8. Public Records (Local)

Columbia County Real Estate Transactions: September 30 - October 11, 2024

    This report (MAGNOLIA REPORTER) summarizes real estate transactions in Columbia County, recorded from September 30 to October 11, 2024, with a value of $100,000 or greater. The information is sourced from public records maintained by the Columbia County Circuit Clerk and County Assessor, as well as the Arkansas Secretary of State. This reporting cycle includes one land sale, one commercial property transaction, and five residential sales.

306 E. McNeil St. Physician's Office Magnolia, AR

    On September 30, a physician's office located at 306 E. McNeil St. in Magnolia sold for $190,000. The property encompasses a 2,036-square-foot building on 0.586 acres and was previously operated by pediatrician Dr. Amy Cross. The sellers, Amy W. Cross, M.D., and Charles Cross transferred ownership to The Peoples Bank. 

    A 1,860-square-foot townhouse on Sunset Boulevard in Magnolia changed hands on October 2, selling for $205,000. The property was sold by Steven William Smith, trustee of the Steven William Smith Living Trust, to Pharr Construction, Inc. 

    The Steven William Smith Living Trust later conveyed the property to Annihans LLC through a quitclaim deed on December 17, 2002. Annihans LLC then transferred the property to the Steven William Smith Revocable Trust on March 23, 2022.

Approximate Area of Land Sale

    A land sale also took place on October 4 along Hwy. 371 South in Magnolia, achieving a sale price of $110,000. Claire Elaine DeRamus and Alan DeRamus, alongside Greg and Donna Williams, Gwen and John Sparks, sold 24.79 acres to Kelli Ann Barton, trustee of the Barton Family Living Trust. No mortgage details are available for this transaction. 

    On October 9, a 1,112 square foot house and 0.494 acre on Hwy. 82 East in Magnolia sold for $127,500. The sellers, Jackson Sheesley and Hannah Sheesley transferred ownership to Rachel Stamper. No mortgage information was reported for this sale. The Sheesleys purchased the property on July 27, 2022, for $103,000 from the Jack Duane Long Living Trust through a warranty deed.

"While it may appear some sellers have made large profits from the sale of their properties, these real estate transaction reports do not reflect any improvements or investments owners have made since purchasing their properties. Despite their subsequent investments, it is possible that some sellers have made only slight profits on their transactions, or even lost money." 

- Magnolia Reporter Editor's Note

This was written with the help of A.I.