Lawsuit: Owner of Laurel Road Properties Appeals Assessments

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The China-based owner of two contiguous Laurel Road parcels last week appealed the town’s decision to uphold its assessment of the properties.

Completed during October’s revaluation, the assessments of 360 and 364 Laurel Road are “grossly excessive, disproportionate and unlawful,” according to a lawsuit filed May 14 in state Superior Court by attorney Aldo Pascarella of the Greenwich-based Pascarella Law Firm PC. 

The Town Clerk received the complaints May 10.

According to tax records, 360 Laurel Road is a two-acre property that includes a 2004-built Colonial. It was assessed at about $1.8 million. And 364 Laurel Road is a 4.43-acre property that includes a 1942-built, 9,000-square-foot home. That property was assessed at nearly $3.9 million. 

Both are located in the two-acre zone.

The properties at 360 and 364 Laurel Road both were purchased in November 2014 by a limited liability company whose principal, according to Connecticut Secretary of the State records, is Neo Que Yau of Hong Kong.

The property owner filed appeals of the assessments on Feb. 14 and on March 22 was notified by the Board of Assessment Appeals that those valuations would not change.

“The assessment by the Board of Assessment Appeals continues to not reflect a tax assessment that is based upon the true market value of the property on Oct. 1,” the suit for 364 Laurel Road said.

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