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.
Sold for $170,000
$170,000
10542 SW 62nd Terrace Rd, Ocala, FL 34476
2beds
1,254sqft
Single Family Residence
Built in 1995
0.29 Acres Lot
$170,100 Zestimate®
$136/sqft
$1,487 Estimated rent
Home value
$170,100
$162,000 - $179,000
$1,487/mo
Zestimate® history
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 17, 2026 at 06:28am
Listing Provided by:
Brian McCarthy 352-299-8777,
CB/ELLISON RLTY WEST 352-854-9717
Bought with:
John Aponte, 3225938
PEOPLE'S TRUST REALTY
Source: Stellar MLS,MLS#: OM712812
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
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 & neighborhood
Community
- Community features: Clubhouse, Deed Restrictions, Pool, Tennis Court(s)
Senior living
- Senior community: Yes
Location
- Region: Ocala
- Subdivision: CHERRYWOOD ESTATE
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $321 monthly
- Services included: Cable TV, Community Pool, Internet, Pool Maintenance, Recreational Facilities, Trash
- Association name: Cherrywood Mgmt Jennifer Griffin
- Association phone: 352-237-1675
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $170,000-2.3%$136/sqft |
Source:  Stellar MLS #OM712812 Report a problem | ||
| 2/18/2026 | Pending sale | $174,000$139/sqft |
Source: Stellar MLS #OM712812 Report a problem | ||
| 1/29/2026 | Price change | $174,000-2.8%$139/sqft |
Source: Stellar MLS #OM712812 Report a problem | ||
| 12/13/2025 | Price change | $179,000-5.7%$143/sqft |
Source: Stellar MLS #OM712812 Report a problem | ||
| 11/3/2025 | Listed for sale | $189,900-5%$151/sqft |
Source: Stellar MLS #OM712812 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Neighborhood: Cherrywood Estates
Nearby schools
GreatSchools rating
- 3/10Hammett Bowen Jr. Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 4/10Liberty Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10West Port High SchoolGrades: 9-12Distance: 6 mi
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Estimated market value
$170,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$170,100
- Florida
- Marion County
- Ocala
- 34476
- Cherrywood Estates
- 10542 SW 62nd Terrace Rd