Source:Another-acreage-sale
"Another acreage sale: Twelve acres in Wilkinsburg and Wilkins township: Change hands at $2,500 per acre—Old Frankfort Springs sold—the resort will be greatly improved—current gossip, sales, etc." Pittsburg Dispatch, Sept. 13, 1892, p. 11. Newspapers.com 76580527.
Monday, Sept. 12.
Another large sale of acreage located in Wilkinsburg and Wilkins township was closed to-day, John Wesley purchasing from Jacob Weinman a tract of 12 acres, of which six acres are situated in Wilkinsburg, and six acres being located in Wilkins township. This property adjoins the Clark and Wesley plan of lots No. 1, and will be laid off in a plot to be called the Clark and Wesley plan No. 2. The new plan will contain 127 lots, the size of which will vary in frontage from 25 to 30 feet and from 105 to 150 feet in depth. The price paid for the tract was $30,000, or $2,500 per acre, showing quite an enhancement of values in this section within a year. The property will be improved by the grading of streets, laying of sidewalks and a new sewerage system, etc. Work will be commenced to-morrow (Tuesday), and Mr. Wesley expects to have the plan on the market before the close of the present week.
Frankfort Springs Sold.
Frankfort Springs, the popular summer resort located in Washington county, a distance of 28 miles from this city and ten miles from Burgettstown, has changed hands. George Johnson, the prominent real estate agent, purchased the famous old springs a few days ago. The terms of the sale are withheld for the present, but the price paid is said to have been away up in the thousands of dollars.
Mr. Johnson is organizing a stock company, with a capital of $150,000, for the purpose of erecting a new hotel to contain 125 rooms; to improve the premises in general and, in fact, said Mr. Johnson, "make it within a short time a resort that will be unsurpassable." "Old Frankfort," as the place is very familiarly known, being nearly 100 years old, is well known in this city, being but three hours' drive over elegant roads, and many of the regular visitors will undoubtedly be greatly surprised to hear of the deal. Since his purchase Mr. Johnson has had several flattering offers for the place from local capitalists, but has refused them all, having decided to pursue the course outlined above.
A Little Gossip.
A deal for the sale of about 40 acres of land located in the Twentieth ward, involving about $100,000, is on. The intending purchaser desires the tract for the purpose of establishing a driving park and stock farm, and is very anxious to obtain this particular tract. The deal has been on only a few days, but is said to be nearing the point of settlement at a very rapid rate.
As showing the increase of values in realty in the East End a tract of seven acres located in that vicinity was purchased two weeks ago for $20,000. The purchaser yesterday refused an offer of $26,000 for the property. This is certainly a sudden spurt.
Morris & Aisbitt, the well-known agents, say that they received more inquiry and orders for properties in various lines to-day than on any previous day during their career in the realty business. Among the orders received was one for a site for the erection of a large warehouse in the city.
The paving, and laying of flagstone walks on Stratford avenue, from Penn avenue to Roup street, will be commenced in a few days. The thoroughfare has been extended in width to 50 feet, an extension of 10 feet.
Building Permits.
The following permits were issued to-day: Messrs, Loeffler & Hawley, two brick two-story dwellings, Fifth avenue, near Craft avenue, in Ursula Terrace plan; cost, $4,500 each. George Scott, a frame two-story dwelling, Turrett street, between Shetland and Meadow streets; cost, $4,000. Home Dressed Meat Company, a brick and frame addition to slaughter house, Brownsville avenue; cost, $3,000. Mrs. C. Moorehead, a frame two-story dwelling, Edwin street; cost, $3,000. Mrs. A. L. Runsden, a brick two-story dwelling, Alder street; cost, $6,000. J. Thompson, two frame two-story dwellings, Summerlea street, near Walnut street; cost $3,300 for both. Mrs. A. Wach, a frame two-story dwelling, Calliop [sic] street; cost $1,625. Jacob Sallburger, a brick two-story dwelling, Gist street, between Forbes and Locust street; cost $2,950. John Voight, a brick two-story dwelling, Larkins alley, between Seventeenth and Eighteenth streets, cost $2,317.
Reported by the Brokers.
Baxter, Thompson & Co. sold lot No. 346 in the Villa Park plan, Brushton, fronting 50 feet on Mohler street by 150 feet to an alley, to John S. Warnock, for $450.
John K. Ewing & Co. sold to John P. Morley a lot 50 × 150 on Cedar avenue, in the Watson sub-division, East Bellevue, for $1,000 cash.
Black & Baird sold to Mannus Galligher for Joseph Waters, lot No. 22 in the Arthurs plan, fronting 26 feet on Baltimore and Ohio Railroad, by 113 feet in depth, beign second lot east of Blain street, for $250. Also placed a mortgage of $12,000 for five years at 6 per cent on a business property on Penn avenue, East Liberty.
Reed B. Coyle and Company sold lots Nos. 9 and 12 in the Highland Place plan, adjoining Highland Park, having a frontage of 50 feet on Negley avenue, and extending back 208 feet, more or less, to Pacific street, for $3,750.
E. T. Shaffner, the Hill-Top real estate agent, sold for the Birmingham Land Improvement Company lot No. 150 in their South View plan, said lot fronting 75 feet on Birmingham avenue and extending back 150 feet to an alley, to Samuel H. Donnally, for $650.
S. A. Dickie & Co. sold for F. P. Bell to W. R. Anderson a lot 50 × 130 feet on Meade street, Fahnestock Place plan, for a price approximating $2,500.
The Burrell and Kensington Improvement Companies report the following sale of lots at Kensington: Yee Chee, Yee Yum and Yee Pang, Kensington, lot 89, block 5, for $767 50; Amelia H. Brennan, Kensington, lot 13, block 22, for $765; Phillip Rathes, Kensington, lot 16, block 22, for $765; Gottlieb Crousey, Homestead, lot 283, block 26, for $936.
