NOT LISTED FOR SALE

501 Raef Downs, IL 61736

Estimated Value: $501,333 - $522,000

6 Beds
4 Baths
4,458 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $352,500 $79 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,391/month

176 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Traditional Architecture
  • Tri-Valley Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2020

Amazing 1.5 story open floor plan in Beecher Trails! First floor Master Suite W/ gorgeous bath and walk in closet. 2 story Family Room w/gas fireplace. Custom Kitchen w/Granite countertops, ample cabinet space, center island eating bar and Pantry. Beautiful wood floors, 4 large Bedrooms up. Daylight windows in the finished basement w/ Family Room, Bedroom and full bath. Large Deck and lot!

Last Agent to Sell the Property

Jodi McDermott

RE/MAX Rising License #475164315 Listed on: 02/24/2020

RE/MAX Rising

Co-Listed By

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510

Last Buyer's Agent

Louis Kappler

Brinkoetter & Associates License #475174379

Home Details

Home Type

  • Single Family

Year Built

  • 2016

Lot Details

  • 0.28

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room Downstairs
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Basement Window Egress

Utilities

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

Additional Features

  • Deck
  • Landscaped Professionally

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2833
  • Style Of House: Traditional
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2016
  • Total Sq Ft: 4458
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 10
  • Appliances: Dishwasher, Oven/Range, Microwave
  • Fireplace Details: Gas Logs
  • Basement: Full
  • Basement: Finished, Egress Window
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 8X9, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X24, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Family Room - Down
  • Master Bedroom: Dimensions: 15X16, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 11X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Family Room - Down, Dimensions: 20X28, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 4458
  • Estimated Total Finished Sq Ft: 3652
  • Basement Sq Ft: 1625
  • Basement Finished Sq Ft: 819
  • Main Level Sq Ft: 1625
  • Upper Level Sq Ft: 1208
  • Family Room: Dimensions: 16X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck

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: Gas, Forced Air

Schools

  • Junior High Dist: 3

Lot Info

  • Lot Dimensions: 105 X 118
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 2232479006
  • BNAR Zoning: R1A
  • Zero Lot Line: No

Tax Info

  • Taxes: 10735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Oct 6, 2020
Sold by
Loose Joshua James and Loose Kala C
Bought by
Sanchez Michael
Seller's Agent
Jodi McDermott
RE/MAX Rising
Buyer's Agent
Louis Kappler
Brinkoetter & Associates
List Price
$400,000
Sold Price
$352,500
Premium/Discount to List
-$47,500
-11.88%
Current Estimated Value
$513,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,583
Avg. Annual Appreciation
7.41%
Original Mortgage
$352,500
Outstanding Balance
$312,109
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$200,974

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 18, 2017
Sold by
Iuvo Constructum Llc
Bought by
Loose Joshua James and Loose Kala C
Seller's Agent
Deb Connor
Coldwell Banker Real Estate Group
Buyer's Agent
Camille Cornwell
Coldwell Banker Real Estate Group
List Price
$356,900
Sold Price
$356,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$303,000
Interest Rate
4.16%
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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Purchase History

Date Buyer Sale Price Title Company
Sanchez Michael $352,500 Illinois Title Group Llc
Loose Joshua James $357,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Michael $352,500
Previous Owner Loose Joshua James $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $352,500 -2.1% $79 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/26/2020 07/26/20 Price Changed $360,000 -1.4% $81 / Sq Ft
07/11/2020 07/11/20 Price Changed $365,000 -2.7% $82 / Sq Ft
06/10/2020 06/10/20 Price Changed $375,000 -2.6% $84 / Sq Ft
04/25/2020 04/25/20 Price Changed $385,000 -3.8% $86 / Sq Ft
02/24/2020 02/24/20 For Sale $400,000 +12.1% $90 / Sq Ft
01/23/2017 01/23/17 Sold $356,900 0.0% $126 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $356,900 -- $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 $8,498 $164,570 $29,288 $135,282
2022 $8,498 $121,656 $25,059 $96,597
2021 $8,498 $117,000 $22,349 $94,651
2020 $8,498 $122,815 $22,349 $100,466
2019 $10,296 $122,815 $22,349 $100,466
2018 $10,736 $121,853 $22,174 $99,679
2017 $10,567 $119,804 $21,801 $98,003
2016 $105 $1,185 $1,185 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10647362

Midwest Real Estate Data (MRED)

APN: 22-32-479-006