Evening Star Newspaper, April 4, 1925, Page 20

REAL ESTATE. BUILDING PERMITS AGAINOVER MILLION $1,150,150 in New Work Given 0. K. as Boom Con- tinues Unabated. Washington maintaining the rapid pace in construction that has brought to the local building industry the greatest boom in its history Every ecek, with the exception of one, since January 1 construction has passed the million mark This week the total value of building authorized surpasses last k by many thou- sands of dollars, with a total of $1.150,150. Fifty permits over $1,000 were granted by the office of the building inspector during the last seven days. This is six more than the preceding week The outstanding projects authorized | this week are a $350,000 office build- ing at Seventeenth and I streets to be erected by Harry Wardman and| 0,000 apartment house at 1508 recticut avenue to be built by T N. Ray The permits granted include: J. W.| y 2138/ Thirty-second | Huddleson, to Cleveland avenue; $18,000. Leon, to Tepair, 1 U : $1,000, Dennison, to build, 2t northwest; $ Hysong, to repair, N. Ray, to build apartment, 5 Connecticut avenue: $150,000 L. Reed, build, Douglas street northe E. A. Hooper, to build, I D streets northeast; $30,000. well, to Ruild, 2018 Georgia : $2.800 Barrell, 2,000 Jorss, to build, 2614 Thirty- street northwest; $15,000. H. R. King. to build, 516 Eighteenth $10,000. to build, ghth and to build, 3148 M 471 B street 10- houses, s $50,- M. Ward, to lor place; $35.000. John T. Barrett houses, 2010-26 Third east; $50,000, S.'J. Webster, to build, 3334 Fifth street southeast; $6.000. J. Milker, to build, 1021 S street southeast; $3,500. T. A. Jam. m, to build six houses, 720-30 D street southeast; $30,000. Preston Wire, to build five houses, 5924- -36-40 Third street northwest; $30,000. W. F Morse, to build store, eenth street northwest; $1 M. Candless, to build, $4.500. W. ¢ stores, $23,000. Clark & Johnson, to build, 404 to 414 Sixteenth street southeast; J. Martin, to build, 707-27 Kennddy street northwest, garages; $1.100. Anton Koeber, to build, 141 street southeast; $35,000. B.* D. Friedman, to build, street northwest; $1,000. A. T. Ridell, to build, fifth street northeast; $3,500 N. Donovan to build. Forty-ninth street northwest Sullivan, to build, 2 treet northwest; $1,000. Dulin, to build, 1824 Swann 6,500 bu 9 May- nine, north- to build street 726 000. 3265 N N. Miller, to build two Forty-fourth street; 500 E 303 Twenty- 4440 $5,000. ne- E. M Dulin, to build, 2114-14A-16 Ward place; $8,500. Roy J. Deferarri, 1303 street northeast; $14,000. Capitol View Realty Co. to build, B4 Fifty-third place northeast; $2,300. Capitol View Realty Co., to build, 55 Fifty-third place northeast; $2,300. Isaac Tepper, to build, 1346 Girard street northeast; $4,800. Quincy | Brand-New Apartment Ready for Occupancy REASONABLE RENT R Por sou A teen 1025 Park Road N.W. TWO LEFT Desirable Apartments, containing 3 rooms, kitchen and bath, some with porches. All bright roems. Reasonable rent. Open for Inspection B. F. SAUL CO. 925 15th St. N.W. Main 2100 Built-In Murphy Beds —are an additional feature that is help- ing to popularize the new 1616 16th St. Apartments Also Electric Refrigeration Soundproof Floors Radio Attachments Showers in Baths Central Incinerator Oil Heating Plant 24-hour Service Open Sunday Manager on Premises L. S. FRISTOE RENTAL AGENT 1013 15th St. M. 3512 e T Tl Wardm, Seventeenth W road northw National C THE to .000 n Construction Co., Seven- 1 streets, office building; build, 813211 venue; $12,000. ational Construction Co., obert Monro tefr street; $ $12,000. Svans. at 1419-31 | ond street: northeast;| Carrie e | Geranium street; $7,500. onl W. E. Fowler, to build, enth street; $6,000. . & A. N. Miller, Lowell street northwest; W. C. & A. N. Miller, street northwest; $7,000. | Ww.C & AN | sixth street northwest | | Small Virginia . B aven build, Pennsyl- $7.000. to build, theast; $3,000. D. Brown, to build, nth street northwest; D. Brown. to bu 2225 R street W. C. & A. N. Mil sixth strect; $7,000. W. C. & A. N. Miller, 453 street northwest, illiam B , to build, 5 : $11,000. Reno $8,950 Up 5th and Webster Streets N.W. Only 50 Feet From GRANT CIRCLE PETWORTH Only 3 Left Remember the Price and Location Don’t Delay Open Until o S take Washington iwap:u 1ransit Co. Safety Bus to Illinois Ave. and Webster St., and get off at houses, or “Soldiers’ Home” car to New Hampshire Ave. and Upshur St., and walk around Grant Circle to houses. D. J. DUNIGAN, Inc. 1319 New York Ave. M. 1267 R MOORE & HILL, Incorporated 2 730 17th Streect N.W. Member Washington Real Estate Board MOUNT PLEASANT SAUL’S ADDITION $13,500 $13,000 : A most attractive, two- L This besutitel moters home sx lor i EOLATIC, oty e 2t cafeq mear 18th and Park rd.. in the SOz gctin SR EIn, (uSery deslr most attractive part of the Mt. Fleas nd on & street built up entirely with ant sectlon. and s priced at @ figure i g P catlcaly ity that is most reasonable. s u two- hoates. story brick with a very wide front- ce hall, living room, dining age, and contains 8 large rooms and Dbath, b.w.h.. electric lights, and all modern conveniences. Tt is in excellent condition. = Owner will give immediate possession and make very reasomable terms. CHEVY CHASE $16,500 An vousual bargain in a very at tractive detached Chevy O home, nicely located west of Conn. ave. on & prominent street. It has large Foom, dining room, pntry and on the first floor, five bedrooms i the second floor fol large bedrooms and tiled bath, zarage. terms. COLUMBIA HEIGHTS $12,500 A modern three-story bay-window brick dwelling located midway the 11tn and 14th street car lines, on one of the principal streets of Columbia Heights. This property contains 9 rooms, ali large, tiled bath, h.w.h., electrie i and & very large Iot to'a paved alle; It is & most complete home in every sense, and has been kept in absolntely perfect condition. Owner will give im- mediate possession. NEAR GEORGETOWN COLLEGE $1,600 A semidetached frame house, with 2 good lot renting for $15 a month. NEAR 16th & Q STS $3,200 This is & good frame house, with 6 rooms and a lot 20% feet front by 95 feet to an alley. With a little al- teration could be made into a very comfortable home. bouse. 1t 18 superbly built, has all the latest improvements including a built- in gerage. It has a lot 75 feet front With ar, abundance of large shade freen. “Ihin s one of the most rea ably priced Chery Chase homes o N ariet, ‘and an be purchased on attractive terms, and immediate Pos session given. CLEVELAND PARK $12,000 A thoroughly modern detached bome in Cleveland Park et this price is tomething out of the ordinary, and we believe this property to the very best obtainable in this most desirable Ruburb at this low fgure. It has 6 Jarge rooms and tiled bath, h.w.h., leciric Tights, » vers good T ‘excellent condition. Can be pur- chased on reasonable terms. 3011 AND 3015 ALBEMARLE STREET Open Sunday Afternoon for Inspection o invite your inspection of these very besutiful detached homes. They are of Drick construction. two stories and Attic, and have liviag room, dini o e pantry with epamel sink and bullt-in refrigerator, and & very'la g DRt Mror: ‘the second has four beautiful bedrooms. and two tiied ba B e it ‘shower) &ud & completely fnished servazt's room on the third foor. T TS T NI S e B riveway Jeading to the garage. s of the t B & e Chncst of materials ‘and workmanship having been used of the city’s suburban area Saly T2 minotes by aulo fo the center of the city, ad only nehalf A squs =4 ‘avenue car live. Lo e O pect. fake Gonnecticct avenne cars to Albemarle street, the first stop north of the Bureau of Standards, and walk half & square east on Albemarle, MOORE & HILL, Incorporated 730 17th Street N.W. Main 1174 e an iy the very Poilder. The location is ene of the most charmin 123 EVENING Monroe and 3434 South Dakota to build, 2121 Monroe street, 3434 Twenty-sec- 4 211 to build, 4547 4541 Lowell Forty- Forty- 40 Lowell 4430 Lowell street, astruction Co., to build, [2913-19 Forty-fourth street; $30,500. [ale——xzlol———|o|c———]o|——a] Ac———|o[c——|o|c—=|e|c—=3|ob[c———|a[c———|o]c——X] STAR, WASHINGTON, D. C., SATURDAY, APRIL 4 CAUTION URGED ON HOME BUYER OF DISTRICT ON DEBT ASSUMED Two and Half Times Amount of Income Safe Price to Pay in Opinion of Economic Association Providing a home for a family of five in the District Is occupying the attention of the Home Economlcs As- soclation of the District at this time. ‘The association has assumed a family consisting of husband and wife, boy of 11, girl of 5 and boy of 2. In ‘a booklet, “How to Own Your Home,” by Dr. John M. Gries, chief of the Division of Building and Hous- Ing of the Department of Commerce, and his assistant, James N. Taylor, the authors point out that it is a mis- take to buy beyond one’s ability to pay, for that usually results in the loss of the home or in a most dis- couraging struggle “The man who has enough to pay in full for a home,” says the booklet, “has no worries about financing. Most people, however, can pay only part of the price in cash and are obliged to borrow the rest. Usually it is desir- able for them to possess, free from obligation, at least one-fifth, or 20 per cent, of the value of the house and lot in cash.” Cnution in Assuming Debt. It is pointed out that home builders cannot safely and easily manage the financing of a home that costs more than two and one-half times the fam- ily annual income. The amount that can be paid for a house depends partly on what interest rates are charged for the money borrowed to make the pur- chase and the rate at which the princ! pal is to be pald off. These fixed pay ments must be met regularly must be met from the famil It is, therefore, always best to leave some margin of safety to provide for illness or other emergency. It has been found that it is sometimes easler to manage the financing of a house where arrangement and equip- First street morth of Bradley Lame and the Chevy Chase Golf Club. House about 300 feet west of the avenue. ment are of a higher order, and conse- quently added cost, than one conform- ing only te present-day requls Thus more modern lighting arrange- ment may add to the value of the house six years hence, and be con- N.W. A Semi-Detached Brick Home Open for Inspection All Day Sunday 12 Rooms, 2 Baths (8 Bedrooms) Hot-water Heat, Electric Lights Automatic Hot-water Heater Large Pantry and Closets Laundry Tubs Screens for Entire House Front and Side.Porches Double Back Porches Brick Garage for 2 Ca 60-gallon Gasoline Tank Price, $25,000 Terms J. Dallas Grady 904 14th St. N.W. * Main 6181 = B | 330000 AVCATELFRREERCL 100 0RFOERRSTVCOTELENSC: YO0 DARD O TRDGEETAEE L RH VOO TERRRETR e R See Them Sunday Open for Inspection If you would see this attrac- tive new brick home you would 8 beautiful, bright and baths, buy it. cheerful rooms, 2 tile double sleeping porches, floored attic, slate roof and modern in all details. Double brick garage. An inspection convince you that this is one of the constructed best bargains in Chevy Chase will best and We are going to sell this new Dutch Colonial, ideally lo- cated just off Con- necticut Ave., for $15,500 Center hall—6 well arranged rooms, 2 baths, beautifully fin- ished and modern in all improve- ments, garage. Louis P. Shoemaker 1407 New York Ave. N.W. Main 1166 gt e TRV TRV v Fs TR ETTTETTOONE oo T TTRTTTTTUTNIITY A REAL BUNGALOW 1‘" an ONLY 1412 Eye St. N.W. Located directly between the two Country Clubs, one and one-half squares west of Conn. Ave., this true California bungalow represents a remarkable value. was individually built by a contractor for his home, using only the best material throughout. living room, open fireplace, and casement windows, well lighted dining room, complete oak built-in buffet and china closet combined, mission finish, pantry, kitchen, two good size bedrooms, and tile bath, oak floors, elec. lights and a built-in fireproof garage. The grounds are improved with fve fruit trees, grape arbor, 15 rosebushes and other flowers WON'T LAST LONG $10,750 =zasr rzzus Open Sunday After 10 A.M. Hedges & Middleton, Inc. REALTORS 107 West Woodbine St. Chevy Chase, Md. It Attractive h-wh, Franklin 9503 1925, sidered the basis for a larger first trust than a house containing the bare re- quirements. A bullt-in bath tub may :n.w-, some bearing on this matter, and 0 on. Arranging Loan Terms. According to the figures obtained by the Economic Assoclation for a house costing $7,150, on which an initial pay- ment of $700 is made, a first mortgage of $4,000 may be taken. An Interest charge of 6 per cent, or $20 a month, Is made upon this loan, which may be refinanced at three-year intervals, re- quiring_an average payment of $40 a year. The second mortgage of $2,450 must be paid off in six years, which requires $408 a year, or $31 a month. REAL ESTATE An average of $6 a month, or $72 a year, is paid in interest on the second mortgage. This makes the total for payments on the second mortgage and interest on both amount to $60 a month. In addition to these expenses family should carry some insurance. premium of $92 a year would secure a 10-year term policy of about $6,000, or an ordingry. life policy of about $4,000. This would make the total savings for the family ;(not counting interest, of course) amount to $540 a year, or $45 a month. “A family with three small children could not be expected to save this amount unless they had an income of about $3,600. This would be a saving the A of 15 per cent. course, penses above the min for health and decen e Pe b L This would allow, of food, clothing and other ex- um requirement TWO PILOTS KILLED. THIONVILLE, April 4.—Two Fr. army planes, formations yesterd helght of 2,000 feet. Killed. 7 Ready for Your Inspection NEW HOME OPERATION -—~-BROOKLAND-- 10th and GIRARD STREETS NORTHEAST HIGH-CLASS Six-Room Brick Homes—Built-in Garages These homes are being built to meet the requirements of the discrimi- nating families who have been unable to meet prevailing prices. A HOME COMPLETE IN EVERY DETAIL FINISHED IN OUR SUPERIOR MANNER At $7,550 Reasonable Cash and Small Monthly Payments After Inspection You Will Be Convinced of Their “Superiority and Value” Sample House—2902 10th Street N.E. CHARLES M. WALLINGSFORD JAMES A. CONNOR Builders and Owners 1039 Woodward Building =y GARRETT PARK OPENING SUNDAY, APRIL 5th, 1925 NEW Lot 50 by 231 feet, with beautiful shade trees. Maddu open fireplac concrete bas and built-in tables and cupboards. Equipped with a long-distance Radio Set. purchase. in this prices. MADDUX-MARSHALL & CO. 1108 16th St, N.W., Washington, D. ¢ Without obligation to me, please send me immediately your descriptive booklet about ‘Garrett and other information Park. Name ...... $,97- Bungalo Choice Building Sites beautiful suburb offered for a few days only at opening """~ """71 The Route: MAIL THIS COUPON INC, Beautiful garage harmonizing with bungalow. Fine new Chevrolet Automobile. All for $150 down, $70 monthly, of which amount over $44 is applied to ‘h\e ATTRACTIVE BUNGALOWS ay practicing military air collided at Both pilois were . dining alcove, especially designed labor-saving kitchen. ement, hot-water heat, large master bedroom, one other good bedroom with screened sleeping porch, tiled bathroom, hardwood oak floors his 1s the second time within a month that army planes have col- lided while doing squadron maneuve Telephone Main 2930 N S S T S OB W5 Tarshall-built Bungalow, with spacious I!\'i.ng room (in-a-door bed) Full You Are Invited to Inspect the Property For further information call Main 8970 or mail the attached coupon | Rockvilie thence Pike to nce half Sunday, April 5th—Representative At Garrett Park Office Every Day Proceed north on Connecticut Avenue to Kensington to Garrett Park, or north on Wisconsin Avenue a Georgetown Pre tor one-quarter mile MADDUX-MARSHALL & CO., Inc. 1108 16th St. N.W. Main 8970 AR IMMEDIATELY NORTH OF WASHINGTON $600 Cash—$65 a Month No property around Washington is increasing in value as fast as that along 16th Street and Georgia Avenue Extended. This is the most valuable and the most desirable section in which a detached home can still be bought for $6,975—$600 CASH—$65 A MONTH. These Bungalows, 24 feet by 32 feet, contain five rooms, bath and three closets; front porch, 8 feet by 24 feet; a large sleeping porch and kitchen porch. Will paper p 7g-inch oak floors throughout; standard electrical fixtures, with B. X. wiring; Corbin hardware, with cylinder front-door locks. Double siding and Full-height cellar, with cement floor under to suit purchaser. floors with building paper between both. entire house, containing furnace, five double-hung windows, laundry trays, inside stairway from kitchen, and grade entrance to yard. Walls waterproofed and plastered outside. Modern construction, including main support by iron beams and columms. Concrete sidewalk and macadam.road. Located in lBel:‘l':-leolnl, two squares from street cars and bus. City water, sewer and electric ce. We Also Have Larger Houses and Bunga- lows Up to $15,000, But None Better Built Drive out 16th Street or Georgia Avenue to Georgia Avenue and the District Line, then north on Georgia Avenpe to sales office, next to Bank, or direct to houses in Blair-Takoma. Salesmen on Property Every Day and Evening .North Washington Realty Co., Inc. E. BROOKE LEE President Washington City Sales Office, P. BLAIR LEE Vice President 1653 Pa. Ave. N.W., Opposite State Department, Phone Main 6152 Construction Office, Silver Spring, Col. 9821 IS R TSRS TR, ver Spring National Phone Woodside 138. (TS