Over-assessed vs. comparables

10421 S Jordan Gateway # 660

South Jordan · Salt Lake County, Utah · commercial property · 74,506 sq ft · Utah Code §59-2-1004

$12,840estimated 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

Salt Lake public rollUtah
Current assessment$10,107,900
What the comparable assessments support$8,940,664
Estimated over-assessment$1,167,236 · 11.6%
Comparable basis$120/SF
Estimated tax saved / year$12,840

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
$59$5975,378 SF1999
$89$8971,628 SF1998
$100$9671,936 SF1991
$116$11673,578 SF1999
$120$12075,642 SF1998
$120$12076,067 SF1998
$128$12875,400 SF1998
$160$15972,158 SF1998

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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