See Home Value
McLean 61705
306 Raef Road
$428,000
● House - Off Market

306 Raef Road

Downs, IL 61736
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,570 Ft²
$3,111
Est. Monthly
6.41%
Cap Rate

About This Property

Want a new construction home without the hassle of new construction? This home built just over a year ago is completely move-in ready. The owners are being transferred out of state, so this is your chance! This home is everything you have been searching for; Including 5 generously sized bedrooms, 3 full bathrooms, new stainless steel appliances, quartz countertops, a walk-in pantry, an awesome mud room, a freshly poured concrete pad with a hot tub that stays with the home, and contemporary style and design. On the outskirts of Bloomington in the highly desired and award winning Tri-Valley schools. This home is Empty/Cleaned and ready for occupancy, very motivated sellers!
Unit Size
3,570 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$123
Property Type
House
Property Taxes
$950
HOA Dues
-
Year Built
-

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12064303)

Price History

Date / Event Date Event Price
Oct 11, 2024 Sold
Sold
Sep 1, 2024 In contract -
In contract
Jul 17, 2024 Price Decreased $440,000
↓ $9K (2%)
Price Decreased
Jun 30, 2024 Price Decreased $449,000
↓ $10K (2.2%)
Price Decreased
May 23, 2024 Listed by HomeSmart Realty Group Illinois $459,000
Listed by HomeSmart Realty Group Illinois
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,018
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BEECHER TRAILS SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • Legal Description 1: BEECHER TRAILS SUB 1ST ADD LOT 44

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-32-480-013
  • Lot: 44
  • Municipality: OLD TOWN
  • Latitude: 40.4032
  • Longitude: -88.8861

    Address

  • Full Address: 306 Raef Rd
  • Address - House Number: 306
  • Address - Street Name: Raef
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Downs
  • Carrier Code: R003
  • 4-Digit Zip Code: 2006
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,710
  • Tax Rate Code Area: 2401

    Appraisal Valuation

  • Standard Deviation: 0.1432
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 83
  • Final Value: 460,319
  • High Value: 526,260
  • Low Value: 394,377

    Market Valuation

  • Market Total Value: $4,788
  • Market Land Value: $4,788

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,596
  • Assessed Land Value: $1,596

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2387
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About McLean


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Frequently Asked Questions

When was property at 306 Raef Road built and last sold?
The property at 306 Raef Road was built in and last sold on Feb 14, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 306 Raef Road is $444,400.
What are some comparable homes to 306 Raef Road?
There are currently no comparable homes to 306 Raef Road.