Evening Star Newspaper, August 29, 1931, Page 19

REAL ESTATE. THE EVENING STAR, WASHINGTON, D. C, SATURDAY, 'AUGUST 29, 1931.° Come Out—See Our New Semi-Detached ALL BRICK HOMES 7 and 8 Rooms 1 and 2 Baths Sample Open to 9 P.M. Daily 305 Longfellow St. N.W. All natural wood trim throughout—best of decora- tions—large kitchen and break- fast nook—linoleum on kitch- en floor—electric refrigeration —house screened throughout-— nice front, side and rear lawn —beautifully landscaped—rustic stone retaining walls—street and alley paved. Your Early Inspection Invited Waple & James, Inc.) (Owners and Builders) 1226 14th St. NN\W. No. 0962 J Detached Homes La Sali"e Park | (Brookland) Offer the outstanding values available in the entire cityALL- BRICK homes, Chapman slate || roofs, Sanitas - covered kitchens || and baths; STANDARD PLUMB- || ING FIXTURES _throughout; electric refrigeration, copper screens, large finished aitics, de- tached 'garages. a RESTRICTED DETACHED COMMUNITY, bus service direct to property. Prices Range from $£10.950 Up Sample Home Alwavs Open To inspect: Drive out Michigan Ave! part’ Soldiers Home. and. Cathe olic' Bniversity to 18n St (Queens ! Chapel Road). morth ome aquare to Varnum St or fake Dus direct to i property. Sullivan Brothers | | 815 15th St Mer. 4323 Features Desired by the Wise Home Buyer in « Moderate Priced Home Will be Found in 526 Decatur St. N.W. A Semi-Detached Brick —of 7 rooms, sleeping porch, gas heat, screens and awnings — metal weatherstripping, 2-car ga- rage. Lot 137 ft. deep. Convenient to both schools and transportation. $9,450 Inspect Any Time on Sunday Phillips & Canby, Inc. Exclusively Na. 4600 Investment Bl A Buy in Glover Park No. 2308 Tunlaw Road N.W. At Only $8,150 This is a big 6-room modern brick home 20 feet wide, fully screened; front and double rear porches; Frigidair conditio built-in garage; vacant and in good See It Today From 10 AM. to 9 PM. IT’S A GENUINE BARGAIN G. H. Selden & Co., Inc. Woodward Building Cleveland Park 3019 Macomb St. One Block West of Conn. Ave. $21,000 Open Daily and Sunday 10 to 9 A. L Miller Col. 6575-W ¥7,930 Twelve Minutes From Downtown— Near all Schools New Neighborhood— Close to U. S. Park— Six Rooms Colonial Front Porch— Double Rear Porches— Built-in Garage— Full Tiled Bath— Built-in Refrigerator— Perfect Condition Throughout— Open Today, 2 to 9— Sunday, 10—9. 2042 37th St. N.W. SHANNON & LUCHS Tel. NA. 2345 REALTY NORTGACE FLINGSINCREASE July Totals Show 7 Per Cent Greater Volume Than June. The real estate mortgage loan market in July showed the first upward trend | in recent months, according to a| monthly compilation of the volume of realty mortgages recorded in the princi- pal urban districts, issued by Nelson, | Hunt & Co. of Chicago, specialists in real estate and mortgage financing. | Official figures from selected repre- sentative metropolitan areas. compiled in the survey showed that the total| of real estate mortgages filed in July was 7 per cent larger than in June Thirty-five districts, where compara- tive data was available, reported a total in | builder spite the increased volume in said the survey, “the total of 1931’ mortgage loans to date is still far below that of 1930. The extent of the | decline in the volume of real estate mortgages filed is indicated by the fact that the May total of this year was | 17 per cent below last May, June 26 per cent less than last June snd the July ;0?,-5] was about 11 per cent below July, The figures, which covered 36 dis- tricts, comprising more than half of the urban population in the United States, reporting a total of $222,105.277 in Teal estate mortgages, showed that 13 clties reported a gain in July over the same month in 1930 in the volume of real estate mortgages recorded. De- troit with a total of $19,988.462 showed the largest increase, exceeding July to- tal of last year by $12.900,000. Mil- waukee was second. its July total being more than $3.700,000 greater than a year ago. Pittsburgh with a total of $11,461.837 showed an increase of $2,.- {100,000, Omaha with & total of $2,167,- 423 and White Plains with a total of 1$10.470.162 showed increases in excess of $1,000.000 over last July. Birming- ham and Toledo showed increases of more than $500,000 over a year ago. Other cities showing a gain in mort- gages filed were Bridgeport, Conn.; Buffalo, Minrieapolis, New Haven, New Britain and St. Paul. THREE PROPERTIES LEASED FOR SHOPS Lease of three business properties on Fourteenth street was announced to- day by Carl G. Rosinski, realtor. Ren- tal considerations in the transactions| were not divulged Premises at 3118 Fourteenth street were leased for a term of five vears by Troy Shirt Shops, Inc. The bullding is being prepared for occupancy by September 15. { A five-year lease was taken on a | store at 529 Fourteenth street, in the National Press Buflding, by Maurice Robbin, who will conduct business on the premises to be known as Robbin's Kodak and Card Shop. Property at 1629 Fourteenth street was leased by the Lee Tire & Rubber | Co. of New York, Inc., which will oc- cupy the premises as its Washington | || factory branch. J. A. McKeever Co. | many meals in the kitchen, so why not { Noise Wins Back ! Patrons Cafe Lost By Soundproofing Americans like noise with their meals. It doesn’t have to be & musical sort of noise either. Just the clashing of trays and the rat- tle of dishes are enough, it was shown recently in a test con- ducted in a large New York cafe- teria. The place had & big patronage, but it was very noisy, so the man- agement decided to install a soundproof ceiling and floor, ac- cording to the American Archi- tect. At once the patronage be- gan to decline. Fewer and fewer diners came until at last, in des- peration, the proprietors had the soundproofing removed. Imme- diately custom incressz2d. The test convinced those in charge of the cafeteria that the patrons prefer noise with their food. Larger Kitchens Advocated. Small-income families eat a good make kitchens large enough so father won't scorch his back on the range, asks Max A. Ramm, Detroit realtor and who has increased the size of these rooms in the new low-cost homes he is building in that city for workers. Families who have bought these homes || like the idea. 3101 Albemarle St. Houses Taken Under Fore- closure to Be Sacrificed Mortzage Company will sell at reduced Drices and on easy terms the followin, ouses 2120 North Capitol Street 3831 Garfield Street N.W. 4618 Hunt Avenue, Chevy Chase Gardens, Maryland The above houses are modern in every way and in exeellent condition Federal Security and Mortgage Company 1522 K Street N Phone Mei NEW CORNER HOME Southern Exposure Choice Location of Brookland Six Rooms, Built-in Garage Brick Construction Oak floors throughout, ex- pensively and tastefully deco- rated and nicely landscaped. At a row-house price. Unusual Opportunity 13th Pl. & Shepherd St. N.E. Charles M. Wallingsford Buflder and Owner 1010 Vermont Avenue N.W. Nat'l 3900 Realtors ANNOUNCES THE OFFICES FROM ] BUILDI 1625 REMOVAL OF THE EDMONDS NG TO K St. ITS ALSO THE OPENING OF A PR( '!‘V‘}’{'I Y MAN- AGEMENT TURE INDIVIDUAL OWNERS DEPARTME AND TEM NT THAT WILL FEA- SERVICE TO BOTH ANTS J. A. McKeever Co. 1628 K St. AS COMPLETE Dist. 9706 AS THOUGH PLANNED ESPECIALLY FOR YOU! 1620 A ther. RESERVATIONS now being made for September 1 occupancy. ONE TO FOUR ROOMS Features include: recepionally lerge, light rooms; tinted tile boths; wwwsnal closet space; Parquet, sowndproof floors; latest iype fixtwres; tiled corridor floors; ventilators in Ritchen; temperature; passenger and service elevators. One square from 16th street busses and Mount Plessant Convenient to 18th and Columbia road shopping section. BOSS & Rental K Street N FULLER STREET N. W. NEW building in the exclusive Embassy Section presenting all the latest features of design and equipment. TIIUS} who seek the last word in the refinements that are demanded by today’s highest standards of comfortable living —AT LOWEST COST—need look no fur- Inspect this really outstanding building at your earliest conv enience. insulated roofing to mswre cool, evew School nearby. PHELPS Agonts National 9300 SIZE SMALL ITEM INVALUING HOME Design, Material and Con struction Declared Impor- tant in New Method. ‘The new method of rating the money value of & hous> takes little account of its size, according to John M. Wy- man, member of President Hoover's Conference on Home Building and Home Owning, writing in a current issue of The American Architect It considers, rather, he says, design, materials and construction, for leading loan assoclations have found that a small, well designed house is a much better “risk” than a big mansion which has been carelessly “thrown together.” “Some of the most successful build- ing and loan associations in the coun- try now insist that homes on which they lend money be designed and con- structed according to thelr standards,” Mr. Wyman declares. Many of these associations are will- ing to lend from 65 to 75 per cent of the appraised value of supervised houses, through first mortgage loans on them, instead of the 50 or 60 per cent which has hitherto been considered the only safe maximum.” Sound design and construction not only retards depreciation of a home but 1so keeps the prospective owner satis- ed, Mr. Wyman writes. Nothing dis- courages & prospective owner more than to discover that the home he is still making payments on is ‘“jerry-built.” If the Toof begins to leak or the floor to sag, he may suddenly lose all inter- est in making further payments on the home. And then the loan association is compelled to foreclose on a house which it doesn’t want. If, on the other hand, the prospective owner is satisfied with the house, he is eager to complete the payments and acquire title to it. Idea Expedites Sales. Matthew J. Gallagher, Pawbucket, R. I, attended the annual convention of the National Association of Real Estate Boards in Baltimore in May and got one new idea. He returned home and used the idea, which was the furnishing of slow-sellng hauses to expedite sale. He sold his slow-selling houses and other property. 3344 Military Road $13,950 I am waiting to house you and your children and even your chil- dren's children. cement side porch I em the delightful brick, cen spacious living room, ba hall type, with large window dining room, modern kitchen with breakfast alcove, lavatory and tcilet on the first floor. My 3 extra large bed rooms with two complete baths, addi- tional lavatory and toilet give you facilities that & $30,000 hcuse does not contain. I have a 70- on the most prominent street. not disappoint me. 1427 Eye ot-front lot, closs to Connecticut Ave, and I am open for your inspection ali day Sunday and‘from 2 to 9 every week day. I shall expect your call—do 3344 MILITARY RD. A. G. HUGHES nari 8744 Realty Associates Inspect This Beautiful Center Hall Planned Home A city. T back pe can be and bl ommended er w Most Exceptional Value 619 WHITTIE Price, § PHILLIPS & CANBY, INC. Exclusively—R ealfors 4 % % R SI. N e st sections of the Open Satwrday and 10,950 All Day Sunday Investment Bldg. In Looking Over Real Values Don’t Overlook This Corner Home at 33rd and Morrison Streets There is honestly days. Ist floor: Large living and dining rooms, spacious kitchen, a real man's den, lavatory, lovely solarfum. 2nd floor: 4 big bed rooms and 2 full baths, finished attic, gas heating plant, 2-car garage. BEAUTIFUL LOT WITH LARGE TREE 130-foot frontage Drive out Conn. Ave., turn right at Morrison to 33rd St. Open Sunday and Daily Until 9 P.M, H.G.Smithy Co. 1418 Eye St. N.W. more value here than has been offered in a new home priced so far below $20,000 since pre-war Don’t take our word for it see for yourself. the side from which the remuneration | business and that the qualified men |is received. The Boston exchange |engaged in it, when called into court, wants all concerned to understand that | give opinions based on their training realty appraisal is a highly technical 'and experience. {BOSTON EXCHANGE HITS INACCURATE APPRAISALS — | A move designed to further accuracy | of valuations set by real estate ap-| praisers _was taken this week by the Boston Real Estate Exchange. Here- after all members of the exchange testifying in court as to the value of property, must furnish to the exchange complete data supporting their con- }rxusxom which will be available to the | public, it wze announced by the Na- tional Association Real F.st.m‘ Boards. | | The provision was added to the rules (and regulations governing membership |in the exchange in order to establish | the authenticity and accuracy of ap- | praisals made by Boston realtors and | make it possible for their opinions to be_compared and discussed. Its further purpose is to wipe out the feeling of the public that il expe testimony, medical and cngineering, well as real estate, is employed to serve SEMI-BUNGALOW A Real Bargain 7 rooms, bath with shower, lavatory on 1st floor. All large rooms. Lot 371:x157 ft. 2-car brick garage to match house. Open to 9 P.M. Daily 22 Madison St. N.W. WAPLE & JAMES, Inc. 1226 14th St. N.W. North 0962 of 5905 33rd Street N.W. Next to Corner of 33rd and Patterson Sts. N.W, Situated on a bezutiful lot, immediately opposite a Government reser- vation of several acres, is this lovely home of six large rooms and large bath. The construction is the finest and most modern, being of brick and cypress clapboard. The rooms are large and perfectly appointed and deco- rated. Al equipment is modern, including refrigeration, screens and ga- rage. The location is the finest fn Chevy Chase, D. C. Price, $11.850, Open Each Afternoon and Evening and All Day Sunday Phillips & Canby, Inc. EXCLUSIVELY NA 4600 Investment Bldg. 111 | FIRST SHOWING 'SUPERIOR : e CONSTRUCTION New Variety Group of Beautiful ALL-BRICK Homes EXHIBIT HOME—5619 2nd St. N.W. Price $8,950 aibay RS- W. G. Irvin-Built Homes Represent “GREATER VALUE for Your DOLLAR” —Facts Will Prove It!— NOTE THESE OUTSTANDING FEATURES YOUR CHOICE OF 6 OR 7 BIG ROOMS Solid Brick Construction Large, Screened “Sleeping Porch” Siate Mans. 20-1b. Tin Roofs All_Openings Screened Double_Hardwood Floors Pull Width Cement Front Porch Ha: with Brick Columns ‘and. Wronsht Teim_Thronshout tron Raflings Eeception Hall o Living Room = Eadio Antenns ¢ "Lichting Fixtures vacions Diing Koom Boor Lea Freakfase Forch® T BeautifaT Variegaied Tild_Ba with Built.in ' Tub- and “SHOWER" Mastey Bed Rooms, Cedar-Lined tosets, Linen Closeis Some Have a Large SUN PARLOR * and DINING ALCOVE With a Complete VAN Paocries BREAKFAST SET o Lighting Fixtures Frene Darlight Cellags. Toflet Coal Bins and Automatie Hot-Water Heater GARAG! ng @ reality in these Splendid Homes Large, Two-Tone Kitchens il ts le Drainbo: Console” Cabinet "'ulln(hul-!f. Electric nge rigeration Sanitas el These features are not exaggerated—but are Drive oul“l."ll or Georgia Avenue to Longfellow, thence east to 2nd St., or take 14th St. cars marked “Takoma Park”—get off at 3rd and Longfellow Sts., thence east to 2nd. 5678, il $1 6,950 and up Consider carefully the Importance of Delib- erate Thought in purchasing a home! Would vou knowingly overlook? 1. Location and character of neighborhood. 2. Type of construction and cost of upkeep. 3. Architectural attractiveness and resale value. 4. Reasonableness of price and terms of purchase. The builder of this beautiful community has anticipated these necessities for your protection. He selected a tract of ground with all the advan of suburban atmosphere in a convenient, close-in, highly restricted neighborhood Jjust fifteen minutes from downtown. He has built a solid brick home, with the best labor and material, one that will require the minimum of upkeep for years to come. He engaged one of Washington's leading architects, who combined beauty with practicability—a safe step in assuring a resale. His price is reason- able and the terms arranged to help you pay without strain or worry, Inspect Any Time WM. S. PHILLIPS, Builder Phillip Canby, Inc. (Just East of Connecticut Ave. at Fessenden St. NW.) “A Close-in Community of Detached AP Q Bricks R National galtor Investment Bldg. Natl. 4600 ST T2y G S i AR, TR SR * x P