NOT LISTED FOR SALE

7061 Birdview Ave Malibu, CA 90265

Estimated Value: $4,926,000 - $45,716,692

6 Beds
9 Baths
9,130 Sq Ft
$2,773/Sq Ft Est. Value

Last Sold September 13, 2016

Last sale price $27,250,000 $2,985 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $180,307/month

64 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Wine Cellar
  • Malibu Elementary School Rated A
  • Tennis Courts
  • Projection Room

About This Home

As of September 2016

Stately 2-story blufftop estate w/panoramic ocean views. Located on Point Dume, this 6 bdrm/9 ba home, w/2-story GH, has stone, marble & wood flrs, custom ceilings & handcrafted iron/wood detailing. Private/gated, the main house w/ocean views from nearly every rm, offers a 1st floor 2-story entry that flows into a sun-filled sitting rm, formal dining & living rm w/fireplc; gourmet island kitchen w/eating area that's open to family rm w/fireplace; a study/office w/fireplc & bath; & large en-suite bdrm & custom wine rm. A grand staircase leads to the 2nd floor large & luxurious owner's suite w/fireplc, kitchenette sitting rm, 2-spa-like baths, vast closet & triple French doors leading to a sweeping ocean view deck; projection media/family rm w/kitchenette bar; plus 3 additional en-suite bdrms. The 1.2 resort-style acres w/custom fountains, offers multiple-level dining/sitting areas, pool/spa, fire pit, BBQ island, cabana/bar w/full bath & tennis court. 3-car garage w/ample guest parking.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 05/16/2016

Compass

Last Buyer's Agent

Brett Lawyer

Carolwood Estates License #00897489

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 1.2 Acre Lot
  • Glass Fence
  • Wrought Iron Fence
  • Bluff on Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard
  • Property is zoned LCR220000*

Property Views

  • White Water Ocean
  • Panoramic
  • Pool

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 9,130 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Gas Fireplace
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 8 Fireplaces
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Projection Room
  • Home Office
  • Bonus Room
  • Indoor Spa
  • Sauna

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Granite Bathroom Countertops
  • Double Vanity
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Double Shower
  • Shower Only
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Automatic Gate
  • Guest Parking
  • RV Access or Parking

Pool

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

Outdoor Features

  • Oceanside
  • Tennis Courts
  • Basketball Court
  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Gas Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4468-016-006

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 9130
  • Stories: 2
  • Year Built: 1995
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Built-Ins, Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Crown Moldings, Detached/No Common Walls, High Ceilings (9 Feet+), Home Automation System, Hot Tub, Living Room Deck Attached, Two Story Ceilings
  • Fireplace Rooms: Bath, Family Room, Fire Pit, Gas, Guest House, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Marble, Stone, Tile
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Gas Grill, Oven-Gas, Range, Range Hood, Warmer Oven Drawer
  • Bedrooms: 6
  • Fireplaces: 8
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Dressing Area, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Bidet, Double Shower, Double Vanity(s), Granite, Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Tile, Tub With Jets
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Kitchenette, Open to Family Room, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3175.79

Exterior Features

  • Other Features: Balcony, Barbecue Private, French Doors, High Ceilings (9 Feet+), Sauna Private
  • Other Structures: Cabana, GuestHouse
  • Tennis Court: Basketball, North/South, Private
  • Tennis Court Y/N: Yes
  • Fence: Glass/Plexiglass, Wrought Iron
  • Guest House: Detached
  • Patio: Balcony, Covered, Patio Open
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Bath Tub, Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Ocean, Panoramic, Pool, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Auto Driveway Gate, Garage - 3 Car, Garage Is Attached, Parking for Guests - Onsite, Private, RV Access

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Owned, Prewired for alarm system, Smoke Detector, T.V.
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Front, Rear, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4468-016-006
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Bluff Front, Landscaped, Lawn, Street Paved
  • Lot Location: Bluff Front, Ocean Side Of Highway 1
  • Lot Size Area: 52057

Multi Family

  • Number Of Units: 1

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Birdview Property Llc
Bought by
Longwood Properties 54 Llc
Current Estimated Value
$25,321,346

Purchase Details

Listed on
May 16, 2016
Closed on
Sep 1, 2016
Sold by
7061 Birdview Llc
Bought by
Birdview Property Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Brett Lawyer
Carolwood Estates
List Price
$28,995,000
Sold Price
$27,250,000
Premium/Discount to List
-$1,745,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
Sep 10, 2014
Sold by
Panzer Kenneth M
Bought by
7061 Birdview Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,925,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Panzer Kenneth
Bought by
Panzer Kenneth M and The Kmp Trust

Purchase Details

Closed on
Dec 7, 2005
Sold by
Panzer Kenneth and Panzer Theresa
Bought by
Panzer Kenneth

Purchase Details

Closed on
Aug 22, 2001
Sold by
Vonsummer Elizabeth and Moller John
Bought by
Panzer Kenneth

Purchase Details

Closed on
Apr 30, 1999
Sold by
Romina Limited
Bought by
Vonsummer Elizabeth

Purchase Details

Closed on
Apr 22, 1999
Sold by
Garson Moses L
Bought by
Romina International Ltd

Purchase Details

Closed on
Jan 13, 1999
Sold by
Garson Linda
Bought by
Garson Moses L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.63%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Romina International Ltd
Bought by
Romina International Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.23%

Purchase Details

Closed on
Apr 20, 1994
Sold by
Sweet Albert
Bought by
Romina Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Longwood Properties 54 Llc $49,089,500 Fidelity National Title
Birdview Property Llc $27,250,000 None Available
7061 Birdview Llc -- Chicago Title Company
Panzer Kenneth M -- None Available
Panzer Kenneth -- --
Panzer Kenneth -- Equity Title
Vonsummer Elizabeth -- First American Title Co
Romina International Ltd -- First American Title Co
Garson Moses L -- First American Title
Romina International Ltd -- Lawyers Title Company
Romina Ltd $1,500,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7061 Birdview Llc $11,925,000
Previous Owner Garson Moses L $2,500,000
Previous Owner Romina International Ltd $600,000
Previous Owner Romina Ltd $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2016 09/13/16 Sold $27,250,000 -6.0% $2,985 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $28,995,000 -- $3,176 / 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 $585,825 $52,094,169 $48,815,568 $3,278,601
2024 $585,825 $51,072,715 $47,858,400 $3,214,315
2023 $575,284 $50,071,290 $46,920,000 $3,151,290
2022 $346,021 $29,801,856 $27,341,153 $2,460,703
2021 $338,032 $29,217,506 $26,805,052 $2,412,454
2019 $331,520 $28,350,900 $26,010,000 $2,340,900
2018 $314,670 $27,795,000 $25,500,000 $2,295,000
2016 $305,670 $26,904,125 $24,873,625 $2,030,500
2015 $301,570 $26,500,000 $24,500,000 $2,000,000
2014 $96,313 $8,375,559 $6,567,888 $1,807,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-125214

The MLS

APN: 4468-016-006