$5.3 Million Sale Visits Marriott Hotel (Real Deals)

by George Waldon  on Monday, Sep. 2, 2013 12:00 am  

Townplace Suites by Marriott at 12 Crossings Court in west Little Rock.  (Photo by Mauren Kennedy)

Lucas and Megan Hargraves acquired the house from Mark and Tammie Davis.

The deal is financed with a 30-year loan of $417,000 from Bank of Little Rock Mortgage Corp. and a $50,000 loan from First Security Bank of Searcy.

The residence previously was tied to a May 2009 mortgage of $399,580 from NBA Mortgage Group of Little Rock and an August 2009 mortgage of $146,970 from Bank of America in Charlotte, N.C.

The Davis family bought the property for $615,000 in December 2006. The sellers were Hubert Mayes Jr. and his wife, Susan.

Oaks Residence II

A 4,600-SF home in The Oaks neighborhood of west Little Rock’s Chenal Valley development changed hands in a $650,000 sale.

Patricia Tull purchased the house from Allyson and Todd Lamb. The deal is backed with a 30-year loan of $350,000 from IberiaBank Mortgage Co. of Little Rock.

The location was acquired for $68,000 in January 2003 from Deltic Timber Corp. of El Dorado.

Ferncrest Abode

A 4,605-SF home in the Ferncrest Estates neighborhood of west Pulaski County rang up a $600,000 transaction.

Jon Jones bought the house from Theseus Holdings LLC, led by Winthrop Rockefeller Jr.

The 16.9-acre property was assembled in two October 2007 deals totaling $545,000.



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