What’s the Big Deal: Emma land fetches $8.5 million | AspenTimes.com
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What’s the Big Deal: Emma land fetches $8.5 million

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: $8.52 million

Buyer: EAT-1706 LLC

Seller: Tom and Vivian Waldeck (15 percent), Steven Waldeck (77 percent) and Stone Family Trust (8 percent)

Address: Lots 1, 2 and 7 and open space parcels A and B, Emma Road, Basalt

Date recorded: June 9

Subdivision: Emma Farms

Property type: Agriculture, open space

Land: 30.5 acres

Note: Property is located in both Eagle and Pitkin counties

BUZZWORTHY

The city of Aspen’s real estate transfer tax collections for May showed a 197 percent improvement for its affordable-housing fund and a bump of 185 percent for the Wheeler Opera House’s coffers.

In its monthly tax report issued last week, the city also reported that the transfer taxes are “tracking roughly 81 percent ahead of 2016 figures to date.”

The housing portion of the tax reeled in $3.7 million from January through May, while the Wheeler portion has $1.9 million.


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