RE Guide February 2014

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

Owatonna Area

February 2014

GUIDEGUIDEREAL ESTATE

Owatonna.com

A History Who We AreIt has been my mission to not only guide our clients through their entire home buying process, but to be as up-front and honest as possible so that they understand everything from the beginning to the end and thereafter. I want my clients to feel confident as they make choices about the many options available for their financing strategy. And know that I do not just disappear after closing. My team and I are there to assist every step of the way. You will hear it classified as your biggest investment, your biggest liability, but in reality it is your home. I want you to feel comfortable with the payment, and program you choose, and understand how it works. As a Mortgage Consultant with Wintrust Mortgage, I have access to numerous lenders with a wide array of programs. �is allows us to be creative when the need arises; getting more people into homes. Much of my business is from repeat customers and their referrals. I pride myself on this customer satisfaction that has allowed my business to continue growing on its own so that I have the time to concentrate on giving you the best service possible. On behalf of my team, we look forward to working with you!

Wintrust Mortgage was created to assist in the realization of the American dream of home ownership. Our large volume and the ability to lend in all 50 states makes us one of the largest mortgage bankers in the country. In 2013 alone, we originated over $3 billion in loans. Our large volume means better rates for our borrowers. Wintrust Mortgage is a part of Wintrust Financial Corporation, a diverse financial services company with nearly $18 billion in assets. Wintrust Mortgage is not like other mortgage providers. For us, it’s not just about products and price. It’s about service. Service to our customers and our community Wintrust Mortgage is not like other mortgage providers. For us, it’s not just about products and price. It’s about service. Service to our customers and our community. Whether you’re buying your first home or refinancing, Wintrust Mortgage is your calm, clear and experienced guide through the mortgage process.

WINTRUST MORTGAGE Want to know about us?

Wintrust Mortgage is a division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank. Wintrust NMLS# 449042 – © 2013 Wintrust Mortgage AAW 019

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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

Real Estate Guide February 2014

February 2014 Real Estate Guide

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 ............................... 4

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

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 02/2014











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


Kelly RatzloffHome Mortgage ConsultantOffice: 507-455-67841400 South Oak Ave.Owatonna, MN [email protected] ID 1102316


THE BENEFITS OF PROPER PRICING

When you determine your home’s price, bewareof the pitfalls of overpricing. Logically, youwould think thatthe higher theprice of yourhouse the moremoney you willreceive for it,but there is afine linebetween supplyand demand. Potential buyers who see yourhome’s listing price may bypass even looking atit without considering making a lower offer.

Concurrently, buyers who are looking only in aspecific price range that is less than the cost ofyour house will never have the opportunity toview your home, leaving you with less

marketability. On the flip side, those who couldafford to purchase your home will inevitabley bedrawn to better values that are offered elsewhere.

The perils of overpricing can be negated by thebenefits of proper pricing. Below are just a few ofthe many benefits that can be reaped with properpricing:

• Higher offers accompany a fair market value.

• Real estate agents will be more likely to showyour home enthusiastically if he/she believes it is agood market value. A reasonably-priced home willgenerate competing offers among potential buyers.

• A well-priced home will attract more qualifiedbuyers, ensuring that its marketability remains.


REALTOR®

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.

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

WELL MAINTAINED 4 BEDROOM HOME!• 4 bedrooms, 2 baths• Quiet street near shopping & restaurants• Newer windows & roof• Open fl oor plan• Finished lower level family roomContact Connie Knutson.MLS #4048581

ALL ON ONE FLOOR!• Ranch style home• Three bedrooms all on main fl oor• Double attached garage• Nice deck• Park-like backyard• All appliances stayContact Connie Knutson.MLS #4050172

IT’S JUST RIGHT!• Three bedrooms, 2 baths• Upper level den/offi ce• Finished basement with family room• Oversized heated two car garage• Great yard with patio, pond & fi re pitContact Connie Knutson.MLS #4048162

ALL THE WORK IS DONE!• Three bedrooms• New kitchen• New windows, roof & siding• Future expansion in basement level• Patio & one stall garage• OWNER/AGENTContact Connie Knutson.MLS #4049783

$150,000 $119,900

$112,000 $95,000

VISUAL TOUR #3161145 VISUAL TOUR #3223127

VISUAL TOUR #3147438 VISUAL TOUR #3205063NICE RAMBLER MOVE-IN READY!

• Large yard and deck• Appliances included• Single stall garage• Paved driveway, vinyl siding• OWNER/AGENTContact Connie Knutson.MLS #4045698

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 Knutson.MLS #4044294

$89,900 $79,900


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

[email protected]

SPECTACULAR HOME IN GOLF & LAKE COMMUNITY!

• Two story home with 4 bedrooms & 4 baths• 1.66 beautiful acres with lake & golf views• “Rare” granite throughout entire house• Formal & informal dining• 4 season porch, two patios• Family room, wet bar & rec room in lower level• Beautiful master suite with private bathContact Connie Knutson.MLS #4044646

VISUAL TOUR #3035145

$469,000NEW PRICE!

RANCH ON QUIET CUL-DE-SAC!• 3 bedrooms, 3 baths• Master bath with dual vanities• 2 main fl oor laundry areas• Huge lower level family room• Lots of storage space• Oversized insulated & heated garage• Nice size mature backyard with deckContact Nancy Sletten.MLS #4048288

$179,000



$139,900 $73,499 $169,900 $38,000

VISUAL TOUR #3147118 VISUAL TOUR #2749387 VISUAL TOUR #3221349

CONTEMPORARY HOME ON 2.5 ACRES!• 2.5 acre lot to be created from 9.99 acres• Built in 2004, over 3000 sq ft fi nished• 4 bedrooms, 2.5 baths• Family room with fi replace & wet bar• Fabulous master suite!• Just a short drive from Owatonna• Additional land with shed negotiableMLS #4049402

5+ WOODED RURAL ACRES• 2 bedrooms, 1.5 bath with main fl oor laundry• 2 parcels sold together = 5.77 acres• Lots of future potential• Second parcel across road• Attached two car garage• Outbuildings need attention• Nice setting 4 miles from townMLS #4048777

RANCH STYLE FOUR BEDROOM HOME!• Established neighborhood• 2 car attached garage• Finished basement family room• Easy access to Hwy I-35• Near park & schools• Future 2nd bath in basementMLS #4048151

DRIVE A LITTLE...SAVE A LOT!• Main fl oor laundry, bedroom & offi ce• New Pergo fl oor in kitchen, living & dining room• Huge kitchen with lots of cupboards, counters & breakfast bar• Newer roof, furnace, siding & hot water heater• Two car garage with 220 wiring• Large treed lot!MLS #4049220

2009 BUILT - COMPARE TO NEW!• 4 bedrooms, 2 baths• Kitchen island with breakfast bar• Maple kitchen cabinets• Stainless steel appliances• Finished lower level with walk-out• 2 car insulated & sheeted garage• Newer landscaping & more!MLS #4050138

1.36 BUILDABLE LOT BY CANNON LAKE• Now is the time to design & build your dream home• Located near Cannon Lake & WarsawMLS #4050219

RANCH ON QUIET CUL-DE-SAC!• 3 bedrooms, 3 baths• Master bath with dual vanities• 2 main fl oor laundry areas• Huge lower level family room• Lots of storage space• Oversized insulated & heated garage• Nice sized mature backyard with deckMLS #4048288

4 BEDROOM, 2 BATH HOME!• Open updated fl oor plan• Kitchen with custom cabinets, stainless appliances• Lower level with family room, 2 bedrooms & bath• New carpet in main fl oor bedroom• Private fenced backyard with storage shed• 2 car garage, quiet NE location• 2 basement windows being replacedMLS #4048116

PRISTINE CONDITION - LOWER LEVEL OPTIONS!

• Quality built with 3 bedrooms, 2.5 baths• Spacious sunroom with in-fl oor heat• Attached 3 car garage• Custom built kitchen, 6 panel doors & more!• Main fl oor formal living & family room with fi replace, 2nd fl oor laundry• Master bedroom suite with walk-in closet, whirlpool tub, dual sinks• Pretty landscaping, large patio & decorative curbingMLS #4049138

$125,500 $78,500

$379,000



5 ACRES...2007 BUILT RANCH...STYLE & LUXURY!

• 5 bedrooms, 3.5 baths• Heated triple 1147 sq ft garage• Lovely kitchen, breakfast bar, open fl oor plan• Master bedroom suite - 3 main fl oor bedrooms • Walk-out lower level, large, beautiful patio area• Huge family room with wet bar• Beautiful country viewsMLS #4049413

BIGGER THAN IT LOOKS!• 3 bedrooms, 2 full bath ranch• Newer furnace, vinyl siding & windows• Fenced yard• Family room, bedroom & bath in basement• 2 car garage• First time home OR downsize!MLS #4049617

MUST SEE TO APPRECIATE! MOVE-IN CONDITION!• 3 bedrooms, 1+ car garage• Detached 3 season porch• Nice backyard• Spacious kitchen• Vinyl siding & more!• Easy access to downtownMLS #4049375

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


$179,000 $299,000


$150,500


$279,900


$79,900



RE Guide February 2014

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