Evening Star Newspaper, January 16, 1937, Page 27

REAL ESTATE. THE EVENING STAR, WASHINGTO:. D. C., SATURDAY, JANUARY 16, 1937. TAX LTS DUE ON REAL ESTATE Legislatures Expected to Pass Laws or Strengthen Present Statutes. ‘With State Legislatures convened or about to convene in 45 States, and with nine States now having an over-all 1imit on the real estate taxation of the National Association of Real Estate Boards from its 600 members in 450 communities, indicate that in some- thing like a third of the States legis- lation will be asked to create such a tax limit or to strengthen the existing limitation. In a number of States this move- ment will be supplemented by request for specific legislation to base the valu- ation of real estate for tax purposes on its warranted annual productivity, utility or income. The association proposes that in every State taxation of real estate property be based on capital value established solely through warranted annual productivity, in- come or utility of real estate. Follow- ing a long study it urges that there be set up in each State an overall limit on the rate which may be levied on real estate for all purposes, suggests the assumption of school costs in greater measure by the State, as one effective measure for widening the tax base, and asks for effective budget control. Nevada Amendments. Nevada adopted at the recent No- vember election a constitutional amendment limiting the total tax which may be levied against real estate for all purposes, including levies for bond payments, and so becomes the ninth State to set such a limit. In this agricultural and mining State the limit adopted is 5 per cent on the true valuation. The amendment was adopted by popular referendum. In Pennsylvania resolution to place before the electorate a constitutional amendment for overall limitation, ap- proved by both houses of the Legisla- ture, must again pass the Legislature and is expected to go on the next State ballot. The real estate groups of the State led the movement for the amendment. In Washington, where the people by a four-to-one ma- Jority at the November election re- enacted the statutory limitation, in- dorsing it for the third time in successive biennial periods, a bill is being drafted that would write the limitation into the Constitution. New York's Legislature as well as that of Massachusetts is expected to have a limitation bill, supported by a wide number of tax-paying groups. In Connecticut the Taxation Committee of the State Real Estate Association is preparing a bill for presentation at the coming session of the Legislature for a constitutional amendment that would combine a limitation of the total tax rate on real estate with a provision that valuation of real es- tate for tax purposes shall be estab- lished through the warranted annual productivity, income or utility of the Teal estate. In Minnesota real estate groups are opening a campaign for action at the ooming Legislature for limitation of the total tax rate on real estate. In New Jersey, Maryland, Illinois, Wis- consin, Texas, Florida and Utah a strong movement is on for a limitation law. States where a limitation meas- ure is under discussion include Iowa, Kansas, North Dakota and Arizona. May Lower Limitation. Rhode Island, the earliest State to place a limitation on the total real estate rate, is expected to have before the coming Legislature a proposal to lower the 2% per cent limitation and to include a provision for assessment on the basis of warranted produc- tivity. Ohio, which limits its real estate tax rate to 1 per cent, is study- ing a proposed amendment of its assessment laws to require valuation on the basis of warranted produc- tivity. Oklahoma is discussing possi- ble rewording of its limitation law to strengthen the measure and to this end is considering bringing in the principle that in valuation for tax purposes the income value should be a major consideration. Indiana is planning to eliminate the “emergency” loophole in its limita- tion of the total real estate rate, and ‘Attractive Home in Colonial Village A view of 1800 Plymouth street, Colonial V It contains 7 rooms, 4 baths. Alsop by Paul T. Stone, Inc. New home at 2830 Rittenhouse street, Chevy Chase, D. C., which has been purchased by Mr. and Mrs. Arthur A. Rowland from Albert E. Wright, builder. The sale was made through the office of Phillips & Canby. —Star Steff Photo. law which makes the earning power of real estate or its use value one of the three considerations which shall be used in establishing value for tax purposes. EXPERT GIVES ADVICE FOR FIRING FURNACE Maryland U. Engineer Says Ashes Must Never Cut Off Free Cir- culation of Air. When the house has been made as weather tight as possible and perkaps | insulated for still greater warmth, the | next job is to run the heating plant efficiently, it is pointed out by Ray W. Carpenter, specalist in agricultural engineering for the University of Mary- land Extension Service. No matter what kind of heating system is used, if the fuel consumed leaves ashes, these should never be al- lowed to pile up close to the grates, says Carpenter. Unless air circulates freely under it, the grate will overheat and warp, often becoming difficult to operate and wasteful of fuel. Stove and nut anthracite are ideal fuels for heating the home, but usual- 1y cost much more than soft coal. If bituminous or soft coal is used, best results are obtained usually when a deep fuel bed is maintained. Stir the fire and get it hot before adding new fuel. Before firing a new charge, push partly burned fuel back to the sides of the fire box, heaping it high. is emphasizing enforcement of the | Place fresh fuel in the hole in the hot 1305 Locust Road N.W.—in Shepherd Park Now Let’s Look at THIS New Home THICKLY wooded land in a well-established community—a home standing out from the others around it, even though many of the neighboring homes are larger and cost more—such is an unusually fortunate combination. And that is what you find here. This home is open today for the first showing. First notice the pleasing architecture in the photograph above. Then let’s go inside. You enter the living room, big, light ond airy. It has four good sized windows on three sides of the room, a large, homey fireplace, and an unusually convenient coat closet. The Dining Room is too good for words. Notice particularly the recessed wall, just made to show off your sideboard—this is different. Isn‘t the wall paper stunning? And the Colonial lighting fixtures, too? Don’t overlook the chair rail and the hidden radiators. The Kitchen. Painted in bright, sunny colors, with a comfortable breakfast nook. Built-in cabinets, arranged for efficiency; electric stove and refrigerator. Really the best arrangement imaginable. Upstairs. Three bed rooms, two unusually large, and one smaller. Plenty of closets in all. Two modern bath rooms, tub and shower. Finished attic with windows—could be used as an extra room. fuel bed, making it level with the heaped up, burning fuel. B PO R Furniture Polish Method. For furniture which has dried out s0 that it will no longer take a polish, prepare a mixture of three parts of linseed oil and one part .turpentine. Apply with a soft cloth, let it stand for a few minutes and wipe with cloth dampened with a mixture of alcohol and water. Then you can polish it easily. Suburban Home 18 LITTLEFIELD AVE. HYATTSVILLE, MD. A most desirable home on large corner lot in best resi- dential section. Six rooms and bath. It will appeal strongly to you at $5,950 Long-Term Financing MOS REALTY COMPANY TOWER BLDG. MEt. 1776 EVE. & SUN., SHEP. 3742 i I illage, which was built for Mr. and Mrs. David H. Robert K. Smith designed it. —=Star Staff Photo. DIVISION OF ROOM Paint Dado Around Base of Wall and Add Bookcases. A clever method of dividing a room that has to be used both as living and dining room consists of painting a low white dado around the base of the wall and building white bookcases out into the room the same height as the dado. These bookcases set off the corner of the room to be used as a dinette. This division is further ac- cented by having a different shade of brown carpet than is used for the balance of the room. The upper walls are painted sand color, while the modern furniture is in natural dark walnut, varied by some bleached pieces. The window curtains are sand color edged with coral red. GENTRAL REGION MEETING 15 SET Washington Realtors Will Be Among Those Going to New York. ‘The first convention of realtors of the Central Atlantic region, which includes Washington, will be held in New York City in May, the National Association of Real Estate Boards an- nounced today. Dates for the con- vention of the Great Lakes region and the North Central States also were announced. The board of directors of the asso- ciation have been invited to hold their second quarterly meeting of the year in connection with the Central At- lantic regional convention. The national realtor year opens when President Walter W. Rose, Or- lando, Fla, turns the gavel over to President-elect Paul E. Stark of Mad- ison, Wis,, in St. Louis this month. Regional conventions of the associa- tion so far scheduled are dated as follows: Louisville, Ky, March 19 and 20, convention of Great Lakes region, in- cluding 5 States: Illinois, Indiana, Michigan, Ohio and Kentucky. Charles S. Wanless, Springfield, Ill, vice president of the National Asso- ciation of Real Estate Boards for the Great Lakes region, heading the Con- vention Committee and presiding at general sessions, Omaha, Nebr., April 16 and 17, con- vention of North Central region, in- cluding 6 States: North Dakota, South Dakota, Nebraska, Minnesota, Iowa and Wisconsin, Robert B. Whit- aker, Kenosha, Wis, vice president of the National Association for the North Central region, heading the Convention Committee and presiding at general sessions. New York City, May 14 and 15, convention of Central Atlantic region, including 7 States: New York, Penn- sylvania, New Jersey, Delaware, West Virginia, Maryland and the District Big Corner many unusual features. Open all day Sat. and Sun., other days, §:30to8p.m. Toyer Bldg. ranwill Park=Silver Spring The Most Beautiful Near-Town Suburb Hre's a New Home That’s Going to Sell Quickly 305 Ocala St. You'll be immediately charmed with the location—that has all the beauty of nature—and is of easy access. Step inside and you'll have one surprise after another in its 6 splendid rooms, and a model bath; spacious attic, built-in garage, automatic gas heat. Look closely at its construction. ony *8,250 Directions: From the traffic light on Georgia Avenue at Silver Spring, drive up pretty Colesville Road past Mrs. K.'s Tavern to Franklin Avenue —then right 3 short blocks to Branwill Park. MOSSE Evening and Sundays, SH. 3742 Low Price Terms to suit you. MEt. 1776 A New 1937 Model Home Well Worth Your Inspection Furnished by Hilda Miller 15 Granium Street N.W. Corner 16th Street Located in one of the most exclusive residential sections of tll:d city, with an unobstructed view of Rock Creek Park. This beautiful, new home represents a value seldom offer d % bath in basement. lavatory on 1st fl An extra den or 5 bed ‘The prettiest rooms and 3 baths, with den and iving and dining room you ever have seen. rary over the 2-car attached garage. Big recreation room with fireplace, slate roof, Nation- ol oil heat, copper gutters and downspouts and many other unusual features that make this a truly liveable home. of Columbia. Joseph W. Catharine, Brooklyn, N. Y., vice president of the assoclation for the Central Atlantic region, heading the Convention Com= mittee and presiding at general ses- sions. The following meeting already has been announced: St. Louls, January 29 and 30, Statler Hotel, convention of South Central region, including 8 States: Mis- souri, Kansas, Colorado, New Mexico, Oklahoma, Arkansas, Texas and Louisiana. J. C. Nichois, Kansas City, Mo., vice president of the Nationul Associatior. for the South Central region, heading the Convention Com- mittee and presiding at general ses- sions. HOME BUILDING INCREASE IS SEEN F. H. A. Administrator Expects 400,000 Non-Farm Homes to Be Erected in 1937. An increase of approximately 50 per cent over last year's total of construction of nonfarm dwelling units is the estimate for 1937, ac- cording to Stewart McDonald, Fed- eral housing administrator. The administrator said that be- tween 400,000 and 450,000 nonfarm dwelling units are expected to be constructed during the calendar year 1937. The production of these de- pends upon a number of elements regarding which certain assumptions have to be made. These include: 1. That no considerable decline occurs in the volume of industrial | production and the consequent vol- | ume of incomes in the United States. 2. That the present supply of funds for financing new construction is not appreciably diminished. | 3. That the cost of building does | not rise so precipitately as to con- | stitute a major deerrent to build- — Keep It Quiet. Sound insulation in the ceiling over | a kitchen is a refinement that can be | installed at comparatively little cost. Such insulation may be installed | under the modernization credit plan REAL ESTATE. 350 HOMES STARTED FOR PLANT EMPLOYES International Business Machines Corporation to Spend $2,000,000 Under F. H. A. Plan. A $2,000,000 housing program for construction of 350 homes, to be sold at cost to employes of International Business Machines Corp.’s Endicott, N. Y., plant, under the plan of the Federal Housing Administration, has been started by the company, it was announced today by Thomas J. Wat- son, president. The homes will be built 10 at a time, construction of the first group now being under way. Six of them are already sold, and 134 requests for purchases have been re- ceived to date. The entire program *% C—3 will require two years to complete, Mr. Watson stated. ‘The development will occupy 84 acres in the town of Union, adjoining Endicott, and is the largest real estate subdivision in Western New York to be approved by the Federal Housing Administration, according to officials. It adjoins the golf course and gun club grounds which are a part of the country club facilities provided for the recreation of its employes by the company. Besides these sports, the club also affords facilities for bass ball, tennis, archery, bowling, dancing, banquets and other social activites of the employes. Clean and Durable. Linoleum, cork and other applied floor coverings are excellent for kitch- ens, pantries, nurseries, bath rooms and recreation rooms. They are at- tractive to look at and easy to keep clean besides being durable. $55 PER SEMI-DETACHED NEW ALL-BRICK HOMES BUILT 'BY MONROE WARREN EXHIBIT HOME 4939 New Hampshire Ave. N.W. After your down payment your expenses including interest, payment on the principal, taxes and insurance are less than rent. The public’s ac- claim has been voiced to date in the selling of 28 of these outstanding homes. OPEN UNTIL 9 P.M. DPAILY MONTH of the Federal Housing Administration. First Presentation of an Outstanding New Home 4810 LELAND STREET BEAUTIFUL LANDSCAPED LOT, 57-FT. FRONT New all-brick home on paved street; center hall, 5 large rooms, slate roof, weather-stripped and insulated. Beautifully equipped kitchen, automatic gas heat and refrigerator. Near stores and bus line, convenient to churches and schools. Also see new Dutch Colonial nearing completion 4812 Leland Street. Built by George A. Sacks, Inc., Builders of Fine Homes. To Reach: Drive out Wisconsin Ave. to Leland St., one block west to house. GOSS REALTY COMPANY J. S. Eaton, Sales 1405 Eve Etreet N.W. Natl. 1353 BETHESDA BRANCH 6600 Wisconsin Avenue Wise. 2553 A Suburban Atmo } 4821 Blagden enue N.W. Moderately Priced in an Estate Neighborhood and Situated on One of the Most Beautiful Streets in Washington First floor has spacious living room with fireplace; attractive dining room; excellently equipped kitchen with breakfast nook, and a conveniently located lavatory. Situated on the 2nd floor are 4 large bed rooms; 2 complete baths and numerous closets. Two bed rooms and bath are located on the third floor. Outstanding features include automatic gas heat, 2-car built-in garagd, beautiful flagstone porch, recreation room with fireplace, and random-width oak flooring. An attractive ornamental fence surrounds the property. Built under the direct supervision of E. N. Hamilton. Rugs by Neshan G. Hintlian, Inc.—Draperies by John Ligon, Inc. FIRST PRESENTATION Between Rock Creek Park and 16th Street l sphere Yet Close to Downtown | To reach: Drive out 16th St., Built by turn left % block on Blagden Biron Bros. Open, heated and lighted daily and Sunday. Basement. Recreation room, toilet, oil burner. Separate garage. ‘This New Home Open Daily From 10 A.M. to 9 P.M. An Electric Kitchen Drive out 16th Street to Locust Road. Health Home Then turn east, two squares to home. L& Brouningerd Sons 1730 K Street National 2040 and Sunday Ly Clifton D. Kelley 1427 Eye St. N.W. FRANK S. PHILLIPS Builder and Owner Dls. 7741 927 15th St. Di. 1411