The total value of taxable property in New Canaan—including homes, commercial properties and motor vehicles—increased by about $27.6 million from 2018 to 2019, according to data from the assessor.
Given a mill rate of 18.029, the year-over-year increase in funds for the town from the taxable property would come to about $498,000. The Grand List’s $7.7 billion total reflects upticks in the total value of taxable real estate and personal property and motor vehicles. Here’s a table that details year-over-year growth:
2019 Grand List, Year-Over-Year*
|Type||2018 Grand List||2019 Grand List*||Assessment +/-|
*net after Board of Assessment Appeals
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, 2019
|1. Town Close Associates Ltd Partner||106 Lakeview Ave.||$26,020,890|
|2. Country Club of New Canaan||95 Country Club Road||$20,582,170|
|3. New Canaan Lumber Co.||Elm, Grove & Pine Streets||$17,491,880|
|4. Philip J. Toohey, trustee||Canoe Hill, Parade Hill, Silvermine and Wahackme Roads, and Thrush Lane||$13,795,390|
|5. Edward Simon, trustee||82 Brookwood Lane||$13,454,140|
|6. Kathleen O. Tropin||260 West Road||$12,502,840|
|7. De Lom Partners LLC||104 Dan's Highway||$11,892,020|
|8. M2 Partners LLC||162 Park St.||$11,078,340|
|9. 721 North Wilton Road LLC||721 North Wilton Road||$9,046,730|
|10. Hatfield Mews T H O Corp.||330 Elm St.||$8,764,350|
The real estate portion of the 2019 Grand List declined by about $30 million after the Board of Assessment Appeals made its decisions following hearings in March.