The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-01-01

R.f1ev hougfs OF Or. Bagiey and Mrs FOss
xharsIy after the ere for 81. 800 The prop
evzv kas sfxty feet frontage On Second
street and The price per front foot Was
therefore At IFS
About eighteen months axo Mrs. s. n.
Libby sold TIE lot on the southeast corner
of Second ard Uni0n streets 10 Peterson
Brrz. for s. .060, which, IS that time. was
considered : yery fancy figure Two
months after the fire Peterson Bros. SOLD
The property to Mr.. ". E. Bailey for 50.
GO. and be has since refused an offer Of
so 90. ss he Is buisdiEg fins brick build
ing thereon
The highest price per front foot ever
paid for unfmproged business property on
Front street. was in August last after the
fire, when the Masonic lot. s1xffl feet in
size. adjoining Henry Yesierss Pioneer
block, Wa sold 20 !. w. Emerson. Of New
York, for 81 800.
Hon. NJ s. Drew. Of Port Gamble. sold
. lot on Front street. near Columbia, 10
Guy C. Phinney, for $500, and Cyrus
Walker sold the adjoining lot to jeremiah
]. 0'Connor, Of New YORK, for $1,000.
corner OF Front and Pike streets Of the
Oregon improvement Company for SD
600. On all these properties substantial
buildings have been erected.
The increase in values has been no less
along Front street in the northern end OF
the city. The lot on the northwest corner
Of Front and Battery streets. offered two
years ago for 81 800. has been sold during
the past year for $4,000. and other prop
erty In that vicinity has had proportion
ate increase.
The Seattle Transfer Company sold two
lots on the corner Of Main and South Sec
ond streets 90 Schwabacher Bros. & Co.
for So. 900. This property was purchased
by tie trainer company about two years
ago. with a substantial three-story hotel
building thereon, for so COO
The highest price ever paid for Third
street property was for the Maydenbauer
lot, on the corner OF Columbia and Third,
which brought sol 600 few weeks after
the Ere On June / this property could
find no purchaser at 80 900.
The two lots on the southeast corner OF
Third ard Union streets were sold in the
fail by Miss Denny to e. II. Plummer for
So. 600.
on the southwest corner of Third and
Pike streets Harrington & Smith sold lot
10 Hamm & Schmidt Immediately after the
FIRE for SCI .000. An offer of $4,000 for this
property has since been refused.
Aaron Levy has refused offers OF so 900
for lot on the corner OF Pike and Sixth
streets, for which be paid Fl. s. Woodward
81 200 last July.
One year ago Mr. Otto Ranke offered his
residence property on the northwest cor
e ~ twkA f. ~
and now he could sell 1t for $4,000 II he
would.
The largest sale of the year do rs not APP
pear in the record. as a deed has not yet
passed owing to some delay in preparing
IL. II is Of the barrel factory property, IN
the northern portion Of the city. which
was recently purchased By syndicate of
Eastern capitalists for $f75.000 the sum of
SO. 900 being paid upon IL as earnest money.
This property was given TO the barrel
factory company about ten years ago as a
subsidy. its estimated value at that time
being 5000. The deed TO this property
will probably be recorded in few days,
and will help swell the transactions for
next year.
The thirty feet of frontage on Yesler
avenue, occupied before the fire By the
OBSERVATION-DISCLOSURES building. and for which
Mr.. John Leary paid Mr.. Henry Yesler
5000 in 1881, has been sold since the fire
20 Dir. Jacob Fuerer. OF Portland, for
$24 800.
On outside property the most marked
advance in values has been along the line
Of the rapid transit lines. During the year
over 100 additions 70 the city have been
placed upon the market The growth Of
suburban villages along the lakes that skirt
the eity's northern boundary and the line
of the Seattle. Lake Shore & Eastern rail-
way have been unprecedented. One OF the
events of the year was the opening of
Renton addi ton, IN the heart of the city.
of which si25. coo has been sold since the
tire.
some very large sales OF acre property
have also been made during the year. Re
Gently the Donovan place on the nuwamish
river, about four miles south OF the city.
was cold to William Ames, of Montana, for
t45.o0o, and IL il now h4ing plated into an
addition to the city. This property only
cost Mr.. Donovan $500 when he bought it
. few years age.
II may be said that no person has in-
vested judiciogSIy Ia Seattle real estate
during the year but has made money bv