Over-assessed vs. comparables

195 W Center St

Orem · Utah County, Utah · commercial property · 2,166 sq ft · Utah Code §59-2-1004

$4,099estimated 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

Utah public rollUtah
Current assessment$1,408,900
What the comparable assessments support$1,036,275
Estimated over-assessment$372,625 · 26.5%
Comparable basis$478/SF
Estimated tax saved / year$4,099

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
$162$1551,908 SF2008
$214$2202,443 SF2017
$346$3332,325 SF2005
$425$4202,346 SF2010
$461$4702,404 SF2016
$504$4872,184 SF2007
$506$5102,010 SF2017
$588$5892,183 SF2014

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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