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2501 Tulip Street

2501 Tulip Street, Sarasota, FL 34239
Property in South Gate
Sold Jan 21, 2005
$260,000
$208,000 by First Nlc Financial Services L
Mortgage Due Feb 01, 2035
Sold Nov 19, 2004
$199,000
$159,200 by Lehman Brothers Bank Fsb
Mortgage Due Dec 01, 2034
Local assessors in Sarasota, FL have categorized 2501 Tulip Street as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 13,295 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 930 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2501 Tulip Street has a total of 1,545 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 19, 2005 for $260,000. That's $135.06 per sqft. Prior to that sales transaction, the property was also sold in Nov 12, 2004 for $199,000. 2501 Tulip Street was last assessed in 2023. The total value of the property was assessed at $408,019. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,066. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,295
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,925
  • Gross Building Area: 1,925
  • Building Area: 1,545
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,545
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTH GATE UNIT 07
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLK 20 SOUTH GATE UNIT 7

Ownership

  • Current Owner : OLESEN SARAH E
  • Previous Owner : NADELL FRANK
  • Previous Owner 2: NADELL THERESA M
  • Owner Before Previous Owner: BLASERS NURSERIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L013 A055 F052
  • Census Tract: 000602

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 23
  • Account Number: 0057100048
  • Subdivision Tract Number: 1204
  • Parcel: 0057-10-0048
  • Block: 20
  • Lot: 14
  • Meridian: SEC 32 TWN 36S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3024
  • Longitude: -82.5201

    Address

  • Full Address: 2501 Tulip St
  • Legal Unit: 7
  • Address - House Number: 2501
  • Address - Street Name: Tulip
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C025
  • 4-Digit Zip Code: 6344
  • Zip Code: 34239

Valuation

    Tax

  • Total Area: 2,021
  • Tax Year: 2023
  • Tax Amount: $5,066
  • Tax Rate Code Area: 1300

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 93
  • Final Value: 615,688
  • High Value: 666,191
  • Low Value: 565,185

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: FIRST NLC FINANCIAL SERVICES L
  • First Open Lien Mortgage Recording Date: Jan 21, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035
  • Second Open Lien Mortgage Recording Date: Jan 21, 2005
  • Second Open Lien Mortgage Loan Amount: $52,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $521,900
  • Market Land Value: $262,000
  • Market Improvement Value: $259,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,019

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2005
  • Current Sale Recording Date: Jan 21, 2005
  • Current Sale Transaction ID: 1109961014
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005014044
  • Previous Sale Recording Date: Nov 19, 2004
  • Previous Sale Contract Date: Nov 12, 2004
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NLC FINANCIAL SERVICES L
  • First Mortgage Transaction Date: Jan 21, 2005
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2035
  • Second Mortgage Loan Amount: $52,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Previous Mortgage Transaction Date: Nov 19, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $159,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2034

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Frequently Asked Questions

What neighborhood is 2501 Tulip Street located in?
The 2501 Tulip Street is a located in the neighborhood of South Gate in South Gate, Sarasota.
What is the average sales price for listings in 2501 Tulip Street?
The average sales price for units in 2501 Tulip Street is $0 currently.

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