NOT LISTED FOR SALE

5699 Makati Cir Unit A San Jose, CA 95123

Makati Neighborhood

Estimated Value: $608,000 - $645,000

2 Beds
1 Bath
924 Sq Ft
915 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $365,000 $395 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,973/month

98 Days on Market

Highlights

  • Clubhouse
  • End Unit
  • Community Pool
  • Sauna
  • Ground Level Unit
  • Breakfast Bar

About This Home

As of September 2014

End Unit Condo with Fireplace & Walk-In tub close to CA-85 and Blossom Hill Road. Granite Counters and Breakfast Bar in Kitchen. Laundry hookups, A/C and patio storage make the unit functional and comfortable. Complex has a pool and recreation center as well. This is a Fannie Mae Property that qualifies for HomePath & HomePath Renovation Financing; Purchase for as little as 5% down.

Last Agent to Sell the Property

Sandy Jamison

Tuscana Properties License #01416124 Listed on: 05/15/2014

Last Buyer's Agent

Sam Fotopoulos

Silicon Valley Associates Inc. License #01237786

Silicon Valley Associates Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,999

Year Built

  • Built in 1984

Lot Details

  • 915

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 220 Volts

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 692-34-009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, water, common area electricity, common area gas, decks, fencing, garbage, insurance -
  • 465 Units
  • Compass Management Association
  • Built by Terrace Villas

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,999

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 30
  • Sale Price Per Sq Ft: 395.02
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Complex: 465
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 924
  • Complex Name: Terrace Villas
  • Incorporated: Yes
  • Map Book Page: 875
  • Map Side Coordinate: 4
  • Map Top Coordinate: B
  • Thomas Bros Page: 875
  • Thomas Brothers: B4
  • Year Built: 1984
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 924
  • Stories: 1
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 377
  • HOA Amenities: Club House, Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Water, Common Area Electricity, Common Area Gas, Decks, Fencing, Garbage, Insurance - None
  • H O A Name Text: Compass Management
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-34-009
  • List Price per Sq Ft: 400.32
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 924.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 924.00
  • Lot Size Area Min Search: 924.00
  • Maximum Lot Size: 924.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

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
Oct 1, 2021
Sold by
Seth Rakesh and Kesavan Venkatesh Babu
Bought by
Groft Nichole E
Current Estimated Value
$626,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Outstanding Balance
$494,868
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,650

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 19, 2014
Sold by
Venkatraman Subhadra
Bought by
Kesavan Venkatesh Babu
Seller's Agent
Sandy Jamison
Tuscana Properties
Buyer's Agent
Sam Fotopoulos
Silicon Valley Associates Inc.
List Price
$384,900
Sold Price
$365,000
Premium/Discount to List
-$19,900
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$237,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 17, 2014
Sold by
Fannie Mae
Bought by
Seth Rakesh and Kesavan Venkatesh Babu
Seller's Agent
Sandy Jamison
Tuscana Properties
Buyer's Agent
Sam Fotopoulos
Silicon Valley Associates Inc.
List Price
$384,900
Sold Price
$365,000
Premium/Discount to List
-$19,900
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2014
Sold by
Krieger Stephanie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2008
Sold by
Stoddard A James
Bought by
Krieger Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Honda Lisa M
Bought by
Stoddard A James

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
6.82%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 6, 2005
Sold by
Honda Lisa M and Honda Richard A
Bought by
Honda Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 27, 1995
Sold by
Home Svgs Of America
Bought by
Honda Lisa M and Honda Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.37%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Park Choonsu and Park Sangsook
Bought by
Home Savings Of America
Source: Public Records

Range of Values:

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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
Groft Nichole E $570,000 Chicago Title Company
Kesavan Venkatesh Babu -- Old Republic Title Company
Seth Rakesh -- Old Republic Title Company
Seth Rakesh $365,000 Old Republic Title Company
Federal National Mortgage Association $307,000 Accommodation
Krieger Stephanie $365,000 First American Title Company
Stoddard A James $380,000 Fidelity National Title Co
Honda Lisa M -- Multiple
Honda Lisa M $117,000 North American Title Co
Home Savings Of America $108,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groft Nichole E $541,500
Previous Owner Seth Rakesh $237,250
Previous Owner Krieger Stephanie $328,000
Previous Owner Stoddard A James $305,000
Previous Owner Stoddard A James $300,000
Previous Owner Honda Lisa M $103,000
Previous Owner Honda Lisa M $108,200
Previous Owner Honda Lisa M $105,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $365,000 0.0% $395 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
08/21/2014 08/21/14 Off Market $365,000 -- --
06/16/2014 06/16/14 Price Changed $369,900 -3.9% $400 / Sq Ft
05/15/2014 05/15/14 For Sale $384,900 -- $417 / 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 $7,999 $604,888 $302,444 $302,444
2024 $7,999 $593,028 $296,514 $296,514
2023 $7,999 $581,400 $290,700 $290,700
2022 $7,862 $570,000 $285,000 $285,000
2021 $5,807 $405,262 $202,631 $202,631
2020 $5,719 $401,108 $200,554 $200,554
2019 $5,604 $393,244 $196,622 $196,622
2018 $5,575 $385,534 $192,767 $192,767
2017 $5,504 $377,976 $188,988 $188,988
2016 $5,233 $370,566 $185,283 $185,283
2015 $5,109 $365,000 $182,500 $182,500
2014 $4,752 $357,000 $178,500 $178,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sandy Jamison

    Tuscana Properties

    Section Image

  • S

    Buyer's Agent in 2014

    Sam Fotopoulos

    Silicon Valley Associates Inc.

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Map

Source: MLSListings

MLS Number: ML81416859

MLSListings

APN: 692-34-009

California Santa Clara County San Jose 95123 Makati

5699 Makati Cir Unit A, San Jose, CA

This home is located at 5699 Makati Cir Unit A, San Jose, CA 95123 since 15 May 2014 and is currently estimated at $626,072, approximately $677 per square foot. This property was built in 1984. 5699 Makati Cir Unit A 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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