NOT LISTED FOR SALE

5707 Makati Cir Unit A San Jose, CA 95123

Makati Neighborhood

Estimated Value: $503,000 - $542,000

1 Bed
1 Bath
765 Sq Ft
$573/mo HOA Fee

Last Sold December 15, 2023

Last sale price $530,000 $693 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,009/month

4 Days on Market

Highlights

  • Cabana
  • Clubhouse
  • Solid Surface Bathroom Countertops
  • Primary Bedroom Suite
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2023

Discover comfort and style in this meticulously remodeled corner unit. This property is a gem, featuring a modern kitchen and bath that have been thoughtfully upgraded for your convenience. The new flooring adds a touch of elegance, while the spacious closets ensure ample storage space for your belongings. One of the highlights of this home is the private, in-unit laundry room a rare find that adds to the convenience of your daily life. Step outside to the fully fenced patio, a perfect retreat for relaxation and enjoying the California weather year-round. Convenience meets accessibility with this corner unit, located in an easily accessible area of the Terrace Villas complex. Your dedicated covered parking space is just steps away, providing hassle-free parking for you. The community offers more than just a home; it provides a lifestyle. Take a refreshing dip in the sparkling pool, gather in the attached clubhouse, or take leisurely strolls along lush green walking paths. Terrace Villas feels like a private oasis, yet it's within walking distance to a plethora of retail and dining options. Don't miss out on the opportunity to make this perfect blend of modern living and community charm your dream home today!

Last Agent to Sell the Property

Nancy Reynolds

Rainmaker Real Estate License #01952162 Listed on: 11/14/2023

Last Buyer's Agent

Catalina Collins

Intero Real Estate Services License #01387432

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,132

Year Built

  • Built in 1982

Lot Details

  • Wood Fence
  • Back Yard Fenced
  • Grass Covered Lot

HOA Fees

  • $573 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 765 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Assigned Parking
  • Unassigned Parking

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 692-32-017

Community Details

Overview

  • Association fees include common area gas, exterior painting, garbage, insurance - common area, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, recreation facility, roof, sewer, water
  • 465 Units
  • Terrace Villas Association
  • Built by Terrace Villas
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,132

Year Built

Built in 1982

Lot Details

0

HOA Fees

$573 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Rules
  • Age: 41
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 765
  • Complex Name: Terrace Villas
  • Year Built: 1982
  • Zoning Description: APD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 765
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Inside
  • Flooring: Laminate, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Solid Surface, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Cabana / Dressing Room, Community Facility
  • Yard/Grounds: Balcony / Patio, Fenced, Low Maintenance
  • Pool: Yes
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Guest / Visitor Parking, On Street, Unassigned Spaces, Uncovered Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 573
  • HOA Amenities: Club House, Community Pool
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Roof, Sewer, Water
  • H O A Name Text: Terrace Villas
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-32-017

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 6, 2023
Sold by
Wynne Walter F
Bought by
Contreras David Andrew
Seller's Agent
Nancy Reynolds
Rainmaker Real Estate
Buyer's Agent
Catalina Collins
Intero Real Estate Services
List Price
$498,000
Sold Price
$530,000
Premium/Discount to List
$32,000
6.43%
Views
22
Current Estimated Value
$514,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,445
Avg. Annual Appreciation
-1.67%
Original Mortgage
$397,500
Outstanding Balance
$392,486
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$123,045

Purchase Details

Closed on
Oct 25, 2013
Sold by
Mcguinness Bernard F
Bought by
Mcguinness Nancy D

Purchase Details

Closed on
Sep 25, 2013
Sold by
Mcguinness Nancy D and Wynne Nancy D
Bought by
Mcguinness Nancy D

Purchase Details

Closed on
Dec 2, 1999
Sold by
Koelbl Deborah
Bought by
Wynne Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
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
Contreras David Andrew $530,000 Fidelity National Title Compan
Mcguinness Nancy D -- Lsi
Mcguinness Nancy D -- Lsi
Wynne Nancy D $147,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras David Andrew $397,500
Previous Owner Wynne Nancy D $202,500
Previous Owner Wynne Nancy D $131,073
Previous Owner Wynne Nancy D $134,000
Previous Owner Wynne Nancy D $132,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $530,000 +6.4% $693 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $498,000 -- $651 / 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 $7,132 $530,000 $265,000 $265,000
2023 $3,347 $217,880 $92,320 $125,560
2022 $3,345 $213,609 $90,510 $123,099
2021 $3,293 $209,422 $88,736 $120,686
2020 $3,245 $207,276 $87,827 $119,449
2019 $3,181 $203,212 $86,105 $117,107
2018 $3,160 $199,228 $84,417 $114,811
2017 $3,119 $195,322 $82,762 $112,560
2016 $2,963 $191,493 $81,140 $110,353
2015 $2,891 $188,618 $79,922 $108,696
2014 $2,726 $184,924 $78,357 $106,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81947514

MLSListings

APN: 692-32-017