Free Monterey, California seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Monterey, California (Monterey County). The calculator applies the local rates for you.
- Median home value
- $1,003,300
- Transfer tax on $1,005,000
- $1,106
- Seller costs on $1,005,000
- About $56,159
- Median property tax bill
- $5,799 a year
- County
- Monterey County
- Population
- 29,015
Monterey transfer tax
On a $1,005,000 sale in Monterey, transfer taxes come to $1,106: County documentary transfer tax. By custom the seller pays it.
| Tax | Rate | Paid by | On $1,005,000 |
|---|---|---|---|
| County documentary transfer tax | $1.10 per $1,000 ($0.55 per $500) | Seller | $1,105.50 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $275 | $0 | $275 |
| $500,000 | $550 | $0 | $550 |
| $1,000,000 | $1,100 | $0 | $1,100 |
| $1,005,000 local median value | $1,105.50 | $0 | $1,105.50 |
Example Monterey seller net sheet
A $1,005,000 sale, close to Monterey's median home value of $1,003,300, with a 5% commission and a $605,000 mortgage payoff. Seller costs come to about $56,159, or 5.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $1,005,000 |
| First mortgage payoff | −$605,000 |
| Real estate commission (5%) | −$50,250 |
| County documentary transfer tax | −$1,105.50 |
| Owner's title insurance policy | −$3,198.75 |
| Escrow fee | −$1,500 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $343,840.75 |
Who pays what in Monterey
Monterey closings follow Monterey County customs. Seller on the Monterey Peninsula; split in Salinas. The escrow fee is customarily paid by the seller. Closings are usually handled by an escrow company.
Property taxes in Monterey
The median property tax bill for homeowners in Monterey is $5,799 a year, about 0.58% of the median home value of $1,003,300 (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. Fiscal year Jul-Jun; installments due Nov 1 (Jul-Dec) and Feb 1 (Jan-Jun). Seller credits buyer for the unpaid part of the current installment; supplemental taxes are billed to the buyer after closing.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the escrow company.
Monterey seller questions
How much is the transfer tax in Monterey, California?
On a $1,005,000 sale in Monterey, transfer taxes come to $1,106: County documentary transfer tax. By custom the seller pays it.
How much are seller closing costs in Monterey?
On a $1,005,000 sale, close to the median home value in Monterey, with a 5% commission, estimated seller costs are about $56,159 (5.6% of the price). Without commission they are about $5,909. The loan payoff and property tax proration change the final number.
What county is Monterey in, and does it matter at closing?
Monterey is in Monterey County, California. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. Seller on the Monterey Peninsula; split in Salinas. The escrow fee is customarily paid by the seller.
How much are property taxes in Monterey?
The median property tax bill for homeowners in Monterey is $5,799 a year, about 0.58% of the median home value of $1,003,300 (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. Fiscal year Jul-Jun; installments due Nov 1 (Jul-Dec) and Feb 1 (Jan-Jun). Seller credits buyer for the unpaid part of the current installment; supplemental taxes are billed to the buyer after closing.
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