NOT LISTED FOR SALE

10488 SW 62nd Terrace Rd Ocala, FL 34476

Estimated Value: $198,000 - $214,000

2 Beds
2 Baths
1,275 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $227,500 $178 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,422/month

19 Days on Market

Highlights

  • Active Adult
  • Tile Flooring
  • Combination Dining and Living Room
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2024

WELCOME HOME! Nestled in the highly sought-after Cherrywood active adult community, this meticulously maintained Meadowlark model is the perfect blend of comfort and elegance. Boasting 2 bedrooms and 2 bathrooms, this home offers functionality and style. Recent updates include a new roof in 2018 as well as a 2016 HVAC providing peace of mind for years to come. The thoughtful layout features an expansive living room and dining room combo, creating an inviting space for both relaxation and entertaining. The kitchen is a culinary delight with custom wood cabinets, stainless steel appliances, granite countertops, and a charming breakfast nook. The oversized laundry room adds practicality and comfort to daily living activities. The master suite is a sanctuary with a spacious walk-in closet and a well-appointed bathroom. Additional features include a tankless water heater installed in 2018 and a water filtration system throughout the home. Immerse yourself in the vibrant community of Cherrywood while enjoying the convenience and luxury of this upgraded residence. Seize the opportunity to make this house your home and schedule a private showing today!

Last Agent to Sell the Property

Kyle Lambert

GOLD STREET REALTY Brokerage Phone: 352-895-8114 License #3445745 Listed on: 11/29/2023

Last Buyer's Agent

Kim Brette

FLORIDA'S CHOICE REALTY License #3500111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Property is zoned R1

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,275 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Convection Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Active Adult
  • Cherrywood Property Management Llc Association
  • Cherrywood Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 1994

Lot Details

0

HOA Fees

$171 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1275
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1923
  • Lot Size Sq Ft: 10019
  • Directions to Property: Turn right onto SW 102nd Street Rd, turn left onto SW 100th Loop, turn left onto SW 62nd Terrace Rd, home is on your right
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 573521899
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 178.43
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-895-8114
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Convection Oven
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 10488
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 118.45
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-04-19
  • Flood Zone Panel: 12083C0703E

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 171
  • Association Fee Frequency: Monthly
  • Association Name: Cherrywood Property Management LLC
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2052.00
  • Total Monthly Fees: 171.00
  • Monthly HOA Amount: 171.00

Lot Info

  • Zoning: R1
  • Parcel Number: 35680-005-15
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 931

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1878
  • Tax Block: E
  • Tax Book Number: 003-044CHERRYW
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 4, 2024
Sold by
Rebecca Lynn Hallett Revocable Trust
Bought by
Arguello Rafael and Arguello Maria Mendoza
Seller's Agent
Kyle Lambert
GOLD STREET REALTY
Buyer's Agent
Kim Brette
FLORIDA'S CHOICE REALTY
List Price
$235,500
Sold Price
$227,500
Premium/Discount to List
-$8,000
-3.4%
Views
46
Current Estimated Value
$206,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,022
Avg. Annual Appreciation
-5.51%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 23, 2021
Sold by
Crowley Dale V and Crowley April Dean
Bought by
Hallett Rebecca Lynn and Rebecca Lynn Hallett Revocable
Seller's Agent
Julia Mcpherson
RE/MAX FOXFIRE - HWY200/103 S
Buyer's Agent
Riley Mills, Jr.
REALTY EXECUTIVES IN THE VILLAGES
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Listed on
Aug 2, 2016
Closed on
Oct 31, 2016
Sold by
Secretary Of Hud
Bought by
Dean Crowley April and Crowley Dale V
Seller's Agent
Virginia Wright
HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC
Buyer's Agent
Virginia Wright
HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC
List Price
$62,000
Sold Price
$64,900
Premium/Discount to List
$2,900
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$58,410
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Regions Bank
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jun 13, 2013
Sold by
Dear Cecil C and Stephens Debra A
Bought by
Regions Bank

Purchase Details

Closed on
Aug 23, 2010
Sold by
Derosa Ron and Derosa Richard D
Bought by
Dear Cecil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,202
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2004
Sold by
Gennari Mary A and Reghetti Janet
Bought by
Keen Charlotte M
Source: Public Records

Range of Values:

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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
Arguello Rafael $227,500 Ideal Title
Arguello Rafael $227,500 Ideal Title
Hallett Rebecca Lynn $200,000 Sunbelt Title Services
Dean Crowley April $64,900 1St Quality Title Llc
Secretary Of Housing And Urban Developme -- None Available
Regions Bank -- None Available
Dear Cecil C $60,000 Ocala Land Title Insurance A
Keen Charlotte M $106,900 Title Offices Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Crowley April $58,410
Previous Owner Dear Cecil C $59,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $227,500 -3.4% $178 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $235,500 +17.8% $185 / Sq Ft
11/23/2021 11/23/21 Sold $200,000 0.0% $157 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $200,000 +208.2% $157 / Sq Ft
05/11/2020 05/11/20 Off Market $64,900 -- --
10/31/2016 10/31/16 Sold $64,900 +4.7% $58 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $62,000 -- $56 / 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
2024 $1,929 $143,971 -- --
2023 $1,878 $139,778 $0 $0
2022 $1,823 $135,707 $26,500 $109,207
2021 $834 $67,644 $0 $0
2020 $833 $66,710 $0 $0
2019 $829 $65,210 $0 $0
2018 $801 $63,994 $0 $0
2017 $795 $62,678 $8,000 $54,678
2016 $1,268 $60,687 $0 $0
2015 $1,134 $51,955 $0 $0
2014 $1,103 $52,815 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Lambert

    Seller's Agent in 2024

    Kyle Lambert

    GOLD STREET REALTY

    (352) 895-0158

    12 in this area

    103 Total Sales

    Kyle Lambert
    Section Image

  • K

    Buyer's Agent in 2024

    Kim Brette

    FLORIDA'S CHOICE REALTY

    (352) 857-9748

    1 in this area

    11 Total Sales

    Kim Brette
    Section Image

  • J

    Seller's Agent in 2021

    Julia Mcpherson

    RE/MAX FOXFIRE - HWY200/103 S

    (352) 895-0722

    100 in this area

    107 Total Sales

    Julia Mcpherson
    Section Image
  • Riley Mills, Jr.

    Buyer's Agent in 2021

    Riley Mills, Jr.

    Realty Executives

    (352) 208-8138

    1 in this area

    41 Total Sales

    Riley Mills, Jr.
    Section Image
  • Virginia Wright

    Seller's Agent in 2016

    Virginia Wright

    HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC

    (352) 207-7412

    1 in this area

    41 Total Sales

    Virginia Wright
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM668708

Stellar MLS

APN: 35680-005-15

Florida Marion County Ocala 34476

10488 SW 62nd Terrace Rd, Ocala, FL

This home is located at 10488 SW 62nd Terrace Rd, Ocala, FL 34476 since 29 November 2023 and is currently estimated at $206,478, approximately $161 per square foot. This property was built in 1994. 10488 SW 62nd Terrace Rd is a home located in Marion County with nearby schools including Hammett Bowen Jr. Elementary School, Liberty Middle School, and West Port 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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