The total value of taxable property in New Canaan—including homes, commercial properties and motor vehicles—increased by about $43 million from 2019 to 2020, according to preliminary figures.
Given a mill rate of 18.164, the year-over-year increase in funds for the town from the taxable property would come to about $782,865. The Grand List’s $7.8 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:
2020 Grand List, Year-Over-Year*
|Type||2019 Grand List*||2020 Grand List**||Assessment +/-|
*Signed and balanced 2019 Grand List figures.
**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, 2020
|1. M2 Partners LLC||162 Park St.||$37,913,540|
|2. Town Close Associates Ltd Partner||106 Lakeview Ave.||$26,020,890|
|3. Country Club of New Canaan||95 Country Club Road||$20,582,170|
|4. New Canaan Lumber Co.||208 and 212 Elm St.; nos. 45, 59 and vacant land on Grove Street; and 75 Pine St.||$17,491,880|
|5. CH Vitti Street Associates LLC||72 East Ave. and 23 Vitti St.||$12,300,190|
|6. De Lom Partners LLC||104 Dan's Highway||$11,892,020|
|7. Philip J. Toohey, trustee||81 and 89 Canoe Hill Road; 90 Parade Hill Lane; 575 Silvermine Road; 70 Thrush Lane; and 388 Wahackme Road||$11,175,430|
|8. Kenneth G. Tropin, trustee||260 West Road||$10,500,000|
|9. Edward Simon, trustee||82 Brookwood Lane||$10,150,000|
|10. 721 North Wilton Road LLC||721 North Wilton Road||$9,046,730|
*Figures are not official until the Grand List is balanced and signed