$292,900
- 3 Beds
- 1,120 sqft (on 0.25 acres)
511 2nd Ave SW, Rice, MN 56367
Est. Refi. Payment $1,900/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 15, 2021 for $253,700
Home Value
Trulia Estimate
$293KSince 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
| Month | Estimated 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
-- mins to
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
|
|---|
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
|
|---|
Exterior Home Features Roof: AsphaltExterior: Other, BrickFoundation Type: Concrete Block |
Parking & Garage GarageParking: Garage Attached |
|
|---|
Year Built Year Built: 2021 |
Property Type / Style Property Type: Lot Land |
|
|---|
Lot Area: 0.25 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jun 17, 2020 Source: Agent Provided | Listed For Sale | $20,000 |
Feb 14, 2020 Source: Agent Provided | ListingRemoved | $20,000 |
Nov 18, 2019 Source: Agent Provided | Listed For Sale | $20,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,254 | $315,200 |
Home facts updated by county records
Market trends in Rice
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22
5MoM
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.
LGBTQ Local Legal Protections
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.