Over-assessed vs. comparables

3215 W Swann Ave

Tampa, 33609 · Hillsborough County, Florida · multifamily property · 22,783 sq ft · Fla. Stat. s.193.011(8)

$18,131estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Hillsborough public rollFlorida
Current assessment$5,303,500
What the comparable sales support$4,364,045
Estimated over-assessment$939,455 · 17.7%
Comparable basis$225/SF
Estimated tax saved / year$18,131

Straight from the public Florida roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable sales behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public sale figures matter.

Comparable sale $/SFAdjusted $/SFSizeBuilt
$91$9732,864 SF1979
$168$17214,856 SF1986
$168$17426,059 SF1978
$222$22515,350 SF1984
$231$22611,891 SF1979
$249$23414,080 SF1970
$259$24720,265 SF1967
$321$31411,988 SF1979

Why this is the lever

Fla. Stat. s.193.011(8)

Under s.193.011(8), Just Value must be net of the usual and reasonable costs of sale (customarily ~15%). Where an assessment meets or exceeds the gross price comparable properties actually sold for, it cannot reflect net-of-cost just value, and the Value Adjustment Board can reduce it.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 3215 W Swann Ave and tell you, with no obligation, whether it's worth filing. A licensed Florida agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Hillsborough County

Other Hillsborough County properties over the line