NOT LISTED FOR SALE

2840 W Rainbow Cir Unit C3 Sarasota, FL 34231

Ridge Wood Heights Neighborhood

Estimated Value: $151,000 - $202,000

2 Beds
2 Baths
1,130 Sq Ft
$544/mo HOA Fee

Last Sold January 03, 2023

Last sale price $150,000 $133 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,764/month

191 Days on Market

Highlights

  • In Ground Spa
  • Pool View
  • Walk-In Closet
  • Riverview High School Rated A
  • Balcony
  • Laundry closet

About This Home

As of January 2023

ANNUAL RENTAL available now! Rainbow Club Condominium is small community of 14 units centrally located conveniently just off Bee Ridge & Tuttle. Experience the convenience of being just a short drive to all your regular destinations within Sarasota with this updated condo! Best of all it has one of the best pool views of the entire complex with a large oversized lanai.

2 Bedrooms 2 Bathrooms on the second floor. Spacious open floorplan with cathedral ceiling in the living area and kitchen. Tile flooring in living area and kitchen, laminate flooring in bedrooms. Main bedroom brings in great natural light with walk-in closet and en-suite bathroom. Washer and dryer are included in-unit. 2 assigned parking spaces come with the unit. Pet Friendly!

First, Last, Security Deposit due upon move-in. Pets are acceptable with a non-refundable pet fee. Message for more info and schedule a showing!

Last Agent to Sell the Property

Michelle Eberley

PARADISE EXCLUSIVE INC License #3285322 Listed on: 05/06/2022

PARADISE EXCLUSIVE INC

Last Buyer's Agent

JOSEPH HADID

ELEMENT INTERNATIONAL GROUP LLC License #3286998

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1984

Lot Details

  • South Facing Home

HOA Fees

  • $544 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance
  • Argus Property Management Association, Phone Number (941) 927-6464
  • Rainbow Club Community
  • Rainbow Club Ii Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,695

Year Built

Built in 1984

Lot Details

0

HOA Fees

$544 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1130
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1255
  • Directions to Property: From US41 Take Stickney Point Rd/FL-72, Left on Swift Rd, Right on Maiden Lane, 1st Right on onto W Rainbow Circle, Unit C3 is in the last building on your right. From I-75 take exit 207 toward FL-758 W, Left on State Hwy 758 / Bee Ridge Rd, Left on Swift Rd, Left on Maiden Ln, Right on W Rainbow Circle.
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1037924
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 132.74
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Stories: 2
  • Street Number Modifier: 2840
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.98
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0142F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Name: Argus Property Management
  • Phone: 941-927-6464
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: See attached rules
  • Building Name Number: C
  • Condo Fees: 544
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 544
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 6528.00
  • Total Monthly Fees: 544.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0072121103
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Application required. Please see attached documents or contact Argus Property Management for more information.

Tax Info

  • Tax Annual Amount: 1695
  • Tax Book Number: 1705-1872
  • Tax Lot: 4

Multi Family

  • Approval Process: Please see attached documents or contact Argus Property Management.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jan 3, 2023
Sold by
Horton Karin F
Bought by
Element 248 Llc
Seller's Agent
Michelle Eberley
PARADISE EXCLUSIVE INC
Buyer's Agent
JOSEPH HADID
ELEMENT INTERNATIONAL GROUP LLC
List Price
$214,900
Sold Price
$150,000
Premium/Discount to List
-$64,900
-30.2%
Views
25
Current Estimated Value
$191,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,749
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Aug 13, 2001
Sold by
Ellis Susan S
Bought by
Mercer Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Element 248 Llc $150,000 First International Title
Mercer Michelle E $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allred Crystal $13,500
Previous Owner Horton Karin F $37,250
Previous Owner Mercer Michelle E $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Off Market $2,150 -- --
11/12/2024 11/12/24 For Rent $2,150 0.0% --
01/03/2023 01/03/23 Sold $150,000 -28.6% $133 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $210,000 -2.3% $186 / Sq Ft
07/13/2022 07/13/22 Price Changed $214,900 0.0% $190 / Sq Ft
07/13/2022 07/13/22 For Sale $214,900 -1.9% $190 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $219,000 -4.4% $194 / Sq Ft
05/15/2022 05/15/22 For Sale $229,000 0.0% $203 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $229,000 -- $203 / 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 $2,043 $118,900 -- $118,900
2023 $2,043 $134,000 $0 $134,000
2022 $1,995 $140,100 $0 $140,100
2021 $1,695 $98,800 $0 $98,800
2020 $1,580 $87,600 $0 $87,600
2019 $1,458 $81,100 $0 $81,100
2018 $1,334 $72,100 $0 $72,100
2017 $1,345 $71,700 $0 $71,700
2016 $1,456 $95,500 $0 $95,500
2015 $1,402 $82,500 $0 $82,500
2014 $1,181 $52,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Eberley

    Seller's Agent in 2023

    Michelle Eberley

    PARADISE EXCLUSIVE INC

    (941) 830-3728

    1 in this area

    73 Total Sales

    Section Image
  • JOSEPH HADID

    Buyer's Agent in 2023

    JOSEPH HADID

    ELEMENT INTERNATIONAL GROUP LLC

    (561) 319-4412

    1 in this area

    46 Total Sales

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Map

Source: Stellar MLS

MLS Number: D6125018

Stellar MLS

APN: 0072-12-1103

Florida Sarasota County Sarasota 34231 Ridge Wood Heights

2840 W Rainbow Cir Unit C3, Sarasota, FL

This home is located at 2840 W Rainbow Cir Unit C3, Sarasota, FL 34231 since 06 May 2022 and is currently estimated at $169,260, approximately $149 per square foot. This property was built in 1984. 2840 W Rainbow Cir Unit C3 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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