The morning call., 1892-05-20
SULLIVAN AND M'CREERYS LAND.
The Sale of Forty-NIne Residence Lots by
Auction Yesterday.

The Sale of forty Nine Residence Lots by
Auction Yesterday.
McAfee, Baldwin & Hammond's sale OF
the 40 lots owned by Messrs. Sullivan and
McCreery In Western Addition BLOCKS 449
and oil yesterday, at the Real Estate Ex-
change. was unquestionably one of the most
successful sales ever held In this city.
For several weeks this enterpriSing firm
has been advertising in the most judicious
and extensive manner the popular residence
property lying out in the direction of Golden
Gate Park, bounded by Devisadero, Scott.
Broderick and McAllster streets and
Golden Gate avenue.
1t was matter of no surprise, therefore,
that such crowd of buyers as never assem-
bled in the Real Estate Exchange before
greeted Mr.. Baldwin, the popular auetioneer,
when lie ascended the platform 10 commence
the sale. The croakers who have pr0pesied
that the bottom has dropped out of the real
estate market have evidently been badly
fooled.
Long bsfore u O'Clock people commenced
10 arrive and at noon every seat was taken
ana so many were standing that it became
necessary TO send out for more chairs
The warm day made it quite not In the
auctlon-rOOm, but the auctiOueeTS had pro-
vided for the comfort of those present by
having an abundance Of fans and large
quantity of lemonade on hand.
The bidding from the start was spirited
and in less then two hours every one of the
49 lots found buyer. The first lots offered
were numbers 1 and in Western Addition.
block oil. These lots were sold jointly.
making a frontage of 50 feet on Devils
adero street with depth of 100
were started at $1,000 and were
run up to S1O.050. at which figure they
were sold 10 Daniel Roth. Thelsame buyer
bought lot 25xI00 on the north side of Me-
Allister street, 100 feet west Of Devisadero,
at $3.50. A. Nj. Whittle and c. NJ. Davis
bought lots and on Deyisadero street at
S3775 each, being 25xl00. j. G. Nolan
bought lots ), and at S4l00 each. on the
same street, having frontage Of 25 feet
with a depth Of 125. James Z. Dunno
bought lots s, and 10 for S4025 each. being
25x100 each on the same street. Lot IL, 2jx
1OO on the southwest corner of De viSaderO
street and Golden Gate avenue, was sold for
$3.50 to Frank Maskey. Lot u, 25x100,
a valuable key lot on Golden Gate
avenue. sold at $500 to John Johnson.
The adjoining lot on the same street was
sold 10 James j. Hull for S3025, and four
adjoining lots were sold to NJ. j. Plalshek at
$3.50 each. The lot 81 6x112 :6, on northeast
corner of McAllister and Broderick streets.
was purchased by William Wolf for S6S00.
The same buyer bought lot 25xl2l, adjoining
his corner lot on the east, for S3025. O. ).
Olsen paid $3.50 for the next lot. Edward
Graney paid 5000 for the next. The next
five lots on McAllister street, 25x137 IS each,
were sold TO Max Goldberg for S3650 EACH
Z. ). Crittendrn bought the adjoining lot
on the east for $500. and f. Dunn bought
the last lot in this block at $500
After cleaning up ali the lots in this block,
AuctiOneer Baldwin started in on block 449.
Rosenthal Bros. bought lot for SS00O ana
the adjoining lot for S3S75. Lot las a
frontage of 57:6 feet on Devisadero street
and frontage of 137 &c feet on McAllister
street. lot2 being 25X1O6:3 adjoining. Lot
3 on DeviS ader0, 25x106:3. went to ID. X.
McNeill, the well-known tug of-Wa ar"
champion. at $500. TIE same buyer bought
lot l4, being 81 :6x106:3, corner of Scott aud
McAilister street. fer $3.50. TheodOr
Dlerks bought lots 4 and on DeYisaderO
street at $3.50 and S4l00 each. r. c. Cham
beis secured the McAllister-street frontage
at prices ranging from $3.50 TO $500, and
also the Scott street lots at S3050 each.
The total sale amounted TO S1S6. 40,
Mr. Sullivan, IN speaking of the sale, said
that he was very much pleased with the re-
suit and the way the property was handled.
He thought that the pri ces were low, but he
was fully prepared to meet the views of the
buyers, and lie considered that they had
treated him fairly. Mr.. MeCreery feels
equally we'll satisfied. McAfee, Baldwin Il
Hammond are very enthusiastic over the
result, and the general impression is that
this sale will have the effect Of reyiYing the
market TO great extent
Evidently goud property at reasonable
price may still find really purchaser when
placed on the market under proper c0ndi-
tlons. But it Is useless to hamper real
estate agents, as many owners persist in do
ing, with undesirable property at a fancy
price. with the expectation or hope that it
will be sold by them. The day for such
sales is past and not at all likely to return,
at least in this city, any time soOl.