october re guide 2014

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

Owatonna Area

October 2014

GUIDEGUIDEREAL ESTATE

Owatonna.com

REAL ESTATE GUIDE Friday, September 26, 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

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, September 26, 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 ConsultantsSTEVE ARNOLD, BETTY FROST,

SHAWNEA HULL, DAVID WEEKS

Advertising DesignNIKKIE GILMORE, KEELEY KREBSBACH,

JENINE KUBISTA, KELLY KUBISTA, MATTHEW ROOSMALEN

Owatonna Area

GUIDEGUIDEREAL ESTATEINDEX

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

Parkside Realty ....................................... 5

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

Wells Fargo ............................................. 4

WINTRUST MORTGAGE ............................. 2

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 10/2014






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


1370 Cherry Street, Owatonna

215 Thomas Ave, Owatonna

GARY J. SEYKORA, Real Estate Professional

[email protected]

NOËL J. QUALE, Broker

[email protected]

SHIRLEY J. SCHULTZ, Realtor

[email protected]

"THIS FEELS MORE LIKE A HOUSE" You give up nothing to live carefree in this condo with main �oor bedrooms, living room, 4 season porch, 2 �replaces, and full living in lower level. $223,500. Call Noel, 455-2882

145 Autumn Pl., Owatonna

OWN ONE OF THE FEW SMALL ACREAGES WITHIN THE CITY LIMITS OF OWATONNA! $238,500. Call Gary, 390-1976

OWN FOR LESS THAN RENT! Move in ready rambler on a quiet street. Storage, new siding, windows & bath. All updated. Fenced yard and super location near bike path, restaurants, school & I35. $124,500. Call to see today. Shirley 444-9999

1009 E. Rose, Owatonna

545 NE 14th, Owatonna

540 Academy, OwatonnaLOOKING FOR THE CHARM YOU JUST CAN’T FIND? 3 bedrooms, new kitchen, beautiful molding and built-ins, double garage. $159,900. Call Noel, 455-2882

CONVENIENT LOCATION...right between McKinley, Willow Creek, and the Jr. High. 3 bedrooms with hardwood �oors, extra parking space, all appliances. $112,500. Call Noel, 455-2882

MOVE RIGHT IN...2 bedroom home with hardwood �oors, new roof, new windows, fresh paint. $79,900. Call Noel, 455-2882

LARGE, QUALITY BUILT CONDO with 2 large bedrooms, 2 double closets in master, open kitchen, dining, and living room with patio doors leading to private patio. One level, no steps. New carpet, paint, and newer appliances. $108,000. Call Noel, 455-2882

THAT NEW HOME SMELL... Sunny rooms and country views in the cra�sman rambler in NE Owatonna. Enjoy your weekends and evenings instead on spending money on repairs, replacements and updates of a used home. Call Shirley O/A 444-9999 to see plans and specs for this Schultz Homes new Construction today!

507.455.2882

275 SE 22nd St, Owatonna


$129,500CHARACTER & CHARM! HARDWOOD

FLOORS GALORE! CAPE COD IN PRISTINE CONDITION, NEWER WINDOWS, ROOF & FURNACE!

MLS #4056513

$115,000LOTS OF NICE IMPROVEMENTS!

NEW FURNACE, WINDOWS, PATIO & LANDSCAPING! ROOM TO EXPAND!

BIG YARD, QUIET STREET!MLS #4057082

$139,99910 ACRES IN COUNTRY! BEAUTIFUL VIEWS! AFFORDABLE 3 BEDROOM, 2 BATH HOME, 24X27 BARN/MACHINE

SHED, 24X40 GARAGE/SHED!MLS #4054763

$114,0009.63 ACRES! WOODSY! CREEK! COUNTRY PROPERTY 2 MILES

FROM OWATONNA! OLD FASHIONED BARN! 7 ACRES TILLABLE!

BEING SOLD “AS IS”!MLS #4056120

$155,00010 ACRES ON PAVED ROAD,

REMODELED IN 1988 WITH NEW BASEMENT, WINDOWS, ELECTRICAL

& MORE! COZY HOME WITH GREAT VIEWS!

MLS #4053427

$122,000CUTE & COZY RANCH STYLE HOME WITH 2 CAR GARAGE!

LOTS OF UPDATES! NEW FURNACE & AC, FENCED YARD!

MLS #4051175

$234,500RANCH STYLE WITH OVER 2000 SQ FT ON THE MAIN FLOOR! 1.25 ACRES ON EDGE OF TOWN. PARK-LIKE SETTING!

MLS #4055581

$118,900CHARACTER & POTENTIAL!

PRESERVED WOODWORK, STAINED GLASS WINDOWS, LARGE ROOMS,

MAIN FLOOR LAUNDRY & NICE BACKYARD!MLS #4055152

VISUAL TOUR #3422340 VISUAL TOUR #3435875

VISUAL TOUR #3372328 VISUAL TOUR #3410840 VISUAL TOUR #3124999 VISUAL TOUR #3262007


NEWLISTING

NEWLISTING

NEWPRICE

NEWPRICE NEW

PRICE

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


SOLD

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.

Look for the Realtor logo to find the commitment and full services of a real estate professional.REALTOR

®


See us for an amazing experience with your

Low rates • Fast closings • Great follow-through

HOME LOAN!

Owatonna 1080 W Frongage Rd 507.444.0111Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311

www.profinium.com | NMLS 402979Member FDIC

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

Matt WaleriusJennifer SvienNMLS# 663358NMLS# 663481

Low

HOME LOAN!HOME LOAN!Jennifer Svien Matt Walerius



122 N. Cedar • Owatonna507.451.7488 800.658.7056www.erahome.comemail: [email protected]

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

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

COUNTRY LIVING IN THE CITY!

• 2.81 acres in Waseca near new Hwy 14• Over 4000 total sq ft with spacious rooms• 4 bedrooms, 3.5 baths, fi replace• Heated 2 stall garage, 24x22 barn• Patio & large deck with installed gas grillContact Connie KnutsonMLS #4055252

CLASSIC 5 BEDROOM ARTS & CRAFTS STYLE HOME!

• 2 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 & Steph WoodrichMLS #4053596

GEM ON THE SE SIDE!• Almost like new ranch style home!• 4 bedrooms, 2 full baths• New windows, new kitchen, new decor• Lower level family room with fi replace• Deck and patioContact Connie KnutsonMLS #4056796

GREAT BACKYARD!• 4 bedroom, 2 bath split• Lower level family room with fi replace• Semi-private backyard with deck• Wooded lot, storage shed• Oversized double attached garageContact Connie KnutsonMLS #4056985

RANCH READY FOR A NEW OWNER!

• 3 bedrooms, 2 baths• All appliances stay• Large deck• Close to schoolsContact Connie KnutsonMLS #4056978

COUNTRY HOME NEAR LAKE!• Split-level home on 1 acre of woods• 2 bedrooms, 1-1/2 baths• Deck & room for gardens• Double attached garage• Walk to Beaver LakeContact Connie KnutsonMLS #4056347

TRADITIONAL 3+ BEDROOM 2 STORY!

• Character fi lled - original wood trim & fl ooring• Open staircase• Newer mechanicals & shingles• Oversized double garage• Permanent sidingContact Sid SchroederMLS #4056940

STEP SAVING RANCH!• 3 bedrooms, 2 baths• Lower level family room with gas fi replace• 3 season porch, wooded lot• Oversized single garageContact Sid SchroederMLS #4055338

NEAT & CLEAN AS A WHISTLE!• Large, open living & dining room with built-ins• Hardwood fl oors• Kitchen with lots of cupboards• Lower level family room & bath• Nice, extra-large backyard!Contact Connie KnutsonMLS #4056487

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• Large lot, triple garageContact Sid SchroederMLS #4053890

PRIVATE SETTING - 3 ACRES!• 3 bedrooms, 3 baths• 3 season porch, main fl oor laundry• Triple stall garage & single stall garage• Large storage shed• Nice location, paved roadContact Connie KnutsonMLS #4055519

LOVELY COUNTRY SETTING!• 3 wooded acres• 3 bedrooms, 2 baths, 2+ car garage• 3 season porch & deck• Walk-out lower level with family room• 54x30 pole shed with mezzanineContact Connie KnutsonMLS #4052893


VISUAL TOUR #3337766 VISUAL TOUR #3426513 VISUAL TOUR #3433150

VISUAL TOUR #3433159


VISUAL TOUR #3433096 VISUAL TOUR #3390063 VISUAL TOUR #3420700




$287,900 $284,900

$158,000 $154,900 $144,900

$141,900 $134,900 $124,900 $119,900

$259,900

$189,999

$216,900NEW PRICE!

NEW PRICE!

NEW PRICE!

NEW LISTING!

NEW LISTING!

NEW LISTING!

NEW LISTING!

NEW LISTING!NEW LISTING!

Our Team of ProfessionalsNancy Sletten

Broker AssociateGRI, SRES

Matt GillardRealtor

GRI

Erin GillespieBroker Associate

GRI, ERS

Mark WoodrichRealtor

Connie KnutsonBroker AssociateCRS, GRI, ERS

ABR

Barry GillespieCRB, CRS, ePRO

Mike LarameeRealtor

Tracy Peterson SteinbergRealtor

Lori Braun DaviesRealtor

GRI

Sid SchroederRealtor

GRI, ERS

Melinda DavidRealtor

Justin OhnstadRealtor

Stacy WilsonRealtor

Stephanie WoodrichRealtor

$102,900

october re guide 2014

Documents

home thats

real estate guide

home loan guidedirectly

local real estate professional

home shopper

home buying success

affordable home prices

home financing tools