NOT LISTED FOR SALE
2 Beds
-- Bath
1,189 Sq Ft
7.03 Acres

About This Home

Take a self-guided tour today or connect with us for a virtual tour. Come see the stunning new apartments in our expansion. Housed in the expansive Melrose Movie Theater Complex of the 40's, The Melrose blends modern elegance with a historic setting. Tour our luxury apartments, featuring 12-foot ceilings, granite countertops, and wood plank flooring. Enjoy live music and great food of The Sutler, breakfast or lunch at Fenwick's, and Lunatic Fringe salon. Let's not forget the destination restaurant Sinema, where you can take a celebrity-style #sinemaselfie.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2012
Sold by
Melrose Biloxi Partners Llc
Bought by
The Melrose Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Scene 3 Inc
Bought by
Melrose Biloxi Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,370,000
Interest Rate
6.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Melrose Partners Llc -- None Available
The Melrose Partners Llc $4,700,000 None Available
Melrose Biloxi Partners Llc $4,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melrose Ii Tic Llc $32,400,000
Open Melrose Apartments Llc $56,600,000
Closed Melrose Apartments Llc $47,100,000
Closed The Melrose Partners Llc $3,500,000
Previous Owner Melrose Biloxi Partnership Llc $150,000
Previous Owner Melrose Biloxi Partners Llc $10,370,000
Previous Owner Scene Three Inc $122,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Off Market -- -- --
12/07/2024 12/07/24 For Rent -- -- --
06/21/2023 06/21/23 For Rent -- -- --
06/14/2023 06/14/23 For Rent -- -- --
06/07/2022 06/07/22 For Rent -- -- --
05/18/2022 05/18/22 For Rent -- -- --

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $606,218 $20,746,680 $6,369,520 $14,377,160
2023 $824,362 $28,212,240 $6,369,520 $21,842,720
2022 $824,362 $28,212,240 $6,369,520 $21,842,720
2021 $833,107 $28,212,240 $6,369,520 $21,842,720
2020 $830,390 $21,921,600 $5,144,600 $16,777,000
2019 $603,940 $21,921,600 $5,144,600 $16,777,000
2018 $603,940 $21,921,600 $5,144,600 $16,777,000
2017 $603,940 $21,921,600 $5,144,600 $16,777,000
2016 $591,386 $15,071,000 $2,449,800 $12,621,200
2015 $548,975 $10,747,720 $2,449,800 $8,297,920
2014 $166,125 $2,427,320 $836,360 $1,590,960
Source: Public Records

Map