$403,000
- 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 HomeCurrently Off Market - Sold Mar 1, 2022 for $365,550
Home Value
Trulia Estimate
$403KSince 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
| Month | Estimated 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
-- mins to
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
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
Appliances & Utilities DishwasherMicrowave |
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Exterior Home Features Roof: Shake ShingleExterior: Vinyl, BrickFoundation Type: OtherPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: Lot Land |
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Lot Area: 0.29 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,300 | $434,487 |
Home facts updated by county records
Market trends in Downs
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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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.
LGBTQ Local Legal Protections
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).

