Over-assessed vs. comparables

501 N Main St

Layton · Davis County, Utah · commercial property · 2,663 sq ft · Utah Code §59-2-1004

$1,155estimated 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

Davis public rollUtah
Current assessment$766,920
What the comparable assessments support$661,948
Estimated over-assessment$104,972 · 13.7%
Comparable basis$249/SF
Estimated tax saved / year$1,155

Straight from the public Utah 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 assessments 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 assessment figures matter.

Comparable assessment $/SFAdjusted $/SFSizeBuilt
$38$372,250 SF2005
$154$1543,016 SF2004
$235$2282,082 SF2005
$223$2283,152 SF2008
$238$2372,310 SF2009
$259$2602,870 SF2006
$281$2912,814 SF2013
$287$2912,994 SF2007

Why this is the lever

Utah Code §59-2-1004

Under §59-2-1004, a property owner may appeal the equalization of an assessment. Because Utah is a non-disclosure state, the assessor's own comparable assessed values are the evidence: when an assessment materially exceeds comparable assessed values, the Board of Equalization can equalize it down to match.

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