NOT LISTED FOR SALE

505 Robert St Ostrander, MN 55961

Estimated Value: $166,600

1 Bed
5 Baths
9,772 Sq Ft
$17/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $70,000 $7 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,043/month

70 Days on Market

Highlights

  • Recreation Room
  • Workshop
  • Living Room
  • No HOA
  • 4 Car Attached Garage
  • Wheelchair Access

About This Home

As of November 2024

Welcome to 505 Robert Road in Ostrander, MN, where your dream project awaits in what was once a bustling schoolhouse! This historic brick building, with its own apple trees gracing the front yard, is ready to be transformed into whatever your heart desires—whether that's a car/boat collector's paradise, a woodworking wonderland, storage or a creative space for your small business.
Spanning an impressive 9,772 square feet and nestled on 4.69 acres of land, this property offers a blank canvas for your grand ideas. And if you’ve ever dreamed of living where you work, you’re in luck—the principal’s office has been converted into living quarters with a bedroom, bathroom, living room, and kitchen.
But that’s not all! The building comes with its own gym, complete with a basketball hoop and stage—perfect for practicing your free throws or hosting a play. The gym even boasts a newer roof, so you're covered there. There's also a former school cafeteria and workshop, with classrooms that can be repurposed for whatever you can imagine.
For the car enthusiast or collector, several oversized garage doors are in working condition, just waiting for your prized possessions to roll in. The previous owner used the space to store cars and collectibles, and the current owner has done their best to clear it out, though it still needs some "Tender Loving Care", cleaning and work. The building has four garage doors two are 16" x 11".
Located just 15 minutes from Rochester Airport and 30 miles from Rochester, MN, this property offers both seclusion and convenience. Yes, it needs some love, but with the right vision, you can bring this building back to its former glory—and maybe even pick the apples from your very own apple trees out front and bake a few pies!

Last Agent to Sell the Property

Linda Nides

Land and Living Realty Listed on: 09/03/2024

Land and Living Realty

Last Buyer's Agent

Ryan Haagenson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 4.69 Acre Lot
  • Lot Dimensions are 567 x 360
  • Few Trees

Parking

  • 4 Car Attached Garage
  • Parking Lot

Home Design

  • Flex

Interior Spaces

  • 9,772 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Recreation Room
  • Workshop
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom

Accessible Home Design

  • Wheelchair Access

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 340037010

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Fully Wheelchair
  • Water Source: City Water/Connected
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 9772
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Living Area: 9772
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Kitchen, Living Room, Workshop, Recreation Room, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 1
  • One Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Attached Garage, Parking Lot

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service, 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Leroy-Ostrander
  • SchoolDistrictPhone: 507-324-5743

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 567 x 360
  • Lot Size Sq Ft: 204296.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340037010
  • Tax Annual Amount: 2148
  • TaxWithAssessments: 2148.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 15, 2024
Sold by
Klasen Arnold T
Bought by
Bricks And Brushes Llc
Seller's Agent
Linda Nides
Land and Living Realty
Buyer's Agent
Ryan Haagenson
RE/MAX Results
List Price
$215,000
Sold Price
$70,000
Premium/Discount to List
-$145,000
-67.44%
Views
78
Current Estimated Value
$166,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,600
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Bricks And Brushes Llc $70,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $70,000 -58.8% $7 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/20/2024 10/20/24 Price Changed $170,000 -20.9% $17 / Sq Ft
09/03/2024 09/03/24 For Sale $215,000 -- $22 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,172 $120,000 $71,900 $48,100
2024 $2,172 $108,900 $60,800 $48,100
2023 $1,842 $108,900 $60,800 $48,100
2022 $1,842 $113,300 $63,100 $50,200
2021 $1,842 $76,300 $27,400 $48,900
2020 $1,734 $76,300 $27,400 $48,900
2019 $1,770 $73,400 $27,400 $46,000
2018 $1,578 $73,400 $27,400 $46,000
2017 -- $72,900 $27,400 $45,500
2016 $1,206 $72,900 $27,400 $45,500
2015 $1,370 $68,000 $27,400 $40,600
2014 $1,370 $68,000 $27,400 $40,600
2013 $1,370 $68,700 $27,400 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590342

NorthstarMLS

APN: 34.0037.010