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

$471,400

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 3,242 sqft

505 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,421/mo*
Refinance Your Home
Currently Off Market - Sold Jun 25, 2025 for $445,000

Home Value

Trulia Estimate
$471K
Since last month
Increased$2K (+0.4%)
Since last year
Increased$21K (+4.6%)
Since last sale
Increased$28K (+6.2%)
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 +41% in the last 10 years
MonthEstimated value
2026
September 2026$473K
August 2026$471K
July 2026$464K
June 2026$467K
May 2026$462K
April 2026$457K
March 2026$454K
February 2026$457K
January 2026$461K
2025
2024
2023
2022
2021

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
0.02
Single-Family Home
$408,000
11/25/25
4
2.5
3,669
500 Raef Rd, Downs, IL
0.06
Single-Family Home
$443,000
04/17/26
4
3
3,590
406 Raef Rd, Downs, IL
0.09
Single-Family Home
$430,000
12/03/25
4
3
3,490
110 Raef Rd, Downs, IL
0.30
Single-Family Home
$510,000
04/16/26
4
3
3,848
109 Dugan Trl, Downs, IL
0.33
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
8212 Elm Ave, Downs, IL
0.18
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd E, Downs, IL
0.15
Single-Family Home
$195,000
11/14/25
3
2
1,625
113 S Pintail Ln, Downs, IL
0.70
Single-Family Home
$365,000
09/16/26
4
3.5
3,120

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
507 Raef Rd, Downs, IL 61736
0.02
$408,000
4
2.5
3,669
Recently Sold
500 Raef Rd, Downs, IL 61736
0.06
$443,000
4
3
3,590
Recently Sold
102 Dode Dr, Downs, IL 61736
0.04
$487,200
4
3.5
4,263
Off Market
406 Raef Rd, Downs, IL 61736
0.09
$430,000
4
3
3,490
Recently Sold
405 Raef Rd, Downs, IL 61736
0.08
$455,100
5
3.5
3,477
Off Market
402 Raef Rd, Downs, IL 61736
0.12
$546,400
5
4.5
4,400
Off Market
8170 N 2000 East Rd E, Downs, IL 61736
0.09
$186,800
3
1
1,067
Off Market
103 Ozzie Ct, Downs, IL 61736
0.12
$565,800
5
4.5
3,787
Off Market
400 Raef Rd, Downs, IL 61736
0.14
$431,800
3
2.5
3,986
Off Market
8224 Pine Ave, Downs, IL 61736
0.12
$204,400
3
1
1,335
Off Market
8198 Pine Ave, Downs, IL 61736
0.13
$192,900
3
1
1,509
Recently Sold

Local Information

  • Map ViewExplore the area around 505 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2021
3,242 sqft
$145/sqft
3 Car Garage

About this House

Discover the good-as-new-construction and modern elegance at 505 Raef Rd, a stunning 4-bedroom, 3-full-bath ranch in the coveted Beecher Trails subdivision of Downs, IL, within the award-winning Tri-Valley School District. Built in 2021, this meticulously updated newer-construction home offers turnkey perfection from top to bottom. Step into an open-concept main floor where a contemporary kitchen dazzles with stainless steel appliances (new fridge 2022), quartz countertops, a side pantry, and space for a large dining table. The kitchen flows seamlessly into the living room, ideal for gatherings, and opens to a covered deck with a TV, overlooking the backyard. The main floor shines with professional custom paint, coordinated Hunter ceiling fans, and bespoke window treatments. A spacious primary suite impresses with a fully tiled shower, double sinks, and a walk-in closet. Two additional bedrooms and a full bath complete this level. The fully finished lookout basement is a showstopper, featuring a massive family room, a vibrant game room, a fourth bedroom, a full bathroom, and ample storage. Lookout windows flood the space with natural light, enhancing its inviting ambiance. Outside, a covered front porch welcomes you, while the upgraded 8-foot garage bay boasts sleek black contemporary doors with trendy sidelights. Recent updates include a professionally coordinated paint scheme, new washer and dryer (2022), and all appliances included for your convenience. This move-in-ready ranch combines stylish finishes, thoughtful upgrades, and a prime location in a top school district. Don't miss your chance to own this gem in Beecher Trails-schedule a showing today!
505 Raef Rd, Downs, IL 61736 is a 4 bedroom, 3 bathroom, 3,242 sqft single-family home built in 2021. It last sold for $445,000 on Jun 25, 2025 (1% below the $449,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $471,400, with a rent estimate of $3,450/month.
Last check for updates: about 11 hours ago
Listed by Sean Caldwell, (309) 846-0528
RE/MAX Rising
Bought with: Jerome Meredith, (309) 212-2143, RE/MAX Rising
Source: MRED as distributed by MLS GRID, MLS#12337984

Home Details for 505 Raef Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3242 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, DishwasherDishwasherMicrowave
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Living RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Concrete,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 1301 Square Feet

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl Siding, BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 2232479008

Price & Status

Price
List Price: $449,900
Status Change & Dates
Off Market Date: Sat Apr 26 2025Possession Timing: Close Of Escrow

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

Agent Information

Buyer Agent
Buyer Company Name: Armstrong Burns Home Selling Team

Building

Building Area
Building Area: 3242 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 10018.8 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12337984Activation Date: Wed Apr 23 2025

Additional Information

MRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jun 25, 2025
Source: MRED as distributed by MLS GRID #12337984
Sold
$445,000
Apr 26, 2025
Source: MRED as distributed by MLS GRID #12337984
Contingent
$449,900
Apr 23, 2025
Source: MRED as distributed by MLS GRID #12337984
Listed For Sale
$449,900
Mar 29, 2022
Source: BHHS broker feed
ListingRemoved
Mar 18, 2022
Source: MRED as distributed by MLS GRID #11338574
PriceChange
$399,900
Price decreased by 1%

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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    Flag

LGBTQ Local Legal Protections

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

Frequently asked questions about 505 Raef Rd

  • What is 505 Raef Rd estimated to be worth?
    Trulia's estimated value for 505 Raef Rd in Downs, IL is $471,400.
  • What is the price history for 505 Raef Rd?
    505 Raef Rd in Downs, IL last sold for $445,000 in June 2025.
  • 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 505 Raef Rd?
    The closest schools to 505 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 505 Raef Rd have air conditioning?
    Yes, 505 Raef Rd in Downs, IL has air conditioning.
  • Does 505 Raef Rd have laundry facilities?
    Yes, 505 Raef Rd in Downs, IL has laundry facilities.

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