Free Hot Springs, Arkansas seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Hot Springs, Arkansas (Garland County). The calculator applies the local rates for you.
- Median home value
- $156,900
- Transfer tax on $155,000
- $512
- Seller costs on $155,000
- About $8,893
- Median property tax bill
- $834 a year
- County
- Garland County
- Population
- 37,971
Hot Springs transfer tax
On a $155,000 sale in Hot Springs, transfer taxes come to $512: Real property transfer tax. By custom the seller pays $171 of that and the buyer $341.
| Tax | Rate | Paid by | On $155,000 |
|---|---|---|---|
| Real property transfer tax | $3.30 per $1,000 | Split (33% seller) | $511.50 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $155,000 local median value | $170.50 | $341 | $511.50 |
| $250,000 | $275 | $550 | $825 |
| $500,000 | $550 | $1,100 | $1,650 |
| $1,000,000 | $1,100 | $2,200 | $3,300 |
Example Hot Springs seller net sheet
A $155,000 sale, close to Hot Springs's median home value of $156,900, with a 5% commission and a $95,000 mortgage payoff. Seller costs come to about $8,893, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $155,000 |
| First mortgage payoff | −$95,000 |
| Real estate commission (5%) | −$7,750 |
| Real property transfer tax | −$170.50 |
| Owner's title insurance policy | −$617.50 |
| Settlement / closing fee | −$300 |
| Release / satisfaction recording | −$15 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $51,107 |
Who pays what in Hot Springs
Hot Springs closings follow Garland County customs. In Garland County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by a title company.
Property taxes in Hot Springs
The median property tax bill for homeowners in Hot Springs is $834 a year, about 0.53% of the median home value of $156,900 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Taxes are paid a year in arrears (due Oct 15 for the prior year); seller credits buyer for the prior year if unpaid plus the current year to closing.
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Hot Springs seller questions
How much is the transfer tax in Hot Springs, Arkansas?
On a $155,000 sale in Hot Springs, transfer taxes come to $512: Real property transfer tax. By custom the seller pays $171 of that and the buyer $341.
How much are seller closing costs in Hot Springs?
On a $155,000 sale, close to the median home value in Hot Springs, with a 5% commission, estimated seller costs are about $8,893 (5.7% of the price). Without commission they are about $1,143. The loan payoff and property tax proration change the final number.
What county is Hot Springs in, and does it matter at closing?
Hot Springs is in Garland County, Arkansas. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Garland County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Hot Springs?
The median property tax bill for homeowners in Hot Springs is $834 a year, about 0.53% of the median home value of $156,900 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Taxes are paid a year in arrears (due Oct 15 for the prior year); seller credits buyer for the prior year if unpaid plus the current year to closing.
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