Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-01-09
MARKET is NARROW
FOR PROPERTIES ON
DE LANCEY STREET
Attention of Realty World
Attracted by Sale Of
Four-story Resid en- e
There for $4,000.

Another residential section comes Into
notice by the decree Just issued by the
Orphans Court, authorizing the trustees
for Hannah e. and John @. Leech ct all,
under the will OF Edwin Greble. to sell
premises No. 1881 De Lancey place to
| Ralph C. Wilson. This is a four-story
residence, with lot 20 by 75, and assessed
at $4,000 II was sold for $4,000
This sum probably is as much as could
be obtained for the property now, as
properties of this size are by no means
easy to sell, and the market is very mar
row. This is shown by other sales as
follows:
Assd 1916
1905, March 20, southwest corner 18th
street and De Dancey place, lot 20xT6,
Feitus, ssT,5o6 IV'. .,Us"V" sS5 600
bscoa Ss sA r. riley H s2G 500 '''sO" ... y. $4,000
1897 Si GUY SoI$a ff d Fsasey EP5.e 6sSSsd ss 1st
began s 10000 ..e'..,s,.. '" 'a1's - SC.' - $4,000
Esther F. F MeaTs Near, SIS 600 Jones " 21 600
oIe % &nhie ,Hs W Pero tars sisoSe SS UOp 2aOOo
,oiG Ass sy il it isS p. Sc SSssy Ss place. 10000
Water Sf t' AoTstmnh, n,ry $4,000 S company 5000
lot 2oxf5 Daniel r. Warden 10 Alice -.
r. Wilson. $4,000. observation-disclosures. lS'OoO
The block from 18th street to 18th is en-
tirely residential in it's character, central
In location, and is near the best trolley
service.
With increased activity in real estate,
properties on such streets, removed from
noise because of being out Of the direct
line of heavy travel, will be sought for.
STRENGTH SHOWN IN SALE.
The section of the I'd Ward, near Eighth
and Christian streets, has been advancing
in value lately, as is shown in the sale
reported yesterday of premises, Nos IA
and 74d Christian street, by David Mar
gulis to Samuel Soil.
Property No No 74i has lot 17xTa.e as 60 -oo
PTeperty No 7is has lot '2sxise s q Fo'0'O
corner Sth and Christian streets, as
sessed ''................'.'.''. l2,ooo
$4,000
The purchase price for this property was
$1,000 or at the rate of $7OO a front foot.
OH Juiy o, 1910, MT. Mdle guns puTCildSeu
the property from Louis Cherry. guard
ian of the estate of Joseph Corletto, for
S27, 900 or at the rate of 800 front foot.
II was assessed for $4,000 at that time.
Conditions at this r'ltnt are very strong
and the entire locality for several squares
made a very good showing in the year 1914
NOTES ON TILE STREET
Mortgages recorded for the first three days
Of this week follows;
Made by building and loan associatlonsSlTs,50 800
Made by trust companies and saving
funds ,.,.',. .'''.......... 12O,a1O
5000, 400 |
Among the large mortgages are the fol-
lowing:
S4s,OOO-F B. Buchanan to Mutual Trust
Company, on property north side of Arch
S1J,000-I N. Smith to w. A. Bailey on
Nos. l503-5 Master street
$l4, TO0-E, ]. Bamberger to A. W. Flescher,
lortheast corner Erie avenue and Marshall
si6OOO-Penna Co. for ms on Lives. etc.,
o Samuel II. Thomas, on south side De Lam
SIT, 0O0-Franklin Bndery to Dock Street |
Building and Loan Association, on northwest |
'orner Locust and American street.
Sl66, 6O0-F. r. Hennessy to s. s. Bloom, on
northwest side Of Passyunk avenue and north |
'ide of Tasker street
The development of the week distinctly
s encouraging along all lines of real es-
ate.
LESSOR.