NOT LISTED FOR SALE

Three Fountains on the Lake 5500 Carriageway Dr Unit 314 Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated Value: $303,000 - $356,000

3 Beds
3 Baths
2,100 Sq Ft
190,009 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $196,000 $93 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,750/month

127 Days on Market

Highlights

  • End Unit
  • First Floor Utility Room
  • Attached Garage
  • Rolling Meadows High School Rated A+
  • Balcony
  • Walk-In Closet

About This Home

As of January 2019

LIMITED TIME BUYER BONUS - $10,000 CLOSING CREDIT IF UNDER CONTRACT BY 12/15/18. Bright and sunny END UNIT with large balcony overlooking fish stocked COMMUNITY LAKE. This is a very unique property in so many ways - 2100+ SQ FT 3 bedroom 3 FULL baths TOP FLOOR condo in ELEVATOR/SECURE building and HEATED UNDERGROUND GARAGE (2 additional outdoor spaces and guest parking) Perfect for someone looking for 2 MASTER BEDROOM SUITES to accommodate live-in family or nanny. 2 large WALK-IN closets outfitted with Elfa closet organizers. Every room is much bigger than you would expect in a condo. Freshly painted and Move-in Ready! Community boasts a newly renovated CLUBHOUSE, POOL AND TENNIS COURTS. Close to everything - airport, interstate, shopping, entertainment, restaurants. Monthly ASSESSMENTS include ALL UTILITIES AND AMENITIES except electric and cable/internet.

Last Agent to Sell the Property

Krystyna Fritz

@properties Christie's International Real Estate License #475169107 Listed on: 08/01/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Stephanie Eiger

Coldwell Banker Realty License #475149933

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • 1972

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $653 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • First Floor Utility Room
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $6,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Year Built

1972

Lot Details

4.36 Acres

HOA Fees

$653 per month

Parking

51

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1972

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Carpet, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Intercom
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X5, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Foyer, Utility Room-1st Floor, Walk In Closet, Balcony, Walk In Closet
  • Master Bedroom: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 11X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 2 Name: Utility Room-1st Floor, Dimensions: 4X4, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 18X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Walk in Closet, Dimensions: 10X7, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Balcony, Dimensions: 12X7, On Level: Main Level
  • Additional Room 5 Name: Other, Dimensions: 10X5, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 6 Name: Walk in Closet, Dimensions: 7X3, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2100
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 53
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces, Unassigned, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 51
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Pet Count Limitation
  • Common Area Amenities: Elevator, Storage, Party Room, Pool-Outdoors, Security Door Locks, Tennis Court/s
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
  • Assessment Association Fees: 653
  • Management Contact Name: Valerie Hodge
  • Management Phone: 847-301-1133

Fee Information

  • Management Company: ACM Community Management

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 08083010361125

Multi Family

  • Total Number Unitsin Building: 48
  • Number Stories: 3

Tax Info

  • Taxes: 1164.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Donovan Joseph J and Donovan Mary Ellen
Bought by
Donovan Joseph J and Donovan Mary Ellen
Current Estimated Value
$334,962

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jan 7, 2019
Sold by
Schaffer Diane Hughes
Bought by
Donovan Mary Ellen and Donovan Joseph J
Seller's Agent
Krystyna Fritz
@properties Christie's International Real Estate
Buyer's Agent
Stephanie Eiger
Coldwell Banker Realty
List Price
$228,000
Sold Price
$196,000
Premium/Discount to List
-$32,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$115,000
Outstanding Balance
$100,006
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$234,956

Purchase Details

Closed on
Oct 22, 1998
Sold by
Griswold Wayne A
Bought by
Hughes Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donovan Joseph J -- Attorney
Donovan Mary Ellen $196,000 Proper Title Llc
Hughes Betty A $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Mary Ellen $115,000
Previous Owner Hughes Betty A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $196,000 -10.9% $93 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/02/2018 11/02/18 Price Changed $220,000 -2.2% $105 / Sq Ft
09/12/2018 09/12/18 Price Changed $225,000 -1.3% $107 / Sq Ft
08/01/2018 08/01/18 For Sale $228,000 -- $109 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 -- $26,697 $2,004 $24,693
2024 -- $19,504 $1,687 $17,817
2023 -- $19,504 $1,687 $17,817
2022 $0 $19,504 $1,687 $17,817
2021 $3,638 $12,059 $1,107 $10,952
2020 $3,638 $12,059 $1,107 $10,952
2019 $0 $13,517 $1,107 $12,410
2018 $3,409 $11,301 $949 $10,352
2017 $3,342 $11,301 $949 $10,352
2016 $1,162 $11,301 $949 $10,352
2015 $2,620 $8,933 $843 $8,090
2014 $2,559 $8,933 $843 $8,090
2013 $2,582 $9,235 $843 $8,392
Source: Public Records

Agents Affiliated with this Home

  • Krystyna Fritz

    Seller's Agent in 2019

    Krystyna Fritz

    @ Properties

    (847) 894-1381

    128 Total Sales

    Krystyna Fritz
    Section Image

  • S

    Buyer's Agent in 2019

    Stephanie Eiger

    Coldwell Banker Realty

    Section Image
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About Three Fountains on the Lake

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10037553

Midwest Real Estate Data (MRED)

APN: 08-08-301-036-1125

Illinois Cook County Rolling Meadows 60008 Busse Woods

5500 Carriageway Dr Unit 314, Rolling Meadows, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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