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

$398,600

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 1,795 sqft

503 Raef Rd, Downs, IL 61736

Est. Refi. Payment $2,963/mo*
Refinance Your Home
Currently Off Market - Sold Oct 10, 2019 for $287,500

Home Value

Trulia Estimate
$399K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$8K (+2.2%)
Since last sale
Increased$111K (+38.6%)
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 +23% in the last 10 years
MonthEstimated value
2026
September 2026$398K
August 2026$400K
July 2026$402K
June 2026$403K
May 2026$401K
April 2026$396K
March 2026$394K
February 2026$386K
January 2026$380K
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
0.03
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
500 Raef Rd, Downs, IL
0.05
Single-Family Home
$443,000
04/17/26
4
3
3,590
406 Raef Rd, Downs, IL
0.07
Single-Family Home
$430,000
12/03/25
4
3
3,490
8095 N 2000 East Rd, Downs, IL
0.16
Single-Family Home
$195,000
11/26/25
3
2
1,725
8212 Elm Ave, Downs, IL
0.19
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd E, Downs, IL
0.16
Single-Family Home
$195,000
11/14/25
3
2
1,625
131 N Gadwall Ln, Downs, IL
0.37
Single-Family Home
$282,500
09/23/26
3
3
1,783
8088 Elm Ave, Downs, IL
0.22
Single-Family Home
$250,000
11/13/25
3
2
1,309
8198 Pine Ave, Downs, IL
0.14
Single-Family Home
$192,900
04/10/26
3
1
1,509
110 Raef Rd, Downs, IL
0.28
Single-Family Home
$510,000
04/16/26
4
3
3,848

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
505 Raef Rd, Downs, IL 61736
0.02
$473,700
4
3
3,242
Off Market
507 Raef Rd, Downs, IL 61736
0.03
$428,500
4
2.5
3,669
Off Market
500 Raef Rd, Downs, IL 61736
0.05
$443,000
4
3
3,590
Recently Sold
102 Dode Dr, Downs, IL 61736
0.03
$489,700
4
3.5
4,263
Off Market
406 Raef Rd, Downs, IL 61736
0.07
$430,000
4
3
3,490
Recently Sold
405 Raef Rd, Downs, IL 61736
0.07
$457,100
5
3.5
3,477
Off Market
402 Raef Rd, Downs, IL 61736
0.10
$549,000
5
4.5
4,400
Off Market
8170 N 2000 East Rd E, Downs, IL 61736
0.10
$186,900
3
1
1,067
Off Market
103 Ozzie Ct, Downs, IL 61736
0.11
$568,700
5
4.5
3,787
Off Market
400 Raef Rd, Downs, IL 61736
0.12
$433,300
3
2.5
3,986
Off Market
8224 Pine Ave, Downs, IL 61736
0.13
$204,400
3
1
1,335
Off Market
8198 Pine Ave, Downs, IL 61736
0.14
$192,900
3
1
1,509
Recently Sold

Local Information

  • Map ViewExplore the area around 503 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
1,795 sqft
$222/sqft
Garage

About this House

Better than new ranch in Beecher Trails! This amazing home has an open floor plan with vaulted ceiling, beautiful wood floors, and tons of windows in the main living areas. The nicely finished kitchen has quartz countertops, subway tile backsplash, stainless steel appliances, tons of cabinets, and a HUGE pantry! The high quality & luxurious carpets welcome you to three bedrooms on the main level. The master has 2 walk-in closets and a bath with separate vanities and a walk-in tiled shower. The lower level has lots of natural light with daylight windows, a large 4th bedroom, full bath, and generously sized family room. The finishes and upgrades make this home a great value! Quality building and construction! This home is exceptional.
503 Raef Rd, Downs, IL 61736 is a 4 bedroom, 3 bathroom, 1,795 sqft single-family home built in 2016. It last sold for $287,500 on Oct 10, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $398,600, with a rent estimate of $2,707/month.

Home Details for 503 Raef Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Additional StorageNumber of Rooms: 8Types of Rooms: Dining Room, Family RoomStorage
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stone, Vinyl, BrickFoundation Type: OtherPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 10031 sqft

Price and Tax history

DateEventPrice
Oct 10, 2019
Source: MRED as distributed by MLS GRID #10248697
Sold
$287,500
Sep 11, 2019
Source: Agent Provided
Pending
$297,500
May 28, 2019
Source: Agent Provided
PriceChange
$297,500
Price decreased by 3%
Apr 5, 2019
Source: Agent Provided
PriceChange
$307,500
Price decreased by 2%
Oct 1, 2018
Source: Agent Provided
Listed For Sale
$315,000

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 503 Raef Rd

  • What is 503 Raef Rd estimated to be worth?
    Trulia's estimated value for 503 Raef Rd in Downs, IL is $398,600.
  • What is the price history for 503 Raef Rd?
    503 Raef Rd in Downs, IL last sold for $287,500 in October 2019.
  • 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 503 Raef Rd?
    The closest schools to 503 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 503 Raef Rd have air conditioning?
    Yes, 503 Raef Rd in Downs, IL has air conditioning.
  • How big is the lot at 503 Raef Rd?
    The lot at 503 Raef Rd in Downs, IL is about 0.23 acres (10,030 sq ft).

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