2875 E  Rainbow Cir, Sarasota, FL 34231
Property image
Property image
OFF MARKET

2875 E Rainbow Cir
Sarasota, FL 34231

Ridge Wood Heights
  • 2 Beds
  • 1 Bath
  • 1,000 sqft

$269,500

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,727/mo*

$269,500

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,727/mo*
2 Beds
1 Bath
1,000 sqft

Home Value

Trulia Estimate
$270K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$17K (+6.6%)
Since last sale
Increased$107K (+65.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +60% in the last 10 years
MonthEstimated value
2026
August 2026$270K
July 2026$273K
June 2026$274K
May 2026$276K
April 2026$274K
March 2026$269K
February 2026$270K
January 2026$270K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$155,000
03/12/26
1
1
746
0.08
Single-Family Home
$160,000
02/27/26
3
2
1,123
0.37
Single-Family Home
$140,000
06/01/26
2
1
715
0.14
Single-Family Home
$319,000
05/26/26
3
1
1,160
0.11
Single-Family Home
$302,000
08/21/26
3
1
1,447
0.17
Single-Family Home
$289,000
07/01/26
2
2
1,015
0.18
Single-Family Home
$300,000
06/11/26
2
2
1,236
0.26
Single-Family Home
$130,000
12/01/25
3
1
1,689
0.34
Single-Family Home
$235,000
12/19/25
3
1
1,082
0.23
Single-Family Home
$389,000
09/23/25
2
2
1,257

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$280,000
2
1
851
Off Market
0.08
$570,300
4
3
2,933
Off Market
0.11
$345,000
3
2
1,125
Off Market
0.12
$574,300
3
3
1,476
Off Market
0.12
$1,285,700
4
2
3,683
Off Market
0.11
$302,000
3
1
1,447
Recently Sold
0.12
$251,000
2
1
844
Off Market
0.11
$402,000
3
2
1,248
Recently Sold
0.14
$585,000
4
3
2,836
Recently Sold
0.16
$320,200
2
2
2,022
Off Market
0.16
$310,000
2
2
1,139
Recently Sold
0.14
$319,000
3
1
1,160
Recently Sold

Local Information

  • Map ViewExplore the area around 2875 E Rainbow Cir.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Living Area
1,000 sqft
Price/Sqft
$270

About this House

SINGLE FAMILY CUTE HOME ON A QUIET CUL-DE-SAC AND IT'S CLOSE TO EVERYTHING. Location can't be beat. Public schools at all three levels within a mile of the home. Only 10 minutes from world famous Siesta Key beach. Home features: Big bedrooms. Nice kitchen. Living room, dining room and large family room. Giant screened porch. Storage shed. Covered carport. Nice fenced private yard. Big interior laundry room. New carpet, new blinds. Interior and outside walls freshly painted. Be prepared to fill out a complete rental application along with providing a current credit report and proof of current employment.

We are asking for 1400 a month. Tenant pays utilities. Landlord takes care of lawn maintenance. We are collecting 1st month, last month and $1000 security deposit. Small dog allowed with a 250 dollar non refundable deposit.
2875 E Rainbow Cir, Sarasota, FL 34231 is a 2 bedroom, 1 bathroom, 1,000 sqft single-family home in Ridge Wood Heights, built in 1957. It last sold for $163,000 on Apr 4, 2019. More recently, it was listed as a rental in April 2019 with an asking price of $1,400 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $269,500, with a rent estimate of $2,225/month.

Home Details for 2875 E Rainbow Cir

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningHeating Fuel: Forced Air
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room, Family Room, Laundry Room, Office, Recreation Room
Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcreteFoundation Type: Concrete
Parking & Garage
Parking Space: 1Parking: Carport

Property Information

Year Built
Year Built: 1957Year Updated: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
May 15, 2019
Source: N/A
ListingRemoved
$1,400
Apr 26, 2019
Source: N/A
Listed For Rent
$1,400
Apr 4, 2019
Source: N/A
Sold
$163,000
Mar 2, 2019
Source: Agent Provided
Pending
$170,000

Market trends in Sarasota

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$5K
MoM
Sale-to-List Price
96.1%
0.1%
MoM
Price per sq ft
$263
$1
MoM
Available listings
2298
126
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Ridge Wood Heights

At least 15 Trulia users voted on each feature.
  • 91 % Say yards are well-kept

  • 81 % Say there's holiday spirit

  • 81 % Say it's dog friendly

  • 76 % Say car is needed

  • 75 % Say it's quiet

  • 75 % Say parking is easy

  • 61 % Say people would walk alone at night

  • 60 % Say it's walkable to grocery stores

  • 59 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 52 % Say kids play outside

  • 50 % Say there's wildlife

  • 41 % Say there are sidewalks

  • 31 % Say streets are well-lit

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Close to everything Nice and friendly complex but NO activities Heated pool very nice Exercise room a joke no windows "
  • Trulia User
    "I can commute, but it's not my favorite. Parking is metered though, so if you have time, it will save you a lot of money. I have worked downtown since 2015."
  • Trulia User
    "Nice area and close to everything. Feels safe. Close to beaches and shopping and hospital. Would def live here"
  • Trulia User
    "I don't own a dog, but it seems like they have all the amenities they could need. the dog park is less than 10 minutes from my current home at Swift and Bee Ridge rd"
  • Petusita4
    "Close to the beach, TJ Max, Marshall's, Ross,Walmart, Publix! Five minutes to the Siesta Beach, ten minutes to down town"
  • Diane
    "We have lived here for about 20 years it is a safe neighborhood people here are not tolerable of lawless people here--its a quite neighborhood--home to all ages"

LGBTQ Local Legal Protections

Frequently asked questions about 2875 E Rainbow Cir

  • What is 2875 E Rainbow Cir estimated to be worth?
    Trulia's estimated value for 2875 E Rainbow Cir in Sarasota, FL is $269,500.
  • What is the price history for 2875 E Rainbow Cir?
    2875 E Rainbow Cir in Sarasota, FL last sold for $163,000 in April 2019.
  • Is Sarasota a buyer's or seller's market?
    Sarasota is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Sarasota?
    The median sale price in Sarasota is $427K. That is down $5K from the prior month.
  • Does 2875 E Rainbow Cir have laundry facilities?
    Yes, 2875 E Rainbow Cir in Sarasota, FL has in-unit laundry.
  • How big is the lot at 2875 E Rainbow Cir?
    The lot at 2875 E Rainbow Cir in Sarasota, FL is about 0.19 acres (8,276 sq ft).

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