Arkansas Business

Germay Abode I

A 5,821-SF home in the Germay Court neighborhood of west Little Rock's Chenal Valley development tipped the scales at $819,000.

William Davis purchased the house from Rich and Betsy Eckardt. The deal is financed with a 30-year loan of $417,000 from Delta Trust Mortgage Inc. of Little Rock and a $278,588 loan from Delta Trust & Bank of Little Rock.

The residence previously was linked with an April 2009 mortgage of $417,000 held by CitiMortgage Inc. of O'Fallon, Mo.

The property was bought for $875,000 in March 2009 from Rick Turner and Martha Turner.

Longfellow Residence

A 3,156-SF home near the Country Club of Little Rock drew a $775,000 transaction.

1 Longfellow Circle Revocable Trust, led by Randy Mourning, acquired the house. The seller is Mertinsharris LLC, led by Garry Mertins and Chris Harris.

The deal is backed with a 30-year loan of $417,000 and a five-year loan of $83,000 from One Bank & Trust.

The residence previously was tied to a November 2005 mortgage of $800,000 and a March 2007 mortgage of $150,000 held by One Bank.

The property was purchased for $440,000 in November 2005 from the estate of Miriam Selz.