Back 5487 Makati Circle
Off Market

5487 Makati Circle

San Jose CA 95123

2
2
989 sq. ft.
Condo
Last sold for $472,500
John JenkinsJohn Jenkins, last sold this property on 14 August 2026 after 17 days on market.

Overview

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!

Features

2 bedrooms
2 bathrooms
989 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in San Jose over the last 12 months, the estimated median property value of 5487 Makati Circle is $575k.

Median value
$575k
Estimated value range
$410k - $865k
Median days on market
29
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in San Jose. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5487 Makati Circle

2026
Sold
$472,500
14 Aug 2026 by John Jenkins
2000
Sold
$300,000
14 Apr 2000 by Becky Guillett, of Realty World Home Advantage

Happy sellers in San Jose

90%
90% of sellers in San Jose reported that their sale price either exceeded or met their price expectations.

San Jose stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in San Jose over the last 12 months.

Local market activity for 2 bedroom condos in San Jose

In the last 12 months, 102 two-bedroom condos similar to 5487 Makati Circle, have been sold.

This represents a 17% increase in two-bedroom condos sales when compared to the previous 12 months.

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