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5414 Makati Circle

5414 Makati Circle, San Jose, CA 95123
Property in Makati
Sold Mar 04, 2019
$666,000
$611,000 by Quicken Loans Llc
Mortgage Due Aug 01, 2051
Sold Aug 25, 2014
$430,000
$344,000 by Opes Advisors Inc
Mortgage Due Sep 01, 2044
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Local assessors in San Jose, CA have categorized 5414 Makati Circle as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 1,257 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5414 Makati Circle has a total of 1,233 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 234 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5414 Makati Circle sold most recently in Feb 25, 2019 for a total of $666,000. If you work out the math, that's approximately a cost of $540.15 per sqft. Before that, the property was also sold for $430,000 in Aug 20, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,420 in taxes each year. 5414 Makati Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $695,000. If we break it down further, the land itself was valued at $347,500. Improvements to the property, however, were assessed at a total of $347,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Assigned Parking Carport Guest Parking Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 234
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,257
  • Total Building Area: 1,233
  • Gross Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,233
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TERRACE VILLAS CONDO
  • Land Acres: 0.029
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 6768 TERRACE VILLAS CONDO BOOK 460 PAGE 27 PAGE 30

Ownership

  • Current Owner : NEILL BRENDAN O
  • Current Owner 2: PEREZ RACHELLE ANNE
  • Previous Owner : HENKE JACOB WILLIAM
  • Previous Owner 2: HENKE YIJIA
  • Owner Before Previous Owner: GILLESPIE HEATHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512029

Zoning

  • Zoning: A-PD

Geography

  • Assessors Map Reference: 72-C2
  • Subdivision Tract Number: 6768
  • Parcel: 692-36-010
  • Lot: 18
  • Municipality: SAN JOSE
  • Latitude: 37.2504
  • Longitude: -121.808

    Address

  • Full Address: 5414 Makati Cir
  • Address - House Number: 5414
  • Address - Street Name: Makati
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: San Jose
  • Carrier Code: C041
  • 4-Digit Zip Code: 6251
  • Zip Code: 95123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,420
  • Tax Rate Code Area: 17-063

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 777,790
  • High Value: 927,458
  • Low Value: 628,123

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $611,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $611,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $695,000
  • Assessed Land Value: $347,500
  • Assessed Improvements Value: $347,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Transaction ID: 11575942576
  • Current Sale Price: $666,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24127374
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Contract Date: Aug 20, 2014
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 04, 2019
  • First Mortgage Loan Amount: $632,510
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: OPES ADVISORS INC
  • Previous Mortgage Transaction Date: Aug 25, 2014
  • Previous Mortgage Loan Amount: $344,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

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Nearby Rentals

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$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,599 /mo

  • 2 Beds
  • 2 Baths
  • 1,028 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5414 Makati Circle located in?
The 5414 Makati Circle is a other located in the neighborhood of Makati in Edenvale, San Jose.
What is the average sales price for listings in 5414 Makati Circle?
The average sales price for units in 5414 Makati Circle is $0 currently.

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