Is 531 E 400 S over-assessed?

Public Utah records put its assessment at $6,295,000 — about 47.9% above the comparable assessments its value should track, an estimated $3,013,441 over-assessment. We verify it by hand before saying you have a case.

How much could a property tax appeal save on this property?

An estimated $33,148 per year, using an estimated Utah composite millage rate applied to the over-assessment. Actual savings depend on the final reduction.

What does it cost to appeal?

Nothing upfront. WinningAppeals is paid only if your value comes down — the founding-year rate is 10% of your first-year savings. If the value doesn't move, you owe nothing.

Possible over-assessment

531 E 400 S

Salt Lake City · Salt Lake County, Utah · commercial property · 14,503 sq ft · Utah Code §59-2-1004

$33,148estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Salt Lake public rollUtah

Current assessment$6,295,000

What the comparable assessments support$3,281,559

Estimated over-assessment$3,013,441 · 47.9%

Comparable basis$226/SF

Estimated tax saved / year$33,148

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

$78$7713,980 SF2003

$157$15613,652 SF2005

$166$16311,648 SF2005

$170$17214,937 SF2007

$214$21615,000 SF2006

$234$23716,826 SF2004

$326$32314,000 SF2004

$433$42114,080 SF2000

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.

How a Utah commercial property tax appeal works →

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 531 E 400 S and tell you, with no obligation, whether it's worth filing. A licensed Utah agent handles everything from there. You pay only if your value comes down.

Nothing due unless we lower your bill.
A licensed Utah agent files and represents you.
Built from Salt Lake County's own public records.

Other Salt Lake County properties over the line

5063 S Cottonwood St$677,101,403 over 1645 E Penrose Dr$382,673,146 over 3723 W 12600 S$261,907,470 over 6227 S State St$249,906,003 over 515 S Colorow Dr$227,527,712 over 126 S Regent St$213,511,527 over

All Salt Lake County over-assessments →Utah commercial property tax appeals →