New Kanis Plaza Owner Arrives in $1.5M Sale (Real Deals)

by George Waldon  on Monday, Dec. 9, 2013 12:00 am  

Edgehill Abode

A 10,000-SF manor in Little Rock’s Edgehill neighborhood is under new ownership after a $2.6 million deal.

Richard and Sarah Ashley acquired the house from Mac and Dorothy Woodward. The deal is funded with a $1.4 million loan from Centennial Bank.

The residence previously was linked with an August 2010 mortgage of $548,832 held by Summit Bank of Arkadelphia and a March 2013 mortgage of $1.3 million from Bank of Little Rock.

The Woodwards bought the property for $2 million in November 2004 from Sheila McAdams and the Herbert McAdams 2001 Trust.

Arbors Abode

A 3,783-SF home in The Arbors neighborhood of west Little Rock’s Chenal Valley development drew a $582,000 deal.

Carey and Elizabeth Guidry purchased the house from Robert Rhodes Jr. and his wife, Diane. The deal is financed with a 15-year loan of $417,000 and a five-year loan of $48,600 from Metropolitan National Bank of Little Rock.

The residence previously was tied to a November 2012 mortgage of $403,000 held by Arvest Bank.

The Rhodes family acquired the site for $103,000 in December 2004 from Deltic Timber Corp. of El Dorado.



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