Owatonna Area
REAL ESTATE GUIDE
June 2014 This photo is for illustration only. This is not an actual listing.
Owatonna.com
Page 2 Real Estate Guide
June 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
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 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
June 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 ...............................5 Wells Fargo .............................................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
AARON LOUKS, BETTY FROST, DAVID WEEKS Advertising Design NIKKIE GILMORE, NAOMI KISSLING, KEELEY KREBSBACH, JENINE KUBISTA, KELLY KUBISTA, PAUL RISTAU
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
June 2014
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 you 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 financing 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: 507-456-5946 101 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 ofWells Wells FargoFargo Bank,N.A. N.A. N.A. Wells Fargo isisais of 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, MN 55060 Avenue 101N NCedar 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
June 2014
Real Estate Guide Page 5
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
Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311
www.profinium.com | NMLS 402979 Member FDIC
NMLS# 1033034
THE BENEFITS
OF
Matt
NMLS# 402979
PROPER PRICING
When you determine your home’s price, beware of the pitfalls of overpricing. Logically, you would think that the higher the price of your house the more money you will receive for it, but there is a fine line between supply and demand. Potential buyers who see your home’s listing price may bypass even looking at it without considering making a lower offer. Concurrently, buyers who are looking only in a specific price range that is less than the cost of your house will never have the opportunity to view your home, leaving you with less
marketability. On the flip side, those who could afford to purchase your home will inevitabley be drawn to better values that are offered elsewhere. The perils of overpricing can be negated by the benefits of proper pricing. Below are just a few of the many benefits that can be reaped with proper pricing: • Higher offers accompany a fair market value. • Real estate agents will be more likely to show your home enthusiastically if he/she believes it is a good market value. A reasonably-priced home will generate competing offers among potential buyers. • A well-priced home will attract more qualified buyers, ensuring that its marketability remains.
Page 6 Real Estate Guide
June 2014
June 2014
Real Estate Guide Page 7
NG!
$221,900
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
$136,900
$89,900
VISUAL TOUR #3053139
VISUAL TOUR #3067413
RANCH STYLE HOME ON 3 ACRES! • 3 main floor bedrooms • Large, sunny living room • Wooded acreage, large deck • Newer roof • Large oversized double garage Contact Connie Knutson MLS #4053387
Save Money...Save Time...Simplify Your Life
$79,900
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
VISUAL TOUR #3025076
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
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
Stacy Wilson Realtor
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
If your home isn’t listed with a Realtor,
it might as well be You have a home for sale but no one is seeing it. Maybe because it isn’t listed with a professional Realtor. Realtors make it easy for you to buy or sell your home. They have access to a pool of serious home buying prospects... and a Multiple Listing Service that can offer buyers the affordable home of their choice. They do the legwork, the paperwork, and the hard work to help you sell your home quickly.
REALTOR
®
Look for the Realtor logo to find the commitment and full services of a real estate professional.
Page 8 Real Estate Guide
June 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 LISTING
$195,000
VISUAL TOUR #3331401
QUALITY BUILT 5 BEDROOM, 3 BATH RANCH! PRISTINE CONDITION LOADED WITH UPGRADES! AWESOME BACKYARD! MLS #4053474
$123,000
VISUAL TOUR #3198405
BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS, FENCED YARD & 2 CAR GARAGE! NEWER VINYL SIDING & WINDOWS! MLS #4049617
$169,000
VISUAL TOUR #3285777
NEW IS L TING
$164,900
EQUAL HOUSING
OPPORTUNITY
NEW LISTING
$114,500
NEW LISTING
$160,000
VISUAL TOUR #3331394
VISUAL TOUR #3312990
VISUAL TOUR #3124999
TOWNHOME ON THE GOLF COURSE WITH FANTASTIC VIEWS! TIP TOP SHAPE WITH 3 BEDROOMS & 2.5 BATHS!
WELL MAINTAINED & PRESERVED CHARACTER HOME! ORIGINAL HARDWOOD FLOORS, NEW ROOF, AC & HEAT!
10 ACRES ON PAVED ROAD, REMODELED IN 1989, NEW BASEMENT, WINDOWS, ELECTRICAL & MORE!
MLS #4053481
$279,900
VISUAL TOUR #3277881
MLS #4052940
$73,499
VISUAL TOUR #2749387
AFFORDABLE! UPDATED! ONE OF A KIND RANCH! QUALITY BUILT 3 BEDROOMS, 3 BEDROOMS, 1.5 BATHS WITH NEW FLOORING, 3.5 BATHS DESIGNED FOR NEWER FURNACE, CONVENIENCE! FINISHED WINDOWS, ROOF & BASEMENT WITH WET BAR! MLS #4051711 SIDING! 2 CAR GARAGE! MLS #4049220
$220,000
VISUAL TOUR #3303415
$79,000
VISUAL TOUR #3305481
MLS #4053427
$129,900
VISUAL TOUR #3262007
RANCH STYLE HOME LOADED WITH IMPROVEMENTS! UPDATED KITCHEN, NEW FURNACE & AC, FENCED YARD! MLS #4051175
$229,500
VISUAL TOUR #2793228
TASTEFULLY UPDATED! WOODED LOT! 4 BEDROOMS, AFFORDABLE! 2 BEDROOMS, SE RANCH, 4 BEDROOMS, 1 BATH, 2 CAR GARAGE FIREPLACE, 3 BEDROOMS, 3.5 BATHS & 3 CAR GARAGE! 3 BATHS, PATIO WITH WITH BIG BACKYARD, VINYL HOT TUB, FAMILY ROOM 2 BATHS, FINISHED MASTER SUITE & MAIN SIDING, CONVENIENT LOWER LEVEL, PRIVATE FLOOR FIREPLACE! NEW WITH WET BAR, FINISHED LOCATION! BACKYARD! KITCHEN APPLIANCES! HEATED GARAGE! MLS #4051984
$60,500
VISUAL TOUR #3290616
CHARMING HOME WITH LOTS OF POTENTIAL! 2 BEDROOMS, ONE BATH, 2 CAR GARAGE! MLS #4052097
MLS #4052654
MLS #4052698
MLS #4052708
Satisfied Clients Brian & Jessica Phelps Said:
“As first time home buyers, we had no idea what to expect. Nancy made it easy for us by walking through each step. She was well informed and always helpful.” Brian and Jessica Phelps