City sends 2021 real property notice of assessments
News release from City and County of Honolulu, December 16, 2020
HONOLULU- The City and County of Honolulu’s Real Property Assessment Division has prepared the 2021 real property notice of assessments applicable to the 2021-22 tax year. On or before December 15, the city will distribute approximately 297,000 notices via the United States Postal Service or by email (for those who have subscribed to electronic delivery).
The aggregate assessed valuation of all real property on O‘ahu decreased from $279.99 billion to $279.28 billion, indicating an approximate decrease of 0.3 percent. This overall decrease is much different than last year’s 1.7 percent increase from the previous year.
The aggregate value of the residential group includes properties classified Residential and Residential A. The residential group increased from $217.77 billion to $219.40 billion, indicating an approximate increase of 0.7 percent. The Hotel and Resort class decreased by 16.1 percent. The Commercial class increased by 2.4 percent, and the Industrial class decreased by 0.9 percent. These percentages represent island-wide class totals and may not reflect specific neighborhood or individual property value changes.
The notice of assessment is not a tax bill. The notice provides the property’s ID/TMK, assessed value, tax classification, applied exemption amount, applicable special assessment, and net taxable value. All 2021 assessed values reflect the value of real property in their entirety (fee simple) as of October 1, 2020, and are derived from sales of similar property through June 30, 2020.
Property owners should call the Appeal Hotline at (808) 768-7000 from December 15, through January 15, 2021, during the business hours of 7:45am and 4:30pm HST for assistance with any question. Inquiries may also be submitted via email to firstname.lastname@example.org.
Information stated on the Real Property Notice of Assessment is used to determine the real property tax bill amount. The property’s net taxable value stated on the assessment notice is taxed per $1,000 of value at the property’s applicable classification tax rate. The classification tax rate is set by the City Council in June 2021. The tax bill will be mailed in July 2021.
Property owners who wish to dispute their real property assessment may file an appeal during the period of December 15, to January 15, 2021. Hand delivered appeals must be received and accepted by 4:30pm on January 15, 2021. If the appeal is mailed, it must be postmarked by a government postal service on or before January 15, 2021. Appeals filed online at www.realpropertyhonolulu.com must be completed by 11:59pm, January 15, 2021. A $50.00 deposit for each appeal is required. Make checks payable to City and County of Honolulu. Enclose a self-addressed stamped envelope with your appeal application to receive a receipted copy of the appeal. An appeal cannot be lodged by facsimile transmission or via email.
In an effort to expedite the appeal process and to minimize the wait time for a Board of Review hearing date, appellants should submit any evidence and supporting documentation to the Real Property Assessment Division with the appeal form or shortly thereafter. If you are submitting evidence separately from the appeal form, please include the name of the appellant, Parcel ID/TMK, year of the appeal, and contact information such as phone number, mailing address, and email address to either office.
Visit www.realpropertyhonolulu.com for links to search real property records, pay property taxes electronically, file a home exemption claim, report exemption status changes, file an appeal to the Board of Review, and download forms. Property owners may also register to receive their real property assessment notices via email. Property owners who reside in their property are encouraged to file a home exemption claim, if they have not already done so.
Property owners who have not received their 2021 Assessment Notice by December 31, 2020, are advised to call (808) 768-7000 or visit an office at Real Property Assessment Division:
- 842 Bethel Street, Basement Honolulu, HI 96813
- 1000 Uluohia Street, #206 Kapolei, HI 96707