NOT LISTED FOR SALE

5705 Makati Cir Unit G San Jose, CA 95123

Makati Neighborhood

Estimated Value: $651,000 - $738,000

2 Beds
2 Baths
995 Sq Ft
$513/mo HOA Fee

Last Sold April 20, 2021

Last sale price $625,000 $628 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,867/month

6 Days on Market

Highlights

  • Park or Greenbelt View
  • Breakfast Area or Nook
  • Guest Parking
  • High Ceiling
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Set within the Terrace Villas Community, this FHA-approved, top-floor condo offers bright spaces & an array of amenities fit for any lifestyle! As you enter, a freshly painted space with a cozy fireplace & durable, laminate floors opens up before you; natural light pours in through the living rooms sliding glass door & up to the vaulted ceilingsrecently removed of popcorn texturing. The spacious balcony features storage while providing picturesque views of mature trees. White cabinets with modern hardware line the kitchen which opens up to a breakfast bar & dining area. Down the hall, the bedrooms contain large, mirrored closets & new carpeting in the primary suite. From the second bath, youll have access to a laundry room. Wonderful amenities include a dedicated carport space, pool/spa/clubhouse access, plus walking paths throughout the greenbelt. Youll appreciate nearby shopping & dining areas, schools, & freeways.

Last Agent to Sell the Property

Tom Beck

KW Bay Area Estates License #01742024 Listed on: 03/18/2021

KW Bay Area Estates

Last Buyer's Agent

Sarah Hancock

Compass License #01939740

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,828

Year Built

  • 1982

Lot Details

  • 436

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 995 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, sewer
  • Terrace Villas HOA
  • The community has rules related to parking rules

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,828

Year Built

1982

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Zoning: APD
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Parking Restrictions, Pets - Rules
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 995
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Bar, No Formal Dining Room
  • Kitchen: Dishwasher, Exhaust Fan, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 995
  • Stories: 1
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Greenbelt

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 513
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

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

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 13, 2021
Sold by
Blackstone Kenneth
Bought by
Gilbert Rebecca and Gilbert Richard E
Seller's Agent
Tom Beck
KW Bay Area Estates
Buyer's Agent
Sarah Hancock
Compass
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$685,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,128
Avg. Annual Appreciation
1.62%
Original Mortgage
$493,000
Outstanding Balance
$447,043
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,179

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 27, 2015
Sold by
Williams Timothey R and Williams Heather L
Bought by
Blackstone Kenneth
Seller's Agent
Leslie Masterman
Compass
Buyer's Agent
Tom Beck
KW Bay Area Estates
List Price
$430,000
Sold Price
$445,000
Premium/Discount to List
$15,000
3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$402,573
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2005
Sold by
Cunningham Laura Christine
Bought by
Williams Timothey R and Williams Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 1999
Sold by
Cunningham Laura Christine and Stranahan Laura Christine
Bought by
Cunningham Laura Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 1996
Sold by
Stranahan Craig
Bought by
Stranahan Laura

Purchase Details

Closed on
Dec 29, 1995
Sold by
Federal National Mortgage Association
Bought by
Stranahan Laura Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,350
Interest Rate
7.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 1995
Sold by
Rieborn Jerry
Bought by
Federal National Mortgage Association
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
Gilbert Rebecca $625,000 Fidelity National Title Co
Blackstone Kenneth $445,000 Old Republic Title Company
Williams Timothey R $416,000 Financial Title Company
Cunningham Laura Christine -- --
Stranahan Laura -- --
Stranahan Laura Christine $121,000 Old Republic Title Company
Federal National Mortgage Association $118,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Rebecca $493,000
Previous Owner Blackstone Kenneth $402,573
Previous Owner Williams Timothey R $332,800
Previous Owner Stranahan Laura Christine $117,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $625,000 +8.7% $628 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $575,000 +29.2% $578 / Sq Ft
05/07/2015 05/07/15 Sold $445,000 +3.5% $447 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $430,000 -- $432 / 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 $8,828 $645,000 $322,500 $322,500
2024 $8,828 $660,000 $330,000 $330,000
2023 $8,185 $605,000 $302,500 $302,500
2022 $8,718 $637,500 $318,750 $318,750
2021 $6,858 $494,090 $247,045 $247,045
2020 $6,752 $489,024 $244,512 $244,512
2019 $6,614 $479,436 $239,718 $239,718
2018 $6,580 $470,036 $235,018 $235,018
2017 $6,496 $460,820 $230,410 $230,410
2016 $6,174 $451,786 $225,893 $225,893
2015 $5,348 $391,000 $195,500 $195,500
2014 -- $367,000 $183,500 $183,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Beck

    KW Bay Area Estates

    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Hancock

    Compass

    Section Image

  • L

    Seller's Agent in 2015

    Leslie Masterman

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81834847

MLSListings

APN: 692-32-016

California Santa Clara County San Jose 95123 Makati

5705 Makati Cir Unit G, San Jose, CA

This home is located at 5705 Makati Cir Unit G, San Jose, CA 95123 since 18 March 2021 and is currently estimated at $685,128, approximately $688 per square foot. This property was built in 1982. 5705 Makati Cir Unit G 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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