Evening Star Newspaper, September 15, 1928, Page 19

‘'REAL ESTATE. THE EVENING STAR.” WASHINGTON, D.” C.,” SATURDAY,” SEPTEMBER 15, T®8= REAL ESTATEY 19 COLUMBIA MEDIGAL | BUILDING STARTED Structure to Cost $935,000 | Under Way at Nineteenth and | Streets. Construction of an eight-story limestone, terra cotta and brick struc- ture, having a total cost estiv.ated at $935.000, wnd to be known ar the Co- lumbia Medical Building, has- been started on the site acquired a number of months ago at the northeast corner of Nineteenth and I streets. 5 The building is being erected for the Columbia Medical Building Corporation, which is similar in organization, plans and purposes to the Washington Medi- cal Building Corporation, owner and builder of the Washington Medical Building, at 1801 I street. The new structure is being erected on the site of a number of well known old residential properties which were pur- chased for the corporation through the office of John F. Maury. The proper- ties included in the site are the old home of the George Washington Post, No. 1, American Legion, on the corner; 1827 I street, formerly owned by Made- line McCandless; 1825 I street, formerly owned by Ellen C. Manning: 1823 I street, by Waggaman & Brawner; 1821 I street, by Admiral Newton A. Cully, now commandant of the Charleston Navy Yard, and 911 Nineteenth street, by Arvilla McDonaugh. ‘The main entrance of the building | will be on I street, with a side entrance on Nineteenth street. Negotiations are under consideration for the establish- ment of a drug store and optician’s shop. and on Nineteenth street, adjoin- ing the Medical Building, will be erect- ed a one-story store for surgical instru- ments and supplies. Offices in the building, to be devoted to the use of physicians and dentists, have been especially designed for these purposes. The floors of operating rooms will be of tile, as will those of the corridors and lobby. The floors of the various offices will be of oak. The officers of the Columbia Medical Building Corporation, which is com- posed of Washington physiclans and dentists, are: Charles Stanley White, president; A. L. Miller, vice president; Charles W. Hyde, treasurer, and Oscar B. Hunter, secretary. The directors, in addition to_the officers, are: Edgar P. Copeland, Edwin A. Merritt, William Mercer Sprigg, Edward L. Morrison, James A. Gannon, Harry S. Bernton and Lee Paschall. NEW MEDICAL OFFICE BUILDING FOR DISTRICT i Design by Marcellus E. Wright of the Columbia Medical Building, construction of which has large site at the northeast corner of Nineteenth and I streets. The total cost is estimated at §! just been started on a ,000. THREE APARTMENTS SOLD THIS WEEK Building at 1450 Irving Street Sold to Investor for $135,000. The transfer of three apartment prop- erties in Washington was announced this week. The four-story apartment house, lo- cated at 1450 Irving street, has been sold by Mrs. Mary E. Edwards to an unnamed local investor for a considera- tion amounting to approximately $135,- 000, it is reported by the J. E. Douglass Co., which handled the sale. The build- |, ing is modern in construction and con- tains 32 apartments. The Virginia apartments, 2120 G street, was sold by Shannon & Luchs, Inc., for Eli Sheetz and the George M. Bowers estate to E. P. Taylor. The con- sideration in the transaction was not made public. The building now is be- ing remodeled throughout and new plumbing and lighting fixtures are be- ing installed. The building contains f A Surprising Exhibit homes. There is a built-in gara; Price extremely low—terms munity, near cars and bus an churches. 717 Union Trust Bldg. or any Go out East Capitol to 17th St Facing Eastern Hig‘l‘l School 1700 B St. N.E. Open Daily and Sunday These newly completed homes containing six and seven rooms with front porch, breakfast porch and glass-inclosed sleeping porch maintain the high standard of Substantial Con= struction typical of Robert E. Kline, Jr.,, constructed homes. The natural wood trim, the equipment of the kitchen, the extra quality “electric fixtures, the features of the full-tiled bath have been personally selected—they are the latest style for fine Robert W. Savage Value ! !'! Proven By Sales Two Sold Before Completion Home ge. also. This is a restricted com- d convenient to stores and M. 6799 broker t. then north two blocks to B St. home just Concrete front and ft. tile walls, sunke place closets. polychrome floors doorways. doors. windows, one-piece stove. Automatic Servant's room. _Built-i has 55-ft. f three large in Textone Two $11, Drive west on Grafton St. from Ave., two squares north and s SHAn all brick individual type detached in beautiful Chevy Chase Gardens (o X0) Two stories and attic. bath with basketweave tile floor. Linen closet in bathroom. living room. lighting fixtures. upstairs and 1418 EYE ST. N. W. EXCLUSIVE AGENTS completed Six real rooms. side porches. Tiled Six- n tub with shower. Open fire- Four cedar Beautiful Oak down. Arched -toned one - panel walls. Large. light kitchen with four two built-in china_closets, sink and Separate side entrance to cellar. storage toilet expensive gas water heater. and laundry n garage. Lot rontage with trees. One square from car line. 950 [cp X) j\c,fi,‘_cans&ury CQMPAHY INC, MAIN 5904 Chevy Chase Circle to Wisconsin ee sign on left at Hunt Avenue. 20 apartments and is four stories high. David L. Stern, grchitect and builder, has sold to a local investor the apart- ment house at 414 Seward square south- east for a consideration reported to be approximately $135,000. It is a four- story building, containing 20 apartments of two rooms, dinette and bath, each. JUDGE BUYS HOME. N. J. Sinnott Purchases Residence at 105 West Bradley Lane. Judge Nicholas J. Sinnott of the United States Court of Claims has pur- chased the large stone residence at 105 West Bradley lane. ‘The home contains 10 rooms and 3 baths. It was acquired from Terrell & Dinger through the office of N. L. Sans- I FARM AID PLANNED. Kentucky Realtors to Help Owners Due for Foreclosure. Formulation of some plan for the State of Kentucky by which farm lands which have been or are about to be lost through mortgage foreclosure may be returned to the original owners or brought into successful ownership by new farm purchasers will be undertaken by the Kentucky Real Estate Associa- tion, in accordance with a resolution passed at its annual convention just closed in Ashland. The association has agreed to name a permanent committee of five of its members to study present farm land values and farm mortgages. The asso- ciation asks that the Governor of Ken- tucky present to the next Legislature a CLEARING HOUSES FOR LOANS URGED Would Discourage Excessive Realty Values, Mortgage Bankers Told. Special Dispatch to The Star. CLEVELAND, Ohio, September 15.— Excessive real estate valuations can be | discouraged by the establishment of | local clearing houses for mortgage loans, similar to the banking clearing houses, for perfecting improved methods of ar- riving at dependable figures, Hiram S. Cody, Chicago, told the fifteenth an- n $12.500 6408 Georgia St. Chevy Chase. Md. Detached modern home, 7 rooms (3 bedrooms), tiled bath with shower, reception hall, large living room with open fireplace, sun room, tiled cabinet sink in a modern kitchen, pantry, l-car garage, lot 50x180 feet. Concrete street. Now vacant. Possession can be had at once. To_inspect go out Conn. Ave. to Taylor St, turn east to Georgia Street. Open Sunday After2 p.m. Graham & Ogden Realtors Main 3689 313 Woodward Building comprehensive farm relief plan for the State. AMERICA'S SMARTEST COLONY OF ENGLISH GROUP HOMES A VILLAGE IN THE CITY Nine Minutes From Dupont Circle Foxhall Vi Villa competitive Development. &ight of the Jfourteen new homes on Quleg Street were sold before completion.The homes 7;59 in sige from three bedrooms and to five bedrooms and three baths, and in price from-$10,250 to $17,750 The Model Homeis located. at 4456 Que Street, south of Reservoir Road,and is open for inspec- tion daily from I0till 8~Sundays from 9118, Drive west on Que Street to Wisconsin Avenue, north one block to Reservoir Road, west to Village, make left-hand turn BOs Ovwners and Developers 1417 K St. ra ba at 44th Street. llage is a Predetermined Non~ e A Main 9300 YOUR LAST CHANCE to own this One Remaining MASTERPIECE HOME BURLEITH at this price, $11,950 Such popularity as these sixteen homes have re- ceived must be merited, for now, after only a few -weeks, there is only one left. Of. course, they were unusual—and they offered : Washington something infinitely better in a home—and 6 rof;nm, tiled bath, open fireplace, equipped kitchen with Kelvinator electric refriger ation— screened porches—modern. double rear their most complete equipment, including Kel- vinator Electric Refrigeration, was unheard of before in so reasonably priced home. The Fact Remains That There Is 37th & RESERVOIR ROAD N.W. “Take a Burleith Bus Today” Members of the Operat! BUT ONE LEFT Always Open for Inspection SHANNON 8 LUCHS INC. Bullders’ Ast the D, 0. crs‘kmc(auon of America here this week. Mr. Cody discussed a resolution passed by the association board of governors last May providing for the creation of additional local chapters of the asso- ciation to act as clearing houses for the work of organizations dealing in mort- gages in the accurate appraisal of the securities behind the loans. This reso- lution is one of five resolutions made at the same time by the association research committee as a result of a study of the various economic forces that affect the value and stability of the first mfortgage or mortgage bond. Practically the entire program for the three-day sessions of the convention was built around the findings of this committee, of which B. F. Saul of ‘Washington is a member. ‘The points to be covered include a within «two blocks DELAFI Between Northwest Circle, a Choice Roomy Closets. Main 1267 in every detail. Si unusual opportunity and investigate tomorrow. & Seventh St.- Half block from Shermar of PETWORTH Three Bedrooms. Tiled Bath, Built-in Fixtures. more accurate determination of future realty values or appraising, the fore- closed farm, the responsibility of the mortgage bankers, the standardization of mortgage forms and methods and the agricultural situation. “The mortgage banking business has become highly competitive because so many organizations are engaged in it,” $aid Mr. Cody. “In addition to insur- ance companies, banks, mortgage com- panies, realtors, building and loan asso- ciations, the McFadden banking act has added another factor, the national banks that now handle mortgage loans. This competition will lead in many instances to excessive valuations unless steps are taken to unite these various groups and establish methods and policies on which all interests can meet on common ground,” he said. The proposed clearing houses that 3308 35th Street Vacant Absolutely Must Be Sold of the National Cathedral, near the be arranged, EL Kansas Ave. have been tested in Buffalo, Wichita, Kans.; Chicago and other places local chapters of the Mortgage Ban] Association might very well undertake the certification of buildings under con- struction through periodic inspection during construction and thereby raise the standards of building in this country, said Mr. Cody. Confidential credit information on borrowers and builders would also be kept on file for the use of members of such clearing houses, according to the Cody plan. Modern Art Wmome. Modern art, founded on steel girders, skyscrapers, straight lines and absence of meaningless decoration, is rapidly winning acceptance as applied to the fittings of the American home. . Between Macomb & Newark Sts. The only available modern home in the heart of Cleveland Park proper—now offered at a price which will be of special interest to anyone of keen judgment seeking a spacious home in a refined atmosphere and environment. N: It is John Eaton Public School and convenient to stores and transportation. It is of English design, has a wide center hall—a lovely living room across the entire front, with real fireplace, and huge dining room overlooking a charming garden in the rear, which is entirely private, enclosed with foliage and enhanced by a beautiful pool. On the second floor are four splendid bedrooms, all with large closets and two tile baths, one with shower. bedrooms, tile bath and storage space on the third floor. house is roofed with green tile, includes hardwood floors through- out, screens and metal weather stripping and is strictly modern i Side drive to garage. Take advantage of this Two The Terms can Open Sunday From 10 A.M. to Dark Schwab, Valk & Canby 1704 Connecticut Ave. Potomac 830 “DUNIGAN SOUTHERN EXPOSURE SIX LARGE ROOMS THREE PORCHES EXHIBIT HOME I 627 DELAFIELD N.W. Section EXHIBIT HOME CONCRETE STREETS & ALLEYS BUILT-IN GARAGE OPEN AND LIGHTED EVERY DAY UNTIL 9 PM. A FEW MORE OF THE POPULAR SIX-ROOM HOMES FIFTH and FARRAGUT STS. 5017 FIFTH STREET N.W. *8.950 D. J. DUNIGAN Ic. 1319 N. Y. Ave.