Residential real estate sales among top Sebastian County property deals in March

Two residential real estate deals in Fort Smith and Greenwood, with both topping $1 million, were the largest property transactions in Sebastian County during March, according to the office of Sebastian County Assessor Zach Johnson.

The largest deal was $1.575 million with the Dwight Curry Trust selling a Fort Smith residential property to Joseph Gilliland and the Lynn Curry Family Trust. That deal closed March 8.

The second largest deal was valued at $1.15 million and had Frontier Petro LLC selling a group of duplexes on Grinnell Circle in Greenwood to Robert Ross. That deal closed March 11.

Of the top 10 deals in March, only one was for commercial property. The John and Kathy Martinkus Family Trust sold a commercial office building at 2206 Wheeler Ave., in Fort Smith, to SWGD 2206 Wheeler LLC for $500,000. That deal closed March 11.

The top 10 Sebastian County property deals in March had a combined deal value of $6.855 million. The top 10 deals for the first three months of 2024 total $28.197 million. The top 10 deals for each month in 2023 totaled $103.704 million.

The largest deal in 2023 was the $5.7 million sale of Southbrooke apartments on 8201 U.S. 271 S., in Fort Smith. The complex was sold by Dallas-based FS Southbrooke to Fort Smith-based Southbrooke Fort Smith in deal that closed April 6. The new owners plans to renovate the 129-unit apartment complex. A $20.387 million sale of the new Veterans Affairs Clinic in Fort Smith and associated property was the largest Sebastian County property deal in 2022.

Following are the top 10 March transactions in Sebastian County, according to the Assessor’s office. The list is comprised from deed transfers that include the sale price.

MARCH PROPERTY TRANSACTIONS
Transaction amount: $1.575 million
Seller: Dwight Curry Trust
Buyer: Joseph Gilliland, the Lynn Curry Family Trust
Sale Date: March 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $1.15 million
Seller: Frontier Metro LLC
Buyer: Robert Ross
Sale Date: March 11
Address: Greewood, Grinnell Circle
Description: Residential-apartments

Transaction amount: $595,000
Seller: Bill and Janice Keating Family Trust
Buyer: Cynthia Yarbrough
Sale Date: March 13
Address: Fort Smith
Description: Residential-home

Transaction amount: $585,000
Seller: Ross Jr., and Frances Morreale
Buyer: Teague Lake Holdings LLC
Sale Date: March 15
Address: Fort Smith
Description: Residential-home

Transaction amount: $580,000
Seller: Chris and Lara Parsons
Buyer: Dennis Johnson and Laura Herath
Sale Date: March 13
Address: Greenwood
Description: Residential-home

Transaction amount: $500,000
Seller: John and Kathy Martinkus Family Trust
Buyer: SWGD 2206 Wheeler LLC
Sale Date: March 11
Address: 2206 Wheeler Ave., Fort Smith
Description: Commercial-office

Transaction amount: $490,000
Seller: Brenda Basinger
Buyer: Denis and Melanie Pagette
Sale Date: March 7
Address: Hackett
Description: Residential-home

Transaction amount: $480,000
Seller: Gary and Jayno Blan
Buyer: Cole and Neely Wasinger
Sale Date: March 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $450,000
Seller: FBO Candi Mars Preservation Trust
Buyer: Michael and Tina Higginbotham
Sale Date: March 15
Address: Fort Smith
Description: Residential-home

Transaction amount: $450,000
Seller: Zhila Asl
Buyer: Ron and Lori Anderson
Sale Date: March 12
Address: Fort Smith
Description: Residential-home