St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-14
Realty Notes.

inc a well-earned and unprecedented rush
this month for outside property. Mr.. Ca
banne's well-known sagacity as real estate
man, coupled with Mr.. Potts practical
knowledge of property and property
owners throughout Ramsey and Dakota
counties, (he being the official surveyor of
Ramsey county,) enables them to offer the
largest and best list of acre and inside prop
erty in the city. They are now in their
new and commOdiOus quarters in the Court
block, % East Fourth street. and can show
more bargains in all classes of property
than any one firm in town. Mr.. Potts is
prepared to do surveying and draughting at
the lowest card rates.
Harrison & Handy sold to John Pickerell
and others 200 acres near White Bear for
S34, 900.
II. S. Fairchild & Son sold this week to
Wilbur H. Howard tract of land adjoin-
ing Union Park and fronting on University
avenue, containing eighteen and one-iifth
rs 1-5) acres, for S45, 500. Wilbur II.
Howard, lot 2, block IA, of Whitney 81
Smiths Eaddition to st. Paul, for So, 900.
This lot is 4711X14S% on Rosabel street,
between Fourth and Fifth. Wilbur II.
Howard, lot 2, block 2, of Hopkins addi-
ton to st. Paul, for 500, 800. This lot is
on Fourth street, so feet west of Rosabel.
sold about 200 acres near the south end of
White Bear lake for S3S, 900. TWAS known
as the Huffman farm, and only one year
ago the Wildwood Park association sold this
tract for about IS. 900; Then it sold during
the winter a part of it for S14, 600. and now
it has gone up to S33, 900, and the purchas-
erS still expect to make handsome profits on
this piece. 1t shows how rapidly real estate
Oh this handsome lake is increasing in value.
Rumors have been alloat during the past
week that Mr.. j. j. Hill had purchased
considerable tract of ground on Fourth
street. opposite the Chicago ~ Omaha head
quarters building, on which TO erect much
larger and more commodious headquarters
for his company. Only two years ago they
were so cramped for room that they raised
the roof and built on a sky-parlor, but that
has been outgrown and the whole structure
is packed full.
Another rumor current on the streets was
10 the effect that the Northern Pacific Rail-
road company and other companies coming
into the city over its tracks would erect a
passenger depot on Broadway and be pre-
pared TO do their business independent of
the Union Depot company.
There have been some large sales made
during the week in the vicinity of Broad
way and Fourth streets, though the parties
in interest decline to give any particulars
at present. Sales are producing active in
quiries for Broadway and Fourth street and
other property near there. Some large i'm
provements are contemplated which will
awaken new life III neglected district. In
addition to sales of Seventh street proper
ties mentioned, several contracts have been
made on Seventh street lots and everything
held at low figures, are being secured as
soon as offered.
There seems TO be a ell-founded rumor
current several days past that a railroad
transfer is to be established about seven
miles down the river, opposite Newport.
where the bottom lands are high enough TO
escape overflow. This undertaking, if car
ried out, would, no doubt, cause numerous
manufacturers to locate on the river bank
and on the line of the Minnesota and North
western, and would result in great good to
st. Paul.
The survey now being made for a new
railroad from the south and joining or cross
ing the Minnesota q Northwestern at or
near Moer Grove station, about six miles
down the river, continues to excite atten-
tion<ri 1t has leaked out that some party is
on the line, quietly securing the right of
way, and purchasing land for track and
building purposes. 1t is said that railroad
shops and round-house will be located by
the new road near MOer Grove station.
This survey is being conducted very Sc
cretly and expeditiously. There is great
activity in real estate in this sec
ton. The farmers down there now
ealize that an important work is
going on, and are considerably excited over
the matter; they never advanced the prices
of their farms, and, in some cases, refuse
to sell at all. Some capitalists have re-
Gently purchased some 800 acres of land in
this vicinity. with the view. it is reported,
of locating there manufacturing establish
ments. This land being on high bottom
land extending to the river bank, and,
therefore, not subject to overflow. is re-
garded as an excellent site for factories, as
for residence sites for suburban villiare