NOT LISTED FOR SALE

2515 Velma Terrace Leesburg, FL 34748

Estimated Value: $171,000 - $219,000

3 Beds
1.5 Baths
964 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $136,500 $142 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,184/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Shed
  • Ceiling Fan

About This Home

As of November 2020

Beautiful home located on a .25-acre corner lot! This 3 bed / 1 bath home is the perfect starter home for a growing family or for those that are looking to relax and take in the peace and quiet. The house was updated in 2016 which included a new electrical panel, new roof, new A/C, and plumbing. In 2017, the drain field was replaced and optimized, which is just one of the added bonuses that come with this immaculate home. This home offers hardwood flooring throughout with carpet in the bedrooms! Having the fully fenced yard, you can feel comfortable knowing that your kiddos and pets are safe and sound. The large 600 sq ft detached, 2 bay garage is perfect for the hobbyist, which also includes a full bath as well! It is centrally located just minutes from restaurants, shopping, hospitals, and so much more. This home will not last so schedule your showing today!

Last Agent to Sell the Property

Brandt King

COLDWELL REALTY SOLD GUARANTEE License #3348732 Listed on: 09/25/2020

COLDWELL REALTY SOLD GUARANTEE

Last Buyer's Agent

Lindsay Sanders

MORRIS REALTY AND INVESTMENTS License #3471319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Southeast Facing Home
  • Chain Link Fence
  • Property is zoned R-6

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Leesburg Elementary School
  • Oak Park Middle School
  • Leesburg High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 964
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 988
  • Lot Size Sq Ft: 11250
  • Directions to Property: From Pine Avenue / Highway 441, Turn Right onto S Dixie Highway, Turn Left onto Thomas Avenue, Turn Right onto Colonial Street, Turn Left onto Merridale Avenue, Take First Left onto Velma Terrace, Home is on the Right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609241?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609241?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.05
  • Price per Sq Ft: 141.6
  • Close to Original List Price Ratio: 1.05
  • Ratio: Current Price\Building Area Total: 138.16
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2515
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Shed(s), Storage
  • Exterior Features: Fenced, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Leesburg Elementary
  • High School: Leesburg High
  • Middle Or Junior School: Oak Park Middle

Lot Info

  • Zoning: R-6
  • Parcel Number: 21-19-24-0004-000-13700
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Dimensions: 75x150
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1078.69
  • Tax Block: 000
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 23, 2020
Sold by
James Brittany L and Claffy Cameron
Bought by
Kenney Eden Lysette and Kenney Kevin Patrick
Seller's Agent
Brandt King
COLDWELL REALTY SOLD GUARANTEE
Buyer's Agent
Lindsay Sanders
MORRIS REALTY AND INVESTMENTS
List Price
$130,000
Sold Price
$136,500
Premium/Discount to List
$6,500
5%
Current Estimated Value
$193,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,234
Avg. Annual Appreciation
7.75%
Original Mortgage
$136,666
Outstanding Balance
$123,267
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$71,345

Purchase Details

Closed on
Jan 25, 2017
Sold by
Huffer Nolan D and Huffer Mary L
Bought by
James Brittany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,700
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2001
Sold by
Peters Linda D and Crockcroft Bobby
Bought by
Merritt Lois E

Purchase Details

Closed on
Feb 1, 2000
Sold by
Merritt Lois E
Bought by
Huffer Nolan D and Huffer Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.02%

Purchase Details

Closed on
Aug 27, 1997
Sold by
Sewell Jacqueline N and Russell Jacqueline
Bought by
Hevener Robert and Dickson Wanda
Source: Public Records

Range of Values:

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Average Value
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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
Kenney Eden Lysette $136,500 Marion Lake Sumter Title Llc
James Brittany L $101,600 Attorney
Merritt Lois E $2,500 --
Huffer Nolan D $30,000 --
Hevener Robert $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Eden Lysette $136,666
Previous Owner James Brittany L $99,700
Previous Owner Huffer Nolan D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $136,500 +5.0% $142 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $130,000 -- $135 / Sq Ft
Source: Stellar MLS

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
2025 $1,532 $116,770 -- --
2024 $1,532 $116,770 -- --
2023 $1,532 $110,070 $0 $0
2022 $1,339 $106,870 $0 $0
2021 $1,293 $103,765 $0 $0
2020 $1,070 $84,078 $0 $0
2019 $1,079 $84,078 $0 $0
2018 $1,043 $84,078 $0 $0
2017 $436 $31,422 $0 $0
2016 $430 $30,776 $0 $0
2015 $430 $30,563 $0 $0
2014 $433 $30,321 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandt King

    Seller's Agent in 2020

    Brandt King

    COLDWELL REALTY SOLD GUARANTEE

    (352) 207-4699

    1 in this area

    187 Total Sales

    Brandt King
    Section Image
  • Lindsay Sanders

    Buyer's Agent in 2020

    Lindsay Sanders

    MORRIS REALTY AND INVESTMENTS

    (352) 661-0232

    20 in this area

    116 Total Sales

    Lindsay Sanders
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM609241

Stellar MLS

APN: 21-19-24-0004-000-13700

Florida Lake County Leesburg 34748

2515 Velma Terrace, Leesburg, FL

This home is located at 2515 Velma Terrace, Leesburg, FL 34748 since 25 September 2020 and is currently estimated at $193,734, approximately $200 per square foot. This property was built in 1960. 2515 Velma Terrace is a home located in Lake County with nearby schools including Leesburg Elementary School, Oak Park Middle School, and Leesburg 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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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