511 2nd Ave SW, Rice, MN 56367
OFF MARKET

$292,900

Trulia Estimate
  • 3 Beds
  • 1,120 sqft (on 0.25 acres)

511 2nd Ave SW, Rice, MN 56367

Est. Refi. Payment $1,900/mo*
Refinance Your Home
Currently Off Market - Sold Jul 15, 2021 for $253,700

Home Value

Trulia Estimate
$293K
Since last month
Decreased$10K (-3.2%)
Since last year
Decreased$16K (-5.3%)
Since last sale
Increased$38K (+14.9%)
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 +15% in the last 10 years
MonthEstimated value
2026
September 2026$292K
August 2026$301K
July 2026$291K
June 2026$296K
May 2026$294K
April 2026$297K
March 2026$294K
February 2026$290K
January 2026$286K
2025
2024
2023
2022
2021

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
0.14
Lot/Land
$58,500
10/28/25
-
-
1.49
Lot/Land
$242,350
08/28/26
-
-
1.76
Lot/Land
$515,000
05/20/26
-
-
2.81
Lot/Land
$320,000
10/10/25
-
-
3.20
Lot/Land
$115,900
06/04/26
-
-
3.17
Lot/Land
$108,900
02/27/26
-
-
3.24
Lot/Land
$110,000
06/26/26
-
-
4.05
Lot/Land
$203,000
11/21/25
-
-
3.37
Lot/Land
$57,900
08/12/26
-
-
3.37
Lot/Land
$57,000
09/17/26
-
-

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
0.07
$336,500
3
3
2,155
Off Market
0.03
$321,600
3
2
1,955
Off Market
0.09
$289,500
2
1
1,856
Recently Sold
0.10
$281,000
2
1
928
Off Market
0.09
$295,500
2
1
928
For Sale
0.11
$275,900
2
1
928
Off Market
0.08
$340,200
4
2
1,952
Off Market
0.06
$267,200
2
1
1,083
Off Market
0.11
-
-
-
-
Off Market
0.07
$333,000
4
2.5
2,298
Recently Sold
0.11
$290,000
2
1
1,856
Recently Sold
0.11
$299,900
3
1
1,320
Recently Sold

Local Information

  • Map ViewExplore the area around 511 2nd Ave SW.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Lot/Land
Built in 2021
0.25 acre lot
1,120 sqft
$262/sqft
Garage

About this House

Residential Building Lots Available! City Services. OPEN TO ALL BUILDERS. Homes built will qualify for RD Financing.
511 2nd Ave SW, Rice, MN 56367 is a 3 bedroom, 1,120 sqft lot/land built in 2021. It last sold for $253,700 on Jul 15, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $292,900.

Home Details for 511 2nd Ave SW

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other, BrickFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Lot Land

Lot Information

Lot Area: 0.25 acres

Price and Tax history

DateEventPrice
Jul 15, 2021
Source: NorthstarMLS as distributed by MLS GRID #5716586
Sold
$253,700
Mar 9, 2021
Source: NorthstarMLS as distributed by MLS GRID #5716586
Pending
$249,900
Feb 25, 2021
Source: NorthstarMLS as distributed by MLS GRID #5716586
Listed For Sale
$249,900
Aug 10, 2020
Source: NorthstarMLS as distributed by MLS GRID #5609705
Sold
$16,000
Jul 14, 2020
Source: Agent Provided
Pending
$20,000

Market trends in Rice

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
22
5
MoM

Around this home

What Locals Say about Rice

At least 8 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 82 % Say they plan to stay for at least 5 years

  • 82 % Say car is needed

  • 80 % Say people would walk alone at night

  • 75 % Say kids play outside

  • 75 % Say parking is easy

  • 67 % Say there's wildlife

  • 66 % Say neighbors are friendly

  • 63 % Say it's dog friendly

  • 50 % Say there's holiday spirit

  • 50 % Say it's quiet

  • 50 % Say there are community events

  • 40 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 10 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Sara.steffen23
    "Neighbors are great, area is beautiful and cabin feeling. School district is favorable. No complaints "
  • Virginia Voigt
    "We have lived here for almost 12 years now. Our neighbors are incredible. It is a safe place to raise kids and now our grandkids."
  • Tina P.
    "I've lived in my neighbor hood for 15 years and everyone watches out for their neighbors. small town living is best and easy short commute to allot of jobs"

LGBTQ Local Legal Protections

Frequently asked questions about 511 2nd Ave SW

  • What is 511 2nd Ave SW estimated to be worth?
    Trulia's estimated value for 511 2nd Ave SW in Rice, MN is $292,900.
  • What is the price history for 511 2nd Ave SW?
    511 2nd Ave SW in Rice, MN last sold for $253,700 in July 2021.
  • Is Rice a buyer's or seller's market?
    Rice is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Rice?
    Residents describe Rice, MN as well-kept, established, and easy to park in. Most residents say you need a car. See recently sold homes in Rice, MN.

Apartments for Rent

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Off Market Homes Near 511 2nd Ave SW

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Homes for sale near 511 2nd Ave SW

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