Evening Star Newspaper, August 15, 1931, Page 18

" B2 REAL ESTATE, THE EVENING STAR, WASHINGTON, D. C., SATHRDPAY; AUGUST 15, 1931. REAL:. E TATE $900.000 PROJECT HEADS PERMIT LIST Apartment House, Containing | 117 Suites, to Be Erected on Connecticut Avenue. (Continued From First Page.) frame dwellings, 4410 and 4414 northeast; to cost| and Thirteenth place $15,000. A. G. Davis, owner; George T. Sant- myers, architect; Tolson, Kemp & Hix, builders; to erect one 2-story brick dwelling, 3905 Twenty-fourth street northeast; to cost $10,000. L. E. Breuninger & Sons, owners and builders; H. L. Breuninger, archi‘ect; to erect one 2-story brick dwelling, 7528 Morningside Drive; to cost $9,000. Ben Segreti, owner and builder; E 'W. Syme, architect; to erect one 2-story brick’ dwelling, 5433 Thirty-first street; to_cost $8,000. P. Davis Little, owner, builder and designer; to erect one 2-story brick dwelling, 3375 Stuyvesant place; to cost $9,000. W. O. & N. T. Embrey, owners and builders; Everett P. Embrey, designer; 1o erect one 2-story brick dwelling, 5610 New Hampshire avenue northeast; to cost $8,000. | Saidee H. Huddleson, owner; C. N.| Norton, architect; H. P. Huddieson & | Co., builders; to erect one 2-story brick | and frame dwelling, 5414 Broad Branch Toad; to cost $7,000. P. H. Steltz, owner; Robert Carr, de- signer; O. T. & W. A. Carr, builders; to erect one 2-story brick and tile dwell- ing, 4927 Massachusetts avenue; to cost $8,000. Mrs. Louise Mackall, owner; Davis, Wick, Rosengarten Co. builders; to make repairs, 1413 Thirtieth street; to and cost, $8,000. Stephen Gattl estate, owners ‘builders; to erect one 1-story brick ad- dition, 5609 and 5611 Georgia avenue; to _cost $7,600. Wiliiam C. and A. N. Miller, owners end builder; G. E. MacNell, architect; | to erect one 2-story brick and frame | dwelling, 4300 Hawthorne street; to cost $8,000. L. E. Harris, owner and bullder; F. G. Wilcox, designer; to erect one 3-story brick and frame dwelling, 5719 Ne- braska avenue; to cost $8,500. John T. Lokerson, owner; Harry F. Bcryer, builder; to maxe alterations, 1609 Nineteenth street; to cost $7,000. Eugene D. Werren, owner; Charles E. Dillon, designer; J.- Harvey Robey, bullder; to erect one 1-story brick | dwelling, 3915 Albemarle street; to cost | Lansburgh & Bro., owners; J. L. Par- sons, jr., builder; to make repairs, 420 to 430 Seventh street; to cost $2,500. Samuel H. Stiefel, owner; Henry L. Maas & Sons, builders; to make repairs, Howard Theater; to cost $1,000. | Whelan Drug Co., lessor; United Cigar Co., build to make repairs 1700 Pennsylvania avenue; to cost $2,500. ‘Westchester Development Corp., own- ers and builders: to erect brick retain- ing wall, concrete fountain and rock gro%zon, 4000 Cathedral avenue; to cost E. Coopersmith, owner; W. L. Eaton, designer; J. W. Weaver, bullder; t> erect one 2-story brick addition, 1546 D street southeast; to cost $1,000. tan Laundry Co., owners and | ; to make repamrs 19 Browns | : to cost $1,500 J. L. Dillard, cwner; W. A. Kimmel, | builder; to make repsirs, rear 52 and 54 usetts avenue; to cost $1,000. E. G. Schafer Co., owners; Barber & Ross, designers: to erect three steel storage bins, 2331 Fourtn street north- east; to cost $1,000. Karl F. Brodt, cwner and builder; to make repairs 906 to 910 Fourteenth street; to cost $1,000. Title Company Gets License. ‘The National Title Guarantee Cor- porstion, recently incorporated. has been icensed by the State Insurance Depart- { ment to do business in Maryland. The | incorperators are Spencer B. Curry of | Washington, Danle] De Pace of Wil-| mington, Del., and Robert Green of Baltimore. The authorized capital is| 300,000 shares at $10 a share. Howard C. 1 is president. Headquarters will be in Baltimor NEW CORNER HOME Southern Exposure Choice Location of Brookland Six Rooms, Built-in Garagg Brick Construction Oak floors throughout, ex- pensively and tastefully deco- rated and nmicely landscaped. At a row-h price. Unusual Opportunity 13th Pg & Shepherd t. Charles M. Wallingsford Builder and Owner 1010 Vermont Avenue N.W. Nat'l 2000 Just the Home! Fully Detached Brick 7 Rooms—2 Baths—Garage Complete in Every Detail Many Attractive Features Lot 35x157 Feet Price Only $11,950 You Will Find More Value Here For Your Money' OPEN TO 9 P.M. 37 Longfellow St. N.W. Out Any Street WAPLE & JAMES, Inc. 226 14th St. N.W North 0962 north te Longfellow 1o Houses Overlooking Beautiful Grounds of Carnegie Research Institute 5330 32nd St. One block south of Military Road FIRST SHOWING A home of be proud Six Lovely Rooms WITH SUN PARLOR ~—containing five large windows giving you %, ter as well as Summer Attic with houund plumbing making ideal maid's room. 'Do appreciste u you must soe it TODAY Opén Evenings Until 9 P.M. PARKER & CO. 410 Bond Bldg. Natl 3934 Y Nebraska Avenue House Residence at 5411 Nebraska avenue, recently acquired by Mrs. Florence | E. Hauser Painter and Mis Pearl of C. builders, through the agency APARTMENT RATES T0 RE STATIONARY | Variance in Baltimcn Supply and Demand Not Disturbing to Owner. Special Dispatch to The Star. BALTIMORE. August 8 —Rental rates in the higher class apartments will not be reduced during the coming cording to Edward H. Glidde! r man of the apartment houss section of the Real Estate Board. Neither will there be eny general incremses. The difference bstween the existing supply and demand for first-class apartments is not sufficient to force landlords to make sacrifices nor to increase their rates at this time, he believes. “The reason for this is that, contrary to the general opinion that everything is coming down, there is little prospect of 2ny reduction in at least two of the most important items of exepnse in operating apartment-house properties. These two items—mortgage interest a: taxu,-hmnd of coming down promi up in the aggregate,” he declares. Whle Lhe mongnge interest rate, is more or fixed on a stable basis, taxes ln:msed in 1931, and the pre: ent indications seem to point to fur- ther increases for 1932. “Among the less important items of operating costs are wages, fuel and de- preciation and obsolescence, in which | there has been no appreciable reduc- tion during the past year. While de- preciation and obsolescence may not be visible to the averege tenant the owner who does not make adequate provision in his expense budget for these items must ultimately suffer for his short- sightedness A Picturesque Home in an $12,950 4 Williams Lane In Chevy Chase, Md. Just the dainty, livable and On paved street of lovely homes, a few doors east of Connecticut Ave The rooms are unususlly spacious and well laid out from a large living room Jead to a coo fireplace, oak floors, electric refrigerat in furnace and other excellent features, including GARAGE to match Several blocks beyond Bradley Lane and Drive out todsy and see it. Chevy Chase Circle. OPEN SUNDAY 1 to 6 PM. BOSS & PHELPS Realtors U417 K Bt H. G main rooms, has a bukt-in garage and is of brick and stucco construction Hauser, sisters, Smithy Co. from Jacobson Bros., The house contains six —Star Staff Photo SALE OF DETACHED RESIDENCE REPORTED! and Mrs. William Murphy Purchase Corner Property at | 3225 Eighteenth Street. Mr. Sale of a large detached corner resi- | dence at 3225 Eighteenth street to Mr irs. William Murphy by Mrs. Rosa M. Camp was announced this week. The home, which contains 10 rooms and has | large grounds. was sold through the| offices of N. E. Ryen Co., Inc. A Tesi- dence at 1369 Monroe street was in- volved in the transaction as part pay- ment. _An’apartment building at 120 Web- r street, containing 10 apartments, | was sold to Dr. P. H. Laddon by J. R. Hutchison, according to the real estate IBUILDING LOAN GROWTH IS CITED Delegates TeII Wordl Con- gress Millions of Home Purchasers Are Aided. _ (Continued From First Page.) this system is an outstanding illustra- tion. The millions of homes made pos- sible by the co-operative methods em- ployed by those in the United States speaks wonders and demonstrates con- clusively what co-operation can ac- complish. formed a service not possible by any other institution, or at lea&t no other organization has appeared that is com- parable to the building and loan in ;accnmphsnmrm or promise for the uture.” A 1931 twist to the pre-war thrift doctrines was advocated as & financial rule of life by L. P. McCullough, a director of the United States Buflding and Loan League. Pre-war saving, he said, implied put- ting off the enjoyment to another generation and the savers turned spend- thrift after the war had destroyed the fruits for which they had saved. Job to Modernize Faith. “The world's dilemma is this" said the American financier, “Its faith in thrift fled at the war. Its new faith in lavish spending vanished at the de- pression. The job of building and loan associations is to modernize the old faith of pre-war days: we are peculiarly | fitted to do this because our co-opera- tive home financing institutions pro- vide the saver a way to enjoy a high standard of living while he is saving. We must assure a world of skeptics jvhnr it can get from thrift the things is sought ifi spendthrift days.” Building and loan associations, only The assoclations have per- | seven years old in Germany. have been recelving the funds of the Clammus Simcet aa Tast e other: Javest ments are liquidsted in the recent | in crisis in the Reich, Dr. Her- T Soto et Ludwigsburg, Germany, told the congress. Dr. Schuon s general manager of the original buld- ing and losn u-ocu-um n ,bis countsy, 0 Ludwigsbu ‘Ch.m:ellor Helnflch Bmenlng and | President Paul von Hindenburg are sponsoring the building and loan move- ment.” said the German financier. | " “The depression and financial crisis | have had little effect on the prosperity | of our young building and loan asso- | clations. The middle classes who want to build or buy homes of their own have been handing us wholesale their | funds instead of placing them in older s of investment “The three building and loan asso- ciations in Austria and Germany with which I am intimately associated have 850,000,000 marks ($212,500,000) in mortgages on homes at the present. The membership of the associations in Germany and Austria is now 150,000 “Our funds are lent on one, two and three family houses. No tenements or apartment houses have access to our loans.” PLAN TO AID RETAILERS Lumber ‘Association Forms Corpora- tion to SBupply Mortgage Money. To assist retail lumber dealers in expediting small home construction. the National Retail Lumber Associa- tion has organized a finsnce corpora- | tion to supply mortgage money on lib- eral terms, according to the Business Week The new company will work with lumber dealers particularly in helping them to finance }ouses selling for less than $10,000. It will Joan up to 75 | per cent of the combined cost of house and Jot at 6 per cent interest. The loan will be complétely amortized in 15 years through monthly payments of $8.44 per thousand dollars of loan Architectural counsel will be retained to provide proper house designs and [} the entire job will be directed and personally supervised by the partici- pating lumber dealers properties involved in recent || the firm, the total of which is | reported by them“o aggregate $137,500, | include 3627 Thirteenth street, a six- | room brick house, which was sold to | Mrs. Annie Smith for Mrs. Edith E.| Carter; a seven-room house at 3420 | Thirteenth street, sold to J. R. Hutchi- | son by Dr. P. H. Laddon; 3511 Center | street, & six-room house, sold to Mr. and | Mrs. August Tolzman for Mr. and Mrs Henry H. Bryne, and an 1l-room and two-bath home at 1360 Columbia road, sold to Mrs. Lena Limbrick for Mrs. Emma Marsteller. Sy B The ancients believed most thoroughly | that the rainbow was really the bridge | or the road by which the spirits of the | d reached their home in the | Ideal Location cozy home you have been seeking French dcors screened side porch. Attractive n, electrically controlled blower National bodied in this home for extra lavatory off one lavatory. 5310 Nevada Ave.. Chevy Chase, D. C. It is rare that an opportumty is r)flered to secure as much value as you will find em- new 8 rooms (4 hedmm\u) 2 beautifully tiled baths: bedroom: Library or den off living room. refrigeration. Built-in garage. Large celotexed, attic. Lot has frontags of approximately 100 1. DO NOT DELAY YOUR I\ISPECTION P OF THIS PROPERTY $14 950 floor tiled Electrie 1st 5520 Conn. Ave. Open Saturday Afternoon and Sunday g Edw. H. Joncs & Co..Anc. Clev. 2300 e Furnished and Decorated by e Challenge Comparison Priced Less Than You Expected to Pay Drive out S5th St., turn left at Nicholson and Right on 6th St., or take 14th St. car marked “Takoma’ Nicholaon St., walk West to 6th St. Tower Bldg., 14th & K The Model Home week itself . has now been sold Continued Popularity That Proves Values Offered by These New Variety Homes is Far Beyond the Ordinary See the New Model Home 214 Madison St. W. B. Moses & Sons N.W. announced only last Sales of these distinetive houses has continued far ahead of construction, reflecting the wisdom of buyers who realize this remarkable loca- + can never be duplicated . in dollarfor-dollar value. elves not excelled sitnated right nvenient to schools. struction is rear porches and all openings, cement front porches; ble oak floors throughout, plete variegated tile baths, kit twotone Sa sens have inlaid apecial type dressers Wall paper by « used throughout atio Tawns stores natural-finish trim. linoleum, nitas wall covering. and Westinghouse electric refriger. Capital Wall Paper Co Builtin garages and the homes them- Park transportation. Fort Slocum and on very Con- of all solid BRICK., copper screens for double dou- big cedarlined closets; com- Room size double-drainboard sinks, new console gas ranges, Lucas deep, landscaped paved straet and alley, Rooms and Bath 8 Rooms, or Georgia Ave. thence east 1o X marked “Takoma” or Madison open every day until nsas Ave oole ) BUILDERS OF Tower Bldg. 2 Baths, corner “Sheridan and walk 1 block east—model 9 pm. 811,950 Madison or take 14th St. car St Get of et home Bros. TTER HOMES® Nat’l 9240 PURCHASE BUILDING AS AN INVESTMENT| Morris, Bessie and Charles Fried- enberg Buy Building at Union Market. A two-story fireproof building at 407 Morse street northeast, in the Union Market Terminal, was purchased this week by Morris, Bessle and Charles Friedenberg as an investment, it was announced today. The bullding, which | | is under Jease to Hyman Bricker for a| i period of three years, was sold through | the offices of Phillips & Caldwell, agents | for the terminal. Premises to be erected at 1260 Fifth street northeast were leased to Francio Nicola and J. O. Taresco, it was an- nounced. Two store buildings in the course of construction at 1266 and 1268 McKEEVER & GOSS INC. Wishes to Announce That R. E. L. YELLOTT now associated with its sales department specializing in- Suburban property. Mr. Yellott is outstandingly well qualified in this field be. cause of his past experience as promoter and_first president of the Bradley Hills Syndicate as well as many other suburban subdivision projects, and has been known for many years as one of Washington's = leading ground specialists. Street N.W. Out any street north t or ‘take car marked Longfellow Sts. INVITED! 1226 14th St. N qule Open to 10 P.M. 305 Longfellow Longfellow—east to houses “Ta- koma” and get off at 3rd and YOUR INSPECTION terminal, have been Jeased to and to Frank Holmes and 7. B Sty respectively. 1 was stated. The latter structures will be two | stories in height, with a frontage of 20 | feet and a depth of 70 feet. Concrete | canopies will extend 49 feet from the front of the bufldings, according to| | Plans. A building aiso is in the course | of construction at the market piace for | the Oriental Paper & Con- struction work is being Eug ‘by the | Charles H. Tompkins Co L One of the sport features of anclent ' Greece was the torch race, in which runners were expected to carry in suc- cession a lighted toreh without allowing the flame to become extinguished. | Inm: street northeast, in the !Iurlfl Joseph i | DOMINOES ARE POPULAR Push Hor‘-ho. Pitching Checkers Into Background. RED OAK. Iowa (#).—Horseshoe pitehing, checkers and whittlin® are passe in Red Oak where dominoes dominate. Every day except Sunday the ecity park square is the scene of & verit | able tournament of dominoes with | retired farmers and others sitting at | permenent benches built for their ac- comodation by the city park board | Great is the excitement during a close battle of matching the ebony There is no but | uda Mmbun( minors are and CORPORATIONS Announce their ground floor of removal to the 1420 K Street Northwest, where larger quarters permit increased facilities for wider service to their J. B clients. Shapiro, President: M. C. Shapiro, Vice President; Secretary. 8 BUILT pes of Homes! BUILT-IN T. L. Taylor, 3 SOLD BEFORE COMPLETION CENTER HALL PLAN SEMI-DETACHED; INSIDE rice 99,450 vn 7 AND 8 ROOMS—1 AND 2 BATHS GARAGE ALL ROOMS LARGE—ROOMY KITCHEN o These Homes are built paved. houses trimmed out in natural hardwood; equippe: latest modern features; fully screened. Streets and alley BREAKFAST NOOK of brick all way back. All with “MAJESTIC ELECTRIC REFRIGERATION” Nice front, side and rear lawn, beautifully land- scaped, rustic stone retaining wall. Owners and Builders Ww. WAPLE & JAMES, = North 0962 FIRST SHOWING VARIETY GROUP OF NEW ALL-BRICK HOMES EXHIBIT HOME—5518 2nd ST. N.W Minimum PRICE and Terms 7,650 AND UP Never before—perhaps n the prices quoted in this rest number. Select Your Home TODAY — NOTE THESE OUTSTANDING FEATURES - Your Choice of 6 or 7 Big Rooms Tupestry Brick Consiruction Insulated Ceilings Pull-Width Concrete Covered Front Porch Slate Mansard Yarge Living Room Bulli-in Radio Anterna Coat Closet Brisht Dining R French Door Les Spacious Scre Vitresus ?hlnl Lav -nm_a.m Bearing 8 iding Shower Curtain Drive out 13th St. or Ge: cars marked “Takoma Par 1621 K St. 3 N.W. De Luxe “PRIZE KITCHENS” Finished in Green and Ivory Latest Type Frigidaires Special “OXFORD" Buili-in Cabinats_with Double Drainboard Poreelain (Ivory) Sin with ‘Dure Drain” n Console Cabinet Gas Ranre Two-Tone Sanitas id Linoleum ré rri rgia A 3rd and €. Bnugl Built by the Douclass Comstr thence East to 2nd St.—or take 14th St. fellow Sts., thence East to 2nd St. $500 cash s60 per month INCLUDES ALL INTEREST ever again will such beautifully equipped homes be offered at ricted community of FORT SLOCUM PARK . .. only a limited tion Co Master Bed Rooms. Cedar-Lined nen Closet An ()-rn“\l Bronze Sereened by Woodward & Lethrop Mardwood Floors and Trim Throughout Chromium-Plated Plambing Fittings Paneled Wall Papering Artistic Cast Brass Lighting Fixtures Large Cellars with Two-Tone Finished Walls and Painted Fleors, raced La T with mm‘f“m‘& Retaining Walls Met. 5678 g Co.