Maui Property Tax

 

You have just received your property tax bill in the mail from Maui County. It seems high to you and you know the neighbors home just sold for 100k less. “What is up? Can I file an appeal?”

First know that the tax assessed value is based on 1 1/2 years ago values. An appeal will have to show that the market price for your property 1 1/2 years ago is 20% less than the assessed value. 20% is mandatory number per Maui county code.

To file an appeal you pay $50.00 at the tax office and then wait approx. a year to get your appeals hearing. Approx 98% of the filers will fail to win their case.

You will need a Realtor to get you a CMA (Comparative Market Analysis) for your home based on 1 1/2 year ago pricing. The Fine Island Properties Team at Maui Real Estate Advisors LLC will be happy to assist you if you feel you are being overcharged. Contact us at: FineIslandProperties@gmail.com