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For sale
  • Price cut: $10.9K (12/13)
    $179,000

    10542 SW 62nd Terrace Rd, Ocala, FL 34476

    2beds
    1,254sqft
    : 
    Single Family Residence
    Built in 1995
    0.29 Acres Lot
    $175,800 Zestimate®
    $143/sqft
    $321/mo HOA

    What's special

    Enclosed lanaiSpacious two-car garageOutdoor livingInside laundry room
    Welcome to Cherrywood Estates, a premier 55+ community in beautiful Southwest Marion County. This charming 2-bedroom, 2-bath block home features a spacious two-car garage, an enclosed lanai, and an inside laundry room for added convenience. Situated on a .29-acre fenced lot, the backyard offers both privacy and room to enjoy outdoor living. Built in 1995, this well-maintained home has had major updates including a new roof in 2016 and air conditioning replaced in 2014. Residents of Cherrywood Estates enjoy outstanding community amenities,a clubhouse, in-ground pool, tennis courts, and fitness center-all within a peaceful, friendly neighborhood setting. Conveniently located close to shopping, restaurants, hospitals, and just a short drive to the World Equestrian Center. Easy access to both Orlando and Tampa airports (approximately 1 hour and 20 minutes). Experience peaceful country living at its best in one of Marion County's most desirable active adult communities.
    61 days
    |
    603
    |
    25
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 12, 2025 at 05:04pm

    Listing Provided by:

    Brian McCarthy 352-299-8777,

    CB/ELLISON RLTY WEST 352-854-9717

    Source: Stellar MLS,MLS#: OM712812MLS LogoOriginating MLS: Ocala - Marion

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Florida Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Luxury Vinyl
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,832
    • Total interior livable area: 1,254 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Rain Gutters
    • Fencing: Chain Link
    Lot
    • Size: 0.29 Acres
    • Dimensions: 100 x 126
    Details
    • Parcel number: 3568000512
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Deed Restrictions, Pool, Tennis Court(s)
    • Senior community: Yes
    • Subdivision: CHERRYWOOD ESTATE
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Community Pool, Internet, Pool Maintenance, Recreational Facilities, Trash
    • HOA fee: $321 monthly
    • HOA name: Cherrywood Mgmt Jennifer Griffin
    • HOA phone: 352-237-1675
    • Pet fee: $0 monthly
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $165,431
    • Annual tax amount: $2,174
    • Date on market: 11/3/2025
    • Cumulative days on market: 61 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    $175,800

    $167,000 - $185,000

    $1,570/mo

    Price history

    Price history
    DateEventPrice
    12/13/2025Price change$179,000-5.7%$143/sqft
    Source: Stellar MLS #OM712812 Report a problem
    11/3/2025Listed for sale$189,900-5%$151/sqft
    Source: Stellar MLS #OM712812 Report a problem
    12/16/2024Listing removed$199,900$159/sqft
    Source: Stellar MLS #OM630149 Report a problem
    12/15/2021Sold$199,900$159/sqft
    Source: Public Record Report a problem
    11/11/2021Pending sale$199,900$159/sqft
    Source: Stellar MLS #OM630149 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,265 -0.4%$165,431 +0.3%
    2023$2,274 -12%$164,921 +14.5%
    2022$2,586 +226.5%$144,087 +134%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,503/mo
    Principal & interest
    $877
    HOA Fees
    $321
    Other costs
    $304

      Climate risks

      Neighborhood: Cherrywood Estates

      Nearby schools

      GreatSchools rating

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