Free San Mateo, California seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in San Mateo, California (San Mateo County). The calculator applies the local rates for you.
- Median home value
- $1,563,200
- Transfer tax on $1,565,000
- $9,547
- Seller costs on $1,565,000
- About $83,989
- Median property tax bill
- $9,646 a year
- County
- San Mateo County
- Population
- 103,006
San Mateo transfer tax
On a $1,565,000 sale in San Mateo, transfer taxes come to $9,547: County documentary transfer tax and City of San Mateo transfer tax. By custom the seller pays $5,634 of that and the buyer $3,913. San Mateo has its own local transfer tax, so the total differs from the rest of San Mateo County, where the same sale would owe $1,722.
| Tax | Rate | Paid by | On $1,565,000 |
|---|---|---|---|
| County documentary transfer tax | $1.10 per $1,000 ($0.55 per $500) | Seller | $1,721.50 |
| City of San Mateo transfer tax | 0.5%; 1.5% at $10M+ (Measure CC) | Split 50/50 | $7,825 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $900 | $625 | $1,525 |
| $500,000 | $1,800 | $1,250 | $3,050 |
| $1,000,000 | $3,600 | $2,500 | $6,100 |
| $1,565,000 local median value | $5,634 | $3,912.50 | $9,546.50 |
Example San Mateo seller net sheet
A $1,565,000 sale, close to San Mateo's median home value of $1,563,200, with a 5% commission and a $940,000 mortgage payoff. Seller costs come to about $83,989, or 5.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $1,565,000 |
| First mortgage payoff | −$940,000 |
| Real estate commission (5%) | −$78,250 |
| County documentary transfer tax | −$1,721.50 |
| City of San Mateo transfer tax | −$3,912.50 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $541,011 |
Who pays what in San Mateo
San Mateo closings follow San Mateo County customs. In San Mateo County, the buyer customarily pays the owner's title policy. The escrow fee is customarily paid by the buyer. Closings are usually handled by an escrow company.
Property taxes in San Mateo
The median property tax bill for homeowners in San Mateo is $9,646 a year, about 0.62% of the median home value of $1,563,200 (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.
San Mateo seller questions
How much is the transfer tax in San Mateo, California?
On a $1,565,000 sale in San Mateo, transfer taxes come to $9,547: County documentary transfer tax and City of San Mateo transfer tax. By custom the seller pays $5,634 of that and the buyer $3,913. San Mateo has its own local transfer tax, so the total differs from the rest of San Mateo County, where the same sale would owe $1,722.
How much are seller closing costs in San Mateo?
On a $1,565,000 sale, close to the median home value in San Mateo, with a 5% commission, estimated seller costs are about $83,989 (5.4% of the price). Without commission they are about $5,739. The loan payoff and property tax proration change the final number.
What county is San Mateo in, and does it matter at closing?
San Mateo is in San Mateo County, California. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In San Mateo County, the buyer customarily pays the owner's title policy. The escrow fee is customarily paid by the buyer.
How much are property taxes in San Mateo?
The median property tax bill for homeowners in San Mateo is $9,646 a year, about 0.62% of the median home value of $1,563,200 (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.
Other cities in San Mateo County
- Daly City
- Redwood City
- South San Francisco
- San Bruno
- Pacifica
- Menlo Park
- Foster City
- Burlingame
- San Carlos
- East Palo Alto
- Belmont
- Millbrae
Cities near San Mateo
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