2023 Property Tax on Sands of Kahana up 70%? Is this a mistake?

[RedDogSD]

My 2023 Property tax bill has arrived and they are charging $495.10 for the 3 bedroom. 2022 was 290.80 and 2021 was 287.80.

I checked Maui website and the property tax rate on Timeshares is unchanged (14.60 per 1,000), and there is no way that I believe that the value of this property jumped up by 70% in one year. What the hell is going on?

 

[scootr5]

My 2023 Property tax bill has arrived and they are charging $495.10 for the 3 bedroom. 2022 was 290.80 and 2021 was 287.80.

I checked Maui website and the property tax rate on Timeshares is unchanged (14.60 per 1,000), and there is no way that I believe that the value of this property jumped up by 70% in one year. What the hell is going on?

I just looked at the Maui assessor's web page, and picked unit 144 as a sample. It shows a jump this year of about 60%; assessed value in 2022 was $799,300 and it is $1,247,900 in 2023. I looked at a couple other units, and they are all showing similar jumps.

 

[WaikikiFirst]

I've been to Maui at least a dozen times. Loved it, but honestly, the change in tone there has been stark. I think that for non-residents Maui is a fleecing waiting to happen or maybe a frog-in-boiling-water fleecing. btw, did they lower the assessed value during lockdowns? Is it a rebound from that? What is the assessment change from 2019?

 

[scootr5]

I've been to Maui at least a dozen times. Loved it, but honestly, the change in tone there has been stark. I think that for non-residents Maui is a fleecing waiting to happen or maybe a frog-in-boiling-water fleecing. btw, did they lower the assessed value during lockdowns? Is it a rebound from that? What is the assessment change from 2019?

It did indeed go down about 9% in 2021 and again 8% in 2022, so this would represent about a 30% jump from the 2020 figure.

 

[RedDogSD]

While I don't feel like looking at every unit, I did look at quite a few units in that same 4299 Lower Honoapiilani Rd building, and unit 144 seems to be the highest one at 56%. Most of the others had a 30 or 35% increase. How can they average that out to increase the "assessment" to 70% increase.

 

[WaikikiFirst]

maybe the pool rose in value by 1,000%. sorry for the sarc, but if we can't laugh about taxes, have to laugh about death.
I figured it was reduced during lockdown. Maybe in 2020 too, or was that set before the March lockdown?
On Wall St these days, some things get discussed as "Change since 2019", because 2020/21/22 were such a bizarre whiplash.

 

[RedDogSD]

It did indeed go down about 9% in 2021 and again 8% in 2022, so this would represent about a 30% jump from the 2020 figure.

By the way, if the PT went down, then they found a way to increase other fees because I looked at my overall summer invoice and it went up from 2021 to 2022. So, when the assessment goes up, they charge us...and when the assessment goes down, they absorb it. I would like to see an audit on this.