503 Raef Road

Closed 10/10/19

Sold

Last Sold Price

$287,500

4 beds3 baths1,795 sqft

503 Raef Rd, Downs, IL 61736

Single FamilyProperty Type

0.23 acresLot Size

2016Year Built

$160/sq ftPrice per sq ft

3 carsParking Spaces

Description

Better than new ranch in Beecher Trails! This amazing home has an open floor plan with vaulted ceiling, beautiful wood floors, and tons of windows in the main living areas. The nicely finished kitchen has quartz countertops, subway tile backsplash, stainless steel appliances, tons of cabinets, and a HUGE pantry! The high quality & luxurious carpets welcome you to three bedrooms on the main level. The master has 2 walk-in closets and a bath with separate vanities and a walk-in tiled shower. The lower...Better than new ranch in Beecher Trails! This amazing home has an open floor plan with vaulted ceiling, beautiful wood floors, and tons of windows in the main living areas. The nicely finished kitchen has quartz countertops, subway tile backsplash, stainless steel appliances, tons of cabinets, and a HUGE pantry! The high quality & luxurious carpets welcome you to three bedrooms on the main level. The master has 2 walk-in closets and a bath with separate vanities and a walk-in tiled shower. The lower level has lots of natural light with daylight windows, a large 4th bedroom, full bath, and generously sized family room. The finishes and upgrades make this home a great value! Quality building and construction! This home is exceptional.

Listing closed: 10/10/2019 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10248697

Recent comparable sales

Median sold price

$299,900

Avg days on market

Sale-to-list ratio

97.9%

1/30

$282,500

Sold 09/23/26

3
Bedrooms: 3
Bathrooms: 1,783
Square Feet: 0.42
Acres

131 North Gadwall Lane, Downs, IL 61736

1/26

$284,500

Sold 01/28/25

4
Bedrooms: 3
Bathrooms: 2,300
Square Feet: 0.39
Acres

101 South Gadwall Lane, Downs, IL 61736

1/35

$260,000

Sold 08/20/26

4
Bedrooms: 2
Bathrooms: 2,080
Square Feet: 0.42
Acres

8212 Elm Avenue, Downs, IL 61736

a front view of a house with a garden and trees

1/48

$215,650

Sold 09/24/25

4
Bedrooms: 2
Bathrooms: 1,790
Square Feet: 0.5
Acres

7981 Johnson Lane, Downs, IL 61736

a front view of a house with a yard and garage

1/31

$299,900

Sold 01/27/25

4
Bedrooms: 3
Bathrooms: 2,680
Square Feet: 5
Acres

8479 North 2200 East Road, Downs, IL 61736

1/50

$365,000

Sold 09/16/26

4
Bedrooms: 4
Bathrooms: 3,120
Square Feet: 0.36
Acres

113 South Pintail Lane, Downs, IL 61736

1/43

$445,000

Sold 06/25/25

4
Bedrooms: 3
Bathrooms: 3,242
Square Feet: 0.23
Acres

505 Raef Road, Downs, IL 61736

1/47

$443,000

Sold 04/17/26

4
Bedrooms: 3
Bathrooms: 3,590
Square Feet: 0.24
Acres

500 Raef Road, Downs, IL 61736

1/58

$430,000

Sold 12/03/25

4
Bedrooms: 3
Bathrooms: 3,490
Square Feet: 0.25
Acres

406 Raef Road, Downs, IL 61736

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Property Information for 503 Raef Road

Property Details

Taxes: $9,121 / year
MLS Type: Detached Single / 1 Story
County: McLean County
Area: Downs
Subdivision: Beecher Trails
Ownership: Fee Simple
Num Of Garage Spaces: 3.0
Num Of Cars: 3.0
Air Conditioning Type: Central Air
Num of Interior Fireplaces: 1
Heat/Fuel: Forced Air, Natural Gas
Architectural Style: Ranch

Building Information

Year Built: 2016
Lot Size: 0.23 AC / 10,030 SF

General Information

School Information

Elementary School District: 3
Elementary School: Tri-Valley Elementary School

Jr High Middle School: Tri-Valley Junior High School
High School District: 3
High School: Tri-Valley High School
Middle Or Junior School District: 3

Addtl Parking Information

Garage Details: Garage Door Opener(s)
Garage On Site: true

Garage Ownership: Owned
Garage Type: Attached
Parking: Garage

Location and General Information

BNAR Zoning: R1A

Taxes and HOA Information

Association Fee Frequency: Not Applicable
Association Fee Includes: None

Master Association Fee: No

Property Information

Interior Features

Interior Property Features: 1st Floor Full Bath, Vaulted/Cathedral Ceilings, Walk-In Closet(s)
Num Of Rooms: 8

Bedrooms Total: 3
Bedrooms (Below Grade): 1
Fireplace Features: Gas Log, Attached Fireplace Doors/Screen
Basement Type: Full
Bedrooms Possible: 4
Air Conditioning: Central Air
Basement Description: Finished
Basement Sq Ft: 1011
Basement Bathrooms: Yes
Room Type: No additional rooms
Num of Baths: 3.0

Exterior Features

Type: 1 Story

Utilities / Equipment

Sewer: Sewer-Public
Water: Public

Appliances: Dishwasher, Refrigerator, Range, Microwave
Other Equipment: Ceiling Fan(s)

Property/Lot Information

Exterior Property Features: Deck
New Construction YN: No

Rebuilt: No
Rehabilitated: No
Built Before 1978: No
Age: 1-5 Years
Type Detached: 1 Story
Total Sq Ft: 1795
Aprox Total Finished Sq Ft: 2806
Total Finished and Unfin Sq Ft: 2806
Main Sq Ft: 1795
Upper Sq Ft: 0
Lot Description: Landscaped Professionally
Lot Size: Less Than .25 Acre
Lot Dimensions: 85 X 118
Zero Lot Line: No
Waterfront: No
Disability Access and/or Equipped: No
Exterior Building Type: Vinyl Siding, Brick
General Information: None
Below Grade Finished Area: 1011.0
Living Area Source: Builder

Property and Assessments

Buyer Financing: Conventional, FHA, VA
Public Document Count: 2

Document Date: 2019-08-11T18:37:32
Photos Count: 43
Relist: N
Rural: N

Virtual Tour/Additional Media

Virtual Tour YN: No

Room Information

Master Bedroom Information

Master Bedroom Level: Main
Room Type: Master Bedroom

Master Bedroom Bath: Full
Master Bedroom Flooring: Carpet
Master Bedroom Size: 14X15
Master Bedroom Window Treatments: All

Bedroom #2 Information

2nd Bedroom Level: Main
Room Type: Bedroom 2

2nd Bedroom Flooring: Carpet
2nd Bedroom Size: 11X12
2nd Bedroom Window Treatments: All

Bedroom #3 Information

3rd Bedroom Level: Main
Room Type: Bedroom 3

3rd Bedroom Flooring: Carpet
3rd Bedroom Size: 12X12
3rd Bedroom Window Treatments: All

Bedroom #4 Information

4th Bedroom Level: Basement
Room Type: Bedroom 4

4th Bedroom Flooring: Carpet
4th Bedroom Size: 13X15
4th Bedroom Window Treatments: All

Dining Room Information

Dining Room Level: Main
RoomType_DR: Dining Room

Dining Room Flooring: Hardwood
Dining Room Size: 12X13
Dining Room Window Treatments: All

Family Room Information

Family Room Level: Basement
RoomType_FR: Family Room

Family Room Flooring: Carpet
Family Room Size: 17X38
Family Room Window Treatments: All

Kitchen Information

Kitchen Level: Main
RoomType_KT: Kitchen

Kitchen Type: Pantry-Closet
Kitchen Flooring: Hardwood
Kitchen Size: 12X13
Kitchen Window Treatments: All

Laundry Information

Laundry Level: Main
Room Type: Laundry

Laundry Flooring: Ceramic Tile
Laundry Size: 6X10
Laundry Window Treatments: All

Living Room Information

Living Room Level: Main
Room Type: Living Room

Living Room Flooring: Hardwood
Living Room Size: 13X29
Living Room Window Treatments: All

Property History for 503 Raef Road

Date	Event & Source	Price	Appreciation
Oct 10, 2019	Sold (Public Record) Public Record #1340302404	$287,500	-3.6% / yr
Oct 10, 2019	Sold MRED #10248697	$287,500	—
Sep 11, 2019	Pending MRED #10248697		—
Jul 2, 2019	Listed (Active) MRED #10248697	$315,000	—
May 27, 2016	Sold (Public Record) Public Record #1197975045	$325,500	—
May 27, 2016	Sold MRED #10193337	$325,420	—
Mar 2, 2016	Pending MRED #10193337		—
Mar 2, 2016	Listed (Active) MRED #10193337	$325,420	—
Mar 1, 2016	Pending MRED #10193337		—
Mar 1, 2016	Listed (Active) MRED #10193337	$325,420	—

Date	Event & Source	Price
10/10/2019	Sold (Public Record) Public Record #1340302404	$287,500 -3.6% / yr
10/10/2019	Sold MRED #10248697	$287,500
09/11/2019	Pending MRED #10248697	—
07/02/2019	Listed (Active) MRED #10248697	$315,000
05/27/2016	Sold (Public Record) Public Record #1197975045	$325,500
05/27/2016	Sold MRED #10193337	$325,420
03/02/2016	Pending MRED #10193337	—
03/02/2016	Listed (Active) MRED #10193337	$325,420
03/01/2016	Pending MRED #10193337	—
03/01/2016	Listed (Active) MRED #10193337	$325,420

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

503 Raef Road

Beds

Total Finished SqFt

1,796 SqFt

Above Grade Finished SqFt

1,796 SqFt

Stories

Lot Size

10,019 SqFt

Style

Single Family Residence

Schools near 503 Raef Road

This home is within Tri Valley Community Unit School District 3.


Rating	School	Type	Grades	Distance
10/10	Tri-Valley Elementary School	Public - Serves this home	PK to 3	0.9 mi
7/10	Tri-Valley Middle School	Public - Serves this home	4 to 8	1.2 mi
10/10	Tri-Valley High School	Public - Serves this home	9 to 12	1.0 mi


Rating	School	Distance
10/10	Tri-Valley Elementary School PublicPK to 3 Serves this home	0.9 mi
7/10	Tri-Valley Middle School Public4 to 8 Serves this home	1.2 mi
10/10	Tri-Valley High School Public9 to 12 Serves this home	1.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 503 Raef Road, Downs, IL 61736	$287,500	4	3	1,795	10,030
505 Raef Road, Downs, IL 61736	$445,000	4	3	3,242	10,018
501 Raef Road, Downs, IL 61736	$352,500	6	4	4,458	12,390
Lot 23 Beecher Trail, Downs, IL 61736	$65,500	–	–	–	12,390
104 Dode Drive, Downs, IL 61736	$325,000	5	4	2,425	10,030
Lot 31 Beecher Trail, Downs, IL 61736	$60,900	–	–	–	10,030
106 Dode Drive, Downs, IL 61736	$291,500	–	–	1,708	10,019
Lot 32 Dode Drive, Downs, IL 61736	$70,000	–	–	–	11,761
102 Dode Drive, Downs, IL 61736	$450,000	4	4	4,263	12,196
507 Raef Road, Downs, IL 61736	$408,000	4	3	3,669	10,027
Lot 4 Beecher Trail, Downs, IL 61736	$63,500	–	–	–	10,115
Lot 5 Beecher Trail, Downs, IL 61736	$64,500	–	–	–	10,472
Lot 3 Raef Road, Downs, IL 61736	$65,000	–	–	–	10,018
502 Raef Road, Downs, IL 61736	$427,500	5	4	3,678	10,472
108 Dode Drive, Downs, IL 61736	$362,800	4	3	3,166	10,027
Lot 2 Raef, Downs, IL 61736	$65,000	–	–	–	10,115

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Listing Courtesy of Berkshire Hathaway Snyder Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 06:47 AM. 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.