$240,000
SOLD DEC 16, 2024

10588 SW 62nd Terrace Rd Ocala, FL 34476

2 Beds
2 Baths
1,521 Sq Ft
0.33 Acres

Recently Sold

$158 Per Sq Ft

65% Above List Price

53 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Senior Community
  • Clubhouse
  • Community Pool

About This Home

As of December 2024

Discover this immaculate 1521 sq ft home featuring 2 bedrooms and 2 baths, complete with all the desired amenities. The open floor plan boasts a split bedroom design, exuding warmth throughout. A versatile back room opens to a stunning backyard, ideal for an office or breakfast nook. Adjacent is the enclosed lanai, with tinted windows installed in 2018 to minimize heat while preserving the view. The air conditioning was upgraded in 2010 to a 3-ton unit, and the roof was replaced in 2014. A spacious 2-car garage completes this exceptional home, providing ample space for your vehicles and storage needs.

Last Agent to Sell the Property

Cara Spring

RE/MAX FOXFIRE - HWY200/103 S Brokerage Phone: 352-732-3344 License #3585715 Listed on: 09/10/2024

RE/MAX FOXFIRE  - HWY200/103 S

Last Buyer's Agent

Javier Rojas

FONTANA REALTY License #3207040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 114x125
  • West Facing Home
  • Irrigation
  • Property is zoned R1

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,521 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, internet, sewer, trash, water
  • Cherry Wood Estates / Jennifer Griffin Association, Phone Number (352) 237-1675
  • Cherrywood Estate Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1995

Lot Details

0

HOA Fees

$321 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Internet, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1521
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2212
  • Lot Size Sq Ft: 14375
  • Directions to Property: 200 to 103 st rd to 62 court turn left , then left on 104 Lane with the last left onto sw 62 Terrace rd
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 160877336
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 157.79
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-732-3344
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10588
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 141.31
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Private Mailbox, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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 Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 321.21
  • Association Fee Frequency: Monthly
  • Association Name: Cherry Wood Estates / Jennifer Griffin
  • Phone: 352-237-1675
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See HOA Restrictions
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3854.52
  • Total Monthly Fees: 321.21
  • Monthly HOA Amount: 321.21

Lot Info

  • Zoning: R1
  • Parcel Number: 35680-005-06
  • Additional Parcels: No
  • Lot Dimensions: 114x125
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1335

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1167.17
  • Tax Block: E
  • Tax Book Number: 003-044CHERRYW
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 16, 2024
Sold by
Leger Robert and Pellitier Jessica
Bought by
Mcgowen Edward C and Guay Henriette
Seller's Agent
Cara Spring
RE/MAX FOXFIRE - HWY200/103 S
Buyer's Agent
Javier Rojas
FONTANA REALTY
List Price
$145,500
Sold Price
$240,000
Premium/Discount to List
$94,500
64.95%
Views
38
Current Estimated Value
$227,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,431
Avg. Annual Appreciation
-6.76%
Original Mortgage
$90,000
Outstanding Balance
$89,371
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$138,198

Purchase Details

Closed on
Sep 19, 2023
Sold by
Fitts Joyce A
Bought by
Leger Robert H and Pelletier Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2022
Closed on
May 15, 2023
Sold by
Cousineau Cheryl
Bought by
Leger Robert H and Fitts Joyce A
Seller's Agent
Susan Elliott
TROPIC SHORES REALTY LLC
Buyer's Agent
Kevin Lyons
RE/MAX FOXFIRE - HWY200/103 S
List Price
$280,000
Sold Price
$236,000
Premium/Discount to List
-$44,000
-15.71%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%
Original Mortgage
$188,800
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2017
Sold by
Hasinee Bernice
Bought by
Cousineau Thomas and Cousineau Cheryl

Purchase Details

Closed on
Feb 18, 2015
Sold by
Demers Roger Joseph and Demers Jeannine
Bought by
Demers Roger Joseph and Demers Jeannine
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 Type Sale Price Title Company
Warranty Deed $240,000 Brick City Title
Quit Claim Deed $100 Brick City Title
Quit Claim Deed $100 Brick City Title
Warranty Deed $236,000 First International Title
Warranty Deed $93,000 Affiliated Title Of Central
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $188,800 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $240,000 -2.2% $158 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $245,500 +68.7% $161 / Sq Ft
09/10/2024 09/10/24 For Sale $145,500 -38.3% $96 / Sq Ft
05/15/2023 05/15/23 Sold $236,000 0.0% $155 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $236,000 -3.7% $155 / Sq Ft
03/12/2023 03/12/23 Off Market $245,000 -- --
02/06/2023 02/06/23 Price Changed $245,000 -5.4% $161 / Sq Ft
11/18/2022 11/18/22 Price Changed $259,000 -4.1% $170 / Sq Ft
10/09/2022 10/09/22 Price Changed $270,000 -1.8% $178 / Sq Ft
09/14/2022 09/14/22 Price Changed $275,000 -1.8% $181 / Sq Ft
09/05/2022 09/05/22 For Sale $280,000 -- $184 / 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 $1,856 $144,283 -- --
2023 $1,167 $99,679 $0 $0
2022 $1,198 $96,776 $0 $0
2021 $1,196 $93,957 $0 $0
2020 $1,183 $92,660 $0 $0
2019 $1,160 $90,577 $0 $0
2018 $1,090 $87,974 $8,800 $79,174
2017 $808 $65,447 $0 $0
2016 $787 $64,101 $0 $0
2015 $788 $63,655 $0 $0
2014 $748 $62,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM685695

Stellar MLS

APN: 35680-005-06