Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-07-15
REAL ESTATE RECORD
AND COURT CALENDAR
Local Market Shows Unexpected Ac-
tivity for Midsummer
Period.
SALES ARE WELL DISTRIBUTED
Besides Several Largo Transactions,
Many Private Dwellings in AL
Sections OF City Change Hands ut
Good Prices.

The local real estate market was
more active during the week which
ended yesterday. az compared with the
foregoing period, and the number OF
property transfers placed on record In
the Chancery Court was nearly double
those Of the previous period, while the
amount Of money spent In local real
estate was over twice as much. Last
week was tho biggest week OF the
summer season and followed one of the
dulleSt weeks.
The large amount OF money spent for
property throughout the city can be at
tributed to the fact that one lot of land
was sold twice for $4,000. but despite
these two large deals. the weeks totals
would excel those of the foregoing
period. Featuring the weeks trading
was the fact that there were a number
OF deals for small property. In num-
Der of instances deed recording the sale
OF private dwellings in All sections of
the city were placed on record
The large amount Of buying and sell
Ing OF property which took place last
week is something unusual for this sea
son OF the year. AS the figures for the
corresponding week last year will
show. The amount Of money spent
for local real estate during the same
week last year MAS $4,000 against
over 100000 for the week this year.
il has generally been expected that
The market will be duh during the sum-
mer season. but last week proved to
be an exception TO the rule.
WEEKS TRADING IL
CONSlSTENT TIIRoUGHOuT
The weeks trading was consistent
throughout. AZ on no single day did
the property transfers amount TO less
than $4,000. while Friday proved to
be the banner day Of the week and
the property transfers amounted TO
S2is.776 The number Of deeds placed
OH record also continued steady
throughout the week and there was "A
steady flow OF deeds into the clerks CT
flee Of the ChanCcry Court.
The two largest transfers of the
week went on record on Friday. and
both transaction We're for the same lot
Of land. r. c. Ebel and others and
Colonel John Murphy were the princi-
pals in the first deal. whereby the lat
ter became the owner of 1t OF la I'd.
known 7o3 East Broad street. for
the sum Of $4,000. The property has
4 frontage of twenty-six and hvc-six,hs
feet on the south line OF Broad Street.
and a depth of l33l-6 feet Colonel
Murphy and Meyer Grcentrcc were the
same lot OF land. The purchase price
in this deal was not given but a tax
valuation OF $4,000 was placed upon
the property. The land joins the
Meyer Greentree store. and is at pres
ent occupied by a restaurant
CARY STREET. CORNER
SELLS FOR s4pn0n
a. II. williams ana others and Sc
rena NJ. Williams and others ii figured
IN large property transfer when tne
former transferred To the latter prop
.rty at the northwest corner Of Ninth
and Cary streets. The 10, Of land has
Of Cary Street and extends back for
4 depth OF 100 feet on the west line
Of Ninth Street. The sum of 10000
was paid for the property.
Yesterdays trading was unusually
active for Saturday snort business
day. The trading yesterday amounted
TO s37,s0l.s6 and was featured by one
large deal for property on Patterson
Avenue just beyond the Belt Line Rail-
road. +. A. Saunders purchased the
property from r. l.. V. Farrar for the
sum Of S25.526.SG. The land has a
Of Patterson Avenue and "A depth Of
1851 feet.
WILL ATTEND REAL
ESTATE CONVENTION
F. NJ. Boykin. secretary of the Rich
mond Real Estate Exchange an
nounced yesterday that so far only
three members of the local real estate
exchange had announced that they
would positively attend the tenth an
nual convention of the National AS
ISOLATION of Real Estate Boards 10 be
held in Milwaukee from July % TO
81. w. r. Rcdd. T.. f. Schmidt and
F.. NJ. Boykin have announced that
they will attend the convention in Mil
waukee. In addition to these it is
thought that others may also attend.
The local party will leave on Sat
urday for Pittsburgh where they will
be joined by the cher delegates to the
convention and ~-'l then go in a spe-
cial car to Chic'~n. From Chicago the
party will journey to Milwaukee on
July 90 arriving at the convention on
July "a.
Building operations for the past
week show a slight increase ever those
for the previous week, although the
number of permits issued was not as
large as for the previous period.
Kingan & Company were issued per-
nit to alter and repair brick struc-
ture at the northwest corner of Fifth
teenth and Cary streets to cost SIS
b00