$245,000
SOLD JUN 27, 2025

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

Busse Woods Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$636/mo HOA Fee

Recently Sold

$204 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

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

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Matt Ohlsen

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

Jameson Sotheby's Intl Realty

Co-Listed By

Chris Klanyac

Jameson Sotheby's Intl Realty License #475160533

Last Buyer's Agent

Jane Lee

RE/MAX Top Performers License #471004433

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

  • Entry on the 2nd floor
  • 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
  • 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: 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

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: Main Level, Washer Hookup
  • 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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 16, 2025
Sold by
Okonski Kamil and Okonski Aleksandra
Bought by
Batdelger Renchinjugder and Nyamkhand Ankhtsetseg
Seller's Agent
Matt Ohlsen
Jameson Sotheby's Intl Realty
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
38
Current Estimated Value
$244,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$545
Avg. Annual Appreciation
-0.74%
Original Mortgage
$232,750
Outstanding Balance
$232,131
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$12,324

Purchase Details

Closed on
Nov 16, 2015
Sold by
Butler Brian P and Nancy Jayne Butle Trust
Bought by
Okonski Kamil and Okonski Aleksandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $245,000 Chicago Title Insurance Compan
Deed $112,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,750 New Conventional
Previous Owner $106,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $245,000 +2.1% $204 / Sq Ft
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12350572

Midwest Real Estate Data (MRED)

APN: 08-08-301-036-1022