Real Estate Guide May 2014

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

Owatonna Area

May 2014

GUIDEGUIDEREAL ESTATE

Owatonna.com

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 �nancial considerations of buying a home are 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

Only you can decide what trumps what. However, if there was ever a time for renters or �rst-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 �rst-time homeowners all favor today’s buyer.

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

Scan this QR Code for contact info and links.

(Requires Smart phone QR Reader)

Mark Meier Mortgage Consultant NMLS# 533156 124 N. Cedar Ave. Owatonna, MN 55060 O�ce: 507.390.5626 Cell: 507.363.0030 eFax: 855.727.2909 [email protected] www.WintrustMortgage.com

Page 2 Real Estate Guide May 2014

May 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 ConsultantsBETH BARRETT, RACHEL EBBERS, BETTY FROST, DIANE GENGLER,

DAVID WEEKS

Advertising DesignNIKKIE GILMORE, NAOMI KISSLING,

KEELEY KREBSBACH, JENINE KUBISTA, KELLY KUBISTA, PAUL RISTAU

Owatonna Area

GUIDEGUIDEREAL ESTATEINDEX

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

ERA Gillespie Real Estate .................... 7, 8

Pro� nium Mortgage ............................... 7

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

Wells Federal .......................................... 4

Owatonna.com


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 05/2014






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



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 DavidRealtor

Justin OhnstadRealtor

Ryan JireleMortgage

Stephanie WoodrichRealtor


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 porchContact Connie KnutsonMLS #4044294

UPDATED 3 BEDROOM, 1.5 BATH HOME!

• Main fl oor laundry, bedroom & offi ce• New Pergo fl oor & carpet throughout• Newer roof, furnace, windows, siding & hot water heater• Heated two car garage with 220 wiring• Large treed lot, pristine conditionContact Nancy SlettenMLS #4049220

VISUAL TOUR #3025076VISUAL TOUR #2749387

$79,900$73,499

NICE RAMBLER MOVE-IN READY!• Large yard and deck• Appliances included• Single stall garage• Paved driveway, vinyl sidingOWNER/AGENTContact Connie KnutsonMLS #4045698

VISUAL TOUR #3067413

$89,900

NEW PRICE! MOTIVATED SELLERS!

• Close to town 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


$160,900

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

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

www.ERAHOME.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!

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

3.5 BATHS!MLS #4052462

TASTEFULLY UPDATED! INSTANTLY APPEALING!

MLS #4051984

ONE OF A KIND RANCH! 2 MASTER SUITES!

MLS #4051711

AFFORDABLE RANCH! MOVE-IN CONDITION!

MLS #4049375

4 BEDROOMS! 3 FULL BATHS! SE RANCH!

MLS #4052708

BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS!

MLS #4049617

SPACIOUS RANCH ON QUIET CUL-DE-SAC!

MLS #4048288

3.85 ACREAGE - 3 MILES FROM TOWN ON DANE

ROAD!MLS #4052387

RANCH STYLE HOME LOADED WITH

IMPROVEMENTS!MLS #4051175

UPDATED! 3 BEDROOMS, 1.5 BATH!

MLS #4049220

1.36 BUILDABLE LOT BY CANNON LAKE!

MLS #4050219

2 BEDROOM, 1 BATH, 2 CAR GARAGE!

MLS #4052698

WILDLIFE GALORE! 2.5 ACRES! OVER 3000 SQ FT

FINISHED!MLS #4049402

NATURE LOVERS 1+ ACRE LOT! SPACIOUS UPDATED

HOME!MLS #4052127

BIGGER THAN IT LOOKS! 3+ BEDROOM, 1.5 BATHS!MLS #4052005

WOODED LOT! 4 BEDROOMS! 3.5 BATHS!

3 CAR GARAGE!MLS #4052654




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


$169,000

$279,900

$78,500

$229,500

$125,500

$179,000

$135,000

$129,900

$73,499

$258,900 $159,900 $124,900 $220,000







VISUAL TOUR #3299254 VISUAL TOUR #3290477 VISUAL TOUR #3133402 VISUAL TOUR #3303415



NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

$38,000

$79,000

$299,000


Documents

Real Estate Guide May 2014