5696 Makati Circle G, San Jose, California 95123, San Jose, 95123 - 2 bed, 2 bath
ACTIVE$624,880
5696 Makati Circle G, San Jose, California 95123
2Beds
2Baths
989Sqft
924Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Significant Buyer Incentives: The seller is highly motivated, offering $10,000 towards closing costs or loan interest rate buy-down, plus 6 months of HOA dues, which significantly reduces upfront buyer expenses.
Top Cons:
High Monthly HOA Fees: The $685 monthly association fee is substantial and could be a significant factor impacting affordability and long-term ownership costs for potential buyers.
Compared to the nearby listings
Price:$624.9K vs avg $625.0K ($-120)49%
Size:989 sqft vs avg 989 sqft50%
Price/sqft:$632 vs avg $64242%
More Insights
Built in 1985 (40 years old).
Condition: This property is in good condition, largely due to the kitchen and bathrooms being updated 8 years ago, which aligns with the 'extensively renovated within 5 to 15 years' criteria. The images show a clean, well-maintained interior with fresh paint, good quality carpeting, and modern fixtures in the updated areas. While the white kitchen appliances are not the most current trend (stainless steel), they appear functional and well-kept. The overall property, built in 1985, shows minimal wear and tear, is move-in ready, and does not require immediate renovations.
Year Built
1985
Close
-
List price
$625K
Original List price
$670K
Price/Sqft
$632
HOA
$685
Days on market
-
Sold On
-
MLS number
ML82014154
Home ConditionGood
Features
Good View: Park/Greenbelt
Deck
Pool
ViewPark/Greenbelt
About this home
Seller very motivated house is beautifully staged ,willing to pay $10,000, towards closing costs or buy down of loan interest rate plus 6 months of HOA Dues Primer location upstairs end unit overlooking the pool. Spacious bright/open feeling, vaulted ceiling in living room with natural light streaming into unit. Looking out your windows and deck view mature landscaping, updated 2 bedrooms, 2 bath, Kitchen and bathroom 8 years new, inside laundry with washer/dryer included, wood burning fireplace in living room, master bedroom is large with two closets. Terrace Villas is like its own little village with beautiful landscaping to enjoy on your daily walks, conveniently located near "The Village Oaks Shopping", easy access to Hwy 85,101 and hospital. Perfect home for your first time buyer, or young family or empty nester...
Nearby schools
4/10
Anderson (Alex) Elementary School
Public,•K-6•0.3mi
6/10
Bernal Intermediate School
Public,•7-8•1.7mi
5/10
Oak Grove High School
Public,•9-12•0.7mi
Condition Rating
Good
This property is in good condition, largely due to the kitchen and bathrooms being updated 8 years ago, which aligns with the 'extensively renovated within 5 to 15 years' criteria. The images show a clean, well-maintained interior with fresh paint, good quality carpeting, and modern fixtures in the updated areas. While the white kitchen appliances are not the most current trend (stainless steel), they appear functional and well-kept. The overall property, built in 1985, shows minimal wear and tear, is move-in ready, and does not require immediate renovations.
Pros & Cons
Pros
Significant Buyer Incentives: The seller is highly motivated, offering $10,000 towards closing costs or loan interest rate buy-down, plus 6 months of HOA dues, which significantly reduces upfront buyer expenses.
Desirable Unit Location & Views: As an upstairs end unit, it offers enhanced privacy and overlooks the pool with views of mature landscaping, contributing to a pleasant living environment.
Recent Interior Updates: The kitchen and bathrooms were updated 8 years ago, providing modern finishes and reducing immediate renovation needs for the buyer.
Excellent Accessibility & Local Amenities: Conveniently located near 'The Village Oaks Shopping' and major highways (85, 101), ensuring easy access to retail, services, and transportation.
Bright & Open Living Space: The unit features vaulted ceilings in the living room and abundant natural light, creating a spacious and inviting atmosphere.
Cons
High Monthly HOA Fees: The $685 monthly association fee is substantial and could be a significant factor impacting affordability and long-term ownership costs for potential buyers.
History of Price Reductions: Multiple price drops from the original listing suggest the property may have been initially overpriced or is experiencing challenges in attracting offers at its current valuation.
Compact Living Area: At 989 sqft, the unit offers a relatively compact living space, which might be a limitation for buyers seeking more expansive accommodations or for growing families.