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

$431,900

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,143 sqft

508 Raef Rd, Downs, IL 61736

Est. Refi. Payment $3,205/mo*
Refinance Your Home
Currently Off Market - Sold Jun 9, 2020 for $325,000

Home Value

Trulia Estimate
$432K
Since last month
Increased$2K (+0.3%)
Since last year
$200 (0%)
Since last sale
Increased$107K (+33%)
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 +37% in the last 10 years
MonthEstimated value
2026
September 2026$432K
August 2026$431K
July 2026$436K
June 2026$438K
May 2026$435K
April 2026$430K
March 2026$430K
February 2026$417K
January 2026$413K
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
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
0.07
Single-Family Home
$443,000
04/17/26
4
3
3,590
406 Raef Rd, Downs, IL
0.10
Single-Family Home
$430,000
12/03/25
4
3
3,490
8212 Elm Ave, Downs, IL
0.18
Single-Family Home
$260,000
08/20/26
4
2
2,080
8095 N 2000 East Rd, Downs, IL
0.18
Single-Family Home
$195,000
11/26/25
3
2
1,725
109 Dugan Trl, Downs, IL
0.33
Single-Family Home
$542,500
07/09/26
5
3.5
3,578
8095 N 2000 East Rd E, Downs, IL
0.18
Single-Family Home
$195,000
11/14/25
3
2
1,625
110 Raef Rd, Downs, IL
0.31
Single-Family Home
$510,000
04/16/26
4
3
3,848
131 N Gadwall Ln, Downs, IL
0.40
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

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
0.04
$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
0.07
$443,000
4
3
3,590
Recently Sold
102 Dode Dr, Downs, IL 61736
0.08
$489,700
4
3.5
4,263
Off Market
406 Raef Rd, Downs, IL 61736
0.10
$430,000
4
3
3,490
Recently Sold
405 Raef Rd, Downs, IL 61736
0.10
$457,100
5
3.5
3,477
Off Market
402 Raef Rd, Downs, IL 61736
0.13
$549,000
5
4.5
4,400
Off Market
8170 N 2000 East Rd E, Downs, IL 61736
0.12
$186,900
3
1
1,067
Off Market
103 Ozzie Ct, Downs, IL 61736
0.15
$568,700
5
4.5
3,787
Off Market
400 Raef Rd, Downs, IL 61736
0.15
$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 508 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2020
2,143 sqft
$202/sqft
Garage

About this House

Amazing new construction in Beecher Trails Subdivision! This 2 story floor plan has everything you have been looking for! The main floor has large family room with gas fireplace and lots of natural light. The huge open kitchen is beautiful with white cabinets, quartz countertops and generous sized pantry. Also on the main floor is a versatile flex room that would make a fabulous dining room, office, or formal living room. Upstairs are 3 large bedrooms, including the large master with a very stylish master bath. The laundry is also on the second floor for convince. The finished basement has a huge family room space, a full bath, and a 4th bedroom. This is a well thought out home with lots of desirable finishes and upgrades! Quality Bob Tennis new construction. Schedule a showing today.
508 Raef Rd, Downs, IL 61736 is a 4 bedroom, 4 bathroom, 2,143 sqft single-family home built in 2020. It last sold for $325,000 on Jun 9, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $431,900, with a rent estimate of $3,111/month.

Home Details for 508 Raef Rd

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Carpet

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherExterior: Vinyl, BrickFoundation Type: Other
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Jun 9, 2020
Source: MRED as distributed by MLS GRID #10686397
Sold
$325,000
Apr 23, 2020
Source: Agent Provided
Pending
$325,000
Apr 9, 2020
Source: Agent Provided
Listed For Sale
$325,000

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 508 Raef Rd

  • What is 508 Raef Rd estimated to be worth?
    Trulia's estimated value for 508 Raef Rd in Downs, IL is $431,900.
  • What is the price history for 508 Raef Rd?
    508 Raef Rd in Downs, IL last sold for $325,000 in June 2020.
  • 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 508 Raef Rd?
    The closest schools to 508 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 508 Raef Rd have air conditioning?
    Yes, 508 Raef Rd in Downs, IL has air conditioning.
  • How big is the lot at 508 Raef Rd?
    The lot at 508 Raef Rd in Downs, IL is about 0.23 acres (10,019 sq ft).

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