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$399,999 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 989 Sq. Ft.
  • Updated 15 hours ago
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Contractor Special! Incredible Opportunity to Build Instant Equity in Desirable South San Jose! Unlock the potential of this ground-floor condo in the sought-after Terrace Villas community. This 2-bedroom, 2-bath home offers 989 square feet with soaring cathedral ceilings, a wood-burning fireplace, interior laundry, and a functional floor plan ready for your vision. A true fixer-upper, this probate sale presents an outstanding opportunity for investors, contractors, flippers, or buyers looking to renovate and build instant equity. Updated units in the community have recently sold for approximately $575,000. Nestled among mature trees and lush landscaping, Terrace Villas offers a community pool, spa, clubhouse, and beautifully maintained grounds. Conveniently located near Village Oaks Shopping Center, restaurants, parks, Kaiser Permanente, and Highways 85 and 101. Schools include Alex Anderson Elementary, Bernal Intermediate, and Oak Grove High School (buyer to verify). HOA dues are $674 per month. Don't miss this chance to transform a diamond in the rough into something truly special!

Full Property Details for 5487 Makati Cir

General

  • Price: $399,999
  • HOA FEE: $674/month
  • Status: Pending
  • Type: Condo
  • Source: RE_Infolink
  • MLS ID: ML82055674
  • Updated: 8/6/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: Vaulted Ceiling
  • Fireplace(s): Living Room, Wood-Burning
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Full on Ground Floor, Primary - Stall Shower(s), Shower and Tub

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Ground-Floor Bedroom

Other Rooms

  • Family Room: No Family Room
  • Kitchen: Electric Cooktop, Tile Countertop, Dishwasher, Garbage Disposal, Hood over Range, Electric Oven/Range, Refrigerator
  • Laundry: Inside

Additional Information

  • Extras: Court Confirmation May Be Required

Parking

  • Parking Features: Assigned Spaces, Carport , Parking Area

Location

  • Area: Blossom Valley
  • County: Santa Clara
  • Complex: Terraces Villas HOA
  • Cross Streets: Rochester Ave.

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Common Area Maintenance, Pool, Spa, or Tennis, Reserves, Roof

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central Air (Gas/Forced Air)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters

Structural Information

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Square Feet: 989
  • Year Built: 1984

Lot Features

  • Property View: Greenbelt
  • Zoning: SJ

Financial Considerations

  • Association Fee: $674
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Restrictions: Parking Restrictions

Listed by Compass, John Jenkins

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Listing agent

— 5487 Makati Cir —

  • John Jenkins

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5487 Makati Cir

School Districts:Oak Grove Elementary School District, East Side Union High School District
NameGradesDistance
Anderson (Alex) Elementary School
5800 Calpine Drive, San Jose, CA 95123
K-60.3 mi
Bernal Intermediate School
6610 San Ignacio Avenue, San Jose, CA 95119
7-82 mi
Oak Grove High School
285 Blossom Hill Road, San Jose, CA 95123
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5487 Makati Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/28/2026
Listed
$399,999
29.03%
MLS
5/13/2003
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5487 Makati Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,180
—
$457,938
2%
2025
$6,180
3%
$448,960
2%
2024
$6,020
2%
$440,158
2%
2023
$5,930
—
$431,528
2%
2022
$5,912
1%
$423,067
2%
2021
$5,839
2%
$414,773
1%
2020
$5,750
2%
$410,521
2%
2019
$5,633
1%
$402,473
2%
2018
$5,602
1%
$394,582
2%
2017
$5,529
5%
$386,846
2%
2016
$5,255
2%
$379,262
2%
2015
$5,129
5%
$373,566
2%
2014
$4,865
35%
$366,250
39%
2013
$3,601
—
$263,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5487 Makati Cir

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass, John Jenkins

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5487 Makati Cir, San Jose, CA 95123 (MLS# ML82055674) is a Condo property with 2 bedrooms and 2 full bathrooms. 5487 Makati Cir is currently listed for $399,999 and was received on July 28, 2026. Want to learn more about 5487 Makati Cir? Do you have questions about finding other Condo real estate for sale in Blossom Valley? You can browse all Blossom Valley real estate or contact a Coldwell Banker agent to request more information.

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