Free Morgan City, Louisiana seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Morgan City, Louisiana (St. Mary Parish). The calculator applies the local rates for you.
- Median home value
- $146,100
- Transfer tax on $145,000
- None
- Seller costs on $145,000
- About $7,595
- Median property tax bill
- $465 a year
- County
- St. Mary Parish
- Population
- 10,813
Morgan City transfer tax
There is no transfer tax on a typical home sale in Morgan City.
Example Morgan City seller net sheet
A $145,000 sale, close to Morgan City's median home value of $146,100, with a 5% commission and an $85,000 mortgage payoff. Seller costs come to about $7,595, or 5.2% of the price.
| Line | Seller |
|---|---|
| Sale price | $145,000 |
| First mortgage payoff | −$85,000 |
| Real estate commission (5%) | −$7,250 |
| Seller's attorney fee | −$250 |
| Release / satisfaction recording | −$55 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $52,405 |
Who pays what in Morgan City
Morgan City closings follow St. Mary Parish customs. In St. Mary Parish, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Morgan City
The median property tax bill for homeowners in Morgan City is $465 a year, about 0.32% of the median home value of $146,100 (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. Parish bills issued Nov-Dec for the calendar year (Orleans bills in Jan in advance); seller credits buyer when unpaid.
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.
Morgan City seller questions
How much is the transfer tax in Morgan City, Louisiana?
There is no transfer tax on a typical home sale in Morgan City.
How much are seller closing costs in Morgan City?
On a $145,000 sale, close to the median home value in Morgan City, with a 5% commission, estimated seller costs are about $7,595 (5.2% of the price). Without commission they are about $345. The loan payoff and property tax proration change the final number.
What county is Morgan City in, and does it matter at closing?
Morgan City is in St. Mary Parish, Louisiana. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In St. Mary Parish, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Morgan City?
The median property tax bill for homeowners in Morgan City is $465 a year, about 0.32% of the median home value of $146,100 (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. Parish bills issued Nov-Dec for the calendar year (Orleans bills in Jan in advance); seller credits buyer when unpaid.
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