DocketNumber: No. CV94-72013 S
Citation Numbers: 1995 Conn. Super. Ct. 5896
Judges: O'CONNELL, J.
Filed Date: 5/24/1995
Status: Non-Precedential
Modified Date: 4/17/2021
After a full hearing, the parties present, based upon a preponderance of the credible, relevant and legally admissible evidence, the court finds, determines and rules as follows:
On or about October 1, 1990, the Town of Clinton pursuant to General Statute §
As of the Grand List of October 1, 1990 and subsequent Grand Lists of thereto namely October 1, 1991, October 1, 1992, October 1, 1993 and October 1, 1994, the defendants assessor increased the Fair Market Value of said real estate to $239,000.00, including land and buildings which valuation is still in affect.
The plaintiff appealed to the Board of Tax Review for the assessment beginning with the year October 1, 1993. Said board by decision denied said appeal and this appeal followed.
At trial, the plaintiff's expert appraiser, Philip W. Ball, utilizing the comparable sales approach rendered an opinion that the Fair Market Value of the property at 147 East Main Street, Clinton, Connecticut on October 1, 1990 was $173,000.00.
The defendant's expert appraiser, John J. Valente, based upon comparable sales testified that he found the Fair Market Value of 147 East Main Street, Clinton to be $239,000.00, land and improvements.
In valuating property, the trial court is charged with the duty of making an independent valuation of the property involved.E F Realty Co. v. Commissioner of Transportation,
Applying the aforesaid law to the facts and circumstances of this case, the court finds that as of October 1, 1990, the Fair Market Value of the plaintiff's property, subject to this appeal is $173,000.00.
Therefore, it is adjudged that the true and actual value of CT Page 5898 the plaintiff's property on October 1, 1990 and the assessment based on the Assessor's determination that all property in the Town shall be liable for taxation at 70% of its true and actual value on said assessment date is as follows: $121,100.00 and it is ordered that the Board of Tax Review correct the assessment against the plaintiff on the Grand Lists of October 1, 1993, October 1, 1994 and if necessary, to refund and excess taxes paid.
Accordingly judgment may enter for the plaintiff sustaining their appeal. Plaintiff is awarded cost.
O'CONNELL, J.
Judgment to enter in accordance with Foregoing Memorandum of Decision. Jonathan Field, Deputy Chief Clerk