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$200,000 Sale Pending
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Property Description
Imagine 2505 Velma Ter, a residence where new flooring throughout the home and fresh interior paint present a renewed environment. The property further includes a new hvac system for year-round comfort, and double closets in the primary bedroom provide ample organized storage, alongside a pleasant patio for outdoor living. This move-in ready residence provides comfort, style, and practical living. Included 100-Day Home Warranty with buyer activation
Full Property Details
Full Property Details for 2505 Velma Terrace
General
- Price: $200,000
- Taxes: $2,431 (2025)
- Status: Pending
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6411487
- Updated: 6/25/2026
- Added to Site: 49 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: L Dining, Primary Bedroom Main Floor
- Appliances: Other, Range Hood
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: None
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: ACREAGE OR UNREC
- Driving Directions: From US 27 and US 441. Head east on Thomas Ave. Turn left onto Virginia Dr and continue onto Merridale Ave. Turn right onto Velma Ter. The destination is on the right.
- Direction Faces: North
Community
- Community Name: 34748 - Leesburg
- Community Features: None
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,118
- Sq. Ft. Source: Public Records
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,321
- Lot Size: 9321
- Street/Road Desc.: Dirt
Financial Considerations
- Tax Amount: $2,431
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM NW COR OF SW 1/4 OF NE 1/4 OF SE 1/4 RUN S 230 FT E 330 FT FOR POB E 75 FT S 125 FT W 75 FT N 125 FT TO POB ORB 724 PG 1192 ORB 3875 PG 2314
- Flood Zone Info: X
- APN: 211924000400013612
- Property ID: 211924000400013612
Listed by Opendoor Brokerage Llc
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Schools
Schools serving 2505 Velma Terrace
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 1.3 mi |
Oak Park Middle School 2101 South Street, Leesburg, FL 34748 | 6-8 | 1.3 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 1.2 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 2505 Velma Terrace
Date
Details
Price
Change
Source
6/11/2026
Price Reduced
$200,000
-1.96%
MLS
5/28/2026
Listed
$204,000
—
MLS
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
Tax History for 2505 Velma Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,431
3%
$163,501
—
2024
$2,362
13%
$163,501
2%
2023
$2,096
60%
$160,496
115%
2021
$1,314
-12%
$74,544
-21%
2022
$1,492
14%
$94,393
71%
2021
$1,314
10%
$55,103
—
2018
$1,194
9%
$55,103
9%
2017
$1,094
-1%
$50,758
—
2016
$1,110
-1%
$50,758
2%
2015
$1,123
-8%
$49,823
-10%
2019
$1,223
9%
$55,103
13%
2014
$1,122
4%
$48,973
2%
2013
$1,077
—
$47,867
—
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
Estimate the Cost for 2505 Velma Terrace
2505 Velma Terrace, Leesburg, FL 34748 (MLS# O6411487) is a Single Family property with 3 bedrooms and 1 full bathroom. 2505 Velma Terrace is currently listed for $200,000 and was received on May 28, 2026. Want to learn more about 2505 Velma Terrace? Do you have questions about finding other Single Family real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

