DocketNumber: No. CV94-00468295
Citation Numbers: 1995 Conn. Super. Ct. 13453
Judges: MANCINI, STATE TRIAL REFEREE.
Filed Date: 12/5/1995
Status: Non-Precedential
Modified Date: 7/5/2016
This is a commercial building with four units, including one for storage space and one utilized by the owner. The condition of the property appears to be fair to poor. On this appraisal, the critique offered by the defendant's appraiser indicates he used a cost method. However, in each and every case including this one, he failed to submit a written report and relied upon a critique of the plaintiff's appraisal, which was submitted into evidence.
Upon the testimony of the defendant's appraiser he indicated in his testimony that he considered the gross assessment value to be $133,500. The testimony received my the court indicated much structural damage existed and many repairs were needed to elevate the condition of the commercial building.
The court reduces the $142,000 gross assessment value to $130,000, and thereby reduces the seventy percent valuation from $99,400 to $91,000. Therefore, judgement is for the plaintiff for a tax rebate based on a gross assessment value reduction of $12,000 and a seventy percent value reduction of $8,400. Costs and interest of said rebate shall be reduced from future tax bills in accordance with state statute. Said reduction will be from the date of assessment.
Philip E. Mancini, Jr. State Trial Referee