McInvale v. City of Middletown, No. Cv99-0090799 (Jul. 21, 2000)
This text of 2000 Conn. Super. Ct. 8637 (McInvale v. City of Middletown, No. Cv99-0090799 (Jul. 21, 2000)) is published on Counsel Stack Legal Research, covering Connecticut Superior Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
After a full hearing, all parties present and/or represented by counsel, the court, based upon the preponderance of the credible, relevant, reliable and legally admissible evidence and the logical, rational and lawful inferences to be drawn therefrom, finds, determines and rules as follows:
The plaintiff, Christopher McInvale, the record owner who is aggrieved by the taking, is applying for a review of the statement of compensation in the amount of $9,000.00, filed by the defendant, City of Middletown, in regard to the taking of the premises as is more fully described in the appeal and application for review.
The court finds that the highest and best use of the premises subject to this appeal is a two family residence.
The plaintiff's expert, James B. Blair, utilizing the direct sales comparison approach opined that the fair market value, on the date of the taking, July 7, 1999, of the subject premises was $45,000 as a 6 family home or $40,000 as a two family home.
The defendants expert, Roger S. Palmer, utilizing the sales comparison approach, determined the value of the premises, on the date of the taking to be $9,000. CT Page 8638
Further, the exhibits, admitted at trial, showed that the assessed value of the premises, land and improvements, for tax purposes, was $36,200.00, which assessment indicated a fair market value of $51,720.00 as of the grand list on October 1, 1998.
In valuating property, the trial court is charged with the duty of making an independent valuation of the property involved. E F Realtyv. Commission of Transportation,
Guided by the principals of law enunciated above, and applying them to the facts and circumstances in this case, the court finds the value of the premises subject to this condemnation action to be $30,000.00.
Accordingly, judgment may enter for the plaintiff to recover of the defendant $30,000.00, an appraisers fee of $1,500.00, plus legal interest and costs of suit.
SPALLONE JUDGE TRIAL REFEREE
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