Sherwood Gander Mountain Sells for $4 Million (Real Deals)

by George Waldon  on Monday, Apr. 11, 2011 12:00 am  

The deal is backed with a three-year loan of $190,180 from IberiaBank. The 0.7-acre development previously was tied to a February 2008 mortgage of $160,007 held by Regions Bank of Birmingham, Ala.

The Carters bought the project for $200,000 more than three years ago from Peggy Glover and Candace Chapman.

 

Short Sale

A 5,286-SF home in the St. John's Place neighborhood in Little Rock sold for $1.05 million.

Charles and Marisa Ensminger purchased the house from HVA Family Living Trust, led by Jane Saunders-McMullin. The residence was secured by a September 2003 loan of $1.5 million from Little Rock's Metropolitan National Bank.

The Ensminger buy is funded with a 30-year loan of $800,000 from One Bank & Trust of Little Rock.

The location was assembled in two deals totaling $172,000. The sellers were Winston and Lally Brown, $92,000 in May 2000; and St. John's Place, a joint venture composed of the Roman Catholic Diocese of Little Rock and Dickson Flake, $80,000 in March 2000.

 

Germay Residence

A 5,569-SF home in the Germay Court neighborhood of west Little Rock's Chenal Valley development rang up a $585,000 transaction.

Sadiq and Shirin Ali bought the house from Wills Fargo Bank, trustee of the Fieldstone Mortgage Investment Trust Series 2007-1. The bank took possession of the property from Kenneth and Tanya Whitfield in January 2010.

 

 

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