The required tackle represents a selected residential location throughout the Meridianville, Alabama space. It’s a distinctive identifier for a property, facilitating its identification for postal providers, emergency response, and property data. The alphanumeric string pinpoints a single, bodily dwelling unit inside an outlined geographic area.
Exact location knowledge is essential for environment friendly supply of providers, together with mail, packages, and emergency help. Actual property transactions, property tax assessments, and zoning laws rely closely on correct tackle info. Historic data related to the tackle present insights into previous possession, building dates, and vital occasions associated to the property and its occupants.
Additional exploration will delve into particulars akin to property traits, area people options, market values, and potential funding alternatives related to this particular location inside Meridianville, Alabama. This evaluation goals to offer a broader understanding of its context and significance.
1. Property Location
The “Property Location” side is intrinsically linked to “104 Waterway Drive, Meridianville, AL.” It dictates the bodily placement of the dwelling and its relation to surrounding infrastructure, facilities, and geographical options. The tackle serves as a singular identifier for this exact location, enabling correct mapping and navigation. With out a outlined property location, the tackle could be meaningless, missing the essential spatial context for identification and utilization.
Contemplate the implications for emergency providers. The tackle permits first responders to shortly find the property in pressing conditions. Actual property transactions rely closely on correct location info for title searches, value determinations, and authorized documentation. Moreover, zoning laws, utility providers, and supply methods are all depending on the exact identification of property areas utilizing addresses like this one. A discrepancy or inaccuracy within the property location would immediately impede these capabilities, probably resulting in pricey errors or delays.
In abstract, “Property Location” constitutes a elementary and inseparable part of “104 Waterway Drive, Meridianville, AL.” Its accuracy is important for varied logistical, authorized, and sensible purposes. Understanding the connection is significant for efficient communication, service supply, and property administration throughout the Meridianville neighborhood. The tackle gives the important spatial context, permitting correct identification and environment friendly interplay with the bodily world.
2. Residential Dwelling
The designation “Residential Dwelling” essentially defines the aim and permitted makes use of of the property at “104 Waterway Drive, Meridianville, AL”. It signifies that the construction is meant primarily for human habitation and dictates the kind of actions legally permissible inside its boundaries, influencing zoning laws, property taxes, and neighborhood issues.
-
Major Habitation
The core perform of a residential dwelling is to offer shelter and dwelling area for people or households. This encompasses provisions for sleeping, consuming, sanitation, and recreation. At “104 Waterway Drive, Meridianville, AL,” this designation implies that the property ought to primarily serve these capabilities, distinguishing it from industrial or industrial properties. For instance, the dwelling’s design should adhere to constructing codes specifying minimal sq. footage for bedrooms, bogs, and kitchen amenities, making certain a fundamental lifestyle.
-
Zoning Compliance
The “Residential Dwelling” designation is immediately linked to zoning ordinances inside Madison County. These ordinances dictate the permissible makes use of of land inside designated residential zones, limiting actions which are deemed incompatible with residential dwelling, akin to heavy manufacturing or large-scale retail operations. “104 Waterway Drive, Meridianville, AL” is probably going located inside a residential zone that limits its use to single-family properties or comparable residential constructions, stopping the institution of companies that might disrupt the residential character of the neighborhood.
-
Property Tax Evaluation
The categorization of a property as a “Residential Dwelling” considerably impacts its assessed worth for property tax functions. Residential properties are usually assessed at a decrease fee than industrial or industrial properties, reflecting the character of their use and potential income technology. The assessed worth of “104 Waterway Drive, Meridianville, AL” can be based mostly on elements akin to its sq. footage, building high quality, and land worth, however its designation as a residential dwelling ensures it’s assessed below the residential tax fee, probably leading to decrease property tax funds in comparison with a commercially zoned property of comparable dimension and worth.
-
Neighborhood Influence
The “Residential Dwelling” designation contributes to the general character and composition of the Meridianville neighborhood. Residential properties create neighborhoods with particular wants and expectations concerning infrastructure, providers, and facilities. The presence of residential dwellings like “104 Waterway Drive, Meridianville, AL” necessitates the supply of important providers akin to colleges, parks, and leisure amenities, contributing to the general high quality of life throughout the neighborhood. Moreover, residential areas usually foster social interactions and neighborhood bonds, selling a way of belonging and shared identification amongst residents.
In conclusion, the idea of “Residential Dwelling” isn’t merely a label however a defining attribute that shapes the authorized, financial, and social context surrounding “104 Waterway Drive, Meridianville, AL”. It influences all the pieces from constructing design and zoning laws to property taxes and neighborhood growth, underscoring its essential function in defining the character and performance of the property.
3. Madison County
Madison County, Alabama, serves because the jurisdictional and administrative physique overseeing “104 Waterway Drive, Meridianville, AL.” The county’s laws, providers, and governance immediately impression the property and its occupants, shaping its surroundings and authorized standing.
-
Zoning and Land Use Rules
Madison County’s zoning ordinances dictate permissible land makes use of, constructing codes, and growth requirements. These laws immediately impression what may be constructed on the property, its dimension, and its potential use. As an example, the property’s zoning classification determines whether or not it may be used solely as a single-family residence or if different makes use of, akin to a home-based enterprise, are permitted. Moreover, constructing codes enforced by the county guarantee structural integrity and security requirements are met throughout building or renovation, affecting the long-term upkeep and worth of the property.
-
Property Taxes and Assessments
Madison County is answerable for assessing the worth of “104 Waterway Drive, Meridianville, AL” for property tax functions. The assessed worth, decided by the county’s tax assessor, immediately impacts the annual property tax burden. The county makes use of varied elements to find out the property’s worth, together with its dimension, location, enhancements, and comparable gross sales knowledge. Property taxes collected by the county fund important providers akin to colleges, roads, and public security throughout the county.
-
Public Companies and Infrastructure
Madison County gives important public providers to residents of “104 Waterway Drive, Meridianville, AL,” together with highway upkeep, regulation enforcement, and emergency medical providers. The county’s infrastructure, akin to roads, bridges, and utilities, immediately helps the property’s accessibility and habitability. For instance, the standard of county roads impacts transportation to and from the property, whereas the supply of county-provided utilities, akin to water and sewer providers, is essential for day by day dwelling.
-
Geographic Data Methods (GIS)
Madison County makes use of Geographic Data Methods (GIS) to map and analyze spatial knowledge associated to properties throughout the county, together with “104 Waterway Drive, Meridianville, AL.” GIS knowledge gives detailed details about the property’s location, boundaries, environmental options, and proximity to different facilities. This info is used for planning, emergency response, and useful resource administration. As an example, GIS knowledge can be utilized to determine flood zones, find close by colleges, or plan transportation routes.
In abstract, Madison County’s function in governing “104 Waterway Drive, Meridianville, AL” is multifaceted, encompassing land use laws, property taxation, public providers, and knowledge administration. These county-level capabilities immediately form the property’s worth, accessibility, and total dwelling surroundings. Understanding the county’s laws and providers is essential for property house owners and residents alike.
4. Geographic Coordinates
Geographic coordinates present a exact and unambiguous location for “104 Waterway Drive, Meridianville, AL” on the Earth’s floor. They eradicate potential ambiguity related to avenue addresses, notably in areas with advanced or overlapping avenue naming conventions. These coordinates function the foundational knowledge for quite a lot of purposes, starting from mapping and navigation to emergency response and property administration.
-
Latitude and Longitude Illustration
The first perform of geographic coordinates is to outline a location utilizing latitude and longitude values. Latitude measures the angular distance north or south of the equator, whereas longitude measures the angular distance east or west of the Prime Meridian. For “104 Waterway Drive, Meridianville, AL,” these particular latitude and longitude values pinpoint its precise place on a world scale. For instance, a mapping software makes use of these coordinates to precisely show the property on a map, no matter tackle discrepancies. Emergency providers depend on these coordinates to navigate on to the property, even in conditions the place avenue indicators are obscured or lacking.
-
Integration with Geographic Data Methods (GIS)
Geographic coordinates are integral to Geographic Data Methods (GIS). GIS software program makes use of these coordinates to spatially reference and analyze knowledge associated to “104 Waterway Drive, Meridianville, AL”. This contains details about property boundaries, environmental options, utility infrastructure, and close by facilities. For instance, a GIS evaluation might decide the property’s proximity to flood zones, colleges, or hearth stations, offering useful insights for threat evaluation, planning, and useful resource allocation. Actual property professionals use GIS knowledge to evaluate property values and determine potential funding alternatives.
-
Navigation and Location-Primarily based Companies
Navigation methods, akin to GPS gadgets and smartphone apps, depend on geographic coordinates to offer turn-by-turn instructions to “104 Waterway Drive, Meridianville, AL.” These methods use the coordinates as a goal vacation spot, calculating the optimum route based mostly on real-time site visitors situations and highway community knowledge. Location-based providers, akin to ride-sharing apps and supply providers, make the most of geographic coordinates to match customers with close by service suppliers and observe their progress. With out correct geographic coordinates, these providers could be unable to perform successfully, resulting in delays and inefficiencies.
-
Property Boundary Definition and Authorized Surveys
Geographic coordinates play an important function in defining property boundaries and conducting authorized surveys. Surveyors use exact GPS tools to ascertain the corners and bounds of “104 Waterway Drive, Meridianville, AL” and document their geographic coordinates. These coordinates are then used to create authorized descriptions of the property, that are important for deeds, titles, and different authorized paperwork. Any dispute over property boundaries may be resolved by referencing these recorded coordinates, making certain correct and legally binding property demarcation.
In abstract, the geographic coordinates related to “104 Waterway Drive, Meridianville, AL” present a elementary and indispensable reference level. They underpin a big selection of purposes, from fundamental mapping capabilities to advanced spatial analyses and authorized property definitions. The accuracy and reliability of those coordinates are paramount for making certain efficient navigation, environment friendly service supply, and clear property possession.
5. Actual Property Market
The true property market exerts a major affect on the worth, desirability, and funding potential of “104 Waterway Drive, Meridianville, AL.” Market forces, together with provide and demand dynamics, financial traits, and native growth, constantly form the property’s standing throughout the broader housing panorama.
-
Comparative Market Evaluation (CMA)
A Comparative Market Evaluation (CMA) is a vital software used to estimate the honest market worth of “104 Waterway Drive, Meridianville, AL.” Actual property professionals conduct CMAs by analyzing latest gross sales knowledge of comparable properties throughout the Meridianville space. Components thought-about embody property dimension, age, situation, location, and options. If comparable properties within the neighborhood have lately bought for greater costs, this could positively affect the estimated worth of “104 Waterway Drive, Meridianville, AL,” reflecting a vendor’s market. Conversely, decrease gross sales costs would point out a purchaser’s market and probably depress the property’s worth. Exterior elements, akin to rate of interest fluctuations and financial indicators, additional refine the CMA’s accuracy.
-
Neighborhood Tendencies and Improvement
The evolving nature of the encompassing neighborhood considerably impacts the desirability and, consequently, the market worth of “104 Waterway Drive, Meridianville, AL.” New infrastructure initiatives, akin to highway enhancements or the development of faculties and parks, usually improve property values. Equally, the inflow of latest companies or facilities can enhance the attraction of the neighborhood and drive up demand for housing. Conversely, destructive developments, akin to elevated crime charges or environmental considerations, can negatively have an effect on property values. Monitoring these traits is important for understanding the long-term funding potential of “104 Waterway Drive, Meridianville, AL.”
-
Property Taxes and Insurance coverage Charges
Native property taxes and insurance coverage charges immediately affect the affordability and attractiveness of “104 Waterway Drive, Meridianville, AL” to potential patrons. Increased property taxes can improve the general price of possession, probably deterring patrons and decreasing demand. Equally, elevated insurance coverage charges, usually as a result of flood zone designations or different threat elements, can negatively impression affordability. Conversely, comparatively decrease property taxes and insurance coverage charges could make the property extra engaging and aggressive throughout the market. These elements are sometimes thought-about when evaluating the overall price of possession and making funding choices.
-
Financial Situations and Curiosity Charges
Broader financial situations, together with employment charges, inflation, and rates of interest, exert a robust affect on the actual property market and, by extension, the worth of “104 Waterway Drive, Meridianville, AL.” Sturdy financial development usually results in elevated demand for housing and rising property values. Low rates of interest make mortgages extra inexpensive, additional stimulating demand. Conversely, financial downturns and rising rates of interest can dampen demand and result in worth declines. Monitoring these macroeconomic indicators is essential for assessing the general well being of the actual property market and predicting future traits affecting “104 Waterway Drive, Meridianville, AL.”
The true property market’s dynamic interaction of those components immediately impacts the perceived and precise worth of “104 Waterway Drive, Meridianville, AL.” Understanding these connections gives a complete perspective for property house owners, potential patrons, and traders in search of to make knowledgeable choices throughout the Meridianville housing market.
6. Possession Information
Possession data set up the authorized chain of title for “104 Waterway Drive, Meridianville, AL,” serving because the definitive historical past of property switch and encumbrances. These data, maintained by Madison County, doc every transaction affecting possession, together with deeds, mortgages, liens, and courtroom judgments. The accuracy and completeness of those data are paramount, immediately influencing the property’s marketability and the authorized rights of its present proprietor. For instance, a clouded title as a result of an unresolved lien can stop a sale or complicate mortgage financing. A title search, analyzing these data, is a typical apply in actual property transactions to confirm possession and determine potential title defects. The integrity of those data ensures readability and safety in property possession.
The data contained inside possession data has sensible implications past actual property transactions. Tax assessments depend on correct possession info to make sure right billing and assortment. Authorized disputes, akin to boundary disagreements or inheritance claims, usually hinge on the main points documented in these data. Insurance coverage firms use possession knowledge to confirm protection and course of claims. Regulation enforcement businesses could seek the advice of these data throughout investigations. Moreover, historic possession knowledge can present useful insights into the property’s previous and the neighborhood’s growth. As an example, reviewing previous deeds could reveal earlier house owners, vital historic occasions related to the property, or modifications in land use laws.
In abstract, possession data are an indispensable part of “104 Waterway Drive, Meridianville, AL,” offering a legally verifiable historical past of the property’s possession and encumbrances. Their accuracy is essential for safe property transactions, honest tax assessments, and the decision of authorized disputes. Challenges could come up from incomplete or inaccurate historic data, requiring cautious title examination and potential authorized motion to resolve. Sustaining the integrity of those data is important for safeguarding property rights and selling a steady actual property market inside Madison County.
Ceaselessly Requested Questions on 104 Waterway Drive, Meridianville, AL
This part addresses widespread inquiries concerning the property positioned at 104 Waterway Drive, Meridianville, AL. The solutions offered are meant to supply factual info and shouldn’t be thought-about authorized or monetary recommendation.
Query 1: What are the property tax charges related to 104 Waterway Drive, Meridianville, AL?
Property tax charges are decided by Madison County and are topic to annual changes. The exact tax fee relevant to 104 Waterway Drive may be obtained by the Madison County Income Commissioner’s workplace or its on-line portal. The assessed worth of the property, as decided by the county assessor, is multiplied by the tax fee to calculate the annual property tax legal responsibility.
Query 2: What faculty district serves the tackle 104 Waterway Drive, Meridianville, AL?
The exact faculty district serving 104 Waterway Drive is set by residential tackle and is topic to alter based mostly on redistricting plans. To determine the present faculty assignments, contact the Madison County College System immediately or seek the advice of their official web site. College assignments usually embody elementary, center, and highschool ranges.
Query 3: Are there any identified flood zone designations impacting 104 Waterway Drive, Meridianville, AL?
Flood zone designations are decided by the Federal Emergency Administration Company (FEMA) and are indicated on Flood Insurance coverage Fee Maps (FIRMs). To find out if 104 Waterway Drive is positioned inside a chosen flood zone, seek the advice of the official FEMA FIRMs or contact a certified surveyor. Flood insurance coverage could also be required for properties inside designated flood zones.
Query 4: What are the standard utility suppliers for 104 Waterway Drive, Meridianville, AL?
Utility suppliers for 104 Waterway Drive usually embody, however will not be restricted to, an electrical energy supplier, a water and sewer service supplier, and communication providers (e.g., web, phone, cable). Contact native utility firms to ascertain service and inquire about charges and repair availability. Particular supplier choices could differ based mostly on location and repair agreements.
Query 5: Are there any Owners Affiliation (HOA) charges related to 104 Waterway Drive, Meridianville, AL?
The existence of HOA charges depends on whether or not 104 Waterway Drive is positioned inside a neighborhood ruled by a Owners Affiliation. HOA charges, if relevant, are used to keep up widespread areas, implement neighborhood requirements, and supply sure facilities. Data concerning HOA charges and laws may be obtained from the HOA administration firm or by a title search of the property data.
Query 6: What’s the zoning designation for the land on which 104 Waterway Drive, Meridianville, AL is positioned?
The zoning designation is set by Madison County zoning ordinances and dictates the permissible makes use of of the land. To find out the zoning designation for 104 Waterway Drive, seek the advice of the Madison County Planning Division or its on-line assets. Zoning laws dictate constructing setbacks, permitted constructing sorts, and allowable industrial actions.
This FAQ part gives a basic overview. Consulting official sources is advisable for particular and up-to-date info regarding 104 Waterway Drive, Meridianville, AL.
The next part will look at comparable properties and up to date actual property gross sales within the surrounding Meridianville space.
Key Issues for 104 Waterway Drive, Meridianville, AL
This part outlines important issues pertaining particularly to the property at 104 Waterway Drive, Meridianville, AL, derived from the previous detailed evaluation.
Tip 1: Confirm Property Boundaries Guarantee correct willpower of property traces by knowledgeable survey to forestall potential disputes with neighbors. Boundary discrepancies can impression future building or property resale worth.
Tip 2: Evaluate Flood Zone Standing Scrutinize FEMA flood maps and contemplate acquiring flood insurance coverage even when not explicitly required. Local weather change could alter flood dangers, and property injury from flooding may be financially devastating.
Tip 3: Examine HOA Restrictions If relevant, totally look at Owners Affiliation (HOA) covenants and restrictions earlier than making any alterations to the property. Compliance with HOA guidelines is necessary and may have an effect on exterior modifications, landscaping, and even pet possession.
Tip 4: Analyze Market Tendencies in Meridianville Monitor native actual property market traits, together with comparable gross sales knowledge and stock ranges, to gauge the optimum time for purchasing or promoting. Market situations can considerably impression property values and negotiating energy.
Tip 5: Affirm Zoning Compliance for Supposed Use Confirm zoning laws with Madison County authorities if planning any vital modifications or enterprise operations on the property. Non-compliance with zoning ordinances may end up in fines and authorized motion.
Tip 6: Evaluate Historic Information for Potential Points Conduct an intensive title search to determine any potential encumbrances, liens, or previous possession disputes that might have an effect on the property’s title. A transparent title is important for safe property possession and future transactions.
These issues are paramount for knowledgeable decision-making concerning 104 Waterway Drive, Meridianville, AL. Addressing these factors proactively can mitigate potential dangers and improve the property’s long-term worth.
This concludes the detailed overview. Subsequent steps could embody consulting with authorized, monetary, and actual property professionals to tailor methods to particular person circumstances.
Conclusion
This exploration of 104 Waterway Drive, Meridianville, AL, has offered an in depth understanding of its location, property sort, jurisdictional oversight by Madison County, geographical coordinates, place inside the actual property market, and documented possession historical past. The evaluation has underscored the interconnectedness of those components in figuring out the property’s worth, usability, and authorized standing. Components akin to zoning laws, property taxes, entry to providers, and market fluctuations had been recognized as essential influences.
Continued diligence in monitoring native actual property traits, sustaining correct property data, and adhering to county laws is important for safeguarding the long-term worth and safety of the property. Additional analysis into particular environmental issues or potential growth alternatives within the surrounding space might also show helpful. The insights offered function a basis for knowledgeable decision-making concerning 104 Waterway Drive, Meridianville, AL.
