Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-04-10
SALE OF AVENUE PROPERTY
ATTRACTS MUCH ATTENTION
Speculation Aroused by Secrecy Maintained garding
Transfers in Neighborhood Of 18th Street.
Talk Of New Theater Is Revived

as to provide power for any purpose
that Ii may be needed.
Spring Somewhat Behind.
Spring. although somewhat belated. ac-
cording to the calendar and the prevailing
practice in this latitude, is at last here.
and the process OF draping the bare out
lines OF the trees has begun. The grass
and the shrubbery have for some time past
been putting. on their spring attire. and
now the contrast between their soft fresh
color and the gaunt. hard forms OF the
trees is very striking. But the change
s wn.eh 10 going on win soon include the
ana the city homes will be in a setting Of
unusual profuseness and beauty.
The coming OF the spring in this city
Is always noticeable. because it means
SUCH Transformation In the surround
ings OF every resident. whether living in
large house or in q small one, for
everywhere and along all the streets
are to be found the trees.
Some Current Transactions.
w. c. Prather and NJ e. Ryon OF the
New York Real Estate Drokers report
the FOLLOWING sales of the week: For j.
r. MCGEE, three-story brick. 1402 9Th
street northwest, for 5000; for Mrs. &.
Bassett. corner. two-story brick house.
2s34 Sherman avenue northwest, for
$500: for Mrs. M. Gibbs. corner prop
erty. 1sU 14th street northwest. for ST.
600; twO-stOry pressed brick. i'll Oakdale
street northwest. for 5000; two lots.
Whitehaven subdivision. for $780, and
twenty court houses for J. Schiffman.
for $4,000. in connection with the Harii-
son Realty Company.
Wiliige. Gibbs & Daniel. real estate
brokers. have sold for Charles L. Hobart
lots - and 53 in square 1o11. on tho
f1g n 49,
East Capitol and streets northeast
The lots nave i frontage of A. feet BY
an average depth of 81 feet 10 a twenty
t1ot alley. The purchaser. Mrs. Charles
f. Tablel. VIII erect at once three
story apartment building on the prem
ises. Ii is understood that $1,000 was
paid for the property.
Business Property Values.
The payment OF so per square foot for
inside property, as was done during the
last week i'll the transaction BY which a
change in owners OF the old bank build
ing on 18th street between and q is 10
be effected, about tops the record FOR
property values in this city. Suci an
estimate, however. confines the price paid
10 the ground alone and assumes that the
building is OF no yaiEe. In this ease the
old Citizens Bank building may not be
OF any value to the Riggs estate. wlich
has presumably acquired il with the view
OF adding to its adjoining holdings to the
north, known as the Riggs House
Regarded simply as So much ground, as
the total area is nearly five thousand feet,
the consideration named. OF SIT, Oto makes
the per foot price The amount stated. TIE
frontage Is about fifty feet and the depth
about one hundred. 80 that II h. in tns re
respects what is known as a standard lot.
There Is also an outlet to the alley. Some
in Ia lr~ .~s.r IA
OF current values. The latest transaction
was the sale of the southwest corner OF
lith and q streets, containing about 400
square feet. In that case the improve
InentS did not enter into the considera-
ton The price paid was $50 per square
foot.
Some Other Transactions.
couple of years ago quite 4 vice
frontage on the west side Of 18th street
just north OF nnsyl"ania avenue was
sold for 81 per square foot. but in that
case the dertL Of the lot was 1s5 feet.
The adjoining property at the north
west oornes of Pennsylvania avenue and
18th street. before the present home OF
I he American Security and Trust Company
was erected, sold for SSp.SD. As il con
tains about 1853 feet. the price paid
about six years ago Nas a little oNer SO
per square loot. For the adjoining prop
pertv, now occupied by tie Riggs Bans
building. so per square foot MAS pad
about ten years ago.
In a Residence Locality.
During the last week the sale was re-
ported OF a large piece Of unimprovel
property at the northeast corner Of 16t.l
and X streets northwest. With bread
.rontageS on both thoroushfares, the to-
tai area Is about 5000 .eet The new
owner, who acquires from the RoessIc
estate, ard who IL Isaac T. Nam Of
West Virgin. Is report Il 10 have Did
$4,000. II Is also laid to be his inten-
ton 10 erect OF port on OF the ground
! residence for his own use.
Fewer Marriages IN Germany.
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