NOT LISTED FOR SALE

227 Fowling St Playa Del Rey, CA 90293

Estimated Value: $3,935,769

4 Beds
4.5 Baths
4,220 Sq Ft
$933/Sq Ft Est. Value

Last Sold August 19, 2021

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

Est. 12% increase in value since last sale

Current estimated payment $25,445/month

Highlights

  • Ocean View
  • Lake Front
  • Gourmet Kitchen
  • Kentwood Elementary Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of May 2023

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.**

Last Agent to Rent the Property

Max Golestan-Parast

Exclusive Realty Inc License #01073727 Listed on: 01/09/2023

Exclusive Realty Inc

Last Renter's Agent

Max Golestan-Parast

Exclusive Realty Inc License #01073727 Listed on: 01/09/2023

Exclusive Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,498

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 5,522 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Sprinklers on Timer
  • Hillside Location
  • Back and Front Yard
  • Property is zoned LAR1

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Lake
  • City Lights
  • Canal
  • Hills

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Additions or Alterations
  • Slab Foundation
  • Concrete Roof
  • Copper Plumbing

Interior Spaces

  • 4,220 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Drapes & Rods
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Brick Driveway
  • Automatic Gate

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection, pool service
  • 12 Month Lease Term
  • Assessor Parcel Number 4116-013-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,498

Year Built

Built in 1993 | Remodeled

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Security Deposit: 15000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection, Pool Service

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Three Or More, Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Exclusions: Lowest level of the home is owner utilized with a private and separate entrance/exit that may be rented for an additional fee.
  • Lease Terms: 1-Year
  • Living Area: 4220
  • Lot Acreage: 0.1268
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Stories: 4
  • Year Built: 1993
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Furnished, Bar, Storage Space, Hot Tub, Wet Bar, Two Story Ceilings
  • Fireplace Rooms: Living Room, Master Bedroom, Fire Pit, Gas
  • Flooring: Hardwood, Ceramic Tile
  • Appliances: Cooktop - Gas, Built-In Gas, Microwave, Range Hood, Oven
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm, Dining Area
  • Kitchen Features: Granite Counters, Gourmet Kitchen, Island, Pantry, Remodeled
  • Laundry: Inside, Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dryer, Refrigerator, Range/Oven, Washer, Bar Ice Maker, Barbeque, Built-Ins, Cable, Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Ice Maker, Water Line to Refrigerator, Vented Exhaust Fan, Microwave, Phone System, Hood Fan, Freezer, Satellite
  • Price Per S Q F T: 3.50
  • Windows: Skylights, Screens, Vertical Blinds, Drapes/Curtains, Double Pane Windows, Window Blinds

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Features: Balcony, Barbecue Private, Double Door Entry, High Ceilings (9 Feet+), Custom Built, Sliding Glass Doors, Rain Gutters, Sprinkler System, Full Copper Plumbing
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Privacy
  • Patio: Balcony, Deck(s), Patio Open, Tile
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Roof: Concrete, Tile
  • Spa: Hot Tub, Heated, In Ground
  • Spa Yn: Yes
  • View: Coastline, City Lights, Ocean, City, Harbor, Hills, Canal, Lake, Marina, Water
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway, Driveway - Brick
  • Total Parking: 2

Utilities

  • TV Svcs: Tv Satellite Dish
  • Water Heater: Water Heater Unit, Gas
  • Cooling: Air Conditioning, Central, Ceiling Fan, Electric
  • Heating: Central, Forced Air
  • Security: Exterior Security Lights, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Automatic Gate, Gated, Smoke Detector, T.V.
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Mgmt Co Phone: 3107226464|
  • Mgmt Co 2 Phone: 3107226464|

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4116-013-007
  • Lot Description: Automatic Gate, Back Yard, Front Yard, Fenced Yard, Exterior Security Lights, Landscaped, Gutters, Street Asphalt, Storm Drains, Single Lot, Sidewalks, Street Lighting
  • Lot Location: Hillside
  • Lot Size Area: 5522

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
$3,935,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,769
Avg. Annual Appreciation
3.85%
Original Mortgage
$2,467,500
Outstanding Balance
$2,253,383
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,842,577

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
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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
Source: The 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
2025 $44,498 $3,740,756 $2,620,652 $1,120,104
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

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-230983

The MLS

APN: 4116-013-007