Ridge at Chenal Site Bought for $2.6 Million (Real Deals)

by George Waldon  on Monday, Jul. 25, 2011 12:00 am  

Adjoining 110-year-old-plus homes near downtown Little Rock sold for a combined $500,000.

Warren Stephens, through Irwin Cantrell Properties LLC, purchased the half-acre property near Episcopal Collegiate School from Jackie Hammond.

The Hammond family bought the historic 3,096-SF home at 1415 Cantrell Road for $30,000 in June 1975 from John and Lennie Toney.

The 2,724-SF home at 1407 Cantrell Road was acquired for $63,000 in June 1993 from John Mullen Jr. and his wife, Lori.

 

Outreach Acquisition

A church project in south Little Rock drew a $200,000 sale. Delta Presents Outreach Foundation Inc. bought the 7621 W. 40th St. property from Rosedale Baptist Church.

The deal is backed with a five-year loan of $162,000 from Regions Bank of Birmingham, Ala.

The 0.92-acre property was assembled in two deals totaling $25,000. The sellers were Morris and Alma Holmes, $20,000 in October 1971; and Mabel Douglass Burns, $5,000 in October 1957.

 

PV Manor

A 6,500-SF home in west Little Rock's Pleasant Valley neighborhood tipped the scales at $1.2 million.

 

 

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