Evening star. [volume], December 03, 1938, Page B-1, Image 19

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

Image provided by: Library of Congress, Washington, DC

                
Real Estate
Building News
WASHINGTON, D. C., SATURDAY, DECEMBER 3, 1938.
PAGE B—1
Building Gains
Slightly for
November
- /
Home and Apartment
Construction Bring
1 Total to $2,213,530
Private building construction in
Washington registered small gains
in November over both October of
this year and November of last, ac
cording to the report of Building
Inspector John W. Oehmann, made
public today.
The valuation of last month's
building as reported by Col. Oeh
mann was $2,213,530, an increase of
about $50,000 over the corresponding
month of last year and of $18,000
over the figure for October of this
year. The total for last month does
not include $255,500 in building car
ried out by the District government,
nor does it include operations of the
Federal Government.
Larger Homes Planned.
Residential construction was again
a feature of the building picture
here. Almost all of the sum to be
expended for private construction
here was fof-erection of apartments
and one-family dwellings. The
average cost of the one-family
dwellings revealed that larger type
homes were planned during the past
morAis. than have been earlier in
the year.
Permits calling for erection of
154 houses, with a valuation of $916.
000. were approved in November. 1
Included in the list of permits for
November, 1937 were only 86 one
family dwellings. The average cost
cK houses for this November was
considerably below that of the cor
responding month last year. There
were 207 houses approved for erec- j
tion in October.
Apartments for 448 families.
Apartment construction in No- j
vember showed a huge increase over
November of last year, and doubled
the value of this type of building
recorded in October. Twenty-three
apartments, valued at $1,020,500
were approved last month. These
structures have a capacity of 448
families. In the same month last
year, apartment building was valued
at only $241,500. Apartment build
ing in October was slightly above
the $500,000 mark.
Additions, alterations and repairs
to existing buildings approved in
November were valued at $254,850,
considerably less than the figures
for both the corresponding month
last year and October.
Valuation of new building opera
tions in November by sections of
the city follows: Northwest, $1,413,
300; Northeast, $394,500; Southeast,
$150,880, and Southwest, none. Val
uation of additions, alterations and
repairs by sections: Northwest,
$201,465; Northeast, $32,600; South
east, $16,385, and Southwest, $4,400.
Realty Securities
Continue Gains
Real estate security prices during
November repeated the upward trend
evidenced in October. According to
the Amott-Baker average, the aver
age price of real estate bonds during
the past 30 days rose 1.8 per cent.
Ninety-one of the 200 issues upon
which the average is based increased
In price. Sixty-seven were at the
same level at the close of the month,
while only 42 issues were quoted
lower.
The average price of a *1,000 first
mortgage real estate bond on No
vember 30 is *334. This compares
with *328 at the close of October
and *326 at the close of 1937. This
Indicates a rise of 2’i per cent dur
ing the first 11 months of the year.
. Prices of real estate securities
show an increase in all cities except
In Boston. The New York issues
Included in the average show an
increase in the month of 3.1 per cent,
and an increase of 5.4 per cent in the
11 months. Average price of these
bonds is exactly the same as for the
average as a whole, that is *334 per
$1,000.
1823 Irving St.
A larger, more comfortable
home providing four bedrooms
on second floor, extra bedroom
on third floor. Living room has
wood-burning fireplace; large
dining room paneled in mahog
any. Best oak floors. Front
porch, double rear porch, two
ear garage.
Open Saturday and Sunday,
noon to dork.
wc^A.n.AAiLLtn>
111# 17th 8t. N.W. DIat. 41B4
ALL BRICK BUNGALOW
$6,950
715 Gist Ave.
Silver Spring, Md.
five specious rooms. Full size attic
suitable for two larre rooms and
bath Full hirh eeilinr basement.
Tiled bath, modern kitchen, house
caulked, screened and weather
stripped. Convenient to everythlnr,
two blocks from stores, schools and
transportation. Street paved and
Jiald. Low down payment and easy
erms.
Open Daily and Sunday
Out Georgia Ave. to Sligo Ave. list
at. gait B. & O. viaduct). right on
Sligo S blocks to Chicago Ave. (D.
O S. stores), right short sauare to
Gist Ave., left to home.
SPRINGLAWN, INC
Hurh Warren, Pres. e
Call Shephard 1311
Aftarnoont 1 to 7 P.M.
IN BATTERY PAR K-2-New
home of Mr. and Mrs. Anthony
R. Gould at 509 Goddard road,
Battery Park, Md., which was
sold by Wesley L. Sauter
through Edward H. Jones &
Co., Inc.
-----
Perpetual Is Rated
Largest Building
Loan Concern in U. S.
Seven Other Organizations
In District Have Assets
Of Over $5,000,000
Eight savings, building and loan
associations in Washington have as
sets of more than $5,000,000, while
the Perpetual Building Association,
Eleventh and E streets N.W., is the
largest financial institution of its
kind in the country, according to
figures made public today by the
United States Building and Loan
League.
Two associations in the District
come within the select group of 34
in the country which have assets
exceeding $10,000,000, the league re
ported. These are the Perpetual,
with assets of $48,370,549, and the
American Building Association,
which has assets of $10,313,545. As
sets of the Perpetual exceed those of
the second association in size in the
country by more than $10,000,000.
Railroad Federal Savings & Loan
Association of New York City ranked
second in the country, with the Rail
roadmen’s Federal Savings & Loan
of Indianapolis in third place.
Others Exceed $5,000,000.
Other associations in Washington
which exceed $5,000,000 in assets are
Wtashingtcn Permanent Building
Association, National Permanent
Building Association, the Equitable
Co-operative Association, the Me
tropolis Building Association, the
Northern Liberty and Columbia
Building Associations. The figures
are as of July 1. Twenty associa
tions with more than $10,000,000 as
sets showed a gain in assets during
the first six months of this year,
while five of them added on more
than $1,000,000 during that period.
Of its member institutions the
league lists 72 with assets between
$5,000,000 and $10,000,000 as of the
same period. Exactly half of these
showed gains in assets during the
first half of the year and six asso
ciations by their gains entered the
$5,000,000 ranks for the first time.
Gains Are Widespread.
Analyzing the conditions reflected
1206 Old George
town Road
Bethesda, Md.
Unquestionably, one of the most
unusual, exceptional 3-bedroom
bungalows ever offered in this
section. One bedroom furnished
in Walnut, another in Knotty
Pine and the third plastered.
There is an attractive Bay
Window in the living room.
The house is of Brick Construc
tion. painted white. The lot has
over IS,000 square feet, with
many large trees.
Price *7,950 Terms
OPEN AND LIGHTED 8ATUBDAY
AND SUNDAY
LESLIE D. MEASE^L
Adams »B*S 3*37 Conn. An.
In
CHEVY CHASE
GARDENS
"Washington’s Most
Convenient Suburban
Community"
4705 De Roney Parkway
A traditional French Normandie
home In a fine environment la
this Cooley-built home. A dis
tinctive design combined with
spaciousness and Ideally placed
In one of Washington's finest
close - In communities. Three
bedrooms, two baths, exception
ally large living room with fire
place. detached garage. Equip
ment and materials of highest
quality—every construction de
tail rigidly supervised. Moder
ately Priced—Easy Teraas.
Will Consider Trade
Furnished by P. J. NEE
Drive out Wisconsin Ave. to our
sign at DE RVSSEY PARKWAY.
Turn lett to home.
Tower Bldg. NA. Pitt*
IN COUNTRY CLUB VILLAGE—This new home at 32 Winston drive, Country Club Village, Md„
has been sold to Robert Kingdon Thurber by John F. Wynkoop, owner and builder.
—Star Staff Photos.
in this comparison of figures on the
larger associations. A. D. Theobald,
assistant vice president of the
league, pointed out that the gains
have been widespread geographi
cally, an indication that recovery in
the thrift and home financing busi
ness is general. Tift over $10,000.
000 associations gaining in assets
were scattered in a dozen different
States, including those on both East
and West Coasts and in the central
part of the country. Six additional
States are represented by the
$5,000,000 to $10,000,000 associations
which have grown between January
1 and July 1, 1938.
A third of the $10,000,000 asso
ciations show larger assets today
than they did five years ago. Mr.
Theobald reports, in spite of the
fact that most of the deflation of
these institutions’ holdings has
taken place since 1933.
It is further pointed out that
OPPORTUNITY IS
REALLY KNOCKING
SANTA CLAUS GET BUSY
Investigate
5326 Nebraska
Ave. N.W.
For a Real Value
3 bedrooms, 2 tile baths, oil
heat. 2 blocks from Connec
ticut Ave. Owner leaving city
will sell at a reasonable price
and on attractive terms.
OPEN AND LIGHTED SATURDAY
AND SUNDAY
LESLIE D. MEASELL
Adana OM3 2037 Cana. Ave.
Only One Left
ot $5,750
New Air-Conditioned Bungalows
Saratoga Village
Silvgr Spring,
605 Tokoma Are.
Furnished by Peerless Furniture Co.
APPROXIMATELY
$38-50 is 1
$5,750 to $5,990
F. H. A. TERMS
KAY PROPERTIES, INC., Builders
Open Daily and Sunday
To Reach: Drive out Pincv Branch
Rd., Saratoga Ave.. iuit patt Phila
delphia Ave., left at tign; or Georgia
Ave.. iuet paet Dietrict line, right
on Falkland Drive, left to Gilt Ave.,
right 3 blocki to nev Furnithed
Home.
ROBERTS E. LATIMER
Exclusive Avent
7733 Alaska Ave.
Phone GEorgia 1270
whereas the Chicago area five years
ago had only one association in the
above $5,000,000 group, it has three
today and one of them is more than
$10,000,000.
■-•
Domestic Perilla Oil Sought
Experiments are under way in
about 20 separate locations in the
Southern United States to determine
whether perilla oil—used in paint
manufacture—may be successfully
produced in this country.
DRASTIC REDUCTION
TO PREVENT CARRYING
THROUGH WINTER
Will trade or sell these surprising
values on very reasonable terms.
3 All-Brick Homes in
North Woodridge
A rooms. Insulated, weatherstripprd
and sereeoed. oil heat w immer
and winter hookup, bar trim
throuehout. fireplace. M • seen
to be appreciated.
Real Estote Men Need Net Apply
Phone Adorns 06S3
Visit
105 Worthington Drive
in
YORKTOWNE
VILLAGE
•pYPICAL of the homes in
^ Yorktowne Village, whose
plans are the result of careful
research in the restored Wil
liamsburg community, is this
outstanding example of Early
American-Architecture. It con
tains 7 rooms, 2 baths, recrea
tion room, 1st floor bedroom
and bath, breakfast nook, ran
dom-width oak floors, air con
ditioning.
OPEN SUNDAY AND DAILY
10 A.M. TO 9 P.M.
TO REACH. Drive out Massachu
setts Ave. one block over the Dis
trict Line in Maryland. Turn right
one block to Worthington Drive.
1110 K St. KA. 2049
Excellent Value 1
$8,750
4010 Leland St.
Chevy Chase, Md.
Six large rooms, open fire
place, screened side porch,
-oil heat, maid’s room and
bath, detached garage. On
a lovely lot with 60' front
age and in a location of
fine homes. We recom
mend this if you are look
ing for a comfortable home
on easy terms.
Open Sat. and Sun.
Phillips & Canby, Inc.
1012 15th St. N.W.
NA. 4600
■
Architects Entertain
Washington Chapter of the Amer
ican Institute of Architects held its
second annual Triangle Club ladies’
night Thursday at Normandy Farms
Inn, Montgomery County, Md. Spe
cial entertainment, including a floor
show, was included in the program.
Gilbert L. Rodier was master of cere
monies.
GLOVER PARK
2227 3Mk PI. N.W.
Exhibit Home Furnished by
Hilda N. Miller
A modern, new A-room house, tile
bath with shower, oak floors, rec
reation room, automatic gas heat:
house completely insulated, weather
stripped. screened and caulked. Near
new grade school, junior high school,
high school and college and within
1 square of splendid bus service.
Open 9 A M. to 9 P.M
To Inspect: Drive west from Wis
consin Ave. end Calvert St. to ,19th
Place, south to exhibit home.
MODERATELY PRICED
VERY REASONABLE
TERMS
FOR SALE BY ANY BROKER OR
D.C.GRUVER
Owner-Builder
818 Inv. Bldg. NAt. 1737
$100 00 CASH*
Pave* the Way to
Home Ownerthip
A highly reputable building firm
operating for years in the Wash
ington orea offers an original buy
ing plan to a limited number of
responsible families (11) seriously
desiring home ownership.
We offer the choice of a fine
lot in a great subdivision of 200
homes, free architectural service
and a financial plan based on in
come and ability to save money.
The homes range in price from
$5,000 to $10,000 (four rooms
and bath to seven rooms and two
baths).
This plan is available for a lim
ited time only!
Please supply your name, ad
dress and occupation in your re
quest for information.
•(Why not put your Christmas
Savings Fund to work on this idea?)
Box 96-C, Star
A TRUE STORY
About 2 beoutiful homes that
we have recently purchased, and
have completely renovated from
top to bottom.
1731 Flower Ave., Silver
Spring, Md. Detached brick, 6
rooms, 2 tiled baths, oil heat,
lot 75x135, 3-cor garage.
(Bedroom with full bath on
first floor).
5506 North Capitol St. N.W.
Eight large rooms, 2Vt baths,
recreation room, attic, yard,
brick garage. All large rooms,
bedroom and lavatory on first
floor. Near stores, schools and
bus.
Note: No price it Quoted on thete
hornet, but will accept any rea
sonable offer lor cask above the
trusts, or will tell with tl.000
cash payment and balance like
rent. Will alto rent them..
Open, heated and llshted, ufter
neens and area, until S HI.
Stroup Realty Co.
931 New York Are. N.W.
OK. 413S—DI. MM
LARGE HOME PURCHASED—Fred A. Hessick has acquired this
attractive home at 4543 Klingle street N.W. from Mrs. Rose A.
Lewis. The sale was made through the office of J. McKenney
Berry. The house has nine rooms and three baths.
Falls Church Tract
Development Started
The Fairfax Realty Co. announced :
today that it will develop a tract of
35 acres located at Falls Church, Va., j
which it recently acquired. The new
section has been named Sherwood,
and work has been started on the
first group of homes.
The new section is conveniently
located, and may be reached from
Washington by either the Lee high
way or Lee boulevard. The lots are
large and wooded. Construction of
the homes is being done in accord
ance with requirements of the F. H.
A., and under the personal direction
of a former construction foreman
for Wesley Heights and Spring
Valley. Baldwin F .Cook is presi
dent of the real estate company,
while H. Gabriel Murphy is vice
president and Humphrey Daniel,
secretary and treasurer.
-£-.
Sales Office Moved
The office of Robert B. Hollander,
proprietor of the Capital Adjusting
ft Finance Co., has been moved
from 1008 H street ff.W. to the
Tower Building at Fourteenth and
K streets.
BRICK BUNGALOW
4807 Westway Drive
LIKE NEW
First Showing$5 #950
ft Urge rooms on one floor, concrete
covered front porch, slate roof. Large
level lot fenced In with white picket
fence, abandonee of shade trees, auto
matic heat, attle. The price has been
reduced for oniek sale.
Open Daily and Sunday
Tn Reach: On to Western Are. and
Ellicott St., follow Exhibit Home sign
on LeRov Place, fVi blocks to West
wav Drive and home.
it2fi k ni.
St. N.W. 1311
2251 Shannon Place S.E. '
A corner i>rick— ond just
consider the fact thot you
con buy this splendid home
in this excellent neighbor
hood for
$6,950
Arran ting the Termt to
to Suit You Perfectly
It'1s conveniently arranged
for two families—so you will
hove an income producing
investment os well os a
home. Six rooms ond bath;
glass inclosed porch; built
in garage.
We have put it in perfect
condition in every detail—
good os new.
Open Until 9 PM. Daily
Out Nichols Avenue S.E. to
the 2200 block, turn ri*ht one
block to Shannon Place.
CAFRITZ
14th & K St*. DI. 9080
Drastic Price
Reduction
$17,650
3106 N St. N.W.
A substantial, charming detached
brick home, first floor, living room,
dining room. library, butler’s
pantry, porch and kitchen; there
are 4 large bedrooms on second
floor with 3 modern baths, sleep
ing porch, viewing the park sec
tion of tn city, a fireplace in most
every room, hardwood floors serv
ants’ quarters and bath In base
ment; nice garden with boxwood:
1-car garage with complete chauf
feur’s quarters above. Suitable for
club, fraternity or professional
service.
4333 46th St. N.W.
$13,950
• Detached Brick
• 4, Big Bedroom*
• 2 Bath*
• Fint Floor Library
• Built-in Bookahelvas
• Screened Back Porch
• Largo Kitchan With Motel
Cabinet*
• Lovely Recreation Roam
• 2 Fireplaces ■
• 2-Car Garage
Both Open Sunday
FRANK $. .PHILLIPS
behim A rent
927 15th St. Dl. 1411
Building Congress Hears
Architect Monday
Gilbert Stanley Underwood, prom
inent Los Angeles architect, who is
designing the projected War De
partment building, will he the fea
tured speaker at the luncheon meet
ing to be held by the Washington
Building Congress Monday at the
Lafayette Hotel. The meeting is
scheduled for 12:30.
The subject of Mr. Underwood's
talk will be “Architecture of the
Future and the Outlook for Build
ing Construction in the United
States." The speaker is a graduate
of Yale University, and received his
master s degree at Harvard. Later
he pursued special studies in arch
itecture abroad. He has been con
sulting architect for a number of
prominent Government buildings.
Spend Christmas in
Your Own Home
*8,450
' 2-FAMILY HOMES that help
to buy themselves. 2 full baths,
2 complete kitchen - dinettes.
5.2 Farragut PI. N.W.
Furnished by The Hecht Co.
‘2940 a Month
! _ •
Estimated Cost of Purchase
to Ou/rjer-Occupant «
Tenant Secured Without Charge
New J B Tiffey development
reoched by driving out New Hamp
shire Ave. to Gallatin St NW ,
ond right two blocks to Farragut
PI. N.W..
Tiffeys. Flynn
INCORPORATED
Woodward Bldg. REpublic 1218
Architects Told
Service Must
Be Provided
Committee Named to
Study Ways to Aid
Home Builders
Unless the Nation's architects
provide service for all home owners
they “may find themselves before
Congress, fighting for their exist
ence,” declares Walter R. McCor
nack of Cleveland, chairman of the
Housing Committee of the Ameri
can Institute of Architects, in a re
port dealing with “The Real Issue
in the Small House Problem."
Principles involved in the con
troversy within the ranks of the
American Association and between
the association and the United
States Government apply to the
architectural profession, according
to Mr. McCornack, announcing the
appointment by the institute of a
special committee, of which C. Her
rick Hammond of Chicago is chair
man. to study the problem ex
tending architectural service to the
entire building public.
The committee, consisting of six
institute members and three mem
bers of the Producers’ Council, has
undertaken in co-operation with
Government agencies “a study of
ways and means for finding a
j method for providing architectural
I service, including supervision, for
1 the great mass of the American
public who do not now have the
advantage of such service."
Service Chief Object.
The Housing Committee dis
claims any intention of devising a
policy applicable to every com
munity, expressing the belief that
the institute's 70 chapters through
out the country, as well as indi
vidual architects, “should be free to
(See ARCHITECTS, PageB-2J
-1_
TIRED of MOVING?
Live in Your Own Home!
^ Your rent receipts
- will never five
[jp you the sense of
* security that a
^ deed to your own
3 home will! To say
™ nothin* of the
expense and an
“ noyance of con
C stantly movinf.
Live in a Stone
K built home, be
cause that is a
• "bette r-b u 111
home"! See tho
m many attractive
“ plans on file In
^ our office, arranfe
E for such ehanfes
III ** necessary and
■ then let us relieve
jP you of all worry.
From start to fin
t ish, we handle all
details, and help
i> you in financinr.
!too! As an exam
ple of our work.
INSPECT:
*1821 Parkside Drive N.W.
Fronting Rock Creek Park—20
minutes from downtown—this beau
tiful Williamsburg Colonial, com
prising all the niceties you would
desire. Wicluding paneled library,
lst-floor lavatory. 2-car built-in
garage* recreation room and 90-foot
lot. is now available for your in
spection. If you intend to make
a change in the near future, by
all means inspect Aodav. Out 16th
St., left on Kalmia, left on Beach
Drive to Parkside.
Trades Considered
Philip E. Taw, Salaa 1
927 15th Street N.W. \
L NAHenal 0856 ^
EXHIBIT HOME—1817 E STREET N.E.
CONVERT YOUR RENT MONEY INTO
A SOUND HOME INVESTMENT!
Just think—far S50 per month yoir ran afa Jh pi A
own a flne. modern home of yonr own. Si* lk|a M |a■ ■
lam roomi. tiled bath, fall basement. UJU.A
air conditioned. Insulated, furred walla. ▼ w
weatherstrlpped and screened. Deep » a..k
fenced-ln lot. Every nfhdern appointment. wnlill waSn r 1 jmunT
Visit this new stoop today.
Use your Christmas savins* cheek for *■ A. Terms If
a dewn payment. — Desired.
Op«n Daily and Sunday LOOS H. HALL
Drive out B. Capitol St. to 17th,
turn left to E St. and right to . Kealtor-HU liner
_homei-_ PO. 6021
•»'••• i'•_> v-.i\ \i~7ir*
iaijr]JW
STOP!
Have You Visited the Brand New
MT. VERNON PARKWAY HOMES
5 Mi nut** Front Comtitution Ana.
The first of a group of ONLY
00 homes In one of the
most beautiful locations * mm mm mm bb
around the Nation's Capital m o M
. . . Stone and brick con- m 1 ■ E m. 1
structlon ... 5 or 6 rooms. f ■ ■
Alr-conditloned heat. 2 or 3 f. H. A. APPROVED
bedrooms, colorful tiled bath. _ ^ ^ _ _
beautiful terraced lot. P■ B ED CQ
DKIVB OUT Mt. Vernon dO
Boulevard part WJSV tov.er*
to our tiffn—turn rtght. PER MO.