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$449,900 Contingent
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Property Description
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!
Full Property Details
Full Property Details for 500 Raef Rd
General
- Price: $449,900
- Taxes: $10,929 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12564612
- Updated: 2/19/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: Partially
- Interior Features: 1st-Floor Bedroom, Built-in Features, Walk-In Closet(s), Open Floorplan, Granite Counters
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Rented
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Additional Information
- Equipment: Water Softener (Rented), Ceiling Fan(s)
Exterior
- Exterior Features: Hot Tub, Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Concrete, Garage Door Opener, Yes, Other, Attached, Garage
Location
- Area: Downs
- County: McLean
- Township: Old Town
- Subdivision: Beecher Trails
- Driving Directions: Rte 150 to Right on N 2000 East Rd., Right on Raef
School Information
- School District: 3
- Elem School District: 3
- Midd School District: 3
- High School District: 3
- Elementary School: Tri-Valley Elementary School
- Middle School: Tri-Valley Junior High School
- High School: Tri-Valley High School
- Private School: Tri-Valley High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Sub-Flooring: Hardwood
- Square Feet: 3,590
- Sq. Ft. Source: Builder
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.2404
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 88 x 119
Financial Considerations
- Assessment Year: 2018
- Tax Amount: $10,929.7
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2232480006
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Schools
Schools serving 500 Raef Rd
School District:Tri-Valley Community Unit School District 3
| Name | Grades | Distance |
|---|---|---|
Tri-Valley Elementary School 409 East Washington Street, Downs, IL 61736 | PK-3 | 1 mi |
Tri-Valley Middle School 505 East Washington Street, Downs, IL 61736 | 4-8 | 1.3 mi |
Tri-Valley High School 503 East Washington Street, Downs, IL 61736 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Raef Rd
Date
Details
Price
Change
Source
2/13/2026
Listed
$449,900
41.92%
MLS
12/31/2019
Sold
$317,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Raef Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,930
12%
$130,954
10%
2023
$9,744
7%
$119,440
7%
2022
$9,110
4%
$112,045
6%
2021
$8,778
—
$105,656
—
2020
$8,790
8039%
$105,656
8518%
2019
$108
—
$1,226
1%
2019
$108
1%
$1,216
2%
2018
$107
2%
$1,196
1%
2016
$105
—
$1,185
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Raef Rd
500 Raef Road, Downs, IL 61736 (MLS# 12564612) is a Single Family property with 4 bedrooms and 3 full bathrooms. 500 Raef Road is currently listed for $449,900 and was received on February 13, 2026. Want to learn more about 500 Raef Road? Do you have questions about finding other Single Family real estate for sale in Downs? You can browse all Downs real estate or contact a Coldwell Banker agent to request more information.
