NOT LISTED FOR SALE

306 Raef Rd Downs, IL 61736

Estimated Value: $469,000 - $495,000

5 Beds
3 Baths
3,570 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $428,000 $120 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,445/month

90 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Attached Garage
  • Laundry Room
  • Tri-Valley Elementary School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Want a new construction home without the hassle of new construction? This home built just over a year ago is completely move-in ready. The owners are being transferred out of state, so this is your chance! This home is everything you have been searching for; Including 5 generously sized bedrooms, 3 full bathrooms, new stainless steel appliances, quartz countertops, a walk-in pantry, an awesome mud room, a freshly poured concrete pad with a hot tub that stays with the home, and contemporary style and design. On the outskirts of Bloomington in the highly desired and award winning Tri-Valley schools. This home is Empty/Cleaned and ready for occupancy, very motivated sellers!

Last Agent to Sell the Property

Tracy Lockenour

HomeSmart Realty Group Illinois License #475173524 Listed on: 05/23/2024

HomeSmart Realty Group Illinois

Co-Listed By

Brady Lockenour

HomeSmart Realty Group Illinois License #475187959

Last Buyer's Agent

Steve Sovereign

Coldwell Banker Real Estate Group License #475129006

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,399

Year Built

  • Built in 2022

Lot Details

  • 10,115 Sq Ft Lot
  • Lot Dimensions are 85 x 119

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,570 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Tri-Valley Elementary School
  • Tri-Valley Junior High School
  • Tri-Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier Leased
  • Water Softener Leased

Community Details

  • Beecher Trails Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,399

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Beecher Trails
  • Year Built: 2022
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Purifier Rented, Water Softener Rented
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 3570
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 2412
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 3570
  • Flooring: Vinyl
  • ResoLivingAreaSource: Builder

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Tri-Valley Elementary School
  • High School: Tri-Valley High School
  • Middle/Junior School: Tri-Valley Junior High School

Lot Info

  • Lot Size Acres: 0.2322
  • Lot Dimensions: 85 X 119
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 11399.38
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 20, 2024
Sold by
Cartus Financial Corporation
Bought by
Hoffman Josh and Hoffman Jennifer
Seller's Agent
Tracy Lockenour
HomeSmart Realty Group Illinois
Buyer's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
List Price
$465,000
Sold Price
$428,000
Premium/Discount to List
-$37,000
-7.96%
Views
49
Current Estimated Value
$476,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,161
Avg. Annual Appreciation
9.29%
Original Mortgage
$342,400
Outstanding Balance
$323,972
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$152,189

Purchase Details

Closed on
May 29, 2024
Sold by
Bieber Benjamin and Bieber Jacqueline
Bought by
Cartus Financial Corporation

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 14, 2023
Sold by
Mmbowers Inc
Bought by
Bieber Benjamin and Bieber Jacqueline
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Tracy Lockenour
HomeSmart Realty Group Illinois
List Price
$450,000
Sold Price
$450,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoffman Josh $428,000 Burnet Title
Cartus Financial Corporation $428,000 Mardan Settlement Services
Bieber Benjamin $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Josh $342,400
Previous Owner Bieber Benjamin $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $428,000 -2.7% $120 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $440,000 -2.0% $123 / Sq Ft
06/29/2024 06/29/24 Price Changed $449,000 -2.2% $126 / Sq Ft
06/05/2024 06/05/24 Price Changed $459,000 -1.3% $129 / Sq Ft
05/23/2024 05/23/24 For Sale $465,000 +3.3% $130 / Sq Ft
02/17/2023 02/17/23 Sold $450,000 0.0% $126 / Sq Ft View Prior Sale
01/18/2023 01/18/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $450,000 -- $126 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,399 $164,131 $29,288 $134,843
2022 $137 $1,596 $1,596 $0
2021 $135 $1,535 $1,535 $0
2020 $135 $1,535 $1,535 $0
2019 $135 $1,535 $1,535 $0
2018 $134 $1,523 $1,523 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12064303

Midwest Real Estate Data (MRED)

APN: 22-32-480-013