Evening star. [volume] (Washington, D.C.) 1854-1972, January 14, 1961, Image 26

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Evening star. [volume], January 14, 1961, Page B-2, Image 26
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 14 Jan. 1961. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1961-01-14/ed-1/seq-26/>

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B-2
Real Estate
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COUNCIL CHANGES LEADERSHIP
Marvin W. Simmons, outgoing chairman of the Washington Area
Realtors Council (second from left), turns over the gavel to his suc
cessor, George P. Shafron. Mr. Simmons is immediate post president
of the Montgomery County Board of Realtors. Mr. Shafron heads
the Northern Virginia Real Estate Board. Looking on are Carlos
Dixon (right), president of the Prince Georges Real Estate Board and
vice chairman of the council, and C. Robert Gray, president of the
Montgomery County Board and council treasurer. Other council
officers are: Frank J. Luchs, president of the Washington Real Estate
Board, secretary, and E. W. Herron, executive vice president of the
NVREB, recording secretary.—Cameramen Photo.
i Small Investors
Given Warning
A warning to small Invest
ors to beware of a "get rich
quick” philosophy regarding
real estate investment trusts
has been issued by officials of
the newly organized National
Association of Real Estate
Investment Funds.
Joseph W. Lund, president
of the association, said a
number of major problems
confront small and large in
vestors alike in connection
with the trusts which became
effective on January 1.
He added that Internal
Revenue Service intends to
publish within a week or 10
days the new regulations
governing the program. The
Securities and Exchange
Commission also expects to
issue registration forms at
the same time.
After publication of their
Initial drafts, both agencies
customarily allow a 30-day
period for interested parties
to file their objections or
comments. This, coupled with
the fact IRS and SEC intend
to exercise rigid control over
the trusts, might delay final
NORTH ARLINGTON
955 N. ROCHESTER STREET
NEAR 7 CORNERS
Split level; 7 rooms, 3 baths; large lot. Close to schools
and transportation. $27,950. Also ramblers at $25,500.
OPEN SATURDAY & SUNDAY, 1-5
DIRECTIONS: Out Wilson Blvd. to N. McKinley ltd . right to N. Quan
tico St., left to N. Potomac. left to Quesada and right to homes.
F. E. WESTENBERGER
JA. 2-0353
A METZLER’S PRESENTATIONS
▲ All Open Sunday, 1-Dark X
♦ FIRST OFFERING ♦
♦ ROLLINGWOOD PROPER j
X 3403 Rolling Court V
Z. Words cannot describe the charm of this unusual home. Perfect R
T for the executive, the discriminating buyer. Immaculate condition. ▼
Beautifully situated on a level lot with whispering pine and flower-
Y ing shrubs. Cul-de-sac street. Spacious reception hall, cathedral Y
' ceiling living room approximately 25x18 with artistic marble ■
♦ fireplace, banquet size dining room approximately 18x15, modern W
kitchen with breakfast room plus private suite of bedroom, full ■
jA both and screened porch on first floor. 2 spacious bedrooms (one
■ with sundeck), deluxe tile bath on second. Recreation room, maid's
jA room and bath, on lower level. Garage, secluded rear patio THIS
TIS THE HOME YOU WOULD CUSTOM BUILD—AT. A FAR ▼
I HIGHER COST THAN OUR LIST PRICE, $39,950. Inspect-you X
T won't be sorry. W
. Directions- Out Conn. Ave. vast Chew Chase Circle to Leland St.. ■
right continue to Rotllnp Court right to home. Follow METZLER sit
■ arrows. Col. Chaffee. EM. S-USS on premises.
NORTH CHEVY CHASE
9012 Brierly Road
Delightful new center-hall brick Colonial on large wooded lot, wf
level front entrance. Center hall, spacious living room and separate X
A dining room has a beautiful view, deluxe electric kitchen, library A
■ and powder room on first floor. 4 bedrooms, 2 baths on second. .
Ak Ground-level recreation room and hobby room, garage. Priced in
| upper 30s for immediate sole.
I Directions: Out Conn. Are. Extended to Kensington Pkwy., right to |
Glenmoor. right continue to Brterly Rd right to home Follow wf
METZLER arrows. Margaret Maas. OL on premises.
CHEVY CHASE—ROLLINGWOOD
3203 Thornapple Street
"Matzler-built" center-hall brick Colonial on level, wooded lot. W
Attractive living room with fireplace, family dining room, ultra ■
deluxe kitchen with breakfast space, den, powder room, screened W
porch on first. 3 spacious bedrooms, 2 tile baths, built-ins, etc.
on second floor. Stairs to expandable third floor. Paneled recreo
tion room with fireplace, 2-cor garage. Convenient to elementary
school and transportation. A buy in the low 30s. X
Dir.ction, Out Conn. Ave. to Chevy Chase Circle, right on Wr.frrn ▼
Ave. to Winnett Rd . left to Rollingwood Dr , right to Thornapnle, ■
left to home. Follow METZLER arrows. Mr. Manson, FE.
on premises. w
KIRKSIDE ▼
108 Grafton Street ▼
Charming brick Colonial on beautifully landscaped, level lot close
to Blessed Sacrament, Conn. Ave. transportation. Center-hall pion;
spacious living room, family dining room, bright kitchen, powder X
room, screened porch on first. 3 bedrooms, 2 baths on second. ▼
Semi-recreotion room, garage. Priced in low 30s.
Directions: Out Conn. Ave. around Chew Chase Circle to Grafton ▼
St., right to home. Mr. McLaughlin, HU. J-ft/p on premises. ■
£ T7[[D
▲ WRALToeg . auupgag •?*. .fe . md, X
1 Office Open Doily Until 9 P.M.; Sunday Until 12
T I). C. Office, 5022 Conn. Ave. at Nebraska Ave. 'j
4 EM. 2-7400 Y
THE EVENING STAR
Washington, D. C., Saturday, January 14, 1961
draft of regulations for two
months or more.
JUnder the statute, Invest
ment trusts which are mainly
invested in real estate equi
ties or mortgages are not
subject to income tax if they
distribute 90 per cent or more
of their earnings to share
holders.
Clagett Tract
Sold to Sind
The 194-acre Clagett tract,
located on Seven Locks road
near Montrose road, has been
sold by Milton and Howard
Polinger to A. S. Sind En
terprises of Washington for
a sum reported in "excess of
$1 million.”
Carl Goldberg of the Rob
ert H. Kent Co.. Silver
Spring, who handled the
transaction, said the Sind
firm plans to build 500 homes.
They will be comprised of
ramblers, split levels and
colonials in the mid $20,000
price range.
Four Outstanding Buys
Open Sunday 1 to 5
SUMNER-5105 Westpatli Court
feel it is one of the best buys ever offered in Sumner.
Brick Colomol Cope Cod, 4 bedrooms, 4 boths, large
living room, dining room, all electric kitchen.
Ist floor— Master bedroom and bath, unusually large
° en ’ new wall-to-wall carpeting throughout and new
S= drapes go with the house.
2nd floor—3 bedrooms, 2 boths. Basement, daylight
recreation room, wolk out on to rear garden. Whole
house centrally air-conditioned. VACANT AND IM
MEDIATE OCCUPANCY. Beautifully financed
DieECTIONS: Our Mats. Ava. I«ff »n Ft. Sumner Dr. riaht on
Sign. ,, ’ h ’ War «nd ripht on Wo.tpotti Court
MASS. AVE. PARK—32OI Cathedral Avenue
_ In tha Shadow of tha Cathadral
= The best "close-in" buy in the District—upper thirties.
i= vomer of Cothedral ond 32nd Street. This is a beautiful
brick Colonial. Center hall, large living room, enclosed
|S heated porch, dining room, kitchen, family room. 2nd
f oor: 3 bedrooms ond 2 boths plus sun room. Third
~oor: 2 bedrooms ond full both. Basement: built-in
Oarage, maid's room ond bath, laundry, furnace room
oil hot-woter heat. Immediate occupancy.
= -
BETHESDA-HILLMEAD
8723 Ridge Road
= New offering. Red brick Cooley-Built Colonial on lovely,
» level lot 75x165. Living room, dining room, kitchen'
SE paneled den, powder room (with room for shower) en
= n ed / eoted 3 and bath on second
= i ?? r kE? ul ? ,e Oarage, tool house plus children's playhouse
s 523,950. Immediate possession.
= «d" E fVs723 S: ,lvd ' ri,t ” V ’"* / **< ri ’ M •"
AMERICAN U. PARK—4223 46Lh St. N.W.
Red brick Colonial. Living room, dining room, kitchen, 8
B d po l* der room - F °ur bedrooms, two full baths, S
>35 third floor dormitory room, recreation room and utility S
room, lavatory. Convenient to schools, churches, ond S
S transportation. Priced in mid-thirties.
I exclusively with
J. RUPERT MOHLER, INC.
= ’223 Conn. Av*. NA. 8-4080 =
Realtor
43 Years Serving Metropolitan Washington
|| BOGLEY Homes Open Sunday 1-5
PARKWOOD 4515 Westbrook Lane
i 2 A 9 . 5^~ VEBY LOW DOWN PAYMENT—MOVE IN
TOMORROW—New and unmatched In value; 3 twin
bedrms., TWO BATHS, large living rm. Dining ell will
take set of furniture; dinette space in beautiful 1961
kitchen, recessed oven, etc. Basement has recreation space
Near swimming pool, schools, churches, bus. ’
Out Wisconsin Ave. past Naval Hospital, riaht on Cednr r I
t^ B West!rook.' left Cltarbrook Lant * ltft to Clearbrook Place, right
BETHESDA 8626 Garfield Street
SIB.7SO—GARDENING THIS SPRING? FENCED LEVEL
LOT 150 FT. DEEP— Substantial brick 3-bedrm. Colonial
with slate roof; fireplace in gracious living rm.; spacious
dining rm., new kitchen. Garage.
?o U ' a gr*eS fO r 7,'ht U w wr «"
WESTWOOD $36,950 and $38,950
NEW BRICK COLONIALS ON NEWINGTON RD. AND
WESTBARD AVE.— Two models; both have 4 bedrms. 2
baths, den, powder rm. One model has large family rm.
on first floor with fireplace, like a second living rm. Other
model has finished recreation rm., garage. Also brick split
level 5-bedrm. homes ready in a few weeks. Near Kenwood
Golf Club, new shopping center. LOW DOWN PAYMENT
ALSO OPEN DAILY 1-5
Out Mass. Ave. attended to underpass, right on Westbard almost
Kd " on one block to Newington, left to
UrtN sign.
EDGEMOOR, Bethesda 7201 Clarendon Rd.
S27,SOO—BRICK COLONIAL IN PRESTIGE AREA*
PANELED DEN, 3 BEDRMS.. 2 BATHS— Near swimming
and tennis club; center-hall plan; large living rm.; dining
rm. 14x12: stairs to finished 3rd floor. Jalousled porch;
spruce-paneled recreation rm. and 4th bedrm. and bath;
garage with adjoining hobby shop; patio. Come early!
tS
RETHESDA 8717 Ridge Road
S22,9SO— HUGE FAMILY RM. ON FIRST FLOOR. WITH
POWDER RM.—TRADES CONSIDERED; VERY LOW
DOWN PAYMENT. Charming white brick Colonial; 3
twin-size bedrms (one 20 ft. long); modem kitchen. Garage
with electrically operated door. Landscaped garden 150 ft.
deep; tall trees.
Oui Bradlev Blvd, past Wilson Lane to Valiev, right to Ridge,
right to our sign.
YOUR HOUSE HASN’T SOLD YET? List it with Bogley.
Large, expert staff. Lots of advertising.
Office Open Sunday 10-5; Weekdays ’Til 6
SAMUEL E. ■■■■
7000 E> * e-'V' OL.
wi s .Ave.s®G O GEY 6 . 7 8 ( )() |
ROBERT W. LEBLING, PRES.
FHA
Mortgage
Report
Individuals and organiza
tions invested more than
$4.3 million in Federal Hous
ing Administration - insured
mortgages between mid-July
and September 30, the agency
has just announced.
A new regulation allowing
individual ownership of
mortgages took effect on July
14 and this is the first an
nouncement FHA has made
on the amount of participa
tion under the regulation.
Before that date, only FHA
approved mortgagees could
own such mortgages.
Ninety approved mortga
gees sold 456 mortgages to
individuals and organizations
during the two and one-half
month period, FHA said.
The regulation is designed
to increase the flow of funds
into the housing market.
FHA said it plans another
survey on individual invest
ment in FHA-lnsured mort
gages for the six-month
period ending March 31 and
thereafter will conduct an
annual survey and statistical
report on the subject.
Best buy oh
ck ramblers!/
Ms
CIOUS MODELS TO CHOOSE FROM
*** v a- ... .
..uJu-Zr*- V ff 2
EMUBL
8»W->z f
~ ; -li - WA T
• 3 TWIN-SIZE BEDROOMS $16,500 AND UP ’ |
o complete kitchen MONTHLY PAYMENTS $103*20
• SEPARATE D,N,NB ROOM LESS THAN RENT
• WITU nfiTcin2 T esin^J! T ” V ° U CAN T MIIT °* fHA QUALIFICATIONS, YOU
WITH OUTSIDE ENTRANCE may still qualify for a Randolph hills home.
-
OPEN
TmsFKid. I k Follow Viera Mill Rd. out to* third
k. troHie light ond turn left onto Ron- ■W*AIL ■
, KL/Jf/yfy ? . •‘'’Up f. et ft dolph Rd. ond follow signs to Model
IL . Home ... or oufWisconisn Ave M 3V2 JA
miles post Novol Hospital and turn
1 right on Randolph Rd. Follow signs w
AV£. ’° Mod " Hom,/ SUNDAY
MODEL HOME WH. 6-4818—OFFICE WH. 6-8535
f
Jp DM! o oo
In
ill 1 Lomond
Uillagr
vWM \ ''
RAMBLER
Just os easy on the budget, "IsL—
as is on the eye* A sound,
sturdily-built home with spa
cious rooms 3 bedrooms, ppi -**■**Z
large tiled bath, large living *■ - '" . tJE. ®
room, modern kitchen with ‘ Ml
natural wood cabinets. H
FULL PRICE:
$11,025
SCI per month
Q I includes principal, interest
"MONTEREY" CAPE COD
3 large bedrooms, l'/i FULL PHICt $11,375 ' fiar W 1
boths, s.parot. d.n- . p.rmo.
mg room, ultra-modern ;p _ ( .
kitchen with natural ~,
finished oak cabinets. witMOvii J 400
a $ 69- 50 per month
"HEATHER" RAMBLER
3 badraam*. tiled both, dmmg oreo, ultra- . .a X
modem kitchon with natural fimthod 00k . ' &
Tok. th. word of wis. old
S c otty M cT hnft--'Y° U Wont mum,Ct. $1 2.650
Find A Better Buy From H.r. so '
Scotland!" Fv.ry Hom. is con- * iv ; j~ ’Up ; liß' jH
struct.d of th. fin.st quality ma- 4* P er m ® • ’*W H
t.rialsJ.aturingW.st Coast Fir Lum- 1..1. P,in. ..dl.i
ber, Wood double-hung windows, all
•xt.rior walls com pl.t, ly insulated.
W.ath.r stripping on oil doors and win-
daws, natural wood cabin.ts in kitch.n, hard-
wood floors and many oth.r .xtroi! O— • a t- AflQ'* ’
W¥t QM6 v
MODEL HOMES OPEN EVERY DAY 10 A.M. 'YIL DARK
DIRECTIONS: Over Memorial Bridgg, tok. Rout. 50 to Fairfan, continue
on Rout. 29-211 to C.ntr.vill.. last on Rout. 28 at traffic light in C.ntr.- WRjiglW
vill., 4 mil.s to our sign at Csso A Sinclair Gas Stations, turn right and VA CAAnire fl-501 O
follow signs to Loeh Lomond Vilfog. ond furnish.d mod.l hom.s. WIANAS3A9, VA. B p

Evening star. [volume], January 14, 1961, Page B-2, Image 26
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], January 14, 1961, Page B-2, Image 26
About Evening star. [volume] (Washington, D.C.) 1854-1972