$156,500
SOLD OCT 28, 2022

5501 Carriageway Dr Unit 202 Rolling Meadows, IL 60008

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

Recently Sold

$128 Per Sq Ft

8% Below List Price

Highlights

  • Waterfront
  • Lock-and-Leave Community
  • Community Pool
  • Rolling Meadows High School Rated A+
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2022

2 BR 2 FULL BATH WITH GARAGE. SECOND FLOOR UNITS ARE EXTREMELY DIFFICULT TO FIND. BALCONY OFF OF THE LIVING ROOM OVERLOOKS THE POND. UNIT HAS A FIREPLACE. LAUNDRY IN UNIT. ASSESSMENTS COVER A GREAT DEAL OF UTILITIES. FURNACE APPROXIMATELY 3 YEARS NEW. TAXES HAVE NO EXEMPTIONS. SOLD DURING PROCESSING

Last Agent to Sell the Property

Ellen Ritsos

HomeSmart Connect LLC License #475144809 Listed on: 10/10/2022

HomeSmart Connect LLC

Last Buyer's Agent

Ellen Ritsos

HomeSmart Connect LLC License #475144809 Listed on: 10/10/2022

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1975

Lot Details

  • Waterfront

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
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Fireplace With Gas Starter
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • 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

  • 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
  • 46 Units
  • Office Association, Phone Number (866) 473-2573
  • Three Fountains On The Lake Subdivision
  • Property managed by REAL MANAGE ILLINOIS
  • 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

0

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: 2
  • 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
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 169900
  • OtherStructures: Garage(s), Storage
  • 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: REAL MANAGE ILLINOIS
  • Management Contact Name: Office
  • Management Phone: 866-473-2573
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, 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 Junior High School
  • Middle/Junior School District: 15

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

Closed on
Nov 5, 2014
Sold by
Jbms Properties Llc
Bought by
Baczek John W

Purchase Details

Closed on
May 21, 2008
Sold by
Baczek John and Staisz Baczek Maria
Bought by
Jbms Properties Llc 5501 Rm

Purchase Details

Closed on
Mar 16, 2007
Sold by
Oberman John
Bought by
Baczek John and Staisz Baczek Maria

Purchase Details

Closed on
Oct 19, 2006
Sold by
Krzyzanowski Slawomir
Bought by
Oberman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2006
Sold by
Vypior Nowakowski Sophie
Bought by
Krzyzanowski Slawomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Damato Joseph J and Damato Joanne
Bought by
Vypior Nowakowski Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Source: Public Records

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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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $188,000 None Available
Warranty Deed $167,000 Heritage Title Company
Quit Claim Deed -- None Available
Warranty Deed $170,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,600 Unknown
Previous Owner $33,400 Credit Line Revolving
Previous Owner $250,000 New Conventional
Previous Owner $136,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $235,000 -1.7% $193 / Sq Ft
04/22/2025 04/22/25 For Sale $239,000 +52.7% $196 / Sq Ft
10/28/2022 10/28/22 Sold $156,500 -7.9% $128 / Sq Ft
10/12/2022 10/12/22 For Sale $169,900 -- $139 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
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 $3,775 $16,549 $1,432 $15,117
2023 $4,527 $16,549 $1,432 $15,117
2022 $4,527 $16,549 $1,432 $15,117
2021 $3,159 $10,231 $939 $9,292
2020 $3,087 $10,231 $939 $9,292
2019 $3,116 $11,468 $939 $10,529
2018 $2,892 $9,589 $805 $8,784
2017 $2,836 $9,589 $805 $8,784
2016 $2,639 $9,589 $805 $8,784
2015 $2,223 $7,579 $715 $6,864
2014 $2,171 $7,579 $715 $6,864
2013 $2,191 $7,835 $715 $7,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11650850

Midwest Real Estate Data (MRED)

APN: 08-08-301-036-1016