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Old 08-19-2010, 07:10 AM
 
21 posts, read 40,816 times
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Can anyone advise on how much the taxes are in Mt Pleasant I know they are low considering how high they are up North. I know everyone is diffrent but whats the average. Also in the mt pleasant area what is the flood insurance like and is it pretty much required.
Thanks
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Old 08-19-2010, 10:18 AM
 
Location: Mount Pleasant South Carolina
1,125 posts, read 3,380,977 times
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Taxes on a primary residence in Mt. Pleasant on a $500,000 home will be about $2000 a year. You should be able to pro-rate the taxes/this figure for different priced homes. The average flood insurance policy in Mt. Pleasant will probably be in the $250 -$400 a year range, although there are certainly higher costs policies dependent on the flood zone. Most of the homes in Mt. Pleasant are in a mandatory flood zone area requiring a flood policy.


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Originally Posted by gracie1207 View Post
Can anyone advise on how much the taxes are in Mt Pleasant I know they are low considering how high they are up North. I know everyone is diffrent but whats the average. Also in the mt pleasant area what is the flood insurance like and is it pretty much required.
Thanks
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Old 08-19-2010, 12:10 PM
 
Location: OR
144 posts, read 391,562 times
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Depends if you're in the Wind Pool too - Wind & Hail insurance is more than our property taxes. Plus, in order to get Wind & Hail you have to have Flood. We technically don't need Flood on our lot, but have to pay for it anyway to get Wind & Hail (not that we mind though, we probably would have gotten Flood anyway).
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Old 08-19-2010, 01:24 PM
 
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0.5% for tax and about 0.5% for insurance (that's if your house in not in a bad flood zone; always get flood and even earthquake). Yes, Charleston has rare but large quakes.
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Old 08-20-2010, 08:08 AM
 
21 posts, read 40,816 times
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Thanks for the info very helpful.
Can't wait till Sept to visit MT P
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