NOT LISTED FOR SALE

407 Raef Downs, IL 61736

Estimated Value: $346,000 - $443,000

3 Beds
2 Baths
1,566 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $218,500 $140 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,937/month

123 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Tri-Valley Elementary School Rated A
  • Ranch Style House
  • Walk-In Pantry

About This Home

As of March 2020

Take a good look at this almost new Ranch home in Tri-Valley school district. Take advantage of the best value in a home ever in the subdivision. The open concept design includes hardwood floors throughout main floor living area including the great room, the kitchen and dining area. The kitchen has granite counter tops, an island and stainless appliances. There are 3 large bedrooms and 2 full baths on main level. An open stairway with attractive wrought iron balusters makes an inviting entry to a full basement ready for your finish. There are 2 EGRESS windows and and a plumbing rough-in for a full bath. 2 Laundry hook-ups: main level and down. Large back yard!

Last Agent to Sell the Property

Roger Massey

Coldwell Banker Real Estate Group License #475128291 Listed on: 09/19/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Roger Massey

Coldwell Banker Real Estate Group License #475128291 Listed on: 09/19/2019

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,446

Year Built

  • 2016

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,446

Year Built

2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 1-5 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1579
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2016
  • Total Sq Ft: 3158
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In, Egress Window
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X6, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 11X21, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 5X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1566
  • Estimated Total Finished Sq Ft: 1579
  • Basement Sq Ft: 1579
  • Main Level Sq Ft: 1579
  • Family Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.2755

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Gas

Schools

  • Junior High Dist: 3

Lot Info

  • Lot Dimensions: 100X120
  • Parcel Identification Number: 2232477010
  • BNAR Zoning: R1A
  • Zero Lot Line: No

Tax Info

  • Taxes: 7841.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2019
Sold by
Ramakrishnan Priyadarsini and Bakthavatsalam Kannan
Bought by
Peterson Brian D and Peterson Kristin
Current Estimated Value
$408,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,780
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jun 15, 2016
Sold by
Expert Builders Of Central Illinois Llc
Bought by
Bakthavatsalam Kannan and Ramakrishnan Priyadarsini
Seller's Agent
Dotty Mitchell
BHHS Central Illinois, REALTORS
Buyer's Agent
Dotty Mitchell
BHHS Central Illinois, REALTORS
List Price
$277,865
Sold Price
$277,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$255,000
Interest Rate
3.57%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Mmbowers Inc
Bought by
Expert Builders Of Central Illinois Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
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
Peterson Brian D $219,000 Mclean County Title
Bakthavatsalam Kannan $278,000 None Available
Expert Builders Of Central Illinois Llc $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Brian D $226,780
Previous Owner Bakthavatsalam Kannan $255,000
Previous Owner Expert Builders Of Central Illinois Llc $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2020 03/09/20 Sold $218,500 -2.8% $140 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $224,900 -2.2% $144 / Sq Ft
11/19/2019 11/19/19 Price Changed $229,900 -2.1% $147 / Sq Ft
10/16/2019 10/16/19 For Sale $234,900 0.0% $150 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/15/2019 10/15/19 Price Changed $234,900 -2.1% $150 / Sq Ft
09/19/2019 09/19/19 For Sale $240,000 -13.6% $153 / Sq Ft
06/15/2016 06/15/16 Sold $277,865 0.0% $177 / Sq Ft View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $277,865 -- $177 / 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 $9,446 $129,570 $29,288 $100,282
2022 $8,268 $102,251 $25,059 $77,192
2021 $7,907 $95,758 $21,521 $74,237
2020 $7,917 $95,758 $21,521 $74,237
2019 $7,911 $95,758 $21,521 $74,237
2018 $7,842 $95,007 $21,352 $73,655
2017 $7,710 $93,410 $20,993 $72,417
2016 $5,323 $63,204 $20,983 $42,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10523522

Midwest Real Estate Data (MRED)

APN: 22-32-477-010