Printer Friendly

Wellington purchase.

A 5,200-SF home in west Little Rock's Villages of Wellington neighborhood is under new ownership after a $505,000 transaction.

Thomas Park IT and his wife, Carmen, acquired the house from KT Builders Inc., led by Kenneth Whitfield.

The deal is funded with a 30-year loan of $350,000 from Wells Fargo Bank of Des Moines, Iowa, and a 40-year loan of $129,750 from Wells Fargo Bank of San Francisco.

The residence previously was linked with a July 2004 mortgage of $390,000 held by Regions Bank.

The location was purchased for $73,000 in July 2003 from Winrock Development Co., led by Russ McDonough.
COPYRIGHT 2005 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Real Deals: A Look at Important Real Estate Transactions
Comment:Wellington purchase.(Real Deals: A Look at Important Real Estate Transactions)
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1U7AR
Date:Sep 5, 2005
Words:107
Previous Article:Chenal Abode III.
Next Article:Rental financing.
Topics:


Related Articles
How effective PR builds real estate business.
Wellington home.
Wellington dwelling.
GE Real Estate to acquire Canadian portfolio for $2.4b.
Pair of Meatpacking properties sell for $70m.
Site selection.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters