Grand List Increases by $50.7 Million; Top-10 Taxpayer Accounts

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The total value of taxable property in New Canaan—including homes, commercial properties and motor vehicles—increased by $50.7 million from 2016 to 2017, according to preliminary figures.

Given a mill rate of about 17, the year-over-year increase in funds for the town from the taxable property would come to about $861,000. The figure is nearly $500,000 less than it has been in recent years.

The Grand List’s $8.3 billion total reflects upticks in the total value of taxable real estate and personal property and a slight decline in motor vehicles. Here’s a table that details year-over-year growth:

2017 Grand List, Year-Over-Year*

Type2016 Grand List2017 Grand ListAssessment +/-
Total Increase$50,658,140
Motor Vehicle$269,624,610$268,954,550($670,060)
Personal Property$74,141,930$77,301,440$3,169,510
Real Estate$7,954,414,112$8,002,582,802$48,168,690
Source: New Canaan Assessor's Office
*These numbers are not final until the Grand List is balanced and signed.

 

The Grand List measures the total value of taxable property on Oct. 1 of each calendar year.

Here’s a table showing the gross top-10 taxpayer accounts in New Canaan for real estate—click on each address for more assessor information:

Top-10 Taxpayer Accounts—New Canaan Grand List, 2017*

Real Estate  
OwnerAddressAssessment
1. Country Club of New Canaan95 Country Club Road$28,490,770
2. Town Close Associates Ltd Partner106 Lakeview Ave.$25,316,200
3. New Canaan Lumber Co.Elm, Grove & Pine Streets$16,453,220
4. Kathleen O. Tropin260 West Road$15,760,850
5. Edward Simon, trustee82 Brookwood Lane$12,367,950
6. De Lom Partners LLC104 Dan's Highway$11,882,010
7. Ann Marie Wilkins, trustee1151 Oenoke Ridge & 671 West Road$10,627,050
8. 721 North Wilton Road LLC721 North Wilton Road$10,183,810
9. J.R. Silverberg Realty LLCElm and Main Streets$10,178,000
10. Hatfield Mews T H O Corp.330 Elm St.$9,574,040
Source: Office of the Assessor
*Figures are not official until the Grand List is balanced and signed

One thought on “Grand List Increases by $50.7 Million; Top-10 Taxpayer Accounts

  1. Looking at maybe -$1.6+ billion less in the grand list next yr at this time -27 million from property tax collected — what will the mill rate be ?? And who will get hit the hardest — going to be an interesting yr
    stay tuned

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