St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-13
REALTY IN ST. PAUL.
Notwithstanding it is Now the Middle Of
Winter the Sale Of Real Estate
is Active.
This Has Been One of the Most Active
Weeks in St. Paul Since the Spring
Season Opened.
Sales in West St. Paul Show That
Real Estate There is Still in
Good Demand.
North Part of the City Beginning to
Look up and Demands for Prop
erty Improving.
The Review.

Although it is near the middle OF the
month of December, when dealings III real
estate should be almost suspended, there
seems to be just as much activity as ever,
and even more. Last week may be re-
garded as one of the largest and heaviest
weeks of this year. Instead of sales
slackening up they seem to increase as the
winter approaches. AS was mentioned
Yesterday syndicate composed of Lucian
Warner, C. H. Lienau, II. j. Peters, c. T.
Dunbar, Count Won Senrenji, Charles
Faber, Henry Henly, II. Munich. E..
Stierh, Paul n. Stoevning, G. E. Keller,
William Bickel and E. 5. Norton pur-
chased seventy-fve acres inthe northern part
of st. Anthony Park for $50, 500, from
McClung, McMurran and Curry. The
purpose in view in purchasing this large
tract is to improve it, make it attractive
and sell it. Another large sale was that of
j. G. Schwartz to MIR. 4. II. Wilder of
the property of the late George l.. Otis,
on Summit avenue, for So. GOO. 1t is I'M
derstood that Mr.. Wilder proposes to
erect thereon during the coming summer q
handsome and expensive residence. HIS
present residence, on Woodward avenue.
has been encroached upon by the rail-
roads TO such an extent that he has found
it desirable TO make a change to 4 location
where he will escape the continued sounds
of the bell and the steam whistle. 1t Is
understood also in this connection that he
has settled with the railroads for the dam
age done to his property. and
that they paid him $40, 600. This being
the case. going on to the avenue
is all the more pleasant and easy. This
property hes a front OF $50 feet On Summit
avenue, and is regarded by many as the
most desirable on the avenue. 1t certainly
Is a very conspicuous location. and will fur
niSh a view equal 10 anything in the city.
IN addition to the above, real estate dealers
have in hand several other transactions
which are fully equal in magnitude to any
of the above. There is still another
GoODSIZED TRANSACTION
that has been thus far kept off the record.
a. NJ. LawtOn sold number of lots in
West st. Paul for $40, 900 to Walter II.
Sanborn. Although prices are pretty
strong in the Sixth ward, property contin-
ues to sell right along and at top prices.
There is no difference of opinion in the
minds of people as to the fact that West St.
Paul property will continue to advance in a
regular, steady way. Whatever fiuctua-
lions may occur with regard to property in
other parts of st. Paul, property in the
will continue to advance. as it has done
heretofore. in spite of all adverse circum-
stances. There is no doubt that property
in that locality is destined to be valuable.
There is great confidence in the minds of
people generally in regard to this and it
may also be said that they prove that they
are honest in their convictions, as they
buy and pay the price. Mr.. Walter IL.
SanbOrn knows the value or price
of property over in the Sixth ward and if
he is purchasing for some one else, that
person or corporation knows its value.
There are no points in the city where the
value of property is more fixed and certain
or more permanent than it is in West st.
Paul.
THE NORTHERN PART OF THE CITY.
Considerable attention is being turned to
that section of the city lying north Of the
cemetery, and stretching across from Rice
street to Mississippi. 1t is long stretch
and has always been neglected. There are
some indications now that it will be brought
into market and that that region will be
peopled within few years. Property is
now held there for reasonable figures. The
Improvements that are going in there are
destined to cause that much-neglected part
of town to thrive and to come rapidly to
the front. 1t is beautiful land. slightly
undulating with ample, level ground. 1t is
well known that the iron mill is going in
out near Rice street. and that various other
improvements are to follow, all of which
will add to the value of that section of the
city. The addition of population in the
past twelve months has been enormous, and
a broadening out of our borders was i'm
peratively necessary. That whole section
ioa &c Nv
with buildings and large population is
gradually making its way out
into that northern section and
steadily filling it up. 1t is understood that
The st. Paul 81 Northern Pacific road on
The north will put in depot and that the
st. Paul & Manitoba road, which runs
along south of the same tract, will also
erect another one. Both depots will be put
in about midway between Mississippi and
Rice streets. This will prove to be very
advantageous for all who go out there to
secure homes. This section will have very
good facilities for reaching town, being ac-
cOmmodated by both rail and horse car routes
the latter leading directly into the heart of
the city, through Rice and Mississippi
streets.
ENTERPRISING PRoPERTY-OWNERS.
An agreement has been reached, it is I'M
derstood, between property-OwnerS and the
managers of the Northern Pacific Railroad
company, having in view the construction
of handsome depot ON the line of the road
at the Dale street crossing. The advantage
of this arrangement to the residents of this
rapidly growing district cannot be overesti-
mated. as the short distance between this
charming residence portion of st. Paul and
the heart of the city will then be matter
of only few minutes ride. The depot
will be constructed by the property-owners
and convenient schedule for the stopping
of trains will be arranged. The grounds
will be also handsomely terraced.
The Record.
LAST WEEKS TRANSFERS