540 ELLA T GRASSO BLVD
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Location
540 ELLA T GRASSO BLVD
Mblu
306/ 0068/ 01400/ /
Acct#
306 0068 01400
Owner
SP ELLA LLC
Total Market Value
$9,468,970
Appraisal
$13,527,100
PID
19753
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$10,685,100$2,842,000$13,527,100
Assessment
Valuation YearImprovementsLandTotal
2025$7,479,570$1,989,400$9,468,970

Owner of Record
OwnerSP ELLA LLC
Co-OwnerHUGH SCOTT PROPERTY MANAGER
Address33 DIXWELL AVE STE 321
NEW HAVEN, CT 06511
Sale Price$6,850,000
Certificate
Book & Page 10057/0211
Sale Date09/30/2020
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SP ELLA LLC$6,850,000 10057/02112509/30/2020
NEW HAVEN PLAZA LLC $0 5500/0115105/24/1999
UNKNOWN$17,439 4006/0072 11/29/1988

Building Information
Building 1 : Section 1
Year Built: 1963
Living Area: 75,484
Replacement Cost: $9,539,159
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$4,292,600
Building Attributes
FieldDescription
Style:Office
ModelCommercial
GradeAbove Average
Stories:1
Occupancy4.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Brick
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas/Oil
Heating TypeFA/HW/ST
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
NBHD Code 
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 75,484 75,484
FOPOpen Porch 1,200 0
   76,684 75,484
Building 2 : Section 1
Year Built: 1989
Living Area: 39,784
Replacement Cost: $5,647,538
Building Percent Good: 65
Replacement Cost
Less Depreciation:
$3,670,900
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Classroom
ModelCommercial
GradeAbove Average
Stories:2
Occupancy2.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas/Oil
Heating TypeFA/HW/ST
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
NBHD Code 
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 20,402 20,402
FUSFinished Upper Story 20,402 19,382
   40,804 39,784
Building 3 : Section 1
Year Built: 1963
Living Area: 32,929
Replacement Cost: $4,391,517
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$2,415,300
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Office
ModelCommercial
GradeAbove Average
Stories:1
Occupancy2.00
Exterior Wall 1Stucco
Exterior Wall 2Brick
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelOil/Gas
Heating TypeFA/HW/ST
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
NBHD Code 
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 32,929 32,929
FOPOpen Porch 3,443 0
   36,372 32,929

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
ELV2PASS ELEV2.00 STOPS$40,300$28,2102
SPR1SPRINKLERS-WET25000.00 S.F.$35,800$25,0603
SPR1SPRINKLERS-WET39784.00 S.F.$67,200$47,0402
SPR1SPRINKLERS-WET75484.00 S.F.$88,300$61,8101
MEZ2FINISHED2738.00 S.F.$23,400$16,3801

Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneIL
NeighborhoodEGB1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)10.1
Frontage0
Depth0
Total Market Land$1,989,400
Appraised Value$2,842,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
PAV1PAVING-ASPHALT  25000.00 S.F.$51,300$35,9101
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$10,685,100$2,842,000$13,527,100
2024$10,685,100$2,842,000$13,527,100
2023$10,685,100$2,842,000$13,527,100

Assessment
Valuation YearImprovementsLandTotal
2025$7,479,570$1,989,400$9,468,970
2024$7,479,570$1,989,400$9,468,970
2023$7,479,570$1,989,400$9,468,970

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