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McLean 61705
500 Raef Road
$443,000
● House - Off Market

500 Raef Road

Downs, IL 61736
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,590 Ft²
$3,120
Est. Monthly

About This Property

Welcome home to this beautifully maintained split ranch home located in the highly desirable Tri-Valley School District with no backyard neighbors! Offering the ease of one-floor living and an inviting open floor plan.  The kitchen features ample cabinetry and counter space, making meal prep and gatherings a breeze.  The master bedroom is appointed with two large walk-in closets (11x7 and 11x5).  The finished basement adds incredible versatility with additional living space including a huge family room area plus a sizable bedroom and full bath.  There is also over 500 square feet of storage in the basement.  The backyard is equipped with an oversized patio, professional landscaping and poured concrete border edging.  Additional outdoor amenities include a natural gas firepit, natural gas Blackstone griddle and hot tub all to remain for the next owners to enjoy!  The 3 car garage with this home is impeccable, boasting a 34 foot deep 3rd stall, heater, laundry sink, pre-wired for EV charger install, epoxy floor coating and floor drain.  The options are endless with this garage!!  Parking and winter maintenance are a breeze with a south facing driveway running all 3 stalls wide to the road.  Don't miss your opportunity to own this fantastic home in Tri-Valley!
Unit Size
3,590 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$125
Property Type
House
Property Taxes
$911
HOA Dues
-
Year Built
2018

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,454
  • Total Building Area: 1,783
  • Gross Building Area: 1,783
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEECHER TRAILS SUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: BEECHER TRAILS SUB LOT 6

Neighborhood

  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-32-480-006
  • Lot: 6
  • Municipality: OLD TOWN
  • Latitude: 40.4032
  • Longitude: -88.8838

    Address

  • Full Address: 500 Raef Rd
  • Address - House Number: 500
  • Address - Street Name: Raef
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Downs
  • Carrier Code: R003
  • 4-Digit Zip Code: 2010
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $910,950
  • Tax Rate Code Area: 2401

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 434,320
  • High Value: 513,252
  • Low Value: 355,388

    Market Valuation

  • Market Total Value: $336,135
  • Market Land Value: $75,177
  • Market Improvement Value: $260,958

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,045
  • Assessed Land Value: $25,059
  • Assessed Improvements Value: $86,986

    Sales

  • Current Sale Contract Date: Dec 31, 2019
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00000325
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 500 Raef Road built and last sold?
The property at 500 Raef Road was built in 2018 and last sold on Dec 31, 2019 for $317,000.
How much is this home worth?
The estimated value of the home located at 500 Raef Road is $0.
What are some comparable homes to 500 Raef Road?
There are currently no comparable homes to 500 Raef Road.