Chelsea Ltd. Partnership v. Town of Chelsea

This is an appeal by the Town of Chelsea [the town] from a decision of the State Board of Appraisers [the Board] setting the appraisal of real estate owned by Chelsea Limited Partnership [the taxpayer] at $455,000. The town contends that (1) the findings of the Board were insufficient to support its decision as to the amount at which the property should be set in the grand list, and (2) the Board improperly denied the town’s request for a new hearing. We disagree with both contentions and affirm.

Briefly stated, the facts are as follows. The taxpayer is the owner of real estate in Chelsea,…