Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-04
ACTIVITY IS MARKED
IN REALTY CIRCLES
Many Good Sales Reported, With
Others Pending-New Apartment
Houses Planned.

Marked activity in real estate circles
was reported for the week, with num-
Der Of sales of good size and one of spe
cial Importance. Realty brokers almost
without exception assert that conditions
good business, which. they say. is an
Indication that investors as well as
home buyers anticipate no general de-
preston, at least in the near future.
Feature Sale of Week.
The weeks feature sale was that by
which Franklin V. Killian acquired title
to the property at the northwest corner
of 9Th and E streets northwest, and three
,ther improved lots adjoining on street.
The area embraces 1888 square feet, To-
which Mr.. Killian paid at the rate OF
slightly more than $50 a square foot 1he
corner building was formerly occupied by
Kloczewskis drug store. and shortly after
the death of DIR. kioczewski, few years
ago, it was bought by his widow. who
paid $4,000 for the properties bought by
Mr.. KiiIian. The price paid in the latest
transaction shows an advance. of more
than 100 per cent over the price paid
about five years ago. Mrs. KlocZewski's
interests IN the transaction were handled
by Ross Phelps. inc, while c. w. Smp-
=on Co.. inc. handled the BUYERS end Of
the deal. 1t il understood the purcha sc
price, about 100000. was paid in cash.
Sells Two Apartments.
Other sales handled in the last month
by the Simpson Company included two
la apartment properties. unimproved lots
IN which two apartments are to be built.
md seven residence properties. besides
some out-of town realty. The Santa Rosa
apartment house, 1872 18th street north
.uest was sold TO the Miller estate for
$50 0O0 to be held as an Investment. and
house to S STOKES. the nrice paid being
about $4,000. This building is at $500
18th street northwest.
Plans $3.50, 900 Apartment.
J. F. Newman bought through this
company three lots on New Hampshire
avenue between N and o streets, paying
for them S22.500. The buyer has made
ment house which is to cost approx
mateiv s25o.0oo. George Henderson also
purchased lot 5, in square 104. for $1,000.
and is to build an apartment house there
on.
Swartzell, Rheem & Hensey sold through
the Same COMPANY residence properties
172l, 1923 and 1925 Euclid street nn-th-
west. the price being $4,000. Proper
ties at 40 NJ street northwest and 1913
Columbia road were sold for the Miller
estate. the former bringing $500 and
the latter $4,000. E. c. Thomas bought
the property at 315 Virginia avenue
southeast for $500. and c. B. Stewart
paid $500 for property at 216 14h
street northeast. An out-of-town deal
of some Importance handled bv the
company was the sale for J. J. Moebs of
hotel at Loeb Lynn Heights. Md. for
$4,000.
Home for Day Nursery.
The UrsuIine sisters Of Frostburg. Nd.
have purchased the tf1ree-story brick
residence at 519 4th street northwest. op-
posite the pension bureau. and will occu-
py the building. after extensive improve
ments and remodeling. as day nursery
for infants and small children. The lot
has frontage Of fifty feet on 4th street.
the house being entirely detached. 1t
| was acquired from Thomas w. Fowler
& Sons. acting for the owners. the price
. being $10,500. the Office of William p.
Normoyle acting for the sisters.
Sells 18th Street Properties.
T. a1<f.