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5553 Makati Circle

5553 Makati Circle, San Jose, CA 95123
Property in Makati
1 Units For Sale
Unit for sale at 5553 Makati CIR, SAN JOSE, CA 95123

$975,000 ↓ $10K

  • 4 Beds
  • 2.5 Baths
  • 1,874 ft²
5553 Makati CIR, SAN JOSE, CA 95123 Listing by Joe N. Pollifrone

5553 Makati Circle in San Jose, CA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5553 Makati Circle has 1,874 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,575 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 471 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 5553 Makati Circle sold most recently in Jan 8, 2024 for a total of $955,000. If you work out the math, that's approximately a cost of $509.61 per sqft. Before that, the property was also sold for $911,000 in Feb 10, 2023. 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 $12,223 in taxes each year. 5553 Makati Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $884,564. If we break it down further, the land itself was valued at $442,282. Improvements to the property, however, were assessed at a total of $442,282. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,575
  • Total Building Area: 1,874
  • Gross Building Area: 879
  • Building Area: 1,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRACE VILLAS CONDO
  • Land Acres: 0.036
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 6768 TERRACE VILLAS CONDO BOOK 460 PAGE 27 PAGE 30

Ownership

  • Current Owner : WILSON PHILIP
  • Previous Owner : SEXSON GARRISON MATTHEW
  • Previous Owner 2: GALLO JULIA MARIE
  • Owner Before Previous Owner: LO WAYNE JOHN
  • Owner Before Previous Owner 2: LO MARCIA WINGYAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Zoning

  • Zoning: APD

Geography

  • Assessors Map Reference: 72-C2
  • Subdivision Tract Number: 6768
  • Parcel: 692-40-007
  • Lot: 11
  • Municipality: SAN JOSE
  • Latitude: 37.2492
  • Longitude: -121.809

    Address

  • Full Address: 5553 Makati Cir
  • Address - House Number: 5553
  • Address - Street Name: Makati
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: San Jose
  • Carrier Code: C041
  • 4-Digit Zip Code: 6233
  • Zip Code: 95123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,223
  • Tax Rate Code Area: 17-063

    Appraisal Valuation

  • Standard Deviation: 0.0775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 1,056,755
  • High Value: 1,138,688
  • Low Value: 974,822

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $884,564
  • Assessed Land Value: $442,282
  • Assessed Improvements Value: $442,282

    Sales

  • Current Sale Contract Date: Jan 08, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Transaction ID: 11919166095
  • Current Sale Price: $955,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25585286
  • Previous Sale Recording Date: Mar 08, 2023
  • Previous Sale Contract Date: Feb 10, 2023
  • Previous Sale Amount: $911,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: POLICE CREDIT UNION OF CALIFOR
  • Previous Mortgage Transaction Date: Mar 08, 2023
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $726,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2053

About Edenvale



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Frequently Asked Questions

What neighborhood is 5553 Makati Circle located in?
The 5553 Makati Circle is a located in the neighborhood of Makati in Edenvale, San Jose.
How many listings are currently for sale in 5553 Makati Circle?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5553 Makati Circle?
The average sales price for units in 5553 Makati Circle is $975,000 , or $520/sqft. currently.

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