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

$403,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 3,230 sqft (on 0.29 acres)

509 Raef Rd, Downs, IL 61736

Est. Refi. Payment $2,995/mo*
Refinance Your Home
Currently Off Market - Sold Mar 1, 2022 for $365,550

Home Value

Trulia Estimate
$403K
Since last month
Decreased$7K (-1.7%)
Since last year
Decreased$19K (-4.4%)
Since last sale
Increased$37K (+10%)
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 +10% in the last 10 years
MonthEstimated value
2026
September 2026$402K
August 2026$409K
July 2026$416K
June 2026$412K
May 2026$402K
April 2026$402K
March 2026$389K
February 2026$397K
January 2026$398K
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
0.66
Lot/Land
$250,000
05/28/26
-
-
1.19
Lot/Land
$425,000
07/10/26
-
-
1.04
Lot/Land
$94,500
12/22/25
-
-
3.74
Lot/Land
$423,500
03/04/26
-
-
3.85
Lot/Land
$50,000
06/23/26
-
-
3.85
Lot/Land
$50,000
06/23/26
-
-
4.35
Lot/Land
$127,000
06/18/26
-
-
4.60
Lot/Land
$80,000
05/06/26
-
-
4.55
Lot/Land
$80,000
05/01/26
-
-
5.22
Lot/Land
$19,000
05/08/26
-
-

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
0.02
$428,500
4
2.5
3,669
Off Market
0.03
$473,700
4
3
3,242
Off Market
0.07
$489,700
4
3.5
4,263
Off Market
0.09
$443,000
4
3
3,590
Recently Sold
0.08
$186,900
3
1
1,067
Off Market
0.10
$204,400
3
1
1,335
Off Market
0.11
$192,900
3
1
1,509
Recently Sold
0.12
$430,000
4
3
3,490
Recently Sold
0.12
$214,400
2
1.5
1,850
Off Market
0.12
$457,100
5
3.5
3,477
Off Market
0.15
$260,000
4
2
2,080
Recently Sold
0.14
$205,000
3
2
1,625
Off Market

Local Information

  • Map ViewExplore the area around 509 Raef Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Lot/Land
Built in 2021
0.29 acre lot
3,230 sqft
$125/sqft
Garage

About this House

This 3 bedroom 2 bath ranch has an open main floor with an oversized 3 car garage and covered patio. The bedrooms are split with a private owners' suite on one side and the other bedrooms on the opposite side of the home. The basement has daylight windows and tons of space, but will remain unfinished as currently priced. The home is framed and is moving towards drywall and stylish interior finishes. What a great opportunity to purchase a brand new amazing ranch in Tri-Valley Schools! Agent owned. This is the very popular Gossamer plan.
509 Raef Rd, Downs, IL 61736 is a 3 bedroom, 2 bathroom, 3,230 sqft lot/land built in 2021. It last sold for $365,550 on Mar 1, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $403,000.

Home Details for 509 Raef Rd

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Vinyl, BrickFoundation Type: OtherPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Lot Land

Lot Information

Lot Area: 0.29 acres

Price and Tax history

DateEventPrice
Mar 1, 2022
Source: MRED as distributed by MLS GRID #11171662
Sold
$365,550
Jan 24, 2022
Source: MRED as distributed by MLS GRID #11171662
Contingent
$365,000
Jul 28, 2021
Source: MRED as distributed by MLS GRID #11171662
Listed For Sale
$365,000

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 509 Raef Rd

  • What is 509 Raef Rd estimated to be worth?
    Trulia's estimated value for 509 Raef Rd in Downs, IL is $403,000.
  • What is the price history for 509 Raef Rd?
    509 Raef Rd in Downs, IL last sold for $365,550 in March 2022.
  • 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 509 Raef Rd?
    The closest schools to 509 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).

Apartments for Rent

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Off Market Homes Near 509 Raef Rd

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Homes for sale near 509 Raef Rd

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