The San Francisco call., 1909-12-04
NOVEMBER SALES
OVER $4,000,
One Deal in Market Street Bust
ness Property Involves a Com
sideratiOn of S465,O00

Thomas Magee & Sons report in
their real estate circular for Novem-
Der that the sales of local real es-
the total of s3,o70,9O1, were distrib-
uted by sections as follows: Fifty
varas s1,240,S60; one hundred varas
$22S,700; Potrero and South San
Francisco sS2.925; Mission district
S362,S61: Western addition sS01. 800;
outside lands and homesteads $354,
255.
The situation in general is reviewed
by the real estate circular as follows:
During the month of November III sales of
San Francisco real estate were recorded Tor
80 per cent over the totals for the months OF
August, September and October of this year,
when the totals were little over 81 900 0oe
Only three times since April, 1907, has this
| total of s3, 901 for November been exceeded.
namely. in April 1908. WREN the sales recorded
amounted to 4,407 ,231, caused by the closing
of the Fairmont hotel deal; in July, 1908, when
the totals reached S3,976. T95, due TO the re
cording of deeds TO three large properties of
over $500, 900 each and in May 1909. when
the sales amounted to So POI OBS which had
been augmented by the recording of deeds to
many medium priced properties.
The number of sales recorded during No
vember-717-is the largest for many months
past, and exceeds the monthly average since
November. 1907 by over 100 The sales in
the 30 vara section. which leads all the other
SectlonS. were 40 IN NUMBER ana amounted 10
s1.24o, $50. This total has only been exceeded
| four times since the fire, viz: In February,
1907; in April. 1908. when the Fairmont hotel
deed was recorded; in August 1908, and in
November 1908. Several large sales have been
made the deeds for which will be recorded
during December. and judging from the strong
/ inquiry that is made for San Francisco real
estate an active market is anticipated during
the winter and spring months.
The largest and most important sale OF the
| month and In fact. one of the most important
| sales made in San Francisco since the fire was
that of the northwest side of Market street.
l39 feet southwest of Kearny, so feet front on
Market. running through to Geary, on which
it fronts 40 feet, for S465, 600. Had the prop
/ erty sold had 80 feet frontage on Geary street
| the price would have been S500.00O, or exactly
$4,000 front foot. reduction Of $50, ,o0e
was made when the owners refused to sell
more than 40 feet on Geary street.
Among the other large sales made in the sc
yara % section are the following: North side OF
O'Farrell street, zl:6 feet east of Powell, 55S
/ 7I:6, sold by George de Urioste to the Wall
estate for s1so,oo0; the northwest corner Of
reported sold for $4,000; the north side Of
OFarrelI street, 1876 west of Powell, s.
x137;8: sold for $4,000: the northwest cor
ner of Taylor and Bay streets. 275 feet or
Taylor by 1876 feet each on Bay and NORTH
Point sold TO the city for $50, 600. and the
northwest ., corner ,os- Of Washington and Jones M
s91 800. In the 100 vara section the north side
Of Natoma street a feet east of New Mont
Minna sold for s22. 500 and the southeast side
Of Stevenson street. i5o feet southwest OF
/
| In the western addition, the north side OF
Jackson street f15 feet west of Steiner. COX
| l2l:s. with a residence, was reported sold for
! $4,000: the southeast of Hayes and
! Pierce streets. 13T:6x13T:6, sold to the
! city for $31 .125, aud residence on the north
side of Vallejo street, 110 feet west of Fill
more, 34:4x137:6, was reported sold for $83.500.
In the Mission the east side Of Capp street. I9z
lis, With improvements. sold for SIT 600.
BUILDING OPERATIONS
During the month Of November building con-
| tracts were entered into for total of 81 ,S07,-
| 073 divided follows:
frame ....................'.,. $1o6, a2s
Brick .,...................... 996, ,996
trSe to+i h,,, :. .
the fire amount to sl47 T57 .4OS. AS nearly all
| the buildings erected have cost much more than
! 10 per cent more than the original contract
| price. IL is estimated that the total value OF
| buildings erected since the fire amount TO not
less than 1852, 900. 900. There 24272 build
| ing permits issued since the Gre, for a total
| of S146, ,S3S. .231.
| During the month of November 702 mortgages
and deeds of trust We're recorded against San
Francisco real estate for total of S3.Si7 .5S5,
while 40 releases of mortgages and reconvey-
ance of deeds of trust were recorded during the
same period the amount of which Is not OBJ
tainable from the office of the county recorder.
month was one for $3.50, 900 given as ptlrt OF the
purchase price of the property purchased by
Selah Chamberlain from the Bankers investment
company the northwest side Of Market
street, 139 feet southwest of Kearny. The San
/ Francisco savings union loaned TO Oscar 1 !.
Luning S26S,000 on the northwest corner of
kearny street and Union Square avenue. and two
old mortgage for $4,000. The Hibernia bank
loaned TO Ferdinand II. Hesthal $150,000 at 5la
per cent net for one year on 20 parcels OF real
was a renewal OF an old mortgage. The Mac
! donough estate company borrowed from George