Mar
05

Don’t Forget Those Property Tax Exemptions in SC

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proximityA 199 unit Proximity Residences off Bee’s Ferry Road in  Charleston County just sold for $37 million ($186,000/unit). Currently, the taxable value of the property is about $29.6 million, which means the property taxes could increase by 25%. Hopefully, someone made the Pennsylvania based buyer aware of the 25% exemption (that has to be applied for), which would bring the taxable value back down to the current level. Call me if I can assist with any property tax issues in South Carolina.

Michael Dodds, MAI, CCIM  cell (803) 960.8783

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    Categories : Charleston

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