Free Essex, Maryland seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Essex, Maryland (Baltimore County). The calculator applies the local rates for you.
- Median home value
- $253,500
- Transfer tax on $255,000
- $6,045
- Seller costs on $255,000
- About $16,233
- Median property tax bill
- $2,895 a year
- County
- Baltimore County
- Population
- 40,670
Essex transfer tax
On a $255,000 sale in Essex, transfer taxes come to $6,045: State transfer tax, Recordation tax (Baltimore County) and County transfer tax (Baltimore County, principal residence). By custom the seller pays $3,023 of that and the buyer $3,023.
| Tax | Rate | Paid by | On $255,000 |
|---|---|---|---|
| State transfer tax | 0.5% | Split 50/50 | $1,275 |
| Recordation tax (Baltimore County) | $2.50 per $500 | Split 50/50 | $1,275 |
| County transfer tax (Baltimore County, principal residence) | 1.5% above $22,000 | Split 50/50 | $3,495 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $2,960 | $2,960 | $5,920 |
| $255,000 local median value | $3,022.50 | $3,022.50 | $6,045 |
| $500,000 | $6,085 | $6,085 | $12,170 |
| $1,000,000 | $12,335 | $12,335 | $24,670 |
Example Essex seller net sheet
A $255,000 sale, close to Essex's median home value of $253,500, with a 5% commission and a $155,000 mortgage payoff. Seller costs come to about $16,233, or 6.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $255,000 |
| First mortgage payoff | −$155,000 |
| Real estate commission (5%) | −$12,750 |
| State transfer tax | −$637.50 |
| Recordation tax (Baltimore County) | −$637.50 |
| County transfer tax (Baltimore County, principal residence) | −$1,747.50 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $83,767.50 |
Who pays what in Essex
Essex closings follow Baltimore County customs. In Baltimore 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 Essex
The median property tax bill for homeowners in Essex is $2,895 a year, about 1.14% of the median home value of $253,500 (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, 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.
Essex seller questions
How much is the transfer tax in Essex, Maryland?
On a $255,000 sale in Essex, transfer taxes come to $6,045: State transfer tax, Recordation tax (Baltimore County) and County transfer tax (Baltimore County, principal residence). By custom the seller pays $3,023 of that and the buyer $3,023.
How much are seller closing costs in Essex?
On a $255,000 sale, close to the median home value in Essex, with a 5% commission, estimated seller costs are about $16,233 (6.4% of the price). Without commission they are about $3,483. The loan payoff and property tax proration change the final number.
What county is Essex in, and does it matter at closing?
Essex is in Baltimore County, Maryland. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Baltimore 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 Essex?
The median property tax bill for homeowners in Essex is $2,895 a year, about 1.14% of the median home value of $253,500 (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, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
Other cities in Baltimore County
- Dundalk
- Towson
- Catonsville
- Woodlawn
- Randallstown
- Owings Mills
- Pikesville
- Milford Mill
- Middle River
- Parkville
- Perry Hall
- Carney
Cities near Essex
Build your Essex net sheet in minutes.
Free to use. No account needed to try it.