The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-03-01
Latest Offering on Market
the Home of Mrs. Julia
Dent Grant--In Desirable
Section.

ment may seem broad. but a canvass
made last week by one of the city's
real estate firms proves il beyond
question or doubt. This firm desired
to obtain the names Of $500 owners
of real estate living in Washington
To get these. more than 5000 names
were transcribed from the District tax
books before the required number was
available
The more surprising fact is the in
creased demand from out-of-toWn GUS
toners for Washington property. These
demands for local investments have in
creased within the past week and a
number of prospective buyers are now
in the city seeking bargains in real
estate The conclusion drawn Is that
outsiders" recognize the increasing
value OF Washington properties and
want to invest.
Grasp Situation.
That non-residents are active is seen
IN their methods OF closing deals. They
are quick to decide and Iinger but a
moment in closing details. For the
Eoming summer the prospects for large
realty sales are bright. To add in
terest. many plans for building are
Goot, and in many cases contracts have
been awarded. Hotels seem paying in
vestments and rumOrs are rife concern
wi o h
In the next year.
But few sales of residential proper-
ties are being made. The latest Offering
on the market is the home of the late
Mrs Julia Dent Grant on O Street near
massachusetts, Avenue. This is a beauti-
Iul place and in one of the most desira-
bic sections OF the city. Because of its
location there are a number of offers for
II Aside from this, however, the fact
that the home has been the scene Of
many historic incidents in the Grant
family viii add to its selling price. Col
J. A. Johnston. L. S. a, is said to have
offered $4,000 for it.
John R. Mclean Will soon BEGIN the
erection Of his Office building at the cor
ner OF Pennsylvania Avenue and Fifteenth
Street. adjoining the Riggs Bank This
building will be one Of the finest office
structures in the East and will be the
nome OF the trust company and banking
nrm now undergoing organization. 1t
has been suggested in real estate circles
That the Government will rent a norton
OF the Mclean building for overflow Of
hees from the Treasury Department.
This, however. is rumor solely.
Limited in Height.
Nov that Congress has settled the
question as to the limit on buildings to
be erected at the intersections OF wide
streets and the height shall be the
q II
hotel to be constructed on The nresent
site OF the Lawrence viii soon be start
ed The property is owned BY AIberf
carry. and plans for the hotel are being
maze py {. a. Didden. architect The
'front.' VIII be highly ornamental and the
style OF architecture French in effect.
humor has II large hotel IS TO he
erected on the south side OF F Street
between Thirteenth and Fourteenth
streets; This property is owned by c.
l. nd Nr .r.x.- Il
ton for that purpose That he looks
upon hotel properties as paying invest
ments is shown by the money he has
placed In other similar ventures. The
New willard Hotel. like all other hos
telries in Washington. has been crowded
every day for the past six months. In
fact. visitors to the city have experI-
enced no little difficulty In finding ac-
commodations. II has been told that T.
+. Walsh Will erect a fine hotel building
on the present site OF the Oxford II will
be one OF the largest in Washington
No Theatrical News.
There have been no Developments in
the theater projects as rumored last
week. No real estate brokers have ven
tured positive information on the Ioca-
lions of the proposed buildings In
fact, they now seem dubious. and many
state positively the rumors were cir
culated for the purpose OF initiating
prices in certain sections OF the city.
That two theaters will be erected how
ever. cannot be rightfully denied. Their
locations. nevertheless, viii be questions
10 be settled by actual purchases. With
in the past week. no options have been
taken TO indicate any move on the part
OF the theater builders. and those in
tsrested must be keeping their tracks"
we'll covered
One OF the largest purchases OF the
week was made by Associate Justice
Court He paid $50, 600 for the property
NJ 1920 I Street. and after giving the
property an overhauiing, will occupy IL
as his residence Bates Warren has an
nounced his intention to erect large
apartment house at the corner OF Mas
Fachusetts Avenue and Thirteenth Street.
II will be built on elaborate lines, and
prove quite an addition to the architec-
tural beauty OF that section OF the city
Sales of Week.
Among the sales made within the past
week. Stone & Fairfax sold for John
NJ Henderson three houses on the south
side OF Street between Seventeenth
and Eighteenth Streets. for $21. 600. They
also sold for Henry A. Willard four
houses on Westminster Street. near
Ninth Street. for S24.50O This sale
leaves but two left in the block OF seven
built by Mr.. willard Through the same
agency, +. A. Blundon sold two houses
on V street for $40 900. William y. Nor
rison. a house at 315 Fifth Street north
east. IS 500: F. V. Kramer. the property
at 1929 Twenty-hrst Street, $4,000;
Charles W. King a 15-foot frontage on
Binney Street, $1,000; also lot on
Princeton Street. near Thirteenth. 20
Kennedy & Davis who VIII erect three
dwellings 10 cost SIS, 900.
Moore Hill have effected the fol-
lowing sales within the past week:
For Harry Wardman, 1tO5 and 1107 Z
Street northwest, for IS 500 each: for
Mrs. Alma N Davis. 2121 r Street
northwest. for 80 900: through II. Rozier
Dulany, lot IN IDgleside. FOR 5000; for
Henry c. Mcfarland, Al N Street .lorth-
wcst. for So .0o0; 70 John G. Campbell.
SO. sl2. sl4 Second Street southeast.
IN E.... T..