News Summary
Douglas Graham Rands and Susan Rands have acquired a property on Alabama Avenue for $1,350,000. The residence features 4 bedrooms and 3.5 bathrooms, showcasing the region’s soaring real estate values and strong demand. This transaction reflects a broader trend of increasing property investments in Cleveland, emphasizing the vitality of the local housing market amid ongoing economic changes.
Cleveland, Tennessee – Douglas Graham Rands and Susan Rands have purchased a property located at 4815 Alabama Avenue for a total of $1,350,000. This sale adds to the growing list of high-value real estate transactions in the area.
The newly acquired property boasts 4 bedrooms and 3.5 bathrooms, providing ample living space for the new owners. With a total area of 3,287 square feet and a lot size of 0.91 acres, the home offers significant outdoor space alongside its spacious interiors. The transaction was completed from the previous owners, Phillip H. Brooks and Kelley Brooks Simoneaux.
This sale occurred as part of a series of noteworthy real estate activities within the region. However, it is important to note that the Hamilton County Register’s Office did not publish this specific sale data. Despite this, all information related to property transactions is accessible to the public in accordance with T.C.A. 10-7-503, which ensures transparency for residents and stakeholders.
In recent related news, Brian Welch has been appointed the new Construction Director for Habitat for Humanity of Cleveland. His robust background in construction and project management will likely play a pivotal role in the organization’s ongoing efforts to provide affordable housing options in the region.
The real estate market in Cleveland has seen notable developments, with rising property values and increased interest from buyers. Properties like the one purchased by Rands indicate a trend where buyers are willing to invest significantly in desirable neighborhoods. The recent transaction also illustrates the vibrant nature of the local housing market, which has continued to rebound and thrive even amidst economic shifts.
As more individuals choose to move to the area, local officials and stakeholders taking part in the real estate market are observing these trends closely. The community is adapting to the growing demand for housing while simultaneously balancing the need for affordable living options to cater to all demographics.
In conclusion, Douglas Graham Rands and Susan Rands’ acquisition of 4815 Alabama Avenue exemplifies a trend of high-value property transactions in Cleveland. The increasing interest in real estate signals a dynamic local market that is witnessing both growth and investment, reinforced by recent developments in organizations committed to improving housing accessibility.
The combination of new property sales and leadership changes within organizations like Habitat for Humanity signifies a notable period for Cleveland, where community and financial growth are interlinked through strategic housing initiatives and investments.
Deeper Dive: News & Info About This Topic
HERE Resources
Chattanooga Job Market Insights and Community Events
Chattanooga Business Scene: New Ventures and Closures
Lebanon Launches First Electric Vehicle Charging Station
Additional Resources
- Chattanoogan: Chattanooga’s Million Dollar Homes
- Wikipedia: Real estate
- Chattanoogan: Hamilton Zanze Completes Acquisition
- Google Search: Cleveland Tennessee real estate
- Chattanoogan: Chattanooga’s Million Dollar Homes
- Google Scholar: real estate market trends
- Chattanoogan: Tish Cook Joins Crye-Leike Realtors
- Encyclopedia Britannica: real estate market
- Chattanoogan: CBL Properties Welcomes Jim Henderson
- Google News: housing affordability
