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Are property taxes really this low in South Carolina?

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Are property taxes really this low in South Carolina?

Old 02-23-2021, 03:01 PM
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Originally Posted by IMPLiberty View Post
No annual tax on vehicles in NY. Back in CT there was and it added up!
The home taxes in CT are 3 X what they are in the coastal Carolinas.

I moved into a new ICW front home in Myrtle Beach (Grande Dunes) June 1st. Only had to pay lot taxes of $925.00, but should be under $3k on a primary residence of about $900k.

No matter how much a new car costs, the sales tax is capped at $500. But the property taxes will be about that until it depreciates after a few years.

A single diesel cuddy cabin around 30' would be perfect for my next boat. Not a fan of tax on outboards, and the new Yamahas cost as much to dealer maintain as an older self-maintained diesel. (There goes my catamaran). Guess we should be thankful for these kind of problems!
Old 02-23-2021, 04:39 PM
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Originally Posted by mtty View Post
$300.00
Not anymore. 500 now.
https://dor.sc.gov/tax/max-tax
"
Effective July 1, 2017, the Maximum Sales and Use Tax (Max Tax) rate increased from $300 to $500 on certain Max Tax items, including: Max Tax Items (see §12-36-2110): Aircraft, including unassembled aircraft which is to be assembled by the purchaser, but not items to be added to the unassembled aircraft; Motor vehicle."
Old 02-23-2021, 04:41 PM
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Originally Posted by mtty View Post
$300.00
used to be 300. Now $500. Change was 2-3 years ago.
Old 02-23-2021, 06:13 PM
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here on the tx coast we have property taxes from county , city, school, junior collage, port , drainage district, ,& road and bridge
Old 02-23-2021, 06:18 PM
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Originally Posted by mtty View Post
$300.00
They upped it to $500 a few years ago.

Edit: I see this has already been answered several times. Here's one more.
Old 02-23-2021, 06:29 PM
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Originally Posted by IMPLiberty View Post
Another house in my town currently for sale has a $50,000/year tax bill. This isn’t an expensive area of NY either. I imagine there are plenty of $100k+ tax bills in many areas. I get annoyed with paying $8000 on a house I paid $200k for.
And everyone wonders why citizens of New York are moving to more favorable tax states as fast as they can get there. The states with cheaper taxes often have home sales prices much, much lower too.

There's a home down the lake from us in Alabama that's 28,000 square feet, and it has a tennis pavilion and a 2 acre fresh water pool. it's assessed @ $6.16 million. His property taxes are $19K. He has a 139' SuperYacht that weighs 350 tons, and his yearly license is $25--no ad valorem tax.

Because my wife is disabled, we have no property taxes on our main home. Our lake house is appraised @ $385K, and the Alabama property taxes are $1.1K. Living in an ultra low cost of living region and state allowed us to live a much higher lifestyle than we normally would be living.

Last edited by Bamaman; 02-23-2021 at 06:39 PM.
Old 02-23-2021, 06:30 PM
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Originally Posted by SouthpawHD View Post
Even that is cheap! That would be over $11k in my county, and close to double that in some counties in my state.

Yep and people in SC still bitch about property taxes 😂
Old 02-24-2021, 04:38 AM
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Taxes in the northeast are horrible.

Sold my house in PA for about the same as I spent buying my house on the water here in NC.

Here, my property taxes + homeowners insurance + flood insurance + wind and hail insurance + full replacement insurance on Worldcat + insurance on two cars = about half of what I paid for property taxes alone in PA. The buyers moving to PA from Nyack NY were thrilled with their new, lower taxes.
Old 02-24-2021, 07:13 AM
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Originally Posted by tprice View Post
Yep and people in SC still bitch about property taxes 😂
People bitch that they pay too much and everyone else pays too little.
Old 02-24-2021, 08:25 AM
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Originally Posted by captainmarknc View Post
The home taxes in CT are 3 X what they are in the coastal Carolinas.

I moved into a new ICW front home in Myrtle Beach (Grande Dunes) June 1st. Only had to pay lot taxes of $925.00, but should be under $3k on a primary residence of about $900k.

No matter how much a new car costs, the sales tax is capped at $500. But the property taxes will be about that until it depreciates after a few years.

A single diesel cuddy cabin around 30' would be perfect for my next boat. Not a fan of tax on outboards, and the new Yamahas cost as much to dealer maintain as an older self-maintained diesel. (There goes my catamaran). Guess we should be thankful for these kind of problems!
Correct, and NY (NYC and surrounding areas) makes CT taxes look good. I went from a $300k 3,000 SF house in CT to a $200k 1,500 SF house in NY. My taxes went up.
Old 02-24-2021, 08:27 AM
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Originally Posted by Bamaman View Post
And everyone wonders why citizens of New York are moving to more favorable tax states as fast as they can get there. The states with cheaper taxes often have home sales prices much, much lower too.

There's a home down the lake from us in Alabama that's 28,000 square feet, and it has a tennis pavilion and a 2 acre fresh water pool. it's assessed @ $6.16 million. His property taxes are $19K. He has a 139' SuperYacht that weighs 350 tons, and his yearly license is $25--no ad valorem tax.

Because my wife is disabled, we have no property taxes on our main home. Our lake house is appraised @ $385K, and the Alabama property taxes are $1.1K. Living in an ultra low cost of living region and state allowed us to live a much higher lifestyle than we normally would be living.
My NY house is going for sale this week. We expect to be multiple offers over asking (stupid high asking price too). As I sit here days before it’s active we are getting showing requests. People are moving everywhere, even NY!
Old 02-24-2021, 08:33 AM
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That's likely land only. We are 2nd cheapest in the country and that would be about $1,800/year here.
Old 02-24-2021, 08:35 AM
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Originally Posted by tprice View Post
Yep and people in SC still bitch about property taxes 😂
I sure as heck wouldn't move to NY to have even more of them.
Old 02-24-2021, 08:54 AM
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Originally Posted by TorFed View Post
That's likely land only. We are 2nd cheapest in the country and that would be about $1,800/year here.
Nope. Google Earth imagery shows the house was there in 2010.

I think Zillow is confused by the South Carolina property tax 'system'.
Old 02-24-2021, 08:59 AM
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Originally Posted by Onewolf View Post
Nope. Google Earth imagery shows the house was there in 2010.

I think Zillow is confused by the South Carolina property tax 'system'.
Might be. Zillow isn't reliable for a lot of things. Not all data "pushes" properly.
Old 02-24-2021, 09:04 AM
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Originally Posted by Onewolf View Post
https://www.zillow.com/homes/201-Lon...42980443_zpid/

Let's say it's a $750K house (Just sold for $845K). Property tax is really $1252? If so, then wow.


Not no but hell no. I am in Spartanburg County SC, my house is no where in the ballpark of that price range and is more than that.

Last edited by Pirates Smile; 02-24-2021 at 09:11 AM.
Old 02-24-2021, 10:21 AM
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Originally Posted by Pirates Smile View Post
Not no but hell no. I am in Spartanburg County SC, my house is no where in the ballpark of that price range and is more than that.
I feel there is something hinky going on here. The Pickens county property tax record shows the tax for 2020 was in fact $1252. See attached PDF. The valuation on the building is LOWER than the ones around it even though it's much larger. And the house has been there since before 2010. Maybe the prior owner was also the property appraisor. Or his best buddy.

Or.... Pickens county has incredibly low tax rates?
Attached Images
File Type: pdf
Receipt.pdf (20.2 KB, 7 views)
Old 02-24-2021, 11:17 AM
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Originally Posted by autobaun70 View Post
they especially rape us on outboards. No sales tax cap, and property tax bill every year for each motor.
This right here. It was brutal the couple of years I was stationed in Beaufort.
Old 02-24-2021, 11:19 AM
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Originally Posted by Onewolf View Post
I feel there is something hinky going on here. The Pickens county property tax record shows the tax for 2020 was in fact $1252. See attached PDF. The valuation on the building is LOWER than the ones around it even though it's much larger. And the house has been there since before 2010. Maybe the prior owner was also the property appraisor. Or his best buddy.

Or.... Pickens county has incredibly low tax rates?
Something is definitely odd. One of the neighboring properties is silly low as well for what it is.

https://www.co.pickens.sc.us/onlinet...788576837E7590

Old 02-24-2021, 11:34 AM
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I have a cousin that lives in that same tax district. A16, six mile. House is similar valuation, but would have been subject to the appraisal lock that went into effect in 2006 or 2007. Taxable valuation of 450K, similar real valuation, and their taxes about the same as this house. Primary residence that they built new in 1991.

Only thing I can figure is possibly a developer exemption of some sort. Rare, but they do exist.

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