The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-04-29
REVIEW OF REAL ESTATE,
Conditions BetOken a General
mproVement of the
Market.
ITEMS OF PUBLIC INTEREST.
Auction Sales of Properties on Va
lencia Street and in Rich
mond.

The real estate market has healthy and
prosperous tone. While sales may not be
very numerous, still the general feeling of
confidence which is expressed on all sides
betokens undoubtedly continued i'm
provement of the market. Several of the
largest dealers report that they have done
as much business so far this season as they
did all of 1894. With all these encouraging
features there is nothing in the nature of
unjust imitation of prices, and everything
indicates steady and permanent market.
The intelligent dealers are well satisfied
with a steady, solid and progressive move
ment in realty, but the uninitiated and Oft
times new beginner thinks the only deslr-
able thing is boom. The latter class do
not realize that booms never last; that
sudden spurts of fictitious growths OF any
kind must invariably be followed by re-
actions which bring ruin and misfortune
in their wake. Fictitious advances in
values are not probable in view OF the
amount of realty for sale at very reason
able figures to meet all present and pros
pectiye demands.
THE sUTRo SALE.
Won Rhein & Co. report the result of
Thursdays auction sale of residence prop
erty on Ashbury Heights as satisfactory to
themselves and the owner, Mayor Sutro.
Not more than two-thirds of the number
of lots put up were sold, but the list was an
unusually long one. Lots fronting on
Ashbury street brought from $775 to 5000;
those on Sixteenth street sold at from $500
to 500, while on Upper Terrace they av-
eraged $500. The corners of Sixteenth and
Ashbury brought $3.50 and $3.50, and the
corners of Upper Terrace sold for $50 and
-, nd fnJr
COMING AUCTION SALES.
Easton. Eldridge & Co., Baldwin &
Hammond and Won Rhein & Co. have con-
critics, and now buyers of realty are going
to be offered an inside property practically
in the heart of the city. This property,
the historic Woodward's Gardens, fronts
on Valencia. Mission, Thirteenth and
Fourteenth streets and is only one block
from Market. The high fence which used
to stand up so menacingly has been re-
moved, the property graded and subdi-
vided into lots, and the streets are paved or
macadamized and severed. By this auc-
ton sale, which will take place on Tues
day. May Z, at the salesrooms of Shain-
wald Buckbee & Co., the gap that has for
years existed on these business thorough
fares will be closed.
1t may be of interest to note in this con-
necBlOn UUdI tue uOItuedSI CORNER VI dI6u-
Cha and Sixteenth, 70X100 feet, was sold at
auction the latter part of 1890 to Thomas
Magee for SAC, 480 or 1888 per front foot
The prices of inside lots ranged from $3.50
to $500 per front foot. Lots on the west
side of Valencia, near Sixteenth, 25x100,
sold in January, 1891, from $1,000 to $780,
The corner of Ridley and Elgin Park
25x75, ought $6750 in 1891, while lot
25x90 on Valencia near Ridley sold for
In no of
Valencia and Seventeenth, 60xS0 feet,
brought $33, GOO or $3.50 a front foot; 60x80
feet on the west side of Valencia, near
Seventeenth, sold for S16,500, and 75x100
near Nineteenth, on Valencia, brought
$44 900. The terms OF the sale of the Wood
wards Gardens property are one-third
cash, the balance on mortgage at per
cent.
On the 9th of May G.. II. Umbsen will
sell, by order of the court, for the purpose
of winding up the affairs of the San Fran
cisco and Point Lobos Road Company, 160
lots, situated in the heart of the Richmond
district. These lots will be for sale with
out limit or reserve to the highest bidder.
In few years Richmond is bound to be-
come to the northwestern what the Mission
is to the southwestern part of the city. 1t
is growing very rapidly and it is estimated
that in the last few years Is per cent of all
the houses erected in the entire city have
been built there In one particular, that
of sewerage, this suburb is very progress
sive. There was no network of old sewers
to contend with, and the entire system is
new and scientifically arranged, and has a
separate outlet into the bay. AT present
the Ferries and Cliff House Railroad runs
along the northern boundary of the above
tract, the Sutro road will pass through it,
and the intention is to extend the Geary-
street road out Point Lobos avenue to the
Cliff House.
BUILDING CONTRACTS.
The following building contracts were
recorded during the week:
Mrs. Mary Cochrane, owner, with James J..
Manseau, contractor; architects, none; all
work for one-story fve-room and basement
cottage on west line of Broderick, rs feet north
of Ellis; cost, $1,000.
James ]. Curtin, owner, with William Plant,
contractor; architect A. J. Barnett; all work
on a two-story frame building on southwest
corner of Douglass and Twenty-fourth; cost,
$500.
Carrie L. Dick and W. NJ. Cowie, trustees,
with p ]. Brennan, contractor; architects, B.
McDougall G. Son. all work except painting,
plumbing, gasftting and sewer1ng for two
story basement and frame building, on west
line of Guerrero street, near Twenty-second;
cost S4722; with William f. Wilson, plumbing
and gasftting, SOLO.
Rose A. Pickering executrix of the estate of
Loring Pickering, owner, with Ackerson &
Peterson contractors; architects, Ravens &
Toepke; carpenter work, cast-iron work, stairs,
timing glazing, hardware, patent chimneys
and mantels for three-story and basement
frame and brick building, con tanning four
stores and five complete dwellings, on south
east corner of Valencia and Fifteenth streets
cost, $9643; with H. Williamson, gasftting
and sewering; cost, S1164.
Dr. John and Lizzie j. Hemphill, owners,
with J. II. Mckay, contractor; architects, B..
McDougall d. Son. carpenter work, plasterlng
and centers, roofing and timing, glazing,
chimneya millwork and hardware, paint for
construction purposes, but no other painting
and no plumbing gasftting, for one two
story-three tenements and two stores-build-
ing and one two-story, two-tenement build
ing; also less the foundation, on northwest
corner of Union and Fillmore streets; cost,
$500; with II. Williamson, plumbing, gastit-
ting and sewering; cost, $3.50.
Charles A. Zinkand, owner, with Bader q
Finke, contractors; architect, Emil John; all
inside finish of billiard-room, Wine-cellar and
entire construction OF bowling alley, and to
perform all carpenter and mill work in base
ment of Emma Spreekels' building on Market
street. between Fifth and Sixth; cost, $1725.
Brannan street, north side, west OF Fourth,
artificial stonework; owner, Rev. D. Nugent;
architect, J. j. Clark; contractor, S. Gilletti
cost, $4,000.
HYDE, southeast corner of Pine all work on
a three-story frame building; owner, Charles
Schlesnger; architect, E. j. Vogel; contrac-
tors McCullock Il Glunz; cost, $S0o7.
Henry NJ. Bull, owner, with John Furness,
contractor; architect, r. II. White; all work
axcant MINIMIZING and Daiutinp for a twO-storV