Possible over-assessment

555 W Hwy 164

Salem · Utah County, Utah · commercial property · 92,323 sq ft · Utah Code §59-2-1004

$183,339estimated 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$32,193,200
What the comparable assessments support$15,526,037
Estimated over-assessment$16,667,163 · 51.8%
Comparable basis$168/SF
Estimated tax saved / year$183,339

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
$143$14181,834 SF2016
$149$14782,344 SF2016
$152$15181,935 SF2016
$158$15782,032 SF2017
$159$15882,063 SF2017
$176$17998,476 SF2018
$178$180103,337 SF2016
$195$19284,354 SF2015

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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