St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-02-26

| ollct anu l0S leeU Oh SlAIn SUreeV, COulu
have been bought for only $50 front
foot. Yet it was, and it is now owned
by Mr.. Nimocks, who has leased it to
| Donaldson for ninety-nine years, but
| Mr.. NimOcks could capture $1,000 a
| front foot for it if he would only sell.
The 90-feet frontage on Hennepin,
| corner of Sixth street, the site OF the
Masonic temple, was sold in 70 for 5000
a foot, but it was sold again less than
| three years ago for $4,000, or nearly
| 500 front foot.
Then take the site of the public Ii
brary building, with 1872 feet on Henne-
| pin avenue, at the corner of Tenth
| street, which was sold in 1879 for Sl0,
COO, but which now is cheap at $4,000.
| All the property around Lake Cal
| hOun went begging at $3.50 lot in 1881,
| but now they readily command $4,000 to
| $1,000 each.
One of the most remarkable change of
| value is lot w, containing three acres,
| Johnson's addition, running through
| from Oak Grove street to Ridgeway
| avenue, which was sold in 80 for $4,000.
| 1t is now occupied by the residence of
| w. ID. Hale and is well worth 100000.
| 1T is in the finest residence portion of
| the city.
Take lots 10 and 1G, block IA, Wells,
Sampson Il Bells addition on Eleventh
street, between NicolleU and Mary place.
which were thought high in 1880 at
| $4,000, but at present a bundle contain
ing $4,000 couldn't get them.
Then the ninety eight feet on Henne-
| pin avenue, between Eighth and Ninth
streets, went begging i'll 81 at $1,000,
! while now it would be a snap at 5000 a
| front foot, or the neat sum of $58,S00.
In 1880 the 105 feet ON Nicollet ave-
lNon IN
teenth street, was listed at $1,000, and
| the owner worried nights for fear he
couldn't sell it, but if he wanted it now
he would have to draw his check for
$4,000 in cold cash.
In the same year asSabove, the pro-
prletOr of the corner at Nicollet avenue
and Eighth street, 65Xl32 feet, felt salts
fed by asking $500 for it, but the
present owners would think sometime
before parting with it for less than
round hundred thousand. This corner
is across the road from the Humphrey
corner, which the doctor was forced to
| pay about $4,000 for along i'll Isl, and
sold it IN 1887 for S125,000 cash, and
didn't know what to do with his money.
Think of the corner on First avenue
! south and Seventh street. 66Xl9S feet,
| being offered only six summers ago for
| $4,000 and subsequently sold for
| $4,000.
The two lots at the corner of Fiji
teenth street and Spruce place, contain
| ing nine-rOOm house, was on the mar
ket for $1,000 the year that the Repub-
| lican party elected their last president,
| but at this writing it would require fif-
| teen $1,000 bills to acquire possession.
| Anybody possessing foresight in 1881
| could have become the owner of the
| twenty-five feet Oh Washington avenue
| joining the south end of the Centennial
| block for 81, 400, and could now be draw
| ing an interest on over $4,000 Valua-
ton.
Two lots facing Thirteenth street, cor
her of Yale Place, now occupied by the
slightly residence of f. b. Galusha, were
sold in Isl for $500, while now the most
conservative estimate as to their value
is $4,000, exclusive of buildings.
Lots 3, 4 and 5, block 2, in Wash
burns addition, corner of Second ave-
nue. south and Fifteenth street, were
listed in 81 at 1850 each, and a person
would have a good thing if he could get
them for less than 5000 each now.
Another instance is lots s, 9 and 10.
block 10, Elliot's addition, which all
thought a poor bargain at $500 for the
| three, but the owner would smile if you
| rendered him less than $4,000 apiece for
them.
Go out farther and look at the two lots
corner of franklin avenue and Port
land. listed i'll 80 for 1900. and what
do yOu suppose is their valuation now?
Only $4,000.
Twelve hundred dollars in 1881 would
have bought lot 5. block 81, on HaW-
thorne avenue, between Sixteenth and
Seventeenth, but in 1888 it would be
| snapped I'D quick at $500
ANOTHER LOT.
| Julius Crosse d Co. furnish the fol-
lowing interesting facts:
| In 1885 Mr.. Crosse purchased lot /,
block 4, RidgewoOd addition, corner of
Lyndale avenue, for $4,000. Three
weeks subsequent he sold it to John
| Orth for $4,000, and in 1887 re-Sold it for
| Ortiz to Haywood & BOSSard for S21 900;
theyin turn plated it and have sold
lots from it amounting to $42, 1000, with a
few building sites left.
Six short years ago the siXty-siX feet
on the corner of Washington and Sec
Ond avenues south, covered by the same
buildings that are there now, was Of
| fered for $4,000, while now sos, 900
| wouldn't be any great inducement to
I the owner.
Fifteen years ago one could have
purchased lot %, between Third and
Fourth streets on HennepIn avenue, for
$1,000, with small payment down. At
| present the same lot would be a baagain
at 81 600 front foot.
In 1881 Mr.. Crosse bought lot on
! Central avenue, Nicollet island. for $40
front foot, which to-day is worth $500
foot, and in 1884, only four years ago,
| he purchased his present residence
| property, No. 1900 Lyndale avenue, with
80 feet frontage on Lyndale, for 50, 900,
| all on time at per cent interest. Last
| fall he refused $4,000 for it, not includ-
| ing the improvements.
| The GriSWOld conner at Sixth street
and NicOllet avenue, where Taylor's
| coal office is. was bought in 1883 for
S175 per front foot, and in this year of
| grace $4,000 foot would be but little
| inducement to sell it.
| The lot OIL Washington avenue south,
now occupied by the Pioneer Fuel
company, was offered thirteen years ago
| for $500 a foot, but it is not for sale
now at 81, 500 foot.
In 1884 seventy-twO feet On Hennepin.
between Seventh and Eighth streets.
with fine house, was looking for
buyer with $4,000, and not cent less
than $500 foot could touch it.
In 1882, the sixty-two feet on Hen
| nepin. between Filth and Sixth streets.
OppoS1lc lHo WcSI uotcl, WIS ndWKGQ
around for $500 foot. and the owner
feels justified in asking Sl,4OO a foot for
itnow
Every one is familiar with the price
that Il. B. Walker paid last season for
| the large hill on Lyndale avenue, be-
tween Eighteenth and Nineteenth
streets, and which will require $4,000
to grade, but they do not all know that
the same tract of four and one-half
acres was sold ten years ago for 500
an acre, and yet it is a fact, while
only seven months prior to Walkers
requirement it changed hands for $50