NOT LISTED FOR SALE

5501 Carriageway Dr Unit 102 Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated Value: $166,000 - $261,000

2 Beds
2 Baths
1,220 Sq Ft
$566/ mo HOA Fee

Last Sold June 24, 2022

Last sale price $250,000 $205 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,097/month

3 Days on Market

Highlights

  • Lake Front
  • Lock-and-Leave Community
  • Pond
  • Rolling Meadows High School Rated A+
  • Clubhouse
  • Community Pool

About This Home

As of June 2022

Are you looking for a dream place to live? Enjoy a magnificent lake view from all the windows, morning cup of coffee or unwind after a long day of work on a large PRIVATE PATIO in this beautifully remodeled first floor 2 bed, 2 bath unit in the highly desirable Three Fountains on the Lake Condominium Complex. Exceptional quality, high end finishes and elegant CRAFTSMANSHIP reign in this RARELY AVAILABLE condo. Updated and spacious kitchen with stain-resistance, stylish QUARTZ countertops and STAINLESS-STEEL appliances. Enjoy the private dining room open to the living room for enough space for friends and family. You'll love this spectacular GAS FIREPLACE with custom crafted wood shelves during the cold days and the even colder winter nights. What a great way to start your day waking up in this MASTER SUITE featuring large Bedroom, modern bathroom with huge shower and WALK-IN CLOSET. Second bathroom featuring large two closets and a lot of windows which gives you a natural light all day long! Both bathrooms are completely and professionally renovated with TOP QUALITY craftmanship materials, WALL-MOUNTED Vanity cabinets with soft-close drawers providing extra storage, contemporary and sleek floating design. Custom craftmanship BARN DOORS in hallway and walk-in closet that presence charm to your space with classic diagonal panels. Vibrant unit with variety of lighting sources including can lights and undercabinet lighting throughout. ENJOY having your laundry room in the unit with FULL SIZE WASHER AND DRYER or utilize laundry room in the basement during emergencies. Let's not forget-this unit comes with UNDERGROUND HEATED CAR GARAGE and plenty of guest parking nearby, extra storage space in the basement, central A/C and heat. In addition to all the comforts you have total access to all amenities this property has to offer. This includes a large outdoor seasonal swimming pool, tennis court, clubhouse and beautiful pond. Look at all that is included in that assessment, HEAT, WATER, GAS, GARAGE PARKING, storage...PERFECT LOCATION close to Hwy, schools, shops, restaurants, parks, bike trails, recreation and much more! DON'T miss out on this AMAZING RENOVATED condo and make it yours!

Last Agent to Sell the Property

Paulina Kozlowski

Exit Realty Redefined License #475174692 Listed on: 05/13/2022

Exit Realty Redefined

Last Buyer's Agent

Liliya Sokhan

Charles Rutenberg Realty of IL License #475165607

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1975

Lot Details

  • Lake Front

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Fireplace With Gas Starter
  • Blinds
  • Drapes & Rods
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Pond
  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights
  • 46 Units
  • Office Association, Phone Number (847) 301-1133
  • Three Fountains On The Lake Subdivision
  • Property managed by ACM Community Management
  • Lock-and-Leave Community

Amenities

  • Clubhouse
  • Party Room
  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,013

Year Built

Built in 1975

Lot Details

4.36 Acres

HOA Fees

$566 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Three Fountains on the Lake
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Some Carpeting, Special Millwork, Some Window Treatmnt, Separate Dining Room
  • LivingArea: 1220
  • Other Equipment: TV-Cable, Intercom
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Storm Door(s)
  • Window Features: Blinds,Curtains/Drapes,Screens

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Lake Front, Pond(s), Water Rights, Water View
  • OtherStructures: Garage(s), Storage
  • Roof: Asphalt, Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 566
  • Association Amenities: Elevator(s), Storage, Party Room, Pool, Security Door Lock(s), Service Elevator(s), Tennis Court(s), Clubhouse, Elevator(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM Community Management
  • Management Contact Name: Office
  • Management Phone: 847-301-1133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights

Schools

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

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3013
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 24, 2022
Sold by
Budzynski Szymon and Andzelika Gabriela
Bought by
Lupu Valerian
Seller's Agent
Paulina Kozlowski
Exit Realty Redefined
Buyer's Agent
Liliya Sokhan
Charles Rutenberg Realty of IL
List Price
$219,900
Sold Price
$250,000
Premium/Discount to List
$30,100
13.69%
Current Estimated Value
$229,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,582
Avg. Annual Appreciation
-2.26%
Original Mortgage
$204,600
Outstanding Balance
$194,324
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$35,094

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 21, 2018
Sold by
Budzynski Szymon and Budzynski Andzelika Gabnela
Bought by
Budzynski Szymon and Budzynski Andzelika Gabriela
Seller's Agent
Jeff Salhani
REMAX Legends
Buyer's Agent
Edyta Rachwal
Baird & Warner
List Price
$174,900
Sold Price
$171,000
Premium/Discount to List
-$3,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$159,030
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 23, 2018
Sold by
Halloran John T O and Halloran Lynnlee N O
Bought by
Budzynski Szymon
Seller's Agent
Jeff Salhani
REMAX Legends
Buyer's Agent
Edyta Rachwal
Baird & Warner
List Price
$174,900
Sold Price
$171,000
Premium/Discount to List
-$3,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,030
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2008
Sold by
Ohalloran John and Ohalloran Lynn
Bought by
Ohalloran John T and Ohalloran Lynnlee N

Purchase Details

Closed on
Nov 10, 2005
Sold by
Ohalloran John T and The Beatrice M Ohalloran Trust
Bought by
Ohalloran John and Ohalloran Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2000
Sold by
Ohalloran Beatrice M
Bought by
Ohalloran Beatrice M and Beatrice M Ohalloran Trust
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
Lupu Valerian $250,000 None Listed On Document
Budzynski Szymon -- None Available
Budzynski Szymon -- Precision Title Company
Ohalloran John T -- First American Title Ins Co
Ohalloran John $93,000 --
Ohalloran Beatrice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lupu Valerian $204,600
Previous Owner Budzynski Szymon $159,030
Previous Owner Ohalloran John $90,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $250,000 +13.7% $205 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $219,900 +28.6% $180 / Sq Ft
04/30/2018 04/30/18 Sold $171,000 -2.2% -- View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $174,900 -- --
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 $3,663 $22,113 $1,660 $20,453
2024 $3,663 $16,156 $1,398 $14,758
2023 $2,735 $16,156 $1,398 $14,758
2022 $2,735 $16,156 $1,398 $14,758
2021 $1,233 $9,988 $917 $9,071
2020 $3,013 $9,988 $917 $9,071
2019 $3,042 $11,196 $917 $10,279
2018 $2,824 $9,361 $786 $8,575
2017 $2,768 $9,361 $786 $8,575
2016 $2,576 $9,361 $786 $8,575
2015 $2,170 $7,399 $698 $6,701
2014 $2,119 $7,399 $698 $6,701
2013 $2,139 $7,649 $698 $6,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11403342

Midwest Real Estate Data (MRED)

APN: 08-08-301-036-1002

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