NOT LISTED FOR SALE

2840 W Rainbow Cir Unit B3 Sarasota, FL 34231

Ridge Wood Heights Neighborhood

Estimated Value: $167,000 - $233,000

2 Beds
2 Baths
1,130 Sq Ft
$509/mo HOA Fee

Last Sold April 06, 2022

Last sale price $219,100 $194 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,752/month

55 Days on Market

Highlights

  • 0.47 Acre Lot
  • Engineered Wood Flooring
  • Great Room
  • Riverview High School Rated A
  • Cathedral Ceiling
  • Community Pool

About This Home

As of April 2022

SPACIOUS, EXCELLENT LOCATION. You will feel like you are in a tree house in the 2/2 second floor condo. Vaulted ceilings with a large lanai. Carpet in the bedrooms, vinyl plank flooring in the living area. Living room/dining room combo and an eating area in the kitchen. 2 assigned carport spaces. New windows being installed. TENANT IN PLACE UNTIL 5/31/2022.

Last Agent to Sell the Property

Robin De Busk

STRINGER MANAGEMENT INC License #0640204 Listed on: 12/07/2021

Last Buyer's Agent

Daniel Charney & Brian Corson

GULF SHORES REALTY License #3369159

GULF SHORES REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1983

Lot Details

  • Southwest Facing Home
  • Condo Land Included
  • Land Lease expires 5/31/22

HOA Fees

  • $509 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, ground maintenance, pest control
  • Rainbow Club Community
  • Rainbow Club I Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,713

Year Built

Built in 1983

Lot Details

0

HOA Fees

$509 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1130
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 20374
  • Directions to Property: Swift Road south of Bee Ridge, left on Maiden Lane and right on W. Rainbow Cir.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4519632?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4519632?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00046
  • Price per Sq Ft: 193.89
  • Close to Original List Price Ratio: 0.95677
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 2840
  • Room Count: 4
  • Additional Rooms: Great Room

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Condo Fees: 509
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 509
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6108
  • Total Monthly Fees: 509

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0072121005
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: x
  • Land Lease Expiration Date: 2022-05-31

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 6 Months
  • Approval Process: Application
  • Num Timesper Year: 2
  • Pet Restrictions: 1 dog under 25 pounds
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1320
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Maximum of 2 leases per year, 6 month minimum.

Tax Info

  • Tax Annual Amount: 1712.61
  • Tax Block: B
  • Tax Book Number: 1634-1659
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Apr 4, 2022
Sold by
Mindbar 9072 Llc
Bought by
Bo Samantha M
Seller's Agent
Robin De Busk
STRINGER MANAGEMENT INC
Buyer's Agent
Daniel Charney & Brian Corson
GULF SHORES REALTY
List Price
$229,000
Sold Price
$219,100
Premium/Discount to List
-$9,900
-4.32%
Total Days on Market
55
Current Estimated Value
$194,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,962
Avg. Annual Appreciation
-3.74%
Original Mortgage
$212,627
Outstanding Balance
$206,774
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$12,636

Purchase Details

Listed on
Mar 26, 2018
Closed on
Mar 7, 2018
Sold by
Realtech Propertis Llc
Bought by
Minbar 9072 Llc
Seller's Agent
Robin De Busk
STRINGER MANAGEMENT INC
Buyer's Agent
Nancy Guerrero
PMI SARASOTA
Sold Price
$1,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Detweiler L Dale
Bought by
Miller Ray and Miller Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.33%

Purchase Details

Closed on
Apr 28, 2003
Sold by
Sauder Paula Bratcher and Bratcher Paula M
Bought by
Detweiler L Dale

Purchase Details

Closed on
Apr 23, 2001
Sold by
Gammill Laura L Ferber and Ferber Laura L
Bought by
Bratcher Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,832
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1993
Sold by
Miller Charles J
Bought by
Ferber Laura L and Gammill James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.01%
Source: Public Records

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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
Bo Samantha M $219,100 Berlin Patten Ebling Pllc
Minbar 9072 Llc $112,500 Attorney
Miller Ray $104,000 --
Detweiler L Dale $100,000 --
Bratcher Paula M $91,900 --
Ferber Laura L $63,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bo Samantha M $212,627
Previous Owner Miller Ray $104,000
Previous Owner Bratcher Paula M $89,832
Previous Owner Ferber Laura L $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $219,100 0.0% $194 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $219,000 -4.4% $194 / Sq Ft
01/06/2022 01/06/22 For Sale $229,000 +4.5% $203 / Sq Ft
12/27/2021 12/27/21 Off Market $219,100 -- --
12/27/2021 12/27/21 For Sale $229,000 +4.5% $203 / Sq Ft
12/11/2021 12/11/21 Off Market $219,100 -- --
12/07/2021 12/07/21 For Sale $229,000 0.0% $203 / Sq Ft
05/29/2020 05/29/20 Rented $1,295 0.0% --
05/14/2020 05/14/20 Under Contract -- -- --
05/06/2020 05/06/20 Price Changed $1,295 -4.1% $1 / Sq Ft
03/31/2020 03/31/20 For Rent $1,350 +4.2% --
04/23/2018 04/23/18 Rented $1,295 0.0% --
04/05/2018 04/05/18 Under Contract -- -- --
03/26/2018 03/26/18 For Rent $1,295 0.0% --
03/17/2018 03/17/18 Sold $112,500 -5.5% $100 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/17/2018 02/17/18 Price Changed $119,000 -8.4% $105 / Sq Ft
12/17/2017 12/17/17 For Sale $129,900 -- $115 / 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 $1,833 $127,800 -- $127,800
2023 $1,833 $144,100 $0 $144,100
2022 $2,007 $140,100 $0 $140,100
2021 $1,713 $99,300 $0 $99,300
2020 $1,603 $89,000 $0 $89,000
2019 $1,569 $89,000 $0 $89,000
2018 $1,426 $79,200 $0 $79,200
2017 $1,371 $73,500 $0 $73,500
2016 $1,504 $97,000 $0 $97,000
2015 $1,447 $83,800 $0 $83,800
2014 $1,252 $57,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin De Busk

    Seller's Agent in 2022

    Robin De Busk

    STRINGER MANAGEMENT INC

    (941) 504-3195

    1 in this area

    9 Total Sales

    Robin De Busk
    Section Image

  • D

    Seller's Agent in 2018

    Dave Beachy

    BEACHY PROPERTIES

    (941) 232-8812

    4 in this area

    161 Total Sales

    Dave Beachy
    Section Image
  • Nancy Guerrero

    Seller Co-Listing Agent in 2018

    Nancy Guerrero

    PMI SARASOTA

    (941) 400-8134

    12 Total Sales

    Nancy Guerrero
    Section Image
  • Bradley Kayser

    Buyer's Agent in 2018

    Bradley Kayser

    COLDWELL BANKER REALTY

    (941) 809-7396

    51 Total Sales

    Bradley Kayser
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4519632

Stellar MLS

APN: 0072-12-1005

Florida Sarasota County Sarasota 34231 Ridge Wood Heights

2840 W Rainbow Cir Unit B3, Sarasota, FL

This home is located at 2840 W Rainbow Cir Unit B3, Sarasota, FL 34231 since 07 December 2021 and is currently estimated at $194,138, approximately $171 per square foot. This property was built in 1983. 2840 W Rainbow Cir Unit B3 is a home located in Sarasota County with nearby schools including Riverview High School, Wilkinson Elementary School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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