NOT LISTED FOR SALE

957 Cedar Lake Rd Biloxi, MS 39532

Estimated Value: $5,932,901

-- Bed
1 Bath
25,824 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 06, 2019

Current estimated payment $37,779/month

Highlights

  • Accessibility Features
  • Garage
  • Rectangular Lot
  • North Bay Elementary School Rated A

About This Home

As of June 2019

This commercial property is a limited service, 34,000 SF +/- , 67 room interior corridor hotel. This property features a spacious breakfast area, workout facility, pool, hot-tub, serenity room, business center, meeting rooms, guest laundry area and a beautiful lobby. The rooms are modern and spacious featuring a unit mix consisting of single king, double queen, and single king suites

Last Agent to Sell the Property

Samir Patel

NextHome Real Estate Professionals License #995692971 Listed on: 02/01/2019

NextHome Real Estate Professionals

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $76,991

Lot Details

  • Lot Dimensions are 220x340x340x245
  • Rectangular Lot
  • Zoning described as com

Parking

  • Garage
  • Parking Lot
  • Off-Street Parking

Additional Features

  • 25,824 Sq Ft Home
  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 39531957CedarLakeRD

Property Details

Property Type

Other

Est. Annual Taxes

$76,991

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 220x340x340x245
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Hotel/Motel
  • Year Built Details: 9
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessibility Features
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot, Rectangular Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage, Off Street, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 39531957CedarLakeRD
  • Zoning Description: com
  • Zoning: com
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Jun 6, 2019
Sold by
Prisma Bx Llc
Bought by
Snehdip Llc
Seller's Agent
Samir Patel
NextHome Real Estate Professionals
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$4,400,000
Current Estimated Value
$5,932,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Snehdip Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold -- -- --
05/07/2019 05/07/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $4,400,000 -- $170 / Sq Ft
Source: ROAM MLS

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 $76,991 $695,052 $0 $0
2023 $75,502 $687,824 $0 $0
2022 $75,502 $687,824 $0 $0
2021 $75,393 $686,827 $0 $0
2020 $72,490 $659,661 $0 $0
2019 $74,031 $673,687 $0 $0
2018 $74,031 $673,687 $0 $0
2017 $74,031 $673,687 $0 $0
2015 $68,363 $622,101 $0 $0
2014 -- $670,266 $0 $0
2013 -- $622,101 $72,246 $549,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2208492

APN: 1208P-01-005.008