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4101 31st Ave, Meridian, MS, 39305

3beds
1baths
1,538sqft
$115,000
$75price/sqft
$997/moest. monthly cost
$39,880/yrincome needed

About This Home

This home is in immaculate condition. Hardwood floors in excellent condition, updated kitchen and bath. Kitchen comes with stainless steel appliances and beautiful cabinets. Updated colors and ready for move-in. Exterior of the home is in excellent condition. FHA and VA financing would not be a problem. Also would make a great investment property.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

2/10
4/10
Meridian High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Negotiable

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,538
  • Total interior livable area: 1,538 sqft

Property

Details

  • Parcel number: 127364339000100500

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Lightning
Hail
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Lauderdale County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$162$1,944
Property Taxes $62$744
Electricity $192$2,304
Total$997$11,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,182/yr
40% on housing$29,910/yr
45% on housing$26,586/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 39305$116
Lauderdale County$100

vs Homes Sold Last Month

Median $/sqft

ZIP 39305$99
Lauderdale County$99

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$115,000
2026-01-30Listing removed$110,000
2025-09-09Price change$110,000
2025-08-12Listed for sale$115,000
2025-08-04Listing removed$115,000
2025-05-21Listed for sale$115,000
2021-03-16Listing removed--
2021-02-10Pending sale$69,999
2020-09-29Price change$69,999
2020-06-30Price change$72,500
2019-08-09Price change$73,999
2019-04-30Price change$74,500
2018-12-17Price change$74,999
2018-04-18Price change$77,000
2018-02-05Price change$79,500
2017-09-26Listed for sale$82,500
2014-11-16Listing removed$97,000
2014-07-30Price change$97,000
2014-07-28Price change$86,900
2014-06-16Price change$87,000
2014-06-13Price change$87,900
2014-06-08Price change$88,000
2014-06-02Listed for sale$88,500
2012-03-30Sold--
2012-01-31Listed for sale$98,600

For Sale by Agent

AgentTIMOTHY C ALLRED
BrokerageHILL REAL ESTATE GROUP, LLC

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