Aaron Jones & Abigail Jones
Aaron Jones & Abigail Jones Statement of Financial Condition Dec. 31, 2007 Assets Cash Retirement Accounts Non-marketable investments* Real estate and land improvements Personal Property, furnishings and jewelry Total Liabilities and Net Worth Accounts payable Notes payable Short term Long term Total liabilities Net Worth
$30,000 $33,146 $3,626,433 $3,175,000 $300,000 $7,164,579 Current 0 $2,420,100 $2,420,100 $4,744,479
Real Estate and Land Improvements • 318 W. Cross St., Benton $225,000 • Debt $126,696 • Held by Summit Bank of Arkadelphia • 43 Chenal Circle, Little Rock $1,600,000 Debt **$1,437,762 Originated by Centennial Bank of Little Rock, held by Countrywide Home Loans, Calabasas, Calif. • 265 Salt Box, Watersound, Fla. $1,350,000 • Debt $855,642 • Originated by Centennial Bank, held by Taylor Bean & Whitaker Mortgage Corp. of Ocala, Fla. *See page 17 **Includes $250,000 owed to sellers Mark and Kim Brockinton, although actual debt was $331,000. A $245,000 loan from Centennial Bank secured by 43 Chenal Circle was not included with four loans under the heading “Notes Payable and Long-Term Debt.” Source: Exhibit entered in Aaron Jones’ criminal trial in U.S. District Court, September 2009 Jones Homes Sampler 5904 N. Country Club Blvd., Little Rock Total Living Area: 1,586 SF Bought for $168,000, Aug. 12, 2000 Sold for $198,000, Sept. 10, 2002
318 W. Cross St., Benton Total Living Area: 2,402 SF Bought for $50,000, March 19, 2003 Valued at $225,000, Dec. 31, 2007* Sold for $169,000, Sept. 24, 2010
43 Chenal Circle Total Living Area: 5,757 SF Bought for $1.6 million, May 5, 2005 Valued at $1.6 million, Dec. 31, 2007* Sold for $300,000, Feb. 27, 2009**
265 Salt Box Lane, Watersound, Fla. Total Living Area: 1,825 SF Bought for $1.2 million, Oct. 27, 2006 Valued at $1.3 million, Dec. 31, 2007* Sold for $646,000, March 15, 2010
*Statement of financial condition for Aaron and Abigail Jones **The home’s $1.2 million first mortgage held by Countrywide was paid off with a check issued by Standard Fire Insurance Co. of Hartford, Conn., on Dec. 18, 2008. Source: Public real estate records
$30,000 $33,146 $3,626,433 $3,175,000 $300,000 $7,164,579 Current 0 $2,420,100 $2,420,100 $4,744,479
Real Estate and Land Improvements • 318 W. Cross St., Benton $225,000 • Debt $126,696 • Held by Summit Bank of Arkadelphia • 43 Chenal Circle, Little Rock $1,600,000 Debt **$1,437,762 Originated by Centennial Bank of Little Rock, held by Countrywide Home Loans, Calabasas, Calif. • 265 Salt Box, Watersound, Fla. $1,350,000 • Debt $855,642 • Originated by Centennial Bank, held by Taylor Bean & Whitaker Mortgage Corp. of Ocala, Fla. *See page 17 **Includes $250,000 owed to sellers Mark and Kim Brockinton, although actual debt was $331,000. A $245,000 loan from Centennial Bank secured by 43 Chenal Circle was not included with four loans under the heading “Notes Payable and Long-Term Debt.” Source: Exhibit entered in Aaron Jones’ criminal trial in U.S. District Court, September 2009 Jones Homes Sampler 5904 N. Country Club Blvd., Little Rock Total Living Area: 1,586 SF Bought for $168,000, Aug. 12, 2000 Sold for $198,000, Sept. 10, 2002
318 W. Cross St., Benton Total Living Area: 2,402 SF Bought for $50,000, March 19, 2003 Valued at $225,000, Dec. 31, 2007* Sold for $169,000, Sept. 24, 2010
43 Chenal Circle Total Living Area: 5,757 SF Bought for $1.6 million, May 5, 2005 Valued at $1.6 million, Dec. 31, 2007* Sold for $300,000, Feb. 27, 2009**
265 Salt Box Lane, Watersound, Fla. Total Living Area: 1,825 SF Bought for $1.2 million, Oct. 27, 2006 Valued at $1.3 million, Dec. 31, 2007* Sold for $646,000, March 15, 2010
*Statement of financial condition for Aaron and Abigail Jones **The home’s $1.2 million first mortgage held by Countrywide was paid off with a check issued by Standard Fire Insurance Co. of Hartford, Conn., on Dec. 18, 2008. Source: Public real estate records
