Main Street Lofts Redevelopment Spurs $1.5 Million Sale (Real Deals)

by George Waldon  on Monday, Nov. 26, 2012 12:00 am  

The 12-story Boyle Building anchors the north end of Main Street Lofts. (Photo by Michael Pirnique)

A 4,200-SF home in west Little Rock’s The Villages of Wellington neighborhood sold for $579,000.

Iana Mikhailova acquired the house from River Rock Builders LLC, led by Patricia Wingfield.

The residence previously was tied to a February 2010 mortgage of $476,000 held by Little Rock’s Bank of the Ozarks.

The site was purchased for $59,000 in May 2006 from Winrock Development Co., led by Russ McDonough Jr.

Majestic Residence

A 3,800-SF home in the Majestic Pointe neighborhood of Maumelle is under new ownership after a $517,000 transaction.

Kyle and Lindsay Skinner bought the house from Woodhaven Homes Inc., led by Jack Wilson. The deal is funded with a 30-year loan of $400,000 from Bank of Little Rock Mortgage Corp.

The residence previously was linked with a June 2011 mortgage of $237,000 held by Bank of the Ozarks.

The location was acquired for $72,000 in June 2010 from Cypress Bay Development LLC, led by John Wright.

Hickory Grove Sale

A 3,134-SF home in west Little Rock’s Hickory Grove neighborhood changed hands in a $515,000 deal.

Greg and Karen Faherty purchased the house from Alpha and Bryan Burkhalter. The deal is backed with a 30-year loan of $412,000 from Bank of the Ozarks.



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