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

$461,600

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 2,310 sqft

502 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,419/mo*
Refinance Your Home
Currently Off Market - Sold Jun 16, 2023 for $427,500

Home Value

Trulia Estimate
$462K
Since last month
$200 (0%)
Since last year
Decreased$9K (-1.9%)
Since last sale
Increased$35K (+8.2%)
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 +74% in the last 10 years
MonthEstimated value
2026
September 2026$463K
August 2026$463K
July 2026$468K
June 2026$468K
May 2026$485K
April 2026$480K
March 2026$479K
February 2026$469K
January 2026$466K
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
500 Raef Rd, Downs, IL
0.02
Single-Family Home
$443,000
04/17/26
4
3
3,590
406 Raef Rd, Downs, IL
0.05
Single-Family Home
$430,000
12/03/25
4
3
3,490
507 Raef Rd, Downs, IL
0.06
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
109 Dugan Trl, Downs, IL
0.29
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
0.22
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd, Downs, IL
0.20
Single-Family Home
$195,000
11/26/25
3
2
1,725
8095 N 2000 East Rd E, Downs, IL
0.20
Single-Family Home
$195,000
11/14/25
3
2
1,625
131 N Gadwall Ln, Downs, IL
0.41
Single-Family Home
$282,500
09/23/26
3
3
1,783
8088 Elm Ave, Downs, IL
0.25
Single-Family Home
$250,000
11/13/25
3
2
1,309

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
0.02
$443,000
4
3
3,590
Recently Sold
406 Raef Rd, Downs, IL 61736
0.05
$430,000
4
3
3,490
Recently Sold
405 Raef Rd, Downs, IL 61736
0.06
$457,100
5
3.5
3,477
Off Market
102 Dode Dr, Downs, IL 61736
0.06
$489,700
4
3.5
4,263
Off Market
402 Raef Rd, Downs, IL 61736
0.08
$549,000
5
4.5
4,400
Off Market
505 Raef Rd, Downs, IL 61736
0.05
$473,700
4
3
3,242
Off Market
400 Raef Rd, Downs, IL 61736
0.10
$433,300
3
2.5
3,986
Off Market
507 Raef Rd, Downs, IL 61736
0.06
$428,500
4
2.5
3,669
Off Market
103 Ozzie Ct, Downs, IL 61736
0.11
$568,700
5
4.5
3,787
Off Market
306 Raef Rd, Downs, IL 61736
0.14
$461,700
5
3
3,570
Off Market
304 Raef Rd, Downs, IL 61736
0.15
$456,700
4
2.5
3,676
Off Market
8170 N 2000 East Rd E, Downs, IL 61736
0.14
$186,900
3
1
1,067
Off Market

Local Information

  • Map ViewExplore the area around 502 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2017
2,310 sqft
$200/sqft
Garage

About this House

What's unique:Gorgeous homeFenced in backyardFinished basementLarge bedroomLovely kitchen
Wonderful 1.5 story home with a 2 story family room. Newly fenced yard!!Beautiful Kitchen with granite counter tops, island eating bar, pantry and abundance of cabinets and counter space. Master Suite with walk in closet , his and hers vanities and tiled surround shower. 3 Bedrooms and Loft up. Great finished Basement with Family Room , Bedroom and full bath, Beautiful wood floors in Family Room and Kitchen.
502 Raef Rd, Downs, IL 61736 is a 5 bedroom, 4 bathroom, 2,310 sqft single-family home built in 2017. It last sold for $427,500 on Jun 16, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $461,600, with a rent estimate of $3,203/month.

Home Details for 502 Raef Rd

Interior Features

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

Exterior Features

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

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10471 sqft

Price and Tax history

DateEventPrice
Jun 16, 2023
Source: MRED as distributed by MLS GRID #11768549
Sold
$427,500
Jun 11, 2023
Source: MRED as distributed by MLS GRID #11768549
ListingRemoved
May 3, 2023
Source: MRED as distributed by MLS GRID #11768549
Contingent
$425,000
May 1, 2023
Source: MRED as distributed by MLS GRID #11768549
Listed For Sale
$425,000
Mar 25, 2019
Source: MRED as distributed by MLS GRID #10248207
Sold
$327,000

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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LGBTQ Local Legal Protections

Frequently asked questions about 502 Raef Rd

  • What is 502 Raef Rd estimated to be worth?
    Trulia's estimated value for 502 Raef Rd in Downs, IL is $461,600.
  • What is the price history for 502 Raef Rd?
    502 Raef Rd in Downs, IL last sold for $427,500 in June 2023.
  • 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 502 Raef Rd?
    The closest schools to 502 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 502 Raef Rd have air conditioning?
    Yes, 502 Raef Rd in Downs, IL has air conditioning.
  • How big is the lot at 502 Raef Rd?
    The lot at 502 Raef Rd in Downs, IL is about 0.24 acres (10,472 sq ft).

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