Over-assessed vs. comparables

72 N 850 E

Lehi · Utah County, Utah · commercial property · 6,226 sq ft · Utah Code §59-2-1004

$6,959estimated 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$2,072,400
What the comparable assessments support$1,439,798
Estimated over-assessment$632,602 · 30.5%
Comparable basis$231/SF
Estimated tax saved / year$6,959

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
$152$1485,665 SF1995
$175$1755,924 SF2000
$217$2115,189 SF1997
$226$2276,111 SF2001
$227$2307,102 SF1999
$236$2336,906 SF1994
$270$2656,887 SF1993
$426$4135,351 SF1996

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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