St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-01
REALTY LOOKING UP.
The Enlargement of the City Limits Causes
an Increased Demand for
Real Estate

an Increased Demand for
Real Estate.
The real estate market still remains rather
quiet, Notwithstanding several deeds with
large considerations have been recorded,
which will swell the aggregate to considerably
more than that of last week. There is some
encouragement found In the fact that the
sales are somewhat more numerous this week
than they were the week before, and also In
the fact that inquiries are much more fire.
quent, and though the change Is not
very great it is Il change, and for the
better. 1t Is generally considered by real
estate men that the market is in as good
condition as it usually is at this season of the
year, and that it is sufficiently promising to
warrant favorable anticpations for the
spring. A boom is not expected when the
snow clears off, but 1t is expected that there
will be good healthy market, with good
prices.
Already the property included within the
limits marked out for the enlargement of the
city limits, has begun to increase in value,
AMI there is very active inquiry for acre
property more especially between the two
cities. This is owing in a considerable de-
gree to the fact that the papers both
OF ST. Paul and Minneapolis have given the
proposed enlargement such wide publicity.
People seem TO have got the idea that each
city is an xious to acquire as much of this
territory as possible. They naturally con-
clude that If the people Of the two cities are
so anxious for this property that il must be
very desirable. and consequently the callers
for these broad acres are multiplying. One
gentleman from Wisconsin WIS in town on
Friday aud obtained the refusal of two pieces.
one valued at s., 900 and the other at SO, 900.
The inquiry, however, is for acres all along
between the two cities, and it is quite an ac-
tive inquiry, too.
THE BUILDING OUTLOOK.
In u conversation with a GLOBE represen-
tative yesterday afternoon, Building Inspec-
tor Johnson expressed himself as very hopeful
regarding building operations in St. Paul
during 1855. He said more permits had
been issued during January than in January
of last year, that large number of solid
business men were now preparing plans for
elegant blocks, and that all indications were
favorable 10 as large a sum put in buildings
the next twelve months as In 1894. He re-
gsrls this as very OppOrtune time for erect
ing structures of every kind, as material Is
now fully nue-third cheaper than last year.
Moreover, the last statements made by the
banks showed that SO, 000, 900 is on deposit
at sight draft AMI SO. 600, 900 more drawing
but per cent. interest, aud there could be
no better time TO turn large portion of this
money into buildings than now.
NOTES.
P. T. Kavauagh sold on Thursday last the
Metropolitan livery stable, on the southeast
corner of Washington and Fifth streets, for
$4,000 cash. the purchaser Is Morris
Brown, OF Jones county. Iowa, capitalist,
who in the spring will remove the barn and
erect on the site a handsome row of tenc-
ment houses. Two months ago Mr.. Reuben
Warner bought the property for SIC. 500.
The deed for the transfer of the Charles
McIrath place on Summit avenue was re-
corded last Wednesday. The transfer was
made by David DAVIS, Jr., to ]. P. Gribbeu,
for $25, 900. This is an old tran ssction, the
sale having been made q long time ago.
Mr.. Thomas Cochran, Jr., has transferred
to Edmund Rice, Jr., aud others, for Sl9,-
064, one-half of twenty-oue lots in block IL,
Holcomb's addition, one-qusrter of three
lots in block IA, Summit park, and one
quarter Of 81 lots in Thornton's addition.
The following are the transfers recorded
yesterday.
FL Weber to s N Barnes, part of block as,
White Bea-, AMI lot 9, block 10, Dunwell 8
Spencer's addition, 81 800.
Chas Dickerman ct al. to Geo W Dilley. part
OF lots 5. G and Z, block 10, Robert & hnndalrs
addition, Sic,
John & Carlson to Daniel Anderson, lot Z.
block S. Arlington Hills addition, $3.50.
Bernard Michel TO Joseph Tobrietzluter, lot IS,
block 10, Michel q Robertson's a1 lition. $3.50.
X F. HickeihIer 10 Patrick Kelly. 25. So acres in
section IS, town 20, range %. 81 $50.
Francis Walters 20 4 Quesnel. lots 2 nod Z,
block ,. Asy lum addition No. ?, Si2j.
HB Farwell TO Francis Waters. lots and Z,
block ,, Asylum addition No. 2, $3.50.
Edmund Rice, Jr., TO Anton Larson, lot 8,
block q. Fairvew addition, $3.50.
Same to Carl TIalstredt, lot II, block 10, Fair
view addition, $3.50
Same to Ludwig Thoresen lot 5, block G, Fair.
view addition $3.50.
b F Schnrmeer to WIN Thoele, lot 0, block 90,
Arlington Hills addition, sI:5.
WIN Passavant To Michael DeaeI ct al, lots
10 and 20, Lake Como villas, $1,000.
IU.LDISa PERMITS.
The following permits to build were issued
YESTERDAY by Inspector johnson:
Peter Redlinger. oue-siory frame addition to
store. fbx3O, north side OF Edmund street, be.
tween Dale and Kent. 500.
Darby Lee, one story frame dwelling and
kitchen lsx24 and i41l4, north ride OF Thomas
street. between Clzghorn and Marion. $500.
Jack Neistrom, one and half story frame
dwelling, lSIsI, north side OF Reaney street, be.
tween Weide and Arcade, 81. 900.
ID A Gregg. addition TO ice honse, 40xs0. east
side Of Western avenue. between Como and Van
Bu I. $500,
A u Lnndgren, one and onehalf story frame
dwelling. 20Ri4, north side OF Wells street., be.
tween Ed-erton and Payne, Sl,5OO.
Total, 5; value, Sl,5OJ