The Washington times., 1917-01-27
APARTMENT SALES
FEATURE TRADING
Chesterfield, New Bloomfield,
and MariIynn Transferred
During the Week.


$4,000 and OF two others at about $4,000
each were the features Of the rather in
active trading that marked the fourth
week Of January in Washington realty
circles. A total OF 106 transactions was
effected. in which were involved the
transfer Of 2o3 lots and parcels OF real
estate.
A review Of the past weeks business
shows a decline OF thirty-two sales from
the record OF the preceding six days. In
the corresponding week Of 1916 there were
100 deals reported. in which were COM
prised LIZ lots. While the sales Of the
past week were three less than last
year there were thirty-one more lots in
the volume Of trading.
John Van Ness Philip. formerly OF
Washington but now residing in New
York, purchased the Chesterfield apart
ment. at 3141 Mt. Pleasant street. from
w. T. Fitzgerald. The price is reported
as $4,000 The building was erected
about seven years ago. and contains fif-
teen housekeeping apartments.
Apartment Transfers.
The New Bloomfield apartment. at
nIs Mt Pleasant street. valued at about
$4,000, also was transferred during the
week. Henry P. Amos conveyed the
property to Levers 8. wilkinson. The
transfer Is subject to q trust for 81 $50
The third large apartment to figure in
the weeks sales was the Marilynn. at
1914 V street northwest Ralph e. Walk
er sold the property to Marshall McKib-
ben and George A. Harris. The property
Is subject to an encumbrance OF $4,000.
In connection with the sale OF the
Chesterfield. Mr.. Philip conveyed to Will
liam T. and Emma b. Fitzgerald the
property at Thirty-fourth and r streets.
I'm GEORGETOWN, known as the Worthing-
ton estate The price Of this property
is rumored at $4,000 The purchase in
cIuded lots 20 to 10 and part Of lots 03
and 205 in square 1884.
New Hampshire Avenue Deals.
Two properties on New Hampshire
avenue were sold during the week.
Premises 1855 New Hampshire avenue
was acquired by Murray A. Cobb from
the American Security and Trust Com
pany John L. Warren purchased lot
on New Hampshire avenue. between r
Only nominal considerations are given
in the deeds.
The outlying suburbs continued in
the van of the weeks trading, being
the scene Of the transfer of sixty-one
parcels. The near-urban district
ranked second. with ffty-three lots
The northwest was in
third place, with forty-seven lots to
its credit. There were eighteen lots
sold in the northeast, thirteen In the
southeast and nine in the southwest.
The largest single loan of the week
was for $4,000. Augustus p. Gard
ner borrowed this amount from Eliza
L. Phillips on the security OF the
Rich building. at 1901 street north
west. The title to the property was
to the Union Trust Com
pany and Bernard II. Fowle as trus-
tees to hold pending the maturity
of the loan in five years.
:. Decline in Loan Market.
The loan market displayed a de-
cline of nearly 10000 from the
record OF the preceding week. The
exact figures in the loans of the week
were S5Ts,14os3. This sum was Dor
rowed on the security of ia lots at
an average interest of 81 per cent.
Straight loans predominated, with
an aggregate of S293, 42s. The build
ing associations advanced 5000, 400 to
members The sum of all the notes
given for deferred purchase money
was SS4, 314.S3.
County property was in highest
favor as a basis for loan security,
being pledged for a total of 1924
31451 Land in the northwest was
to the extent of S223,9sO.
The record of loans in the other city
sections was: Southeast, 14,S0O;
S11, 64s.32, and southwest.
So, 400.