NOT LISTED FOR SALE

509 Raef Rd Downs, IL 61736

Estimated Value: $453,000 - $467,000

3 Beds
2 Baths
1,615 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $365,550 $226 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,210/month

179 Days on Market

Highlights

  • Attached Garage
  • Tri-Valley Elementary School Rated A
  • 1-Story Property

About This Home

As of March 2022

This 3 bedroom 2 bath ranch has an open main floor with an oversized 3 car garage and covered patio. The bedrooms are split with a private owners' suite on one side and the other bedrooms on the opposite side of the home. The basement has daylight windows and tons of space, but will remain unfinished as currently priced. The finishes are beautiful and the layout is very functional. Do not miss this great opportunity to purchase a brand new amazing ranch in Tri-Valley Schools! Agent owned. This is the very popular Gossamer plan.

Last Agent to Sell the Property

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510 Listed on: 07/28/2021

BHHS Central Illinois, REALTORS

Co-Listed By

Jodi McDermott

RE/MAX Rising License #475164315

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,670

Year Built

  • 2021

Lot Details

  • 0.29

Parking

  • Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 1,615 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,670

Year Built

2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Co List Office Mls Id: MRD97004
  • Co List Office Phone: (309) 663-7653
  • Directions: Beecher Trails in Downs. Route 150 to South on 2000 East Road to West on Raef.
  • Lot Size: 105 X 118 X 107 X 118
  • New Construction: Yes
  • Ownership: Fee Simple
  • Subdivision Name: Beecher Trails
  • Actual Status: Closed
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1615
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 3230
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

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

Garage/Parking

  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 3
  • Middle Or Junior School: Tri-Valley Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 108.06
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Mar 1, 2022
Sold by
Mmbowers Inc
Bought by
Smith Jeffery J and Gronsky Amanda M
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$365,000
Sold Price
$365,550
Premium/Discount to List
$550
0.15%
Current Estimated Value
$456,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,068
Avg. Annual Appreciation
6.11%
Original Mortgage
$328,995
Outstanding Balance
$307,249
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$149,369
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 Buyer Sale Price Title Company
Smith Jeffery J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeffery J $328,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $365,550 +0.2% $226 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
07/28/2021 07/28/21 For Sale $365,000 -- $226 / 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 $9,670 $137,448 $29,288 $108,160
2022 $9,670 $117,601 $25,059 $92,542
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: 11171662

Midwest Real Estate Data (MRED)

APN: 22-32-479-010