The Washington herald., 1909-04-18
CITY Is EXPANDING
TOWARD The NORTH
Street Car Lines Chief Aid
to the Movement.
REAL ESTATE FAIRLY ACTIVE
Brokers Say the Demand Continues
Good and Values Are Slowly Adj
vnncing Outside Capital Seeks
Investment I'm Houses, Lots, and
business BuiIdinss-Some sales.


week has shown average activity. sales
reported covering a great many resi-
denees, many lots changing hands with
a view o. building operations. and few
pieces Of business property. Brokers say
the tendency of values is toward higher
level and that the demand for all classes
Of property warrants the advances.
Il appears that the inflow Of money
Tor investment In Washington real estate
from the outside is greater this year
than ever before. Many Of the new
members Of Congress and officials of the
Taft administration have already in
vested in property here. and others are
on the point Of doing so. Tie attention
which has been given 70 investments OF
this character by the newcomers has
become almost a joke AT the Capitol.
where il is sometimes said in the cloak
rooms that realty brokers in Washing
ton are about the shreWdest men men,
bers o. Congress have ever met.
The fact that officials OF the govern
menL rush into real estate investments
before they have been in the CIV a
month is proof Of the Increasing conf
dence in the safety OF buying into this
form Of property which has gone all over
the United States The fact means
much in the future development OF the
Capital. and Il does not seem al This
time as though the movement can be
headed of, except through some wide
spread disaster which would depress the
values OF property in some unusual way
Improvement Goes North.
The most striking feature Of real es-
tate development Of Washington this
year is the pushing OF building operations
in the northern suburbs From Rock
Creek 10 the Soldiers Home. out in Ia
koma Park. and east Of the Soldiers
Home Unimproved lots are being bulk
upon at a most rapid rate. The movement
is especially marked along Sixteenth
street, Fourteenth street. Georgia avenue.
and Rhode Island avenue. in the north
east section. The new and improved
csr service 10 Decatur street. on the
Fourteenth street line Of the Capital
Traction Company, which has convinced
the rival company that something must
be done IN the northern territory which II
occupies, is chiefly responsible for this
movement That il win be of very large
proportions this year is already ap-
parent
Tie extent Of this movement is well set
forth in an interview had yesterday with
II. l. Thornton. who for several years
has dealt largely in property in Takoma
Park. Mr.. Thornton spoke specially Of
the sales of residences and building sites.
He also thinks values Of such holdings
viii increase with the improved car serv-
ice promised over the Georgia avenue
line about June I. when the company
shall have completed its improvements /
upon the Brightwood barn. where the
new cars VIII be stored at night
Property Sells at TakOma.
Speaking Of Takoma Park in general
and OF recent sales made in particular. /
Mr.. Thornton said;
The advantages Takoma Park offers
10 those who desire an ideal suburban {
home are numerous There is a fine dis Z
trict school. three grocery stores. drug
store. post-Of1ce. town hall for entertain /
ments, &c, steam railroad. and electric 7
car line with one fare TO any part Of the I
city; also water. sewer. and gas mains. /
granOlithic sidewalks. police and fire pro- I
lection. At the present time you find I
about twenty-five houses in course Of con- !
structiOn at Takoma Park and at least /
thirty which have been completed during 4
the past year. Houses that are rented al 4
Takcma are leased by the year. There is I
a new tenant ready as soon as the Old /
tenant moves out
The following is a list Of some Of the /
recent sales Of houses and acreage tracts J
at Takoma Park:
For Mrs G. NJ. Kirby her residence in !
Cedar street to F. Viola Fowler
For Mrs. Annie T. Seaman house No. /
g Chestnut street to c. Mess.
For Mrs. Rose 3 GRAY two lots al cor
ner Of Sixth and Butternut streets 70 4
K. Hill. Mr. Hill has two at
-raCtive eight-rOOm frame dwellings I'M
der construction. The houses will be
placed on the market as soon as COM
pleted
For John T. Thornton lot in Butternut /
street near Sixth 10 H. r. Holroyd.
For c. Moss house in Willow avenue TO
Mrs A. T. Seaman.
Lots Sell for Building Sites.
For H. l. Thornton two lots in Fifth
street near Butternut 10 George /. Tar
bell for investment: 10 c. II. Spencer. for
home site. two lots in Sixth street south
lf Butternut street 100 feet front BIZ III
lepth; 10 Frank Reppert two lots corner
Sixth and Aspen streets 120 feet front !
Tor home site; 10 William K HiU two
OTIS IN Butternut street between Fifth
md Sixth streets; 10 II. 3. Ashley a large
ot ar the southeast corner of Piney
Branch road and Butternut street on
which the owner proposes 70 build an at
ractive home at once.
For the Cowling estate. a large tract Of
ground fronting on Brightwood avenue
ust north Of BUtternut street. TO Mrs. z.
;chmick.
For Mabel L. Scott. in connection with
2 Golden Donaldson. four and one-half
.cres Of ground in Blair avenue. to Mrs.
: Schnick.
ion with B. n Warner. $50 lots. being
art Of the Thornton estate, to keystone
Realty Company. who have commenced
'Uilding houses, which viii be placed in
ne market for sale during the summer.
For II. j. Thornton, lot at corner or
fifth and Dahlia streets TO Miss Susan
iuffin. who is now erecting an attractive
.ome
For Georse r. PROUDLY. a large lot in
'hestnUt street 10 W. S. Browning. for
home site.
For Mrs. c. NJ Kirby, lot % feet front
n Cedar street 10 Mrs. c. C. Stout. Mrs. |
tout is just completing a large nIne-room
Bungalow on her lot
For S. Wilitms lot in Cedar street.
ear Sixth. 10 R. B. Gray
Dwight Andersen has sold In connection
nth Boss & Phelps, premises L223 Fiji :
Continued on Page 2, Column 5.