Clark County real estate transactions recorded Aug. 26 through Sept. 9, 2022, having a value of $100,000 or greater. Information is gathered from public records held by the Clark County Circuit Clerk and online via Data Scout. The Arkadelphian includes names of grantees, grantors, transaction price and property description available, and does not withhold names.
Landon and Brittany Loy purchased 30 acres of mostly timberland on state Highway 51 near Burrow Road on Aug. 26 by warranty deed. The Loys bought the property from Rhonda C. Parker/Buzen/Reynolds for $158,973. There was no mortgage information available for this transaction.
A cleared 3-acre parcel on Stephenwood Drive west of Walmart sold on Aug. 26 for $130,000. Cole’s Secure Storage LLC purchased the land from Justin, Sarah, Gary, Patti, Josh, Jesse, Gwen and Ashlee Gaither. There was no mortgage information available for this transaction.
A 1,744 SF brick home on 1.5 acres at Highway 67 near Gurdon Pond One sold for $125,000 on Sept. 1 to Felipe Juarez and Yesenia Alfaro. The previous owner was Christina Orsburn, who purchased the property in 2019 for $60,000. The recent transaction is being financed by a mortgage of $111,250 through Southern Bancorp.
The Ernest and Susan Drost Living Trust purchased 39 acres that includes a large pond and mixed timber and pasture on Lodge Road northeast of state Highway 84. The Sept. 2 transaction of $199,500 was done by corporate warranty deed. The previous owner, Fowler Auctioneers Inc., purchased the property for $55,000 in 2011. There was no mortgage information available for this transaction.
A 1,436 SF home on the 1200 block of Haddock Street sold for $116,000 on Aug. 31 to Kelsey Looney. The previous owners were Ryan and Jessica Day who purchased the home in 2014 at an unlisted price. Looney is financing the transaction by a mortgage of $102,600 through Stockton Mortgage Corp.
A 1,516 SF frame siding house on Hot Springs Drive in Caddo Valley sold for $150,000 to Jesus, Neri, Angel and Criss Ramos, and Guisela Garcia. The Aug. 26 transaction was done by warranty deed. The former owners were Charles and Cherie Dulany, who purchased the home for $113,000 in 2019. Garcia is financing the transaction by a mortgage of $127,500 through Southern Bancorp.
A 1,360 SF frame siding house on 5 acres at McNeely Road sold for $289,000 to Charley Smyser and Anthony Bonner. The Aug. 26 warranty deed transaction is being financed by a mortgage of $97,900 through Southern Bancorp. The previous owners were Gary Eccleston and Karen Braidwood, who purchased the property for $79,000 in 2014.
A 2,196 SF two-story, frame siding house and adjacent lot on Evergreen Drive sold for $289,500 to William Hunt. The previous owners were Timothy and Robin Phelan, who purchased the two unimproved lots in 1988 for $16,000 and erected the home two years later. There was no mortgage information available for the recent sale.
A 1,804 SF brick home on 2.35 acres at Deceiper Hill Road sold for $190,000 to Alvie Brewer. The previous owners were Gordon and Shirley Bunting, who bought the property in 2017 for $130,000. Brewer is financing the transaction by a mortgage of $135,000 through Diamond Bank.
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The solution to this spike in real estate pricing is for me to purchase something now. Prices would plummet shortly thereafter.