Darien’s Oct. 1, 2018 grand list is down 1.21% from the grand list of Oct. 1, 2017 according to a memo from Town Assessor Anthony Homicki.

In dollars, the total 70% assessed value for Darien is at $8,494,349,986, down $1,04,253,884 from 2017. The bulk of the decrease is in real estate, down from $8,177,302,610 in 2017 to $8,073,577,620 in 2018.

Motor vehicle assessed values actually went up from $249,623,723 in 2017, to $252,603,260 in 2018.

Personal property went down from $175,574,761 in 2017 to $173,831,060 in 2018.

The highest real estate assessments haven’t changed since last year. Darien’s most valuable piece of real estate continues to be the Avalon apartment complex at 137 Hollow Tree Ridge Road. Owned by Darien Financing LLC, the property is assessed at $46,322,290. The William Steinkraus estate on Great Island is the second most expensive property in town at $35 million. Wee Burn Country Club and the Country Club of Darien are valued at $23.6 million and $22.5 million respectively.

The town is still anticipating several new mixed-use developments in Noroton Heights and downtown Darien that would be major additions to the grand list in the coming years.

Eversource Energy and subsidiary Yankee Gas combine for more than half of the assessed personal property in town at approximately $98 million. This is followed by Aquarion at $10.5 million. Zotos International, a Darien based hair care company, has the highest amount of personal property outside of the utility companies in town at $3.3 million.

A total of 17,667 motor vehicles were assessed at more than $249 million. Of the town’s 10 most expensive cars, three belong to the same owner, and three are Ferraris. The town’s most expensive assessed vehicle changed from previous years’  BMW 440i XDR valued at $387,800.

For 2018’s grand list, the most expensive assessed vehicle in Darien is a Rolls Royce Dawn valued at $241,500.
The Grand List is managed by the office of the town assessor in town hall. To inquire about tax assessments contact Assessor Anthony Homicki at 203-656-7310.