5487 Makati Circle, San Jose, CA 95123
Condo
Sold August 2026
Listing Agent: John Jenkins (DRE #01291177) · Listing Office: Compass · Contact: (408) 358-1111 · Bought with: Bob Nasr · Compass · MLS #ML82055674 · Source: CRMLS
How this sale compares
5487 Makati Circle sold for $472,500 in August 2026, 18% over its $399,999 list price, after 9 days on the market. That works out to $478 per square foot on 989 square feet. Across 158 closed sales in 95123 over the last 12 months, the median sold price is $1,205,000 and the median is $757 per square foot, 58% above this sale's $478.
| Quarter | Closed sales in 95123 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $915,000 |
| Q2 2026 | 97 | $1,305,000 |
| Q3 2026 | 52 | $1,127,500 |
| Q4 2026 | 1 | $788,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Jose · Homes for sale in 95123
Description
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!
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 5487 Makati Circle
5308 Makati Circle: Sold $565,000 · 2 bd · 2 ba · 989 sqft · Jul 2026 · 0.1 mi
Keller Williams Realty-Silicon Valley | DRE #01467537
Buyer's agent: Cheri Romero, KW Silicon City | DRE #020203825232 Makati Circle: Sold $640,000 · 2 bd · 2 ba · 1,233 sqft · Aug 2026 · 0.1 mi
5534 Makati Circle: Sold $420,000 · 1 bd · 1 ba · 552 sqft · Jul 2026 · 0.1 mi
Compass | DRE #02077019
Buyer's agent: Frieda Manning, Fireside Realty | DRE #011943135192 Makati: Sold $614,250 · 2 bd · 2 ba · 1,233 sqft · Aug 2026 · 0.1 mi
Redfin | DRE #01994056
Buyer's agent: Gabriel Witkin | DRE #014294325696 Makati Circle H: Sold $609,000 · 2 bd · 2 ba · 989 sqft · Aug 2026 · 0.2 mi
KW Bay Area Estates | DRE #01382971
Buyer's agent: Joshua Coria, Valley View Properties | DRE #020760625701 Makati Cir D: Sold $460,000 · 1 bd · 1 ba · 690 sqft · Aug 2026 · 0.2 mi
Compass | DRE #01497990
Buyer's agent: Diane Kneis, Compass | DRE #014197205689 Makati Circle H: Sold $450,000 · 1 bd · 1 ba · 690 sqft · Sep 2026 · 0.3 mi
195 Blossom HIll Road 290: Sold $145,000 · 2 bd · 1 ba · 756 sqft · Aug 2026 · 0.3 mi
Compass | DRE #00953975
Buyer's agent: Keith Kanady, Compass | DRE #00953975
Closed sales reported in 95123, nearest first, last 12 months. All recent sales in San Jose →