The Washington herald., 1915-12-05
ACTIVE MONTH IN
REALTY TRADING
Sales Figures Eclipse Those Of
Same Month m Past
Two Years. e
PHELAN BUYS MANSION
Fernsboro Apartments Sold to James
L. Karrick for $4,000
Market Totals $392.575.75.
PHELAN BUYS MANSION


With $3.50 900 involved In sales, realty
trading was more active during the last
month than 1t has been In November
since 1872 During November. 1914. the
trading involved S2.4s5. 900. The record
for November. 1913. shows an investment
Of $.78.oOo
During the last week, brokers closed
l2s deals. including the transfer of 20
lots and parcels Of real estate. Tuesday
was the banner day of the week, with
twenty-six transactions to its credit:
Thursday ranked second. with twenty
four deals. followed by Monday with
twenty-three. Friday and the halliday
Yesterday each registered twenty-one
There were fourteen deals closed on
Wednesday.
Northwest Moves Up Second.
The outlying suburbs again led the mar
ket. being the scene Of the transfer of
100 parcels of land. The Northwest
moved into second place with forty-four
ioo conveyed In the near-urban dis
tricts. thirty-one sales were made. There
We're twenty-eight lots sold in the south
east. eighteen in the northeast and three
In the southwest
One OF the notable sales of the week
was that Of the Fernsboro Apartments.
Florida avenue and Decatur street north
west. which Harry Wardman transferred
to James l.. Karrick. The encumbrances
and revenue stamps indicate the price
to have been Sl67 500 Mr.. wardn,an 1,
reported as having taken a vacant lot
In street. between Fourteenth and Fiji
teenth streets northwest, in part pay
ment.
The Newton Apartment IN r street be-
tween Fourteenth and Fifteenth street,
northwest. was purchased by Ralph l.,
Gait. for which he is reported to have
paid 81 900. Clarance F. Norment the
seller. took in the deal the Gait property
at 1900 Delafield place northwest.
Premises at SIS Connecticut avenue
northwest were purchased by DR. Thomas
r Mallan at price indicated by the
stamps to have been 81, 900. As part con-
sideration. the physician transferred to
Allan E. Walker. the seller. a third in
terest In premises at 81 z street north
west.
Phelan Buys Russell Home.
James d. Phelan. the new Senator from
California, who succeeds Senator George
c. Perkins, has purchased from Peyton
Russell the white stone residence at e2l9
r street northwest. The purchase price
Is given as $4,000. The home faces on
Sheridan circle in one Of Washington's
most exclusive sections. Senator Phelan,
who is staying at the Shoreham, is ex-
pected to move into his new home by the
first of the year.
The st. Paul apartments. 1s,e1sz2 FIJI
teenth street northwest, was transfer
red from W. c. BowIes to Mary L, Tay-
lor. The consideration = reported to
have been SIS. 900.
Frank v. Killlan paid eea.Soo for he
property at 41s Twelfth street northwest
opposite the Raleigh Hotel II Ia oceu-
pied by the Wallis Cafe. The business
property at 5o4 Eleventh street northwest
has been acquired by Charles p Stone
and Charles ". Fairfax from Edward P.
Thomas. The stamps indicate the price
to have been $4,000.
More than three-fourths Of the loans
made during the week were to persons,
already owning their property, and arc
therefore known as straight loans. A
total of $3s2.515.D was loaned IN this way.
The sum of all the notes given for de-
ferred purchase money was SIS. ss2 -.
Building associations advanced to NAM
bers s23,50o