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26619 Silverleaf Dr
Score
0
Plainfield, IL

26619 Silverleaf Dr

550K
4 bd • 5 ba • 3,566 sf

This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$549,900

Price/Sq.Ft

$154

Year Built

2005

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This 3,566 sqft home in North Plainfield offers exceptional value at $154.21/sqft, significantly below the area average of $200-$220/sqft. Built in 2005, it's relatively new and features recent updates including new carpeting, fresh paint, and an updated kitchen with natural stone countertops. The property boasts 4 bedrooms and 5 bathrooms, each with an en-suite, providing ample space and privacy. The Grande Park community offers extensive amenities including 3 pools, tennis courts, and a 100-acre park, enhancing the property's appeal. Located in the highly-rated Oswego East school district (8/10 for high school), it's ideal for families. The home's flood risk score of 1/10 is exceptionally low, reducing potential insurance costs and long-term risks.

The Bad

The property has been on the market for 190 days, significantly above the area average of 45-60 days, suggesting potential pricing or condition issues. The price has seen a recent 1.8% decrease, indicating possible challenges in attracting buyers. While the home has been updated, some systems like the furnace fan/blower are 5 years old and may need replacement in the near future. The unfinished basement, while offering potential, represents an additional investment for buyers looking for fully finished space. The air quality risk of 3/10 and heat risk of 3/10, while moderate, are higher than some buyers might prefer.

The Ugly

The property's price history shows significant volatility, with a 52.8% increase from its 2019 sale price of $366,500 to the current listing of $549,900. This rapid appreciation may not be sustainable and could lead to challenges in future resale. The area's rapid growth has led to infrastructure strain, potentially impacting quality of life with increased traffic and school crowding. Property taxes in Plainfield are known to be high due to growth and demand for services, which could significantly increase the total cost of ownership. The commute to downtown Chicago can be lengthy, potentially limiting the pool of interested buyers.

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Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for growing families with a household income of $180,000+ who prioritize space, modern amenities, and excellent schools. It suits buyers looking for a move-in ready home with potential for customization (unfinished basement). Investors might find it attractive for long-term appreciation, given the area's growth and the property's amenities. The multiple en-suite bedrooms make it suitable for multi-generational families or those who frequently host guests. Work-from-home professionals will appreciate the dedicated office space and the community's extensive recreational facilities.

Not For

This property is not suitable for first-time homebuyers or those with budgets under $550,000, given its price point and potential for high property taxes. Buyers seeking a shorter commute to Chicago or those prioritizing walkability to urban amenities may find the location challenging. It's not ideal for investors looking for immediate rental income, as the high purchase price may make it difficult to achieve positive cash flow in the short term. Those seeking a low-maintenance lifestyle might be deterred by the large lot size and extensive community amenities that could lead to higher HOA fees over time.
Demographics
Area Median Income

$140,845

Property History

Price History
Ownership Timeline
$366,500Financed
Jun 26, 2019
Michael A Noe JrAlbert Spears, Danielle Spears
Warranty Deed
Standard Sale (Purchase/Resales)
$251,000Financed
Mar 16, 2016
Saleem Mohammed, Saleema MohammedMichael Noe Jr
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jun 25, 2015
Patrick Mackey, Wells Fargo Bank NaSaleem Mohammed
Sheriffs Deed
Foreclosure
$377,500Cash Purchase
Oct 1, 2005
Pasquinelli Huntercrest LlcPatrick M Mackey, Daria A Mackey
Special Warranty Deed
New Construction Residential Transactions
$4,320,000Financed
Sep 15, 2004
Mpi-1 Development LlcPasquinelli Huntercrest Llc
Corporation Deed
New Construction Residential Transactions

Property Taxes

$12,669
2023 Tax Assessment
6.1%from previous year
Assessed Value$145,796
Tax Rate8.69%

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Climate Risks

airMINIMAL

3 bad air quality days per year

heatMINIMAL

7 extreme heat days per year

98th percentile: 102°F

windMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

fireMINIMAL

Insurance: Optional

Risk Analysis

The rapid price appreciation (52.8% since 2019) poses a risk of market correction, potentially impacting future resale value. Plainfield's infrastructure strain due to rapid growth could lead to increased property taxes and reduced quality of life over time. While flood risk is low (1/10), the moderate heat risk (3/10) may necessitate increased cooling costs and potential HVAC upgrades in the future. The home's systems, while updated, may start requiring more maintenance given the property's age (built in 2005). The unfinished basement, if left as-is, could be prone to moisture issues typical in the Illinois climate.
Insurance
Annual Cost

$1,980

$165 per month

Cost & Affordability

Monthly Costs

Breakdown of estimated monthly expenses for this property

Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements

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$550 monthly
$165 monthly

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Schools

Showing top 5 of 6 schools

Oswego East High School

PublicGrades 9-12
10/10
High
2,616 students

Plainfield North High School

PublicGrades 9-12
9/10
High
2,322 students

Walkers Grove Elementary School

PublicGrades K-5
8/10
Elementary
514 students

Richard Ira Jones Middle School

PublicGrades 6-8
7/10
Middle
894 students

Grande Park Elementary School

PublicGrades K-5
6/10
Elementary
591 students

Financials

Monthly Costs
Market Rent (4 bed)

$3,220

Get a detailed estimate on Zillow®
HOA Fee

$75

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$549,900
Price/sqft
$154
Layout
4 bd5 ba
Days on market
189 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$655,167

16.1%

Your price is 16.1% below average

Median Price

$661,000

16.8%

Based on 6 recent sales

Price per Sq.Ft

$188

18.0%

Your price is 18.0% below average $/sqft

Comparable Properties

12813 Skyline Drive, Plainfield, IL 60585
Price: $661,000
Sq.Ft: 3,300
Beds/Baths: 5/5
$/Sq.Ft:
$20029.9%
Sale Date: 10/25/2024
26411 Silverleaf Drive, Plainfield, IL 60585
Price: $680,000
Sq.Ft: 4,150
Beds/Baths: 5/5
$/Sq.Ft:
$1646.3%
Sale Date: 10/10/2024
13422 Lindengate Court, Plainfield, IL 60585
Price: $635,000
Sq.Ft: 3,121
Beds/Baths: 5/5
$/Sq.Ft:
$20331.9%
Sale Date: 9/18/2024
12819 Skyline Drive, Plainfield, IL 60585
Price: $660,000
Sq.Ft: 2,964
Beds/Baths: 5/5
$/Sq.Ft:
$22344.4%
Sale Date: 9/19/2024
26302 Whispering Woods Court, Plainfield, IL 60585
Price: $695,000
Sq.Ft: 3,870
Beds/Baths: 4/5
$/Sq.Ft:
$18016.5%
Sale Date: 8/9/2024
26109 Mapleview Drive, Plainfield, IL 60585
Price: $600,000
Sq.Ft: 3,742
Beds/Baths: 4/4
$/Sq.Ft:
$1604.0%
Sale Date: 10/13/2024

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