Free Santa Monica, California seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Santa Monica, California (Los Angeles County). The calculator applies the local rates for you.
- Median home value
- $1,810,200
- Transfer tax on $1,810,000
- $7,421
- Seller costs on $1,810,000
- About $103,384
- Median property tax bill
- more than $10,000 a year
- County
- Los Angeles County
- Population
- 90,729
Santa Monica transfer tax
On a $1,810,000 sale in Santa Monica, transfer taxes come to $7,421: County documentary transfer tax and Santa Monica transfer tax. By custom the seller pays it. Santa Monica has its own local transfer tax, so the total differs from the rest of Los Angeles County, where the same sale would owe $1,991.
| Tax | Rate | Paid by | On $1,810,000 |
|---|---|---|---|
| County documentary transfer tax | $1.10 per $1,000 ($0.55 per $500) | Seller | $1,991 |
| Santa Monica transfer tax | $3 per $1,000 under $5M; $6 per $1,000 $5M-$8M; 5.6% at $8M+ (Measure GS) | Seller | $5,430 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,025 | $0 | $1,025 |
| $500,000 | $2,050 | $0 | $2,050 |
| $1,000,000 | $4,100 | $0 | $4,100 |
| $1,810,000 local median value | $7,421 | $0 | $7,421 |
Example Santa Monica seller net sheet
A $1,810,000 sale, close to Santa Monica's median home value of $1,810,200, with a 5% commission and a $1,085,000 mortgage payoff. Seller costs come to about $103,384, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $1,810,000 |
| First mortgage payoff | −$1,085,000 |
| Real estate commission (5%) | −$90,500 |
| County documentary transfer tax | −$1,991 |
| Santa Monica transfer tax | −$5,430 |
| Owner's title insurance policy | −$4,607.50 |
| Escrow fee | −$750 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $621,616.50 |
Who pays what in Santa Monica
Santa Monica closings follow Los Angeles County customs. In Los Angeles County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller. Closings are usually handled by an escrow company.
Property taxes in Santa Monica
The median property tax bill for homeowners in Santa Monica is more than $10,000 a year (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.
Santa Monica seller questions
How much is the transfer tax in Santa Monica, California?
On a $1,810,000 sale in Santa Monica, transfer taxes come to $7,421: County documentary transfer tax and Santa Monica transfer tax. By custom the seller pays it. Santa Monica has its own local transfer tax, so the total differs from the rest of Los Angeles County, where the same sale would owe $1,991.
How much are seller closing costs in Santa Monica?
On a $1,810,000 sale, close to the median home value in Santa Monica, with a 5% commission, estimated seller costs are about $103,384 (5.7% of the price). Without commission they are about $12,884. The loan payoff and property tax proration change the final number.
What county is Santa Monica in, and does it matter at closing?
Santa Monica is in Los Angeles County, California. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Los Angeles County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller.
How much are property taxes in Santa Monica?
The median property tax bill for homeowners in Santa Monica is more than $10,000 a year (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 Los Angeles County
- Los Angeles
- Long Beach
- Santa Clarita
- Glendale
- Lancaster
- Palmdale
- Pomona
- Torrance
- Pasadena
- East Los Angeles
- Downey
- West Covina
Cities near Santa Monica
Build your Santa Monica net sheet in minutes.
Free to use. No account needed to try it.