Who Pays $1 Million for a Home?

by Mark Friedman  on Monday, Apr. 18, 2011 12:00 am  

Tracy and Pete Yuan bought one of the 22 Pulaski County homes that sold for more than $1 million in 2010.

"It's got a very small courtyard and fountain, which is great for entertaining without being too huge," said Matthews, who is the owner of Cupcakes & Caterpillars, a children's and baby boutique in Little Rock.

She also said she was attracted to the floor-to-ceiling windows throughout the two-story, four-bedroom home.

David Matthews is the president of the commercial real estate firm Matthews Management Co. LLC of Little Rock. He is a great-grandson of the North Little Rock real estate tycoon Justin Matthews Sr.

  • In October, Dr. Stanko and Jasna Vuk bought a 6,000-SF home in the Waterview Estates neighborhood of west Pulaski County. They bought the estate from James A. Matthews for $1.15 million. The residence was previously tied to an April 2008 mortgage of $1.3 million and a February 2008 mortgage of $105,470.

Jasna Vuk is an assistant professor in the Office of Educational Development at UAMS. She holds a doctorate in educational psychology from Mississippi State University. Stanko Vuk specializes in pediatric neurology. He received his license from the Arkansas State Medical Board in February 2010.

  • On Sept. 30, Isabel and John Ed Anthony purchased a 6,600-SF mansion in the Pinnacle Point neighborhood of Cammack Village for $2.02 million. They bought the home from Charles and Marisa Ensminger. The residence previously was tied to a March 2002 mortgage of $1 million and a July 2005 mortgage of $351,594. The Ensmingers bought the home for $1.35 million in December 2001.

Isabel Anthony said she's not sure what will be done with the house and didn't want to comment further on the plans.

John Ed Anthony is the chairman of Anthony Timberlands Inc. of Bearden, the company his grandfather founded in 1907 and one of the state's largest private companies. Its self-reported revenue for 2010 was $141 million, down almost 10 percent from 2009.

Anthony Timberlands has a hardwood sawmill and a pine sawmill and makes treated products. The company's subsidiaries include Anthony Wood Treating Inc. and Anthony Hardwood Composites Inc. John Ed Anthony's family is considered one of the wealthiest in the state. He is a member of the Arkansas Sports Hall of Fame for his Loblolly Stables, which produced thoroughbred horses that won races at Preakness and Belmont.

  • In March 2010, Amy and Todd Denton, through Aspen Realty Trust, bought a $1.35 million estate in west Little Rock's Valley Falls Estates neighborhood. The sellers were Eugene and Jamie DeJordy, who bought the home for $2.3 million in 2006.

Todd Denton said one of the selling points was the home's big backyard.

"We have young kids," said Denton, who is director of business development in the national transportation practice at Aon Risk Services in Little Rock.

The two-story, 6,754-SF home also has a home office of between 500 and 600 SF, "which was something we were looking for," he said.

He said they were about to build in the area when the DeJordys' house became available.

Todd Denton graduated in 1993 from Ouachita Baptist University with a degree in business and finance.



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