What’s the Big Deal: $5.625 million hauls in Aspen condo
Editor’s note:“What’s the Big Deal?” runs Sundays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.
Price: $5.6 million
Date recorded: Oct. 4
Address: 1560 Silverking Drive
Buyer: Exhale Ventures LLC
Seller: Abigail and Frank Jordan
Property type: Duplex condo
Year built: 2010
Total heated area: 5,209 square feet
Property tax bill: $17,700.84
• The building that once housed McDonald’s at 408 S. Mill St. sold for $3.29 million Sept. 26, according to property records. McDonald’s Corp., which bought the building for $750,000 in 1983, sold it to Rubey Park LLC.
Aspen developer Bill Boehringer is the principal behind Rubey Park LLC, according to a recent Aspen Times article that reported he was in negotiations with a tenant that would serve healthy food from the location.
The building is broken up into four units — a 938-square-foot basement, 1,553 square feet on the ground level, and separate units of 1,001 and 602 square feet on the second floor, property records show. The Pitkin County Assessor’s Office’s most recent actual value of the property is $3.68 million.
• The city’s real estate transfer tax collections for both its affordable-housing and the Wheeler Opera House coffers continues to trend downward, based on a report issued last week. The housing tax accounted for collections of $905,000 in September, down from $1.63 million drawn in September 2015. The Wheeler portion drew $485,000, down from $846,276 in September 2015.
The city’s Finance Department issued the report.
• Coldwell Banker Mason Morse Real Estate’s Aspen branch brought home some hardware from the Who’s Who in Luxury Real Estate’s 21st Annual Fall Conference, which was held during the last week of September at the St. Regis.
Among the firm’s recognitions, Coldwell Banker Mason Morse was awarded Best Video Marketing as well as a Significant Sale honor for Justin Addison and Carrie Bryant’s $15 million condominium sale in downtown Aspen. Leading Coldwell Banker Mason Morse broker Brian Hazen was awarded the Lifetime Achievement Award, which is given to a Who’s Who in Luxury Real Estate member who, according to a statement, “sets the example for the global real estate industry and continues to display excellence throughout their career.”