Possible over-assessment

486 N State St

Orem · Utah County, Utah · commercial property · 5,581 sq ft · Utah Code §59-2-1004

$8,495estimated 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$1,686,500
What the comparable assessments support$914,183
Estimated over-assessment$772,317 · 45.8%
Comparable basis$164/SF
Estimated tax saved / year$8,495

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
$133$1345,624 SF2000
$139$1395,894 SF1998
$139$1395,894 SF1998
$139$1395,915 SF1999
$153$1515,072 SF2000
$176$1765,279 SF2001
$246$2475,844 SF2000
$272$2735,672 SF2001

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

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 486 N State St 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.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Utah County

Other Utah County properties over the line