RE Guide April 2014

Owatonna Area

REAL ESTATE GUIDE

April 2014 This photo is for illustration only.

This is not an actual listing.

Owatonna.com

Page 2 Real Estate Guide

April 2014

Understanding Your Credit Report 300

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It’s always a good idea to obtain a copy of your credit report before applying for a home loan.

You can correct any errors on your credit profile in advance, establish credit if necessary or start repairing your credit if you’ve had problems in the past. Lenders look very carefully at your credit as an indicator of your “character” or your willingness to repay your loan. Having poor credit, little or no established credit or unresolved dispute with creditors can affect your purchasing power and your ability to get a loan. Contact the three credit reporting companies for copies of your credit report.

Experian - www.experian.com

Trans Union - www.transunion.com

Equifax - www.equifax.com

When you receive your credit report check for the following items: • Incorrect Entries - If there are mistakes on your credit report (i.e. accounts that aren’t yours or on-time payments that are showing as late), you can have them corrected by writing to each credit bureau and requesting that the information be deleted. They will contact the creditor who must respond within 30 days. If the creditor does not respond, the item will be removed and a new credit report will be issued to you. If there is still a dispute, you can add a 100-word statement to your file explaining your side of the story.

• Outdated Negative Credit - If there are unfavorable credit items older than 7 years showing on your report, follow the procedure outlined above. Bankruptcy can be removed after 10 years.

• Current Negative Credit - If you have current credit problems, the time to resolve them is before you buy.

Re-establishing good credit after a bankruptcy or other credit problems is very important.

Having an established credit history is also important as lenders want to see a track record of debts owed that have been repaid.

If you haven’t already done so, apply for credit cards and use them or establish a credit history by documenting your monthly rent payments and your monthly payments to utility companies.

Call me today for more info on your credit report and for today’s current rates!

Scan this QR Code

for contact info and links.

Mark Meier Mortgage Consultant NMLS# 533156

124 N. Cedar Ave. Owatonna, MN 55060

Office: 507.390.5626

Cell: 507.363.0030 eFax: 855.727.2909 MMeier@WintrustMortgage.com www.WintrustMortgage.com

(Requires Smart phone QR Reader)

Wintrust Mortgage is a division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank. Program rates, terms, and conditions are subject to change at any time. All approvals are subject to underwriting guidelines. If the down payment is less than 20% and based on the selected program and term of the loan, monthly mortgage insurance may be required.

Wintrust NMLS# 449042 – © 2012 Wintrust Mortgage

FTB-012

April 2014

Real Estate Guide Page 3

INDEX

Owatonna Area

REAL ESTATE GUIDE

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

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

BETH BARRETT, RACHEL EBBERS, BETTY FROST, DIANE GENGLER, DAVID WEEKS Advertising Design NIKKIE GILMORE, NAOMI KISSLING, KEELEY KREBSBACH, JENINE KUBISTA,

EQUAL HOUSING

OPPORTUNITY

EQUAL HOUSING OPPORTUNITY

KELLY KUBISTA, PAUL RISTAU

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

April 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

April 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 y 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 your mortgage needs.

Whether you are interested in new purchase, refinance, or home equity withyour yourmortgage mortgageneeds. needs.Whether Whetheryou youare areinterested interestedin innew newpurchase, purchase,refinance, refinance,or orhome homeequity equityfinancing, financing, financin with Wells HomeMortgage Mortgage assist finding a program your unique goals.

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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 Expires04/2014 10/2013 AS992867 Expires 10/2013 AS992867 Expires 10/2013

Kelly Ratzloff Matthew G LeTourneau Matthew LeTourneau Matthew GGLeTourneau

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: 1400507-339-2193 South Ave. Owatonna, 55060 Avenue 101 Cedar Avenue 101MN N Cedar 101 NNCedar 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

April 2014

Exclusive Lifetime Warranty Dealer for Minnesota, Western WI & Northern IA! Owatonna 3627 N County Road 45 Rochester 507-444-0004 1802 Hwy 30 SW 507-944-3000 Minneapolis 16701 Greystone Lane Madelia 952-540-4888 84601 Olson Drive 507-642-8888

www.nobler v.com

April 2014

Real Estate Guide Page 7

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

122 N. Cedar • Owatonna 507.451.7488 800.658.7056 www.erahome.com email: era@erahome.com EQUAL HOUSING

OPPORTUNITY

$469,000

NEW

VISUAL TOUR #3035145

SPECTACULAR HOME IN GOLF & LAKE COMMUNITY! • Two story home with 4 bedrooms & 4 baths • 1.66 beautiful acres with lake & golf views • “Rare” granite throughout entire house • Formal & informal dining • 4 season porch, two patios • Family room, wet bar & rec room in lower level • Beautiful master suite with private bath Contact Connie Knutson MLS #4044646 NEW

!

ING

LIST

$127,500

$146,000

NEW

!

ING

LIST

$119,900

$119,900

$94,900

SO MANY UPDATES! • 1 3/4 story home with 2 bedrooms, 2 bathrooms • New roof, furnace & water heater • New main floor windows & fresh paint • Conveniently designed kitchen • Formal dining room & central air • Double detached garage, a large lot & deck!

Contact Sid Schroeder MLS #4051200 NEW

CE!

PRI

$175,000

VISUAL TOUR #3025076

GREAT STARTER HOME! • 3 bedroom, 2 bath ranch • Home warranty included • Main floor laundry, hardwood floors • Finished lower level family room, den or office • Newer roof, windows & furnace • Fenced yard Contact Connie Knutson MLS #4050852

Company ID #320358

!

ING

LIST

VISUAL TOUR #3263536

$79,900

VISUAL TOUR #3251631

Division of ERA Gillespie Real Estate

NEW

CLASSIC RANCH! • Ranch style home with over 1200 sq ft • Three bedrooms on main floor • Double attached garage • Nice deck • Park-like backyard • Room to expand in lower level Contact Connie Knutson MLS #4050172

$84,900

$147,500

NICELY UPDATED SPLIT LEVEL! • 4 bedrooms, 2 baths • Newer kitchen & flooring • Lower level family room with fireplace • Private yard, patio & deck • Finished heated double garage Contact Sid Schroeder MLS #4051831

VISUAL TOUR #3223127

AFFORDABLE WALK-OUT RAMBLER! • 3 bedrooms on one level, 2 baths • Updated kitchen with newer appliances • Vaulted living room with new flooring • Lower level family room • New furnace & water heater • Double garage & large, tree lined corner lot Contact Sid Schroeder MLS #4051310

!

ING

LIST

VISUAL TOUR #3280464

WELL MAINTAINED 4 BEDROOM HOME! • 4 bedrooms, 2 baths • Quiet street near shopping & restaurants • Newer windows & roof • Open floor plan • Finished lower level family room Contact Connie Knutson MLS #4048581

VISUAL TOUR #3266534

VISUAL TOUR #3067413

NEW

VISUAL TOUR #3161145

NEW PRICE! MOTIVATED SELLERS! • Close to town 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

$89,900

NICE RAMBLER MOVE-IN READY! • Large yard and deck • Appliances included • Single stall garage • Paved driveway, vinyl siding OWNER/AGENT Contact Connie Knutson MLS #4045698

$160,900

VISUAL TOUR #3009112

VISUAL TOUR #3280449

WELL PRICED RAMBLER! • 3 bedrooms, 2 baths • New wood flooring • Finished lower level rooms • Main floor laundry • Permanent siding & newer windows • Close to park & private yard Contact Sid Schroeder MLS #4051784

CE!

PRI

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

BLOOMING PRAIRIE AREA LAND! • 37 acres to be surveyed • 15 tillable with creek & woods • Blacktop road for easy access Contact Sid Schroeder MLS #4048373

Our Team of Professionals

Nancy Sletten Broker Associate GRI, SRES

Call Ryan Jirele

Matt Gillard Realtor GRI

Erin Gillespie Broker Associate GRI, ERS

Mark Woodrich Realtor

Connie Knutson Broker Associate CRS, GRI, ERS ABR

Justin Ohnstad Realtor

Ryan Jirele Mortgage

Barry Gillespie CRB, CRS, ePRO

Mortgage Loan Originator #503704

(507) 676-2708 Ryan@erahome.com

Sid Schroeder Realtor GRI, ERS

Stephanie Woodrich Realtor

Melinda David Realtor

Lud Gillespie 1925-2011

Page 8 Real Estate Guide

April 2014

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

$215,000

NEW LISTING

$279,900

Save Money… Save Time… Simplify Your Life EQUAL HOUSING

OPPORTUNITY

NEW LISTING

$40,000

VISUAL TOUR #3281673

VISUAL TOUR #3277881

VISUAL TOUR #3276888

GREAT HOME...LOADED WITH SURPRISES!

ONE OF A KIND RANCH! 2 MASTER SUITES!

BRING BACK THE SPARKLE!

• 3 bedrooms, 2 baths • Nicely decorated • 2 walk-outs from lower level • 3 car finished garage • 2 driveways • Exterior sprinkler system • Located in SE neighborhood MLS #4051854

NEW PRICE

$129,900

VISUAL TOUR #3262007

RANCH STYLE HOME LOADED WITH IMPROVEMENTS!

• Kitchen with new appliances, countertops, & flooring • New furnace, central air & hot water heater • New shingles & concrete driveway in 2007 • New permanent fencing in backyard • 2 car garage with new overhead door • Landscaping with curb edging • Updated electrical & more!

MLS #4051175

$78,500

• 2 main floor master bedrooms • 3-1/2 baths, main floor laundry • Custom kitchen cabinets, breakfast bar, pantry • Oak wood and marble tile floors • Finished family room with fireplace & wet bar • 3 car insulated & heated garage with water & drain MLS #4051711

$379,000

VISUAL TOUR #3190173

5 ACRES...2007 BUILT RANCH...STYLE & LUXURY!

• 5 bedrooms, 3.5 baths • Heated triple 1147 sq ft garage • Lovely kitchen, breakfast bar, open floor plan • Master bedroom suite - 3 main floor bedrooms • Walk-out lower level, large, beautiful patio area • Huge family room with wet bar • Beautiful country views MLS #4049413

$73,499

• 3 bedrooms, 1 bath • 1 car garage • Large second floor bedroom • No heat or electricity • Hardwood Floors • Lots of potential - some updates • Front porch MLS #4051608

$125,500

VISUAL TOUR #3198405

BIGGER THAN IT LOOKS!

• 3 bedroom, 2 full bath ranch • Newer furnace, vinyl siding & windows • Fenced yard • Lower level family room & full bath • Lower level bedroom with egress window • 2 car garage • Desirable NE Owatonna location • First time home OR downsize!

MLS #4049617

$179,000

VISUAL TOUR #3187635

VISUAL TOUR #2749387

VISUAL TOUR #3152014

MUST SEE TO APPRECIATE! MOVE-IN CONDITION!

DRIVE A LITTLE...SAVE A LOT! • Main floor laundry, bedroom & office • New Pergo floor & carpet throughout • Huge kitchen with lots of cupboards, counters & breakfast bar • Newer roof, furnace, siding & hot water heater • Two car garage with 220 wiring • Large treed lot • Maintenance free exterior MLS #4049220

RANCH ON QUIET CUL-DE-SAC!

• 3 bedrooms, 1+ car garage!

• Detached 3 season porch • Nice backyard • Spacious kitchen • Vinyl siding & more!

• Easy access to downtown MLS #4049375

• 3 bedrooms, 3 baths • Lots of square footage • Master bath with dual vanities • Huge lower level family room • 2 main floor laundry areas • Oversized insulated & heated garage • Nice size mature backyard with deck MLS #4048288

NEW PRICE

$269,900

VISUAL TOUR #3179627

PRISTINE CONDITION - LOWER LEVEL OPTIONS!

• Quality built with 3 bedrooms, 2.5 baths • Spacious sunroom with in-floor heat • Attached 3 car garage • Custom built kitchen, 6 panel doors & more!

• Main floor formal living & family room with fireplace, 2nd floor laundry • Master bedroom suite with walk-in closet, whirlpool tub, dual sinks • Large patio, pretty landscaping & decorative curbing MLS #4049138

$299,000

VISUAL TOUR #3190757

CONTEMPORARY HOME ON 2.5 ACRES!

• 2.5 acre lot to be created from 9.99 acres • Built in 2004, over 3000 sq ft finished • 4 bedrooms, 2.5 baths • Family room with fireplace & wet bar • Fabulous master suite!

• Just a short drive from Owatonna • Additional land with shed negotiable MLS #4049402

$38,000

1.36 BUILDABLE LOT

BY CANNON LAKE • Now is the time to design & build your dream home • Located near Cannon Lake & Warsaw • Part of a developing area • Enjoy country setting near the lake MLS #4050219