505 Raef Road
Description
Sold By RE/MAX Rising
- Listed by: Sean Caldwell 309.846.0528 sean@visionhomesgroup.com;scaldwell33@gmail.com • RE/MAX Rising
Recent comparable sales
Median sold price
$443,000
Avg days on market
11
Sale-to-list ratio
98.0%
Downs, IL
9 comparable properties found
$365,000
Sold 09/16/26
- 4
- Bedrooms
- 4
- Bathrooms
- 3,120
- Square Feet
- 0.36
- Acres
$299,900
Sold 01/27/25
- 4
- Bedrooms
- 3
- Bathrooms
- 2,680
- Square Feet
- 5
- Acres
$505,000
Sold 12/10/24
- 5
- Bedrooms
- 4
- Bathrooms
- 3,670
- Square Feet
- Unavailable
- Acres
Location
$3,273 per month
30 year fixed, 7.03% Interest
$2,376
$897
$0
1Property Information for 505 Raef Road
Property Details
- Taxes: $10,768 / year
- MLS Type: Detached Single / 1 Story
- County: McLean County
- Area: Downs
- Subdivision: Beecher Trails
- Township: Old Town
- Ownership: Fee Simple
- Num Of Garage Spaces: 3.0
- Air Conditioning Type: Central Air
- Num of Interior Fireplaces: 1
- Heat/Fuel: Natural Gas, Forced Air
- Architectural Style: Ranch
Building Information
- Year Built: 2021
- Lot Size: 0.23 AC / 10,018 SF
General 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
- Parking Details: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Front Exposure: North
- Association Fee Frequency: Not Applicable
- Association Fee Includes: None
- Master Association Fee Frequency: Not Required
- Additional Parcels: No
Property Information
- Num Of Rooms: 8
- Bedrooms Total: 3
- Bedrooms (Below Grade): 1
- Fireplace Features: Gas Log
- Basement Type: Partially Finished, Full
- Bedrooms Possible: 4
- Air Conditioning: Central Air
- Basement Sq Ft: 1621
- Basement Bathrooms: Yes
- Fireplace Location: Living Room
- Room Type: No additional rooms
- Num of Baths: 3.0
- Patio And Porch Features: Deck
- Type: 1 Story
- Sewer: Sewer-Public
- Water: Public
- Appliances: Range, Microwave, Dishwasher
- New Construction YN: No
- Rebuilt: No
- Rehabilitated: No
- Built Before 1978: No
- Age: 1-5 Years
- Type Detached: 1 Story
- Total Sq Ft: 1621
- Aprox Total Finished Sq Ft: 2922
- Total Finished and Unfin Sq Ft: 3242
- Main Sq Ft: 1621
- Lot Size: Less Than .25 Acre
- Lot Size Source: County Records
- Lot Dimensions: 85 X 118
- Zero Lot Line: No
- Waterfront: No
- Disability Access and/or Equipped: No
- Exterior Building Type: Vinyl Siding, Brick
- Construction: Vinyl Siding, Brick
- Roof Type: Asphalt
- Foundation Details: Concrete Perimeter
- General Information: None
- Below Grade Finished Area: 1301.0
- Living Area Source: Plans
- Unfinished Basement Sq Ft: 320
- Public Document Count: 2
- Document Date: 2025-04-21T19:40:09
- Photos Count: 43
- Rural: N
- OpenHouse Count: 2
- Virtual Tour: None
- Virtual Tour YN: No
Room Information
- Master Bedroom Level: Main
- Room Type: Master Bedroom
- Master Bedroom Bath: Full
- Master Bedroom Dimensions: 14X15
- 2nd Bedroom Level: Main
- Room Type: Bedroom 2
- Bedroom #2 Room Dimensions: 11X13
- 3rd Bedroom Level: Main
- Room Type: Bedroom 3
- Bedroom #3 Room Dimensions: 11X13
- 4th Bedroom Level: Basement
- Room Type: Bedroom 4
- Bedroom #4 Room Dimensions: 12X15
- Dining Room Level: Main
- RoomType_DR: Dining Room
- Dining Room Dimensions: 10X14
- Family Room Level: Basement
- RoomType_FR: Family Room
- Family Room Dimensions: 29X30
- Kitchen Level: Main
- RoomType_KT: Kitchen
- Kitchen Dimensions: 14X17
- Laundry Level: Main
- Room Type: Laundry
- Laundry Dimensions: 7X9
- Living Room Level: Main
- Room Type: Living Room
- Living Room Dimensions: 14X18
Property History for 505 Raef Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 25, 2025 | Sold (Public Record) Public Record #1903834560 | $445,000 | +5.8% / yr |
| Jun 25, 2025 | Sold MRED #12337984 | $445,000 | — |
| Apr 26, 2025 | Pending MRED #12337984 | — | |
| Apr 26, 2025 | Contingent MRED #12337984 | — | |
| Apr 23, 2025 | Listed (Active) MRED #12337984 | $449,900 | — |
| Mar 28, 2022 | Cancelled MRED #11338574 | $399,900 | — |
| Mar 14, 2022 | Price Change MRED #11338574 | $405,000 | — |
| Mar 3, 2022 | Listed (Active) MRED #11338574 | $415,000 | — |
| Dec 27, 2021 | Sold (Public Record) Public Record #1480791636 | $365,000 | — |
| Dec 27, 2021 | Sold MRED #11281232 | $365,000 | — |
| Dec 7, 2021 | Contingent MRED #11281232 | — | |
| Dec 7, 2021 | Pending MRED #11281232 | — | |
| Dec 6, 2021 | Contingent MRED #11281232 | — | |
| Dec 3, 2021 | Listed (Active) MRED #11281232 | $365,000 | — |
| Jul 28, 2021 | Cancelled MRED #11075930 | $350,000 | — |
| May 4, 2021 | Listed (Active) MRED #11075930 | $350,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/25/2025 | Sold (Public Record) Public Record #1903834560 | $445,000 +5.8% / yr |
| 06/25/2025 | Sold MRED #12337984 | $445,000 |
| 04/26/2025 | Pending MRED #12337984 | — |
| 04/26/2025 | Contingent MRED #12337984 | — |
| 04/23/2025 | Listed (Active) MRED #12337984 | $449,900 |
| 03/28/2022 | Cancelled MRED #11338574 | $399,900 |
| 03/14/2022 | Price Change MRED #11338574 | $405,000 |
| 03/03/2022 | Listed (Active) MRED #11338574 | $415,000 |
| 12/27/2021 | Sold (Public Record) Public Record #1480791636 | $365,000 |
| 12/27/2021 | Sold MRED #11281232 | $365,000 |
| 12/07/2021 | Contingent MRED #11281232 | — |
| 12/07/2021 | Pending MRED #11281232 | — |
| 12/06/2021 | Contingent MRED #11281232 | — |
| 12/03/2021 | Listed (Active) MRED #11281232 | $365,000 |
| 07/28/2021 | Cancelled MRED #11075930 | $350,000 |
| 05/04/2021 | Listed (Active) MRED #11075930 | $350,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
505 Raef Road
Beds
0Total Finished SqFt
1,610 SqFtAbove Grade Finished SqFt
1,610 SqFtStories
1Lot Size
10,019 SqFtStyle
Single Family ResidenceSchools near 505 Raef Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 4 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Tri-Valley Elementary School PublicPK to 3 | ||
Tri-Valley Middle School Public4 to 8 | ||
Tri-Valley High School Public9 to 12 |
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.
Similar Homes
New listings in 61736
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 505 Raef Road, Downs, IL 61736 | $445,000 | 4 | 3 | 3,242 | 10,018 |
$287,500 | 4 | 3 | 1,795 | 10,030 | |
$408,000 | 4 | 3 | 3,669 | 10,027 | |
$291,500 | – | – | 1,708 | 10,019 | |
$325,000 | 5 | 4 | 2,425 | 10,030 | |
$60,900 | – | – | – | 10,030 | |
$362,800 | 4 | 3 | 3,166 | 10,027 | |
$352,500 | 6 | 4 | 4,458 | 12,390 | |
$365,550 | 3 | 2 | 3,230 | 12,632 | |
$65,500 | – | – | – | 12,390 | |
$65,000 | – | – | – | 10,018 | |
$63,500 | – | – | – | 10,115 | |
$325,000 | 4 | 4 | 2,143 | 10,018 | |
$65,000 | – | – | – | 10,115 | |
$450,000 | 4 | 4 | 4,263 | 12,196 | |
$70,000 | – | – | – | 11,761 |
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Listing Courtesy of RE/MAX Rising
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 06/25/2025 04:35 PM. 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.
