Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-18
REAL ESTATE RECORD
AND COURT CALENDAR
Market Continues Active and Deal
ers See Fright Prospects for
Summer nnd Fall.
WEEKS SALES TOTAL S3s7, 800
y. Hoen n Co. Announces Plans to
Build Big Lithogrnphing Plant T."
Cost StO0.OOO--Ctty Closes Deal
In West End.
WEEKS SALES total sas7 sos
The Weeks Record

l.ocht rc"l estate agents, IN ai-cusn-
Ing yesterday the condition ot tho
local market and IN. outlook for tho
summer and taii. said that hustncsa
was holding up remarkably we'll ioi
the season and that Indications wcr.
that there would he no aprrrriabie
stump IN the market during the SUM.
mcr months. They said that apparrnt-
~ there MAS bright future IN store
FOR The tall granting that business
conditions continued on their present
high plane.
Several of tho agents said that they
had not known the market 10 he as
active for several years. and that the
demand Tor all classes OF real estu,c
was unusually good In fact. many
OF them are having difficulty In tlling
the Inquiries made by prospective pIir-
chasers. No trouble Is experienced in
securing loans 10 finance transactions
where the entire purchase price is no,
availahls, and money is said 70 he
easy In tho market.
The sales OF city property during
the past week aggregated sag7 sos.
which was considerably greater than
Tor the average week 1T this season
and as large the best weeks Of tho
winter months. Iienrico County IRON
crty declined in activity somewhat the
transactions amounting. TO only slightly
more than 10000. CITY mortgages to-
tailed more than 5000, 900. with release
BLAIR SELLS PROPERTY
TO WILLIAM KINDS
Featuring tho trading last week was
the deal by which Lewis II. Blair ac-
uuired from william Kinds. trustee Tor
Ann" Kinds two brick apartments at
30l2 and 3oi4 Monument avenue. The
property fronts sixty feet on the north
side or Monument Avenue. extending
back $40 feet, and sold for S6aODo
Blair. III turn, sold TO William Kinds.
trustee three lots. one of which il
improved with two brick apartments
on the north side OF Main street lust
west OF the corner OF Cherry Street
The three lots were valued at $4,000
The Chesapeake. and Ohio Railway
Company purchased strip OF land
on the vest side OF Sixth Street from
the Atlantic Land and Improvement
Company for s22,a7065. The property
was acquired for riEht-of-way for
a connection track that is bcin. built
between the Chesapeake and Ohio ami
the Atlantic Coast Line Railroads.
Maude ). Farley. trustee. sold 10 the
Hocn building Company. Of Baltimore.
the block of land bounded by Claiborne.
Randolph. RESERVOIR and Blair Streets.
for $4,000. Following the acuulsi-
ton Of this land y. Hocn &. Co an
nounccd that il would erect large
modern lithoEraphing plant. represent
Ing an expenditure OF about 100000
The new building will be only one
story high
RECORD DEED ENDING
SEGOTIATIONS WITH Forbes
Albert Pfaus sold !, 10, fronting
th!rty-tive feet "a, the southeast cor
ner Of Grove and Auburn Avenues to
Robert l.. Watkins. The purchase price
was reported as being $500 Charles
Milhiser acquired Il lot fronting seven
ty-hvc feet eleven and one-half Inches
on the east side OF the Boulevard, just
north Of the corner OF Floyd Avenue
Tor s23.so0. Davis Brothers purchased
Il lot fronting $50 feet at the south
east corner Of Grove Avenue and Gil
mouf Street which was valued at sl2-
500.
The most important development in
realty circles during the past week
ana an Improvement that has been
sought by real estate men for more
than five years. was the final action of
the Council in completing negotiations
with w. S. Forbes for the extension OF
Monument Avenue and other West End
streets beyond the Belt Line tracks
The deed has been signed hy Mayor
Ainslic and placed on record. and il is
expected that work will he started
shortly for the extension Of these
streets.
The Richmond. Fredcricks burg and
Potomac Railroad Company will Invite
bids In the next few days for the de-
preston Of the Belt Line tracks. and
the extension of the West End streets
is expected to go forward at the same
time. The city purchased the required
land for the opening of Monument
Avenue. and for the widening of the
Roseneath Road for $4,000 from Mr..
Forbes. who dedicated, free of charge.
the other property necessary to open
these streets.