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

$475,200

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 3,670 sqft

506 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,449/mo*
Refinance Your Home
Currently Off Market - Sold Apr 29, 2024 for $450,000

Home Value

Trulia Estimate
$475K
Since last month
Decreased$4K (-0.7%)
Since last year
Decreased$13K (-2.6%)
Since last sale
Increased$25K (+5.6%)
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 +28% in the last 10 years
MonthEstimated value
2026
September 2026$475K
August 2026$479K
July 2026$485K
June 2026$487K
May 2026$490K
April 2026$485K
March 2026$487K
February 2026$473K
January 2026$468K
2025
2024
2023
2022
2021
2020

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
0.04
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
0.08
Single-Family Home
$430,000
12/03/25
4
3
3,490
0.32
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
0.30
Single-Family Home
$510,000
04/16/26
4
3
3,848
0.19
Single-Family Home
$260,000
08/20/26
4
2
2,080
0.18
Single-Family Home
$195,000
11/26/25
3
2
1,725
0.18
Single-Family Home
$195,000
11/14/25
3
2
1,625
0.73
Single-Family Home
$365,000
09/16/26
4
3.5
3,120
0.44
Single-Family Home
$480,000
05/01/26
4
3
3,640

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
0.03
$471,400
4
3
3,242
Off Market
0.04
$408,000
4
2.5
3,669
Recently Sold
0.05
$443,000
4
3
3,590
Recently Sold
0.07
$487,200
4
3.5
4,263
Off Market
0.08
$430,000
4
3
3,490
Recently Sold
0.09
$455,100
5
3.5
3,477
Off Market
0.12
$546,400
5
4.5
4,400
Off Market
0.12
$186,800
3
1
1,067
Off Market
0.14
$565,800
5
4.5
3,787
Off Market
0.13
$431,800
3
2.5
3,986
Off Market
0.14
$204,400
3
1
1,335
Off Market
0.15
$192,900
3
1
1,509
Recently Sold

Local Information

  • Map ViewExplore the area around 506 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
3,670 sqft
$129/sqft
Garage

About this House

This single-family home is located at 506 Raef Rd, Downs, IL. 506 Raef Rd is in Downs, IL and in ZIP code 61736. This property has 4 bedrooms, 4 bathrooms and approximately 3,670 sqft of floor space. This property has a lot size of 10105 sqft and was built in 2021.
506 Raef Rd, Downs, IL 61736 is a 4 bedroom, 4 bathroom, 3,670 sqft single-family home built in 2021. It last sold for $450,000 on Apr 29, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $475,200, with a rent estimate of $3,870/month.

Home Details for 506 Raef Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
DishwasherMicrowave
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone, VinylFoundation Type: OtherPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10105 sqft

Price and Tax history

DateEventPrice
Apr 29, 2024
Source: N/A
Sold
$450,000
Mar 25, 2021
Source: MRED as distributed by MLS GRID #10991646
Sold
$375,000
Feb 22, 2021
Source: Agent Provided
Pending
$375,000
Feb 22, 2021
Source: MRED as distributed by MLS GRID #10991646
Contingent
$375,000
Feb 10, 2021
Source: MRED as distributed by MLS GRID #10991646
Listed For Sale
$375,000

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
2
MoM

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! "

LGBTQ Local Legal Protections

Frequently asked questions about 506 Raef Rd

  • What is 506 Raef Rd estimated to be worth?
    Trulia's estimated value for 506 Raef Rd in Downs, IL is $475,200.
  • What is the price history for 506 Raef Rd?
    506 Raef Rd in Downs, IL last sold for $450,000 in April 2024.
  • 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 506 Raef Rd?
    The closest schools to 506 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 506 Raef Rd have air conditioning?
    Yes, 506 Raef Rd in Downs, IL has air conditioning.
  • How big is the lot at 506 Raef Rd?
    The lot at 506 Raef Rd in Downs, IL is about 0.23 acres (10,105 sq ft).

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Off Market Homes Near 506 Raef Rd

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Homes for sale near 506 Raef Rd

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