See Home Value
McLean 61705
402 Raef Road
$518,000
● House - Off Market

402 Raef Road

Downs, IL 61736
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,400 Ft²
$3,546
Est. Monthly
4.20%
Cap Rate

About This Property

Check out this stunning 5 bedroom, 4.5 bath home with finished basement and 3 car garage in Beecher Trails Subdivision which goes to the award winning Tri-Valley School district! This modern and elegant home is turnkey ready for its next family. Step into an open-concept main floor plan where a contemporary kitchen dazzles with stainless steel appliances, granite countertops, island with bar seating, pantry, coffee bar area and so much more.  The kitchen flows seamlessly into the eat-in area and living room that is ideal for gatherings. There is a formal dinning room for entertaining and office space with sliding doors (could be possible 6th bedroom). The 13X6 mudroom is super multi-functional as it serves as a drop zone and additional pantry space. On the second floor find a spacious primary suite that impresses with a fully tiled shower, double sinks, and a walk-in closet. The three additional bedrooms on this level are nicely sized and one shares a jack and jill style bathroom, while the other has its own private on-suite. Second floor located laundry service. The fully finished basement features a massive family room, bedroom, full bathroom, and ample storage! Outside you can enjoy the patio space and yard with friends and family this summer.
Unit Size
4,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$120
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
2015

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 1,675
  • Gross Building Area: 1,675
  • Building Area: 1,675
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,675
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEECHER TRAILS SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: BEECHER TRAILS SUB LOT 10

Neighborhood

  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-32-480-010
  • Lot: 10
  • Municipality: OLD TOWN
  • Latitude: 40.4032
  • Longitude: -88.885

    Address

  • Full Address: 402 Raef Rd
  • Address - House Number: 402
  • Address - Street Name: Raef
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Downs
  • Carrier Code: R003
  • 4-Digit Zip Code: 2008
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,059,184
  • Tax Rate Code Area: 2401

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 459,594
  • High Value: 556,113
  • Low Value: 363,074

    Market Valuation

  • Market Total Value: $387,903
  • Market Land Value: $75,177
  • Market Improvement Value: $312,726

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,301
  • Assessed Land Value: $25,059
  • Assessed Improvements Value: $104,242

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Price:
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 20117
  • Previous Sale Recording Date: Sep 22, 2015
  • Previous Sale Contract Date: Sep 09, 2015
  • Previous Sale Amount: $354,000
  • Previous Sale Document Type: 71
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 402 Raef Road built and last sold?
The property at 402 Raef Road was built in 2015 and last sold on Oct 26, 2022 for $25,333.
How much is this home worth?
The estimated value of the home located at 402 Raef Road is $0.
What are some comparable homes to 402 Raef Road?
There are currently no comparable homes to 402 Raef Road.