5701 Makati Circle E, San Jose, California 95123, San Jose, 95123 - 1 bed, 1 bath
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5701 Makati Circle E
San Jose, California 95123
ACTIVE
CONDITION: FAIR
1Beds
1Baths
552Sq Ft
0Lot Size
Property Price
LIST PRICE$429,000
EST. MARKET VALUE
$406,164
5% AboveMARKET VALUE
SUMMARY
This condo presents a Strong Value Opportunity, listed at $429,000—positioned well above the $406,165 Fair Market Value by 5%. While the price reflects the current market, the property offers a Fair Condition Rating with potential for cosmetic modernization. Residents benefit from community pool and spa access and a strategic location near major Silicon Valley transit corridors. Given the compact 552 sqft footprint and high HOA fees, this asset is best suited for Buy-and-Hold Investors or first-time buyers seeking an entry-level foothold in San Jose.
Estimated Market Value
$406,164
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5701 Makati Circle E Subject 1 bd · 1 ba · 552 sqft · $736 | $429,000* List Price | 1 | 1 | 552 | $736 | - |
A 5534 Makati Circle Sold 1 bd · 1 ba · 552 sqft · $761 · 0.1 mi | $420,000 | 1 | 1 | 552 | $761 | 0.1 mi |
B 5701 Makati Cir D Sold 1 bd · 1 ba · 690 sqft · $667 · 0.0 mi | $460,000 | 1 | 1 | 690 | $667 | 0.0 mi |
C 5430 Makati Circle Sold 1 bd · 1 ba · 690 sqft · $674 · 0.2 mi | $465,000 | 1 | 1 | 690 | $674 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is well-maintained but dated. While it features some cosmetic updates like stone countertops and laminate flooring, the kitchen retains an older electric coil stove and the bathroom features a dated oak-style vanity. The overall condition suggests a renovation age in the 15-30 year range, fitting the 'Fair' criteria for needing minor modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Silicon Valley Location
The property boasts exceptional accessibility to Highways 85, 87, and 101, and is minutes away from major retail hubs like Village Oaks Shopping Center and Oakridge Mall.
- Comprehensive Community Amenities
Located in Terrace Villages, residents enjoy access to premium shared facilities including a sparkling pool, relaxing spa, and beautifully landscaped walking paths.
- Entry-Level Market Opportunity
With a list price of $429,000, this condo offers a rare and affordable entry point for first-time buyers or investors looking to own in the competitive San Jose market.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $618 is relatively high for a one-bedroom unit of this size, which may impact the overall monthly affordability for budget-conscious buyers.
- Limited Square Footage
At only 552 square feet, the compact living space may be restrictive for those requiring a home office or significant storage, potentially limiting the pool of interested buyers.
About 5701 Makati Circle E
Charming Upstairs Condo in the Heart of Silicon Valley! Welcome to Terrace Villages, a beautifully landscaped community offering comfort, convenience, and an unbeatable San Jose location. This inviting 1-bedroom, 1-bathroom upstairs condo offers a bright and comfortable living space, with the added privacy of an upper-level setting. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, this home offers an excellent opportunity to enjoy Silicon Valley living. Residents of Terrace Villages enjoy access to wonderful community amenities, including a sparkling pool, relaxing spa, scenic walking paths, and beautifully maintained grounds. Conveniently located near Village Oaks Shopping Center, Costco, Kaiser Permanente, Oakridge Mall, and Almaden Lake Park, with easy access to Highways 85, 87, and 101, shopping, dining, recreation, and commuting are all within easy reach. Enjoy the benefits of low-maintenance condo living in an established community, all at an attractive price point in the heart of Silicon Valley. Don't miss this opportunity to make Terrace Villages your new home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $618.0 / Month
Neighborhood Insights
San Jose Unified Schools
Anderson (Alex) Elementary School
Grades K-6 • 0.3 mi
4/10
Bernal Intermediate School
Grades 7-8 • 1.7 mi
6/10
Oak Grove High School
Grades 9-12 • 0.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 552 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $429.0K | $635.7K |
| Price per sq ft | $777 | $614 |
| Built year | 1984 | 1988 |
| HOA | $618.0 | $602 |
| Days on market | 11 | 58 |
Pricing History
Listed for Sale
Oct 13, 2026
$429,000
Initial Listing
Sold
Jul 30, 2009
$175,000
Public Record
Sold
Jul 29, 2005
$285,000
Public Record
Sold
Feb 17, 1999
$110,000
Public Record