What’s the Big Deal: Snowmass home tops $3.5 million | AspenTimes.com

What’s the Big Deal: Snowmass home tops $3.5 million

Pitkin County Assessor's Office

Editor’s note: “What’s the Big Deal?” is based on the week’s most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.

Price: $3.584 million

Date recorded: Feb. 4

Address: 1191 Wood Road, Snowmass Village

Buyer: Forza Holdings Colorado LLC (Texas)

Seller: East Aspen Three LLC (Arkansas)

Property type: Single-family residential

Year built: 2007

Total heated area: 3,637 square feet

Property tax bill: $12,063.04


Two reports issued last week showed a drop in January property sales volume in Aspen compared with January 2015.

The city of Aspen’s Finance Department reported that its real estate transfer tax collections were down 69 percent for the affordable-housing fund last month, and down 67 percent for the Wheeler Opera House portion.

Also, the city’s collection of $140,258 in Wheeler transfer tax payments was 52 percent lower than the $293,000 budgeted for January. The housing portion reaped $253,985, 53 percent below the budget of $546,000, the report shows.

Additionally, property broker Chris Klug’s newsletter noted that Aspen had $24.29 million in total sales volume last month, compared with $91.535 million in January 2015.

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