Evening star. [volume], March 17, 1934, Page B-1, Image 15

About Evening star. [volume] (Washington, D.C.) 1854-1972

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REAL ESTATE WASHINGTON, D. C., fftf SATURDAY, MARCH 17, 1934. BUILDING NEWS B— 1
1 1 ■ 1 ■ ■ ■ ■■ ————- —^^— "■ —II I — I I ■ ^^ ^
MODERNIZING TAX
Direct and Effective Relief
for Real Estate Move
Widely Desired.
ASSESSMENT OFTEN
DESTROYER OF HOME
Legislation on Subject Being Ad
vanced in New York. Michigan,
Illinois and Other Sections.
BY VINCENT Tl'TCHING.
Modernization of State tax meth
ods appears to be gaining momentum
throughout the country, with thought
crystallizing on direct and eilective
tax relief for real estate.
The contention is made that ex
cessive real estate taxes are respons
ible for 50 per cent of the applications
now being made upon the Home Own
ers’ Loan Corporation by delinquent
home borrowers for relief. In many
instances, it is reported, the tax item
is the one factor that sta between
a home's retention or its abandon
ment.
In the national movement to re
lieve real estate of some of the tax
burden, the National Association of
Real Estate Boards is taking a lead
ing part. Already programs for State
legislation that will provide immediate
relief are being advanced by realtors
in New York, Michigan. Illinois, Con
necticut and other States.
Scientific Tax Assessing.
Outstanding among features of
many of these State programs are
their insistence on a more scientific
system of assessing taxes on real es
tate. Some of the programs center
on a shift of certain large costs from
the local governments to the State,
where a wider tax base is provided.
The national realtors’ body makes
the point that school costs and street
and road costs are two large ele
ments of local governmental expendi
ture that could equitably be shifted.
In Illinois, a joint legislative and
titizens’ committee apopinted by Gov.
Horner to recommend changes in the
erchaic revenue article of the Illinois
constitution, has approved the draft
of such an amendment, embodying a
proposal to limit taxes on property in
Illinois to 1 per cent of fair cash
value. On property outside of incor
porated units, the limit would be
eight-tenths of 1 per cent. The pro
posed limitation would exclude debt
payments.
The Chicago Real Estate Board and
the Illinois Association of Real Es
tate Boards urge enactment of a con
stitutional limitation of the kind pro
posed. The proposed amendment, as
drafted by the legislative subcommit
tee, provides also for limitation on
the amount of bonds that can be
Issued to 12 per cent of the full value
of the property for the next five years,
and 10 per cent thereafter; new State
tax levies outside of a property tax
must be by a two-thirds vote of the
Legislature, and counties are to get
at least three-fourths of all new State
tax levies, distributed on such basis
as Legislature may determine.
Tax Limitation Amendment.
The Illinois Association of Real Es
tate Boards is emphasizing at this
time, amendment of the revenue ar
ticle of the constitution to include a
tax limitation of 1 per cent of the
full fair cash value of all property,
real and personal. They ask further,
that the penalties on back real estate
taxes, up to and including the year
1931, be eliminated and that a rea
sonable time for payment be granted.
A 15 per cent reduction in the 1931
assessments for small homes and
small properties in the city of Chicago
is sought in a huge joint case brought
by the Chicago Real Estate Board in
conjunction with owners of 438.000
small properties, the case now being
heorrl i rt tV*r* Pnn ntr
The New York State Association of
Real Estate Boards has advanced a
10-point program for its State which,
it is estimated, would equalize real
estate taxes by approximately $200,
000.000. in many localities reducing lo
cal property taxes at least one-third.
Nine-tenths of the cost of local gov
ernment in the State is now levied
against real property, irrespective of
its income or use value, Ray Hofford,
executive vice president of the New
York association points out.
The Michigan Real Estate Associ
ation is urging for its State:
1. That the entire cost of education
be removed from real estate, and be
provided from special State tax reve
nues. as, for example, retail sales taxes
and liquor taxes.
2. Maintenance of all streets in
cities and villages out of automobile
gas and weight tax revenues, with a
redistribution of these revenues to lo
cal communities in greater degree
than is now done, in order that real
estate may be further relieved of
street debt-service costs and mainte
nance charges.
3. Establishment of income value as
(Continued on Second Page.)
Bargain
Modern Bungalow
No. 9 Prince
Georges Ave.,
Takoma Park, Md.
$4,750
6 Rooms, Porches. Attic,
Basement, H.-W. H., In
stantaneous Heater,
Screens. Clear Oak Floors, !!
Paved Street, Lot 50x200.
Must have $500 cash at
this low figure.
!i Drive out Carroll Ave., continue
1 ftraight ahead on Ethan Allen jj
Ave. to Prince Georges Ave.
|!
Open Sunday
Phillips & Canby, Inc.
NA. 4600 Investment Bldg.
- --"
Advance Spring Sales See Attractive Washington Homes Change Hands
Colonial home at 3620 Kanawha
street, sold recently for C. C. Huntei
to Dr. Milton V. Veldee. through thi
office of Realty Associates. Inc.
-•
BUILDING DROPS
i —
Figures, However, Reveal
12 Per Cent Gain Over
Year Ago.
National building, as shown by sta
tistics for the country as a whole
through February, dropped 6.5 per
cent as compared with the preceding
month, but registered a gain of 12
per cent over the corresponding month
of a year ago, according to Dun &
Bradstreet.
The decline between the first two
months of 1934 is contrary to the cus- ’
tomary seasonal trend, which usually
is an advance of about 4 per cent, but
severe snows and cold weather are
blamed for the retard in building.
With the exception of a slight de
crease last November, building permits
issued in 215 cities have represented j
a higher dollar value 8 s compared
with the corresponding figures of the
year before for every month since
last June.
During February, permits totaling
$19,215,309 were issued. Dun & Brad
street report, as compared with 817,-'
161.943 a year ago, and $20,561,018
for January.
Locally, the office of Col. John Oeh- |
mann. District building inspector, re- |
ported permits aggregating $102,315 in ;
value were issued during the past week.
These included;
Mrs. Grace T. Cox. Broadmoor
Apartments, owner; Dillon & Abel,
designers; M. B. Swanson, 2761
Brandywine street, builder; to erect
one 2-story stone and frame dwelling,
4616 Argyle terrace, to cost $16,000.
A. J. Dinger, 908 Sheridan street,
owner and builder; Dillon & Abel, de
signers; to erect one 2-story brick and
i stone dwelling, 3525 Ordway street; to
’ cost $10,000.
William C. and A. N. Miller, 1119
Seventeenth street, owners and build
ers; G. E. McNeil, architect; to erect
one 2-story brick and frame dwelling,
4237 Garfield street: to cast $10,000.
W. C. and A. N. Miller, 1119 Seven
! teenth street, owners and builders; G.
, C. McNeil, architect; to erect one 2
; story brick and frame dwelling, 2819
Forty-fifth street: to cost $9,800.
Sam Wolf. 2930 K street southeast,
owner; D. M. Levy, designer; to erect
one 2-story brick and concrete dwell
ing, 2811 Thirty-third street south
east; to cost $8,500.
S. M. Burgess, 1719 Q street, owner
| and builder; J. A. Hunter, architect;
j to erect one 2-story brick towelling.
6218 Twenty-ninth street; to cost
$8,500.
Roy O. Yagel, Seventh and T streets
northeast, owner: Ernest D. Stevens.
designer; Paul T. Stone, Inc., 918
Fifteenth street, builders; to erect one
] 2-story brick and concrete block
dwelling. 3105 Northampton street; to
i cost $8,000.
Claude Livingston, jr„ owner; L. W.
; Giles, architect; Harry Poretsky, Inc.,
521 Irving street, builders; to erect
(Continued on Third Page.)
There is
NO VALUE IN
THE UPPER 16th
ST. SECTION TO
COMPARE
with this Spacious
5<Bedroom Home
at the
LOW PRICE
at which it is available
1629 Montague St. N.W.
An all-quality brick home Just
off 16th St and but a step from
Rock Creek Park. In new-house
condition. 5 large bedrooms. 2
baths. It is priced far under the
average price of homes in this
select section.
Open Sunday
PHILLIPS & CANBY, Inc.
Invettmtnt Bldg.
NA. 4600
Residence of Norman Dy#, at 5<23 First street, recently acquired from
the builders. Waple & James. Ine. The house contains seven rooms and two
baths, with a recreation room in the basement.
English-type home at 1618 Juniper street. Rock Creek Hills, built by E. T.
Lindner and sold to Dr. Clarence Allen through the office of J. Garret Beitzell.
—Star Staff Photoa. j
-■■■■ ..—- —-- - ■■ " --- i
PAINT PROTECTION
NEED EMPHASIZED
A. B. Heaton. Washington Archi
tect, Makes Recommendation in
Report to A. I. A.
Arthur B. Heaton, Washington
architect who recently gained Nation
wide publicity when he advanced a
program of spending S100 on each of
8.000.000 "neglected'’ homes in Amer
ica for ‘‘renovizing.’’ believes that
painting and surface protection is
paramount among the needs of most
of these homes.
Mr. Heaton, who was chairman of
the successful renovize Washington
campaign last year, made his mod
ernization recommendation In a report
to the local chapter of the American
Institute of Architects, with the sug
gestion that it be pushed in every
community in the country.
‘‘Painting and decorating” he said,
commenting on the report this week,
‘‘is a very important part of this ac
tivity and there is perhaps nothing so
effective as the judicious use of color
and the liberal application of paint in
transforming an aging structure.”
The A. I. A. member regards paint
ing more as an investment than as
an expense. ‘‘It is only human nature
to judge by outward appearances." he
said, "therefore, It is a good invest
ment even to borrow to clean up and
paint up. The home owner will be
amply repaid.”
The home owner in planning his
painting project, Mr. Heaton says,
should consult a thoroughly reliable
painter. The architect’s plan has
been forwarded to chapters of the
American Institute of Architects
throughout the country.
►Prices Are 1
^ Going Up 1
y Today you can 4
hbuy at prices that4
byou cannot hope4
►to duplicate three4
►months hence. In-4
spect the three4
following houses4
►for proof of this4
►assertion. 4
► • <
► 1337 Jonquil St. <
$13,500 2
y Shepherd Park’* A
Outstanding Buy V
y In Perfect Condition. A
Reaeonable Cagh Payment, 1
► SSS Per Month A
y Open Week Daye, 2-6 4
Sunday, 10-9 A
► . w
► 4613 Davenport St. 4
► $9,250 4
, Maasachuaetta Arm. 4
Extended A
► An Idea] Home in Perfect Condition. x
y Open 10-6 A
► 2527 12th St. 4
► $6,450 4
1 Close to Central High 4
—as a give-away prive. Semi-de- j
itached. fi splendid rooms. The4
perfect house for the person of 1
.moderate means. a
Open 10-6 j
REALTY ASSOCIATES]
►l5«# K REALTORS NAtl. 1438 J
SUGGESTIONS OFFERED FOR CARE
OF FURNACES TO BAN DANGERS
I
Suggestions regarding the care of'
household heating equipment to pre- j
vent danger from asphyxiation by
carbon monoxide gases which recently
caused the death of nine Dartmouth
College students are offered by the
Plumbing and Heating Industries
Bureau.
"Newspaper accounts indicate that ,
an explosion of coal gases discon- j
nected the pipe leading from the fur
nace to the chimney,’’ the Bureau j
says.
"Explosions of coal gases occur only
through Improper firing. A bed of
! live coals should not be completely
covered w-ith green coal because this
will allow unbumed gases to gen
erate.
"Instead of throwing coal com
pletely over a bed of fuel, the live
coal should be pushed to one side, or
to the back of the firebox, and the
green coal placed on the other side,
or to the front. This will enable all j
gases to be consumed as soon as they
are generated.
"The newspaper accounts of the j
Dartmouth tragedy are to the effect
that the smoke pipe was disconnected
by the explosion of gases and that
the firebox door was blown open.
"This would seem to indicate that '
the heating plant was not in a good
state of repair. A smoke pipe should
be so constructed that an explosion
in the firebox would not damage it.
Many people neglect to remove the
smoke pipe from the heating plant in
the Summer, with the result that cor
----
Northeast
1282 Morse St. N.E.
Open Sunday
6-room and bath brick house,
h.-w.h., elec. lights, large rooms,
very long yard with garage.
This home has been put in new
house condition and we will sell
several thousand dollars less
than original price. If you ace
looking for a home. Come out
Sunday and look this one over.
JQ'frttmiinger&Sons
NA. *?fMO Investment Bid*.
MUST BE SOLD
AT ONCE
WILLRENT
1437 Whittier St. N.W.
*11,500
| Open for Inspection
Originally Sold for $21,500
A spacious home of 8 rooms and
! 2 baths and maid’s room and
! bath—perfect as to appoint
i ments, attractive interior finish
and decorations. Center-hall
plan, 4 bed rooms, large living
room with fireplace, son room.
| Built-in garage.
Drive out ISth St. to Whittier, turn
right to home.
| METZLER—REALTOR
1108 Vermont Ave.—DIst. 8600-1-2
Sunday and Night AD. 0620
rosion sets In. which causes a thin
ning of the walls.
"An annual inspection of the
heating plant by an experienced
heating contractor will result in
economies in fuel consumption and
greater efficiency in the heating plant.
and may prevent the occurence of
carbon monoxide poisoning."
---
CONNECTICUT AVE. HOME
LEASED FOR 3 YEARS
Charles H. Tompkins Co., Con
struction Engineers, to Occupy
Premises.
Lease for a 3-vear period of the
home at 1630 Connecticut avenue,
owned by Mrs. Martha L. Morrow, to
the Charles H. Tompkins Co., con
struction engineers, was announced
today by the Thomas J. Fisher & Co.
The Tompkins Co., whose home at
1608 K street recently was sold to
the American Legion, will occupy the
Connecticut avenue premises shortly
as Its new' offices.
BUILDING INCREASES
IN 3 VIRGINIA CITIES
—
Richmond. Norfolk and Roanoke
Above State Trend in Per
mits Showing.
RICHMOND, Va„ March 17
Only Richmond. Norfolk and Roanoke
among the State’s leading cities
showed an increase last month in the ,
number of building permits issued In I
comparisons with the corresponding
month of last year.
The trend for the State, however,;
corresponded with that for the entire
fifth Federal Reserve district, with j
decreases noted both in the number j
of permits issued and the value of
the property to be constructed.
Norfolk set the pace with 71 per
mits, as compared with 65 for Janu
ary a year ago, but the valuation oi
$26,000 compared unfavorably with
$65,000 for January, 1933.
Richmond issued 53 permits, as
compared with 52 a year ago for
property valued at $62,830, as com
pared with $53,230 last year.
NEW, SOLID BRICK HOMES
On 120-Foot Boulevard
TODAY... SEE
MODEL HOME
224 Concord Ave. N.W.
Open Sunday and Daily
9 AM. to 9 PM.
A BEAUTIFUL new model home . . .
with substantial brick construction
double floors. . hardwood finish and
floor*... b 1 * dellehtful rooms book
case colonnades. ..handsome brick nre
place.. .big modem electric kitchen with i
electric refrigeration. . . furnished dinette
... 3 fine bedrooms... 3 cedar closets... >
2 tiled baths... big. high land-scaped i
lot. . . garage. .. fine community ...near
schools, stores and transportation. >
DRIVE OUT NOW!
Drive out Kantae Ave. or
Kennedy St. to Concord Ave.,
and turn right to home.
• 6 Room*
• 2 Fine Bath*
• 2 Fireplace*
• 7 Big closet*
• Beautiful
Paper & Fixture*
• Basement
Recreation Room
With Fireplace
• Deep Lot
• Garage
• High Elevation
Only
*8,950
1
Attractive Wesley Heights home at
4434 Hawthorn street, sold to Flovd E.
Huntley for W. C. & A. X. Miller,
builders, through Boss & Phelps,
realtors.
A —. -.— ■ - ■ i. —
JIM WEEK’S
Advances Increase Total to
$103,716,811, With $9,
528,647 Repayments.
I/ians amounting to $1.879 384 58
were approved by the Federal Home
Loan Banks during the week ending
March 10. according to reports re
ceived from the banks by the Federal
Home Loan Bank Board.
These advances increased the tota:
of loans actually advanced to $103,
716.811.72. Loans to the extent ol
$9,528,647.67 were repaid by member
Institutions, leaving a balance of out
standing advances of $94,188,164 05.
In addition, loans amounting to $12 -
328.447.75 were authorized and are
I ready for advance, making a grand
! total of $116,045,259 47 of loans au
thorized.
The board also announced the ap
proval of 36 home-financing institu
tions for membership in the system
and subscription by them to 1,300
shares of Home Loan Bank stock to
the extent of $130,000. The total
number of shares subscribed by mem
bers was reported as 187.251. having
a value of $18,725,100. Applications
! for membership in the system, ap
| proved by the board, reached 2,238
; at the end of the week.
i -ii. i ■ ————.———
CAPITAL STANDS
NIGH IN BUILDING
ANDMOUP
Seven Here Have Assets of
$5,000,000 or Over,
Report Discloses.
PERPETUAL FIFTH IN
U. S., WITH $32,046,298
League Shows One Out of Every
Eight Associations Gained
Resources in Last Year.
Seven building and loan associa
tions in the District were grouped in
the class having assets of $5,000,000
or over by the United States Building
and Loan league in a current report
on the condition of these institu
tions throughout the country.
One of these, the Perpetual Build
ing Association, is listed fifth in the
United States in total assets, with a
figure of $32,046,298. The other six
leading Washington institutions are
the American Building Association
$9,073,108; Washington Permanent
. Building Association $8,297,326: Equi
table Co-operative Building Associa
[ tion. $6,321,019; National Permanent
| Building Association. $5,863,330; Ori
j ental Building and Loan Association.
$5,490,033, and Metropolis Building
Association, $5,151,374
One out of every eight of the build
ing and loan associations listed by
the national body gained in resources
during the past year, according to
H. F. Cellarius, secretary-treasurer of
the league. The figures are confined
to member associations.
45 Over $10,000,000.
One hundred thirty-four associa
tions are in the more than $5,000,000
class, according to figures of January
I, 1934. Cellarius points out. Forty
(Continued on Third Page.)
A HOME
at a reasonable price for
A FAMILY
with exacting requirement*
4437 Klingle St.
WESLEY
HEIGHTS
Completely Renovated
Exhibited Tomorrow
10 A. M. to s P. M.
W.C.& A. N. Miller
1119-17th Street District 4464
Open, Furnished Brick
and Heated $70.50
6 Rooms
Oil Burner
G. E. Refrig.
2 Porches
Garage
Breakfast
Nook
4720 Davenport St. N.W. (American Univ. Pk.)
Detached home at row-house price AND so financed that earning
charges will he low. Convenient to stores and transportation. Steadily
improving section.
Drive out Massachusetts A ve. to 46th Street, Then Ri(ht to Davenport
MARLOW-BEECH CORP., ME. 1170
3902 Ingomar St. N.W.
$12,950
In Finest Residential Section
of Old Chevy Chase, D. C.
Completely Renovized
A charming home of the larger type,
delightfully arranged for gracious liv
ing. Wide lot with ample shade.
A Remarkable Value
HEATED AND LIGHTED
J. WESLEY BUCHANAN, Inc.
Realtors
916 15th St N.W. ME. 1141