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Overview

3 bd1 ba1,118 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built1982
Lot9,321 sqft
Living area1,118 sqft
Price / sqft$169
Garage1 car

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About this home

L DiningPrimary Bedroom Main FloorRange Hood

2505 Velma Ter is a 1982-built home in Acreage OR Unrec, Leesburg. Inside you'll find 3 bedrooms, 1 bathrooms, and 1,118 square feet of living space. Listed at $189,000 (about $169/sqft), 139 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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

The essentials

Built
1982
Price / sqft
$169
On market
139 days
Annual tax
$2,431
Flood zone
X · Low risk
Lot
9,321 sqft
Type
Single Family Residence

At a glance

Single family
Built 1982
1 car garage
None
9,321 sqft lot
Lot size
1,118 sqft
Living area

Payment

Est. monthly payment
$1,283/mo
Down payment (20%)
$37,800
Property taxes
$203/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1982
Lot
9,321 sqft
Cooling
Central Air
Heating
Central
Parking
None
Days on Market
139
L Dining
Primary Bedroom Main Floor
Range Hood
Flood Zone X
Annual Tax (2025)
$2,431
Parcel #
21-19-24-0004-000-13612

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Acreage OR Unrec
County
Lake
MLS Area
34748 - Leesburg
Lot Size
9,321 sqft

Price history

Date
Event
Price
9/17/2026
Price change
Source: Stellar MLS #O6411487
$189,000-3.6%
$169/sqft
-
Price change
Source: Stellar MLS #O6411487
$196,000-3.9%
$175/sqft
5/28/2026
Listed for sale
Source: Stellar MLS #O6411487
$204,000
$182/sqft

Neighborhood

2505 Velma Ter
Leesburg, FL, 34748 · 34748 - Leesburg

Market insights

Offer Insights

Choose an offer strength

List price: $189,000
$187,500 – $189,000
98.6% – 100% of listTops out right at the list price
80% of listList price
195 of the last 389 home closings in 34748 landed at this number or higher (50%). The median one sat 50 days before it went under contract, and this one is on day 139 after a $15,000 cut.

Sample: 389 closed home sales in 34748 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,283/mo
Principal & interest$986
Property taxes$203
Insurance$95
Down payment20% · $37,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$189,000

$169 per sq ft

Beds and baths

3 beds, 1 baths

Size

1,118 sq ft

Time on market

139 days

Year built

1982

Monthly payment

About $1,283/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,431 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byOPENDOOR BROKERAGE LLCListing agent: Karen AlbrightListing data from Stellar MLS, MLS# O6411487.

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