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TOWN OF NEWTOWN
OFFICE OF THE ASSESSOR
BOARD OF ASSESSMENT APPEALS
MINUTES
MARCH 10, 2009 @ 6:00 PM
45 MAIN STREET
NEWTOWN, CT 06470
PRESENT: CHARLES V. FRAMULARO JR., MARIANNE BROWN, & JOHN GODIN
ALSO PRESENT: CHRIS KELSEY & PENNY TALARINO
1. Toll Brothers
Date: 3/10/09
Property Location/Description being appealed: Watkins Drive, Newtown,
CT, 06470
Reason for Appeal: Assessed value too high for properties.
Board Discussion/Resolution: Denied.
2. E&A / I&G Sandhill Plaza LTD Partnership
Date: 3/10/09
Property Location/Description being appealed: 228 South Main Street, Newtown,
CT, 06470
Reason for Appeal: Excessive assessment value.
Board Discussion/Resolution: Denied. No Show.
3. Aryeh Raffie
Date: 3/10/09
Property Location/Description being appealed: Serene Way & Huntingtown Road,
Newtown, CT, 06470
Reason for Appeal: Assessment values too high.
Board Discussion/Resolution: Denied.
4. Harvey Hubbell Plastics Inc.
Date: 3/10/09
Property Location/Description being appealed: 14 Prospect Drive, Newtown, CT,
06470
Reason for Appeal: Assessment too high based on comps.
Board Discussion/Resolution: Denied.
5. Steven Malary & Terry Ballan
Date: 3/10/09
Property Location/Description being appealed: 25 Gelding Hill Road, Newtown,
CT, 06470
Reason for Appeal: Assessment too high based on current market conditions purchased
the house in the summer of 2008 for $360,000. Also, comparable properties have lower
assessments. In addition, some of the land is unusable due to slope.
Board Discussion/Resolution: Approved. -15% Topography.
2008 Original Property Assessment: $328,060
2008 Revised Property Assessment: $300,640
6. Steven Malary & Terry Ballan
Date: 3/10/09
Property Location/Description being appealed: 34 Winton Farm Road, Sandy Hook,
CT, 06482
Reason for Appeal: Believes house is valued too high based on the purchase price of
$200,000 in 2008. Comparable properties have a lower value and unusable land due to
severe slope.
Board Discussion/Resolution: Approved. -10% vacant & -15% topography.
2008 Original Property Assessment: $208,740
2008 Revised Property Assessment: $156,560
7. D.T. Riccio Productions Inc.
Date: 3/10/09
Property Location/Description being appealed: 71 South Main Street, Newtown, CT,
06470
Reason for Appeal: On assessment date property was over valued relative to similar
properties, both land and building, and insufficient weight was given to vacancy factor
and what it implied for future rental income.
Board Discussion/Resolution: Approved. Change fair market value to $1,648,213.
Compared to Waterfall Plaza Cap Rate.
2008 Original Assessment: $1,274,850
2008 Revised Assessment: $1,153,750
8. Pepper Partners LLC / DeVestern & Company
Date: 3/10/09
Property Location/Description being appealed: 113 Mount Pleasant Rd, Newtown,
CT, 06470
Reason for Appeal: Overvaluation based on the condition of the land. 95% wetlands,
excessive sloping, and needs sewers before it can even be thought of as buildable.
Board Discussion/Resolution: Approved. Change fair market value to $15,000.
2008 Original Property Assessment: $258,220
2008 Revised Property Assessment: $10,500
9. Raymond Costanzo
Date: 3/10/09
Property Location/Description being appealed: 100 Church Hill Road, Sandy Hook,
CT, 06482
Reason for Appeal: Assessed too high.
Board Discussion/Resolution: Denied.
10. Joy Brewster
Date: 3/10/09
Property Location/Description being appealed: 173 Mount Pleasant Road, Newtown, CT, 06470
Reason for Appeal: Assessment is incorrect based on other property.
Board Discussion/Resolution: Approved. Move front acres to rear acres & -10% topography.
2008 Original Property Assessment: $740,540
2008 Revised Property Assessment: $730,670
11. Comfortable Living Partners
Date: 3/10/09
Property Location/Description being appealed: Comfortable Living Partners Personal Property
Reason for Appeal: Assessment too high.
Board Discussion/Resolution: Approved. Change full depreciated value to $550. Than take 70% of that and add 25% penalty.
2008 Original Property Assessment: $4,280
2008 Revised Property Assessment: $550
12. Curtis Beck
Date: 3/10/09
Property Location/Description being appealed: 12 Queen Street, Newtown, CT, 06470
Reason for Appeal: A 48% increase in assessment seems excessive. Also, to make certain the property is correctly classified as residential.
Board Discussion/Resolution: Approved. Change condition of house from average to poor. Change adjustment factor to 1.0 & -5% for traffic.
2008 Original Property Assessment: $349,320
2008 Revised Property Assessment: $204,670
13. Waterfall Plaza LLC
Date: 3/10/09
Property Location/Description being appealed: 259 South Main Street, Newtown, CT, 06470
Reason for Appeal: Property was over valued.
Board Discussion/Resolution: Approved. Change fair market value to $2,697,492. Compared to Ricci’s Shopping Center.
2008 Original Property Assessment: $1,705,960
2008 Revised Property Assessment: $1,888,240
14. Misiti LLC / Michael Porco
Date: 3/10/09
Property Location/Description being appealed: 16 Sugarloaf, Sandy Hook, CT,
06482
Reason for Appeal: Property assessment too high.
Board Discussion/Resolution: Approved. -15% topography. Move 1.47 acres to (8)
Sugarloaf per map #7202.
2008 Original Property Assessment: $196,980
2008 Revised Property Assessment: $158,420
15. Robert Hall
Date: 3/10/09
Property Location/Description being appealed: 8 Huntingtown Road, Newtown, CT,
06470
Reason for Appeal: Land value disproportionately high relative to similar properties on
assessment date (10/1/07).
Board Discussion/Resolution: Approved. Moved front acres to rear acres.
2008 Original Property Assessment: $353,060
2008 Revised Property Assessment: $256,810
16. Nardi Tollkuci
Date: 3/10/09
Property Location/Description being appealed: 55 Queen Street, Newtown, CT, 06470
Reason for Appeal: Assessment is too high based on the condition of the old house and the new house doesn’t have a CO yet.
Board Discussion/Resolution: Denied.
Board of Assessment Appeals adjourned at 10:30 PM.
Mindy Kovack, Clerk
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