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

306 Raef Rd
Downs, IL 61736

  • 5 Beds
  • 3 Baths
  • 3,570 sqft

$481,900

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,518/mo*

$481,900

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,518/mo*
5 Beds
3 Baths
3,570 sqft

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

Property Type
Single-Family Home
Year Built
2022
Living Area
3,570 sqft
Price/Sqft
$135
Parking
3 Car Garage

About this House

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). It is currently off market. The Trulia Estimate is $481,900, with a rent estimate of $4,001/month.

Home Details for 306 Raef Rd

Active Status

MLS Status: Closed

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

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
Last check for updates: about 8 hours 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

Price History for 306 Raef Rd

DatePriceEventSource
10/11/2024$428,000Sold
MRED as distributed by MLS GRID #12064303
08/31/2024$440,000ContingentMRED as distributed by MLS GRID #12064303
07/16/2024$440,000PriceChange
MRED as distributed by MLS GRID #12064303
06/29/2024$449,000PriceChange
MRED as distributed by MLS GRID #12064303
06/05/2024$459,000PriceChange
MRED as distributed by MLS GRID #12064303
05/23/2024$465,000Listed For SaleMRED as distributed by MLS GRID #12064303
02/17/2023$450,000Sold
MRED as distributed by MLS GRID #11693770
01/18/2023$450,000ContingentMRED as distributed by MLS GRID #11693770
01/02/2023$450,000Listed For SaleMRED as distributed by MLS GRID #11693770

Market trends in Downs

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
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Property Tax and Assessment

Year2024
Tax$13,832
Assessment$492,393
Home facts updated by county records

Comparable Sales for 306 Raef Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Single-Family Home
$430,000
12/03/25
4
3
3,490
0.12
Single-Family Home
$443,000
04/17/26
4
3
3,590
0.19
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
0.16
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
0.06
Single-Family Home
$518,000
08/13/25
5
4.5
4,400
0.13
Single-Family Home
$510,000
04/16/26
4
3
3,848
0.30
Single-Family Home
$480,000
05/01/26
4
3
3,640
0.30
Single-Family Home
$195,000
11/14/25
3
2
1,625

Nearby homes

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Assigned Schools

These are the assigned schools for 306 Raef Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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! "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 306 Raef Rd

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Off Market Homes Near 306 Raef Rd

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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 $481,900.
  • 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.
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