The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-12-25

Christmas week in real estate has out
done itself. Sales that are reported By
the realty dealers during the past six
days and the records of transfers show
ing the third week OF this month that
has abundantly fulfilled the prophecies
that this December VIII be the best in
the history of recent years.
All parts Of the city are represented
il the transactions. Suburban. residen-
tial. and business city properties move
in about equal ratio. The investor and
the Spectator are both ready to take
some Of the many bargains that the
real estate market has 10 offer at this
season Of the year.
No better proof of the stability Of real
estate holdings can be sought than in
the prices that property offered at auc-
ton is bringing. Brokers and investors
nave been together all the week and
many sales have resulted that chronicle
some OF considerable size.
Investors Buy Apartments.
A number of apartment houses have
changed hands during the week at prices
that are an indication Of the strength
Of the market Many investors have
exchanged or have sold property cut
right in order to invest the proceeds
in other and larger holdings. Taken
altogether. the activity in the market is
one OF The most hopeful Indications Of
the faith Of the people both AT home
and outside in the great future Of the
city.
Nearly 800 lots havB changed hands
during the past week. and the so con
yeyanCes that were necessary 10 be re-
corded in these transactions taxed the
Office OF the recorder OF deeds and the
other clerical employees concerned
The largest of the deals in extent was
that whereby the Catholic University Of
America acquired tract of twenty
acres in the vicinity of Holy Cross Col
lege and the Baltimore and Ohio Rail-
road Company's right of way The ac-
QUESTION Of this tract wiz help straighten
the lines of the property already owned
by the university.
The American Security and Trust Com
pany sold 1230 Connecticut avenue 10
Robert c. Wilkins. This property is in
the section that Is being rapidly invaded
by business houses and losing its for
mer residential aspect. The price paid
Is reported at $500
Suburban Developments. -
In suburban transactions, the United
States Realty Company was extremely
active in RandIe Highlands. This com
pany held the center of the stage IN
transfers on Friday.
One of the most notable gr0Wths in
the near-urban district is that Of Claren-
don, Va a number Of new houses are
IN course of erection. and the improve
ments Of water. gas. electric lights, pave
ments. and sewerage, coupled with its
proximity 10 Washington and the good
train service which il enjoys, attract
many hOme-seekers-
Mrs Louise TayIcr has begun the
erection of two emi-detached houses or
the south side of MacOnb streets Just
west Of Connecticut avenue, Cleveland
Park. The dwellings win be three
stories in height. viii stand on a lot
having total frontage Of s. feet and a
depth Of l25 feet, and each VIII contain
ten rooms. Each house viii have hard
wood trimmings, hardwood strip floors.
a hot-water heating plant. and viii carry
combination fixtures for both gas and
electric lighting The exterior construc-
ton viii be of frame and pebble-dash on
stone foundations and there viii be- COW
cred porches back and front. The houses
VIII be placed on the market for sale at
about 5000 each
CaVendish Apartment sold.
". c. Prather, Of the New York Real
Estate Brokers has sold for Harry
Wardman the Cavendish apartment
house. on Columbia road. TO f. L. Rien-
hold for 10000 The Cayendish is one
of the new buildings jpst completed on
Columbia road It contains ffty-six
apartments, which rent for about $1,000
The property has a frontage OF lS6 feet
on Columbia road and an average depth
Of ll5 feet The building is constructed
OF re-enforced concrete, and IL is FIRE
proof.
Mr.. Wardman took in part payment
the property known as Highview, Second
street and Rhode Island avenue north
east containing about 10000 square feet
of ground. Mr.. Prather represented
both parties in the transaction
stone IL F1irfaX Report
Testimony TO the fact that the past
year has been a busy one in the local
real estate field was offered yesterday by
Charles p. Stone. president of the firm
Of stone q Fairfax. Inc, when ne said;
IN summing up the properties that
were listed with as and which have been
sold since January ], this year. We find
that $40 pieces of real estate, including
residence property, apartments, and
business property, have been sold.
amounting in value to a total of S5S60010
I consider this conclusive evidence that
the past year has been an active one in
real estate"