The Dream of Palatine: 1888 Real Estate Hype in Seattle

Palatine: Lots 40, 50 and 60x100 feet. $100 to $150 per lot. The best located, most desirable and cheapest suburban property on the market today. It is situated within three and a half miles of the Seattle Post Office on the Seattle, Lake Shore & Eastern R. R., and within 10 minutes' easy walk of Ross Station on that road. Four minutes' walk to Salmon Bay. One mile to Smith Cove car shops. This beautiful locality is particularly suited for homes, as it is within easy reach of the Seattle center by rail or carriage road, and with the numerous manufactories already situated there, and the various ones that have secured sites to locate there within the next few months, there will be opportunities for hundreds of machinists, carpenters, masons, and, in fact, all kinds of skilled and unskilled laborers. Ross Post Office is soon to be established, as is also a general merchandise store, which will add much to the value, and a great advantage is that there is a schoolhouse on the ground for the children. Liberal terms offered: payments shall be made as follows: half down, half the balance in three months, and the remainder in six months, at 8 percent. These payments may be made previous to maturity if the purchaser desires. We also offer 5 percent discount for complete cash payment. We offer to all builders of homes worth not less than $250 each within three months after purchase, their lots at from $75 to $100 each according to location. Remember, our lots, 40, 50 and 60x100 feet, are selling at from $100 to $150 per lot, thus making this the cheapest property on the market. For sale by H. W. Baker, George F. Fay, Agent, Room 13, Butler Building, corner Second and James streets.