July re guide

Owatonna Area

REAL ESTATE GUIDE

July 2014 This photo is for illustration only.

This is not an actual listing.

Owatonna.com

PAGE 2

REAL ESTATE GUIDE

Friday, June 27, 2014

SHOULD YOU

BUY or RENT?

2

Page 2 Real Estate Guide

The Choice is Yours.

It takes more than looking at your monthly mortgage or rent payment to only part of the equation. There are pros and cons to each option: Advantages

Buy

Considerations

Ownership builds equity

Responsible for maintenance and property taxes

Sense of pride, community, stability and security

Possible loss of equity

Free to change decor and landscaping

Less flexibility should you want to move

Not dependent on landlord to maintain property

Bank of America Home Lo

Tax deductible mortgage interest and property taxes

Rent

+ your real estate profession = home buying made clear

Little or no responsibility for maintenance

No tax benefits

Can move easily

No equity is built up

Can invest money elsewhere

Rely on our experience and guidance to help you find the loan opt No control over rent increases

No upkeep fees

Little freedom to change decor to go from home shopper to homeowner.

circumstances. Combined with your real estate professional’s loca

Possibility of eviction

home ownership, now is most certainly the time. Low interest rates,

The first step is easy: We’ll be happy to review your goals and help determine how much you can comfortably afford to borrow. consult with your real estate professional to find a home that’s right benefit from our exclusive Clarity Commitment® loan summary affordable home prices, a wide selection of available in easy-to-understand language. In the meantime, you may wish Guide, which provides home financing tools and calculators. Yo directly from our website.

If you would like to buy, not rent, I can show you how.Add it up — the expertise of your local real estate professional,

Home Loans® has to offer, could be your formula for home buyi

Call Me Today!

To get started, or for the name of a local real estate profess

Mark Meier

Kriss Meier Kristin Meier

124 N. Cedar Ave. Owatonna, MN 55060 Office: 507.390.5626 Cell: 507.363.0030 eFax: 855.727.2909 MMeier@WintrustMortgage.com

(507) 124 N. 213-9797 Cedar Ave.Cell (507) 446-1181 Office Owatonna, MN 55060 102 N. Cedar Avenue Office: 507.451.1807 Owatonna, MN 55060 Cell: 507.213.9797 Kristen.Meier@BankofAmerica.com Kristin.Meier@BankofA merica.com eFax: 855.810.7743 http://mortgage.bankofamerica.com/kristenmeier http://mortgage.bankofamerica.com/kristinmeier KMeier@WintrustMortgage.com NMLS 533094 www.WintrustMortgage.com

Mortgage Loan Officer NMLS# 533156

www.WintrustMortgage.com

Mortgage Loan Officer Mortgage Loan Officer NMLS# 533094

The Clarity Commitment® summary is provided as a convenience, does not serve as a substitute for a b Borrowers should become fully informed by reviewing all of the loan and disclosure documentation p ©2010 Bank of America Corporation ARV225F1 Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment

to lend. andatconditions are subject to change withoutguidelines. notice.

Program rates, terms, and Programs, conditions arerates, subjectterms to change any time. All approvals are subject to underwriting Bank of America, N.A., Member FDIC. Equal Housing Lender.

Protect your personal information before recycling this document.

Wintrust Mortgage is a division of Barrington Bank & Trust, N.A., a Wintrust Community Bank. Wintrust NMLS# 449042 – Copyright © 2011 Wintrust Mortgage

FTB-002

Friday, June 27, 2014

REAL ESTATE GUIDE

INDEX

PAGE 3

Owatonna Area

REAL ESTATE GUIDE

WinTrust Mortgage ................................2 The Owatonna Area Real Estate Guide is a monthly ERA Gillespie Real Estate....................6, 8 Profinium Mortgage ...............................4 Wells Fargo .............................................5 Wells Federal ..........................................7

publication distributed in the Owatonna People’s Press and at select area locations in Owatonna. It is endorsed by the Owatonna Multiple Listing members.

A special project of The Owatonna People’s Press 135 W. Pearl St., Owatonna, MN

507-451-2840 • Fax 507-444-2382 Publisher RON ENSLEY Advertising Director DEBBIE ENSLEY

email: densley@owatonna.com Media Consultants

Owatonna.com All advertising contained herein is the responsibility of the advertisers.

The Owatonna Area Real Estate Guide retains the publication rights to all contents produced or supplied by the Owatonna Area Real Estate Guide. Use of material without written consent of Real Estate Guide is prohibited. All Rights Reserved © 2014

BETTY FROST, SHAWNEA HULL, AARON LOUKS, DAVID WEEKS Advertising Design NIKKIE GILMORE, NAOMI KISSLING, KEELEY KREBSBACH, JENINE KUBISTA, KELLY KUBISTA, MATT ROOSMALEN

EQUAL HOUSING

OPPORTUNITY

EQUAL HOUSING OPPORTUNITY

All real estate advertising in this publication is subject to the Fair Housing Act which makes it illegal to advertise “any preference limitation or discrimination based on race, color, religion, sex, handicap, family status, or national origin, or any intention to make such preferences, limitation or discrimination.” Familial status includes children under the age of 18 living with parents or legal custodians; pregnant women and people securing custody of children under 18. This publication will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on equal opportunity basis. To complain of discrimination call HUD toll-free at 1-800-669-9777. The toll-free phone number for the hearing impaired is 1-800-927-9275.

PAGE 4

REAL ESTATE GUIDE

Friday, June 27, 2014

See us for an amazing experience with your

HOME LOAN! See Jenny or Matt for details for fast and local service on your home loan. We’ll look out for your best interest!

Owatonna 328 N Cedar 507.444.0101

Jenny

NMLS# 1033034

Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311

www.profinium.com | NMLS 402979 Member FDIC

Matt

NMLS# 402979

Friday, June 27, 2014

REAL ESTATE GUIDE

PAGE 5

Get strongteam team pull Get aa strong strong team toto pull forfor youyou Get to pull for you

We tobe bepart part community and invite to callby orto stop by tohow discover we can assist Weare areproud proudto to be part ofof thethe community andinvite invite youto toyou callor orstop stop by todiscover discover how wecan canhow assist you We are proud of the community and you call we assist you with mortgage needs.

Whether are interested new purchase, or home equity financ withyour yourmortgage mortgageneeds. needs.

Whether youyou areinterested interested innew newin purchase, refinance,refinance, orhome homeequity equity financing, with your Whether you are in purchase, refinance, or financing, Wells HomeMortgage Mortgage assist finding a program your unique goals.

WellsFargo FargoHome Home Mortgage cancan assist withwith finding program thatfits fitsthat yourfits unique goals.

Wells Fargo can assist with finding aaprogram that your unique goals.

Call visit yourlocal local team today.

Callor orvisit visityour your local team today.

Call or team today.

Jannell Tufte Jannell Tufte Jannell Tufte Jannell Tufte

HomeMortgage Mortgage Consultant Home Mortgage Consultant Home Mortgage Consultant Home Consultant Office: 507-455-7516 Office: 507-455-7516 Office: 507-455-7516 Office: 507-455-7516 Cell: 507-456-5946 Cell: 507-456-5946 Cell: 507-456-5946 Cell: 101 507-456-5946 N Cedar Avenue Owatonna, MN 55060 101 North Cedar Avenue 101 North Cedar Avenue 101 North Cedar Avenue janell.d.tufte@wellsfargo.com Owatonna, MN 55060 Owatonna, MN 55060 Owatonna, MN 55060 NMLSR ID 402028

jannell.d.tufte@wellsfargo.com jannell.d.tufte@wellsfargo.com jannell.d.tufte@wellsfargo.com NMLSR IDID 402028 NMLSR ID 402028 NMLSR 402028

WellsFargo FargoHome HomeMortgage Mortgage adivision division Wells FargoFargo Bank,N.A. N.A. N.A. Wells Fargo isisais ofofWells Fargo Bank, Wells Home Mortgage a division of Wells Bank, 2013Wells WellsFargo FargoBank, Bank, N.A. AllAll rights reserved.

NMLSR ID399801.

399801.

2013 Wells N.A. All rights reserved.

NMLSR ID ©©© 2013 Fargo Bank, N.A. rights reserved.

NMLSR ID 399801.

AS992867Expires Expires07/2014 10/2013 AS992867 Expires 10/2013 AS992867 Expires 10/2013

Kelly Ratzloff Matthew G LeTourneau Matthew GLeTourneau LeTourneau Matthew G

HomeMortgage Mortgage Consultant Home Mortgage Home Mortgage ConsultantConsultant Home Consultant Office: 507-455-6784 Office: 507-444-2260 Office: 507-444-2260 Office: 507-444-2260 Cell: 507-390-4302 Cell: 507-339-2193 Cell:Oak 507-339-2193 Cell: 507-339-2193 1400 South Ave. Owatonna, 55060 Avenue 101 NCedar Cedar Avenue 101MN N Cedar 101 N Avenue kelly.l.ratzloff@wellsfargo.com Owatonna, MN55060 55060 Owatonna, MN Owatonna, MN 55060 NMLSR ID 1102316 matthew.g.letourneau@wellsfargo.com matthew.g.letourneau@wellsfargo.com matthew.g.letourneau@wellsfargo.com NMLSRNMLSR ID404642 404642 NMLSR ID ID 404642

PAGE 6

REAL ESTATE GUIDE

Nancy Sletten Cell: 507-363-9368 nancysletten@gmail.com 122 N. Cedar • Owatonna Broker Associate 507.451.7488 • 800.658.7056 Realtor, GRI, SRES www.erahome.com NEW LISTING

VISUAL TOUR #3367542

$249,900

PEACEFUL COUNTRY SETTING! 3+ ACRE HOBBY FARM, PAVED ROAD NEAR KENYON, 2+ BEDROOMS, 2 BATHS, 4+ STALL INSULATED GARAGE, BARN & MORE! MLS #4054685

VISUAL TOUR #3198405

$123,000

Friday, June 27, 2014

Save Money… Save Time… Simplify Your Life

NEW LISTING

VISUAL TOUR #3340916

$112,000 TASTEFULLY UPDATED! GREAT LOCATION IN NEW RICHLAND! MULTI-LEVEL, 3 BEDROOMS, WALK-OUT LOWER LEVEL!

MLS #4053799

VISUAL TOUR #3277881

$279,900

EQUAL HOUSING

OPPORTUNITY

NEW LISTING

VISUAL TOUR #3338882

$179,000

CHARMING 5 BEDROOM CAPE COD! HARDWOOD FLOORS, SUN ROOM, AND LOVELY, LARGE YARD WITH DECK & GARDENS!

MLS #4053730

VISUAL TOUR #3262007

$129,900

A BATHROOM FOR EVERYONE! QUALITY BUILT 3 BEDROOMS, 3.5 BATHS DESIGNED FOR CONVENIENCE! FINISHED BASEMENT WITH WET BAR!

RANCH STYLE HOME LOADED WITH IMPROVEMENTS! UPDATED KITCHEN, NEW FURNACE & CA, FENCED YARD!

VISUAL TOUR #3303415

VISUAL TOUR #3305481

$215,000

$79,000

MLS #4052654

MLS #4052698

VISUAL TOUR #3124999

VISUAL TOUR #3331394

$160,000

$164,900

VISUAL TOUR #2749387

BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS, FENCED YARD & 2 CAR GARAGE! NEWER VINYL SIDING & WINDOWS!

MLS #4049617

VISUAL TOUR #3285777

$169,000

TASTEFULLY UPDATED! INSTANTLY APPEALING! 3 BEDROOM, 2 FULL BATHS, FINISHED LOWER LEVEL, PRIVATE BACKYARD!

MLS #4051984

10 ACRES ON PAVED ROAD, REMODELED IN 1988, NEW BASEMENT, WINDOWS, ELECTRICAL AND MORE!

MLS #4053427

MLS #4051711

MLS #4051175

WOODED LOT! 4 BEDROOMS, 3.5 AFFORDABLE! 2 BEDROOMS, 1 BATH, 2 CAR GARAGE WITH SPACIOUS BATHS & 3 CAR GARAGE! MASTER YARD, VINYL SIDING & SUITE & MAIN FLOOR FIREPLACE! CONVENIENT LOCATION! NEW KITCHEN APPLIANCES!

TOWNHOME ON THE GOLF COURSE WITH FANTASTIC VIEWS! TIP TOP SHAPE WITH 3 BEDROOMS & 2.5 BATHS!

MLS #4053481

$73,499

AFFORDABLE! UPDATED! 3 BEDROOMS, 1 BATH WITH NEW FLOORING, NEWER FURNACE, WINDOWS, ROOF & SIDING!

MLS #4049220

Friday, June 27, 2014

REAL ESTATE GUIDE

PAGE 7

Mortgage Rates Are Low Stop into Wells Federal Bank today and visit with Jeff about financing options for your new home.

Member

FDIC

496 W North St, Owatonna • 444-0010 www.wellsfederal.com

PAGE 8

REAL ESTATE GUIDE

$79,900

NG!

NICE & AFFORDABLE! ENJOY LIFE IN SMALL TOWN! • Three bedroom, 2 bath, 1-/2 story in Ellendale • Double detached garage • Newer roof, steel siding • Fenced yard, 3 season porch Contact Connie Knutson MLS #4044294 !

RICE

$136,900

VISUAL TOUR #3338843

VISUAL TOUR #3025076

P NEW

$109,750

ISTI

L NEW

Friday, June 27, 2014

VISUAL TOUR #3053139

RANCH STYLE HOME ON 3 ACRES!

UPDATED & REMODELED! • 3 bedrooms, 1-1/2 story • Newer roof, windows • Main floor laundry • Nice kitchen • Front porch, back porch & patio!

• Large two stall detached garage Contact Connie Knutson MLS #4053629

$149,900

NG!

$159,900

ISTI

L NEW

• 3 main floor bedrooms • Large, sunny living room • Wooded acreage, large deck • Newer roof • Large oversized double garage Contact Connie Knutson MLS #4053387

$216,900

NG!

$264,900

ISTI

L NEW

VISUAL TOUR #3078955

LOVELY COUNTRY SETTING VERY CLOSE TO TOWN! • 3 wooded acres • 3 bedrooms, 2 baths • 3 season porch & deck • Walk-out lower level with family room • Oversized 2 car garage • 54x30 pole shed with mezzanine Contact Connie Knutson MLS #4052893

QUIET LOCATION! PRIVATE YARD! • 3 bedrooms, 2.5 baths • 3 season porch • Family room with fireplace • Deck & shed • 3 stall heated garage • Home Warranty Contact Connie Knutson MLS #4054065

CLASSIC 5 BEDROOM ARTS & CRAFTS STYLE HOME! • Centrally located • Two full baths - one on each level • Open floor plan, natural woodwork • Main floor master bedroom • Spacious second level with den • Deck with built-in benches Contact Mark and Steph Woodrich MLS #4053596

CLOSE TO TOWN ACREAGE ON BLACKTOP ROAD! • 3 bedroom, 2 bath split level home • Lower level family room with fireplace • Walk-out lower level • Extra garage with heat Contact Sid Schroeder MLS #4039696

$174,900

VISUAL TOUR #3350473

VISUAL TOUR #3337766

VISUAL TOUR #3009112

NG!

ISTI

L NEW

NG!

$292,000

ISTI

L NEW

VISUAL TOUR #3344284

VISUAL TOUR #3336343

UPSCALE NEW CONSTRUCTION! • 4 bedroom, 2 bath 2 story • Custom kitchen, granite countertops • Main floor bedroom & laundry room • Hardwood flooring, fireplace • Master suite, walk-in closet • Large lot, triple garage OWNER/AGENT Contact Sid Schroeder MLS #4053890

THE BEST OF THE BEST! • Spacious multi-level home with over 3500 sq ft total • 4 bedrooms, 3.5 baths • Open floor plan, nice decor, fantastic kitchen • Master retreat, walk-in closet, jetted tub • Lower level family room with fireplace • Unfinished basement level with 795 sq ft • Patio and country views Contact Connie Knutson MLS #4053615

Our Team of Professionals

Save Money...Save Time...Simplify Your Life

Nancy Sletten Broker Associate GRI, SRES

Matt Gillard Realtor GRI

Erin Gillespie Broker Associate GRI, ERS

Mark Woodrich Realtor

Connie Knutson Broker Associate CRS, GRI, ERS ABR

Barry Gillespie CRB, CRS, ePRO

EQUAL HOUSING

OPPORTUNITY

122 N. Cedar, Owatonna 451-7488 • 800-658-7056

www.ERAHOME.com

Sid Schroeder Realtor GRI, ERS

Stephanie Woodrich Realtor

Melinda Seykora Realtor

Justin Ohnstad Realtor

Mike Laramee Realtor

Stacy Wilson Realtor

Lud Gillespie 1925-2011