How are property taxes calculated on a Woodstock two-family?

Property tax on a Woodstock two-family follows the same Cherokee County formula as any other property: the assessor sets a fair market value, then bills tax on 40 percent of fair market value at the local millage rate. A legal second unit can add value the assessor accounts for at the next reassessment. Your county and city set the millage rate each year, so the same assessed value can produce a different bill. Ask the Cherokee County tax assessor's office how they valued the specific improvements.