Free Middletown, Connecticut seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Middletown, Connecticut (Lower Connecticut River Valley Planning Region). The calculator applies the local rates for you.
- Median home value
- $279,500
- Transfer tax on $280,000
- $3,500
- Seller costs on $280,000
- About $18,810
- Median property tax bill
- $6,371 a year
- County
- Lower Connecticut River Valley Planning Region
- Population
- 48,616
Middletown transfer tax
On a $280,000 sale in Middletown, transfer taxes come to $3,500: State conveyance tax (residential) and Municipal conveyance tax (targeted investment community, 0.5%). By custom the seller pays it. Middletown has its own local transfer tax, so the total differs from the rest of Lower Connecticut River Valley Planning Region, where the same sale would owe $2,800.
| Tax | Rate | Paid by | On $280,000 |
|---|---|---|---|
| State conveyance tax (residential) | 0.75% to $800K, 1.25% to $2.5M, 2.25% above (marginal) | Seller | $2,100 |
| Municipal conveyance tax (targeted investment community, 0.5%) | 0.5% (0.25% base + 0.25% local option) | Seller | $1,400 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $3,125 | $0 | $3,125 |
| $280,000 local median value | $3,500 | $0 | $3,500 |
| $500,000 | $6,250 | $0 | $6,250 |
| $1,000,000 | $13,500 | $0 | $13,500 |
Example Middletown seller net sheet
A $280,000 sale, close to Middletown's median home value of $279,500, with a 5% commission and a $170,000 mortgage payoff. Seller costs come to about $18,810, or 6.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $280,000 |
| First mortgage payoff | −$170,000 |
| Real estate commission (5%) | −$14,000 |
| State conveyance tax (residential) | −$2,100 |
| Municipal conveyance tax (targeted investment community, 0.5%) | −$1,400 |
| Settlement / closing fee | −$200 |
| Seller's attorney fee | −$1,000 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $91,190 |
Who pays what in Middletown
Middletown closings follow Lower Connecticut River Valley Planning Region customs. In Lower Connecticut River Valley Planning Region, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Middletown
The median property tax bill for homeowners in Middletown is $6,371 a year, about 2.28% of the median home value of $279,500 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, paid in two installments (Jul 1 and Jan 1) in advance; seller is credited for the prepaid portion.
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.
Middletown seller questions
How much is the transfer tax in Middletown, Connecticut?
On a $280,000 sale in Middletown, transfer taxes come to $3,500: State conveyance tax (residential) and Municipal conveyance tax (targeted investment community, 0.5%). By custom the seller pays it. Middletown has its own local transfer tax, so the total differs from the rest of Lower Connecticut River Valley Planning Region, where the same sale would owe $2,800.
How much are seller closing costs in Middletown?
On a $280,000 sale, close to the median home value in Middletown, with a 5% commission, estimated seller costs are about $18,810 (6.7% of the price). Without commission they are about $4,810. The loan payoff and property tax proration change the final number.
What county is Middletown in, and does it matter at closing?
Middletown is in Lower Connecticut River Valley Planning Region, Connecticut. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Lower Connecticut River Valley Planning Region, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing.
How much are property taxes in Middletown?
The median property tax bill for homeowners in Middletown is $6,371 a year, about 2.28% of the median home value of $279,500 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, paid in two installments (Jul 1 and Jan 1) in advance; seller is credited for the prepaid portion.
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