NOT LISTED FOR SALE

5703 Makati Cir Unit C San Jose, CA 95123

Makati Neighborhood

Estimated Value: $645,000 - $675,000

2 Beds
2 Baths
995 Sq Ft
$607/mo HOA Fee

Last Sold August 15, 2023

Last sale price $640,000 $643 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,807/month

4 Days on Market

Highlights

  • Private Pool
  • Sauna
  • Washer and Dryer
  • Clubhouse
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of August 2023

Move right in! This 2 bedroom, 2 bath home is on the first floor and one level. Great layout with many features such as a separate laundry room with added cabinets for storage. Primary bedroom has 2 closets. Storage closet on patio and central air conditioning too! Community has pool, hot tub and clubhouse. Convenient location with easy access to Village Oaks shopping center (just 1/2 mile away) where you have a variety of restaurants and shops. Kaiser hospital is a mile away and transportation is nearby. VTA Cottle light rail is less than 1/2 mile and Blossom Hill Caltrain is less than 1 mile away. Complex is FHA approved.

Last Agent to Sell the Property

Lynne Olenak

Christie's International Real Estate Sereno License #01260695 Listed on: 07/13/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Martin Ku

Maxreal License #01409821

Maxreal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1982

Lot Details

  • 436

HOA Fees

  • $607 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 995 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • No Garage
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 692-32-004

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, maintenance - common area, roof, water / sewer
  • 465 Units
  • Terrace Villas HOA
  • Built by Terrace Villas

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,580

Year Built

Built in 1982

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Restrictions
  • Age: 41
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 995
  • Complex Name: Terrace Villas
  • Incorporated: Yes
  • Year Built: 1982
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 995
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 607
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Budget, CC&RS, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Maintenance - Common Area, Roof, Water / Sewer
  • H O A Name Text: Terrace Villas HOA
  • H O A Exist: Yes

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

  • Parcel Number: 692-32-004

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

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

Closed on
Oct 16, 2024
Sold by
Soni Nipun and Soni Nidhi
Bought by
Soni Family Revocable Trust and Soni
Current Estimated Value
$660,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Outstanding Balance
$459,039
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$201,051

Purchase Details

Closed on
Jun 29, 2020
Sold by
Bevis Todd and Bevis Sherry Lynn
Bought by
Bevis Todd and Bevis Sherry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 11, 2017
Sold by
Panesar Parvin
Bought by
Bevis Todd and Bevis Sherry Lynn
Seller's Agent
The Hanna Group
Intero Real Estate Services
Buyer's Agent
Lynne Olenak
Sereno Group
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$416,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 28, 2014
Sold by
Kimerer Kevin and Kimerer Kristi
Bought by
Panesar Parvin
Seller's Agent
Kenn Callahan
Coldwell Banker Realty
Buyer's Agent
Zaid Hanna
Intero Real Estate Services
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$375,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 3, 2014
Sold by
Bhamra Jaspreet Kaur
Bought by
Panesar Parvin
Seller's Agent
Kenn Callahan
Coldwell Banker Realty
Buyer's Agent
Zaid Hanna
Intero Real Estate Services
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Espinoza Octavio and Espinoza Julie
Bought by
Kimerer Kevin and Kimerer Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Cowan Ronald L and Cowan Pearline E
Bought by
Espinoza Octavio and Espinoza Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1995
Sold by
Federal National Mortgage Association
Bought by
Cowan Ronald L and Cowan Pearline E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,150
Interest Rate
8.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 1995
Sold by
Federal National Mortgage Association
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,150
Interest Rate
8.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Soni Family Revocable Trust -- None Listed On Document
Soni Nipun -- None Listed On Document
Bevis Todd -- Chicago Title Company
Bevis Alan Todd -- Chicago Title Company
Bevis Todd $520,000 Old Republic Title Company
Panesar Parvin $395,000 Old Republic Title Company
Panesar Parvin -- Old Republic Title Company
Kimerer Kevin $312,000 Stewart Title Of California
Espinoza Octavio $280,000 North American Title Co
Cowan Ronald L $127,000 Old Republic Title Company
Federal National Mortgage Association $147,311 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soni Nipun $463,000
Previous Owner Bevis Alan Todd $395,000
Previous Owner Bevis Todd $416,000
Previous Owner Panesar Parvin $375,250
Previous Owner Kimerer Kevin $273,900
Previous Owner Kimerer Kevin $249,600
Previous Owner Espinoza Julie $240,000
Previous Owner Espinoza Julie $30,000
Previous Owner Espinoza Octavio $266,000
Previous Owner Cowan Ronald L $125,000
Previous Owner Cowan Ronald L $123,150
Closed Kimerer Kevin $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $640,000 +1.7% $643 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $629,000 +21.0% $632 / Sq Ft
07/17/2017 07/17/17 Sold $520,000 +4.2% $523 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $499,000 +26.3% $502 / Sq Ft
11/05/2014 11/05/14 Sold $395,000 -1.0% $397 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/13/2014 09/13/14 For Sale $399,000 0.0% $401 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $399,000 -- $401 / 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 $8,580 $652,800 $326,400 $326,400
2024 $8,580 $640,000 $320,000 $320,000
2023 $7,732 $568,694 $284,347 $284,347
2022 $7,704 $557,544 $278,772 $278,772
2021 $7,621 $546,612 $273,306 $273,306
2020 $7,504 $541,008 $270,504 $270,504
2019 $7,353 $530,400 $265,200 $265,200
2018 $7,318 $520,000 $260,000 $260,000
2017 $5,910 $409,042 $204,521 $204,521
2016 $5,619 $401,022 $200,511 $200,511
2015 $5,486 $395,000 $197,500 $197,500
2014 $4,897 $361,859 $139,175 $222,684
Source: Public Records

Agents Affiliated with this Home

  • Lynne Olenak

    Seller's Agent in 2023

    Lynne Olenak

    Sereno Group

    (408) 656-0895

    1 in this area

    45 Total Sales

    Lynne Olenak
    Section Image
  • Martin Ku

    Buyer's Agent in 2023

    Martin Ku

    Maxreal

    (408) 568-9556

    1 in this area

    36 Total Sales

    Martin Ku
    Section Image

  • T

    Seller's Agent in 2017

    The Hanna Group

    Intero Real Estate Services

    Section Image
  • Kenn Callahan

    Seller's Agent in 2014

    Kenn Callahan

    Coldwell Banker Realty

    (408) 202-5800

    1 in this area

    64 Total Sales

    Kenn Callahan
    Section Image

  • Z

    Buyer's Agent in 2014

    Zaid Hanna

    Intero Real Estate Services

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81934794

MLSListings

APN: 692-32-004

California Santa Clara County San Jose 95123 Makati

5703 Makati Cir Unit C, San Jose, CA

This home is located at 5703 Makati Cir Unit C, San Jose, CA 95123 since 13 July 2023 and is currently estimated at $660,010, approximately $663 per square foot. This property was built in 1982. 5703 Makati Cir Unit C 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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