NOT LISTED FOR SALE

5701 Makati Cir Unit B San Jose, CA 95123

Makati Neighborhood

Estimated Value: $493,000 - $515,000

1 Bed
1 Bath
690 Sq Ft
915 Sq Ft Lot

Last Sold April 09, 2022

Last sale price $560,000 $812 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,441/month

9 Days on Market

Highlights

  • Private Pool
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Main Floor Primary Bedroom
  • Sauna
  • Bathroom on Main Level

About This Home

As of April 2022

Makati Circle complex known as Terrace Villas community is one of the best complex buildings in this area. It is conveniently located in a desirable part of South San Jose where very easy to access 85 and 101 freeways and easy access to VTA and Cal Train. It is FHA approved that you don't find many complex buildings are. Across street from Village Oaks shopping center, which has many nice stores such as: Target, Lowe's, In-N-Out, Safeway gas station, and many more. This ground floor unit itself is in a very private and quiet part of the complex. You surely feel like a private home. It has been upgraded not long time ago with the latest appliances. Central forced AC and heater. Very spacious laundry room within the unit with beautiful marble flooring. Private and cozy patio with beautiful lemon trees. Very well designed and well-kept landscaping around the building.

Last Agent to Sell the Property

Mohsen Jahani

eXp Realty of California Inc License #01407325 Listed on: 03/14/2022

eXp Realty of California Inc

Last Buyer's Agent

Mike Foor

Intero Real Estate Services License #00904917

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,095

Year Built

  • 1984

Lot Details

  • 915

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Marble Bathroom Countertops
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • No Garage
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, hot water, insurance, insurance - common area
  • 465 Units
  • Terrace Villas Association

Amenities

  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,095

Year Built

1984

Lot Details

0

Listing Details

  • Zoning: APD
  • Subclass: Condominium
  • Age: 38
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 690
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 690
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full On Ground Floor, Marble, Shower Over Tub - 1, Tub In Primary Bedroom

Exterior Features

  • Foundation: Post And Pier
  • Pool Description: Yes
  • Roof: Shingle
  • Construction Type: Vinyl Siding, Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, No Garage
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Terrace Villas
  • HOA Fees: 519
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Hot Water, Insurance, Insurance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas

Schools

  • School District: East Side Union High

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 5, 2022
Sold by
Mohsen Jahani
Bought by
Estepa Properties 2 Lp
Seller's Agent
Mohsen Jahani
eXp Realty of California Inc
Buyer's Agent
Mike Foor
Intero Real Estate Services
List Price
$499,000
Sold Price
$560,000
Premium/Discount to List
$61,000
12.22%
Current Estimated Value
$515,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,013
Avg. Annual Appreciation
-2.15%

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 13, 2018
Sold by
Nazlou Eden
Bought by
Jahani Mohsen
Seller's Agent
Kristina Molitor
Intero Real Estate Services
Buyer's Agent
Mohsen Jahani
One World Estates
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$180,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 1, 2014
Closed on
Jan 7, 2015
Sold by
Baker Roger A and Baker Dagmar M
Bought by
Nazlou Eden
Seller's Agent
Grace Tsang
Intero Real Estate Services
Buyer's Agent
Maggie Rakow
Intero Real Estate Services
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$294,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Baker Roger A and Baker Dagmar
Bought by
Baker Roger A and Baker Dagmar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,574
Interest Rate
5.86%
Mortgage Type
VA

Purchase Details

Closed on
Aug 12, 2002
Sold by
Baker Roger A and Baker Dagmar
Bought by
Baker Roger A and Baker Dagmar

Purchase Details

Closed on
Jun 25, 1999
Sold by
Hansen Ronald G
Bought by
Baker Roger Allen and Baker Dagmar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
7.2%
Mortgage Type
VA
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
Estepa Properties 2 Lp $560,000 First American Title
Jahani Mohsen $490,000 Chicago Title Co
Nazlou Eden $310,000 Orange Coast Title Company
Baker Roger A -- Chicago Title
Baker Roger A -- --
Baker Roger Allen $148,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jahani Mohsen $735,000
Previous Owner Jahani Mohsen $180,000
Previous Owner Nazlou Eden $289,000
Previous Owner Nazlou Eden $294,500
Previous Owner Baker Roger A $133,788
Previous Owner Baker Roger A $145,574
Previous Owner Baker Roger Allen $148,200
Previous Owner Hansen Ronald G $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2022 04/09/22 Sold $560,000 +12.2% $812 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $499,000 +1.8% $723 / Sq Ft
12/26/2018 12/26/18 Sold $490,000 -1.8% $710 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $499,000 +61.0% $723 / Sq Ft
01/16/2015 01/16/15 Sold $310,000 -1.6% $449 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
12/01/2014 12/01/14 For Sale $315,000 -- $457 / 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
2024 $7,095 $520,000 $260,000 $260,000
2023 $6,936 $505,000 $252,500 $252,500
2022 $7,078 $515,074 $257,537 $257,537
2021 $6,480 $470,000 $235,000 $235,000
2020 $6,314 $499,800 $249,900 $249,900
2019 $6,699 $490,000 $245,000 $245,000
2018 $4,822 $327,440 $163,720 $163,720
2017 $4,761 $321,020 $160,510 $160,510
2016 $4,525 $314,726 $157,363 $157,363
2015 $2,950 $193,299 $67,561 $125,738
2014 $2,782 $189,513 $66,238 $123,275
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mohsen Jahani

    eXp Realty of California Inc

    Section Image

  • M

    Buyer's Agent in 2022

    Mike Foor

    Intero Real Estate Services

    (650) 532-8500

    4 in this area

    20 Total Sales

    Section Image

  • K

    Seller's Agent in 2018

    Kristina Molitor

    Intero Real Estate Services

    Section Image

  • G

    Seller's Agent in 2015

    Grace Tsang

    Intero Real Estate Services

    Section Image
  • Maggie Rakow

    Buyer's Agent in 2015

    Maggie Rakow

    Intero Real Estate Services

    (408) 859-9549

    27 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81881004

MLSListings

APN: 692-34-002

California Santa Clara County San Jose 95123 Makati

5701 Makati Cir Unit B, San Jose, CA

This home is located at 5701 Makati Cir Unit B, San Jose, CA 95123 since 14 March 2022 and is currently estimated at $501,184, approximately $726 per square foot. This property was built in 1984. 5701 Makati Cir Unit B 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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