Above the comparable median

572 W Teal River Way

Murray · Salt Lake County, Utah · multifamily property · 81,621 sq ft · Utah Code §59-2-1004

$2,361estimated overpaid in property tax / year

This property's assessment runs above the median of comparable properties. Whether it clears the bar to file is something we confirm for free.

What the public records show

Salt Lake public rollUtah
Current assessment$19,270,300
What the comparable assessments support$19,055,703
Estimated over-assessment$214,597 · 1.1%
Comparable basis$233/SF
Estimated tax saved / year$2,361

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
$160$16186,765 SF2020
$166$16584,695 SF2018
$182$17574,109 SF2014
$183$18584,373 SF2022
$222$22682,297 SF2023
$243$24182,072 SF2018
$249$25179,623 SF2022
$262$26382,878 SF2020

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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