Free Methuen, Massachusetts seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Methuen, Massachusetts (Essex County). The calculator applies the local rates for you.
- County
- Essex County
- Transfer tax on $585,000
- $2,668
- Seller costs on $585,000
- About $33,273
Methuen transfer tax
On a $585,000 sale in Methuen, transfer taxes come to $2,668: Deeds excise tax. By custom the seller pays it.
| Tax | Rate | Paid by | On $585,000 |
|---|---|---|---|
| Deeds excise tax | $4.56 per $1,000 ($2.28 per $500) | Seller | $2,667.60 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,140 | $0 | $1,140 |
| $500,000 | $2,280 | $0 | $2,280 |
| $585,000 local median value | $2,667.60 | $0 | $2,667.60 |
| $1,000,000 | $4,560 | $0 | $4,560 |
Example Methuen seller net sheet
A $585,000 sale with a 5% commission and a $350,000 mortgage payoff. Seller costs come to about $33,273, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $585,000 |
| First mortgage payoff | −$350,000 |
| Real estate commission (5%) | −$29,250 |
| Deeds excise tax | −$2,667.60 |
| Settlement / closing fee | −$300 |
| Seller's attorney fee | −$900 |
| Release / satisfaction recording | −$105 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $201,727.40 |
Who pays what in Methuen
Methuen closings follow Essex County customs. In Essex 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 an attorney, and each side normally has its own attorney.
Property taxes in Methuen
Property taxes in Methuen run about 1.1% of value a year. 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, quarterly bills (Aug, Nov, Feb, May) paid in advance of each quarter; seller is credited for the prepaid portion. Across Essex County the median tax bill is $6,267 a year on a median home value of $584,000 (Census Bureau American Community Survey, 2019-2023).
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.
Methuen seller questions
How much is the transfer tax in Methuen, Massachusetts?
On a $585,000 sale in Methuen, transfer taxes come to $2,668: Deeds excise tax. By custom the seller pays it.
How much are seller closing costs in Methuen?
On a $585,000 sale with a 5% commission, estimated seller costs are about $33,273 (5.7% of the price). Without commission they are about $4,023. The loan payoff and property tax proration change the final number.
What county is Methuen in, and does it matter at closing?
Methuen is in Essex County, Massachusetts. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Essex 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 Methuen?
Property taxes in Methuen run about 1.1% of value a year. 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, quarterly bills (Aug, Nov, Feb, May) paid in advance of each quarter; seller is credited for the prepaid portion. Across Essex County the median tax bill is $6,267 a year on a median home value of $584,000 (Census Bureau American Community Survey, 2019-2023).
Other cities in Essex County
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