Evening Star Newspaper, April 29, 1933, Page 18

B2 » REAL ESTATE:., ~ THE EVENING STAR, WASHINGTON, CAPITAL SECOND IN 1932 BUILDING City, Reporting $59,927,302 Volume Authorized, Led by New York Alone. With $59.927.302 worth of construc- tion undertaken in the District of Co- lumbia during 1932, Washington is placed second only to New York in the volume of building authorized here last year, according to the Bureau of Labor statistics of the Department of | Labor. During 1932, according to the Month- ly Labor Review of the bureau made public this week, the five cities leading in total expenditures for building opera- tions were New York, Washington, Phil- adelphia, Los Angeles and San Fran- cisco, in the order named. It is the first time Washington has been listed second, although it has been included in the first five for the past three years. Gain Over 1931 Recorded. The Capital is one of a few of the 360 cities covered in the bureau’s re- port which registered a gain in volume of construction over 1931. The gain, aided by the Federal buildings program here, was chiefly in non-residential buiings. Residential structures built here dropped from $20,626,489 in 1931 to $6.502.000 in 1932 The region of South Atlantic States, which embraces Washington, registered decline of 16 per cent in volume of building undertaken last year as com- pared with the previous year, which is substantially less than the drop suf- fered in other sections of the country. some of which suffered declines of more than 70 per cent. Permits for repair work led the number of building permits issued by | the District building inspector during | the last week. The total value of all work authorized was $88,540. Permits iscued included: One-story Brick Stores. Mabel Simon, Woodley Park Towers, owner; David L. Stern Con- struction Co.. builders, 1412 I street; to erect 1-story brick stores, 2608-10-12 Connecticut_avenue; to cost $10,500. C. W. McKendrie, 1738 Hobart street, owner and builder: G. S. White, de- signer: to erect one 2-story brick dwell- ing. 1420 Holly street; to cost $10.000 L. E. Breuninger & Sons. Investment Building. owners and builders; H. L Breuninger, architect: to erect two 2- story brick and tile dwellings, 1740 and 1744 Tavlor street; to cost $7.500 each. Jett Wayland, 4716 Davenport street, owner and builder; William Harris, de- signer: to erect one 2-story brick dwell- ing. 4706 Forty-ninth street; to cost 86,000 Smith Bro. & Co. 1420 New York avenue, owners; G. H. Woolfall, archi- tect; J. W. Jenkins, 1357 South Caro- lina avenue southeast, builder; to erect one 2-story brick and frame dwelling, 4919 Ashby place: to cost $5.500. J. A. Yeager, 200 Raleigh street south- east. owner; Maurice Joyce, 123 Upsal street southeast. builder and designer: to erect one 2-story brick, frame and stucco dwelling, 3348 Brothers place southeast; to cost $5,000 H. Frontaine, 3327 Alabama avenue southeast, owner: D. A. Sills, designer; Silger Construction Co.. 3327 Alabama avenue southeast, builder; to erect one 2-story brick and tile dwelling, 2114 | Thirty-first street southeast; to cost| $4.000 H. A Thrift, Woodward Building, George T. Sant- Mrs. owner and builder; myers, architect; to erect one 2-story frame dwelling, 5925 Third street; to cost $4,000 Mrs. Andrew Anselmo, 1325 Water street, owner; D. F. Callahan, designer; Martin Bros., 1341 Connecticut avenu builders; to erect one 3-story brick ad. dition, make repairs. 2817 Connecticut avenue; to cost $5,900. Georgie A. Ricks, 606 F street, owner and builder; to make repairs, 606 Fy street: to cost $2,600. Glendale Baptist Church, 221 R street. owners and build J. A. Melby, architect; to erect one l-story framc church building. 4504 Gault place north- to cost $2,400. | hters of the American Revolu- | Eighteenth and D streets, owners; | Prescott Co., Inc., 814 Thirteenth s t. builders; to make repairs Eighteenth and D streets; to cost $2,000. Hecht Co., Seventh and F streets, owners; H. E. Rawlett, designer; J. L Parsons, jr., 1427 Eye street, builder; to make repairs, 611 E street; to cost $3,000. J. W. Marriott, 4000 Cathedral ave- nue, owner and builder; Leroy H. Har- 3631RSt.N.W A “Burleith” Residence A beautiful little English brick home, ideally located in one of the most popular and convenient communities of Washington, close to the Western High School. 8ix good sized rooms, one & large master bed room across the front of the house: tile bath, hardwood floors, hot-water heat and a GARAGE. In excellent condition through- ™ $6,950-00 Moderate Terms Arranged. OPEN THIS AFTERNOON SUNDAY FROM 10 TO 6 HANNON & LUCHS NA. 2345 1506 H 8. N.W. (L) New Home c = A A North Cleveland L T Park | Greatly Reduced U 0 in Price to Meet E N Today's Market. Brick construction, semi- detached, large rooms, two baths, 3 porches. Kitchen equipped with latest Oxford eabinets, electrical refrigera- tion, etc. Brick garage. HIGHEST ELEVATION IN CITY. REFINED AND CON- VENIENT NEIGHBOR- Miller. designers and builders. in garage. English Home in Spring Valley Sold ‘ New residence of Earl W. Wallick at 4949 Hillbrook lane, Spring Valley, acquired recently from W. C. & A. N. The dwelling, of English type, has 11 rooms and four baths, with a three-car built- | ris & Co. designers; to erect one 1- story brick addition, 4340 Connecticut avenue; to cost $1,000 Henry Kaspar, 1842 Mintwood place, owner; to erect retaining wall, 1842 Mintwood place; to cost $1,500. W. W. Hough, 1409 Crittenden street. | owner; E. W. Syme, designer; G. Fitch Gardner, 3120 Nineteenth street, | builder: ' to_erect one 2-story brick | addition, 427 and 429 Eleventh street southwest; to cost $1,000 Robert J. Hellmuth, 1213 W street southeast, owner; Maurice Joyce, 123 Upsal street southeast, desfgner and builder; to make repairs, 1213 W street southeast; to cost $250 R. Frederick Hatcher, 3334 Seven- | teenth street, owner; Martin Bros, 1341 Connecticut_avenue, builders: to make repairs, 5502-5504 Connecticut avenue; to_cost’ $350. Mrs, George M. Hulse, 1933 First street _southeast, owner; A. Eberly’s Sons, Inc., 1108’ K street, builders: to nyake repairs, 1933 First street north- east; to cost $100. C.'W. McKendrie, 1738 Hobart street, | owner and builder; G. S. White, de- | to erect brick garage, 1420 Holly street; to cost $400. | Sisters of Charity. St. Rose's School, | 1878 Phelps place, owners; John Hen- derson, 1135 8th street, builder and de- signer; to make repairs, 1878 Phelps place; to cost $500 L. E. Breuninger & Sons, Investment Building, owners and builders; H. L. Breuninger, architect; to erect two| frame garages, 1740 and 1744 Taylor | street.: to cost $400. Blanche B. Goodwin, 216 V_street | northeast, owner and designer: W. Ward, Manassas, Va. builder: to erect one 2-story brick addition, 216 V street | northeast; to cost $750. | Jett Wayland. 4716 Davenport street. | owner ang builder; William Harris, de- signer: to erect N Forty-ninth street; to cost $350 William Limerick, Forty-fifth and | Benning road northeast, owners; to| erect canopy, Forty-fifth street and Benning road northeast; to cost $350. Annie S. Hughes, 1845 Kalorama road, owner; J. W. Powell, 628 Sixth street northeast, designer and builder; to make repairs, 1845 Kalorama road; ost $100. mv?mm‘: F. Nash, 1816 Bryant street | northeast, owner and designer; 8. NOW OPEN For Your Inspection you here. Y sire for hon this charmin, stantially bu ished attic; room, out Georgia Ave. or 16th St. to Silver Syring. Turn right on first sireet under railroad via- duct to property. clubby recre SILVER SPRING, MD. Glenbrook Road EDGEMOOR, MD. 9 Hilltop Rd, Sligo Park Modern i basement, a roomy built-in garage and ' 25 YEARS AGO | .'n Il Local Real Estate l “Invitations were issued today for the corner stone laying of the new Bureau huginess property hich of American Republics Building, e is to occur Monday afternoon, M: Star of Friday, May 2, 1908. “The placing of the initial stone in ' «Among the structure which will headquarters or offices of 21 different street to J apparel store . Strauss Co American nations in this Capital ity will be one of the most notable in cur- closer relations of friendship and com- her sister nations of the new world Shannon & Luchs | Occupants for Several Pieces |DOWNTOWN BUSINESS LEASES ARE ANNOUNCED Co. of Commercial Property. Lease of several pleces of downtown | was consummated last menth by Shannon & Luchs Co., | at 3 o'clock,” says @ news item in The | the firm's business property leasing de- partment reported today. S. Standard Millinery Co, as a women's isting home mortgages the principal ““The President of the United States, | shoe store the Secretary of State. the Amb: or | of Brazil, Cardinal Gibbons, Bishop Cranston and Andrew Carnegie will participate in the exercises and the program will also include the reading of specially cabled messages of congratuls tion from the presidents of all the Latin American republics. * * * “The cost of this Pan-American struc- | g ture will be approximately $1,000,000, of | § which Andrew Carnegie contributed $750,000 and the several American re- '§ publics about $250,000. The old Van ark, which was acquired some | Ness time ago for the purpose, will afford building and its surroundings and it | will have a frontage of about & square on the White lot on one side and an | equal frontage on Potomac Park on the | other side. The building will be entire- | Hill quarries, one of the richest in the | Stat Nash. builder: to make repairs, 1516 Ninth street; to cost $300. Charles H. Harris, 1539 Sixth street, owner; L. W. Giles, architect; Edward Yorke, builder; to make repairs, 1539 Sixth street; to cost $100. Richard D. La Garde, owner; to make repairs, 2527 Belmonts to cost $590. . Hills awaits “ou will experience a new de- me ownership when you see g English type home, so sub- ilt and ideally situated. There are three bed rooms, two baths and fin- pleasant surprise living room, dining large < tric Kitchen; in the El ation room. No street paving assessments. Walter P. Baliles Owner & Builder PHONE SILVER SPRING 1-F-31 A Suburban Residence of Indescribable Charm ... | almost five acres of ground for the|§ @ frame garage, 4706 ly of Georgia marble from the Marble |@ At the Top WESLEY HEIGHTS 512,500 A real sacrifice. Seldom has such a remarkable value ever been offered in Washington's finest subdivision. exceptional opportunity to purchase a modest home amid beautiful surroundings. Here you will find a most comfortable six-room home with huge enclosed sleeping porch, large living porch, heated by OIL and equipped with FRIGIDAIRE. addition_there is a 3-car garage with STUDIO or playroom Beautifully landscaped lot 50x150, trees and shrubs. In new house condition throughout. 4540 Lowell Street Take advantage of the Unusual and Buy Now. The Best Value over offered in Wesley Heights. Open Saturday & Sunday Lansing Valk Realtor above. VACANT. Obtains properties by adequate provision for the facilita- house the |leased were the premises at 1110 F | tion of credit and by the stabilization rtorius &s a women’s | of those conditions which effect long- 5 G street, leased by from Fred C. Hays the proposed Federal Mortgage Bank rent international affairs because it for sale of women's apparel: 1312 G would be open to any responsible per- | will emphasize in a formal but none | street, leased by Harry W. Olney from | son or corporation engaged in the busi- | the less real way the development of |S. Jones Hill. for use 8s a cafeteria, | d and lease of part of the premises at merce between the United States and | 1226 G street by S. Seligman from the | 1. D. C, SATURDAY, APRIL 29, 1933. URBAN MORTGAGE BILL PROPOSED: Federal Agency Urged by National Association of Realty Boards. ganization needed to pave the way to re- covery, the association says. Financing of the proposed institution, in addition to stock subscription re- quired from member institutions, would | be by the issue of bonds of the bank, with interest guaranteed by the United States, using present bond issuing power of home banks. As an emergency pro- vision the bank would be given authority to take over mortgages from its mem- bers, giving its bonds in exchange. Mortgages so taken, the bill provides, ' must first be adju: as to term and | interest rate. The adjustment may be | made over & two-year period, members | getting a portion of the benefit at once, the rest on completion of the new ar- | rangement. Conciliators would be set| up to investigate cases in which the| martgagor is unable to maintain his! mortgage and to endeavor to effect ad- | | justment of interest and principal in | such cases. Opportunity of Loan. ‘The bill as drafted provides that any home owner whose home comes within | the limits of the proposed act, and who | is unable to obtain money on a home mortgage from any other source, may | obtain the same from the bank of the district in which his home is located on tne same comparable terms and condi- tions as provided for other borrowers. This provision is no longer to be effec- tive when the Federal Government has had its stock retired. It would be the aim of the proposed | act to effect reasonable reductions in interest and carrying charges of mort- gage indebtedness and to prevent the recurrence of emergencies in connec- tion with such mortgage indebtedness, term credit relations. Membership in ness of making urban mortgages. Discount limit would be as follows Home mortgages, amortized—Ex- (on_single or | two-family homes) not exceeding 18 It is an In Investment Builds years of life, amortized at the rate of not less than 2 per cent per annum (excepting that during the first three years of the mortgage no amortization need be provided), might be discounted up to the face thereof, but not exceed- ing two-thirds of the fair worth of the rroperty. 2. Low-cost housing, home mortgages, unamortized—Existing home mortgages unamortized not exceeding five years in life, and existing home mortgages amortized at 2 per cent not exceeding 15 years of life, on low-cost multiple dwellings, may be discounted up to the face thereof, not exceeding 55 per cent of the falr worth of the property. 3. All other classes of sound mortgages on improved property may be discounted HP to the face thereof, but not exceeding one-third of the fair worth of the property. 2 2 S S Kraft Paper for Building. A new thin, flexible insulating ma- terial consists of kraft paper faced on | each side with waterproofing compound | and bright metal foil. It is said to insulate to the same extent as 20 to 40 inches of concrete, to be fire-re- tardant, wind and vermin proof We Want You | To See Our 1933 Home 1362 Sheridan St. N.W. Built By Harry Wardman *9,350% 7 BUILT—3 LEFT ® & Rooms @ Recreation ® 2 Baths @ 2 Fireplaces ® Weather- stripped And details found only in Homes Built to Order D. C. Developing Co. OWNERS 1512 K St. NW. DI. 3830 Sacrificed! For an Estate New detached brick home, never occupied. 830 Richmond Ave. Md. (Near W Reed Hospital) Center-hall plan. with beautiful, large rooms. The living room is par- ticularly delightful, having an open fireplace and adjoining a porch that overlooks the large side yard. The kitchen is completely modern, hav- ing the latest cabinet equipment, electric refrigerator and gas stove. Each of the three large bed rooms has double exposure and abundant closet space, There is a tile bath with shower. The attic is very large. Garage is built in. Easy terms avail- able to responsible purchasers. If you are looking for the most value for your dollars be sure to see this house today or tomorrw. ROBERT W. SAVAGE 717 Unlen Trust Bids. Nat. 6799 Direct Drive out Arst turn right ai District line and squares to house. Georgia Ave., street morth of then proceed three 5418 Edgemoor Lane (Edgemoor, Md.) Situated on a lot 95x150 feet. Don't fail to come out and see this fine home. OPEN ALL DAY SUN]I)AY. H. E. BROCKSON (Real Estate) Wi. 4832 625 NICHOLSON STREET N.W. MARIETTA PARK 7002 —take advantage $10,950 ARLINGTON, RD. BUILT BY A. T. NEWBOLD BOSS & PHELPS A word to the wise I8 [Fa ) sufficient “-_ir¥ivt Never before have such values been offered in Washington. and now, with inflation a probability, it may never be done again. REAL ESTATE. —————= TWO-STORY HOME SOLD A modern two-story brick home at HEADS CAFRITZ SALES tment of William Schwartz W‘:r mhm d brok 1 rect an erage sales activities of the Cafritz Co. :fu an. | 1317 Maryland avenue northeast was nounced this week. Mr. Schwartz is|50ld this week to Mrs. Wameta Rems- well knewn in Washington real estate | burg. circles for his activity in the small homei The property, formerly owned by fleld and has been a member of the|John M. and Lorraine E. Daly, wag sales force of the Cafritz Co. for the|sold through the office of L. I. Gra- past seven ye: ‘atte, realtor. 5447 30th PL. NW. (Just North of Military Rd.) Reduced $1,500 Open for Inspection New home of English design priced below reproduction cost. 3 bed rooms, all large; 2 magnificent baths, finished room in attic. Recreation room with open fireplace. A masterpicce of a kitchen. Wm. H. Saunders Co., Inc. 1519 K 8t. N.W. 6225 30th Street NSPECT TODAY THE LOWEST PRICED, NEW, ALL- I BRICK HOME, containing large living room with open Three very attractive bed rooms, tiled bath with shower, celotexed third floor. Slate roof, copper screens, copper gutters and downspouts. Garage. Lot 150 feet deep with beautiful shade trees. Chevy Chase, D. C,, 38,850 fireplace, dining room, model kitchen, electric refrigeration. High elevation. Close to transportation. Open Saturday and Sunday goeach. Eost on Rittenhouse Sireet 1o 3017 Stoeet m ome and ome-half blocks to Dproperty EDW. H. JONES & CO., Inc. 5520 Conn. Ave. Cl. 2300 The time to buy is now—as evidenced by this Newly Completed Home in beautiful EDGEMOOR, MD. OPEN ALL DAY SUNDAY DAILY 2 to 6 4 BED ROOMS—2 PERFECT BATHS 2.CAR GARAGE—LOT 60 FT. FRO From Junction of Wisconsin Ave. and old Georget t Bethesda Bank,” through. Edgemcor Lane. 1 lock Cand ioht. BE WISE of this remarkable opportunity before it is too ldte. In Mount Pleasant Rock Creek Park, with all its advantages, at your back door—the most modern homes in town—including 99 reasons to satisfy you, and only— $8,950 Convenient Terms 8 Rooms—2 Baths Exhibit home completely furnished by Nachman Furniture Co. Drive out 16th Sireet to Park Road and go west to 20th St. (Walbridge PL.). Finest location in town. OPEN DAILY FROM 9 TO 9 . Park Terrace POR J “fi’ esley Buchanan,]Inc. Realtors Built by Shapiro Construction Corporation HOOD; NEAR THE NEW PHOEBE HEARST SCHOOL. 3612 Veazey Street N.W. Open Sunday and Daily to 9 P.M. Wm. M. Throckmorton 208 Invest. Bldg. DI. 6092 —now offered at an amaZingly low price. Its ample grounds contain 28,262 sq. ft.—with tennis court, fish pond, trees and spacious lawns. The house has been newly decorated and is in perfect condition. First floor has a lovely living room, dining room, library, kitchen and extra lavatory. Four mas- ter bed rooms and three baths comprise the second floor, with two rooms and bath on the third floor. All modern equipment, electric refrigeration, oil burner and radio outlets. Pully screened, with awnings. Recreation room and lavatory in basement. with @ fifteen-year Metro- politan _ Life Insurance Co. First Trust—assuring mazi- mum economy and _protec- tion to the home buyer. Priced at 59,750 to Sell Today THIS BRAND-NEW CENTER-HALL HOME IS FULLY DETACH- ED, situated on a large level corner lot right in the finest section of beau- tiful Marietta Park, handy to every home requirement. There are six unusually large rooms, all finished in natural hardwood trim with newest decorations, two pretty baths, fireplace, model kitchen with tabletop range, and Oxford Cabinets; large attic, and the entire house screened, weather-stripped and ready to occupy. A detached brick garage and numerous prefty shrubs add to the beauty of the large grounds. Drive out 7th St. to Nicholson, four squares above Kennedy OPEN—LIGHTED RM HOOKER Open for Inspection blocks to property. on WEAVER_B_B Distliot AR, o REALTORS