I bought my house in Sumter in 2012. The first year, I paid taxes at the market value which was the selling price. After that first year, the market value came down slowly to reflect reality.
For an estimate, take the selling price in thousands, deduct about 75 for the homestead and multiply by 12.5 (Sumter County tax rate. A 350,000 home = 350 minus 75 times 12.5 = $3,437.50. This does not include other taxes and fees such as Fire Department, Bond (if any), etc.
Your realtor will know the exact current rate on any house he/she shows you.
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