Free Brooklyn Park, Maryland seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Brooklyn Park, Maryland (Anne Arundel County). The calculator applies the local rates for you.
- Median home value
- $258,900
- Transfer tax on $260,000
- $5,720
- Seller costs on $260,000
- About $16,320
- Median property tax bill
- $2,392 a year
- County
- Anne Arundel County
- Population
- 15,799
Brooklyn Park transfer tax
On a $260,000 sale in Brooklyn Park, transfer taxes come to $5,720: State transfer tax, Recordation tax (Anne Arundel County) and County transfer tax (Anne Arundel County). By custom the seller pays $2,860 of that and the buyer $2,860.
| Tax | Rate | Paid by | On $260,000 |
|---|---|---|---|
| State transfer tax | 0.5% | Split 50/50 | $1,300 |
| Recordation tax (Anne Arundel County) | $3.50 per $500 | Split 50/50 | $1,820 |
| County transfer tax (Anne Arundel County) | 1%; 1.5% at $1M or more | Split 50/50 | $2,600 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $2,750 | $2,750 | $5,500 |
| $260,000 local median value | $2,860 | $2,860 | $5,720 |
| $500,000 | $5,500 | $5,500 | $11,000 |
| $1,000,000 | $13,500 | $13,500 | $27,000 |
Example Brooklyn Park seller net sheet
A $260,000 sale, close to Brooklyn Park's median home value of $258,900, with a 5% commission and a $155,000 mortgage payoff. Seller costs come to about $16,320, or 6.3% of the price.
| Line | Seller |
|---|---|
| Sale price | $260,000 |
| First mortgage payoff | −$155,000 |
| Real estate commission (5%) | −$13,000 |
| State transfer tax | −$650 |
| Recordation tax (Anne Arundel County) | −$910 |
| County transfer tax (Anne Arundel County) | −$1,300 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $88,680 |
Who pays what in Brooklyn Park
Brooklyn Park closings follow Anne Arundel County customs. In Anne Arundel County, 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 a title company or attorney.
Property taxes in Brooklyn Park
The median property tax bill for homeowners in Brooklyn Park is $2,392 a year, about 0.92% of the median home value of $258,900 (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, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
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.
Brooklyn Park seller questions
How much is the transfer tax in Brooklyn Park, Maryland?
On a $260,000 sale in Brooklyn Park, transfer taxes come to $5,720: State transfer tax, Recordation tax (Anne Arundel County) and County transfer tax (Anne Arundel County). By custom the seller pays $2,860 of that and the buyer $2,860.
How much are seller closing costs in Brooklyn Park?
On a $260,000 sale, close to the median home value in Brooklyn Park, with a 5% commission, estimated seller costs are about $16,320 (6.3% of the price). Without commission they are about $3,320. The loan payoff and property tax proration change the final number.
What county is Brooklyn Park in, and does it matter at closing?
Brooklyn Park is in Anne Arundel County, Maryland. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Anne Arundel County, 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 Brooklyn Park?
The median property tax bill for homeowners in Brooklyn Park is $2,392 a year, about 0.92% of the median home value of $258,900 (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, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
Other cities in Anne Arundel County
- Glen Burnie
- Severn
- Odenton
- Annapolis
- Severna Park
- Pasadena
- Crofton
- Arnold
- Maryland City
- Lake Shore
- Parole
- Ferndale
Cities near Brooklyn Park
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