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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (July 17, 1927)
' , t THE OREGON STATESMAN, SALEM, OREGON ' ' , . . . ' ' ' - - ; - SUNDAY MORNING. JULY -17; 1927 - ' .' - " . 5 ' Real Estate Price Going' Up 121- Salem;-;WKere !SEotaH I s v." r.: Answ ? You Can Invest in r our iirecnons With NcrlK r , West r'if-'.i.'' - South DirectionjOweNorth to iflie iMHrlhi tfie clty is sorely building. All you have to do is to ride around North Salem, and then ouj. on the SilTertoir road and again on the Pacific highway.. "... ?- !tertlr Salem is filling up with lieauUful homes jDut on the Kilvrr on road hornet arin being erectwl. """On tfteHPaelfic. highway, towards Portland, there is big ' dewtopment in sight, one of which is buildings to - he erected by the Gilbert-Smith Oil Co., distributors for Richfield gaso line. The Pacific highway In North Sa lem and the Fairgrounds road within .a few years will be almost all busi ness property. . Where travel is, lhere you will find business and business prices. Direction Two--South Anybne who takes the trouble to drive south on Commercial street and then looks east towards Twelfth street will be surprised to see the number of new homes. t And to the west from South Com mercial street there are improve ments tbat within a short time will develop a new view-point residence district. ' - - - Out towards Morningskle and then out on the Turner road, there is a demand for residence property. The new sewers will solve the troubles of that part of the city. Direction Three East REALTORS Anderson & Rupert 169 South High Street "Louis' Bechtel 341 State Street A- C. Bohrnstedt - : - 147 North Commercial St. Becke & Hendricks 189 North High Street H. E. Brown 109 S. Commercial St. Leo N. Cbllds 320 State Street Lelace H. Ellis . 320 State Street W. H. Grabenhorst & Co. 134 South Liberty Street Gaskill & Earle 166 South Liberty Street Geo. W. Hubbs Silverton, Oregon K. Burgard Kugel 175 South High Street W. G. Krueger 147 North Commercial St. Tlie linen mill lias given an im petus to building In the northeastern part of the city, and. especially out on the Garden road, which is a northeast extension of Market street. Seventeenth street will - soon be extended right into the fair grounds. Real estate will increase in value. Tlie state, has recently sold several acres ou east Center street which will soon be covered with homes. Out east on the extension of State street there is a thriving community arising at Four Corners and before 1:0 tids district will probably be incorporated within the city limits, with all city advantages, which also means an increase in and values, as well as lower insurance rates. Direction Four West' -. -. . i , West Salem Is coming" to the front Dwellings are being erected. The tax rate is low. iTbe city council of West. Salem is conducting A business-like administration '? -'. ... ' ' The 1029 legislature can pas' an enabling r ad, by : which W'et "Saleiii can be made a part of Saleiu. ". It; probably will.lby an "election in t9S9. West Salem is almost in the renter or Salem, The Marion-Polk' county bridge is only three ' and one half , blocks from the city" hall and fire! tatkm. Figuring the bridge as two blocks in length, laeater .-of West Salem is only seven or eiglit blocks from the city. hall. The supreme court building is six blocks from the city hall.' The paper mill is five and one half blocks from the fire de partment. v SALEI.fiEALTY , ... i . i i: T a a a An Association of Realtors SALEM, OREGON -. -;. - - '. - , i r LH, OBKRER- l -fU., 4 President ' WALTER M. PKNNINGTON '.-I i Treasurer-' ' WINNIE PKTTyJOIIN 1 Secretary DIRECTORY- Ulrich & Roberts . 129 North Commercial St. E. A. Miller 208 Oregon Building Lee A. McAllister 134 South Liberty St. McGilchrist A Pennington 9 no it R Rank Bnildins (This page will be used each week by the Salem Realty Board in mnr thnranrh w anonin. k-, 1 ' "v . ... , a .KnuM rAmnlze the Realtor and to our, present resources: In farming and mercantile activities, and as to our potential possibilities, and the fact that there is no more fa, vored spot in the whole United States to live than right herein the Willamette valley. Watch for the next advertisement ono week from today;. Your Eastern and Middle Western Acquaintances Will Appreciate Receiving the Choice Listings of Salem's Leading Realtors on This Page. Tear Out and Mail' to One of Them L. E. Oberer 134 South Liberty Street Gertrude J. M. Page 4-92 North Cottage Street Winnie .Pettyjohn 175 South High Street Richard L. Reimann 147 N. Commercial Street Victor Schneider 228 Oregon Building -k . George Thomasoa ; v 320 State St. S. R. Tandy ', ' Jefferson, Oregon ; M'GILCHRIST & PENNINGTON 1 ' We have 40 acres improved within two miles ofgood town in Marion county for 350 per acre and can take some .trade. ., , Nine acres four miles of Salem improved and all good land with three acres of fruit for 34 500 and can use a Salem home. Nine acres on pavement, close, and improved for $2500, and can use Salem property. Five acres; improved, fenced, and good wate. six miles of Salem for 31500, and can use a car. Ten acres, well improved and fully equipped with stock, crops, machinery and furniture, two miles out, and can use Salem, homo. McGItCHRlST & PENNINGTON Realtors . , r SOO U. S. Bank Bide., Phone 140 SUBURBAN COUNTRY HOME Have you been dreaming of an ideal country home? A home with fruit, berries, poultry, sleek dairy cows, up-to-the-minute buildings and equipment, rolling land, some fine timber and a pastoral scene of beauty? I have it within 10 minutes drive of Salem. Ask me about it. A. C. BOHRNSTEDT Realtor Loans Insurance. 147 North Com'l St. Salem, Oregon .Farm Loams I --- Plenty of 5 Money for Willamette Valley Farms OS ANDERSON & RUPERT Representing Equita&Ie Sav. & Loan Assn. of Portland 169 South High St. Phone 1644 JL PROPERTY 1 I The Best of All Investments is business property in the right location, , now drawing, Maximum income and certain to advance in value with time. It was this princfple that made the great real estate mil lionaires. ' We have a choice busi ness corner that can be bought right. Bound to increase in value when leases expire. No tele phone information. Oil Wells Will Bring Montana Back 324 acres, small house, 2 springs, 3ff acres been cuU tivated. Northwest of Glasco. Take small acreage or city for equity. . . 160 acres, close to Havre, all fenced, all tillable, buildings. Take? valley acreage. 4 room house, corner, 2 east front lots, in Dodson, Montana. Want home here. s Fire Insurance $2000 to Loan Notary Public H. E. BROWN, Realtor !109 South Commercial RICH L. REIMANN, Realtor 318 U. S.JBank BIdg. Phone 865 TWO LOW-PRICED HOMES 7 room house in excellent condition on fine lot 60 by 120, only five blocks from state house. Living room, dining room, den, kitchen, nook and 3 bedrooms. Fur nace and fireplace. Good location for renting out rooms. Price $4200 Good Terms New house in same location; 4 rooms and nook, 2 bedrooms, built-ins, concrete basement, fireplace. Ideal home for young couple. Price $2650 Easy Terms WINNIE PETTYJOHN, Realtor 175 S. High Street TWO GOOD FARM BUYS 7 2 acres eight miles out on market road, paved within one mile, good set of buildings. 35 acres in cultivation, bal ance pasture and timber. Two good wells, and creek in rear of farm. Price $8500 with good terms. Fine little dairy farm of 75 acres, few miles out on ma cadam road, 25 acres in cultivation, some timber, balance very nest of pasture and will keep a good sin dairy herd. Good; house and dairy Darn and other outbuildings, fine well and spring. Price only 15500 with best of terras. For tiood Buys iti Farms See " szosute JeolN.ChildsGd. Street Real. Values In Lots Good lot on Chemeketa street, paving paid, $400. Lot 75x150 on Bellevue street, $400 and assume paving. ' East front lot on Laurel avenue, near the Hollywood theater, $550, terms. . Creek lot of 100 ft. frontage. $650 and assume paving. Extra godd lot on North Church street near "D" street. Paving paid. $1250. W. G. KRUEGER - Realtor , 147 North Commercial Phone 217 One of Salem's most beautiful homes $16,000. A good buy in close in rooming house, $5500, . , ' Trade close in residence for larger; income property. Grocery store, a good buy. . Service station bringing splendid dividends, is well located, has modern house land acreage. : ; Confectionery close in at greatly reduced price. -. fiT,s , i; . - r , " L - . . r Insure WithithV rUlJ ' "Jff NIAGARA FIRE INSURANCE COMPANY ? , GERTRUDE J. M. MbE AenV' l1 492 N. Cottage Street Telephone 1186 For Sale or Exchange 351 acre farm located on the main West Side highway, 250 acres in cultivation, balance pasture and timber, 21 5 acres in ; crop this year. Has good buildings, well fenced, well and spring water, house has modern plumbing ; the paved road runs i through farm and it could be easily divided into four farms and is already divided into ' two places. Price $ 1 35.00 per acre, in cumbrance $1 2,800. Owner will. exchange for city property in Salem, Portland or Corvallis and will assume. This farm is well worth the moneys See . , W.EGRABENHORST& C0!JPAIIY Realtors " 1 34 S. Liberty St., Salem, Oregon. f . , t Telephone 515 . i VICTOR SCHNEIDER CHRIS SCHNEIDER tt "The Firm of Real Service FARM LAND 1 Is the rock upon which the wejlfarc and prosperity of 1 this Great Nation is resting to a larger degree. I i ' For the post-war; period the farms have been in a i more or. less chaotic state, due to inflation of values during the world war. ' . j This period is however past and the farmer is re gaining his ; footing and values have adjusted, them selves to where GOOD farming now pays. ' We of fer the prospective buyer any type of farms at prices that are in some instances below actual value and "can give terms that you can meet. ? ? - r 73 acres on paving,- close. In and good land at only .u.-.-..'..Xi---4--5,000 60 acres north on good roads, 40 acres in crop, 20 acres good timber, some buildings for . only : $5,000 68 acres on paving, all stocked and equipped, fine modern buildings; on this we will take Salem property to $5,000, and. give easy 1 . teems on .balance. . . 1300 acres in Eastern Oregon orf Dalles-Cali-; fornia highway, all slocked, and equipped at only $7,000 Others for the fruit grower,, truck gardener, dairy man and general farmer these will meet your every desire.- , . " " - " t r , ' ' . We also offer some, good city homes and investments, x loan money and write insurance. J ' " VICTOR SCHNEIDER - Realtor 228 Oregon Building : j : ! : Telephone 673 Greatest Trading ! Organization . . ON THE PACIFIC COAST ?. " k . 4 I i We have over 3000 properties listed for exchange. Ev ery kind of property, every price, every location. We can match your exchange EXACTLY. If you would like to trade your property TODAY, come in TODAY. ,400 acre rancTi,100 acrek in cultivation, No. I buildings, on god road. , A No. 1 stock or , sheep ranch. . t , - ; r-v - r-" 176 acre dairy farm, y jn cultivation; good buildings, fully stocked and equipped. 27 head of fine dairy cows and lots of other stock. Will trade for acreage close to Salem. 4 - New' apartment house to trade for clear farm in valley. . - . ;; -J- : . A $40,000 income property, just completed will trade for farm in Willamette valley. 5 room house located South. Owner left city , and will sell for $2000 ; $300 down, balance $20 per jmonth. . . t JP New modern 6 room bungalow located North . s for only $4300; $500 down, balance like rent. ... 20 acre Irrigated tract in Northern Califor nia to trade for acreage near Salem to $7000. ; GASKILL &" EARLE, Realtor 166 Sooth Liberty Street Phone ,2212 Responsible Renters You can buy a home from us like rent : Low interest , ; " ' ; . . s Drive by these' five homes Three are brand new All are vacant ,.-t. 1 - 33300 1 768 Court Street $4150 940 Highland Avenue-., . &oou ypvJ' i ameracK ocreec , (Block West of .Hollywood Theater) - .y V i $5156t-780 N; Summer Street 55250-980 Tamerack Street ; -J - ' , 1 . - . 1 - , ' - . ' ' V., BECKE & HENDRICKS, Realtors 189 North High Street - - - - Phn M Real Estate, and Insurance . Homes and Farms Bought and Sold, Leased and f Traded i Newi fully modern 4 room bungalow and garage for sale at $2600 ; $200 down, balance like rent. . :t . n - . -66 acres with good 5 room house and barn, 35 acres' under plow, SU miles from Salem. Price $8500, easy. ' payments, or will take house in Salem. , A beautiful suburban home and 5 acres at $10,000, easy-payments. ' - . ' 1 ' , - 6 room bungalow, near new junior high school, price $3200. Will take car in trade. - . , . If you have anything to trade tell us about it , ULRIGH &T.03ERTS" 120 North Commercial Street Telephone 1351 , American Fidelity Building