Downtown Mill Part of $2.2 Million Argenta Transactions (Real Deals)

by George Waldon  on Monday, May. 26, 2008 12:00 am  

Mitchell Elementary LLC, led by George Blevins Jr., bought its namesake property at 2410 Battery St. from the Little Rock School District.

The transaction is backed with a 10-year loan of $199,635 from Blevins and his wife, Paulette.

The Little Rock School District has owned the 3.35-acre property for more than 100 years.

Deauville Home

A 5,061-SF home in west Little Rock's Deauville Place neighborhood in Chenal Valley sold for $677,000.

Brent and Heather Bradley purchased the house from Chenal Valley Construction Inc., led by James Miles.

The deal is funded with a 30-year loan of $326,000 from Summit Bank of Arkadelphia. The residence previously was tied to a February 2006 mortgage of $580,000 held by Arvest Bank of Fayetteville.

The site was acquired for $121,000 in June 2005 from Deltic Timber Corp. of El Dorado.

Prospect House

A 2,671-SF home in Little Rock's Prospect Terrace neighborhood is under new ownership after a $528,000 deal.

John Conner III and his wife, Mary, acquired the house from Justin and Jamie Stewart. The deal is financed with one-year loans of $417,000 and $113,000 from One Bank & Trust of Little Rock.

The residence previously was linked with February 2007 mortgages of $380,000 held by New Century Mortgage Corp. of Irvine, Calif., and $95,000 held by Riverside Bank of Sparkman (Dallas County).

 

 

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