T
he following is a summary of real estate transactions in Columbia County between August 11th and 27th of 2024, which had a value of $100,000 or more. The data was obtained from public records held by the Columbia County Circuit Clerk and County Assessor, as well as the Arkansas Secretary of State. This cycle of real estate transactions includes two land sales, six residential sales, and one commercial sale.

    The Save Inn motel at 301 E. Main St. in Magnolia was sold for $800,000 on August 26th. The buyer was The Dels of Mountain Home, and the seller was Panchmukni Hanuman, Inc., which was presided over by Ajaykumar Patel. No mortgage information was available on this sale. The property is situated on a plot of land measuring 0.93 acres, with a single-family structure of 2,013 square feet and five separate buildings with varying occupancies: 3,960 SF (two-story), 3,040 SF (one-story), 6,872 SF (two-story), 4,111 SF (one-story), and 1,973 SF (one-story). Panchmukni Hanuman, Inc., purchased the property on June 2nd, 2011 for $675,000 from Ken and Kundan Patel via a warranty deed. The property was then sold for $801,000 on September 21st, 2021, to RK, LLC via a contract sale. It was then conveyed to Panchmukni Hanuman, Inc., via a quitclaim deed on February 24th, 2024.

    A land sale on August 11th netted $600,000. The buyers were WDR Investments, LLC, and the sellers were Brian D. Heath and Shannon H. Heath, Holly A. Phillips and Terry L. Phillips, Carolyn J. Steely and Kean W. Steely, Laura G. Brasher and Richard Brasher, Jean C. Perry and Richard Perry, and Kay L. Amundson and Lowell E. Amundson. These two properties were conveyed on March 8th, 2018, via an affidavit of heirship from the Watson Henry Heath Jr. Estate to Carolyn Jane Steely and Laura Gay Brasher. On March 9th, 2018, the property was conveyed via an affidavit of heirship from the Watson Henry Heath and Nancy Carol Baker Estate to Carolyn Steely and Laura Gay Brasher. The property was then deeded on June 22nd, 2023, via a donation deed from Shirley G. Heath to Brian D. and Holly Heath Phillips. It was then conveyed via an affidavit of heirship on November 16th, 2023, from Juanita Stelter to Kay Lorraine Amundson and Jean Carol Perry.

    A land sale on August 16th on Columbia 15 in Magnolia netted $149,187.50. The buyer was Hixon Property Holdings, LLC, and the seller was J Ron Investments, LLC. No mortgage information was available on this sale. J Ron Investments, LLC, purchased the 88.50-acre tract on May 18th, 2016, for $169,222 from John William Morgan et al via a warranty deed. The 20-acre tract was purchased on December 4th, 2019, for $25,604 from Andrew A. Reid III et al via a warranty deed.

    A 2,454 SF house and 10 acres on Columbia 43 in Magnolia sold for $330,000 on August 20th. The sellers were Donavan Michael Jarvis (individually and as attorney in fact for Lauren Jarvis), and the buyers were John Davis and Helen Williams. The sale was financed via a mortgage of $300,000 from Mortgage Financial Services, LLC, of Flower Mound, Texas. Mr. and Mrs. Jarvis purchased this property on December 20th, 2022, for $245,000 via a warranty deed from George Alan Phillips.

    The sale of a 1,950 SF house and 1.29 acres on Columbia 44 at Emerson on August 16th netted $262,000. The sellers were Jason Hutcheson and Amanda Hutcheson, along with Melissa Staggs and Mark Staggs, and the buyers were William D. Fields and Nicole Fields. The sale was financed via a mortgage of $248,900 from Rocket Mortgage, LLC, of Detroit, Michigan. On January 21st, 1978, Marvin E. and Margaret Wynn conveyed this property to W. Fred and Teresa Hutcheson via a warranty deed. Teresa Wynn Hutcheson conveyed this property to Melissa Staggs and Jason Hutcheson on July 27th, 2023. Jason Hutcheson acquired this property on January 24th, 2024, via an affidavit of heirship from W. Fred and Teresa Hutcheson.

    A 1,816 SF house on Cherokee Drive in Magnolia sold for $222,500 on August 13th. The sellers were Dakotah Cooper and Natalie Cooper (f/k/a Natalie Morrison), and the buyers were Mike Dixon and Royce Dixon. No mortgage information was available on this sale. Mr. and Mrs. Cooper purchased this house on May 24th, 2018, for $156,000 via a warranty deed from Trent and Victoria Figg.

    The sale of 1 acre and a 1,698 SF house on Columbia 5 in Emerson on August 19th netted $205,000. The sellers were Doug Rabb and Tracy Rabb, and the buyers were Allie Higgins and Stephenie Gray. The sale was financed via a mortgage of $201,286 from New American Funding, LLC, in Tustin, California. Mr. and Mrs. Rabb purchased this property on April 11th, 2008, for $100,000 via a warranty deed from David and Janice Sneed.

    A 1,392 SF house and 1.63 acre on U.S. 79 South in Magnolia sold for $165,450 on August 19th. The sellers were Todd Jason Spakes and Jodi Leigh Spakes, and the buyers were Hannah Colvin and Sydney Colvin. The sale was financed via a mortgage of $145,000 from Farmers Bank and Trust. Mr. and Mrs. Spakes purchased this house on April 15th, 2022, for $135,000 via a warranty deed from Cindy Martin.

    A 1,260 SF house and 2.165 acres on Hwy. 19 South in Magnolia sold for $162,000 on August 23rd. The seller was Vona Lisa Quick, and the buyer was Kristina Bostick. The sale was financed via a mortgage of $159,065 from Highlands Residential Mortgage, Ltd., of Allen, Texas. The William C. Keith Jr. Estate sold this property to Vona Lisa Quick on February 24th, 2022, for $125,000 via a personal representative's deed.