NOT LISTED FOR SALE

5698 Makati Cir Unit G San Jose, CA 95123

Makati Neighborhood

Estimated Value: $439,000 - $502,000

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

Last Sold May 24, 2024

Last sale price $450,000 $588 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,646/month

41 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Bathtub with Shower
  • Vaulted Ceiling
  • Breakfast Bar
  • Laundry Room

About This Home

As of May 2024

Nestled in the heart of San Jose, this unit is located in the desirable Terrace Villas community on Makati Circle .This charming and updated 1 bed 1 bath unit offers many features which include: new carpet, vinyl flooring, and new paint throughout, and the kitchen features a new stainless steel oven, microwave, and dishwasher. This property features an in-unit separate laundry room with a full sizeelectric washer and dryer. You can sit back and enjoy the peaceful and professionally landscaped greenery from your private balcony and enjoy a refreshing dip with access to the private pool and spa. This is property is convieniently located just moments away a variety of shops and restaurants, or you can easily head out to your favorite destination with nearby access to Hgwy's 85 and 101.

Last Agent to Sell the Property

John Jenkins

Compass License #01291177 Listed on: 03/18/2024

Compass

Last Buyer's Agent

Sushama N. Thakker

Compass License #01361717

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,176

Year Built

  • Built in 1982

Lot Details

  • 436

HOA Fees

  • $612 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 765 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Lighted Parking
  • Guest Parking
  • On-Street Parking

Pool

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 692-31-024

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, pool spa or tennis, reserves, roof, sewer
  • Terrace Villas Association
  • Built by Terrace Villas

Amenities

  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,176

Year Built

Built in 1982

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Rules
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 765
  • Complex Name: Terrace Villas
  • Year Built: 1982
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 765
  • Stories: 1
  • Laundry: Dryer, In Utility Room, Washer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Fenced, Pool - In Ground, Spa - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking, Lighted Parking Area, On Street, Parking Restrictions
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 612
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Reserves, Roof, Sewer
  • H O A Name Text: Terrace Villas
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: East Side Union High
  • Elementary School: Alex Anderson Elementary
  • Middle School: Caroline Davis Intermediate
  • High School: Oak Grove High
  • High School: 249
  • Elementary School: 173
  • Middle School: 179

Lot Info

  • Parcel Number: 692-31-024

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

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: Caroline Davis Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 22, 2024
Sold by
Cortez Michael
Bought by
Cabadas Eduardo
Seller's Agent
John Jenkins
Compass
Buyer's Agent
Sushama N. Thakker
Compass
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
83
Current Estimated Value
$476,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,932
Avg. Annual Appreciation
4.89%
Original Mortgage
$360,000
Outstanding Balance
$355,609
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$124,145

Purchase Details

Closed on
Nov 28, 2005
Sold by
Massey Brian G
Bought by
Cortez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 4, 1995
Sold by
Kirsch Robin and Faulk Charles
Bought by
Massey Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1994
Sold by
Faulk Charles and Kirsch Candace
Bought by
Faulk Charles and Kirsch Candace

Purchase Details

Closed on
Nov 10, 1993
Sold by
Faulk Charles and Faulk Charles W
Bought by
Kirsch Robin and Faulk Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.88%
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
Cabadas Eduardo $450,000 First American Title
Cortez Michael $333,000 Chicago Title
Massey Brian G $87,000 American Title Ins Co
Faulk Charles -- --
Kirsch Robin -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabadas Eduardo $360,000
Previous Owner Cortez Michael $244,500
Previous Owner Cortez Michael $266,400
Previous Owner Massey Brian G $51,000
Previous Owner Massey Brian G $180,000
Previous Owner Massey Brian G $36,000
Previous Owner Massey Brian G $193,750
Previous Owner Massey Brian G $120,000
Previous Owner Massey Brian G $84,400
Previous Owner Kirsch Robin $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $450,000 -5.3% $588 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $475,000 0.0% $621 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $475,000 -- $621 / 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 $6,176 $459,000 $229,500 $229,500
2024 $6,176 $445,793 $222,796 $222,997
2023 $6,086 $437,053 $218,428 $218,625
2022 $6,069 $428,485 $214,146 $214,339
2021 $5,997 $420,085 $209,948 $210,137
2020 $5,906 $415,779 $207,796 $207,983
2019 $5,787 $407,627 $203,722 $203,905
2018 $5,758 $399,635 $199,728 $199,907
2017 $5,685 $391,800 $195,812 $195,988
2016 $5,276 $374,000 $186,900 $187,100
2015 $4,961 $353,200 $176,500 $176,700
2014 $4,432 $324,000 $161,900 $162,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Jenkins

    Compass

    Section Image

  • S

    Buyer's Agent in 2024

    Sushama N. Thakker

    Compass

    Section Image

  • S

    Buyer Co-Listing Agent in 2024

    Shilpa Joshi

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81957952

MLSListings

APN: 692-31-024

California Santa Clara County San Jose 95123 Makati

5698 Makati Cir Unit G, San Jose, CA

This home is located at 5698 Makati Cir Unit G, San Jose, CA 95123 since 18 March 2024 and is currently estimated at $476,932, approximately $623 per square foot. This property was built in 1982. 5698 Makati Cir Unit G 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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