503 Raef Rd
Downs, IL 61736
4 Beds
3 Baths
1,795 sqft
4 Beds
3 Baths
1,795 sqft
Local Information
- Map ViewExplore the area around 503 Raef Rd.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2016
Living Area
1,795 sqft
Price/Sqft
$223
Parking
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. It is currently off market. The Trulia Estimate is $399,900, with a rent estimate of $2,804/month.
Home Details for 503 Raef Rd
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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 |
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Exterior Home Features Roof: OtherExterior: Stone, Vinyl, BrickFoundation Type: OtherPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Lot Area: 10031 sqft |
Price History for 503 Raef Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/10/2019 | $287,500 | Sold | MRED as distributed by MLS GRID #10248697 |
| 09/11/2019 | $297,500 | Pending | Agent Provided |
| 05/28/2019 | $297,500 | PriceChange | Agent Provided |
| 04/05/2019 | $307,500 | PriceChange | Agent Provided |
| 10/01/2018 | $315,000 | Listed For Sale | Agent Provided |
| 05/27/2016 | $325,420 | Sold | MRED as distributed by MLS GRID #10193337 |
Market trends in Downs
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
6
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $10,945 |
| Assessment | $393,387 |
Home facts updated by county records
Comparable Sales for 503 Raef Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $408,000 | 11/25/25 | 4 | 2.5 | 3,669 | |
0.05 | Single-Family Home | $443,000 | 04/17/26 | 4 | 3 | 3,590 | |
0.07 | Single-Family Home | $430,000 | 12/03/25 | 4 | 3 | 3,490 | |
0.16 | Single-Family Home | $195,000 | 11/26/25 | 3 | 2 | 1,725 | |
0.16 | Single-Family Home | $195,000 | 11/14/25 | 3 | 2 | 1,625 | |
0.22 | Single-Family Home | $250,000 | 11/13/25 | 3 | 2 | 1,309 | |
0.10 | Single-Family Home | $518,000 | 08/13/25 | 5 | 4.5 | 4,400 | |
0.14 | Single-Family Home | $192,900 | 04/10/26 | 3 | 1 | 1,509 | |
0.32 | Single-Family Home | $215,650 | 09/24/25 | 4 | 2 | 1,790 | |
0.28 | Single-Family Home | $510,000 | 04/16/26 | 4 | 3 | 3,848 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETBHHS Central Illinois, REALTORS, Closed
SOLDDEC 3, 2025BHHS Central Illinois, REALTORS, Closed
OFF MARKETRE/MAX Rising, Closed
OFF MARKETColdwell Banker Real Estate Group, Closed
OFF MARKETBHHS Central Illinois, REALTORS, Closed
Assigned Schools
These are the assigned schools for 503 Raef Rd.
- Tri-Valley Middle School
- 4-8
- Public
- 448 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Tri-Valley High School
- 9-12
- Public
- 323 Students
10/10GreatSchools RatingParent Rating AverageI could not be happier with Tri-Valley schools at all levels. Eventhough they are a small school, they consistently outperform the other schools in the county, even the much larger Unit 5 & District 87. Parental involvement is exceptional. While the school district originally serveda rural audience, in the past 20 years the growth of semi-rural upper-middle class to upper class developments has changed the characteristics of the student body and the tax base. While I agree with another commenter that there is virtually no diversity at Tri-Valley, I dont agree that the district is overly sports oriented. I have two children that participate in athletics and I cna tell you first hand that the academic requirements for athletes to participate are stricter than what the state requires. Eventhough they are a small school, students can earn college credit for high school course work through a program that TVHS offers i conjunciton with the local community college. All things considered, I cna not think of any other school distric in central Illinois that I would prefer my children to attend.Parent Review13y ago - Tri-Valley Elementary School
- PK-3
- Public
- 293 Students
10/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 503 Raef Rd.
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.
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Apartments for Rent
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Homes for sale near 503 Raef Rd
NEW - 1 DAY AGOFOR SALE BY OWNER0.57 ACRES
NEW - 2 DAYS AGO0.36 ACRESRE/MAX Rising, New
0.66 ACRESCentury 21 Quest, Active
Coldwell Banker Real Estate Group, Price Change- OFF MARKET
See more homes for sale inDowns
Off Market Homes Near 503 Raef Rd
SOLDJUL 31, 2026Coldwell Banker Real Estate Group, Closed
SOLDJUL 23, 2026BHHS Central Illinois, REALTORS, Closed
SOLDJUL 23, 2026Keller Williams Revolution, Closed
SOLDJUL 21, 2026RE/MAX Choice, Closed
SOLDJUL 16, 2026Brilliant Real Estate, Closed
SOLDJUL 15, 2026Keller Williams Revolution, Closed
SOLDJUL 10, 2026Keller Williams Revolution, Closed
SOLDJUL 10, 2026Coldwell Banker Real Estate Group, Closed
SOLDJUL 10, 2026Coldwell Banker Real Estate Group, Closed
SOLDJUL 9, 2026Keller Williams Revolution, Closed- See more homes for sale inDowns
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 $399,900.
- 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).