Crossland begins Northgate project with $5.61 Million Permit (Real Deals)

by Paul Gatling  on Friday, Dec. 21, 2012 3:04 pm  

Pinnacle Property

A 5,768-SF home in Phase I of the Pinnacle subdivision in Rogers rang up a $950,000 transaction.

Paul Beahm bought the home on Pinnacle Drive from Lee Roy Long Jr.

The deal was backed with a mortgage worth $399,000 held by Arvest Bank of Fayetteville.

Long bought the home in November 2011 for $1.15 million. The seller was the Hames Family Trust.

Hames bought the 1.01-acre lot in March 2007 from Tallchamps LLC for $240,000.

The five-bedroom home was built in 2007.

The property appraised earlier this year for $1.04 million.

Brandy Pool with Portfolio Luxury Real Estate in Rogers was the listing agent.


Record Purchase

A 12,000-SF building near downtown Bentonville recently sold for $700,000.



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