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

$485,900

Trulia Estimate
  • 6 Beds
  • 3.5 Baths
  • 4,458 sqft (on 0.28 acres)

501 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,524/mo*
Refinance Your Home
Currently Off Market - Sold Oct 6, 2020 for $352,500

Home Value

Trulia Estimate
$486K
Since last month
Decreased$900 (-0.2%)
Since last year
Increased$9K (+1.9%)
Since last sale
Increased$133K (+37.8%)
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 +43% in the last 10 years
MonthEstimated value
2026
September 2026$486K
August 2026$487K
July 2026$486K
June 2026$490K
May 2026$489K
April 2026$483K
March 2026$482K
February 2026$467K
January 2026$463K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
507 Raef Rd, Downs, IL
0.05
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
500 Raef Rd, Downs, IL
0.04
Single-Family Home
$443,000
04/17/26
4
3
3,590
406 Raef Rd, Downs, IL
0.06
Single-Family Home
$430,000
12/03/25
4
3
3,490
109 Dugan Trl, Downs, IL
0.30
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
110 Raef Rd, Downs, IL
0.27
Single-Family Home
$510,000
04/16/26
4
3
3,848
8212 Elm Ave, Downs, IL
0.21
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd E, Downs, IL
0.17
Single-Family Home
$195,000
11/14/25
3
2
1,625
113 S Pintail Ln, Downs, IL
0.71
Single-Family Home
$365,000
09/16/26
4
3.5
3,120
8095 N 2000 East Rd, Downs, IL
0.17
Single-Family Home
$195,000
11/26/25
3
2
1,725
110 S Gadwall Ln, Downs, IL
0.70
Single-Family Home
$344,472
06/22/26
3
2.5
3,158

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
500 Raef Rd, Downs, IL 61736
0.04
$443,000
4
3
3,590
Recently Sold
406 Raef Rd, Downs, IL 61736
0.06
$430,000
4
3
3,490
Recently Sold
405 Raef Rd, Downs, IL 61736
0.05
$455,100
5
3.5
3,477
Off Market
102 Dode Dr, Downs, IL 61736
0.02
$487,200
4
3.5
4,263
Off Market
402 Raef Rd, Downs, IL 61736
0.09
$546,400
5
4.5
4,400
Off Market
505 Raef Rd, Downs, IL 61736
0.03
$471,400
4
3
3,242
Off Market
400 Raef Rd, Downs, IL 61736
0.10
$431,800
3
2.5
3,986
Off Market
507 Raef Rd, Downs, IL 61736
0.05
$408,000
4
2.5
3,669
Recently Sold
103 Ozzie Ct, Downs, IL 61736
0.09
$565,800
5
4.5
3,787
Off Market
306 Raef Rd, Downs, IL 61736
0.14
$463,900
5
3
3,570
Off Market
304 Raef Rd, Downs, IL 61736
0.16
$456,700
4
2.5
3,676
Off Market
8170 N 2000 East Rd E, Downs, IL 61736
0.11
$184,600
3
1
1,067
Off Market

Local Information

  • Map ViewExplore the area around 501 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2016
0.28 acre lot
4,458 sqft
$109/sqft
Garage

About this House

This single-family home is located at 501 Raef Rd, Downs, IL. 501 Raef Rd is in Downs, IL and in ZIP code 61736. This property has 6 bedrooms, 4 bathrooms and approximately 4,458 sqft of floor space. This property has a lot size of 0.28 acres and was built in 2016.
501 Raef Rd, Downs, IL 61736 is a 6 bedroom, 4 bathroom, 4,458 sqft single-family home built in 2016. It last sold for $352,500 on Oct 6, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $485,900, with a rent estimate of $4,029/month.

Home Details for 501 Raef Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DishwasherMicrowave
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Vinyl, BrickFoundation Type: Other
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Oct 6, 2020
Source: MRED as distributed by MLS GRID #10647362
Sold
$352,500
Aug 18, 2020
Source: Agent Provided
Pending
$360,000
Jul 26, 2020
Source: Agent Provided
PriceChange
$360,000
Price decreased by 1%
Jul 11, 2020
Source: Agent Provided
PriceChange
$365,000
Price decreased by 3%
Jun 11, 2020
Source: Agent Provided
PriceChange
$375,000
Price decreased by 3%

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! "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 501 Raef Rd

  • What is 501 Raef Rd estimated to be worth?
    Trulia's estimated value for 501 Raef Rd in Downs, IL is $485,900.
  • What is the price history for 501 Raef Rd?
    501 Raef Rd in Downs, IL last sold for $352,500 in October 2020.
  • 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 501 Raef Rd?
    The closest schools to 501 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 501 Raef Rd have air conditioning?
    Yes, 501 Raef Rd in Downs, IL has air conditioning.
  • How big is the lot at 501 Raef Rd?
    The lot at 501 Raef Rd in Downs, IL is about 0.28 acres (12,390 sq ft).

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 501 Raef Rd

Skip to last item
Skip to first item

Homes for sale near 501 Raef Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item