Owatonna Area
REAL ESTATE GUIDE
September 2014 This photo is for illustration only. This is not an actual listing.
Owatonna.com
PAGE 2
REAL ESTATE GUIDE
Friday, August 22, 2014
SHOULD YOU
BUY or RENT?
2
Page 2 Real Estate Guide
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
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
Bank of America Home Lo
Tax deductible mortgage interest and property taxes
Rent
+ your real estate profession = home buying made clear
Little or no responsibility for maintenance
No tax benefits
Can move easily
No equity is built up
Can invest money elsewhere
Rely on our experience and guidance to help you find the loan opt No control over rent increases
No upkeep fees
Little freedom to change decor to go from home shopper to homeowner.
circumstances. Combined with your real estate professional’s loca
Possibility of eviction
home ownership, now is most certainly the time. Low interest rates,
The first step is easy: We’ll be happy to review your goals and help determine how much you can comfortably afford to borrow. consult with your real estate professional to find a home that’s right benefit from our exclusive Clarity Commitment® loan summary affordable home prices, a wide selection of available in easy-to-understand language. In the meantime, you may wish Guide, which provides home financing tools and calculators. Yo directly from our website.
If you would like to buy, not rent, I can show you how.Add it up — the expertise of your local real estate professional,
Home Loans® has to offer, could be your formula for home buyi
Call Me Today!
To get started, or for the name of a local real estate profess
Mark Meier
Kriss Meier Kristin Meier
124 N. Cedar Ave. Owatonna, MN 55060 Office: 507.390.5626 Cell: 507.363.0030 eFax: 855.727.2909 MMeier@WintrustMortgage.com
(507) 124 N. 213-9797 Cedar Ave.Cell (507) 446-1181 Office Owatonna, MN 55060 102 N. Cedar Avenue Office: 507.451.1807 Owatonna, MN 55060 Cell: 507.213.9797 Kristen.Meier@BankofAmerica.com Kristin.Meier@BankofA merica.com eFax: 855.810.7743 http://mortgage.bankofamerica.com/kristenmeier http://mortgage.bankofamerica.com/kristinmeier KMeier@WintrustMortgage.com NMLS 533094 www.WintrustMortgage.com
Mortgage Loan Officer NMLS# 533156
www.WintrustMortgage.com
Mortgage Loan Officer Mortgage Loan Officer NMLS# 533094
The Clarity Commitment® summary is provided as a convenience, does not serve as a substitute for a b Borrowers should become fully informed by reviewing all of the loan and disclosure documentation p ©2010 Bank of America Corporation ARV225F1 Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment
to lend. andatconditions are subject to change withoutguidelines. notice. Program rates, terms, and Programs, conditions arerates, subjectterms to change any time. All approvals are subject to underwriting Bank of America, N.A., Member FDIC. Equal Housing Lender. Protect your personal information before recycling this document.
Wintrust Mortgage is a division of Barrington Bank & Trust, N.A., a Wintrust Community Bank. Wintrust NMLS# 449042 – Copyright © 2011 Wintrust Mortgage
FTB-002
Friday, August 22, 2014
REAL ESTATE GUIDE
INDEX ERA Gillespie Real Estate ...................6, 8 Profinium Mortgage ..............................7 Wells Fargo ............................................5 Wells Federal Bank.................................4 WinTrust Mortgage ................................2
PAGE 3
Owatonna Area
REAL ESTATE GUIDE
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 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
STEVE ARNOLD, BETTY FROST, SHAWNEA HULL, AARON LOUKS, DAVID WEEKS Advertising Design NIKKIE GILMORE, NAOMI KISSLING, KEELEY KREBSBACH, JENINE KUBISTA,
EQUAL HOUSING
OPPORTUNITY
EQUAL HOUSING OPPORTUNITY
KELLY KUBISTA, MATTHEW ROOSMALEN
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
Friday, August 22, 2014
Friday, August 22, 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 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, financ with 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
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, 55060 Avenue 101 NCedar Cedar Avenue 101MN N Cedar 101 N 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
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 Expires09/2014 10/2013 AS992867 Expires 10/2013 AS992867 Expires 10/2013
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 6
REAL ESTATE GUIDE
Friday, August 22, 2014
Save Money...Save Time...Simplify Your Life
122 N. Cedar • Owatonna 507.451.7488 800.658.7056 www.erahome.com email: era@erahome.com NEW
CE!
PRI
$109,000
NEW
VISUAL TOUR #3382331
CE!
PRI
$159,900
$119,900
VISUAL TOUR #3337766
VISUAL TOUR #3387095
GREAT GARAGE & LARGE YARD! • 3 bedroom, 2 bath ranch, 1392 sq ft on main level • Large eat-in kitchen with many cupboards • Deck, new roof in 2014 • Oversized garage with 220 service • Additional structure for storage or office • Easy commute to Rochester or Owatonna Contact Mike Laramee MLS #4055103
NOT MUCH LEFT TO DO! • 4 bedroom, 2 bath ranch • Finished basement with family room • Ceramic tile, ceiling fans • Eat-in kitchen • Patio, large yard • Owner/Agent Contact Connie Knutson MLS #4055260
$216,900
CLASSIC 5 BEDROOM ARTS & CRAFTS STYLE HOME! • Centrally located • Two full baths - one on each level • Open floor plan, natural woodwork • Main floor master bedroom • Spacious second level with den • Deck with built-in benches Contact Mark & Steph Woodrich MLS #4053596
$265,900
VISUAL TOUR #3078955
$289,900
VISUAL TOUR #3344284
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
UPSCALE NEW CONSTRUCTION! • 4 bedroom, 2 bath 2 story • Custom kitchen, granite countertops • Main floor bedroom & laundry room • Hardwood flooring, fireplace • Master suite, walk-in closet • Large lot, triple garage • Low traffic street Contact Sid Schroeder MLS #4053890
EQUAL HOUSING
OPPORTUNITY
!
ING
LIST
NEW
$199,900
VISUAL TOUR #3392747
PRIVATE SETTING - 3 ACRES! • 3 bedrooms, 3 baths • 3 season porch • Main floor laundry • Triple stall garage & single stall garage • Large storage shed • Nice location, paved road Contact Connie Knutson MLS #4055519
NEW
CE!
$287,900
PRI
VISUAL TOUR #3336343
VISUAL TOUR #3387484
AWESOME COUNTRY PROPERTY IN WASECA! • 2.81 acres with easy access to new Hwy 14 • Over 4000 total sq ft with spacious rooms • 4 bedrooms, 3.5 baths • Living room with fireplace & built-ins • Heated 2 stall garage • Patio & large deck with installed gas grill • 24x22 barn Contact Connie Knutson MLS #4055252
THE BEST OF THE BEST! • Spacious multi-level home with over 3500 sq ft total • 4 bedrooms, 3.5 baths • Open floor plan, nice decor, fantastic kitchen • Master retreat, walk-in closet, jetted tub • Lower level family room with fireplace • Unfinished basement level with 795 sq ft! • Patio and country views Contact Connie Knutson MLS #4053615
Our Team of Professionals Nancy Sletten Broker Associate GRI, SRES
Sid Schroeder Realtor GRI, ERS
Matt Gillard Realtor GRI
Stephanie Woodrich Realtor
Erin Gillespie Broker Associate GRI, ERS
Melinda David Realtor
Mark Woodrich Realtor
Justin Ohnstad Realtor
Connie Knutson Broker Associate CRS, GRI, ERS ABR
Stacy Wilson Realtor
Barry Gillespie CRB, CRS, ePRO
Lud Gillespie 1925-2011
Mike Laramee Realtor
Tracy Peterson Steinberg Realtor
Lori Braun Davies Realtor GRI
Friday, August 22, 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
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 8
REAL ESTATE GUIDE
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
VISUAL TOUR #3393836
$279,900
RANCH STYLE WITH OVER 2000 SQ FT ON THE MAIN FLOOR! 1.25 ACRES ON EDGE OF TOWN. PARK-LIKE SETTING! OUTBUILDINGS! STUDIO SPACE & ROOM TO EXPAND!
MLS #4055581
Friday, August 22, 2014
Save Money… Save Time… Simplify Your Life
EQUAL HOUSING
OPPORTUNITY
NEW IS L TING
VISUAL TOUR #3410840
VISUAL TOUR #3372328
9.63 ACRES! WOODSY! CREEK! COUNTRY PROPERTY 2 MILES FROM OWATONNA! OLD FASHIONED BARN! 7 ACRES TILLABLE! BEING SOLD “AS IS”!
10 ACRES IN COUNTRY! BEAUTIFUL VIEWS! AFFORDABLE 3 BEDROOM, 2 BATH HOME, 24X27 BARN/ MACHINE SHED, 24X40 GARAGE/SHED!
$114,000
MLS #4056120
$139,999
MLS #4054763
NEW PRICE
VISUAL TOUR #3331394
VISUAL TOUR #3124999
VISUAL TOUR #3285777
TOWNHOME ON THE GOLF COURSE WITH FANTASTIC VIEWS! PRISTINE CONDITION WITH 3 BEDROOMS, 2.5 BATHS, 2 CAR GARAGE ON QUIET CUL-DE-SAC!
10 ACRES ON PAVED ROAD, REMODELED IN 1988 WITH NEW BASEMENT, WINDOWS, ELECTRICAL & MORE! COZY HOME WITH GREAT VIEWS!
UPDATED & APPEALING! 3 BEDROOMS, 2 FULL BATHS, FINISHED LOWER LEVEL, BEAUTIFUL NEW WOOD FLOOR, FIREPLACE & FENCED BACKYARD!
VISUAL TOUR #3277881
VISUAL TOUR #3382305
VISUAL TOUR #3383892
$164,900
MLS #4053481
$279,900
1 OWNER HOME BUILT WITH QUALITY! DESIGNED FOR MAIN FLOOR LIVING...MORE THAN 1 GENERATION IF NEEDED! FINISHED BASEMENT & WET BAR!
MLS #4051711
$155,000
MLS #4053427
$133,900
$169,000
MLS #4051984
$235,900
LOTS OF CHARACTER & POTENTIAL! 1 OWNER RANCH! 3+ BEDROOMS, PRESERVED WOODWORK, STAINGLASS 3 BATHS, LARGE FAMILY ROOM WITH WINDOWS, LARGE ROOMS, MAIN GAS FIREPLACE & CUSTOM KITCHEN, FLOOR LAUNDRY & NICE BACKYARD! ON CUL-DE-SAC NEAR GOLF COURSE!
MLS #4055152
MLS #4055228
NEW PRICE
VISUAL TOUR #3340916
$105,000
BIG UPDATED KITCHEN WITH LOTS OF EXTRAS, NEWER FLOORING, NEW GAS FIREPLACE, WALK-OUT LOWER LEVEL, HUGE YARD ON DEAD END STREET!
MLS #4053799
VISUAL TOUR #2749387
$73,499
AFFORDABLE! UPDATED! 3 BEDROOMS, 1 BATH WITH NEW FLOORING, NEWER FURNACE, WINDOWS & SIDING!
MLS #4049220
VISUAL TOUR #3262007
$126,000
CUTE & COZY RANCH STYLE HOME WITH 2 CAR GARAGE! LOTS OF UPDATES! NEW FURNACE & AC! FENCED YARD! QUIET STREET!
MLS #4051175