Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-12-21
REAL ESTATE DEALINGS |
WEEK BEFORE CHRISTMAS
PROPERTY SOLD BY CABLE
sample Snlcs Show Something OF the
increased values OF tirtmOnd Dirt.
Auctions This Week.

In spite OF snowstorms and other dis
agreeable things in the weather line,
there was no ict-up in the business of
the real estate agents last week. Sales
OF all kinds OF property were made,
business property, church property
hospital property and residential prop
erty. While there were some pii;
transactions in the last mentioned line
.'hu quite a number of small ones,
,hc iact stili remains that the demand
!or residences 5 greatly III excess OF
the supply.
give an idea OF the scarcity of up-to-
Date homes. lie wanted two. for which
gent customers were ready TO pay
the cash. None being In sight this
agent advert .Scd in two OF the city
papers for them, and W TO yesterday
he had received no replies to this al.
between 800 aud COO deeds OF one
KIND and another have thus tar been
admitted TO record in the Office of the
clerk OF the Chancery Court for ,he
month Of December. This shows that
this has been a heavy month in real
estate transactions. In addition tho
various agents have contaminated many
"t ,1;,i deals, som. OF them in big figures,
Which have not yet gone to record.
w hen they are written down in the
books this week they viii probably
make December the biggest month
yct--t record breaker.
Ne" Ways to Turn Old Tricks.
one OF the big transactions OF last
10 have another hospital. Crutchheld
&. Go. sold valuable piece Of proD-
srty II the ncighborhood of Memorial
m0;,SpitaI. which Mr.. Crutchneld says
as 4 hospital. The deeds have not vet
hcen recorded. ana hercc the people
VINO know Will not give out particu-
In the old days the Richmond WAYS
~ st'I:ns property were different from
nose IN vogue now. Then horn blow
ll-T a a.,
az he realty Offices and on the property
a!i'i ~ the market places told Of sales
ana anu hrosnectiye sales. In these mod
d figure the telephone and the tcle-
gram cnabl the agent to defy snow
Storms ana other unfavorah!c condi-
rather Time or of space and distance.
ana last week tho Atlantic cable was
ca!led INTO rcsuisition to hurry up
sa1c OF valuable Broad Street property.
Thompson Brown & Co. the entire
deal being completed b. cablegrains
temporarily sojournng in England The
property sold was owned by HENRY S.
wa aiierstein, and w,nil" particulars are
or deeds. i; is known that the price
paid is just sin times that which tho
property brought ten years ago.
The se same t ,rn Of Hirh nTs Dirt
Wailerstein for $4,000 cash tho timber
alone on a siNty-fve acre tract OF land
near Richmond. which they sold him
seven years ago for 5000. Tho lard
without the timber will today easily
bring $4,000. Leroy Brown, Of this
firT, also reports tho sale last week
OF property for 500 600. which cost the |
owner in 1906 only 5000
Among other transactions OF last |
week was the sale OF "A Grace street !
twellinG for S1,10p. a Marshall street |
home for $4,000 and something like two |
dozen smaller houses and cottages IN /
various parts of the city. These are !
merely SAMPLES, mentioned to show |
that all kinds of residential property |
in Richmond is in active demand
Business Will keep going right on /
m to Christmas DAY. and several auc- ,
ion sales arc announced for this week /,
In and near tho city. ono o: which /
will be that of tho old diStillcry pror- |
rrty TO the cast OF Richmond. which in (
Ihesc days oC prohibition viii doubt !
less he converted into n truck farm !
or 4 dairy farm or mn I.hc q c.nnnn,.. |