Value Place Hotel Visited by $4M Sale (Real Deals)

by George Waldon  on Monday, Jul. 28, 2014 12:00 am  

Rural Residence

A 6,829-SF home in the Ferndale area of west Pulaski County sold for $720,000.

Christopher and Gail Stuart purchased the 5.59-acre spread from the Suzanne Lindsay Bradshaw Revocable Trust.

The deal is backed with a 13-year loan of $576,000 from Regions Bank.

The land was bought for $200,000 in January 1987 from Alan and Melissa Easley.

Robinwood Home

A 4,986-SF home in Little Rock’s Robinwood neighborhood drew a $635,000 transaction.

Sanford Benjamin and Barbara Vogt acquired the house from Black Sky LLC, led by Jackson T. Stephens Jr.

The deal is financed with a 15-year loan of $417,000 from First National Bank of St. Louis in Clayton, Missouri.

Ownership was transferred from Peter and Kristen Panagopoulos to Black Sky in October 2007. Stephens held a September 2005 mortgage of $585,596.

The Panagopoulos family purchased the residence for $580,000 nearly nine years ago from Benjamin Selman and Shawn Smith.



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