$395,000
SOLD NOV 5, 2014

5703 Makati Cir Unit C San Jose, CA 95123

Makati Neighborhood
2 Beds
2 Baths
995 Sq Ft
436 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • Primary Bedroom Suite
  • Sauna
  • Ground Level Unit
  • Contemporary Architecture
  • End Unit
  • Community Pool

About This Home

As of August 2023

The Only 2Bed/2Bath for Sale in Desirable Terrace Villas! Prime Spot! First Floor Location...No Stairs! Updated Kitchen Features New Granite Counters. Both Baths Have Granite Counters. New Paint. Spacious Living Room with cozy Fireplace. Separate Eating Area. Inside Laundry Room. Central A/C, Private Patio. Back on the market - Buyer lost their job. Sold w/multiple offers - Hurry won't last long.

Last Agent to Sell the Property

Kenn Callahan

Coldwell Banker Realty License #01044326 Listed on: 09/03/2014

Coldwell Banker Realty

Last Buyer's Agent

Zaid Hanna

Intero Real Estate Services License #01421581

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1982

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 995 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 692-32-004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance - common area
  • Terrace Villas Association
  • Built by Terrace Villas
  • Greenbelt

Amenities

  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,580

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 32
  • Sale Price Per Sq Ft: 396.98
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 995
  • 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: 1982
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Yes, Wood Burning
  • Dining Room: Formal Dining Room, Breakfast Bar, Dining "L"
  • Kitchen: Dishwasher, Refrigerator, Oven Range
  • Living Sq Ft: 995
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Storage, Utility Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 383
  • HOA Amenities: Garden / Greenbelt / Trails, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Garbage, Insurance - Common Area
  • H O A Name Text: Terrace Villas
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

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
  • List Price per Sq Ft: 401.01
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

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
  • 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
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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $520,000 Old Republic Title Company
Grant Deed $395,000 Old Republic Title Company
Quit Claim Deed -- Old Republic Title Company
Grant Deed $312,000 Stewart Title Of California
Individual Deed $280,000 North American Title Co
Corporate Deed $127,000 Old Republic Title Company
Trustee Deed $147,311 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,000 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $416,000 New Conventional
Previous Owner $375,250 New Conventional
Previous Owner $273,900 Adjustable Rate Mortgage/ARM
Previous Owner $249,600 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $30,000 Unknown
Previous Owner $266,000 Purchase Money Mortgage
Previous Owner $125,000 Unknown
Previous Owner $123,150 Seller Take Back
Closed $62,400 No Value Available
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

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Map

Source: MLSListings

MLS Number: ML81431949

MLSListings

APN: 692-32-004