Jacksonville Apartments Add Up to $4.7M Sale (Real Deals)

by George Waldon  on Monday, Dec. 17, 2012 12:00 am  

Royal Chalet Apartments, Jacksonville.  (Photo by Jason Burt)

The property was bought for $225,000 in October 1984 from Martin and Carol Dorman.

Sologne Manor

A 10,800-SF manor in the Sologne Circle neighborhood of west Little Rock’s Chenal Valley development sold for $1.5 million.

Christopher and Claire Pittman purchased the house from Capital Bank of Little Rock. The deal is funded with a three-year loan of $1.3 million from Merchants & Planters Bank of Batesville.

The residence previously was tied to a March 2009 mortgage of $2.05 million and a June 2009 mortgage of $150,000 held by the bank.

Sologne Residence Revocable Trust, led by Eric and Toni McDuffie, forfeited the property to Capital Bank in November 2010.

The McDuffies acquired the property for $312,000 in April 2007 from EMW Construction Inc., led by Edward Wright.

Estates Sale

A 5,087-SF home in The Estates neighborhood of west Little Rock’s Chenal Valley development changed hands in a $699,000 deal.

Michael and Holiday Ross bought the house from Charles and Kendra Vondran. The deal is backed with a six-month loan of $559,200 from Little Rock’s Bank of the Ozarks.

The residence previously was linked with a February 2009 mortgage of $417,000 held by One Bank & Trust of Little Rock.

The Vondrans purchased the property for $510,000 in March 2005 from the Albert & Arlene Visconti Family Trust.

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Did the Fed make the right call on interest rates?