Fuel Storage Facility Attracts $5M Sale (Real Deals)

by George Waldon  on Monday, Feb. 10, 2014 12:00 am  

Maisons Abode

A 5,183-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development drew a $625,000 transaction.

Bruce and Jennifer Milstein purchased the house from Gregory and Jennifer Davis.

The deal is backed with a 30-year loan of $500,000 from Bank of America in Charlotte, N.C.

The residence previously was linked with December 2011 mortgages of $417,000 and $58,000 held by Summit Bank of Arkadelphia.

The Davis family bought the location for $73,000 in July 2004 from Deltic Timber Corp. of El Dorado.

Prospect Terrace Home

A 3,600-SF home in Little Rock’s Prospect Terrace neighborhood rang up a $555,000 transaction.

Greg Hale and Mica Strother acquired the house from Rebecca Streett. The deal is financed with a one-year loan of $578,800 from Southern Bancorp Bank of Arkadelphia.

The residence previously was tied to an October 2006 mortgage of $721,400 held by Arkansas Federal Credit Union of Jacksonville.

The Streetts purchased the property for $445,000 in October 2005.

The sellers were George and Mariam Hopkins.



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