Tag Archives: assessor Paul Friia

It’s A Grand List

The town has announced the net 2019 Grand List.

At $11,445,273,580, it’s an increase of 1.17 % from the net 2018 Grand List of $11,311,830,644. The list is the sum of the net assessed value of all taxable property: real estate, motor vehicles, and personal property, a press release from assessor Paul Friia says.

Motor vehicles and personal property are valued annually. Real estate is updated based on market values on the town’s last revaluation date (October 1, 2015).

Work has already begun on the October 1, 2020 revaluation.

Homes like these contribute to the Grand List.

According to Friia, the 1.11% increase in real estate assessment totals results from continued residential and commercial new construction, along with renovation activity during the last assessment year.

New apartment/retail developments at 793 Post Road East and 201 Main Street, the new assisted living facility at 1141 Post Road East and the new development at 500 Main Street were significant projects that led the increases in the 2019 Grand List, Friia says.

Artist’s rendering of the Residence at Westport — a new assisted living facility.

Personal property increased 1.75 %, while motor vehicles showed a 2.6% increase.

The current 2019 Grand List totals are:

Assessment 2019 % of List
Real Estate 10,776,725,115 94.16
Motor Vehicle 350,622,910 3.06
Personal Property 317,925,555 2.78
TOTAL 11,445,273,580 100%

The Grand List will be used for fiscal year 2020-2021 town budget calculations.

The Nyala Farms office complex is the 2nd largest taxpayer in Westport.

Friia’s press release includes information on Westport’s top 10 taxpayers:

Connecticut Light & Power Inc          Pers. Property                         $139,409,760

60 Nyala Farms Road LLC                Real Estate                                $89,277,600

Bedford Square Assoc LLC               Real Estate                                $58,800,800

Equity One Westport Vill. Center      Real Estate                                $35,890,600

Byelas LLC                                        Real Estate                                $24,424,500

Aquarion                                             Real/Pers. Prop.                        $23,549,350

285 & 325 Riverside LLC                  Real Estate                                $21,291,300

Campana 125 LLC                             Real Estate                                $20,767,800

1735 Ashley LLC                               Real Estate                                $19,949,400

Ronnie F Heyman Trustee                 Real Estate                               $19,508,800