Possible over-assessment

1055 N 500 W

Provo · Utah County, Utah · commercial property · 10 sq ft · Utah Code §59-2-1004

$534,350estimated 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

Utah public rollUtah
Current assessment$53,883,800
What the comparable assessments support$5,306,561
Estimated over-assessment$48,577,239 · 90.1%
Comparable basis$530656/SF
Estimated tax saved / year$534,350

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
$93522$921249 SF2014
$95590$9845810 SF2021
$103790$10171410 SF2011
$188490$18660510 SF2013
$378430$37464610 SF2013
$700680$68666610 SF2011
$829280$84586610 SF2019
$1417540$148841710 SF2025

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.

Your free review

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