40357 505th St, Frazee, MN 56544
OFF MARKET

40357 505th St
Frazee, MN 56544

  • Studio
  • 1 Bath
  • 768 sqft (on 7.90 acres)

$296,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,781/mo*

$296,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,781/mo*
Studio
1 Bath
768 sqft
(on 7.90 acres)

Home Value

Trulia Estimate
$296K
Since last month
Decreased$5K (-1.6%)
Since last year
Increased$20K (+7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$296K
July 2026$301K
June 2026$291K
May 2026$287K
April 2026$269K
March 2026$262K
February 2026$251K
January 2026$243K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.82
Single-Family Home
$135,000
02/11/26
2
1
720
2.80
Single-Family Home
$248,900
12/03/25
3
1.5
1,283
2.73
Single-Family Home
$395,000
02/11/26
3
3.5
3,414
2.90
Single-Family Home
$116,200
07/23/26
3
1
1,051
3.16
Single-Family Home
$113,000
06/22/26
2
1
1,153
2.99
Single-Family Home
$150,000
09/12/25
4
1.5
1,680
3.11
Single-Family Home
$124,000
08/05/26
3
1
1,715
3.08
Single-Family Home
$585,000
06/12/26
6
4
5,472
3.12
Single-Family Home
$290,000
03/23/26
3
2.5
1,836
3.53
Single-Family Home
$189,000
09/15/25
2
1
600

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.16
-
-
-
-
Off Market
0.60
$114,000
-
-
-
For Sale
0.63
-
-
-
-
Off Market
0.62
-
-
-
-
Off Market
0.66
-
-
-
-
Off Market
0.66
-
-
-
-
Off Market
0.66
$79,500
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 40357 505th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1976
Lot Size
7.9 acres
Living Area
768 sqft
Price/Sqft
$386
Parking
Garage

About this House

This single-family home is located at 40357 505th St, Frazee, MN. 40357 505th St is in Frazee, MN and in ZIP code 56544. This property has 1 bathroom and approximately 768 sqft of floor space. This property has a lot size of 7.90 acres and was built in 1976.
40357 505th St, Frazee, MN 56544 is a studio, 1 bathroom, 768 sqft single-family home built in 1976. It is currently off market. The Trulia Estimate is $296,100, with a rent estimate of $1,308/month.

Home Details for 40357 505th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air Conditioning

Exterior Features

Exterior Home Features
Roof: MetalExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7.90 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,933
$344,300
Home facts updated by county records

Market trends in Frazee

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

What Locals Say about Frazee

At least 2 Trulia users voted on each feature.
  • 100 % Say kids play outside

  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 80 % Say car is needed

  • 75 % Say streets are well-lit

  • 75 % Say there's holiday spirit

  • 67 % Say neighbors are friendly

  • 67 % Say yards are well-kept

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say it's walkable to grocery stores

  • 60 % Say people would walk alone at night

  • 50 % Say it's dog friendly

  • 50 % Say it's quiet

  • 50 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 40357 505th St

  • What is 40357 505th St estimated to be worth?
    Trulia's estimated value for 40357 505th St in Frazee, MN is $296,100.
  • What are the closest schools to 40357 505th St?
    The closest schools to 40357 505th St in Frazee, MN are Frazee Elementary School (Pre-K, rated 8/10), Frazee Secondary (Middle/High, rated 6/10).
  • How big is the lot at 40357 505th St?
    The lot at 40357 505th St in Frazee, MN is about 7.9 acres.
  • Does 40357 505th St have a garage?
    Yes, 40357 505th St in Frazee, MN has a garage.

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Off Market Homes Near 40357 505th St

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