Nelson v. State Tax Commission

CROCKETT, Justice.

Mary Jean Nelson seeks review of a decision of the State Tax Commission denying a reduction in the valuation ($530,700) placed on five parcels of real property used as a business complex at 5100-5250 South State Street in Murray, for the purpose of the 1971 property tax. She paid the taxes of $10,313.75 under protest and seeks recovery.

The plaintiff purchased the property in question in 1971 from a trustee in bankruptcy for $275,000, subject to the 1971 property taxes. It is shown that the trustee had previous offers, one an option to purchase for $350,000, which was never…