More Valley Heights Apartments Move in Bailey Buy (Real Deals)

by George Waldon  on Monday, Jun. 17, 2013 12:00 am  

A 3,021-SF home in Little Rock’s Hillcrest neighborhood rang up a $616,667 deal.

Ned and Victoria Garrett acquired the house from Helen Corkern. The deal is funded with a 30-year loan of $417,000 and a $79,000 loan from Delta Trust & Bank of Little Rock.

The residence previously was linked with an August 2004 loan from First Home Mortgage Inc. of Jonesboro.

Corkern purchased the property for $250,000 nearly nine years ago from the Miles & Donna Waldron Family Revocable Trust.

Maisons Abode

A 4,624-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development sold for $535,000.

Asif Masood and Madiha Shahid bought the house from Dennis and Patricia Braddy.

The deal is backed with a 30-year loan of $428,000 and a 22-year loan of $53,500 from U.S. Bank of Cincinnati.

The property was acquired for $595,000 in April 2006 from Rector Phillips Morse Inc., led by Loyd Walker.

Premier Financing

The owner of a 120-bed nursing home project in North Little Rock picked up a $6.69 million funding agreement.

3600 Richards Road LLC of Hunt Valley, Md., obtained the 31-year loan from Berkadia Commercial Mortgage LLC of Horsham, Pa.



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