NOT LISTED FOR SALE

5693 Makati Cir Unit E San Jose, CA 95123

Makati Neighborhood

Estimated Value: $493,000 - $505,016

1 Bed
1 Bath
690 Sq Ft
$612/mo HOA Fee

Last Sold July 08, 2024

Last sale price $508,000 $736 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,811/month

21 Days on Market

Highlights

  • Cabana
  • Primary Bedroom Suite
  • Clubhouse
  • Unit is on the top floor
  • Mountain View
  • Vaulted Ceiling

About This Home

As of July 2024

I am pleased to present to you the Terrace Villas community, a hidden gem located in the heart of South San Jose. This pristine corner unit condo, perched on the second floor, offers breathtaking greenbelt and mountain views. Flooded with natural sunlight and boasting vaulted ceilings, this meticulously updated gem features a modern kitchen and bathroom with granite countertops, soft-close cabinets, drawers, and stainless steel appliances. You'll also appreciate the ample storage, spacious closets, an in-unit private laundry room, and a dedicated covered parking space just steps away. Nestled in a community offering hassle-free parking and within walking distance of dining options and every imaginable convenience. Terrace Villas feels like a vacation destination with its tree-lined street, walking path, pool, hot tub with attached clubhouse. Safeway, Kaiser Santa Teresa nearby, VTA Light Rail is walking distance. Don't miss out on the opportunity to make this perfect blend of modern living with a touch of community charm your dream home today!

Last Agent to Sell the Property

Lisa Nasser

eXp Realty of California Inc License #01510754 Listed on: 05/17/2024

eXp Realty of California Inc

Last Buyer's Agent

Ryan Talamantes

Real Estate Experts ERA Powered License #01848158

Real Estate Experts ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Southwest Facing Home
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $612 Monthly HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Storage Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Lighted Parking
  • On-Street Parking
  • Uncovered Parking
  • Assigned Parking

Pool

  • Cabana
  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Shed

Location

  • Unit is on the top floor

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 692-34-037

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof, security service, water / sewer
  • 400 Units
  • Terrace Villas Home Owner Association
  • Built by Terrace Villas
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,885

Year Built

Built in 1985

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Subclass: Condominium
  • Age: 39
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Min Numberof Unitsin Complex: 400
  • Structure Sq Ft: 690
  • Complex Name: Terrace Villas
  • Year Built: 1985
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Freezer, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 690
  • Stories: 1
  • Security: Security Service
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Additional Rooms: Laundry Room, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Granite, Primary - Stall Shower(s)
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Fenced, Pool - In Ground, Spa / Hot Tub
  • Roof: Shingle
  • View: Greenbelt, Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Fenced Back, Wood
  • Property Faces: Southwest
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Lighted Parking Area, On Street, Uncovered Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 612
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Security Service, Water / Sewer
  • H O A Name Text: Terrace Villas Home Owner Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

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

Lot Info

  • Lot Description: Views
  • Parcel Number: 692-34-037

Green Features

  • Energy Features: Energy Star Appliances, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit, End Unit, Top Floor or Penthouse

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 21, 2024
Sold by
Nasser Lisa W and Dughman Aziz Richard
Bought by
Rocha Susan Genoveva
Seller's Agent
Lisa Nasser
eXp Realty of California Inc
Buyer's Agent
Ryan Talamantes
Real Estate Experts ERA Powered
List Price
$499,999
Sold Price
$508,000
Premium/Discount to List
$8,001
1.6%
Views
30
Current Estimated Value
$497,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,996
Avg. Annual Appreciation
-0.15%
Original Mortgage
$446,000
Outstanding Balance
$441,020
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$66,065

Purchase Details

Closed on
Jan 18, 2022
Sold by
Nasser Lisa W
Bought by
Nasser Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 12, 2018
Sold by
Herbert Joshua D and Cheung Elman
Bought by
Nasser Lisa W
Seller's Agent
Deborah Johnson
Compass
Buyer's Agent
Grace McAuliffe
Better Homes and Gardens Real Estate JFF
List Price
$498,000
Sold Price
$512,000
Premium/Discount to List
$14,000
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%
Original Mortgage
$479,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Mello Robert A
Bought by
Herbert Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ballenger Gail C
Bought by
Mello Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2003
Sold by
Prull Janice A and Owen Janice A
Bought by
Ballenger Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
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
Rocha Susan Genoveva $508,000 Old Republic Title
Nasser Lisa W $234,000 New Title Company Name
Nasser Lisa W $512,000 First American Title Co
Herbert Joshua D $125,000 Chicago Title Company
Mello Robert A $315,000 First American Title Company
Ballenger Gail C $224,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Susan Genoveva $446,000
Previous Owner Nasser Lisa W $468,000
Previous Owner Nasser Lisa W $479,000
Previous Owner Herbert Joshua D $112,500
Previous Owner Mello Robert A $252,000
Previous Owner Ballenger Gail C $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $508,000 +1.6% $736 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $499,999 -2.3% $725 / Sq Ft
11/07/2018 11/07/18 Sold $512,000 +2.8% $742 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $498,000 -- $722 / 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 $6,885 $508,000 $254,000 $254,000
2024 $6,885 $510,000 $255,000 $255,000
2023 $6,911 $510,000 $255,000 $255,000
2022 $7,102 $510,000 $255,000 $255,000
2021 $6,638 $470,000 $235,000 $235,000
2020 $6,713 $479,000 $239,500 $239,500
2019 $7,118 $512,000 $256,000 $256,000
2018 $2,366 $137,984 $68,992 $68,992
2017 $2,335 $135,280 $67,640 $67,640
2016 $2,216 $132,628 $66,314 $66,314
2015 $2,074 $130,636 $65,318 $65,318
2014 $1,943 $128,078 $64,039 $64,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81961418

MLSListings

APN: 692-34-037