Free Hugo, Minnesota seller net sheet calculator

Closing costs, transfer taxes and who pays what when selling a home in Hugo, Minnesota (Washington County). The calculator applies the local rates for you.

Calculate your Hugo net sheet

Median home value
$394,200
Transfer tax on $395,000
$1,304
Seller costs on $395,000
About $22,830
Median property tax bill
$3,889 a year
County
Washington County
Population
16,765

Hugo transfer tax

On a $395,000 sale in Hugo, transfer taxes come to $1,304: State deed tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $727 in mortgage taxes (Mortgage registry tax).

TaxRatePaid byOn $395,000
State deed tax0.33%Seller$1,303.50
Mortgage registry tax0.23%Buyer$726.80
Single-family home, buyer financing 80% of the price. Who pays follows local custom and can be negotiated in the contract.
Sale priceSeller paysBuyer paysTotal
$250,000$825$0$825
$395,000 local median value$1,303.50$0$1,303.50
$500,000$1,650$0$1,650
$1,000,000$3,300$0$3,300
Transfer taxes on the deed, split by local custom.

Example Hugo seller net sheet

A $395,000 sale, close to Hugo's median home value of $394,200, with a 5% commission and a $235,000 mortgage payoff. Seller costs come to about $22,830, or 5.8% of the price.

LineSeller
Sale price$395,000
First mortgage payoff−$235,000
Real estate commission (5%)−$19,750
State deed tax−$1,303.50
Owner's title insurance policy−$1,285
Settlement / closing fee−$400
Release / satisfaction recording−$46
Wire / courier / payoff processing−$45
Estimated net before property tax prorations$137,170.50
Title and settlement fees are typical estimates, not quotes.

Run it with your own numbers.

Who pays what in Hugo

Hugo closings follow Washington County customs. In Washington 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 a title company.

Property taxes in Hugo

The median property tax bill for homeowners in Hugo is $3,889 a year, about 0.99% of the median home value of $394,200 (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. Calendar year; halves due May 15 and Oct 15; seller pays through closing for any unpaid half.

Rates verified 2026-09-29. 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.

Hugo seller questions

How much is the transfer tax in Hugo, Minnesota?

On a $395,000 sale in Hugo, transfer taxes come to $1,304: State deed tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $727 in mortgage taxes (Mortgage registry tax).

How much are seller closing costs in Hugo?

On a $395,000 sale, close to the median home value in Hugo, with a 5% commission, estimated seller costs are about $22,830 (5.8% of the price). Without commission they are about $3,080. The loan payoff and property tax proration change the final number.

What county is Hugo in, and does it matter at closing?

Hugo is in Washington County, Minnesota. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Washington 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 Hugo?

The median property tax bill for homeowners in Hugo is $3,889 a year, about 0.99% of the median home value of $394,200 (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. Calendar year; halves due May 15 and Oct 15; seller pays through closing for any unpaid half.

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