July re guide

This photo is for illustration only.This is not an actual listing.

Owatonna Area

July 2014

GUIDEGUIDEREAL ESTATE

Owatonna.com

PAGE 2 REAL ESTATE GUIDE Friday, June 27, 2014

SHOULD YOU

BUY or RENT? 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 Considerations

Buy

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

Rent

Little or no responsibility for maintenance No tax benefits

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

home ownership, now is most certainly the time. Low interest rates, affordable home prices, a wide selection of available

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

Call Me Today!

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

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

FTB-002

Mark Meier Mortgage Loan O�cer NMLS# 533156 124 N. Cedar Ave. Owatonna, MN 55060

Cell: 507.363.0030 eFax: 855.727.2909 [email protected] www.WintrustMortgage.com

Kriss Meier Mortgage Loan O�cer NMLS# 533094 124 N. Cedar Ave. Owatonna, MN 55060

Cell: 507.213.9797 eFax: 855.810.7743 [email protected]

Office: 507.451.1807Office: 507.390.5626

Page 2 Real Estate Guide June 2012

2

Bank of America Home Loans® guidance+ your real estate professional= home buying made clearRely on our experience and guidance to help you �nd the loan option that’s right for your �nancialcircumstances. Combined with your real estate professional’s local market knowledge, you may be ableto go from home shopper to homeowner.

The first step is easy: We’ll be happy to review your goals and provide you with a prequalification that canhelp determine how much you can comfortably afford to borrow. With that information, you can thenconsult with your real estate professional to �nd a home that’s right for you. And when you apply, you’llbenefit from our exclusive Clarity Commitment® loan summary that will highlight key terms of your loanin easy-to-understand language. In the meantime, you may wish to explore our valuable Home LoanGuide, which provides home financing tools and calculators. You can access the Home Loan Guidedirectly from our website.

Add it up — the expertise of your local real estate professional, coupled with all that Bank of AmericaHome Loans® has to offer, could be your formula for home buying success.

To get started, or for the name of a local real estate professional, contact us today.

�e Clarity Commitment® summary is provided as a convenience, does not serve as a substitute for a borrower’s actual loan documents and is not a commitment to lend.Borrowers should become fully informed by reviewing all of the loan and disclosure documentation provided.

©2010 Bank of America Corporation ARV225F1

Credit and collateral are subject to approval. Terms and conditions apply. �is is not a commitmentto lend. Programs, rates, terms and conditions are subject to change without notice.Bank of America, N.A., Member FDIC. Equal Housing Lender.Protect your personal information before recycling this document.

Kristin MeierMortgage Loan Officer(507) 213-9797 Cell(507) 446-1181 Office102 N. Cedar AvenueOwatonna, MN 55060

[email protected]�p://mortgage.bankofamerica.com/kristinmeier

Mark MeierMortgage Loan Officer(507) 363-0030 Cell(507) 446-0080 Office102 N. Cedar AvenueOwatonna, MN 55060

[email protected]�p://mortgage.bankofamerica.com/markmeier

[email protected]

NMLS 533094 NMLS 533156http://mortgage.bankofamerica.com/kristenmeier

[email protected]://mortgage.bankofamerica.com/kristenmeier

Friday, June 27, 2014 REAL ESTATE GUIDE PAGE 3

EQUAL HOUSINGOPPORTUNITY

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.

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

The Owatonna Area Real Estate Guide is a monthly 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 ofThe Owatonna People’s Press

135 W. Pearl St., Owatonna, MN507-451-2840 • Fax 507-444-2382

Publisher RON ENSLEY

Advertising Director DEBBIE ENSLEYemail: [email protected]

Media ConsultantsBETTY FROST, SHAWNEA HULL,

AARON LOUKS, DAVID WEEKS

Advertising DesignNIKKIE GILMORE, NAOMI KISSLING,

KEELEY KREBSBACH, JENINE KUBISTA, KELLY KUBISTA, MATT ROOSMALEN

Owatonna Area

GUIDEGUIDEREAL ESTATEINDEX

WinTrust Mortgage ................................ 2

ERA Gillespie Real Estate .................... 6, 8

Pro� nium Mortgage ............................... 4

Wells Fargo ............................................. 5

Wells Federal .......................................... 7

Owatonna.com


Matt

See us for anamazing experience with your

NMLS# 1033034 NMLS# 402979

Jenny

HOME LOAN!

Owatonna 328 N Cedar 507.444.0101Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311

www.profinium.com | NMLS 402979Member FDIC

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


Get a strong team to pull for youWe are proud to be part of the community and invite you to call or stop by to discover how we can assist you with your mortgage needs. Whether you are interested in new purchase, refinance, or home equity financing, Wells Fargo Home Mortgage can assist with finding a program that fits your unique goals.

Call or visit your local team today.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2013 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. AS992867 Expires 10/2013

Jannell TufteHome Mortgage ConsultantOffice: 507-455-7516 Cell: 507-456-5946101 North Cedar AvenueOwatonna, MN 55060 [email protected] ID 402028

Matthew G LeTourneauHome Mortgage ConsultantOffice: 507-444-2260Cell: 507-339-2193101 N Cedar AvenueOwatonna, MN [email protected] ID 404642






Expires 07/2014






Jannell TufteHome Mortgage ConsultantOf�ce: 507-455-7516Cell: 507-456-5946101 N Cedar AvenueOwatonna, MN [email protected] ID 402028

Kelly RatzloffHome Mortgage ConsultantOf�ce: 507-455-6784Cell: 507-390-43021400 South Oak Ave.Owatonna, MN [email protected] ID 1102316


Broker AssociateRealtor, GRI, SRES

Nancy SlettenCell: [email protected] N. Cedar • Owatonna507.451.7488 • 800.658.7056www.erahome.com

Save Money… Save Time… Simplify Your Life


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

WALK-OUT LOWER LEVEL!MLS #4053799

$249,900PEACEFUL COUNTRY SETTING! 3+ ACRE HOBBY FARM, PAVED ROAD NEAR KENYON, 2+ BEDROOMS, 2

BATHS, 4+ STALL INSULATED GARAGE, BARN & MORE!

MLS #4054685

$279,900A BATHROOM FOR EVERYONE! QUALITY BUILT 3 BEDROOMS,

3.5 BATHS DESIGNED FOR CONVENIENCE! FINISHED

BASEMENT WITH WET BAR!MLS #4051711

$179,000CHARMING 5 BEDROOM CAPE COD! HARDWOOD FLOORS, SUN ROOM, AND LOVELY, LARGE YARD WITH

DECK & GARDENS!MLS #4053730

$129,900RANCH STYLE HOME LOADED

WITH IMPROVEMENTS! UPDATED KITCHEN, NEW FURNACE & CA,

FENCED YARD!MLS #4051175

$215,000WOODED LOT! 4 BEDROOMS, 3.5 BATHS & 3 CAR GARAGE! MASTER SUITE & MAIN FLOOR FIREPLACE!

NEW KITCHEN APPLIANCES!MLS #4052654

$164,900TOWNHOME ON THE GOLF COURSE WITH FANTASTIC VIEWS! TIP TOP

SHAPE WITH 3 BEDROOMS & 2.5 BATHS!

MLS #4053481

$73,499AFFORDABLE! UPDATED! 3

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

MLS #4049220

$79,000AFFORDABLE! 2 BEDROOMS, 1 BATH,

2 CAR GARAGE WITH SPACIOUS YARD, VINYL SIDING &

CONVENIENT LOCATION!MLS #4052698

$160,00010 ACRES ON PAVED ROAD, REMODELED IN 1988, NEW

BASEMENT, WINDOWS, ELECTRICAL AND MORE!

MLS #4053427

$169,000TASTEFULLY UPDATED! INSTANTLY

APPEALING! 3 BEDROOM, 2 FULL BATHS, FINISHED LOWER LEVEL,

PRIVATE BACKYARD!MLS #4051984

$123,000BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS,

FENCED YARD & 2 CAR GARAGE!NEWER VINYL SIDING & WINDOWS!

MLS #4049617

VISUAL TOUR #3340916VISUAL TOUR #3367542

VISUAL TOUR #3277881




VISUAL TOUR #3331394 VISUAL TOUR #2749387





NEWLISTING

NEWLISTING

NEWLISTING


MortgageRates Are LowStop into Wells Federal Bank today and visit with Jeff about � nancing

options for your new home.

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

Member

FDIC


Our Team of Professionals

Nancy SlettenBroker Associate

GRI, SRES

Matt GillardRealtor

GRI

Erin GillespieBroker Associate

GRI, ERS

Mark WoodrichRealtor

Connie KnutsonBroker AssociateCRS, GRI, ERS

ABR

Barry GillespieCRB, CRS,

ePRO

Sid SchroederRealtor

GRI, ERS

Lud Gillespie1925-2011

Melinda SeykoraRealtor

Justin OhnstadRealtor

Stacy WilsonRealtor

Stephanie WoodrichRealtor

Mike LarameeRealtor

UPDATED & REMODELED!• 3 bedrooms, 1-1/2 story• Newer roof, windows• Main fl oor laundry• Nice kitchen• Front porch, back porch & patio!• Large two stall detached garageContact Connie KnutsonMLS #4053629

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 porchContact Connie KnutsonMLS #4044294

CLOSE TO TOWN ACREAGE ON BLACKTOP ROAD!

• 3 bedroom, 2 bath split level home• Lower level family room with fi replace• Walk-out lower level• Extra garage with heatContact Sid SchroederMLS #4039696

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 mezzanineContact Connie KnutsonMLS #4052893

CLASSIC 5 BEDROOM ARTS & CRAFTS STYLE HOME!

• Centrally located• Two full baths - one on each level• Open fl oor plan, natural woodwork• Main fl oor master bedroom• Spacious second level with den• Deck with built-in benchesContact Mark and Steph WoodrichMLS #4053596

UPSCALE NEW CONSTRUCTION!• 4 bedroom, 2 bath 2 story• Custom kitchen, granite countertops• Main fl oor bedroom & laundry room• Hardwood fl ooring, fi replace• Master suite, walk-in closet• Large lot, triple garageOWNER/AGENTContact Sid SchroederMLS #4053890

QUIET LOCATION! PRIVATE YARD!• 3 bedrooms, 2.5 baths• 3 season porch• Family room with fi replace• Deck & shed• 3 stall heated garage• Home WarrantyContact Connie KnutsonMLS #4054065

THE BEST OF THE BEST!• Spacious multi-level home with over 3500 sq ft total• 4 bedrooms, 3.5 baths• Open fl oor plan, nice decor, fantastic kitchen• Master retreat, walk-in closet, jetted tub• Lower level family room with fi replace• Unfi nished basement level with 795 sq ft• Patio and country viewsContact Connie KnutsonMLS #4053615

VISUAL TOUR #3338843VISUAL TOUR #3025076







$109,750$79,900

$149,900

$216,900

$159,900

$264,900

$174,900

$292,000

RANCH STYLE HOME ON 3 ACRES!

• 3 main fl oor bedrooms• Large, sunny living room• Wooded acreage, large deck• Newer roof• Large oversized double garageContact Connie KnutsonMLS #4053387


$136,900NEW LISTING!

NEW PRICE!NEW LISTING!

NEW LISTING!

NEW LISTING!

NEW LISTING!


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

122 N. Cedar, Owatonna451-7488 • 800-658-7056

www.ERAHOME.com

Documents

July re guide