The Farmstone Ridge neighborhood is located just off of Naperville/Plainfield Rd. and 127th St. in Plainfield, IL. Each home was custom built on a premium lot by local area builders. Construction in Farmstone Ridge began in 2003, and the subdivision neighbors the private nearby gated Lakelands Community.
The students of Farmstone Ridge attend Liberty Elementary, John F. Kennedy Middle School, and Plainfield North High School, although Plainfield East High School will be opening as Plainfield's 4th high school this year. I've driven past the new school quite a few times over the last few weeks and it's coming along quite nicely!!!
When I was still working at Zen Salon in the plaza at the corner about 5 years ago, I met a lot of clients who lived in the neighborhood, which was nice because I know what a great neighborhood Farmstone Ridge really is. The ladies of the neighborhood get together quite often and I often wished I lived there so that I could be part of all of the festivities too!
The yearly assessment for Farmstone Ridge is $380 per year. As of today there are currently 5 homes actively listed for sale, and 4 properties have closed in the last 9 months. I usually only like to go 6 months out on comps, but in this sluggish real estate economy, we have to take what we can get!
Active Listings in Farmstone Ridge:
| Address |
List Price |
Bed/Bath |
| 12742 Pintail Rd. |
$479,900 |
4 bed / 2.5 bath |
| 12836 Scoter Ct. |
$487,700 |
4 bed / 3.1 bath |
| 23050 Eider Dr. |
$510,000 |
4 bed / 3.1 bath |
| 22849 Eider Ct. |
$519,700 |
4 bed / 2.1 bath |
| 22849 Weinhold Dr. |
$520,000 |
4 bed / 2.1 bath
|
Closed Listing In Farmstone Ridge in the Last 9 Months:
| Address |
Sold Sale Price |
Bed/Bath |
| 12751 Pintail Rd. |
$380,000 |
4 bed / 3.1 bath |
| 12812 Stellar Ln. |
$460,000 |
5 bed / 3.1 bath |
| 12827 Scoter Ct. |
$555,000 |
4 bed / 3.1 bath |
| 22802 Eider Ct. |
$575,000 |
4 bed / 3.1 bath |
Of the closed listings over the last 9 months, it should be noted that both 12751 Pintail Rd. and 12812 Stellar Ln. were bank owned or pre-foreclosure sales, which means that because of the urgency of liquidating the assets that the true value of the property was not captured in the sale of the property.
In this market, no community is immune to the effects that foreclosure brings to the table. While bank owned properties (REO's) usually do not affect the appraised value of regular residential property, short sales often times can, and do, bring down the closed comparable values for a neighborhood. This is due mainly to the fact that the bank never actually took repossession of the home and they are not truly considered "foreclosed" properties.
Despite all that has happened in the housing market over the last 2 years, Plainfield home values are still holding strong, not only against major cities all across the United States, but against neighboring communities in the northwest suburbs. Since 2005 Plainfield has still seen a 2% appreciation in real estate which is almost unheard of in real estate today!
Farmstone Ridge is just minutes from some really great shopping and dining. I know I help the Target at the corner of Rt. 59 and 127th street in business, and our favorite family restaurant is Red Robin right across the street! (Seriously, those are some really tasty burgers!)
As I mentioned before I used to be a stylist at the Zen Salon in the plaza at that intersection and a former client of mine who actually lives in Farmstone Ridge, owns the Dinners by Design franchise in Plainfield, just a few doors down from the salon! If you've never tried Dinners by Design I highly recommend it. Think of it as making 2 weeks of dinners in advance and not having to rush home to cook! This is priceless when the kids are in school and after school activities are at their peak...
Anyway, I think Farmstone Ridge in Plainfield is a great place to live, and I'd eagerly take a client there to show them any of the homes available for sale. Heck, I'd want to live there myself if I didn't already have a home of my own :) Want to check it out the houses for sale? Call me. I want to see them too!
