NOT LISTED FOR SALE

10568 SW 62nd Terrace Rd Ocala, FL 34476

Estimated Value: $195,425 - $220,000

2 Beds
2 Baths
1,150 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $205,000 $178 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,506/month

4 Days on Market

Highlights

  • Senior Community
  • High Ceiling
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Crown Molding

About This Home

As of May 2023

Beautifully updated 2 BD 2 BA home in this peaceful 55+ community of Cherrywood Estates. Conveniently located to the new Publix, and close to some of Ocala's finest shopping and restaurants. The roof and A/C unit is 5 years old. Nice wood flooring throughout makes it for easy cleanup. A wonderful, screened lanai for those nice Florida evenings. The community has plenty of fun things to do like, Bocce Ball, Basketball, Tennis and after all that workout, a dip in the Pool and/or Hot Tub is available. The community club house has events such as dinners, movies, crafts, dancing, exercise classes and much more. Hurry!! Come see this home that is priced to sell.

Last Agent to Sell the Property

Maria Benitez

CB/ELLISON RLTY WEST License #3524481 Listed on: 04/17/2023

Last Buyer's Agent

Suzanne Alcorn

RE/MAX FOXFIRE - HWY 40 License #0654459

RE/MAX FOXFIRE - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x150
  • North Facing Home
  • Irrigation
  • Property is zoned R1

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Senior Community
  • Jennifer Association, Phone Number (352) 237-1975
  • Cherrywood Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,305

Year Built

Built in 1995

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1150
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 1920
  • Lot Size Sq Ft: 12632
  • Directions to Property: From I-75 travel west on State Road 200, Take Left onto SW 60th Ave. Stay on SW 60th Ave and go thru the traffic light by Publix. Continue onto SW 62nd Ave Rd Turn Right onto SW 102nd St RD, Turn Left onto SW 100th Loop, Turn Left onto SW 62nd Terrace Road. Destination will be on the 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: 1044878
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 178.26
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10568
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 106.84
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Jennifer
  • Phone: 352-237-1975
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see HOA guidelines for Pet Restrictions
  • Association Fee Requirement: Required
  • Association Email: CWPM09@Centurylink.net

Fee Information

  • Total Annual Fees: 3600.00
  • Total Monthly Fees: 300.00
  • Monthly HOA Amount: 300.00

Lot Info

  • Zoning: R1
  • Parcel Number: 35680-005-09
  • Additional Parcels: No
  • Lot Dimensions: 85x150
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1174

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA guidelines for Lease Restrictions

Tax Info

  • Tax Annual Amount: 1304.64
  • Tax Block: E
  • Tax Book Number: 003-044
  • Tax Lot: 9

Multi Family

  • Approval Process: Please see HOA guidelines for Lease Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 31, 2023
Sold by
Mcdermott Candace M
Bought by
Joyce Stephen J and Joyce Christine M
Seller's Agent
Maria Benitez
CB/ELLISON RLTY WEST
Buyer's Agent
Suzanne Alcorn
RE/MAX FOXFIRE - HWY 40
List Price
$205,000
Sold Price
$205,000
Views
145
Current Estimated Value
$200,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,279
Avg. Annual Appreciation
-1.22%
Original Mortgage
$174,250
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Smallwood Kevin J and Smallwood Susan M
Bought by
Mcdermott David A and Mcdermott Candace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,176
Interest Rate
3.65%

Purchase Details

Listed on
Jul 10, 2017
Closed on
Oct 11, 2017
Sold by
Pollse Vincent Michael and Pollse Roseanne
Bought by
Smallwood Kevin J and Smallwood Susan M
Seller's Agent
Cale Trenary
Top Performance Real Est. Cons
Buyer's Agent
Out of Area Non Member
Various Associations in Florida
List Price
$83,900
Sold Price
$79,000
Premium/Discount to List
-$4,900
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$61,560
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2016
Bought by
Polise Roseanne

Purchase Details

Closed on
Jul 1, 2016
Bought by
Polise Roseanne

Purchase Details

Closed on
Aug 6, 2002
Sold by
Polise Vincent Anthony and Polise Roseanne
Bought by
Polise Vincent Anthony and Polise Roseanne
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
Joyce Stephen J $100 All American Land Title
Joyce Stephen J $205,000 All American Land Title
Mcdermott David A $124,500 First American Title Ins Co
Smallwood Kevin J $79,000 A 1 Title Of The Nature Coas
Polise Roseanne $100 --
Polise Roseanne $100 --
Polise Vincent Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joyce Stephen J $174,250
Previous Owner Mcdermott David A $127,176
Previous Owner Smallwood Kevin J $61,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $205,000 0.0% $178 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $205,000 +159.5% $178 / Sq Ft
10/18/2017 10/18/17 Sold $79,000 -5.8% $69 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $83,900 -- $73 / 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
2023 $1,279 $106,786 $0 $0
2022 $1,305 $103,500 $0 $0
2021 $1,303 $100,485 $0 $0
2020 $1,289 $99,098 $22,000 $77,098
2019 $900 $75,062 $0 $0
2018 $872 $73,662 $8,800 $64,862
2017 $1,335 $64,353 $8,000 $56,353
2016 $711 $53,470 $0 $0
2015 $710 $53,098 $0 $0
2014 $683 $52,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM656583

Stellar MLS

APN: 35680-005-09