$240,000
PENDING $10K PRICE DROP

5501 Carriage Way Dr Unit 208A Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated payment $2,277/month

Total Views 70,955
2 Beds
2 Baths
1,200 Sq Ft
$200 Price per Sq Ft

Highlights

  • Waterfront
  • Landscaped Professionally
  • Tennis Courts
  • Rolling Meadows High School Rated A+
  • Community Pool
  • Party Room

About This Home

Spacious 2-Bedroom Condo at Three Fountains on the Lake! Discover the largest 2-bedroom floor plan available in this sought-after community! This bright and beautifully maintained 2-bedroom, 2-bath condo offers serene pond views from your private balcony and an abundance of natural light throughout. The inviting living room features a cozy gas fireplace, built-in bookshelves, and sliding glass doors leading to the balcony-perfect for relaxing or entertaining. The kitchen boasts ample cabinet space and a breakfast area, complemented by a generous dining room for hosting gatherings. Enjoy the convenience of an in-unit full-size washer and dryer. The primary suite includes a walk-in closet and a stylishly updated private bathroom. A spacious second bedroom, with an updated full bath just across the hall, is ideal for guests or a home office. Additional features include a heated underground garage with one assigned parking space and private storage. Extra parking is available. Residents enjoy access to exclusive amenities such as an in-ground pool, tennis courts, and a clubhouse. HOA dues cover gas, heat, and water for added value and peace of mind. Conveniently located near Route 53, major expressways, parks, shopping, and dining. Rentals are allowed.

Listing Agent

Matt Ohlsen

Jameson Sotheby's Intl Realty License #475132044 Listed on: 04/30/2025

Jameson Sotheby's Intl Realty

Co-Listing Agent

Chris Klanyac

Jameson Sotheby's Intl Realty License #475160533

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1972

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Water Views
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Willow Bend Elementary School
  • Carl Sandburg Middle School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 128 Units
  • Main Office Association, Phone Number (773) 572-0880
  • Three Fountains On The Lake Subdivision
  • Property managed by Westward 360 Management

Amenities

  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 1972

Lot Details

0

HOA Fees

$636 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Three Fountains on the Lake
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Humidifier
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • LivingArea: 1200
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 240000
  • Lot Features: Common Grounds, Landscaped
  • View: Water
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 636
  • Association Amenities: Elevator(s), Storage, Party Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360 Management
  • Management Contact Name: Main Office
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Willow Bend Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: Carl Sandburg Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 3652.21
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 128

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,652 $16,116 $1,394 $14,722
2023 $3,473 $16,116 $1,394 $14,722
2022 $3,473 $16,116 $1,394 $14,722
2021 $2,048 $9,963 $914 $9,049
2020 $2,070 $9,963 $914 $9,049
2019 $2,103 $11,168 $914 $10,254
2018 $1,780 $9,338 $784 $8,554
2017 $1,763 $9,338 $784 $8,554
2016 $2,570 $9,338 $784 $8,554
2015 $846 $7,382 $697 $6,685
2014 $2,115 $7,382 $697 $6,685
2013 $873 $7,631 $697 $6,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $240,000 -4.0% $200 / Sq Ft
04/30/2025 04/30/25 For Sale $250,000 -- $208 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $112,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,753 New Conventional
Closed $106,400 New Conventional
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12350572

Midwest Real Estate Data (MRED)

APN: 08-08-301-036-1022