Over-assessed vs. comparables

560 N Main

Springville · Utah County, Utah · commercial property · 2,325 sq ft · Utah Code §59-2-1004

$1,522estimated 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$716,100
What the comparable assessments support$577,733
Estimated over-assessment$138,367 · 19.3%
Comparable basis$248/SF
Estimated tax saved / year$1,522

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
$48$471,668 SF1965
$98$1052,400 SF1980
$121$1151,854 SF1960
$152$1502,199 SF1965
$194$1902,020 SF1964
$287$3072,356 SF1980
$334$3441,513 SF1980
$396$4282,529 SF1980

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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