Real Estate Guide May 2014

Owatonna Area

REAL ESTATE GUIDE

May 2014 This photo is for illustration only.

This is not an actual listing.

Owatonna.com

Page 2 Real Estate Guide

May 2014

SHOULD YOU

BUY or RENT? The Choice is Yours.

It takes more than looking at your monthly mortgage or rent payment to answer this question, as the financial considerations of buying a home are 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 Tax deductible mortgage interest and property taxes Little or no responsibility for maintenance No tax benefits

Rent

Can move easily

No equity is built up

Can invest money elsewhere

No control over rent increases

No upkeep fees

Little freedom to change decor Possibility of eviction

Only you can decide what trumps what. However, if there was ever a time for renters or first-time buyers to consider home ownership, now is most certainly the time. Low interest rates, affordable home prices, a wide selection of available homes and loan programs for first-time homeowners all favor today’s buyer.

If you would like to buy, not rent, I can show you how.

Call Me Today!

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)

Program rates, terms, and conditions are subject to change at any time. All approvals are subject to underwriting guidelines.

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

FTB-002

May 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 Profinium Mortgage ...............................7 Wells Fargo .............................................5 Wells Federal ..........................................4

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

May 2014

May 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 mortgage needs.

Whether are interested new purchase, or home equity financin 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 Expires05/2014 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, MN 55060 Avenue 101NNCedar Cedar Avenue 101 N Cedar 101 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

May 2014

May 2014

Real Estate Guide Page 7

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 Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311

Jenny

NMLS# 1033034

$73,499

VISUAL TOUR #2749387

UPDATED 3 BEDROOM, 1.5 BATH HOME! • Main floor laundry, bedroom & office • New Pergo floor & carpet throughout • Newer roof, furnace, windows, siding & hot water heater • Heated two car garage with 220 wiring • Large treed lot, pristine condition Contact Nancy Sletten MLS #4049220

Matt

www.profinium.com | NMLS 402979 Member FDIC

$79,900

NMLS# 402979

$89,900

$160,900

VISUAL TOUR #3025076

VISUAL TOUR #3067413

NICE & AFFORDABLE! ENJOY LIFE IN A 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

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

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

VISUAL TOUR #3009112

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

Our Team of Professionals 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

Justin Ohnstad Realtor

Ryan Jirele Mortgage

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 David Realtor

Lud Gillespie 1925-2011

Page 8 Real Estate Guide

May 2014 Save Money… Save Time… Simplify Your Life

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 $258,900 IS L TING

VISUAL TOUR #3299254

PRISTINE CONDITION, CUL-DE-SAC, NEAR GOLF COURSE, 4 BEDROOMS, 3.5 BATHS!

EQUAL HOUSING

OPPORTUNITY

NEW $159,900 IS L TING

NEW $124,900 LISTING

NEW $220,000 LISTING

VISUAL TOUR #3290477

VISUAL TOUR #3133402

VISUAL TOUR #3303415

NATURE LOVERS 1+ ACRE BIGGER THAN IT LOOKS! LOT! SPACIOUS UPDATED 3+ BEDROOM, 1.5 BATHS! MLS #4052005 HOME!

MLS #4052127

WOODED LOT! 4 BEDROOMS! 3.5 BATHS! 3 CAR GARAGE!

MLS #4052654

MLS #4052462

NEW LISTING

$169,000

NEW LISTING

$229,500

NEW LISTING

$135,000

NEW LISTING

$79,000

VISUAL TOUR #3285777

VISUAL TOUR #2793228

VISUAL TOUR #3063108

VISUAL TOUR #3305481

TASTEFULLY UPDATED! INSTANTLY APPEALING!

4 BEDROOMS! 3 FULL BATHS! SE RANCH!

3.85 ACREAGE - 3 MILES FROM TOWN ON DANE ROAD!

2 BEDROOM, 1 BATH, 2 CAR GARAGE!

MLS #4051984

$279,900

MLS #4052708

$125,500

MLS #4052387

$129,900

MLS #4052698

$299,000

VISUAL TOUR #3277881

VISUAL TOUR #3198405

VISUAL TOUR #3262007

VISUAL TOUR #3190757

ONE OF A KIND RANCH! 2 MASTER SUITES!

BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS!

RANCH STYLE HOME LOADED WITH IMPROVEMENTS!

WILDLIFE GALORE! 2.5 ACRES! OVER 3000 SQ FT FINISHED!

MLS #4051711

$78,500

VISUAL TOUR #3187635

AFFORDABLE RANCH! MOVE-IN CONDITION!

MLS #4049375

MLS #4049617

$179,000

MLS #4051175

$73,499

VISUAL TOUR #3152014

VISUAL TOUR #2749387

SPACIOUS RANCH ON QUIET CUL-DE-SAC!

UPDATED! 3 BEDROOMS, 1.5 BATH!

MLS #4048288

MLS #4049220

MLS #4049402

$38,000

1.36 BUILDABLE LOT BY CANNON LAKE!

MLS #4050219