501 MERRITT 7
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Location
501 MERRITT 7
Mblu
5/ 37/ 32/ 0/
Acct#
15778
Owner
MERRITT 7 VENTURE LLC
Assessment
$24,961,280
Appraisal
$35,658,970
PID
15778
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$30,207,620$5,451,350$35,658,970
Assessment
Valuation YearImprovementsLandTotal
2023$21,145,330$3,815,950$24,961,280

Owner of Record
OwnerMERRITT 7 VENTURE LLC
Co-Owner
Address
301 MERRITT 7
NORWALK, CT 06851
Sale Price$83,333,344
Book & Page 3072/203
Sale Date05/31/1995

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
MERRITT 7 VENTURE LLC$83,333,3443072/20305/31/1995
FIFTH MERRITT SEVEN CORP$83,333,3363072/20305/31/1995
FAIRFIELD INVESTORS INC$00/0 

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 199,630
Building Attributes
FieldDescription
Style:Class A Office
Model:Commercial
GradeC
Stories:7.0
Occupancy13.00
Exterior Wall 1Glass/Thermo.
Exterior Wall 2Precast Panel
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC Percent100
Heat Percent100
Bldg UseCommercial Improved
Total Rooms0
Bedrooms0
Full Baths0
Half Baths16
Extra Fixtures0
FBM Area 
Heat/ACHeat/AC Split
FrameSteel
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height11.00
% Sprinkler100.00
# of Heat Systems1
InsulationTypical
ElectricTypical
Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 188,482 188,482
BASFirst Floor 11,148 11,148
PGBParking Garage Basement 292,599 0
   492,229 199,630

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Commercial10.00 STOP$675,0001
SPRSprinklers199630.00 S.F.$988,1701
SPRSprinklers292599.00 S.F.$1,843,3701
ELV2Freight Elevator4.00 STOP$108,0001

Land
Land Use
Use Code201V
DescriptionCommercial Improved  
ZoneEO
NeighborhoodC111
Land Line Valuation
Size (Acres)1.94
Assessed Value$3,815,950
Appraised Value$5,451,350

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$51,036,030$5,451,350$56,487,380
2022$49,057,440$4,942,560$54,000,000
2022$49,057,440$4,942,560$54,000,000
2021$49,057,440$4,942,560$54,000,000
2020$49,057,440$4,942,560$54,000,000
2019$49,057,440$4,942,560$54,000,000
2018$49,057,440$4,942,560$54,000,000

Assessment
Valuation YearImprovementsLandTotal
2023$35,725,220$3,815,950$39,541,170
2022$34,340,210$3,459,790$37,800,000
2022$34,340,210$3,459,790$37,800,000
2021$34,340,210$3,459,790$37,800,000
2020$34,340,210$3,459,790$37,800,000
2019$34,340,210$3,459,790$37,800,000
2018$34,340,210$3,459,790$37,800,000

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