$408,000
SOLD NOV 25, 2025

507 Raef Rd Downs, IL 61736

4 Beds
2.5 Baths
3,669 Sq Ft
10,028 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

3% Below List Price

35 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Dining Room
  • Tri-Valley Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of November 2025

Welcome to 507 Raef! This amazing 1.5 story home is located in Beecher Trails Subdivision and the highly coveted Tri-Valley School District! The main level boasts an open, airy floor plan. The living room flows into the kitchen which has a large island, beautiful quartz countertops, and a pantry closet for additional storage. Just off the kitchen there is a dedicated dining space with ample room for a large dining table. The main floor primary suite is tucked away from the main living space and has a beautiful, modern bathroom and a great walk-in closet. The laundry room and a half bath round out the rest of the main level. Upstairs there are 3 additional bedrooms, one with a large walk-in closet, and an additional full bath. The basement is just waiting to be finished to add additional living space. There is room to add an additional bedroom and full bath, with plenty of space left for a large family room and ample storage. The daylight windows are a huge plus, allowing in tons of natural light! Outside, the raised deck is a great spot to sip your morning coffee and keep an eye on the kiddos or pets as they play in the backyard. Don't miss your chance to make this your home, come check it out today!

Last Agent to Sell the Property

Shannon Smith

RE/MAX Rising License #475164232 Listed on: 10/03/2025

RE/MAX Rising

Last Buyer's Agent

Katie Fudge Matthews

Coldwell Banker Real Estate Group License #475201704

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,121

Year Built

  • Built in 2022

Lot Details

  • 10,028 Sq Ft Lot
  • Lot Dimensions are 85 x 118

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,669 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

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

Community Details

  • Beecher Trails Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,121

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • 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
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 3669
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2205
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 3669

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 3

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: 0.2302
  • Lot Dimensions: 85 X 118
  • 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: 12121.2
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Nov 25, 2025
Sold by
Martin Jason and Martin Katherine
Bought by
Helvering William Conagher
Seller's Agent
Shannon Smith
RE/MAX Rising
Buyer's Agent
Katie Fudge Matthews
Coldwell Banker Real Estate Group
List Price
$420,000
Sold Price
$408,000
Premium/Discount to List
-$12,000
-2.86%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.83%
Original Mortgage
$408,000
Outstanding Balance
$408,000
Interest Rate
5.63%
Mortgage Type
VA
Estimated Equity
$10,365

Purchase Details

Listed on
Jan 23, 2022
Closed on
May 31, 2022
Sold by
Mmbowers Inc
Bought by
Martin Jason and Martin Katherine
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Shannon Smith
RE/MAX Rising
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$316,000
Interest Rate
4.13%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $408,000 None Listed On Document
Warranty Deed $395,000 Bugg Todd E
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 VA
Previous Owner $316,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Sold $408,000 -2.9% $111 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $420,000 +6.3% $114 / Sq Ft
05/31/2022 05/31/22 Sold $395,000 0.0% $108 / Sq Ft View Prior Sale
01/25/2022 01/25/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $395,000 -- $108 / 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 $5,904 $144,576 $29,288 $115,288
2022 $5,904 $68,731 $25,059 $43,672
2021 $108 $1,226 $1,226 $0
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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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12484955

Midwest Real Estate Data (MRED)

APN: 22-32-479-009