NOT LISTED FOR SALE

5715 Makati Cir Unit C San Jose, CA 95123

Makati Neighborhood

Estimated Value: $622,000 - $717,000

2 Beds
1 Bath
919 Sq Ft
$505/mo HOA Fee

Last Sold February 23, 2021

Last sale price $585,000 $637 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,627/month

8 Days on Market

Highlights

  • Community Cabanas
  • Wood Flooring
  • Ground Level Unit
  • Clubhouse
  • Sauna
  • Granite Countertops

About This Home

As of February 2021

Lovely unit in the sought after Terrace Villas complex on Makati Circle. This condo is a first floor unit with the assigned carport parking space a few paces away. It has just been painted, cleaned and staged. Ready for you to take a look and determine if this could be your next home. Close to the Village Oaks Shopping Center for the convenience of shopping, grabbing a Starbucks coffee and eating out once the SIP has been lifted. The complex is known for residents 'walking the circle' making it easy to get to know your neighbors. The mature trees provide a lovely backdrop for enjoying outdoor activities on the open grassy areas. Easy access to Hiways 85 and 101; a commuters delight.

Last Agent to Sell the Property

Julia Cocchi

Real Estate Experts ERA Powered License #01273562 Listed on: 01/04/2021

Real Estate Experts ERA Powered

Last Buyer's Agent

Erfan Modir

Intero Real Estate Services License #02046187

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,342

Year Built

  • 1982

Lot Details

  • 436

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 919 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters

Additional Features

  • Private Pool
  • Ground Level Unit

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, management fee, pool spa or tennis, reserves, roof
  • 465 Units
  • Terrace Villas Association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Cabanas

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,342

Year Built

1982

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Zoning: APD
  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Age: 39
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 919
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 919
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Shingle
  • Pool: Cabana / Dressing Room, Community Facility, Spa / Hot Tub

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Terrace Villas
  • HOA Fees: 505
  • HOA Amenities: Cabana, Club House, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub
  • HOA Documents: Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Terrace Villas

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

  • Lot Description: Ground Floor

Multi Family

  • Utilities: Individual Electric Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 22, 2021
Sold by
Wong Ken T and Ma Chun Man
Bought by
Arretche Garrett and Carpio Anais
Seller's Agent
Julia Cocchi
Real Estate Experts ERA Powered
Buyer's Agent
Erfan Modir
Intero Real Estate Services
List Price
$574,500
Sold Price
$585,000
Premium/Discount to List
$10,500
1.83%
Current Estimated Value
$648,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,923
Avg. Annual Appreciation
1.79%
Original Mortgage
$510,785
Outstanding Balance
$458,539
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$176,090

Purchase Details

Closed on
Sep 6, 2019
Sold by
Wong Ken T and Ma Chun Man
Bought by
Wong Ken T and Ma Chun Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 25, 2018
Sold by
Basanese Justin M
Bought by
Wong Ken T and Ma Chun Man
Seller's Agent
Joseph Portale
Coldwell Banker Realty
Buyer's Agent
Kenneth Nguyen
Coldwell Banker Realty
List Price
$598,000
Sold Price
$595,000
Premium/Discount to List
-$3,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$295,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2013
Closed on
Aug 15, 2013
Sold by
Wilson Eric L
Bought by
Basanese Justin M
Seller's Agent
Kerry McCarty
Zip Realty Inc
Buyer's Agent
Jon Rowland
Jon B Rowland
List Price
$319,000
Sold Price
$350,000
Premium/Discount to List
$31,000
9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$280,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Heley Richard
Bought by
Wilson Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2005
Sold by
Ko Kyoung H
Bought by
Heley Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1997
Sold by
Bruce Levin
Bought by
Ko Kyoung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
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
Arretche Garrett $585,000 Orange Coast Ttl Co Of Nocal
Wong Ken T -- Fidelity National Title Co
Wong Ken T $595,000 Orange Coast Title Co Of Nor
Basanese Justin M $350,000 Chicago Title Company
Wilson Eric L $295,000 Stewart Title Of California
Heley Richard $360,000 First American Title Company
Ko Kyoung H $138,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arretche Garrett $510,785
Previous Owner Wong Ken T $290,000
Previous Owner Wong Ken T $295,000
Previous Owner Basanese Justin M $280,000
Previous Owner Wilson Eric L $236,000
Previous Owner Heley Richard $288,000
Previous Owner Ko Kyoung H $124,200
Closed Heley Richard $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $585,000 +1.8% $637 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $574,500 -3.4% $625 / Sq Ft
07/31/2018 07/31/18 Sold $595,000 -0.5% $647 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $598,000 +70.9% $651 / Sq Ft
08/23/2013 08/23/13 Sold $350,000 +9.7% $381 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $319,000 -- $347 / 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 $8,342 $633,222 $316,611 $316,611
2024 $8,342 $620,806 $310,403 $310,403
2023 $7,998 $590,000 $295,000 $295,000
2022 $8,201 $596,700 $298,350 $298,350
2021 $8,037 $579,000 $289,500 $289,500
2020 $8,091 $587,000 $293,500 $293,500
2019 $8,177 $595,000 $297,500 $297,500
2018 $5,466 $377,076 $188,538 $188,538
2017 $5,396 $369,684 $184,842 $184,842
2016 $5,130 $362,436 $181,218 $181,218
2015 $5,008 $356,992 $178,496 $178,496
2014 $4,751 $350,000 $175,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julia Cocchi

    Real Estate Experts ERA Powered

    Section Image
  • Erfan Modir

    Buyer's Agent in 2021

    Erfan Modir

    Intero Real Estate Services

    (408) 772-1275

    2 in this area

    258 Total Sales

    Erfan Modir
    Section Image

  • J

    Seller's Agent in 2018

    Joseph Portale

    Coldwell Banker Realty

    Section Image

  • K

    Buyer's Agent in 2018

    Kenneth Nguyen

    Coldwell Banker Realty

  • K

    Seller's Agent in 2013

    Kerry McCarty

    Zip Realty Inc

    Section Image

  • J

    Buyer's Agent in 2013

    Jon Rowland

    Jon B Rowland

See All Agents

Map

Source: MLSListings

MLS Number: ML81824542

MLSListings

APN: 692-33-004

California Santa Clara County San Jose 95123 Makati

5715 Makati Cir Unit C, San Jose, CA

This home is located at 5715 Makati Cir Unit C, San Jose, CA 95123 since 04 January 2021 and is currently estimated at $648,923, approximately $706 per square foot. This property was built in 1982. 5715 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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