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 Houstons purchased the property for $172,000 in March 1986 from John Watson and Janet Kordsmeier.

Rural Residence

A 4,219-SF house in west Pulaski County drew a $700,000 sale.

Matthew and Lori Kagy bought the house from Joseph and Kerre Gilliland. The deal is funded with a 30-year loan of $417,000 from Bank of England.

The residence previously was linked with a January 2006 mortgage of $480,000 held by Citimortgage Inc. of O’Fallon, Mo., and a May 2013 mortgage of $100,000 held by Bancorpsouth Bank of Tupelo, Miss.

The Gillilands acquired the 8.1-acre spread for $538,000 in July 2001 from Scott and Rene Proctor.

Country Club House II

A 3,140-SF home near the Country Club of Little Rock is under new ownership after a $685,000 deal.

Sue and Wallace Rowland purchased the house from Donald Alvord and Marshallyn Thurston.

The residence previously was tied to February 2011 mortgages of $417,000 and $133,000 held by Metropolitan National Bank.

The property was bought for $365,000 in August 2010.

The seller was Edwin Corder II.



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