Property Taxes in Brunswick County
One of the most pleasant experiences each year in Brunswick County is paying your property taxes. Surely, that would seem to be a ridiculous statement. But, a large number of buyers in this area move here from the northeast, NJ or NY or MA or CT, and we frequently hear them tell us of paying well over $1,000/mo, just for their taxes. That’s in addition to what the mortgage principle and interest might be.
Hence, the reason for the statement above. All properties in Brunswick County are re-assessed for tax purposes every four years. The latest re-assessment was completed in 2011. Technically, the tax assessed value is supposed to be equal to the market value of a property. Actually, it never is, because the market sets a property’s value and the market is constantly changing.
The REALLY good news is that taxes are low in comparison to almost anywhere you might be moving from.
Example: A home in Brunswick County, assessed for tax purposes at $400,000, would have an annual, yes that’s annual, Brunswick County tax bill of approximately $1,780.
Some properties are also located within city limits and the city imposes an additional tax.
Call us if you have any questions.