The most recent home sale closings in the Wesmere Subdivision in Plainfield IL are:

2010 Closings:

• 5826 Emerald Pointe Dr. closed on 2/4/10 for $155,000 as a short sale
• 2216 Preston Lakes Ct. closed on 1/29/20 for $185,000 as a short sale

 2009 Closings:

• 1702 Whispering Oaks Dr. closed on 1/29/09 for $120,000
• 1711 Heritage Pointe Dr. closed on 11/16/09 for $107,500 as a foreclosure
• 5915 Arbor Gate Dr. closed on 06/26/09 for $124,500 as a foreclosure
• 2208 Portside Lakes Ct. closed on 4/24/09 for $135,000 as a foreclosure
• 5914 Glass Pointe Ct. closed on 10/21/09 for $140,000 as a foreclosure
• 1915 Chestnut Grove Dr. closed on 5/1/09 for $141,000 as a foreclosure
• 2004 Prairie Ridge Dr. closed on 6/12/09 for $150,000 as short sale
• 2223 Preston Lakes Ct. closed on 7/29/09 for $155,000
• 1623 Manor Oaks Dr. closed on 3/25/09 for $159,000 as a short sale
• 1609 Lake Pointe Ct. closed on 8/11/09 for $165,000 as a short sale
• 5757 Lake Pointe Dr. closed on 5/19/09 for $165,000 as a short sale
• 1714 Hidden Oaks Ct. closed on 9/29/09 for $165,000 as a foreclosure
• 1818 Prairie Ridge Dr. closed on 10/29/09 for $165,000 as a foreclosure
• 1912 Spring Ridge Dr. closed on 12/29/09 for $172,000 as a short sale
• 1912 Westmore Grove Dr. closed on 9/22/09 for $180,000 as a foreclosure
• 1820 Arbor Falls Dr. closed on 7/9/09 for $183,000
• 5827 Emerald Pointe Dr. closed on 10/16/09 for $184,000
• 5915 Lake Pointe Dr. closed on 6/16/09 for $185,000
• 1914 Westmore Grove Dr. closed on 6/1/09 for $188,700
• 1811 Arbor Gate Dr. closed on 5/18/09 for $190,000 as a foreclosure
• 1728 Tall Oaks Dr. closed on 5/1/09 for $193,000 as a short sale
• 1902 Prairie Ridge Dr. closed on 8/16/09 for $195,000
• 1713 Manor Oaks Dr. closed on 8/24/09 for $199,900
• 1905 Prairie Ridge Dr. closed on 2/20/09 for $203,000
• 2311 Willow Oaks Dr. closed on 4/7/09 for $205,000
• 1917 Arbor Fields Dr. closed on 10/14/09 for $209,000
• 1913 Long Ridge Ct. closed on 6/12/09 for $216,000
• 1916 Westmore Grove Dr. closed on 5/15/09 for $218,000
• 5501 Hickory Grove Dr. closed on 9/2/09 for $236,500
• 1900 Arbor Fields Dr. closed on 11/10/09 for $237,900
• 5609 Sierra Highlands Dr. closed on 6/29/09 for $240,000
• 5307 Brier Glen closed on 7/16/09 for $240,000
• 2001 Ridge Moor Dr. closed on 8/10/09 for $240,100
• 1907 Maple Glen closed on 7/1/09 for $241,000
• 1704 Sierra Highlands closed on 4/10/09 for $280,000

2008 Closings:

• 2121 Willow Lakes Dr. closed on 9/12/08 for $173,000
• 2049 Winding Lakes Dr. closed on 10/31/08 for $180,000
• 5808 Lake Pointe Dr. closed on 1/16/09 for $190,000
• 1905 Prairie Ridge Dr. closed on 2/20/09 for $203,000
• 2200 Brindlewood Dr. closed on 3/3/09 for $206,000
• 1881 Westmore Grove Dr. closed on 12/19/08 for $208,000
• 5310 Floralwood Ct. closed on 12/15/08 for $211,000
• 1907 Spring Ridge Dr. closed on 1/30/09 for $215,000
• 5208 Brindlewood Dr. closed on 9/25/08 for $222,750
• 5406 Maple Glen Ct. closed on 9/10/08 for $228,000
• 5301 N Brier Glen Dr. closed on 10/17/08 for $255,000
• 1920 Chestnut Grove Dr. closed on 9/29/08 for $255,000
• 1714 Sierra Highlands Dr. closed on 9/19/08 for $257,000
• 1700 Grand Highlands Dr. closed on 12/05/08 for $259,000
• 1605 Grand Highlands Dr. closed on 10/03/08 for $266,500

If you want to know what your home in the Wesmere subdivision is worth, or have a property in another subdivision in Plainfield IL, contact me at the tab on the top of this page or call me at 630-673-6233. It would be my pleasure to help you with any of your real estate questions.

Are you behind in your mortgage payments?  You may qualify for a loan modification or short sale.  Call me to find out if you qualify for either of these programs.

Julie Ferenzi | Realtor®
Plainfield IL Real Estate
630-673-6233

Wow, it’s been crazy out there!  I’ve been back to work since Leo was about 5 days old…

That said, it’s not how I would have chose to spend his first 5 weeks of life, but this $8,000 tax credit has buyers scrammbling to purchase their first home before the end of the year… and in this sucky real estate market, I’m not taking anthing for granted.

Things are slowing down now just a bit, but there are still deals to be had.  I’ve written contracts with multiple offers… and I never thought I’d see that in this market.   They have been on mainly bank owned properties from buyers who are tired of waiting for bank approvals on their short sale offers, but none the less… they are stressful situations.

Two things affecting offers on these properties:

• the type of financing.
• closing cost concessions.

Banks are accepting the strongest offers on their properties that have the highest likeliness of closing, choosing conventional loans first, followed by conventional loans with closing costs, followed by FHA loans, and lastly… FHA loans with closing cost concessions.

Hopefully things will continue along at this pace.  I wasn’t hopeful that this program would be helpful in reducing the available inventory in the Plainfield IL market, but it looks like it has had a positive effect.  I am optimistic it will continue to keep buyers interested in becoming homeowners.

Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

The 1st quarter numbers for the single-family Naperville IL market are in:

In the first quarter of this year, 145 single-family homes were sold.

The average list price for a single-family home in Naperville is $436,662. The average sale price is $405,476.  Based on these numbers if you are selling a home in Naperville IL you can expect to get about 93% of your asking price in this market.

Homes with 4 bedrooms made up 66.2% of the homes sold in the first 3 months of 2009, while homes with 3 bedrooms made up about 24.1% of the market share.

4 bedroom homes are selling at about 93% of the average list price of $455,102, which means they are selling for an average closed price of $424,604.

3 bedroom homes are selling at about 94% of the average list price of $290,046 for a single-family home in Naperville, which means they are closing at an average closed sale price of $272,886.

5 bedroom single-family homes in Naperville only make up about 7.5% of the total sales.  The 5 bedroom homes are only getting about 89% of their average list price of $770,495 for an average sale price of $689,500.

If you, or someone you know are thinking about listing your home for sale in Naperville IL this Spring call me at 630-673-6233.

If you are behind in payments you may qualify for a short sale or loan modification.  Call me to confidentially discuss your options regarding foreclosure.

Julie Ferenzi | Realtor®
Naperville IL Homes
630-673-6233

Many Plainfield IL homeowners are facing the possibility of foreclosure.  The thought of losing the roof over your head is a scary concept, especially if you are worried about the well being of your family and their future.

If you are facing foreclosure in Plainfield IL and don’t know what steps to take to either proceed with a short sale or attempt a loan modification, call me to explore the possibility of negotiating on your behalf.

Why is what I do different from what other Realtors® are doing in regard to short sales in Plainfield IL? 

If there is any possibility of having you keep your home, my loan modification negotiator will begin the process of a loan modification to utilize the option of a short sale as a last resort, unless it’s your preference to attempt a short sale right from the beginning.  I feel much better listing a home in foreclosure knowing that every attempt was made to keep the homeowner in the home.

There are qualifying criteria required to perform not only a short sale, but a loan modification as well.  Call me to discuss the possibility of avoiding a foreclosure through either selling your home through a short sale, or by re-negotiating your debt through a loan modification at 630-673-6233.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

Like many homeowners in Plainfield IL, you might be hoping for a lower tax bill this year due to the declining real estate values in your neighborhood.  Unfortunately, that will most likely not be the case.

According to the Will County Supervisor of Assessments, Will County taxes are based on a 3 year study, which means that property taxes are always paid 1 year in arrears.  Based on that information, the study this year includes real estate values from 2005, 2006 and 2007.

2005, as we all know, was the peak of the housing market bubble when home values were still doing quite well.

The assumption is that because the foreclosures have brought down the value of the homes in the neighborhood, that the taxes would automatically decrease, but that simply isn’t true.  While the foreclosures in your neighborhood may have caused the residential equalized assessed valuation to decline, the remaining Plainfield homeowners are left to bear the brunt of these abandoned and bank owned homes.

The spending requested by your local Plainfield or Will County government is the most significant determining factor in whether or not your taxes increase or decrease.  Taxing districts requested spending, determines how much money must be raised through property tax revenue.   If there is an increase in spending in the district, even if property values are declining…taxes will go up.  If there is a decrease in the budget, there is a possibility taxes could go down, depending on whether or not property values are increasing or declining at the time of the assessment.

Here are the Will County Supervisor of Assessments FAQ’s.

If you disagree with the assessed fair market value of your home, contact your Will County Township Assessor to review your homes value before filing a complaint.  If you still disagree with your assessed value, you may file an appeal with the Will County board of review.  You can pick up the forms in the office or access them online.

If you, or someone you know is interested in buying or selling a home in the Plainfield IL area, call me at 630-673-6233.  

If you are behind in payments, you may qualify for a short sale or loan modification.  Call me to confidentially discuss the your foreclosure situation.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

The following single family Plainfield IL homes have recently closed in the Lakewood On Caton Farm subdivision:

March 2009:

• 2703 Telluride Ct. closed on 3/31/09 for $225,000

January 2009:

• 2714 Crested Butte Trail closed on 1/16/09 for $155,000 as an REO

Lakewood On Caton Farm is located on Caton Farm Rd. just west of Rt. 59 in Plainfield IL.   Built by Lakewood Homes beginning around 1998, the neighborhood features single family homes, town homes, and duplexes.  The yearly association fee for the neighborhood is $165 for the single family homes. There is also a park located in the center of the neighborhood.

The students in the neighborhood attending public school go to the following Plainfield schools:

• Charles Reed Elementary
• Aux Sable Middle School
• Plainfield South High School

If you, or someone you know is interested in buying or selling a home in the Lakewood On Caton Farm subdivision in Plainfield IL, call me at 630-673-6233.

If you are behind in your mortgage payments, call me to confidentially discuss your options regarding foreclosure.  You may qualify for a short sale or loan modification.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

The following single family properties have recently closed in the Hampton Glen subdivision in Plainfield IL:

February 2009

• 1308 Bridgehampton Dr. closed on 2/25/09 for $141,000 as a short sale

December 2008

• 5202 Pontigo Glen Dr. closed on 12/05/08 for $193,000 as a short sale

October 2008

• 1409 Bridgehampton Dr. closed on 10/15/08 for $225,000

September 2008

• 5105 Gardiner Glen Dr. closed on 9/25/08 for $195,000 as a short sale

The following towhomes have recently closed in the neighborhood:

March 2009

• 5130 Freeport Ct. closed on 3/2/09 for $173,000

November 2008

• 5005 Norwalk Ct. closed on 11/24/08 for $129,000 as an REO
• 5110 Williston Ct. closed on 11/25/08 for $153,500
• 5102 Edgewater Ct. closed on 11/7/08 for $176,000

The Hampton Glen subdivision is located on Theodore Rd. just west of Rt. 59 near the Shorewood Wal-Mart and Family Video.  The subdivision was developed by Centex Homes starting in 2002.  There is a homeowners association for both the town house owners and the single family homes.  The town homes pay $152 monthly to the association and the annual year assessment for the single family homes is $125.

If you, or someone you know is interested in buying or selling a home in the Hampton Glen subdivision in Plainfield IL, call me at 630-673-6233.

If you are behind in your mortgage payments, call me to confidentially discuss your options regarding foreclosure.  You may qualify for a short sale or loan modification.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

The following properties recently closed in the Brighton Lakes Subdivision in Plainfield IL:

January 2009

• 1803 Chestnut Hill Rd. closed on 1/28/09 for $201,000

December 2008

• 5005 Brighton Ln. closed on 12/11/08 for $281,500

  

The Brighton Lakes subdivision is located near Rt. 59 and Theodore Rd in Plainfield IL.  The neighborhood features a private clubhouse and pool for resident use. There is a homeowners association for the community of $70 per month, which includes the use of the clubhouse and pool.

The homes in the Brighton Lakes were built around 1996, but I’m not sure who the builder of this community was since I didn’t leave here when the community was being built.

Students in the neighborhood attend the following public schools:

• River View Elementary
• Timber Ridge Middle School
• Plainfield Central High School

If you, or someone you know, are interested in buying or selling a home in the Brighton Lakes subdivision in Plainfield IL, call me at 630-673-6233.

If you are behind in your mortgage payments you may qualify for a short sale or loan modification.  Call me to confidentially discuss your situation.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

The following closed real estate transactions for properties in Plainfield, in the Grande Park subdivsion are:

• 26537 Rustling Birch Way closed on 10/27/08 for $349,990
• 13303 Morning Mist closed on 10/03/08 for $362,000
• 26661 Lindengate Cir. closed on 1/30/09 for $362,500
• 12904 Peppertree Dr. closed on 10/30/08 for $367,000
• 12712 Grande Pines Blvd. closed on 2/01/09 for $389,900
• 27114 Rustic Woods Ave. closed on 2/13/09 for $415,000
• 13426 Lindengate Ct. closed on 9/25/08 for $425,000
• 26005 Whispering Woods Cir. closed on 2/05/09 for $445,000
• 26501 Rustling Birch Way closed on 12/12/08 for $455,800
• 26112 Oakcrest Ln. closed on 11/14/08 for $472,500
• 12842 Grande Pines Blvd. closed on 9/20/08 for $475,000
• 13033 Timber Wood Cir. closed on 10/31/2008 for $525,000
• 27015 Rustic Wood Ln. closed on 11/21/08 for $549,900
• 12911 Grande Pines Blvd. closed on 9/17/08 for 560,000
• 12924 Grande Pines Blvd. closed on 2/13/09 for $644,678

The Grande Park Subdivision in Plainfield IL is comprised of custom and luxury single family homes on premium home sites. The Grande Park subdivision is located near Rt. 30 and 127th  Street in Plainfield IL.  Construction in the community began in 2006 and homesites are currently available for new construction, though many of the custom home builders in that area have spec homes available for purchase.

Students attending public school in the Grand Park Subdivision in Plainfield IL attend the following schools if they are in the Kendall County and Oswego Township section of the subdivision:

• Grande Park Elementary
• Bednarcik Jr High
• Oswego East High School

Students attending public school in the Grande Park subdivision in Plainfield IL attend the following schools if they are in the Will County and Wheatland Township section of the subdivision:

• Walkers Grove Elementary
• Richard Ira Jones Middle School
• Plainfield North High School

If you want to know what your home in the Grande Park Subdivision is worth, or have a property in another subdivision in Plainfield IL, contact me at the tab on the top of this page or call me at 630-673-6233. It would be my pleasure to help you with any of your real estate questions.

Are you behind in your mortgage payments?  You may qualify for a loan modification or short sale.  Call me at 630-673-6233 to find out if you qualify for either of these programs.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

The following properties have recently closed in the Liberty Grove subdivision in Plainfield IL:

• 14415 Meadow Ln. closed on 3/13/09 for $210,000
• 14719 Independence Dr. closed on 9/10/08 for $252,000
• 25217 Declaration Dr. closed on 10/24/08 for $255,000
• 25216 Soldier Ct. closed on 1/20/09 for $259,000
• 15160 Freedom Way closed on 3/06/09 for $290,000
• 15215 Freedom Way closed on 11/14/08 for $319,000

The Liberty Grove subdivision is located just south of historic downtown Plainfield IL.  The Liberty Grove neighborhood features a community pool, park, and pond, in addition to an on-site elementary school located centrally within the neighborhood.

The neighborhood was built by Cambridge Homes beginning around 2003.  There are two separate phases to the development: the Executive Series and the Horizon Series.  The differentiation between these two sections in Liberty Grove is the exterior style of the architecture as well as the interior features and price points.

Students who attend public school in the Liberty Grove subdivision in Plainfield IL go to the following schools:

• Lincoln Elementary
• Richard Ira Jones Middle School
• Plainfield North High School

If you want to know what your home in the Liberty Grove subdivision is worth, or have a property in another subdivision in Plainfield IL, contact me at the tab on the top of this page or call me at 630-673-6233. It would be my pleasure to help you with any of your real estate questions.

Are you behind in your mortgage payments?  You may qualify for a loan modification or short sale.  Call me to find out if you qualify for either of these programs.

Julie Ferenzi | Realtor®
Plainfield IL Real Estate
630-673-6233

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