Newspaper Page Text
Months of 1922 Find Company
Boasting * of Record Sales
Totaling One-Half Million
HOTEL IS NOW UNDER WAY
Comprehensive Building Plans
to Pierce Every Corner of
t City?Home Sales Recorded
Closing a very active year's busi
ness with sales totaling practically
half a million dollars. Allan E.
Walker A Co.. Inc., approach the
new year firm in the belief that
1923 will set a new mark In real
estate activity In the National Cap
During the year Just closed sales
?nd loans were negotiated by the
company in excess of ten million
dollars. This includes vacant
ground, business, investment and
residential property in all sections
of the city. -
At the present time the Allan E.
Walker organization's major project
Is the new $8,000,000 Hotel Walker.
| the largest private undertaking ever
I Inaugurated in Washington. This
ft magnificent hotel will be completed
J October. 1923, and will be a tre
mendous factor in the building of a
The company is building a num
ber of homes in Chevy Chase, on
Albemarle street, west of Con
necticut avenue. and in Pet
worth. together with gasoline sta
tions, apartment buildings and busi
This already comprehensive build
ing program will be greatly aug
mented by the company soon after
the advent of the new year.
Included in the December sales
?re numerous business and resi
For E. T>. Williams the property
?t 1815-13 L street northwest, was
?old to Winifred E. Johnson.
A local corporation purchased
Ml 6. 1618 and 1620 L street north
west. which will be developed im
For David W. Burke the apart
ment building at 1826 M street
northwost, was sold to Elizabeth
The Royal Garage, a building on
L street. wa? sold to C. J. Cusack,
who will hold the property for in
Algernon P. Reeves the beautiful
new home, built by Allan E. Walker
Investment Company at 3901 Joce
hm street, on*- of the prettiest
fiom^s in Chevy Phase, D. <\ This
i? a fine, modern, detached resi
dence. built of Bethesda blue gran
Rocco Perelo purchased the prop
erty at 1719 De Sale* street, facing
the new Hotel Walker, and it is
proposed to convert this into a high
class business property.
For Minion I-arrasure. the busi
ness property at 1537 Fourteenth
street northwest, was sold to Doug
Iss E Bulloch
A. T Miller sold to Morris Park
the property at 1119 Twentieth!
street northwest, which will be held
as an investment.
Charles H. Gordon sold to J. A. I
snd Hattie J. Wise, lots 18. 19 and i
?0. in square 1930.
Frances A. De At ley purchased]
from Lewis S. Friedman, the prop- j
ertv at 3603 Thirteenth street i
Sfra'em Jianios purchased the |
pror>?-r*y at 1535 Fifteenth street'
northwest for a residence.
For Albert Hall the property at j
1323 O street northwest, was sold
to S K. Wasrgaman.
Philvs Aronsoit purchased the
property at 2294 Phamplain street
r'harle* if. St rat ton purchased
lot .?6 in square 17."1
The cor.ipar.v also sold apartment
PA".. Rutland Courts, to F I,. Tu*t
snd apartment* 42 and 44 in the
Parkwood to T, R Fouts: and sold
for George R Wolfe to Matilde
Sebwinfirhammer. anartment 502. the
Netherlands These apartment?
were sold under the Walker co-oper
Tron?nortation Is Ris:
Factor In Real Estate
It might appear at first sight
that a system of transportation
which would make it possible for
a large part of the nonulation to
live a considerable distance away
from the renter in which it was
cmnlo?-ed. and to g??t from point
to point qui'klv under low cost,
would have the effect of equalizing
values over a large area and caus
ing a creat diversity in the districts
where businesses an(j business
fluiMirers would be located.
As a matter of fart, it has lust
the reverse effect. That which
makes it possible to cover a large
s?*ea with residential districts is a
^ ery nowerful factor, making for
the concentration of the business
New Buildings Onened
At Home School for Deaf
Two new buildings, which will
greatly enlarge the facilities of the
institution, have been opened at
the Home School for Deaf Chil
dren at Kensington. Miss Anna
c Bernhardt is superintendent of
A teacher's laboratory and a
hospital comprises the latest addi
tions The school building was
erected in memory of the late
Alexander Graham Bell, inventor
of the telephone.
HOARDING IS NOT THRIFT.
The Erir (Pa.? Times rightly says i
that it is hardly necessary to say
that the thrift movement as it is
now being taught has no relation
to miserliness or to the mere
hoard: ng <>f money. Those who
save in the right spirit are the
ones wht alwavs have money to
ro ?mt but what they need.
Thev I he on-s who are wel
conv ?! the merchants and the
Ktsreki im rs heraoas they know
what they want and have the
money to pay for it.
Banner Real Estate
? Year as 1922 Closes
By ARGYLE N. FINNEY.
Tomorrow end* the greateat real estate year in the history of
Washington. On that hoar when 1922 is pushed back in the past and
1923, is born, old man construction can blow his shrilling trumpet,
spread his hoary chest and acclaim a building record representing
This figure should be broadcasted to every corner of the city, for
it reflects a prosperous Capital, the increase of home ownership and
a continued growth, which strikingly points the way to a greater
Washington rspidly covering its ten-mile area with hundreds of
homes. Real estate values have remained stable. As the months
have moved forward they have shown an upward trend in price.
Gigantic structures hsve sprung up. Comely spsrtment houses now
tower the city. Look to the northwest, to the northeast where row
sfter row of homes have lured the awakened tenant to the ranks of
Wsshington must persevere in her rapid building march. We are
told by the realty observers that the Capital is two yesrs behind in
its erection program. It is palpable that realtors of the city will
plan larger building programs for 192S, as there still exists here a
large group of tenants who have yet to learn the doctrine of home
We predict that hundreds of Washingtonlsns will buy homes in
1923. Money has become more available and the own your own home
gospel is imgreming on the mind of the most orthodox tenant just
what it means to own a home.
The fact that we are living in Waahington, the Capital, should
prove the most decisive selling point to the prospective home pur
chaser. Then there is that intangible something about owning a
home. We hear that the joy of owning a home opens chsnnels of
unknown happiness, that the process of mowing a lawn, or earing
for the flowers in the garden contain intrinsic pleasure, known only
to the home owner.
McKeever 6 Goss Forming
Plans For Northeast
For the first time In its history
the Arm of McKeever ft Qoss will
inaugurate an extensive building
program. Approximately lit houses,
to be located at L and M streets
and Third and Fourth streets north
east, will be erected.
Conveniently located near Union
Station and the many large Indus
trial plants In the northeast, It la
predicted that this operation will
meet with success. Realty observ
ers declare that an acute housing
shortage exists in this particular
According to the building plans
for this operation, every home to
be erected will be designed with the
Idee of affording a minimum
amount of work for the housewife.
Fred T. Nesblt, manager of the
building department of McKeevw
* Qoss, will direct the operation.
It Is expected that the flMrt unit
will be completed by March. Six
rooms, one bath, front porch, back
porch, breakfast porch, sleeping
porch, hardwood floors, pantry and
bullt-ln garages will grace these
homes. Ground has already been
Realtors to Tell Capital Resi
dents How to Own
One of the most important steps
towards the promotion of home
ownership in Washington was taken
last week when members of the
Washington Real Estate Board,
meeting at Wardman Park Hotel,
decided to inaugurate an intensive
"own your own home" campaign
Urging all local realtors to adopt
the poster plan for the own your
home drive. William E. Herrin,
national field secretary of the
National Association of Real Estate
Board*, declared that such a method
of publicity would educate Wash
ingtonians to the advantages of
owning their own homes. Mr. Her
rin said it was through the activi
ties of approximately 275 real estate
boards of the National Association
of Real Estate Boards that the
real estate business has achieved
such high ethical standards.
F. X. Wholley, director of the
Better Buisness Bureau, said hund
reds of fake oil stock promoters
were located in Washington be
cause of the fact that there is no
"blue skv" law here. He sounded
a warning to the realtors urging
them to cooperate with the Better
Business Bureau in driving: these
"shady" brokers from the city.
Charles F. S. Shreave presided.
Reports were read by W. C. Miller,
chairman of the membership com
mittee. and John A. Petty, secretary
of the board. Clyde C. Dunning
ton, vice chairman of the enter
tainment committee, announced that
on January 17 the board will give
a supper dance at Wardman Park
| TO LOAN ON |
| REAL ESTATE |
H First and Second Trusts =
=| Consult me when you want to buy or =
= build a home or re-finance your property. ==
== My services are at your disposal. =
| CLARENCE F. WELCH I
? "Real Ettate Loan Specialist" =
H 717 14th Street N. W. Main 4289 S
Lewis M. Thayer Moves
To 909 Twelfth St. N. W.
Among: the new improvements in
the section north of New Yo?*k ave
nue northwest is the new home of
Lewis M. Thayer.
The building, located at 909
Twelfth street, is two stories high,
with a frontage of sixteen feet and
a depth of sixty-seven feet to an
alley in the rear. The front is fin
ished in red tapestry brick, with I
granite and limestone trimmings 1
Money at 6%
Available for loans on
improved city property?
any amount. Applica
tions answered immedi
1430 K St
Urging the n?o?ity of reducing
th? ytarly expenditure In rentals,
the rapgrt of the Public Buildings
Commission shows that more than
1500,000 li now being paid by the
Government for butldtqga. "
The Department of Agriculture.
rttmrta to aa "the wont housed
institution in Washington," is now
occupying twenty-five buildings
scattered over a wide territory, the
Purchase of certain lands in the
Northwest section of the city for
future sites of Government build
_ ** ** *!*> recommended, with
r?pect to buildings which It is
nronoaed to tha report atatsa
tmt It is the opinion 3ths eora
sariiy be of pretentious IsslgTii bat
should be the type of structure of
the Treasury Department annex at
Pennsylvania avenue and Madisnp
Growth of City May
Boost Home Prices
never so great aa at the .
time, according to local real es
tate observers. Homes now avail
able by their moderate prices are
destined to becoc>e mora desirous
with the growth of the city. It la
/ Maximum Safety
7% First Mortgage Real Estate
Coupon Gold Bonds
813 15th St. N. W.
Start the New
Year Right Live
Abingdon or Mt. Ida
Abingdon has "taken Its
place in the sun" as an ideal
suburb?a fitting subdivision
of the Nation's Capital.
Served by city water, sewer
age, schools, churches, and
all other conveniences.
Take Alexandria car at
12th and Pa. Ave. to Mt. Ida
Station; take bus at 13th and
Pa. Ave. to sign marked
Abingdon, one block south of
Hume Station. By auto, cross
Highway Bridge, turn to the
right on Mt. Vernon Blvd.
and drive 3y& miles.
Mt. Ida, the companion
suburb to Abingdon, shares
its advantages. It is but
17 minutes' ride from Wash
ington, and is notable for its
city conveniences, while re
taining its charm as a suburb.
Take car at 12th and Pa.
Ave., get off at Mt. Ida Sta
tion. By auto, cross High
way Bridge and drive to the
right on Mt. Vernon Blvd.
Easy terms on both lots and houses. Come out Sunday.
Lots can be had for $250; $10 down and $5 per month less
10% discount for cash. Salesmen on both properties daily and
Sunday. Come out today, as out of our building program of
25 homes more than half have already been sold.
Easy terms on both lots and houses. Come out Sunday.
Semi-Bungalow, 6 rooms $6,500
Bungalow, 5 rooms $5,250
Bungalow, 4 rooms $3,950
H. B. TERRETT
631 Penna. Ave. Phone Main 2090
The National Capital's smart suburban
residential section becomes more and
more inviting each year. Here we offer
the two best buying opportunities now on
the market in that section.
Two New Houses
3905 and 3911 Jocelyn St. N. W.
Open for Inspection
Located close to the highest point in the
District of Columbia, in a section of fine
residences, these houses embody all the
new ideas in superior residential con
struction. They are priced at a figure
less than reproduction cost in today's
market. The shrewd buyer will see them
OPEN FOR INSPECTION
813 15th St. N. W. Main 2430
In f ? >? j; ? i
Q ST. NEAR N. CAP. N. E.
*?.??? far a ftaM IMtU bw-wWow bom* at ? lar? Ml
jut half Mack aft Trattoa CtrcU aad two ear naaa K?M la lavatr
LONGFELLOW ST. N. W.
Tbta loraiy colonial bom* tea > room*,
u4 alaapln* ptrcfaM. hardwood floor aad
hot*wator boat, electric llfhta. fin# eoUar with laundry aad toilet;
lart* yard to wlda alley. Price. I1L? IUH caab. ft? par mm?k
lnclndee Into root aad principal oa both tiaata.
M.7M?NMrtr m. colonial kom? of ? fhM
k.-w. k., electric li^u perfect condition A fla.
aad a large yard. Only ITM caah. ft* par I
N. E. BARGAIN
94.7ft*?Boaatlfol modern colonial home noar
?. I. Hao bard wood flooro; h.-w b.;
ooadltloa aad room for gara*e. Only fl.dM
an. aad D
M.IIWwt off lat and *. L avo N. B? la tba htffheot part of tbta
protty eectlon A flaa Itttlo alz
home with parqaetry floortap; boautlful Uarht ftxtu
bouee la flna ahape Room (or nn?a ?i.*H caah.
DAVIS & STEELE
1420 N. Y. Ave. N. W. Main 5082-5396
FOR SALE?Ideal Home for
Doctor or Dentist
POSSESSION WITH DEED
1st St. &
R. L Are.
V I- I 1
LP 4: J
This exceptionally well-built, two-story, bay-window
brick dwelling contains six large rooms and modern bath,
hot-water heat and electricity; deep lot; wide side and
rear alley, with ample room for double garag*.
Clarence F. Welch
717 14th St. N. W.
Member of the Washington Real Folate Board
Start the Year Right?
Own Your Home
New Rows Open for Inspection
$500 and Upward Cash?Monthly Paymentt
1801-1847 Monroe St N. E.
1700-1720 E St S. E.
813 and 815 F St N. E.
532 9th St N. E.
509 and 511 14th St N. E.
307 to 319 L St N. E.
14 F ST NV