Riverdale's Raney Building Headlines $3.5M Triple Purchase (Real Deals)

by George Waldon  on Monday, Sep. 23, 2013 12:00 am  

T.J. Raney Building at 3600 Cantrell Road. (Photo by Jason Burt)

Hallen Court House

A 3,945-SF home in the Hallen Court neighborhood of west Little Rock’s Chenal Valley development drew a $640,000 transaction.

David and Nancy Hicks purchased the house from the namesake living trusts of Charles Smith and Susan Jones.

The deal is financed with a 30-year loan of $350,000 from Delta Trust Mortgage Inc. of Little Rock. The residence previously was tied to a March 2012 mortgage of $417,000 held by Arvest Mortgage Co. of Lowell (Benton County).

The site was acquired for $160,000 in August 2011 from Bryan and Melanie O’Patry.

Chenal Circle Home

A 4,041-SF home in the Chenal Circle neighborhood of west Little Rock’s Chenal Valley development is under new ownership after a $582,000 sale.

Scott and Heather Allmendinger bought the house from Michael and Evangeline Steele.

The deal is funded with a 30-year loan of $332,000 from NBA Mortgage Group of Little Rock. The residence previously was linked with a June 2009 mortgage of $368,500 held by Suntrust Mortgage Inc. of Richmond, Va., and a September 2012 mortgage of $50,000 held by Arvest Bank of Fayetteville.

The Steeles purchased the property for $525,000 in November 2000 from the Jacqueline McReynolds Trust.

Oaks Residence

A 3,133-SF home in The Oaks neigh-borhood of west Little Rock’s Chenal Valley development rang up a $520,000 deal. Diane and James Hobson acquired the house from the David T. Matchet Revocable Trust.

 

 

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