Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-01-16
I0NDARD STREET
PROPERTIES GAIN
BUYERS ATTENTION
Gle at Conner of 10th First
n That Section in Long
Time, but Interest Appar-
sntly Aroused.

.-.nsr,v at the southeast corner of goth
lombard streets has just been sold
o.orge xix to Eugene Loeble, sub
a ground rent Of As, for $500, the
...Ad value for 1914 being $1,000. 1t is
'..,s.story saloon and dwelling, on a lot
~, front by a depth of 9S feet.
~, ia the first transfer of property
lombard street near goth street for
time It is believed, however, that
s,,ly quite number of properties have
u. examined with an idea of locating
..,,gss within easy reach of the central
.,or This movement has been caused
:. ho advance in value of properties on
4. ,orrower blocks of De Lancey and
RIitenhouse streets' anu seeNhs Hkely 10
r, quite hoiu' -, ,.
:. iombard street Is the fact that many
s-,nertles have upon them irredeemable
s..rnd rents, and the owners of such are
s,nctant TO part with them and let a
.,,sr title be passed, unless a substantial
sorps be paid amounting to from 25 per
.sot 10 g per cent. in addition to the
principal
SALES IN THE SECTION.
isD April 13, 2114 Lombard street. lot
q tset by 66 feet ground rent s36, $22OO
,,,sssed in 1915 at $4,000; 1910, January s,
MO Lombard street, 10 feet 2h inches by
4 ,eet. s2SOO, assessed in 1915 at s25OO; 1913
August is, 21O9-1t Lombard street, lot 80
s,t by IS feet, $500, assessed in 1915 at
rNo, october 5, 219O Lombard street and
,,,r. offered at $500, assessed in 1916 at
,sYo. November 10, south side Lombard
,,reet. 2l2 feet 2 inches west of Goth
,treet, old Octavius Cato School sold by
M Board of Education to Richard
coogan. 10000; 1908, June 10. Sis South
gjth street, lot 16 feet by 81 feet. s27OO;
MI February 10, 4O2 South Goth street
lot Il feet by 4S feet ground rent SiS,
mo-, May 10, AIS South Goth street, lot
Is feet by 60 feet, ground rent $3.50, $25OO:
t,ll January 13, 1926 South Goth street,
lot is feet by 5S feet, $3.50.
Prices along these lines make a good lot
md a substantial building come within
reasonable proportions.
SALE AT WOLF AND vANDALIA.
The purchase by Raymond H. Allen
nom David NJ. Ellis of property at the
,cutheast corner of Wolf and vandalla
r,reets, lot $3.50 feet by 175 feet, or 1.1i19-
100 acres. looks like further building
The Merton Title and Trust Company
took a mortgage Of $135OO upon the prop
gty 1t is not far from the large manu-
iacturlng plants of the Pennsylvania Salt
Manufacturing Company and large COM
mercial interests on the river front. Here
Increased activity may be looked for.
The great impetus given to the export
trade, the deepening of the channel and
he Panama Canal will all be felt in
tine Builders in the southern section
a the city are united In the opinion that
when Oregon avenue is vacated by the
Baltimore and Ohio Railroad Company
ballding conditions will assume very
much larger proportions
Mortgages from January 9 to IA show
tAs following:
Ians made by building and loan asso-
lSans made by individuals. ........... 800
Loans made by trust companies and
AYnB Iuuds ....-.............. l42, OUU
This shows quite falling off in the
amount usually loaned from trust funds.
LESSOR.