NOT LISTED FOR SALE

506 Raef Rd Downs, IL 61736

Estimated Value: $449,000 - $468,000

4 Beds
4 Baths
3,670 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $375,000 $102 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,003/month

13 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attached Garage
  • Tri-Valley Elementary School Rated A
  • Walk-In Pantry
  • Walk-In Closet

About This Home

As of March 2021

Wow!"The Shalimar Plan" 4 Bedroom 3.5 Bath in Beecher Trails! Curb appeal with stone column & modern farmhouse look. Superb open feel has elevated ceilings, two fireplaces (family room & master suite), large kitchen, unique focal staircase, plant ledge, grand foyer, and awesome stairway that overlooks foyer. Main floor has flex room, family room, huge kitchen with tons of cabinets as well as the laundry with a nice drop zone and 1/2 bath. The 2nd floor features large bedrooms with generous sized closets, and a well appointed master with corner fireplace and beautiful master bath. The finished basement has 9' ceilings, spacious family room, 4th bedroom and a full bath. This home has an enlarged 3-car garage, no backyard neighbors...and all in award winning Tri Valley schools. This won't last so grab this amazing home! Broker Owned

Last Listed By

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510 Listed on: 02/09/2021

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,868

Year Built

  • 2021

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Family Room Downstairs

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

Partially Finished Basement

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

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,868

Year Built

2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2390
  • Unfinished Basement Sq Ft: 558
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2021
  • Total Sq Ft: 3670
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Interior Property Features: Walk-In Closet(s), Open Floorplan
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 25X15, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Family Room - Down
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Family Room - Down, Dimensions: 22X18, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 3670
  • Estimated Total Finished Sq Ft: 3112
  • Basement Sq Ft: 1280
  • Basement Finished Sq Ft: 722
  • Main Level Sq Ft: 1280
  • Upper Level Sq Ft: 1110
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Stone
  • Exterior Property Features: Patio
  • Acreage: 0.2322

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • 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

  • School District: 3
  • Elementary School: Tri-Valley Elementary School
  • Middle School: Tri-Valley Junior High School
  • High School: Tri-Valley High School
  • Junior High Dist: 3

Lot Info

  • Lot Dimensions: 85 X 119
  • Parcel Identification Number: 2232480003
  • Zero Lot Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Clarkson David W and Clarkson Molly A
Bought by
Huff Ryan and Huff Lisa
Total Days on Market
13
Current Estimated Value
$458,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$356,895
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$101,897

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 25, 2021
Sold by
Mmbowers Inc
Bought by
Clarkson David W and Clarkson Molly A
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Kindi Bliss
Coldwell Banker Real Estate Group
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$115,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Range of Values:

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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
Huff Ryan $450,000 Alliance Land Title
Clarkson David W $375,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huff Ryan $360,000
Previous Owner Clarkson David W $115,000
Previous Owner Mmbowers Inc $249,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $375,000 0.0% $102 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $375,000 -- $102 / 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
2022 $9,868 $120,877 $25,059 $95,818
2021 $7,845 $93,700 $21,518 $72,182
2020 $108 $1,226 $1,226 $0
2019 $108 $1,226 $1,226 $0
2018 $107 $1,216 $1,216 $0
2017 $106 $1,196 $1,196 $0
2016 $105 $1,185 $1,185 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10991646

Midwest Real Estate Data (MRED)

APN: 22-32-480-003