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121 Colony Cove Dr, Meridianville, AL, 35759

5beds
3baths
3,121sqft
$429,900
$138price/sqft
$2,929/moest. monthly cost
$117,160/yrincome needed

About This Home

UP TO 1% LENDER CREDIT + 1-YEAR HOME WARRANTY! Move-in ready home featuring 2 primary bedrooms, hardwood floors throughout, XL in-ground storm shelter, and whole-home UV HVAC purification system. Freshly painted with updated light fixtures and all appliances remaining. Situated on a 0.35-acre corner lot with a fenced backyard. A versatile floor plan with valuable upgrades and added peace of mind.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
5/10
8/10
Hazel Green High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Slab

Type & Style

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

Interior

Bedroom2

  • Level: Second
  • Area: 187

Bedroom3

  • Level: Second
  • Area: 132

Bedroom4

  • Level: Second
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Features: 10’ + Ceiling,Granite Counters,Kitchen Island,Pantry,Recessed Lighting
  • Area: 330

Features

  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central 2,Electric
  • Cooling features: Central 2

Interior Area

  • Total interior livable area: 3,121 sqft

Kitchen

  • Features: 9’ Ceiling
  • Area: 154

Master Bedroom

  • Features: 9’ Ceiling
  • Level: First
  • Area: 154

Property

Details

  • Parcel number: 0804170000007.143

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.35 Acres

Parking

  • Parking features: Garage-Two Car,Garage Faces Front

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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical 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 $2,173$26,076
Home Insurance *$268$3,216
Property Taxes $139$1,668
Electricity $349$4,190
Total$2,929$35,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,422/yr
40% on housing$87,870/yr
45% on housing$78,106/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 35759$144
Madison County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 35759$152
Madison County$161

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
2026-08-07Price change$425,000
2026-07-26Price change$429,900
2026-07-17Listed for sale$439,900
2018-07-31Sold$264,518

For Sale by Agent

AgentCorey Washington
BrokerageLegend Realty Madison, LLC

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