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220 2nd St

Rice, MN 56367

4 bd 2 ba 2,054 sqft Built 2005 Lot 11,587 sqft single_family
Most recent sale
$262,500
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $262,500 MLS #6166566
Mar 20, 2022 Listed $252,900 MLS #6166566
May 17, 2021 Sold $240,000 MLS #5730496
Mar 25, 2021 Listed $229,900 MLS #5730496
Oct 27, 2011 Sold $119,000 MLS #4078894
Aug 18, 2011 Listed $119,700 MLS #4078894
Apr 15, 2005 Sold $157,900 MLS #3749884
Nov 20, 2004 Listed $154,900 MLS #3749884
Mar 17, 2004 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,400 $27,000 $272,400 $3,152
2023 $227,000 $2,748
2022 $188,300 $2,560
2021 $168,700 $23,000 $191,700 $2,646
2020 $162,000 $2,350
2019 $147,300 $2,164
2018 $114,871 $19,629 $134,500 $2,046
2017 $109,544 $19,456 $129,000 $1,984
2016 $102,210 $19,190 $121,400 $1,880
2015 $95,539 $14,661 $110,200 $1,808
2014 $89,653 $14,447 $104,100 $1,746
2013 $90,906 $14,494 $105,400 $1,770
2012 $92,756 $16,244 $109,000 $1,640
2011 $114,200 $20,000 $134,200 $1,582
2010 $108,100 $30,000 $138,100 $1,612

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,054 sqft
Lot size
11,587 sqft
ZIP code
56367
City
Rice
Street
2nd St
Coordinates
45.74762, -94.22037

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,081
Gross rental yield
14.08%
Implied cap rate
9.15%
Trend-extrapolated value

Frequently asked questions

When did 220 2nd St last sell?
220 2nd St most recently sold on May 20, 2022 for $262,500.
What is the current tax assessment for 220 2nd St?
The most recent total assessment for 220 2nd St (year 2025) is $272,400 with $3,152 in property tax.
How does 220 2nd St's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $262,500.
When was 220 2nd St built?
220 2nd St was built in 2005.
How does 220 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 220 2nd St?
220 2nd St is a 4 bed, 2 bath, 2,054 sqft, 11,587 sqft lot single_family.
Is 220 2nd St a flip candidate?
No — 220 2nd St does not appear in our flips dataset.
Is 220 2nd St a tax-appeal candidate?
No — 220 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$391.2K
2026 Q4
$401.1K
ZIP 56367 — Median Price History + Forecast

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