Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-30
REAL ESTATE RECORD
AND COURT CALENDAR
Trading in Local Realty for Past
Week Aggregates the Amount
of S102,Oi5.
BUILDING Is VERY ACTIVE
PERMITS Issued During Week Reach
Total of S143,I3O, and Total Will
Go Far Beyond Month of May
Last Year.
BUILDING IS VERY ACTIVE
The Weeks Record

| FIRE losses an M
me local real estate market was only
ii"''ihh!IY actiy" last week. While
~ were many good sales. and the
market continues to SHOW a steady dc
mand. tho results were no, as great as
'"' inc previous week The trading
continues along the same lines, that is,
WIN homcscckcrs showing the greatest
activity.
ne agents interviewed Yesterday
stated that the light business of tho
week was only the reaction of cx;on-
S,He trahiug experienced on the market
the previous week. There arc Il great
many INQUIRIES being received. which
should indicate that there is consider
ab!e interest in Richmond dirt. and
anat some good sales Will be closed
Iher" were reports in real estate cir
cieS Yesterday of some good deals that
had ncen put through. but the agents
VINO We're reported 20 have made then,
refused to give them out. but said that
IneE had been busy during the week
Ihe% SAID their clients objected 10 tho
sales being published but the deeds
Will go 10 record in the next few DAYS.
SOME DEMAND FOR
SMALL. TRUCK FARMS
There was som. little business trans
acted Tor farming lands. in the main for
small acreage tracts for truck farming.
near the city, but the results are not
as great as the agencies dealing in this
class of property had anticipated The
business during the spring months did
not amount TO as much as was cX-
pccted.
The transfers Of city property during
the past week reached "A grand total or
Sl62.2il while iIcnrico lands amounted
to little more than Sl5.nOO. one OF the
features OF the business was the re-
leasing OF much property, the release
deeds agEreGating far moro than either
the sales or mortgages. Notable among
these was TIL" releasing OF tho deed of
trust on the Broadway National. for
inerly the Main street. bank building
The Old Dominion Building Corporation
negotiated loans amounting to $S@.o45
on It's property at the southwest corner
Of Tenth and Main Streets. This lot
was recently offered at auction. but was
Withdrawn from sale because a salts
factory bid could not he secured The
highest hid was only s5s,o0O while it
was reported that the corporation had
paid about $4,000 for the lot about
three OF four years ago.
SOME: GOOD SALES
OF THE PAST WEEK
Among the sales that developed last
week were the following: j. ~ Hoof-
magic and wife, of Ashland, sold to L.
Caplan the brick dwelling at 1873
Grove Avenue. for $500. The Virginia
Realty and Construction Company sold
10 Charles X. Willis tho brick dwelling
AZ ! North Mulberry Street. for S7,c5O.
Mary r. Broaddus to Ada NJ. Humphrey.
Zoo feet on the east side OF Brook Turn
pike just south Of Wcstwood Avenue
Ginter Park, for S5.7OO. l.. u Cutchins
sold ITO Matte J. Beal twcnty-six feet
on the south side OF Hanover Avenue,
east OF Robinson Street, for $500.
The deed conveying the Little Thea
ter 10 the National Realty Corpora
ton. of Norfolk, for $36.50O. WAS placed
on record. The property was recently
SOLD at auction by commissioners OF the
United states District Court in tho case
OF Moses l.. lofhcimer. a wcll-know
theatrical! promoter and manager. who
fled a petition in bankruptcy som"
time ago. When the rheater was sold
at auction the Norfolk company was
represented by the Hofheimer Brothers.
also OF Norfolk, who arc said TO be con-
nccted with the real estate company.
Deeds of trust for more than $4,000
were placed on the property.
BUILDING OPER ATI0NS
SHOW GOOD INCREASE
Building operations We're good. the
permits for the week aGgrcgating more
than has been shown for some time.
while the fire losses were equally sat
isfa ctory. The loss by fire last week
was only $50. The Building Depart
ment issued permits amounting TO
SliS,i 1870, and there are large number
OF plans thay have not been approved.
1t Is said that the operations for the
month of May Will show a substantial
increase in both the new and repair
work over the same month last year.
y permit was issued during the week
TO John j. Steinbrecher to build a four
story and basement brick store ut rs
West Broad street, at cost Of $4,000.
Harvey G. Brown Will build 4 two
story brick dwelling at 2225 Monument
Avenue that Will cost 10000. Mat
thias +. kayhoe, Jr. will build eight
two-story brick dwellings on West
street and Hanover Avenue that will
cost approximately S26a50. ". j.
Gilman Will build two-story brick
dwelling on the south side Of Grace
street. between the Boulevard and
sheppard street at a cost OF $1,000.
ACTIVITY SHOWN IN
SUBURBS, NORTH AND SOUTH
There is much activity in the build
ing line in Battery Court. j. w. Hall
Is building handsome home on stuart
Road, and Walter Wills is erecting two
houses that are nearing completion
near the same place. w. L. Phillips
has just completed his nome on The
Terrace. An agent that spccalizcs on
property in this section said ycster-
day that business was active and that
there was II good demand for rental
property i'll this vicinity, which could