Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-16
REAL ESTATE RECORD
AND COURT CALENDAR
Several Large Transfers Are Com
pleted, Despite General
Dizziness.
CARY, STREET CORNER IS SOLD
hatke Disposes of Property at
Eighth Street to r. z. Eubank for
S55,OO0-West End Apartment
Brings Good Price.
The condition Of the local real es


tate market during the past week was
less active than the previous period
The number Of deeds placed on record
In the Chanccry and Hastings Court,
Part III, was not as large as usual,
while the amount OF money spent for
property in the city and suburbs fell
below that Of the previous week. The
only variety Of deeds which made any
gain at all was the deeds of trust
There were forty-nine deeds Of trust
placed on record last week against
forty-two for the previous period. The
amount of the trust deeds last week
was @32S.524. which Is a gain of nearly
$250000, as compared with week be-
fore last.
Although there was not great deal
OF activity in buying and selling real
estate last week, the week was not
dull one. The large amount Of money
borrowed on local real estate goes to
show that the real estate agents as we'll
as private citizens know that local
real estate Is a safe and solid invest
ment, and they are not afraid to lend
money on Richmond property.
THREE LARGE DEALS ARE
PLACED ON RECORD
Featuring the trading last week was
the completion Of three big deals for
large lots OF land in various sections OF
tho city. Two lots OF land located In
the West End. or residential section OF
the city, brought 4 total of $4,000.
while one lot Of land in the business
portion OF the city was sold for $685.
600.
J. A. Hatke has sold the lots OF land
at the northeast corner Of Cary aud
Eighth Streets for $4,000. A three
story. comparatively new. building was
included in the transfer. p. L. Eubank
becomes the owner of the lot and the
building. The property on which the
building stands has frontage OF Nifty
Ave and three-Quarter feet on the north
line OF Cary Street. and extends back
for depth of 100 feet on the east
line Of Eighth St-.et.
The Virginia Realty and Coma: rue
tion Company and Henry S. Wallerstein
figured in deals for two large loss OF
land in the residential section % the
city. Wallerstcin was the purchaser IN
both Instances. The Dakota Apart
ments, a handsome three-story brick
apartment house, at the southeas. cor
ner OF Boulevard and Floyd Avenue,
has been purchased from the construc-
tion company by Nallerstein. The
apartment. which was recently erected.
was sold for $4,000. The lot of land
on which the building stands has a
frontage OF thirty-eighi feet on the
east line of the Boulevard. and extends
back depth Of 100 feet.
ADDISON STREET PROPERTY
SELLS FOR $4,000
The second lot OF land which Waller
stein purchased from the construction
company Is located on the west line OF
ADDISON Street. just south of Chafin
Street, and was sold for $4,000 The
property has n frontage of forty feet
on the south line Of Addison Street
and Il deDth of Si1ty-four
Building operations are still below
normal. but before long there is sure to
be great deal more activity in local
building operations The weekly re-
port OF the Building Inspector shows
that during the past week the new
work and repair permits amounted to
sl3.577.50. There are several large
structures partially completed that are
costing considerable amount of
money.
The wrong side" Of Broad Street IS
to be greatly ornamented by the re-
ncdeling Of the new home OF the Cen
trail National Bank. situated at the
Northwest corner of Broad and Third
Sweets
The building is the old Hofheimer
Building. and has been remodeled for
banking purposes. A handsome now
store front has been put in and .he
name OF the bank has been carved in
1t. On Tuesday night the b1 TX will
hold Its formal opening. and invita-
tions have already been sent out for
tic housewarming.
Several important structures are be-
Ing erected throughout the CITY. Tho
new Broad Street Station which is
now being erected on the site OF the
old Hermitage Golf Club is beginning
TO take shape. and is being watched
daily by persons Passing the erc.,ras
In connection with the erection IF
the new station is the building of the
new Belt Line Bridge, which is now be-
ing erected Just short distance from
the present bridge.