Spacious 5-bedroom, 2-bath home offering over 2,000 finished square feet and a great combination of updates and functionality. The main level features a bright living room with vaulted ceilings and abundant natural light, along with a formal dining area that opens to a patio door leading to space for a future deck. The kitchen includes a breakfast nook, flat-panel cabinetry, and a functional layout. Two bedrooms are located on the upper level, including a primary suite with a large walk-in closet, along with an updated full bath and fresh paint and flooring throughout the upper level. The lower level offers three additional bedrooms, a full bath, and a generous family room providing plenty of space for relaxing or entertaining. Additional features include six-panel doors, central air, a newer high-efficiency furnace and water heater, and an insulated and heated two-stall garage. Situated on a large 1/3-acre city lot, the property includes a new maintenance free fence, a very spacious patio added in 2022, in-ground sprinklers, concrete driveway, and mature landscaping with apple and plum trees. School bus service from Royalton, Sauk Rapids-Rice, and Holdingford is conveniently available nearby. Conveniently located near parks, downtown Rice, and Highway 10 for easy commuting.
Closed
$320,000
505 7th Ave SW, Rice, MN 56367
5beds
2,196sqft
Single Family
Built in 2005
0.32 Acres Lot
$319,800 Zestimate®
$146/sqft
$2,269 Estimated rent
Home value
$319,800
$297,000 - $345,000
$2,269/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,269/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,269/mo
Rent Zestimate®
Refinance and save
$1,997/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$1,997/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Chuck Zwilling 320-249-1504,
RE/MAX Results,
Becca Ruegemer 320-282-8901
Bought with:
Chuck Zwilling
RE/MAX Results
Becca Ruegemer
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Upper
- Area: 121.28 Square Feet
- Dimensions: 12'4 x 9'10
Bedroom 2
- Level: Upper
- Area: 105.92 Square Feet
- Dimensions: 10'4 x 10'3
Bedroom 3
- Level: Lower
- Area: 107.15 Square Feet
- Dimensions: 11'7 x 9'3
Bedroom 4
- Level: Lower
- Area: 95.67 Square Feet
- Dimensions: 10'3 x 9'4
Bedroom 5
- Level: Lower
- Area: 90.75 Square Feet
- Dimensions: 10'1 x 9'
Dining room
- Level: Upper
- Area: 105.88 Square Feet
- Dimensions: 10'6 x 10'1
Family room
- Level: Lower
- Area: 227.13 Square Feet
- Dimensions: 17'3 x 13'2
Informal dining room
- Level: Upper
- Area: 112.6 Square Feet
- Dimensions: 11'2 x 10'1
Kitchen
- Level: Upper
- Area: 105.88 Square Feet
- Dimensions: 10'6 x 10'1
Living room
- Level: Upper
- Area: 216.9 Square Feet
- Dimensions: 16'2 x 13'5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Washer
- Laundry: Lower Level, Laundry Room
Features
- Basement: Block,Egress Window(s),Finished,Full,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 2,196
- Total interior livable area: 2,196 sqft
- Finished area above ground: 1,098
- Finished area below ground: 945
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x24)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Patio
- Fencing: Partial,Vinyl
Lot
- Size: 0.32 Acres
- Dimensions: 52 x 89 x 135 x 146
- Features: Irregular Lot, Tree Coverage - Light
Details
- Foundation area: 1098
- Parcel number: 150074300
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt,Pitched
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Minnesota Power
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Rice
- Subdivision: Field Of Dreams
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $320,000+3.3%$146/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7033706 Report a problem | ||
| 4/22/2026 | Pending sale | $309,900$141/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033706 Report a problem | ||
| 4/15/2026 | Price change | $309,900-3.1%$141/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033706 Report a problem | ||
| 4/3/2026 | Listed for sale | $319,900+60.1%$146/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033706 Report a problem | ||
| 1/15/2020 | Sold | $199,800$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5259725 Report a problem | ||
| 12/16/2019 | Pending sale | $199,800$91/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 10/27/2019 | Price change | $199,800-2.4%$91/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 9/21/2019 | Price change | $204,800-2.4%$93/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 8/27/2019 | Price change | $209,800-2.4%$96/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 8/6/2019 | Price change | $214,900-2.3%$98/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 7/17/2019 | Price change | $219,900-2.2%$100/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 7/9/2019 | Listed for sale | $224,900+80.1%$102/sqft |
Source: Your Next Place Real Estate #5259725 Report a problem | ||
| 3/30/2009 | Sold | $124,900-38.1%$57/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1134628 Report a problem | ||
| 5/5/2006 | Sold | $201,900$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,044 +7.6% | $293,600 +4.2% |
| 2024 | $2,828 +3% | $281,800 +5.1% |
| 2023 | $2,746 +13.4% | $268,200 +10.7% |
| 2022 | $2,422 +9.3% | $242,200 +16.1% |
| 2021 | $2,216 | $208,600 +8% |
| 2020 | $2,216 +3.6% | $193,200 +6.9% |
| 2019 | $2,140 +5.6% | $180,800 +7.8% |
| 2018 | $2,026 +9900% | $167,700 +25.9% |
| 2017 | $20 -99% | $133,200 -12% |
| 2016 | $1,964 +9.7% | $151,300 +38.7% |
| 2015 | $1,790 | $109,100 +5.9% |
| 2014 | $1,790 | $103,000 -1.4% |
| 2013 | $1,790 +10.9% | $104,500 -3.2% |
| 2012 | $1,614 -10% | $107,900 -28.4% |
| 2010 | $1,794 -18.8% | $150,800 -16.2% |
| 2009 | $2,210 -24.4% | $179,900 -0.4% |
| 2008 | $2,924 | $180,600 |
Find assessor info on the county website
Neighborhood: 56367
Nearby schools
GreatSchools rating
- 7/10Rice Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Sauk Rapids-Rice Middle SchoolGrades: 6-8Distance: 11.2 mi
- 6/10Sauk Rapids-Rice Senior High SchoolGrades: 9-12Distance: 10.6 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$319,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$319,800
- Minnesota
- Benton County
- Rice
- 56367
- 505 7th Ave SW