$500,000
SOLD SEP 9, 2022

5701 Makati Cir Unit D San Jose, CA 95123

Makati Neighborhood
1 Bed
1 Bath
690 Sq Ft
915 Sq Ft Lot

Recently Sold

$725 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Tile Flooring
  • Main Floor Primary Bedroom
  • Bathtub
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Beautifully updated condo located in a quiet neighborhood with alluring trees all around. This ground-level unit has new laminate flooring, open floor plan with a fireplace in the living room, and a newly updated kitchen. There is also an in unit laundry room, private patio with storage closet, community clubhouse, pool, and spa. Walking distance to the new Village Oaks shopping and dining area.

Last Agent to Sell the Property

Desiree Breschi

Metro Property Management License #01983741 Listed on: 07/27/2022

Last Buyer's Agent

Ed Barreto

Kinetic Real Estate License #02002490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1984

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 692-34-004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, pool spa or tennis, water / sewer
  • Terrace Villas Homeowners Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,885

Year Built

Built in 1984

Lot Details

0

Listing Details

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

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 690
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: Inside
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 519
  • Association Fees Include: Garbage, Pool, Spa, or Tennis, Water / Sewer
  • H O A Name Text: Terrace Villas Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-34-004

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 23, 2022
Sold by
Ruth Franco
Bought by
Vando Truc
Seller's Agent
Desiree Breschi
Metro Property Management
Buyer's Agent
Ed Barreto
Kinetic Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
3
Current Estimated Value
$493,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,514
Avg. Annual Appreciation
-0.45%
Original Mortgage
$360,000
Outstanding Balance
$344,263
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$149,223

Purchase Details

Closed on
Feb 21, 2002
Sold by
Brigs William Owen
Bought by
Franco Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.99%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $500,000 --
Grant Deed $230,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $206,800 Unknown
Previous Owner $208,000 Unknown
Previous Owner $184,000 No Value Available
Closed $23,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $500,000 0.0% $725 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/07/2022 08/07/22 Price Changed $499,999 -4.8% $725 / Sq Ft
07/27/2022 07/27/22 For Sale $525,000 -- $761 / 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 $6,885 $510,000 $255,000 $255,000
2023 $6,803 $500,000 $250,000 $250,000
2022 $4,607 $320,163 $180,963 $139,200
2021 $4,544 $313,886 $177,415 $136,471
2020 $4,476 $310,668 $175,596 $135,072
2019 $4,384 $304,577 $172,153 $132,424
2018 $4,358 $298,606 $168,778 $129,828
2017 $4,300 $292,752 $165,469 $127,283
2016 $4,085 $287,013 $162,225 $124,788
2015 $3,986 $282,703 $159,789 $122,914
2014 $3,772 $277,166 $156,659 $120,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81901801

MLSListings

APN: 692-34-004