Fountains at Chenal Apartments Transaction Approaches $8 Million (Real Deals)

by George Waldon  on Monday, Aug. 4, 2014 12:00 am  

A 5,000-SF home in the Germay Court neighborhood of west Little Rock’s Chenal Valley development changed hands in a $1.1 million transaction.

Kevin and Karen Heath purchased the house from Bradley and Deborah Diner. The deal is financed with a five-year loan of $800,000 from First Security Bank of Searcy.

The residence previously was linked with a September 2012 mortgage of $505,000 from Regions Bank of Birmingham, Alabama.

The Diners bought the property for $221,000 in March 2005 from Wayne Moore Construction Co.

Cliffewood Home

A 3,688-SF home in Little Rock’s Cliffewood neighborhood rang up a $780,000 deal.

Harrison and Beth Reed acquired the house from James Wellborn Jr. and Suzan Wellborn.

The deal is funded with a one-year loan $788,000 from Riverside Mortgage Co. of Little Rock.

The residence previously was tied to a September 2009 mortgage of $417,000 held by PrimeLending of Dallas.

The Wellborns purchased the property for $236,000 in March 1989 from Virginia Frank.

Woodland’s House

A 3,844-SF home in the Woodland’s Edge neighborhood of west Little Rock sold for $546,738.



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