Over-assessed vs. comparables

472 S 640 W Unit 22

Pleasant Grove · Utah County, Utah · commercial property · 8,064 sq ft · Utah Code §59-2-1004

$4,171estimated 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$2,132,200
What the comparable assessments support$1,753,025
Estimated over-assessment$379,175 · 17.8%
Comparable basis$217/SF
Estimated tax saved / year$4,171

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
$151$1476,464 SF2006
$183$1777,034 SF2004
$176$1869,244 SF2017
$205$1986,382 SF2005
$212$2085,491 SF2011
$240$2277,218 SF1999
$259$2677,507 SF2015
$267$2727,347 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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