How
many types of Property Classifications are there?
1. Owner Occupied Property.
This is the legal residence of the owner. Taxes are assessed at 4%.
Owner of property is required to apply for legal residency with Anderson
County. Failure to do so will result in taxes being assessed at 6%.
2. Agricultural Property. This is property which is bona fide
agricultural property. Taxes are assessed at 4%.
3. All Other Property. This is property which is neither owner-occupied
nor agricultural property. This includes commercial businesses, vacant
houses, rental houses, vacant land, etc. Taxes are assessed at 6%.
How
do I request corrections or changes to my tax notices?
1. Contact Anderson County
Assessor’s Office at 100 South Main Street, Anderson, SC.
2. Advise Town of Pendleton, Clerk/Treasurer of corrections/changes
you have requested through the Assessor’s Office.
Please note: Corrections/changes must be made with Anderson County Assessor.
Tax information is provided by Anderson County to the Town of Pendleton
and failure to inform the Assessor will result in no correction/change
in future notices.
How
are my property taxes calculated?
Market Value x Assessment
Ratio = Assessment x Milage = Property Taxes
Examples:
$85,000 x .04 = 3,400 x .137= $465.80
$85,000 x .06 = 5,100 x .137 = $698.70
Homestead Exemption status is also available
for qualified applicants. Qualifications are:
1. 65 years or older
2. declared totally or permanently disabled
3. legally blind
Homestead Exemption status
allows individual home owners to deduct the allowable amount per State
Law from the Market Value of Property each year. Home exemption amount
is $50,000.
Example: Market Value – Home Exemption x Assessment Ratio = Assessment
x Mileage = Property Tax.
$85,000 - $50,000 = $35,000 x .04 = 1400 x .137 = $191.80
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