The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-07-04
REAL ESTATE NEWS AND THE
CITY'S BUILDING OPERATIONS

Real estate dealers generally report
n quleC week, but with every Indlca-
ton of continued tense market. Own
ers have been holding their property
hlgh, and occasional sales have been
made al good figures. There have been
almost no features in the realty mar
ket Tor the past ten days. IT is known.
however, that good many large deals
arc pending, and may come through
The interest Of investors from other
cities in Salt Lake City real estate is
reported great and the activity by out
side investors, which began early in the
year has suffered no relapse.
In the meantime. reports Of various
small sales, consisting of building lots
and homes, are received from day TO
day, which show that there has been
Little falling off in the market as the
result of warm weather. Sales amount
ing 10 more than $4,000. mostly IN
small amounts, were reported for the
week by a. Richter. as follows: j, ID.
Sullivan purchased handsome seven
room residence at 1864 East First South
from W A. Lee; Mr.. Giberson pur-
chased siX.room modern residence on
Fourth South from Mrs. Ada Clark;
VIII Culmer purchased q building lot
on Eighth South, near Sixth East, with
u frontage of fifty feet; j. w. Dyer
purchased from II. |. Meirs similar
building los at Second avenue and 5
street; q. Sullivan purchased from II.
NJ. Eakin n modern four-room cottage,
Joseph House purchased building lot
with frontage of fifty feet on Laird
avenue from Charley Christensen, and
Mr.. Shoemaker of Los Angeles pur
chased lot on State street, between
Fifth and Sixth South.
This latter property has frontage of
II y feet and a depth of 165 The pur-
chase price. $3.50. is about $lI5 per
front foot. The purchase was made for
investment purposes.
The Hubbard Investment company re,
ported the market active in building
lots, with numerous homeseekcrs look
about for investments During the past
week, seven lots were sold in the new
Fairmont Park addition, Just below
Twelfth South, near the Sugar House
section; five lots in Oakley Park, two
building lots in Lake Breeze and four
lots in East Waterloo addition,
Something of the manner in which
trading is done here is shown by 4
recent sale Of n house by the Hubbard
Investment company. Mrs. Lydia
Lynch listed her house with r member
OF the company at the outing at Salt
air. Real Estate day. Little attention
was given 10 the matter at the time,
nut the next day two prospective pur-
chasers appeared and the following day
Mrs, Lynch was paid the purchase
money. The amount exceeded the price
paid for the property by about 30 per
cent, AS the house was purchased
originally at fair figure, and had
been occupied as a residence for about
five years. this was considered good
bargain, The property is located on
Lake street, and was sold to Mrs. Anna
Leffler.
A number Of sales were reported by
Burt & Carlduist. This firm reports
the market active in properties Of small
value, especially building lots and
homes. During the past week the fol
lowing transactions were carried out
A fine building lot on the northe,~S
bench was sold to Frank E. Blair by the
Investment association; n
pair of choice building lots on Ninth
East were sold TO f.. G. johnson; six
building lots on Blaine avenue to the
Deseret Mutual Investment company