507 Raef Rd

$408,000
Last Sold Price
4
Beds
3,669 Sq. Ft.
$111 / Sq. Ft.
3,669
Sq. Ft.
$111
per Sq. Ft.

Description

Welcome to 507 Raef! This amazing 1.5 story home is located in Beecher Trails Subdivision and the highly coveted Tri-Valley School District! The main level boasts an open, airy floor plan. The living room flows into the kitchen which has a large island, beautiful quartz countertops, and a pantry closet for additional storage. Just off the kitchen there is a dedicated dining space with ample room for a large dining table. The main floor primary suite is tucked away from the main living space and has...Welcome to 507 Raef! This amazing 1.5 story home is located in Beecher Trails Subdivision and the highly coveted Tri-Valley School District! The main level boasts an open, airy floor plan. The living room flows into the kitchen which has a large island, beautiful quartz countertops, and a pantry closet for additional storage. Just off the kitchen there is a dedicated dining space with ample room for a large dining table. The main floor primary suite is tucked away from the main living space and has a beautiful, modern bathroom and a great walk-in closet. The laundry room and a half bath round out the rest of the main level. Upstairs there are 3 additional bedrooms, one with a large walk-in closet, and an additional full bath. The basement is just waiting to be finished to add additional living space. There is room to add an additional bedroom and full bath, with plenty of space left for a large family room and ample storage. The daylight windows are a huge plus, allowing in tons of natural light! Outside, the raised deck is a great spot to sip your morning coffee and keep an eye on the kiddos or pets as they play in the backyard. Don't miss your chance to make this your home, come check it out today!
  1. Listed by Shannon Smith • RE/MAX Rising
    P: (309)-310-9993 C: (309)-310-9993 shannon@smithpetersen.com

Sold By Coldwell Banker Real Estate Group

Property Details for 507 Raef Road

Area
Downs
Subdivision
Beecher Trails
Township
Downs
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Air Conditioning Type
Central Air
Num of Interior Fireplaces
1
LISTING UPDATED: 11/27/2025 02:27 AM

Property Details for 507 Raef Road

StatusClosed
MLS #12484955
Days on Market36
Taxes$12,121 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1.5 Story
Year Built2022
Lot Size0.23 AC / 10,027 SF
CountyMcLean County
Add your commute

Building Information for 507 Raef Road

Stories-Year Built2022Building Size-Lot Size0.23 AC / 10,027 SF

Payment Calculator

$3,026 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,016

Property Taxes

$1,010

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 Raef Road

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
  • Parking Details: Yes, Garage Owned, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Fireplace Features: Gas Log
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 4
  • Air Conditioning: Central Air
  • Basement Sq Ft: 1464
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: No additional rooms
  • Num of Baths: 2.1
Exterior Features
  • Type: 1.5 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 1-5 Years
  • Type Detached: 1.5 Story
  • Total Sq Ft: 2205
  • Aprox Total Finished Sq Ft: 2205
  • Total Finished and Unfin Sq Ft: 3669
  • Main Sq Ft: 1464
  • Upper Sq Ft: 741
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 85 X 118
  • Zero Lot Line: No
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding, Brick
  • General Information: None
  • Living Area Source: Plans
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 1
  • Document Date: 2025-10-01T12:50:23
  • Photos Count: 37
  • Rural: N
  • OpenHouse Count: 3
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 14X15
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X13
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X12
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 10X15
Dining Room Information
  • Dining Room Level: N/A
  • RoomType_DR: Dining Room
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X24
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 7X10
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X20

Property History for 507 Raef Road

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Sold (Public Record)

Public Record #1922843143

$408,000

+0.9% / yr

Nov 25, 2025

Sold

MRED #12484955

$408,000
Nov 7, 2025

Pending

MRED #12484955

Nov 7, 2025

Contingent

MRED #12484955

Oct 3, 2025

Listed (Active)

MRED #12484955

$420,000
Sep 22, 2025

Cancelled

MRED #12407875

$429,900
Aug 8, 2025

Price Change

MRED #12407875

$433,500
Jul 24, 2025

Price Change

MRED #12407875

$436,500
Jul 17, 2025

Price Change

MRED #12407875

$439,500
Jul 10, 2025

Listed (Active)

MRED #12407875

$449,500
May 31, 2022

Sold (Public Record)

Public Record #1491467601

$395,000
May 31, 2022

Sold

MRED #11309741

$395,000
Jan 25, 2022

Contingent

MRED #11309741

Jan 25, 2022

Pending

MRED #11309741

Jan 24, 2022

Contingent

MRED #11309741

Jan 23, 2022

Listed (Active)

MRED #11309741

$395,000
DateEvent & SourcePrice
11/25/2025

Sold (Public Record)

Public Record #1922843143

$408,000

+0.9% / yr

11/25/2025

Sold

MRED #12484955

$408,000
11/07/2025

Pending

MRED #12484955

11/07/2025

Contingent

MRED #12484955

10/03/2025

Listed (Active)

MRED #12484955

$420,000
09/22/2025

Cancelled

MRED #12407875

$429,900
08/08/2025

Price Change

MRED #12407875

$433,500
07/24/2025

Price Change

MRED #12407875

$436,500
07/17/2025

Price Change

MRED #12407875

$439,500
07/10/2025

Listed (Active)

MRED #12407875

$449,500
05/31/2022

Sold (Public Record)

Public Record #1491467601

$395,000
05/31/2022

Sold

MRED #11309741

$395,000
01/25/2022

Contingent

MRED #11309741

01/25/2022

Pending

MRED #11309741

01/24/2022

Contingent

MRED #11309741

01/23/2022

Listed (Active)

MRED #11309741

$395,000

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

Public Records for 507 Raef Road

Taxable ValueLand$29,288Additions$115,288Total$144,576
Tax Record2024$12,121 ($1,010 / month)
Home Facts
Beds0Total Finished SqFt1,467 SqFtAbove Grade Finished SqFt1,467 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built2021CountyMCLEANAPN22-32-479-009

Schools near 507 Raef Road

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

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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 11/27/2025 02:27 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.