Hawaii 2008 Real Property Tax for Honolulu County

By
Real Estate Agent with Hawaii Military Realty, Inc.

By: David Kucic RA
CRS, GRI, ABR, e-PRO, AHWD
First Sergeant, USA (Ret)
Tropic Lightning Real Estate

The 2008 Real Property Assessment Notices for Honolulu County home owners were mailed out this week. 

This information pertains only to the taxes for single family homes, condominiums and townhouses in Honolulu County, HawaiiHonolulu County is the entire island of Oahu.

Hawaii real estate has seen a slight decline just like the rest of the United States but at a much lower and slower rate of decline.  This bit of a decline is good news for homeowners who plan on keeping their homes rather than selling them.

For 2007, the Tax rate for Hawaii single family homes, condominiums and townhouses was taxed at $3.29 per every $1,000 of assessed value.

For 2008 on many of the areas on Oahu, the assessed value decreased because of the overall decrease in the price of Hawaii Real Estate.  As long as the tax rate of $3.29 remains the same in 2008, homeowners who's assessed values went down will see a decrease in their property taxes.

I am counting on our government leaders to keep the tax rate the same.

 

 

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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
1 SGT, we have seen the same thing here in New Orleans. For once property tax are stable for this tax year.
Dec 15, 2007 10:41 PM #1
Rainmaker
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1SG (Ret.) David Kucic
Hawaii Military Realty, Inc. - Ewa Beach, HI
President and Owner
Frank-Thats good news for the folks in LA.  Wont your taxes go down too if the values have decreased?
Dec 16, 2007 03:13 AM #2
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Rainmaker
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1SG (Ret.) David Kucic

President and Owner
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