Evening Star Newspaper, May 18, 1935, Page 17

AMORTIZED LOAN PLANOF F.H.A.IS HELD SUCCESSFUL Insured Mortgage Applica- tions Total $3,000,000 in District. NEW RECORD IS SET DURING PAST WEEK %0 Persons Make Request for $455,600 to Build or Re- finance Mortgages. BY JAMES Y. NEWTON. The chief purpose of the national housing act—to reform the entire system of home financing along lines of amortized loans of long term— apparently is being worked out in Washington at a surprisingly rapid | rate, It was announced today that ap- plications for insured mortgages to- taling more than $3.000.000 have been received in the District «office of the Federal Housing Administration since the first of the year. In each instance the administration has carefully ex- amined the application before accept- ing it, and has at least accepted appraisal fees from all the applicants. In many instances commitments for mutual mortgage insurance have been issued. Insurance Phase Success. The flow of applications in recent weeks has been amazing. The success | of Title II, the mortgage insurance | phase of the housing act, has surpassed | the expectations of even its most en- thusiastic supporters in Washington. Hundreds of individuals have been coming in the local office, and the speculative builders and land develop- ers have been bringing in many more. H. H. Dearing, F. H. A, director in the District, announced today that a new record was set during the past week, when 70 applications for insured | mortgages were accepted by his office. | Thirty applications came in yesterday, setting another record, that for a sin- gle day's business. A total of 395 home owners and prospective home owners were interviewed in the week by Dear- ing’s office $455,600 Requested. | The 70 persons from whom applica- tions and appraisal fees were accepted | during the week requested $455,600 with which to build or to refinance their present mortgages. Dearing stated that approximately 35 per cent of the application. received so far have been for new construction. The director stated that Washington financial institutions have been offer- ing excellent co-operation in the work, and that large insurance companies are anxious to invest large sums in Washington real estate. There are ample private funds available. Dear- | ing believes, to take care of the tre- | mendous volume of applications pour- | ing in. LOW-COST HOUSING TOPIC OF SPEAKER | B. M. Petti of P. W. A. Division| to Address Real Estate Meeting Monday. Low-cost housing projects of the Emergency Housing Corp. will be discussed by B. M. Pettit, acting as- sistant director of the Housing Divi- | sion, Public Works Administration, at | Home .building is booming again in Upper left: New home of Dr. Daniel L. Borden, police and fire surgeon, at 2910 Woodland drive, Massachusetts Avenue Park. The home, of modified Georgian design, contains 15 rooms and 4 baths. It was built by Detlow M. Mar- thinson. Upper right: Richard A. Akers, commissioner of the United States Court of Claims, has pur- chased this house, at 7008 Hamp- den lane, Edgemoor, Md., from G. F. Mikkelson & Son, builders. It is a center-hall stone residence of five bed rooms and three baths. Below: 6750 Glenbrook road, Edge- moor, sold by Louis E. Justement to Mrs. Helen Y. Ryan through the offices of Phillips & Canby. —Star Staff Photos. BUILDING BOOMING IN PRINCE GEORGES Permits Issued for 21 Homes in County Since May 1, Inspector Shows. BY GEORGE PORTER, Btaff Correspondent of The Star. HYATTSVILLE, Md. May 18.— Prince Georges County. Along with other jurisdictions 1n the Washington area, the county is enjoy- ing the largest amount of construction activity in years. Since May 1, Building Inspector George F. Adams has issued permits | for 21 homes. | Other important structures being erected in the county include a $47,000 post office here, a $30,000 school at Colmar Manor, a $7,000 apartment house at Mount Rainier and a $15,000 greenhouse at Mount Airy, historic Colonial estate now owned by Miss | Eleanor Patterson, Washington news- | paper publisher. | Boswell, president of the Board of County Commissioners, is erecting the apartment house at Mount, Rainier. He also obtained a| permit this month to build a $8,000 nouse in that town. | Other permits were issued to the WASHINGTON, D. C, & 26 LOW-COST FLATS BEING CONSTRUCTED Series Is Located on Evarts Street by William Gordon Buchanan. | A series of 26 low-cost apartments or flats are being built on Evart street | northeast, between Fourth and Sixth | streets, for William Gordon Buchanan, it was announced today. A The housing project has been insured by the Federal Housing Ad- ministration and are being built by Eugene H. Phifer. Each apartment contains a large living room, dinette, bedroom, a tile bath with shower and tub, a large kitchen, Each contains an individual gas heating plant regulated by a ther- mostat. There is a large sleeping porch for each, and they are so ar- | ranged that there is a portion of the a meeting of the Washington Real|goowing: G. L. Harrison, $4,000 | Yard for every apartment, Estate Board to be held in Wardman Park Hotel on Monday at § p.m. | Rufus S. Lusk, secretary of the| ‘Washington Taxpayers’ Protective As- sociation, will outline to members of | the board a study of the proposed so- | cial security legislation for the Dis- trict of Columbia, presenting some facts demonstrating how such legisla- tion will affect every employer and property owner. Karl E. Jarrell, chairman of the board's Program Committee, will an- nounce plans for the annual Midsum- | mer outing of the organization to be held next month. The meeting is open only to active | and associate members of the board. | 17 FORECLOSURE SUITS INSTITUTED BY K. 0. L. C. Loans Closed on Maryland Homes | Total $39,205,922, With Average of $2,900. BALTIMORE, May 18.—The Home | Owners’ Loan Corp. in Maryland has instituted foreclosure proceedings | against 17 of the 13,537 properties on | which loans have been made. 1 Proceedings in 12 of the cases were #tarted because the property had been | abandoned by the borrowers. Of the | 17 suits all but two are against Balti- more owners. | Loans closed on Maryland homes | total $39,295,922 with an average loan | ©of $2,900 and it is said about 20 per cent of these loans are delinquent. INSPECT 3630 Jocelyn St. See for yourself the advantages of a home built by the owner for | | | | | | | | house, University Park; W. L. Brown- ing, $2,000 house, Riverdale aistrict; . H. Cannon, $4,000 house, Hyatts- ville Hills; J. A. Wells, $3,000 house, | Seat Pleasant; G. Noll, sr, $2,500 house, Seat Pleasant. J. W. Miller, $5,000 house, Univer- sity Park; A. R. Yancy, two $3,000 | houses, Hyattsville Hills; H. F. and | Sarah Pohl, $3,000 house, Seat Pleas- | ant; Tony and Mary Astore, $2,500 | house, Tuxedo; A. J. Galeski, {wo $2,- 800 houses, Riverdale Park; E. J.| Carver, two houses in Decatur Heights, | one for $4,000 and the other for $3,600. Henry Pressby, $2,500 house, Wilde- croft; Louis T. Yancy, $4,000 house, University Park; Lena. Wolfinger, | $4,600 house, Brentwood; R. F. Bell, | $3,000 house, Mount Rainjer; Louis | Carter, $2,000 house, Colmar Manor. | Permits for construction of houses in the rural area have been issued by the county commissioners to: Robert and Ruth Downing, $5,000 house, Nottingham, and Frank R. Acken for a $2,500 house at Silver Hill. P. W. Kolbe received a permit to erect a $2,000 bank barn. N T S T TSI ORORR S For 2 Families Eight of the apartments are nearing Pre Showing Brick Bungalows $4,950 * Large Living Room * 2 Bed Rooms * All Modern Bath and Kitchen Equipment * Hot-Water Heat * Detached Garage * Lot 50x132 $450 Cash, $47.50 Monthly Drive out Wisconsin Avenue or Connecticut Avenue to Bethesda. Turn left on Old Georgetown Road and drive about 1Y miles to SOUTH- WICK STREET in HUNTING- TON TERRACE. Henry J. Connor, Inc. 726 Jackson Place MEt. 4568 5929 3rd St. N.W.-$8,950 (Near Corner Peabody) A new and wonderfully modern all-brick home. Containing 6 large rooms completion, and more than 60 appli- cations have been received for these. The average rental for the apartments will be'$37.50 a month. Hrae & 1L Realty Firm Incorporated. BALTIMORE, May 18 (Special).— Charles G. Page, Clarence Soper and M. Carol Fleagie of this city have in- corporated Reliable Equipment, Inc., of Bethesda, Md,, to deal in real estate, etc. The capital stock consists of 100 shares common stock, no par value. Marvelous Buy at 379650 4600 Highland Ave. New all-brick corner house, on lot 60x100. Slate roof, double porches, built-in garage, electric re- frigeration, large living room, open fireplace, weather-stripped and screened throughout. Upstairs in- sulated with Balsam wool. Open Daily and Sunday Continue north of the Bank of Bethes- da, turn right on Highland Avenue. GOSS REALTY CO. J. S. Eaton—Sales Dept. 1405 Eye St. NA. 1353 NEW DE LUXE Paint Marks Mower. Painting the handle of a lawn- mower in a distinctive color scheme | has the same value as branding cat- | = tle. It marks the mower as definitely | yours and consequently it is not so easily “lost” amoung the possessions of neighbors inclined to borrow. Be- sides the paint coating keeps the | wooden handle in good condition— smooth and _splinterless. See These New Detached Brick Homes $8,950. Terms These are the most unique homes we b ever d oppol y 1di ELECTRIC KITCHEN HEALTH HOME Adiacent to Fort Siocum Park Sample Open to 9 P.M. Daily SATURDAY, MAY 18, 1935. | First Silver More than 5000 persons already | have inspected the first Silver Star | home of 1935 at 6501 Barnaby street, | which tomorrow will enter its fourth | and final week of public exhibition Crowds have poured out to the at- tractive early American style home each day since the opening April 28. People from all over the metropolitan area have indorsed the house as a | model in construction, design and arrangement. The furnishings of antiques also have drawn their share of attention. ‘The home was built by the Barnaby | Woods Development Co., of which | Edward R. Carr, well known in Capital realty circles, is president. It is lo- cated in a beautiful, wooded section of East Chevy Chase, a short dis- tance from Rock Creek Park. | Sarah Willoughby Moody of Be- thesda, Md., has furnished the home throughout with antiques that suit | perfectly the style of the dwelling. l | It is situated on an unusually large | | lot which in the rear reaches back |into a parklike wood, through which | | a small stream runs The house has | three bedrooms, two baths, large | living room with fire place, neat and compact kitchen, dining room, and a | large living porch | The house was selected for the Silver | LIVE IN The Suburb of Contentment HOMES ON 1, ACRE SITES OR MORE TWO NEW HOMES NOW UNDER CONSTRUCTION Be Sure and Inspect Today Directions—Out Wisc line road to Luzmanor signs. Just 25 minutes from the heart of the city. 5925 2nd Pl. N.W. Out_any_Street to Peabody St. N.W. to 2nd Place. You will see our sign. WAPLE & JAMES, INC. 1226 14th St. N.W. Di. 3347 STUDIO HOMES Built by J. B. Tiffey Beautifully Furnished 320 JEFFERSON ST. N.W. Open 9 AM. to 9 P.M. Daily ERE is a new model studio home, completely furnished, with a delightful new studio living room, dining room arrangement never before inaugurated in moderate priced homes...a completely MARIETTA PARK $8,950 Attractive New Brick Home 40 MILMARSON PLACE N.W. Out Kansas Ave. to Madison St., right to 1st., left half block. OPEN UNTIL SOLD lavatory and bed ro: recreation room. and bath on 2nd floor minute bus service to downtown. 1 block of house. Nice yard and garage. STROUP REALTY CO., 1427 Eye St. NNW. DI. 0368 7 rooms om on 1st floo 3 bed 5,000 Persons Have Inspected ) | eral Star Dwelling Star award by The Star's special | committee of experts in all phases of home building. This committee is| headed by James Taylor of the Fed- Housing Administration, and | formerly chief of the division of hous- ing of the Department of Commerce. | It may be reached by driving out | Connecticut avenue to Nebraska ave- nue, right on Nebraska avenue to Utah avenue, and left about five blocks to Barnaby street. The house is lo- cated about two blocks from the in- | tersection of Barnaby street and Utah avenué, PAGE B—1 31 DWELLINGS INLIST OF NEW LOCAL BUILDINGS Home Construction Activ- ities, However, Lower Than Week Ago. $385,757 VALUATION OF VARIOUS TYPES 142 Permits of Week’s Period Set Record of Last Few Years. Modernizing Strong. Though home construction activ- ities in the District showed a sharp decline from the record figure of last week, the building inspector’s office announced that permits for 31 single- family dwellings were issued during | the present week. The valuation of all types of build- | ing permits granted during the week was $385,757, approximately $250.000 under last week, but still well above the average for the entire year. Last week permits for 72 single-family dwellings were issued, In number, the permits for the week—142—set a record for the last few years, as a large number for mod- ernization work were included in the list. Two Small Apartments. Permits for two small apartments topped the list this week. One was issued to Waggaman & Brawner, Inc., 1700 I street, owners and builders, for a three-story brick and tile apart- ment at 2625 Third street northeast. D. L. Stern was named architect. The project will cost about $35,000. The other apartment permit was is- sued to the Eastern Construction Co., 2444 Eighteenth street, for erection of a three-story structure at 710 Madison street, to cost approximately $30.000. William W. Cook was named designer and A. J. Roach, builder. D. C. Gruver, Investment Building, (Continued on Page 4, Column 1.) he Philippines is composed of 7,083 | islands and | 504 Goddard Rd. Battery Park, Md. 9,450 New 7-room, 2-bath detached brick home on large lot, 50x150 A home that represents the ut- most in planning and construc- tion. A value you shouldn't miss. Daily 2-6 Sunday 10-7 Open Floyd E. Davis Co. Realitors Nat. 0352 733 12th St. N\W. Exceptional Value Open and Lighted Daily 'Til 9 P.M. Cleveland Park $10,500 Easy Terms 3608 Ordway St. N.W. & sunny rooms. ° brick home elec. T vard. brick_garage GLOVER PARK $7,950 Zasy Terms 2434 Tunlaw Rd. N.W. Fine Located Corner Brick Home $8,950 ms 2 enclosed porches. tile 3 oil heat. elec. re- on. mice yard, garage BRODIE & COLBERT, Inc. REALTORS 1707 Eye St. Na. 8875 “fE WISH to call to your attention at this time a nu priced houses under construction. and bungalows mber of moderately now Some nearly com- pleted in Edgemoor and Battery Park sections. slate roofs. Every ience. fine trees. to $7,950.00, with We shall be glad to Finest brick construction, up-to-date conven- Some of the lots are shaded by Price range from $7,250.00 convenient terms. have you call us for further information. CYRUS KEISER, Jr. 5211 Wisconsin Ave. CL. 5371 No. 5012 ' Massachusetts Avenue A New Detached Home of Stone and Brick Construction Built for Permanancy, Comfort, Convenience Priced Attractively for Immediate Sale coat closets— akfast room— master bed room, private bath—second bath between the other two bed rooms —full sized attic—furred and completely insulated walls—oil heat—electric refrigerator—brick garage—Ilot 150’ deep with trees. Open Saturday & Sunday Until 9 P.M. PAUL T. STONE, INC. 3412 Rittenhouse St. Clev. 9142 his own use. Six rooms, 2 baths, built-in ga- rage, side porch, rear dining porch, 2nd floor sleeping porch, big attic. All large rooms. Plenty of big closets. Close to schools, cars, etc. PRICE REDUCED TO SELL—OWNER LEAVING CITY Open Sunday 2 P.M. Until 6 P.M. Drive east {rom Conn. Ave. fo Jocelyn St.; 1% squares to house. HARRY B. PITTS CO. 1015 15th St Met. 0100 | 8 Rooms—2 Baths—2 Kitchens $9,250 332 EMERSON STREET N.W. An unusual value in an all-brick Petworth home with concrete covered front porch, on a high elevation close to schools and transportation. Arranged for 2 families, 8 rooms, 2 baths, 2 kitchens, recreation room, built-in garage. Fireplace, con- cealed radiation, paved street and alley, hardwood floors and natural trim throughout, Frigid- aire. Convenient terms. | Open for Inspection Saturday and Sunday Until 9 P.M. 1404K CAFRITZ Di. 9080 AR A SV R I SR N modern kitchen. . .breakfast room and dining porch. .. big basement recreation room with paneled walls, fireplace and open porch...furnace room with Na- tional Gas Furnace . . . three big delightful bed rooms, open porch...two exquisite tiled baths plenty of closets. Fine location...high elevation...one block from bus, car, stores and near schools and churches, DRIVE OUT NOW Out 4th St. or Kansas Ave. NW. to Jeflerson St. and direct to Model home at 320 Jefferson. BEITZELL] REALTOR Tower Bldg. and a large, wide and deep lot, modern in every respect. Detached garage, open fire- place, slate roof, lovely bath, large bed rooms, insulated attic and electrical refrigera- tion—beautiful kitchen. ‘Transportation, schopls, Government park and stores are but a few steps away. APPLIANCES THROUGH CO-OPERATION WASHINGTON GAS LIGHT CO. Stone-Built Homes Are Better Built / Inspect Saturday Afternoon and All Day Sunday Phillips & Canby, Inc. Na. 4600 Investment Bldg. D!