306 Raef Rd, Downs, IL 61736
Property image
Property image
OFF MARKET

$463,900

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 3,570 sqft

306 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,396/mo*
Refinance Your Home
Currently Off Market - Sold Oct 11, 2024 for $428,000

Home Value

Trulia Estimate
$464K
Since last month
Decreased$5K (-1.1%)
Since last year
Decreased$800 (-0.2%)
Since last sale
Increased$32K (+7.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +4% in the last 10 years
MonthEstimated value
2026
September 2026$460K
August 2026$466K
July 2026$477K
June 2026$481K
May 2026$476K
April 2026$469K
March 2026$474K
February 2026$471K
January 2026$463K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
406 Raef Rd, Downs, IL
0.09
Single-Family Home
$430,000
12/03/25
4
3
3,490
500 Raef Rd, Downs, IL
0.12
Single-Family Home
$443,000
04/17/26
4
3
3,590
507 Raef Rd, Downs, IL
0.19
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
109 Dugan Trl, Downs, IL
0.16
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
110 Raef Rd, Downs, IL
0.13
Single-Family Home
$510,000
04/16/26
4
3
3,848
Address Not Disclosed, Bloomington, IL
0.30
Single-Family Home
$480,000
05/01/26
4
3
3,640
8212 Elm Ave, Downs, IL
0.35
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd E, Downs, IL
0.30
Single-Family Home
$195,000
11/14/25
3
2
1,625
113 S Pintail Ln, Downs, IL
0.80
Single-Family Home
$365,000
09/16/26
4
3.5
3,120

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
304 Raef Rd, Downs, IL 61736
0.02
$456,700
4
2.5
3,676
Off Market
400 Raef Rd, Downs, IL 61736
0.04
$431,800
3
2.5
3,986
Off Market
402 Raef Rd, Downs, IL 61736
0.06
$546,400
5
4.5
4,400
Off Market
300 Raef Rd, Downs, IL 61736
0.05
$461,400
4
3
3,242
Off Market
103 Ozzie Ct, Downs, IL 61736
0.09
$565,800
5
4.5
3,787
Off Market
205 Eldon Dr, Downs, IL 61736
0.08
$525,000
5
3.5
3,716
For Sale
405 Raef Rd, Downs, IL 61736
0.09
$455,100
5
3.5
3,477
Off Market
406 Raef Rd, Downs, IL 61736
0.09
$430,000
4
3
3,490
Recently Sold
202 Eldon Dr, Downs, IL 61736
0.11
$465,100
5
2.5
3,585
Off Market
500 Raef Rd, Downs, IL 61736
0.12
$443,000
4
3
3,590
Recently Sold
102 Dode Dr, Downs, IL 61736
0.15
$487,200
4
3.5
4,263
Off Market

Local Information

  • Map ViewExplore the area around 306 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2022
3,570 sqft
$130/sqft
3 Car Garage

About this House

What's unique:Walk-in pantryAwesome mud roomQuartz countertopsNew stainless steel appliances
Want a new construction home without the hassle of new construction? This home built just over a year ago is completely move-in ready. The owners are being transferred out of state, so this is your chance! This home is everything you have been searching for; Including 5 generously sized bedrooms, 3 full bathrooms, new stainless steel appliances, quartz countertops, a walk-in pantry, an awesome mud room, a freshly poured concrete pad with a hot tub that stays with the home, and contemporary style and design. On the outskirts of Bloomington in the highly desired and award winning Tri-Valley schools. This home is Empty/Cleaned and ready for occupancy, very motivated sellers!
306 Raef Rd, Downs, IL 61736 is a 5 bedroom, 3 bathroom, 3,570 sqft single-family home built in 2022. It last sold for $428,000 on Oct 11, 2024 (3% below the $440,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $463,900, with a rent estimate of $3,680/month.
Last check for updates: about 1 hour ago
Listed by Tracy Lockenour, (309) 222-1792
HomeSmart Realty Group Illinois
Brady Lockenour, (309) 397-5544
HomeSmart Realty Group Illinois
Bought with: Stephen Sovereign, (309) 826-4646, Coldwell Banker Real Estate Group
Source: MRED as distributed by MLS GRID, MLS#12064303

Home Details for 306 Raef Rd

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3570 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Purifier Rented, Water Softener RentedDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Family RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Concrete,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl Siding, BrickNot a New Construction
Property Information
Parcel Number: 2232480013

Price & Status

Price
List Price: $440,000
Status Change & Dates
Off Market Date: Thu Aug 22 2024Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: DownsCommunity: Beecher Trails
School Information
Elementary School: Tri-Valley Elementary SchoolElementary School District: 3Jr High / Middle School: Tri-Valley Junior High SchoolJr High / Middle School District: 3High School: Tri-Valley High SchoolHigh School District: 3

Building

Building Area
Building Area: 3570 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 10114.632 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12064303

Additional Information

Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Oct 11, 2024
Source: MRED as distributed by MLS GRID #12064303
Sold
$428,000
Aug 31, 2024
Source: MRED as distributed by MLS GRID #12064303
Contingent
$440,000
Jul 16, 2024
Source: MRED as distributed by MLS GRID #12064303
PriceChange
$440,000
Price decreased by 2%
Jun 29, 2024
Source: MRED as distributed by MLS GRID #12064303
PriceChange
$449,000
Price decreased by 2%
Jun 5, 2024
Source: MRED as distributed by MLS GRID #12064303
PriceChange
$459,000
Price decreased by 1%

Market trends in Downs

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
2MoM

Around this home

What Locals Say about Downs

At least 2 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 80 % Say people would walk alone at night

  • 80 % Say car is needed

  • 80 % Say neighbors are friendly

  • 75 % Say kids play outside

  • 67 % Say there's wildlife

  • 67 % Say there are community events

  • 50 % Say it's dog friendly

  • 33 % Say they plan to stay for at least 5 years

  • 25 % Say it's walkable to grocery stores

  • 20 % Say it's walkable to restaurants

  • 20 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Marjorie G.
    "This is a quiet, lovely place in the country that is only 10 minutes from Bloomington, IL which has just about everything. It is a horse farm that could house just about any pet or hobby that you could want. Beautiful mature oak trees and winding creek in private pasture. Very difficult to find something like this close to town. Seeing is believing! "
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    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 306 Raef Rd

  • What is 306 Raef Rd estimated to be worth?
    Trulia's estimated value for 306 Raef Rd in Downs, IL is $463,900.
  • What is the price history for 306 Raef Rd?
    306 Raef Rd in Downs, IL last sold for $428,000 in October 2024.
  • Is Downs a buyer's or seller's market?
    Downs is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 306 Raef Rd?
    The closest schools to 306 Raef Rd in Downs, IL are Tri-Valley Elementary School (Pre-K, rated 10/10), Tri-Valley High School (rated 10/10), Tri-Valley Middle School (Elementary, rated 7/10).
  • Does 306 Raef Rd have air conditioning?
    Yes, 306 Raef Rd in Downs, IL has air conditioning.
  • Does 306 Raef Rd have laundry facilities?
    Yes, 306 Raef Rd in Downs, IL has in-unit laundry.

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