NOT LISTED FOR SALE

227 Fowling St Playa Del Rey, CA 90293

Estimated Value: $3,845,220 - $4,509,000

4 Beds
5 Baths
4,220 Sq Ft
$991/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $3,525,000 $835 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $25,909/month

About This Home

As of August 2021

Fully furnished Home, can be rented as a VACATION SHORT TERM or long term. for shorter term monthly cost will be higher. The property is located in a affluent neighborhood with Spectacular ocean, Marina & city light views from this dramatic custom home on Playa del Rey's hill most desirable northwest bluff. Soaring ceilings, vast light-filled spaces & breathtaking water views overlooking Silicon Beach, Santa Monica Pier and hills & beyond make this a very special destination. Dramatic double doors lead to the main level great rooms w/ marble fireplace, hardwood floors, wet-bar & sweeping whitewater views up the coast from Marina Del Rey peninsula to Malibu and mountain view all the way to Hollywood Hills. Gourmet kitchen w/ center island, Sub Zero & Thermador appliances, walk-in pantry, breakfast area & gracious formal dining room w/ space for a crowd. Enormous ocean view master suite w/ sitting area, fireplace, view balcony, walk-in closets & elegant bath and shower with ocean views. Top floor boasts a giant rooftop deck to survey the waves on Silicon Beach, Culver Village cafes & the thrilling expanse of the entire LA basin & hills beyond. It also has another master suite and separate bar area with a large countertop, sink and small refrigerator. Multiple patios and balconies, outdoor dinning area w/ gas grill & fire pit, outdoor pool and jacuzzi. A most impressive custom home with marina & ocean views. Amazing, home with all amenities, Two driveway parking spaces in gated driveway. Will consider short-term rental, month to month at a higher rental rate and fees. ***The lowest level, which may be rented separately and/or concurrently, is utilized by owner and has a private entrance.**

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Aug 5, 2021
Sold by
Glennie Smith Nicholas H
Bought by
Golestan Parast Max
Seller's Agent
Alice Plato
Coldwell Banker Realty
Buyer's Agent
Alice Plato
Coldwell Banker Realty
List Price
$3,595,000
Sold Price
$3,525,000
Premium/Discount to List
-$70,000
-1.95%
Current Estimated Value
$4,183,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,305
Avg. Annual Appreciation
4.63%
Original Mortgage
$2,467,500
Outstanding Balance
$2,267,788
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,915,517

Purchase Details

Closed on
Dec 3, 2009
Sold by
Miora Michael and Miora Deborah S
Bought by
Glennie Smith Nicholas H and Nicholas H Glennie Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,558,900
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Miora Michael and Miora Deborah S
Bought by
Miora Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 9, 2000
Sold by
Trust Lopansri Sumala Tr Sumala Lopansri
Bought by
Miora Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.82%
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
Golestan Parast Max $3,525,000 Fidelity National Title
Glennie Smith Nicholas H $2,227,000 Lawyers Title
Miora Michael -- --
Miora Michael $1,765,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golestan Parast Max $2,467,500
Previous Owner Glennie Smith Nichoias H $1,520,000
Previous Owner Glennie Smith Nicholas H $1,520,000
Previous Owner Glennie Smith Nicholas H $1,558,900
Previous Owner Miora Michael $750,000
Previous Owner Miora Michael $250,000
Previous Owner Miora Michael $0
Previous Owner Miora Michael $992,000
Previous Owner Miora Michael $150,000
Previous Owner Miora Michael $1,000,000
Previous Owner Miora Michael $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Rented $14,750 0.0% --
01/09/2023 01/09/23 For Rent $14,750 0.0% --
08/19/2021 08/19/21 Sold $3,525,000 -1.9% $612 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $3,595,000 0.0% $624 / Sq Ft
06/22/2021 06/22/21 For Sale $3,595,000 -1.5% $624 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/13/2021 05/13/21 Price Changed $3,650,000 -3.8% $633 / Sq Ft
04/25/2021 04/25/21 Price Changed $3,795,000 -2.6% $659 / Sq Ft
04/06/2021 04/06/21 For Sale $3,895,000 -- $676 / Sq Ft

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 $44,498 $3,667,409 $2,569,267 $1,098,142
2023 $43,628 $3,595,500 $2,518,890 $1,076,610
2022 $41,584 $3,525,000 $2,469,500 $1,055,500
2021 $31,590 $2,655,739 $1,788,780 $866,959
2020 $31,918 $2,628,509 $1,770,439 $858,070
2019 $30,636 $2,576,971 $1,735,725 $841,246
2018 $30,521 $2,526,443 $1,701,692 $824,751
2016 $29,177 $2,428,340 $1,635,614 $792,726
2015 $28,746 $2,391,865 $1,611,046 $780,819
2014 $28,824 $2,345,012 $1,579,488 $765,524
Source: Public Records

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