Free Roscoe, Illinois seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Roscoe, Illinois (Winnebago County). The calculator applies the local rates for you.
- Median home value
- $215,200
- Transfer tax on $215,000
- $323
- Seller costs on $215,000
- About $14,040
- Median property tax bill
- $5,815 a year
- County
- Winnebago County
- Population
- 10,981
Roscoe transfer tax
On a $215,000 sale in Roscoe, transfer taxes come to $323: State real estate transfer tax and County real estate transfer tax. By custom the seller pays it.
| Tax | Rate | Paid by | On $215,000 |
|---|---|---|---|
| State real estate transfer tax | $0.50 per $500 | Seller | $215 |
| County real estate transfer tax | $0.25 per $500 | Seller | $107.50 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $215,000 local median value | $322.50 | $0 | $322.50 |
| $250,000 | $375 | $0 | $375 |
| $500,000 | $750 | $0 | $750 |
| $1,000,000 | $1,500 | $0 | $1,500 |
Example Roscoe seller net sheet
A $215,000 sale, close to Roscoe's median home value of $215,200, with a 5% commission and a $130,000 mortgage payoff. Seller costs come to about $14,040, or 6.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $215,000 |
| First mortgage payoff | −$130,000 |
| Real estate commission (5%) | −$10,750 |
| State real estate transfer tax | −$215 |
| County real estate transfer tax | −$107.50 |
| Owner's title insurance policy | −$960 |
| Settlement / closing fee | −$600 |
| Seller's attorney fee | −$700 |
| Survey | −$550 |
| Release / satisfaction recording | −$107 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $70,960.50 |
Who pays what in Roscoe
Roscoe closings follow Winnebago County customs. In Winnebago County, the seller 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 Roscoe
The median property tax bill for homeowners in Roscoe is $5,815 a year, about 2.7% of the median home value of $215,200 (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. Taxes are paid a year in arrears (Cook County installments Mar 1 and Aug 1 for the prior year); the seller credits the buyer for the prior year if unpaid plus Jan 1 through closing, customarily at 105%-110% of the last bill.
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 title company.
Roscoe seller questions
How much is the transfer tax in Roscoe, Illinois?
On a $215,000 sale in Roscoe, transfer taxes come to $323: State real estate transfer tax and County real estate transfer tax. By custom the seller pays it.
How much are seller closing costs in Roscoe?
On a $215,000 sale, close to the median home value in Roscoe, with a 5% commission, estimated seller costs are about $14,040 (6.5% of the price). Without commission they are about $3,290. The loan payoff and property tax proration change the final number.
What county is Roscoe in, and does it matter at closing?
Roscoe is in Winnebago County, Illinois. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Winnebago County, the seller 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 Roscoe?
The median property tax bill for homeowners in Roscoe is $5,815 a year, about 2.7% of the median home value of $215,200 (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. Taxes are paid a year in arrears (Cook County installments Mar 1 and Aug 1 for the prior year); the seller credits the buyer for the prior year if unpaid plus Jan 1 through closing, customarily at 105%-110% of the last bill.
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