin

    Section Image
  • Minhua Jin

    Seller's Agent in 2017

    Minhua Jin

    Coldwell Banker Realty

    (408) 996-1100

    89 Total Sales

    Minhua Jin
    Section Image

  • C

    Buyer's Agent in 2017

    Cristiane Eissmann

    Keller Williams San Jose Gateway

    Section Image
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Map

Source: MLSListings

MLS Number: ML81880513

MLSListings

APN: 692-40-002

California Santa Clara County San Jose 95123 Makati

5559 Makati Cir, San Jose, CA

This home is located at 5559 Makati Cir, San Jose, CA 95123 since 02 March 2022 and is currently estimated at $1,065,653, approximately $568 per square foot. This property was built in 1985. 5559 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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