Estate Property appraisers check out the price!!! WOW!

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MadBuck0186 · #1 Post by **MadBuck0186** » Thu Apr 03, 2008 7:03 pm

www.honolulupropertytax.com

Enter the address....41-505 Kalanianaole Highway Waimanalo, HI 96795

Good Luck!!

MPS · #2 Post by **MPS** » Thu Apr 03, 2008 7:34 pm

That's a fair chunk of change, for any house! It's all land value! But what a great piece of property.

Thanks for posting the link

On the same topic, does anyone else remember seeing, many years ago, ads in travel magazines, listing the Anderson estate for short term rentals?

mc25a · #3 Post by **mc25a** » Thu Apr 03, 2008 8:19 pm

6.5 million sounds like a lot but I bet fair market value is more like 10-15 million. Click on sketch to see the floor plan.

Miss Q · #4 Post by **Miss Q** » Thu Apr 03, 2008 9:32 pm

Look at the TAXES!!!

$20,000 annually

IKnowWhatYoureThinking · Fri Apr 04, 2008 6:44 pm

I think the taxes are pretty resonable for the type of money we are talking. I just wish I had that type of money!

N1095A · #6 Post by **N1095A** » Fri Apr 04, 2008 8:36 pm

MPS wrote: It's all land value!

I beg to differ. If you pay $6.5m for the estate, you still don't own the land. You have to lease it just like everyone else in Hawaii.

Sam · #7 Post by **Sam** » Fri Apr 04, 2008 9:46 pm

Hi N1095A,

I'm not sure what category the estate falls under but there are two types of ownership in Hawaii.

Fee Simple- which makes up roughly 40% of ownership and you own the land.

Leasehold-The land is owned by the state or a trust.

I'll see if I can find something on this.

Edit to add.

http://www.to-hawaii.com/real-estate.php

N1095A · #8 Post by **N1095A** » Sat Apr 05, 2008 2:39 pm

Sam wrote:Hi N1095A,

I'm not sure what category the estate falls under but there are two types of ownership in Hawaii.

Fee Simple- which makes up roughly 40% of ownership and you own the land.

Leasehold-The land is owned by the state or a trust.

I'll see if I can find something on this.

Edit to add.

http://www.to-hawaii.com/real-estate.php

If it is Fee simple, $6.5m seems a little on the low side. However this is assessed value, and as someone stated, actual market value is likely higher.

By the way, from all the H50 grabs, does it seem to anyone elas that the inside of the actual estate (main house) isn't nearly as nice as the MPI studio portrayed it?

mc25a · #9 Post by **mc25a** » Wed Apr 09, 2008 4:20 pm

Can anyone make sense of the floor plan? It looks like they are depicting 2 or 3 stories in one drawing?

Carol the Dabbler · Mon May 05, 2008 10:04 pm

The tax site seems to have been changed recently. In order to get the data, I had to first click on the "Search" tab at the top of the page, then enter the address as 41-505 in the first box and Kalanianaole Hwy (not Highway) in the second box. It doesn't seem to want/need the town or ZIP Code.

On the Parcel Data page, under "Owner Type," it says "Fee Owner" -- so apparently it really is Fee Simple, not Leasehold. On the Assessed Values page, it gives land assessed value as $5,885,900 and building assessed value as $637,100.