NOT LISTED FOR SALE

15779 SE 61st Terrace Rd Summerfield, FL 34491

Estimated Value: $2,074,000 - $4,935,000

8 Beds
6 Baths
7,456 Sq Ft
$513/Sq Ft Est. Value

About This Home

This home is located at 15779 SE 61st Terrace Rd, Summerfield, FL 34491 and is currently estimated at $3,824,895, approximately $512 per square foot. 15779 SE 61st Terrace Rd is a home located in Marion County with nearby schools including Harbour View Elementary School, Belleview Middle School, and Belleview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Hullett John R and Hullett Wanda R
Bought by
Payne Michael G and Payne Michelle M
Current Estimated Value
$3,849,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,484,991
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$3,122,828

Purchase Details

Closed on
Aug 17, 2020
Sold by
Rainey Investments Llc
Bought by
Hullett John R and Hullett Wanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,946,700
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2020
Sold by
Rainey Investment Company Llc
Bought by
Hullett John R and Hullett Wanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,946,700
Interest Rate
3.2%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Payne Michael G $4,750,000 None Listed On Document
Hullett John R $2,425,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Michael G $1,500,000
Previous Owner Hullett John R $1,946,700
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $23,305 $1,502,946 $0 $0
2022 $23,305 $1,463,905 $0 $0
2021 $23,478 $1,426,372 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Map

Florida Marion County Summerfield 34491

15779 SE 61st Terrace Rd, Summerfield, FL

This home is located at 15779 SE 61st Terrace Rd, Summerfield, FL 34491 and is currently estimated at $3,824,895, approximately $512 per square foot. 15779 SE 61st Terrace Rd is a home located in Marion County with nearby schools including Harbour View Elementary School, Belleview Middle School, and Belleview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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