Evening Star Newspaper, December 31, 1921, Page 13

: \ REAL ESTATE. THE EVENING STAR, WASHINGTON, D. C, SATURDAY, DECMER 31, 1921. REAL ESTATE. ~ T’ NEW REAL ESTATE AND BUILDING| FIVE RESIDENCES soLD. | NEW 16TH STREET APARTMENT HOUSE. | WILL COST $300000. |PROSPEROUS NEW YEAR SEEN RECORD MADE IN DISTRICT IN 192 | e ™| IN D. C. REAL ESTATE CIRCLES Contract for the erection of a new Permits for Construction to Cost $23.- apartment bullding, eight stories 000.000 Issued During Year—2.500 Mrs. Stella McGehee purchased from nign, on 16tn stret becween X and L| [ncreased Building Activity Forecast. Buildings Erected. Willlam S. Phillips the three-story streets northwest, has been awarded to Parsons & Hymen by the projector, Real estate and building activity injof 14th and K streets, and numerous | brick house at 3457 Holmead place. the District of Columbia during 1921 |smaller buildings along 16th street and The house contains ten rooms, and B h tulieewii| General Resumption of Home Con- upper Connecticut avenue- and in Mount | has all modern improvements. cost $300,000, it is stated. set a record far surpassing previous|plegsant and Columbia Heights. It is| Mrs. Lottie B. Brockson purchased l Real Estate Dealer Reports Trans- actions for Week. Five resldence properties were gold this week through the office of Will- iam S. Phillips, as follows: Mrs. Laura Zevely purchased from Roy L. Newhauser premises 1810 Bel- mont place northwest. This is & four- story brick house with ten rooms and bath, having all modern improve- ments. The bullding which has been de- . . . o signed by Milburn, Heister o., s Pred d architects, fs scheduied for completion struction 1in dpring Predicted. by October 1, 1922. It will be a steel frameé, granite front, fireproof build- 2 % ing, with modern equipment, includ-| Indications point to even a greater to bring about a much more favorable ing Incinerators, refrigerating plant,|period of construction activity in|8olution of this problem than is now electric elevators and other features.|Washington during the coming year |Presented.” Flower boxes will be maintained in|than featured the closing twelve-| According to the chamber investigas vears' activities, according to figures | estimated that more than $5,000.000 was | from Mrs. Ida May Warren the six- the windows by the management. month period, according to predic-|tOrs. there are the usual scattered compiled from public records ;md‘:in\'e'stedhin spartménts nnd!hho(els here | room, I;xyrcll;‘who-lne at 444 Randolph G T tions from sources in touch with the ,"’;jf‘nl‘r";’[";l totany ’Se"]"‘*'n“li‘}em"'- S rini (helpasttwelve Tontha: eat. > = _ roes Labor, it is stated, is plentiful in some statements by local real estate men. 5 CHA tTen I Alaar's parchagea. feom) EXPORTS FALL OFF. e Sluation. o seal astate men|?ections scarce in Others The sty Figures in the office of the District New Homes for Clubs. Norma Cox a three-story brick house, { expect that there will be a general |{€F Of obtaining money for construc- building inspector show that during | Several clubs completed handsome |containing four three-room apart: . et Ui 5 omes for their organizations. The City | ments, at 3221 Hyatt place northwest. the year of 1821, just coming 0 2o pyile a home on G street, between | Dennis McCarthy purchased from close, permits for construction work | 3th and 14th streets, and the Racquet | Thomas L. Acton the six-room frame having an estimated value of more|Club erected an imposing structure on|house at 1223 Morse street northeast. than $23.000.000 were taken out byl6tl street, 1100 block. e were taken out ®Y] "According to municipal records, | local contractors and builders. When| morg than eighty-three stores. tweive |$160,000 1S INVOLVED it is considered that the initial esti-|orficc buildirgs,” two theaters, two mato of cost made in applying for a|churches. a chapel, a monastery and IN REALTY TRANSFERS s fies & number of manufacturing an - permit more often than not turns out | { BENET o Fa e o : mot In- to be lower than the actual completed! cluding 5,268 garages. i cost of construction, due to unfore-| = One of the important operations in |Several Washington Residences seen circumstances which arise, it is| the heart of the downtown section Reported Sold D cvident that the building lns;ivn‘(ors{;‘ld: the new § "; gl ‘x"" ;‘"“ *‘: P 0] uring records do not adequately represent|TiLth street. mear Pennsylvania avenue Past Week the to nount of mone. sted | The nine _dadition. withefthe s in building here the past year. | "ewumbe‘lf"l')‘l’;'"'::’i:;‘;\‘o‘:,wn';‘ Property sales aggregating in aMhe combination of transportation| rEeY REWIEREL BANE U T the |amount of money invested about CIETELETRATLCD LA news. business and mechanical de- |$160,000 were closed this week by the sulted in-much hi building costs | hartments, i"‘:,‘fl{‘;:,’“;;‘::’: ?:"“;;‘o"x;:“‘; office of Hedges & Middleton. than original estimates cailed for, ac-j ot The vacated ofices In the main | “some of tne sales follow: A ot invested moneys It 4 estis | e purposes. © of the vari. | O1S Of the mew houses bullt by E este ney. it is Vith the carrying out of the vari- |, 5 i Ilu‘ 0 I‘h”“-lll 'l' t ml:r-- ll;un $ I‘JU\; .\l\NI lranspi(«-d several large property sales 29 purchased by iGalvin UHL Davis; of investars money went into con-jand many completed buildings also |who will occupy it as his home. e e te Wature in|changed hands. ~Felix Lake, local in-1 A seven-room and bath house, with s vestor, acquired several large apart-|,11 modern improvements. at 3811 5th . s tion is said to be the most difficult resumption of home building during = the comipg spring in the District of |Proplem of all It ts mot that money Columbj, with a likelihood that great |5 (0" O S pTics me Sien Month of October. strides/forward in relieving the hous- | ', 1 hard to get. particularly in the Exports of foodstuffs from the{ing shbrtage will mark the year. ?rg;s‘icr;l:‘:;:‘P:e’;eflif:?nn:fleo]:l};: ffi‘x':; United States during October show a Inproved Conditions Expected. like Washington. There are a number falling oft which can be accounted for| With prospects of more favorable|2f COMMmENts by observers which are very largely by the fact that the do-|conditions. from a labor, material and | “CS UP I Lwe simple statements, mestic market has withstood the re- fe':.“:"fl.“el ;;f;d;:;rr"-,:hg; e e as |get” At the same time there scems to cent world price decline better than | tion that construction work of every | e’ Feneral trend toward the solv- most of the competing countries that|cnaracter will proceed uninterrupted-| = °f (1% probiem. export foodstuffs to Kurope, accord- |y quring 192 ing to the Department ot Commerce. | “puilders in 1921 faced a tight money St A 0 o In wheat the United States has ex-|market a labor shortage, transpor-| The chamber experts explain, that ported. from July 1, 1921, to December | a1jon difficulties and comparatively | When construction gets under way 1, 1921, 181.000,000 bushels, compared | pich material prices. Today inves.|it Will apparently comprehend a great with 176,000.000 bushels for the sameiyory are favoring the real estate and|many dwelling houses in its purpose period last year. building field to an appreciable ex-|and intent; this because of the su- Ia meats there is a similar situation. | (oo R T 40 o S Caim- | preme mecessity of more adcquate Declining_exports may be ascribed to| iy, S0V A0 RO EUAE (OO0 G | housing almost everywhere. There the fact that our domestic prices have | it (8 ¥ PR JERe CRIPRCETeS 00 1 also be a large number of edu- stood up better in the world market|g ,ined 10 a point where ,,,m?,.m.“,m cational buildings, schools and ad- g -fi,‘"‘l’é Fewer Foodstuffs Shipped During INEAY pat than prices in competing countries: | SronPef t0 @ point e ' ditions to colleges and universities. R e ger being pW posely | WODS to colleges and o Recent low prices, said ‘the depart | 3955 1%, 010, [2RELE, DU, B BOSEIY | The numerous “drives” for funds out- ment, are not so’ much the actual {5y side of ington. appeals to Con- oversupply of agricultural products)!®@spetted o o0 ere, for_all sorts of institu- as the result of the forced lquldation | ispiteq States” Chamber of Commerce | coming. vear. 1t 1a - helioen 1t 15 throughout the surp o8 Do e |5 points out that three factors enter|siateq that there will be a large nums reions and very cautious buying in j,rgely into the problem of building!her of businees buildings o good regions, due to depreciation of Euro-|fTESlY info the problem of building siness b & the Distric X a during 1921 Guine Ll : 5 5 4 f them in the shape of altera- S.000 Permits Insued. {ments. including the Chastieton, the |street northwest was purchased from pean exchange. of material, the price of labor and|(jons and enlargemente. @ Ty the records in the District: ton -rra‘filrmrtr;mdn(l»; and oth- |Lawrence A. Pyle by Carlton F. the question of obtaining funds for| In summingz the prospects for the building on which this opinion is e T NS Ot Howell. ¥ STABILIZES WITH SURPLUS. |construction. new year, A. W. Douglas, chairman of based do not include any public im- Real Estate Board Success. A local investor purchased from 3 the committes on statistics and rs- More/Hassrubleticen standurds of the Chamber of Com- Architeet’s drawing of the mew apartment building, to bé erectea on |Rocbuck & Co. report the sale to| “Prices of materlal on the whole,imerc: & 2 i are much the more favorable of the 16th street between K and L streets for Frank P. Milburn, to cost $300,000. ; Julius {{Uff'r'":-::{‘(léxfr;ildfigl (“;{ic;:;fil(h"‘“ factors.” the bulletin states. “It CHICAGO. December 31 provements. such as fediral build-| Not ony have realtors prospered by | William F. Kraft premises 2439 18th g8, se park extensions, etc.,|the activities of the year, but they |Street. ved th many have benefited professionally and fra- | Leonor Reed purchased from L. should be added to ! ternally through the reorganization|P. Handy premises 2608 Cathedral on behalf of his associates, things tend to hasten the re=- the figure set forth in order o COVer | of the Washington Real Estate Board, |avenue northwest. This is a colonial- Teal extate for $16.000,000, and the |18 only here and there that there is{turn of better times than the the entire construction field in Wash- ' which took place early in the year |style house with nine rooms and two for u consideration of $350,000, and is|gift of 50,000 shares of stock from |4N¥ abparent difficulty in this respect. v. Thinzs used in the ington. ! Selecting John A. Petty as executive {baths and all modern improvements. spending $125.000 on improvements.|Mr. Rosenwald thus permitting the The matter of too high priced labor g of dwelling houses call upon A total of about 8,000 building per-| secretary, the board established per- |Mrs. Reed will occupy the property. The new official residence will be oc.company “to go through this period {398 not stack up so well as that of | practically all the industries of the mits were issued by Inspector He: manent headquarters in the Inter- Premises 3207 38th street s sold cupled about February 1. of readjustment with its capitgl un-|Material. but running through the rs'v’ for their products. A gen- and his force during the vear for!state building. on F street; organized |by Commander William S. to} oy Ay toan government | impaired and with & small surplus |POFts there is a general belief that|eral and far-reaching construction new truction and for repairs and | committees, inaugurated semi-month- | Elizabeth K. McMaster. Thi aj gives up possession of the old prop-|Mr. Rosenwald already has made the |0l only arc matters improving injprogram in this country during 1922 remodeling pro s. The total co: 1y luncheor and carried out suc- |semi-detached brick house erty on | street, the building will be|frst payme per cent of the |this direction. but when springtime isx the best possible harbinger of a of 3 building enterprises | cessfully two housing tasks for the |rooms and bath and a built-in garage. remodeled to become the new home |real estate in cash and liberty bonds. {Comes the long period of probable|return to more prosperous condis than $18.000,000. United States government. Much of { A local investor purchased property of the Lawyers' Title and Guaranty His gift of 50,000 shares of stock. idleness of labor will naturally tend' tion buildings of Va-|the credit for the progress made by |at 2821 1ith street northwest from Company. The consideration paid by {having a par value of $5.000,000, was Tious types wer “d during the | the board is given by members to|Rev. Michael Gallagher. It will be Mr. Smith was around $130,000, it is|on condition that these shares be not 100 structures ) Mr. Petty, who first worked out a|held for investment purposes. announced. 1sold for less than par, and that he BUYS ROCKVILLE pIKE ESTATE being dwellings costing approxi- | definite plan for the reorganization. | Gertrude I. and Emma A. Millard| Ibe given the option. for a period of mately §$10,000,00 King as a| Phe housing services which the board [ purchased a new home at 1464 Spring = i Internntional Questions Arine. thr vears, to purchase them from is one family for eich home com-|'was called on to perform were in|place from Winfield Preston. Longtime Home of Mexican | ., comsination den of selling they the Pl Sl R pleted. it is estimated that 2.400-fam- | connection with the influx of persons| Premises 1343 Parkwood place Mexican government the MacVeagh : ilies were housed in new Dbuildings.| aitending the conference on limita- |northwest was as ¢ Williz ioi i p L e 3 : Al ! . purchused by William home and the sale of the old embas £ Tetiey Rortage O Tvini auir: | Hon of aimament A ¢ special wioi: | Cenveroca fram”Ereonrac s Ve | Officials to Be Occupied by |bome and the sale of the ol embassy| g g NCE ORDERS LUMBER. - : ters in Washington to that extent. | ors at the Armistice day ceremonies. six-room modern house of t due to the international complici-| PORTLAND, O R ; A majority of the dwellings were | percy H, Russell headed the com: |the colonial style. It will be occupied Title Company. | tions to be overcome. Appropriati RILAND $.Ore [ December i = of the row, or attach and | mittee which had charge of the hous- |by the purchaser. had 1o be put through the Mesidn|Lumberman here are elated over a = were erected in the nc sec- | ing_arrangements. James S. Jud cha : - = 3 s S. ge purchased prem e of the old Mexican embas: tion of the city, particulurly in the| Harry L. Rust was succeeded re- 13935 Morrison street. Che ¥ Chase. | ikl el territory Iving’ from the Soldiers'| cently as president of the board by |Thix is a detached house situated on | 1413 [ street northwest, to Euger Home grounds west Rock Creek | Harry K. Boss. Mr. Petty is mapping a lot 100x130 feet. It contains eleven | Smith. president of the Lawyers’ Title at|senate and other governmental chan-|telegram from Chicago announcing A.|nels. Special powers of attorney had)that Edward Hines had a tentative to be obtained from proper sources in|order from the French government Washington in order to make good |for 240.000.000 feet of low-grade lum- s3EasE ‘l!'u‘rk. r"'"-IL :f\"_‘r“~\mtl"‘ n‘;w 'l'l"‘_'r""f’f out plans which should make the|rooms, three baths and has a garage | and nty Company, for use as!the title of an unre ized nation,|ber for reconstruction purposes in | he larger opera 0 »| Washington board a leading spirit|for two cars. The house is of hollow- o company., was|and these special papers had to be:devastated France. Deliveries are 10 howev . that projected by ! 3 0 N i N 2 = the new home of the company, was ): 2 in the vicinity of il the annual convention of the Na-|(ile construction. L b by ican consuls and|be spread over three years. The co tional Association of Real Estate| (. W. Johnstone purchased from C.|announced today. The deal, whichj 000 b, State Department of | tract will be signed en nnanc ant streets northeast | Boards next June in San Francisco. S e ias 3 n S . MacPherson a_detached house at Where seventy-two dwellings were | 1t is expected that 100 realtors and | Aurora Heigh & o put up. Z Daley of Mc-|the United & :d a few days arrangements are completed. A larg, 4 of this order will be filled b !umber producers of Oregon and REALTY FIRM MOVES. Washington. Deliveries wouid be e made by French steamships using the Panama canal route. arranged by . Va. Mr. Johnstane| o yer & Goss, was o their wives will attend the conven- [will occupy (he same as his home, | Keever & Goss. was clos any Fine Residences. tion. Aileen M. Callaghan sold to a local | ago. when the title, which had been Many _indi erected fine resi-| T“g '““d’" _chuns:g infitne b"a'xd was linvestor premises 914 New York ave- |held for forty vears by the Mexican dences here during the vear, among | the broadening of the organization|nye northwest. There is a store on| . . . ¢ > Mr. smith. | them Irvin Laughlin, Pittsburgh steei | into a civic body and the adoption |the first floor and several apartments | 80Yernment, b 9L oNE ot by the|@ T- Smallwood Now Located at magnate, who built a half-million-dol- | Of & policy of giving publicity to all | apove. This property had been used .',) Jar home at 1628 Crescent place, near Proceedings. Mexican go\‘prn;m-l'll as lts embasy 1022 Vermont Avenue N. W. STEEL STOCK TO EMPLOYES. o Gth a a -hancery. It has bee 2 s i = 9 e o = = ‘\I;;vagfiirs';‘ uemllgrsz:':‘ :;fl:m“fi‘; HUGE TIMBER DEVELOPMENT. .:;‘“‘m‘u:‘il‘] interest in the city during <Rfl“0\=l of the offices of Graeme T.| NEW YORK, December 31.—Elbert Jurse Breckinriaze Lons home. at the| CLAIMS $10,480.24 DUE. ATLANTA. December 31—Develop. | FECent Years, when atfons be-|Smallwood, local realtor, from 14th |H. Gary, chairman of the United States s st co 6th strect ard Park I'tween the United and eS| street to 1022 Vermont avenue was |Steel Corporation, has announced that e s oo Eatkitag ment of a 30.000-acre timber tract inj; o geveral times somewhat| fr ed this week. The new head. | In accordance with the stock subscrip- ad, £ H. D. Watts Company Sues T. T. | McIntosh county is expected to get| (05, 0q - The new head- | MCPTEIEC ¥ some vears ago, the \tion purposes on the N Intomh ; y shortly, following sale of e l:rgflk;rl‘\;k: Ansberry on Contract. the tract to Richmond, Va., interests. | e S dihes netones Mex vl t erecting i3 i Abproximately $300.000 was paid for| 1In keeping with other nations, Mex«| T SrECTER 2 Gof ViCho0F new fa- | Ing the month o January nect, for orEie QL3 setts avenue [ Timothy T. Ansberry is named as|iyo’property, which is near Townsend, |ico has recentl i‘“"."“‘“"(",-w‘;}’r:‘:“f('fh»inm—s for handling the busine. | 100,000 shares of common stock af $84. r 4th street, and a group | defendant. in a suit to recover $10,-|Ga.. at which point activities will ba! the same real extate firm, totaling $180.000 were an-{In 1921 the subscription price was $51, New Home. tquarters of the firm provide for the {corporation had decided to offer its em- Purehases enlargement of the various depart- | ployes the privilege of subscribing, dur- sam lie pike, hax been purchaxed from Harry V. Bou % Gne e s S | 480.34, filed in the District Supreme|centered. lin MacVeagh homé, on 16th street, by the firm today. against $106 in 1920 and $92 in 1919, derstood about ¥65000 changed hands in the % colony of per-|Court by the H. D. Watts Company, = — — = J Flynn arranged the sale. . including H. L. Rust, jr.. and other | contracting corporation. The com- bus S men .A[)Zu'l;ll?ll‘ d‘ nd | pany s‘lyi‘ {!glt;n!ered into a contract hotel construction has gone forward at | August 11, 1919, with Mr. Ansberry to e omaal raten total of about twenty | erect for him & BUIlINg af Vermont FOR SALE fipartment buildings and several lotels | avenue and L street northwest for Teing started or completed. Among these | $300,000, but he made changes which ware the addition to the Chastleton, at | ran up the cost, and_there remains a| APARTME Jith and R streets; the Lee house. at|difference in favor of the company of 15th and L streets northwest; the New | $10,480.34. Attorneys Minor, Gatley Hamilton Hotel, at the northegst corner | & Rowland appear for the company. ‘OUR SUCCESS Is the result of your confidence. We have . 1620 WEBSTER Will Be Open Sunday and Monday From 1 to 5 PM. $500,000 Rents, $75,000 7-story fireproof construc- tion, containing 70 apart- ments. Ideal location. Very Reasonable Terms Rents, $36,000 had it in a large measure this year. This building is one of the best in the city. having 58 apts, 2 to 6 rooms and 2 baths. Building entirely de- tached, making all rooms light and bright. One of Those Beautiful Kansas Avenue Homes i’ou Must Act Quick 10 Sold in Last 15 Days Inspect at Once - 3801 to 3831 Kansas Ave. N.W. —between ‘Quincy and Randolph Sts. Only 1% squares from 14th St. car line. May we have its continuance? We extend to all our very best wishes $80,000 Rents Over $12,000 Best buy in small apart- ment; 4 stories, 28 apts. of 2, 3 and 4 rooms each. Investigate at Once for a Happy and Prosperous New Year. N. L. SANSBURY CO., Inc. 1418 Eye Street N.W. $82,500 Rents, $11,000 Easy Terms 16 apts., conveniently lo- cated near car line in central northwest section. - $32,500 Rents About $4,200 Situated on 14th St. hav- ing a frontage of 40 ft. Con- tains 6 apts. of § and 6 rooms each. $72,500 Rents About $10,000 4-story building, detached, 16 apts. 4 and 5 rooms each. Small cash payment. 6 and 8 large rooms; attic; h.-w. h.; electric _light; lots of closet space; double rear porches; wide cement front porch; built-in ga- rage with each house. In a most exclusive location. For Sale by THOS. A. JAMESON OWNER AND BUILDER “Exceptional Homes” Possessing the Charm of “SPACIOUS ROOMS” “CAREFUL PLANNING” “LIFETIME CONSTRUCTION” “IDEAL LOCATION” Be Sure to See Them REAL ESTATE LANHAM & HILL INSURANCE 1400 H Street Main 366 EXTRAORDINARY VALUE HOME BUYERS Do Not Fail to Inspect znas | 1708 Kenyon St. | caree High-Class Neighborhood—Wonderfully Complete Best Value in Washington at 313,750 Easy Terms This house must be seen to be-appreciated. ~ 906 N. Y. Ave. N.W. Main 5526 After 5 P.M,, Lincoln 6146-W START THE YEAR RIGHT OWN YOUR HOME FOURNEW COLONIAL HOMES INSPECT TODAY Price Just Off 16th Street F you are interested in a splendid home that will give good value for the money, see this house Sunday and Monday. Our representative will be there to show you through. : It is a practically new home and is in splendid condition throughout. It has-ten rooms.and two baths, including a marble shower. The electrical fixtures are dainty and artistic and the interior finish is in keeping with the best homes in the city. : yThis home contains a built-in, heated garage, and the large yard is shaded by splendid trees. The neighborhood is one of the best in the city. The price is reasonable, and terms can be arranged for the Undoubtedly the roomiest 6-room Home in the city Price, $10.750—Easy Terms - Sample home 3316 19th St. N.W,, just north of 19th and Take 14th Street cars to Spring Road and Walk, east one square or phone us for auto. TO lNSPECl'—-Tafke Mt. Pleasant car to Kenyon street mfi“" overlooking Rock Creek Park—Washington's purchaser. ; A B k -hal g k, $1,000 CASH—_BALANCE, $75.00 MONTHLY [f "' ™" "% CHAS. D. SAGER . .MCKEEVER = GOSQ....; - INGLODING AL BTEREST FOR SALE BY ANY BROKER s ks s yreies 923 15th St. N. Héadquarters. for New Homes Members of the Washington Real Estate Board - 1405 Eye St. Main 4752 H. A. THRIFT, Owner and Builder Union Trust Bldg. Main 768 H. R. HOWENSTEIN CO. 1314 F STREET NORTHWEST