506 3rd Ave E, Raymond, MN 56282
OFF MARKET

506 3rd Ave E
Raymond, MN 56282

  • Studio
  • 1 Bath
  • 1,118 sqft

$177,000

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,124/mo*

$177,000

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,124/mo*
Studio
1 Bath
1,118 sqft

Home Value

Trulia Estimate
$177K
Since last month
Increased$4K (+2.4%)
Since last year
Increased$8K (+4.9%)
Since last sale
Increased$113K (+176.6%)
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 increased by +112% in the last 10 years
MonthEstimated value
2026
August 2026$177K
July 2026$171K
June 2026$173K
May 2026$162K
April 2026$168K
March 2026$157K
February 2026$163K
January 2026$159K
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
0.17
Single-Family Home
$122,400
01/16/26
2
1
1,254
0.06
Single-Family Home
$155,000
01/12/26
2
1.5
1,120
0.11
Single-Family Home
$228,500
03/30/26
1
1,448
0.35
Single-Family Home
$68,457
09/25/25
1
1
568
0.09
Single-Family Home
$210,000
07/10/26
1
1,296
0.16
Single-Family Home
$220,000
11/24/25
3
2
1,131
0.10
Single-Family Home
$125,000
06/01/26
2
2,358
0.17
Single-Family Home
$220,000
12/01/25
3
2
1,663
0.14
Single-Family Home
$255,000
05/04/26
1
1,320
0.23
Single-Family Home
$200,000
08/20/25
2
2
1,452

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
0.05
$184,000
2
2
1,124
Off Market
0.03
$252,500
3
2.5
1,820
Off Market
0.04
$203,900
3
2
2,584
Off Market
0.04
$216,700
3
1.5
1,755
Off Market
0.08
$139,800
4
2
1,282
Off Market
0.06
$232,400
2
2
1,664
Off Market
0.08
$224,900
3
1
1,717
For Sale
0.10
$303,300
3
2
2,208
Off Market
0.12
$161,900
3
1
1,260
Off Market
0.15
$152,000
5
2
2,590
Recently Sold
0.16
$220,000
3
2
1,131
Recently Sold
0.16
$514,400
4
2.5
3,123
Off Market

Local Information

  • Map ViewExplore the area around 506 3rd Ave E.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Living Area
1,118 sqft
Price/Sqft
$158
Parking
Garage

About this House

This single-family home is located at 506 3rd Ave E, Raymond, MN. 506 3rd Ave E is in Raymond, MN and in ZIP code 56282. This property has 1 bathroom and approximately 1,118 sqft of floor space. This property was built in 1959.
506 3rd Ave E, Raymond, MN 56282 is a studio, 1 bathroom, 1,118 sqft single-family home built in 1959. It last sold for $64,000 on Oct 21, 2021. It is currently off market. The Trulia Estimate is $177,000, with a rent estimate of $1,395/month.

Home Details for 506 3rd Ave E

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Deck
Parking & Garage
GarageParking: Garage Attached

Price and Tax history

DateEventPrice
Oct 21, 2021
Source: N/A
Sold
$64,000

Market trends in Raymond

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
5
1
MoM
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Raymond

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

  • 100 % Say it's dog friendly

  • 80 % Say there's wildlife

  • 75 % Say car is needed

  • 67 % Say neighbors are friendly

  • 67 % Say there's holiday spirit

  • 67 % Say yards are well-kept

  • 67 % Say parking is easy

  • 60 % Say it's quiet

  • 40 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 33 % Say people would walk alone at night

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Brandon Jensen
    "Driving to willmar from Raymond is an easy commute because our easy access to highway 23. Commuting either direction is easy"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 506 3rd Ave E

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Off Market Homes Near 506 3rd Ave E

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Frequently asked questions about 506 3rd Ave E

  • What is 506 3rd Ave E estimated to be worth?
    Trulia's estimated value for 506 3rd Ave E in Raymond, MN is $177,000.
  • What is the price history for 506 3rd Ave E?
    506 3rd Ave E in Raymond, MN last sold for $64,000 in October 2021.
  • Is Raymond a buyer's or seller's market?
    Raymond is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 506 3rd Ave E?
    The closest schools to 506 3rd Ave E in Raymond, MN are MacCray Elementary (Pre-K, rated 6/10), Maccray Secondary (Middle/High, rated 4/10).
  • Does 506 3rd Ave E have a garage?
    Yes, 506 3rd Ave E in Raymond, MN has a garage.