NOT LISTED FOR SALE

198 Forest Lake Dr Madison, MS 39110

Madison Area

Estimated Value: $501,000 - $679,000

4 Beds
4.5 Baths
4,150 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Current estimated payment $3,867 / mo

57 Days on Market

Highlights

  • Waterfront
  • Wet Bar
  • Walk-in Shower
  • Madison Station Elementary School Rated A
  • Central Air
  • 2 Car Garage

About This Home

As of June 2025

If you are looking for a large home in Madison County Schools at a great price then look no further! This beautiful custom built home is located in Madison's prestigious Annandale Estates and situated with both waterfront and golf course views! Built by the current owners in 1995, this 4,150 sqft home features 4 spacious bedrooms and 4 full baths with each bedroom having its own private bath. And in addition to that there are two large bonus rooms and a half bath! Pulling up there is a half circle drive for guests and a nice walkway that leads to the inviting covered front porch. Through the solid hardwood front door the home opens up to a bright airy space with real hardwood floors and an abundance of natural light. The entry quickly leads to the formal dining area that sits adjacent to the large living room. The living area transitions to a large kitchen with breakfast area or keeping room - your choice! The kitchen features all stainless steel appliances including built-in oven and microwave, dishwasher, and refrigerator. The kitchen also feature granite countertops and a lovely island with an additional sink! Around the corner from the kitchen is a built-in desk area with storage, laundry room, powder room, and stairs that lead to the first large bonus room. Across the home is the large primary suite with two walk-in closets and a huge remodeled bathroom that features a zero entry tile shower. At the front of the home is the first guest bedroom with walk-in closet and full bath. Upstairs there are two large bedrooms that both feature their own full bath and large walk-in closets. Across from the two bedrooms is another spacious bonus room perfect for kids or a teenage hangout. Also, off of each bedroom is access to the upstairs screened porch overlooking the backyard. Back downstairs and through the back doors is another large screened porch that connects to the one above with a spiral staircase! Then off of the porch is a nice deck surrounded by the large backyard overlooking the lake and nearby golf course. Just imagine the peaceful afternoons of enjoying this serene setting on a beautiful spring day! This home has a ton of space and has been very well maintained by the owners - it just needs you! Come see what the estate life is all about today!

Last Agent to Sell the Property

Liston Sage

Hopper Properties License #S50099 Listed on: 03/13/2025

Last Buyer's Agent

Tori Heard

BHHS Gateway Real Estate License #B23394

BHHS Gateway Real Estate

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1995

Lot Details

  • 21,780 Sq Ft Lot
  • Waterfront

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Schools

  • Madison Station Elementary School
  • Madison Middle School
  • Madison Central High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Annandale Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081h-34-014/00.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

Year Built

Built in 1995

Lot Details

0.5 Acres

HOA Fees

$79 per month

Parking

2

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 1995
  • Lot Size Acres: 0.5
  • Subdivision Name: Annandale Estates
  • Directions: Annandale Pkwy to Annandale Dr. Turn left on Forest Lake Dr. and home is at the end of the road on the left.
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information:List PriceSqFt: 136.14
  • Covenants And Restrictions: Architectural Review, Homeowner Association, Restrictive Covenants, Committee
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Appliances: See Remarks
  • Bathroom Features: Walk-In Shower
  • Interior Features: Wet Bar
  • Fireplace Features: Gas

Exterior Features

  • Roof: Architectural Shingles
  • WaterfrontFeaturesWaterfront: Yes
  • Pool Private: No
  • Waterfront: Yes
  • General Property Information:Accessibility Features: Yes
  • Exterior ConstructionSiding: Stucco, Brick
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 3.0
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Cooling: Central Air
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Fee: 950.0
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Madison Station
  • High School: Madison Central
  • Middle Or Junior School: Madison
  • Junior High Dist: Madison CO Dist

Lot Info

  • Parcel #: 081h-34-014/00.00
  • Lot Size Sq Ft: 21780.0

Tax Info

  • Tax Annual Amount: 5056.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jun 25, 2025
Sold by
Tarr John A and Tarr Susan S
Bought by
Seller's Agent
Liston Sage
Hopper Properties
Buyer's Agent
Tori Heard
BHHS Gateway Real Estate
List Price
$565,000
Views
107
Current Estimated Value
$581,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$425,600
Outstanding Balance
$421,159
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$160,145
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Covenant Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open Clifford Charles Keith $425,600
Previous Owner Tarr John A $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold -- -- --
05/09/2025 05/09/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $565,000 -- $136 / Sq Ft
Source: MLS United

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $43,396 $0 $0
2024 -- $43,396 $0 $0
2023 $0 $43,396 $0 $0
2022 $3,982 $43,396 $0 $0
2021 $3,982 $41,674 $0 $0
2020 $3,982 $41,674 $0 $0
2019 $3,982 $41,674 $0 $0
2018 $3,982 $41,674 $0 $0
2017 $3,902 $40,982 $0 $0
2016 $4,476 $40,982 $0 $0
2015 $4,476 $40,982 $0 $0
2014 $4,462 $40,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4106635

MLS United

APN: 081H-34-014-00-00

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