DocketNumber: No. CV-90-0045089S
Citation Numbers: 1992 Conn. Super. Ct. 5244
Judges: DUNN, J.
Filed Date: 6/9/1992
Status: Non-Precedential
Modified Date: 7/5/2016
The town assessor on October 1, 1989 valued the property as follows:
Land $333,500.00 Improvements $227,900.00 Total $561,400.00
The assessor determined that all property should be liable for taxation at seventy percent (70%) of its actual value on the assessment resulting in the following assessment:
Land $233,450.00 CT Page 5245 Improvements $159,530.00 Total $392,980.00
The plaintiffs duly appealed to the Board of Tax Review claiming to be aggrieved and the Board reduced the property's true value as follows:
Land $233,450.00 Improvements $150,354.00 Total $383,804.00
The plaintiffs remained unsatisfied and have brought this action.
The plaintiff must establish by a fair preponderance of the evidence, that the property was overvalued for assessment purposes in order to prevail. Xerox Corporation v. Board of Tax Review of the City of Hartford,
The plaintiffs have failed to meet their burden. The plaintiffs' appraiser had a hard time securing comparable sales figures for similarly situated property in the Town of Union. The only sale of a parcel of land in the Town of Union supported the Town's position. The Town's formula was reasonable and equitable and not rebutted by the plaintiffs. It was more than adequately discounted and this court agrees with the Town's appraisal and finds the subject property has a fair market value of $383,804.00, on October 1, 1989.
Accordingly, the appeal is dismissed.
HON. PHILIP DUNN SUPERIOR COURT JUDGE