What’s the Big Deal: Red Mountain home reels in $9.4 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.
Date recorded: March 10
Address: 649 Hunter Creek Road, Red Mountain
Buyer: 649 Hunter Creek LLC
Property type: Single-family residential
Year built: 2002
Total heated area: 9,013 square feet
Land: 38,349 square feet
Features: Five bedrooms, six baths, fitness/yoga room
Property tax bill: $26,871.56
Original list price: $16 million
Broker: Brittanie Rockhill of Shane Aspen Real Estate represented the buyer and seller
• The city of Aspen’s real estate transfer tax collections in January and February are trending well below the same two months in 2015. That’s according to a report released last week by the Finance Department, which shows the city collected $253,985 in transfer taxes in January compared with $807,775 in January 2015. February showed an improvement with $351,720 in collections, but well below the $1 million the city collected in February 2015. The city had budget projections of $546,000 for both January and February.
• Former Aspen High School student Merritt Moses, who is now a broker at Keller Williams International in Miami, recently visited Aspen after 13 years away from her hometown. Moses attended USC and post-graduate school in Madrid from 2008 to 2011 before working brief stints at for Edelman Public Relations in Houston and Newlink Communications in Miami.
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Current Basalt officials say the town government has violated the Colorado Taxpayers’ Bill of Right by increasing the property tax mill levy over the prior years 10 times since the mid-2000s. Two former mayors contend the mill levy could be adjusted in any given year as long as it didn’t exceed the mill levy in 1994. It’s a $2 million question.