NOT LISTED FOR SALE

5577 Makati Cir San Jose, CA 95123

Makati Neighborhood

Estimated Value: $700,000 - $901,000

2 Beds
2 Baths
1,217 Sq Ft
436 Sq Ft Lot

Last Sold October 11, 2013

Last sale price $425,000 $349 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,699/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Traditional Architecture
  • Clubhouse
  • Marble Flooring
  • Sauna

About This Home

As of October 2013

Rare single-story, two-bedroom/two-bath home in the desirable Terrace Villas community. This home has appealing architectural angles, wood flooring, newly updated kitchen has slab granite counters, dual stainless steel sink & recessed lighting. Spacious family room has gas-log fireplace. Other amenities include: Central A/C, 2 spacious patios, attached 2 car garage, community pool/spa & much more.

Last Agent to Sell the Property

Mark Barber

Compass License #70005796 Listed on: 09/04/2013

Compass

Last Buyer's Agent

Nalini Aiyagari

Coldwell Banker Realty License #01248710

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 1985

Lot Details

  • 436

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 692-37-006

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, water, common area electricity, exterior painting, fencing, garbage, insurance - liability
  • Terrace Villas Association

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,536

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Age: 28
  • Sale Price Per Sq Ft: 349.22
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1217
  • Incorporated: Yes
  • Map Book Page: 875
  • Map Side Coordinate: 4
  • Map Top Coordinate: B
  • Thomas Bros Page: 875
  • Thomas Brothers: B4
  • Year Built: 1985
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Yes, Gas Log
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1217
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Marble
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

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: Forced Air

Condo/Co-op/Association

  • HOA Fees: 383
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Water, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Liability
  • H O A Name Text: Terrace Villas
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Vaulted Ceiling, Balcony/Patio

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-37-006
  • List Price per Sq Ft: 327.03
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, Ground Floor

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Meyyappan Meyyammai
Bought by
Meyyammai Living Trust and Meyyappan
Current Estimated Value
$770,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 1, 2013
Sold by
Mccoy Christopher S and Mccoy Melissa D
Bought by
Meyyappan Meyyammai
Seller's Agent
Mark Barber
Compass
Buyer's Agent
Nalini Aiyagari
Coldwell Banker Realty
List Price
$398,000
Sold Price
$425,000
Premium/Discount to List
$27,000
6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$340,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2008
Sold by
Miranda Lori
Bought by
Mccoy Christopher S and Mccoy Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Phan Phan
Bought by
Miranda Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,400
Interest Rate
5.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 10, 2004
Sold by
Manson David E
Bought by
Phan Phan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Manson David E and Manson Darryl
Bought by
Manson David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Manson Darryl D
Bought by
Manson David E and Manson Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Manson Donna S
Bought by
Manson Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2001
Sold by
Manson Darryl D
Bought by
Manson Darryl D

Purchase Details

Closed on
May 6, 1998
Sold by
Manson Johnna M
Bought by
Manson Johnna
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
Meyyammai Living Trust -- Meyyappan Meyyammai
Meyyappan Meyyammai $425,000 Cornerstone Title Company
Mccoy Christopher S $390,000 Financial Title Company
Miranda Lori $533,000 New Century Title Company
Phan Phan $467,500 Alliance Title Company
Manson David E $234,000 Alliance Title Company
Manson David E -- First American Title Company
Manson Darryl -- First American Title Company
Manson Darryl D -- Old Republic Title Company
Manson Darryl D -- Old Republic Title Company
Manson Johnna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyyappan Meyyammai $340,000
Previous Owner Mccoy Christopher S $65,000
Previous Owner Miranda Lori $426,400
Previous Owner Phan Phan $126,000
Previous Owner Manson David E $232,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $425,000 +6.8% $349 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $398,000 -- $327 / 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 $7,536 $520,982 $260,491 $260,491
2024 $7,536 $510,768 $255,384 $255,384
2023 $7,412 $500,754 $250,377 $250,377
2022 $7,365 $490,936 $245,468 $245,468
2021 $7,243 $481,310 $240,655 $240,655
2020 $7,149 $476,376 $238,188 $238,188
2019 $6,976 $467,036 $233,518 $233,518
2018 $6,923 $457,880 $228,940 $228,940
2017 $6,829 $448,902 $224,451 $224,451
2016 $6,499 $440,100 $220,050 $220,050
2015 $6,355 $433,490 $216,745 $216,745
2014 $5,672 $425,000 $212,500 $212,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Barber

    Compass

    Section Image
  • Nalini Aiyagari

    Buyer's Agent in 2013

    Nalini Aiyagari

    Coldwell Banker Realty

    (408) 829-4347

    22 Total Sales

    Nalini Aiyagari
    Section Image
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Map

Source: MLSListings

MLS Number: ML81332577

MLSListings

APN: 692-37-006

California Santa Clara County San Jose 95123 Makati

5577 Makati Cir, San Jose, CA

This home is located at 5577 Makati Cir, San Jose, CA 95123 since 04 September 2013 and is currently estimated at $770,870, approximately $633 per square foot. This property was built in 1985. 5577 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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