Evening Star Newspaper, March 31, 1923, Page 13

REAL ESTATE. THE EVENING STAR, WASHINGTON, D. ¢, SATURDAY, MARCH 31, 1923, REAL ESTATE, ashington’s Growth Reflected in Real Estate and Building News — — D.C.RE ALTY BOARDTO OPEN EXECUTIVE COMMITTEEMEN OF WASHINGTON REAL ESTATE BOARD., [ | THROUGH WHOSE EFFORTS THE BOARD WILL OPEN NEW OFFICES PRUIESTS DH.AYlNG HAI.I: M".”flN NEW = 0F U.. BULDING BUILOING APPROVED Fermal Program Planned for Removal ame V5 4 "1 ' |l Editor of Manufacturer’s $60,000 Public Garage at i { Record Wires President Op- | 900 Rhode Island Avenu posing Proposed Policy. | N. E. Among Projects. to Handsome Suite—Large Attend- ance of Realtors Expected. . i : : | E . 2 Vigorous protest - to President | Buildiug operations, to cost more Announcement of the establlshment]and misanderstandings aio fast als : % . . b s Harding against the recent action of | than half a milllon dollars, were of the Washinston Real Estate Board | TEPRLORE due {)‘;nl‘"gear?l;‘lm:"l‘::tgh?l £ il s s A k i : 5 cabinet members in postponing gov- | approved during the past week by in new offices, third floor of the recent- | familjar with the rules and procedure - o ; o ernment construction work until [ the fnunicipal bullding inspector. Iy-completed Boss & Phelps bullding, | outlined by the board and as a result : 4 A1 : % i ¥ building prices are lower has been The list of permits granted fol 1417 K street northwest, and of a formal | all are working on a uniform basis. | i i B i to: {hie @hteti exequlivaly 186 | 1owas ening Monday in celebration of the ,H:"(‘m’";‘dg‘a‘,}u'ehee:::filg’f“fln{‘vrg-‘ . editor of the Manufacturers’ Recerd. | W. C. and A Miller, to build vent, was made today by Charlés S.|ards, the local board has contributed v . The editor's telegram follows five houses, 105-115 19th street south- ireve, president of the board. substantial progress in the develop- | L e “Dispatches from Washington re- | cast; cost, $19,000 The new headquarters of the organi- ’JAZ”‘,,E;.’:‘,‘J estate education. During i T Y f " Y 7 I port that you and some members of | L. II. Weiss, to build, 6605 2d ition are arranged to accommodate Do L Basiconddetea { your cabinet areconstdering Dost- | street: cost, $5,000. an elemental 1 es! C S/ ] the executive offices of the board, and, | the auspices of the Jowal & o, oy | L3 d poning allsgovecnment construction || 0. Dallen, to byild, in addition, provide assembly rooms for | that has proven ben Z ke 5 ic s cost, $9,500. eficial in empha- | — work on the grounds that pricee are H t, $9.0 the various committees. g In. the minds of the younger | S 5 —— = = = = too high and that the government Gaskins, to buil Toutine Work Increases. generation the fundamental and basio . o 3 g & i will walt for Jower prices. I sincere- el b ol S ; 2 principles that underly | Comimittee. which is the governing body | practinest standards of cthics in | ¥ * - : " i , 4 - Refers to 1920 “Chaon.” 5 e o el of ths organization, has for some time ; i o : : ’ he breakdown of prices in 1426 | Gen. George Scrivener, to bufld. e e o col‘:\”aduu.x}?n to these educational | 3 3 ¥ the power b es rhmental infla. | 2241 Bancroft place: cost, $46,060. been consieHnEmoyinE Slovmiith e ior: ses, which are conducted in . : . : 1 chces and drastic deflation of bank- | C. H. Tompkins, to bulld public the” board was reorgantzed, —The In | ponnite classroom manner, the regu- : k 5 3 i . ; | ing credits fer that purpose brought | gara 900 Rhode Island avenue ard was reorganised, The In:|lar meetings of the board have al: | ; . : i chaos to the busijess inferests of | st; cost, $60.000 Crease in the routine work of the board | way i corlEs, of the board . & Country, drove 1 verty % B. Warren. to build ang the development ‘of its activities y resorved a portion | . . . . | the country. drove into poverty mil- "B Warren. to bufld e of the Ainracticd : » 2 i col Ry I nie . ST a0 A it upparent some months past that | Slon of some mupecs e U : . : P Bonimecs monn_ e eny lins of aotiys : doat, sisoap T street e et Ir:rnlt:-l‘dw?&v:hel:;git real estate practlce. law o ethic b L i £ 5 z : ity. The cry which then went forth . Kennedy, to repalr, 2809- ters, more in keeping These discussions have been of spe- . - % i 3 from the government and from -14th street; cost, $10,000 ) of xhelum-; oI ned, was | G181 benefit to the younger Then iin E ¥ < ¥ 2 b; rs that prices were too high | D. A. Baer, to build store and 7. &2 new location, he expl il the profession, as it has giv § : ” cas responsible for the discontinu- | apartment, 4430 Wisconsin avenue; -7 ced after a survey of the fast-de-|an gpportunity of gettis en) them . of bullding operations and for | cost, $10,000. - oping business and financial district | ox, ERATIRRILY Of f«l:‘!?x first-hand ¢ % 2 Y > 7 the destruct of prices of agricul- Penn Ofl Company, to bulld gas S -cent to 15th and K streets, and the | g7 CHAN0RS of the intricate problems : A | 4 ; 4/ 11 tural prod all ‘uniting to result | station, Florida avenue and Staples quarters were finally selected as| g jpél eState practice from the hands : 3 > i 4 : in throwing out of employment | street norcheast; cost $7,653. fg most sultable for the organtzation | ° (¢ MOre eXporienced realtors. g ol | " 3 { y 5,000,000 men *. M. Wallingsford, to build eight 1 at the same time convenient and | coming to th of the prestige that is 3 Rty 45 3 - k & Bl ‘Scarcely more than a year ago the 817-831 Quackenbos street; osaible to a large portion of the mem- | fomiiE 10 the board through its a rafiroads had _about 500,000 fdle . 3 ~hip. ro“u"” ; he X'Hh“(" in general is b Z freight can where cis , to build, 6331 16th In outllning the activities of the real | o VInE Whore familiar with real estaf G i were in desperats erty and hun- | s 20,000. estato board &ince it estublished perma- | (ranséctions and has a clearer under- | : : dueila o thous o iwereson | o and others, nent headquarters with a full-time | i 1HAINE Of Its rights. as well as lis % : . ’ the verge o nkruptey. The iron | 243 nnsylvahia avenu: SXecutive secretary a lttle less than | joHERLIONS in connection with dealing ? 3 tand steel output w, the lowest | Y. and A. N. T%0 years ago, Mr. Shreve satd that the | 13 eal estate. Through the operation . : bb in the history of the tountry in | 2803-2509 Woodiey road and 2800 2 zation had made rapid strides in | £ ® free service burcau the board 1t g : proporticn to capacity, all due 1o the | streets cost, $10.000. Goveloping _definite standurds of real | FoRAering to the publ e & i, kAo v p cce: R. H. Sanford, to build six_hou estate practices and inculcating in the | A ice of advice and in = - i Conditions Reversed. 511-819 Farragut street and 5001 9 ininds of both Ity members and the pub- | [ormation pertaining (o the vartous = | street; cost, $32.000 [lc_at large the serious Importance of | Plases of real estate. During the past [ARRI[S EWING PHOJ nder the advancing prices of the | W. Phillips, to build, 4201-4211 handling reaity transactions. | Ewo, Years the board has Constant last’ twelve months. brought atout | 39th street: cost. §45,000 ass| o - g e < argely by a change of pollcy in| W. < tn i 5-411 Membership in Board. | justing real estate transactions Top row. Jett to right—Churien S. Shreve, presidents 3. C. Weedon, Srot vice presidont; Clareses Dodge. sccond vice preatdents Joha A. Petty, poere- | 160ia] Foserve Mmanpgement and 1n | 390 cirocts Liber Lo, bulld, 4105-4111 . 53 has been ever ready to protect th.|tary nnd treasurer. Lower row, left to right—Jesse H. Hedges, Percy H. Russell, Thomas E. Jarrell and Morton J. Luchs, members of the executive | frecr banking credit, raliroads are | “C. L. Miller, to build. 1515 K; ; Tho board, through the development | public against dishomess or Jmproper | committee. in addition to above officers. now burdened with more trafiic than e g oy rrhey 0f @ spirit_of good fellowship and co- | dealin, Bk el low burdened with more traflic than | street northeast; cost. $4,000. A ’ goo wenip e | &S on the part of frresponsible they can carry and as against 500,000 |~ Emory Philli cering ration, has materially increased it8 |or unljcensed brokers. 131 frelght cara there Ta & shortage | , EmaLY 1 neering Helencs in carrying out its polics of | *"The officers of the Loard are Charles | [ The fronts will be designed individually. | 1 3760805 whIoh dntonhtar b of nearly 100,000 Stimulated by this fo dweling; Zuir dealing in real estate. S. Shreve, tdent; C. Weedon, | Construction will hexin next week and $70 000 P than $66 per sauare foot. This 1s | Ronderful change in thefr situation | ' OOE SXNUC € . president; J. C. Weedon, 5 er Y ear{ han $66 per square foot. This Is | Rendrliy chanke in (helr sHEALAD | 5. Leonard, to ; y y Membership in the board is divided | first vice president; Clarence Dodge. completion is expected in four months. probably 'wa high a remtal as is | the railfoads : een ordering | (B L0008, fo o a otives o : cos i to two groups: active and assocl- | vecond 2 = 5 e i v bro Eroups tacliverend dsntl e vice president, and John A. being paid anywhere in the world. | })j¢ last six or seven vears. The tron { - I« Flemer. to build house. & o 3 e : O l O E l In view of the fact that all of - jorisexcn yoars 0N | South Dakota avenue: cost. $5.500. ipnaeriixenl Hestars Mhroiers Sy | » company has acquired tho block | STUEY UNCEXAMPILE | Nanhattan island was once bought | inoniiech Morks of the country are | 80t Miilivan. to. buid anastment 1be to the gefintte rutes of ethics together with Jesse | by 2. 3d, Channing and Dou by the early Dutch settlers for the |and tals would te even greater but | 1318 35th street; cost, $28.00Q e e s ety es, Percy FL Russell, Thomas | ts northeast, in wddition to co . equivalent of about $24, it is inter- | for the inabillty to SccUre traANSPOT- | mm——mm “pted by the bourd. and the asso-|E Jarreil and : : urrounding © propart g entals ' «ine to rots that certain par i group whic divided Into | prize the executive committs will buil 3 is is ow comm rmers a ce o i z cctions 15 cd o In addition to the executive i p e L hEE e e to breathe a dithe. freety. s ths |Drices would cover the land with a i S employes mittee the appraisal commities Eactien dutiaciy Nothing is more interesting to | proximately tue re-hulf times | value of their products has been in- | Spon Of Poverts. s a t the jo: ed with the o s (of iact e elected annually by the membership. | ¥ conipleted in six_nonths. - altor than the remarkable the original pur price of all | creasing they have been paying off ,<r_.lm,,:pe‘m re; recond, allied businesses and | This committee makes ail the officiai A fifteen-home pr on sth strect, | aqyv F e i the fsland. | many ‘millions of indebtednessand |, Lt 18 to ‘the ricing prices of the s cofessious, fuch as bullders. bank- | appralsals of the board and is con- ibering 4701 to is under way. | Rl e A man in Detroit inherited an | BODe and optimism have been swewp- | b proSpcty (v S hcnimonts thay ers, architeety, title companies, bulld- | sidered of almost equal importance ive the dwellings have just been tate in almost all of our American improved 1ot near the heart of the |LAE -over the land as against the | il P C T Of e most. over B o s and taira | o e e nite| NOURGES Scope of Opera- |roors! n have been sold. They| and Canadian clti ry eity | clty, land and buildings being | Cohonk an priea mare ot Hased | night changed to Poverty by any - anciy stit H a 3 sonnel o e rals: ni ee | con! ooms and L 4 1 P v ! % a X el H 5 P e 4 i E z frinelal - insticu personnel of the appraisal committec ontain six rooms and bath, cement! jas fts own stories to toll on this | Worth approximately $40,000, not |ilow mrices 550,000 people were oup | tlon of your administration in seek- % front porches, cte. many years back. Today tnl = break ces The primary and fundamental|chairman; Ben T. Webster, Thomas ! subject and can cite with pride i G ;oroday tals prop- |of employment, ~while under higher|ing to break down prices by halting principle of the real estate board,|P. Bones, Arthur Carr, W llam J. tions for Present Year. Group of 100 Houses. | 1 15 ¢ SEsmeNts (oF pE2 B0 S vCer, | prices the demand for labor exceeds | Construction work and thus creating b 1 3 | striking tndicates of growth and e = hei eripp & spirlt of unrest and uncertainty Alr. Shreve stated, was the develop- | Flather, J. Dallas Grady and Theodore _— { _ The first of a group of 100 houses on | Two {11 N The value of busin property | the supply. throughout the land. . Tont of the real estate business to | M. Judd. i | Woodley - streat,” Woodley road and| Prosress. Two lllustrations ¢rom | -is dependent not only on growth & i ; plane of a profession and fn lts work | Home building operations involving a | Cathedral avenue, will be started by the | Lwo leading American cities re- | of population but also on the in- o0 more powerful influence could N e R fuenctul) Bresudn. @ F ourd o! 5 o ] 1y 2 B ntly hav, e nE - vou < business 1 i LC . b y t warl this goal the real estate boa {SEVERM. RES'DENCES financial outlay of $3,500,000 are|cCompany s y. They will runge in| cently have been cited which are America. 1t has been estimated |Pe Put into existence to change the 1 take the liberty, therefore, In be- | Petty, executive secretary and treas- Company Buys Block. Warns Against Delay. ® mewhat parallels the bar assocla- < | size fron X To a | 2 ST : o e midlor amoation | planned for 1923 by the Joseph Shapiro | 5125 from six rooms and one bath 10| of interest. that the volume of American busi- |Prosberity of the hour back fo the|BAIf_of fhe peorle ot the country, of t espective professions. | SOLD DURING WEEK |Comran ording to an announce- | and back porches and will embody new- The Fain Knitting Mills has a | ness grows approximately § per | JpVERIY Of (WO, Sears €0 TRAR B0 | jress the earnest hope that gh constructive organization, | Iment this week. provements. They will be , store thirty feet wide on ith ave- cent each year. It is r to ould stop construction work on the | Ministration will not give voice to v, investigation and co-operation | B ey | 0 & detached. Ses and ihitinve) 65t avep on sume, therefore, that business |ground that prices are too high,|2ny effort to stop conmstruction work Nationai Asso Real | 5 f property values in American cities “This would cause business men|on the part of the government by Sene fen | t houses are to b St comp ’'sing local | Several residentlal properties were |poyges, aiready is well under e if @ block | 424 street, New Yeork city, for | have not yet reached thelr high |everywhere to halt in their construc- |F€ason of the advance in pric i almost 500, Cimmunities, | Teported sold during the past week by4{ Tifteen houses will be erected on the | from Connectici enne. which it pays an annual rental of point and that there are still for- |tion activities. Once more millions building materials and of has made definite pros..ess in accom- | Maddux Marehall & Co. east side of 16th street, between Upshur | tunes to be made for the wise and |of men would be thrown out of em- | Which has_taken place the piisi the principled for which it | ar.s and Mrs. Lucius L. Hopwood, |and Varnum stre will be of | y=== - ar-se 5 vloyment, once more a breakdown of was organized Iz i o the def ed and sei ched type, | i S— T Washington weard has under-|U. S. A, sold to Bruce R. Campbell{ oniiining ten roon e baths, sleep- ‘5‘ tak and is carrying on locally the | the two-story brick residence at 4713 |ing and breakfast porches, built-ln ga- wo that is being fostered by the | Piney Branch road. rages for th rs and other features n al asesociation in the develop- Rudolph K. Gessner bought from D. 1 of the real estate business. The|C. Carter the house at 3214 Volta jgton board has adopted defi- | place northwest. 1.te rules of practice based on the| Alexander Britton sold to Dr. W. [ ] highest standards of ethics and fair | L. McFarland a dweling at 2117 Le DOWNTOWN dealing and has outlined methods of | Roy place northwest. Formerly With practice to govern the work of the A number of Jots in Battery Park individual embers. Disagreements ! were sold by the firm. BUSlNESS = E Thomas E. Jarrell Massachusetts P ROP Rl Y 5 . ! Wishes to onnounce that he is now Park | NEW affiliated with the ar UNDER LEASES Surrounded by Washington’s finest residential sectior Rent, 55,520 Containing seven million feet of forest-covered land, with six | (2 ) ojje miles of improved streets. Includes what remains of | Price $45 500 am l s ; “The Triangle of Increasing Values” i F’ . S: ® between Connecticut, Massachusetts and Cathedral avenues eet Front—2 Stores 2 (Woodley Rd.). Over four million feet of land sold. Over Geo. Y. Worthington & Son 1409 New York Ave. ninety homes from $15,000 to $200,000 built and under con- i o ol struction. Wooded villa sites, lots and central and side hall homes, with lots from 30 to 115 feet front—32d and Cathedral Ave. E Woodley Park Finished and under construction. Washington’s best located, attached and semi-detached homes. Exhibit, 2820 Connecticut Ave., adjacent to the bridge. Three baths, 2-car brick garages. Terms if desired: $2,000 Cash, $150 Monthly. Saving, $94. Lots 24 and 29 feet by 120. Middaugh & Shannon, Inc. Woodward Building, 15th and H Sts. LA LG i1 0 Business Properties Department e 5 L [ “DUNIGAN HOMES” T Planned and built by a, noted architect for his own home, this beautiful property at 2305 Massachusetts, Ave. N.W. o [ E m| s § FOR SALE Value - e RO Located in Washmgtons ultra fashranab]e o Honor ! Sheridan Circle neighborhood and surrounded for by scores of magnificent residences. Washington ; | S Open for Inspection . g Duyers . DAILY AND SUNDAY, 10 AM. TO 6 P.M. b FIRST FLOOR Large reception hall, lavoratory, large cloak room, library or tea room, living room, dining room, breakfast room, kitchen, two pantries and servants’ dining room. SECOND FLOOR Three master bedrooms and three baths, one servant’s bedroom and large living or reading room. / THIRD FLOOR Three bedrooms and one bath, large living or reading room, five servants’ rooms and one bath. BASEMENT Furnace room, laundry room and ample storage space. Exceptionally large closets on second -and third floors, and open fireplaces in practically all of the large rooms. TWO-CAR GARAGE X The existing first mortgage of $100,000, maturing in about five . vears, can be paid at the time of sale or may remain. WARDMAN Construction Company 3 Attractive Homes 16th STREET HEIGHTS 5322 Colorado Avenue N.W. o This attractive home, bullt by one of Washington's best autt 51 'ders; complete in every detall; especially decorated dining o artistic mantels over generous fireplaces; convenlent clésets; oy .ally large rooms; hardware harmonizing with special wood- i copper screens and weather stripping throughout; large T Ad Krast and sleeping porches, with 11 windows, each inclosed In B Lot 48. Overlooking sodded yards 220 feet deep. The house is 23 ===t wide, contains 4 bright bedrooms, 2 tile baths and incorporates sential ‘detalls of a custom-built home. It is one block from the ‘servoir and Rock Creek Park, Avenue on which it is located is SyCHF? feet wide and {mproved with handsome homes, which Insure he character of the nelghborhood. Immediate possession can be CHURvbtained, as owner is leaving the city. The property is reasonably BpAWgPriced. 1 I CLEVELAND PARK ' 3235 38th Street N.W. An exceptionally livable brick home in one of the best sections of Cleveland Park. The house {s semi-detached, contains 8 rooms, 2 baths, hot-water heat, electric lights, hardwood floors throughout, open fireplace and instantaneous hot-water heater. The house is about 28 feet wide and in perfect condition. The lot is 150 feet in depth and garage in the rear. Price, $14,750. MT. PLEASANT 3143 19th Street N.W. A well constructed brick home overlooking Rock Creek Park: 18 feet wide and 3 rooms deep; making each bedroom bright and spacious. It has a tile bath, hot-water heat and electric lights; double back porches, colonial front porch. The house is screened tkroughout and i{n perfect condition. Tile garage in rear of lot. Terms and price upon request. Inspection of Above Homes by Permit Only H. L. RUST COMPANY . Exclusive Agents Main 6888 912 15th St. N.W. Third St. (B sllur and Varnum) Six rooms with large brick pantry, hot-water heat, tiled bath, “natural wood” or “mahogany and white” finish, deep porches, front and rear; large lot, with brick garage on the rear, to wide alley. These homes contain everything that goes to make up a cozy, attractive and durable home. der s Price and Terms Reasonable Take “Soldiers’ Home” Car or “Grant Circle Bus” for Inspection Opened and Lighted Daily, Until 9 P.M. D. J. DUNIGAN Phone Main 1267 l‘”HH]HUIWUH”.J e ] ) . ’7n:or;ur4£¢d . 1y3o K Street N.W. Washington, D. C. AT 000