DocketNumber: Nos. 76665, 75563
Citation Numbers: 1997 Conn. Super. Ct. 9-B
Judges: SPALLONE, STATE TRIAL REFEREE.
Filed Date: 1/30/1997
Status: Non-Precedential
Modified Date: 4/18/2021
On July 5, 1995, the defendant filed a certificate of compensation with the Superior Court at Middletown for the partial taking of real property owned by the plaintiff. On the same date the defendant deposited with said court the sum of $20,000.00, being the compensation determined by the condemner as the sum to be paid to the persons entitled thereto for such real property. Such real property is sited in the Town of East Haddam and is more particularly described in the Statement of Compensation.
The plaintiff has disputed the amount of compensation and the parties being at issue, the matter was tried to the court.
After a full trial, the parties present and represented by counsel, the court, based upon a preponderance of the credible, relevant, reliable and legally admissible evidence, finds, rules and determines as follows: CT Page 9-D
The plaintiff is the owner of the subject premises and is aggrieved by the statement of compensation.
The appraisers, and the appraisals introduced by the parties, agree, and the court so finds, the highest and best use of the property is its present use as an airfield and marina.
The plaintiff's expert, Peter R. Marsele, a qualified appraiser, concluded that the value of the property before the taking was $1,889,000 and the value after the taking was $1,316,500, resulting in damages of $572,500.
The defendant's expert, Stephen P. Smith, also a qualified appraiser, concluded that the market value of the property before! the taking was $550,000 + $X and after the taking the market value was $530,000 + $X ($X represents the value contribution of structural and site improvements, which Mr. Smith found to be unchanged before and after the taking) resulting in damages of $20,000.
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. Commission of Transportation,
Guided by the aforesaid applicable law, the court finds that the fair market value of the premises, land and improvements, before the taking to be $1,100,000 and after the taking to be CT Page 9-F $1,050,000, resulting in damages of $50,000.
Accordingly, judgment may enter for the plaintiff, Goodspeed Airport to recover of the defendant, Town of East Haddam, the sum of $50,000 plus appraisal fee in the amount of $3,500 plus costs of suit.
SPALLONE STATE TRIAL REFEREE
Northeastern Gas Transmission Co. v. Ehrhorn , 145 Conn. 83 ( 1958 )
Moss v. New Haven Redevelopment Agency , 146 Conn. 421 ( 1959 )
E & F REALTY CO. v. Commissioner of Transportation , 173 Conn. 247 ( 1977 )
Tandet v. Urban Redevelopment Commission , 179 Conn. 293 ( 1979 )
Birnbaum v. Ives , 163 Conn. 12 ( 1972 )
Richard v. A. Waldman & Sons, Inc. , 155 Conn. 343 ( 1967 )
Pandolphe's Auto Parts, Inc. v. Town of Manchester , 181 Conn. 217 ( 1980 )