NOT LISTED FOR SALE

504 Raef Rd Downs, IL 61736

Estimated Value: $417,000 - $498,000

3 Beds
3.5 Baths
1,890 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $412,500 $218 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,193/month

1 Day on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Great Room
  • Tri-Valley Elementary School Rated A
  • Sun or Florida Room
  • Lower Floor Utility Room

About This Home

As of July 2022

Don't miss your chance at this great 4 bedroom, 3.5 bath home in the Tri-Valley school district. Over 3800 sq ft with a fully finished basement and bonus 5th bedroom. Almost new everything. Roof, HVAC, central air, sump pump and all appliances from 2017. So much potential with a main level sunroom, great patio area with large fenced in yard. No backyard neighbors. All new updated light fixtures through out the home. 4th bedroom in basement with large walk-in closet. The 5th room in basement is currently being used as a bedroom but has potential for a home office, playroom or so much more. Laundry room is on main level. Deep 2 car garage. This one won't last long! Schedule your private showing today.

Last Agent to Sell the Property

Kristen Dilley

eXp Realty-Champaign License #475192791 Listed on: 06/15/2022

eXp Realty-Champaign

Last Buyer's Agent

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,321

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 85 x 119

Parking

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

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,321

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1890
  • Room Type: Bedroom 5, Great Room, Recreation Room, Sun Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 3090
  • Basement Description: Finished,Egress Window,Rec/Family Area,Sleeping Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Fireplace Location: Living Room
  • Total Sq Ft: 3263
  • Bathroom: Full

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 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

Lot Info

  • Lot Dimensions: 85 X 119
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 8321.14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 15, 2022
Sold by
Lynn Lyons Emmy and Lynn Michael Jeromy
Bought by
Newingham Shawn and Newingham Lindsey
Seller's Agent
Kristen Dilley
eXp Realty-Champaign
Buyer's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
List Price
$409,500
Sold Price
$412,500
Premium/Discount to List
$3,000
0.73%
Current Estimated Value
$469,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,513
Avg. Annual Appreciation
3.87%
Original Mortgage
$330,000
Outstanding Balance
$314,335
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$154,678

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 9, 2019
Sold by
Caruso Jennifer
Bought by
Lyons Jeromy Michael and Lyons Emmy Lynn
Seller's Agent
Ken Hoffacker
RE/MAX Choice
Buyer's Agent
Lisa Lockenvitz
Coldwell Banker Real Estate Group
List Price
$324,900
Sold Price
$311,750
Premium/Discount to List
-$13,150
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$233,813
Interest Rate
3.6%

Purchase Details

Listed on
Dec 1, 2016
Closed on
Sep 25, 2017
Sold by
Expert Builders Of Central Illinois Llc
Bought by
Caruso Jennifer
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Bryan Dillow
eXp Realty
List Price
$312,000
Sold Price
$295,500
Premium/Discount to List
-$16,500
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$160,550
Interest Rate
3.89%

Purchase Details

Closed on
Apr 5, 2016
Sold by
Mmbowers Inc
Bought by
Expert Builders Of Central Illinois Llc
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
Newingham Shawn $412,500 Luebchow Kevin H
Lyons Jeromy Michael $312,000 Mclean County Title
Caruso Jennifer $295,500 Attorney
Expert Builders Of Central Illinois Llc $63,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newingham Shawn $330,000
Previous Owner Lyons Jeromy Michael $233,813
Previous Owner Caruso Jennifer $160,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $412,500 +0.7% $218 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $409,500 +31.4% $217 / Sq Ft
11/05/2019 11/05/19 Sold $311,750 -4.0% $164 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $324,900 +9.9% $171 / Sq Ft
09/25/2017 09/25/17 Sold $295,500 -5.3% $156 / Sq Ft View Prior Sale
08/11/2017 08/11/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $312,000 -- $165 / 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 $8,689 $150,888 $29,288 $121,600
2022 $8,689 $107,147 $25,059 $82,088
2021 $8,321 $100,464 $21,518 $78,946
2020 $8,332 $100,464 $21,518 $78,946
2019 $8,326 $100,464 $21,518 $78,946
2018 $8,253 $99,676 $21,349 $78,327
2017 $2,020 $22,900 $6,845 $16,055
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: 11432159

Midwest Real Estate Data (MRED)

APN: 22-32-480-004