Tax Bill

quote:
Originally posted by gotchacovered

Roger that, UT.

BTW, this makes me think about something to which I’ve been wanting to find the answer for a while now. Last year, I noticed that the assessment on my house on my property-tax bill looked way too high. Even though the real prices in the housing market have gone down since 2008, my assessed value went UP somehow. So, I called and challenged the value. They told me that the state of SC is requiring that all residential property taxes be based on 2008 values. Does anyone know if that is true? If that’s true, then it seems to me that they are taxing us on somethig we don’t have–on fictitious or past values we don’t own today. I don’t see how that can be legal.

Does anyone know if this is true and if there is a good explanation for it?

Gotcha Covered,
Lee Strickland
Strickland Marine Insurance Agency, Inc.
https://stricklandmarine.net
843-795-1000 / 800-446-1862


Lee, yes it is true. I just looked at my assessment. I says the following.

Charleston County is required by State Law to implement a reassessment in 2011. For this reassessment, by law, properties must be values as of 12/31/2008. This was in BOLD type. Here is some info regarding the reassessment.

http://www.charlestoncounty.org/news/3301.htm

http://www.charlestoncounty.org/pdfs/ReassessmentFlier2011.pdf

thats just f’d up!

Thanks for the advice. Now I need to look at my house taxes!