Wooded Acres Sell In $1.59 Million Deal (Real Deals)

by George Waldon  on Monday, Sep. 30, 2013 12:00 am  

Second-phase construction at The Pointe at Broadie Creek. (Photo by Jason Burt)

The deal is financed with a $220,000 loan from North Little Rock’s National Bank of Arkansas.

Meador acquired the 0.76-acre development for $250,000 in October 1991. The seller was Frank Paxton Co., led by Roger Davis.

Sologne Manor

A 4,985-SF home in the Sologne Circle neighborhood of west Little Rock’s Chenal Valley development sold for $835,000.

Kevin and Mary Handley purchased the house from William and Wendy Raney.

The deal is backed with a 30-year loan of $668,000 from Simmons First Mortgage Co. of Pine Bluff.

The residence previously was tied to a May 2006 mortgage of $796,000 held by Wells Fargo Bank of Sioux Falls, S.D.

The Raneys bought the property for $995,000 more than seven years ago from John and Kelly Hammer.

Country Club House I

A 2,760-SF home near the Country Club of Little Rock rang up a $750,000 transaction.

Mark and Marcella Doderer acquired the house from Gary and Elizabeth Houston.

The deal is funded with a 15-year loan of $600,000 from Regions Bank.



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