Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Commercial Valuation topic
No spam. Unsubscribe anytime.
Attorney disputes commercial‑land valuation for 659 Middlebury Rd LLC
Summary
Counsel for 659 Middlebury Rd LLC said the parcel—largely undeveloped commercial land with a small attached house—was overvalued in the revaluation; commissioners noted most of the value is in commercial land and confirmed zoning.
Attorney George G. Mowad appeared for 659 Middlebury Rd LLC and argued the increase in assessed value was unjustified for primarily undeveloped commercial land with a small residential structure. Commissioners said approximately 60% of the property’s value is commercial land and that the building’s depreciated value was $166,800 (and $278,000 if new), noting that zoning drives the valuation treatment. The appellant said little activity on the parcel has occurred to justify a large increase.
