' , 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