Harper Family Reaps $1.3 Million From Farm Sale (Real Deals)

by George Waldon  on Monday, May. 30, 2011 12:00 am  

Charles and Anne Vermont purchased the seventh-floor property at 5 Statehouse Plaza from Brad and Emily Canada.

The deal is funded with a 15-year loan of $417,000 from Bank of England. The condo previously was linked with a February 2009 mortgage of $700,000 held by the bank.

Arkansas Riverview Development LLC, led by Canada, bought the half-acre site for $950,000 in April 2004 from the Arkansas Bar Foundation.


Deauville Abode

A 5,108-SF house in the Deauville Place neighborhood of west Little Rock's Chenal Valley development rang up a $560,000 transaction.

Chad Matone acquired the house from Little Rock's Rector Phillips Morse realty firm. The deal is backed with a 30-year loan of $417,000 from NBA Mortgage Group of Little Rock and a $70,000 loan from North Little Rock's National Bank of Arkansas.

The residence previously was tied to an August 2006 mortgage of $588,800 from Regions Bank of Birmingham, Ala.

The location was purchased for $139,000 from Deltic Timber Corp. of El Dorado.


St. Mark Financing

A Little Rock congregation picked up a $5.07 million funding agreement.



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