Free Ramsey County, Minnesota seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Ramsey County. The calculator applies Minnesota and Ramsey County rates for you.
- Median home value
- $304,900
- Transfer tax on $305,000
- $1,037
- Seller costs on $305,000
- About $17,793
- Median property tax bill
- $3,767 a year
- Owner's title policy
- Seller pays
- Population
- 544,438
Ramsey County transfer tax
On a $305,000 sale in Ramsey County, transfer taxes come to $1,037: State deed tax + Environmental Response Fund (Hennepin/Ramsey). By custom the seller pays it. A buyer who finances 80% of the price also pays $586 in mortgage taxes (Mortgage registry tax + ERF (Hennepin/Ramsey)).
| Tax | Rate | Paid by | On $305,000 |
|---|---|---|---|
| State deed tax + Environmental Response Fund (Hennepin/Ramsey) | 0.34% (0.33% + 0.01% ERF) | Seller | $1,037 |
| Mortgage registry tax + ERF (Hennepin/Ramsey) | 0.24% | Buyer | $585.60 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $850 | $0 | $850 |
| $305,000 local median value | $1,037 | $0 | $1,037 |
| $500,000 | $1,700 | $0 | $1,700 |
| $1,000,000 | $3,400 | $0 | $3,400 |
Example Ramsey County seller net sheet
A $305,000 sale, close to the county's median home value of $304,900, with a 5% commission and a $185,000 mortgage payoff. Seller costs come to about $17,793, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $305,000 |
| First mortgage payoff | −$185,000 |
| Real estate commission (5%) | −$15,250 |
| State deed tax + Environmental Response Fund (Hennepin/Ramsey) | −$1,037 |
| Owner's title insurance policy | −$1,015 |
| Settlement / closing fee | −$400 |
| Release / satisfaction recording | −$46 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $102,207 |
Who pays what in Ramsey County
In Ramsey 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 Ramsey County
The median property tax bill for homeowners in Ramsey County is $3,767 a year, about 1.24% of the median home value of $304,900 (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.
Ramsey County seller questions
How much is the transfer tax in Ramsey County, Minnesota?
On a $305,000 sale in Ramsey County, transfer taxes come to $1,037: State deed tax + Environmental Response Fund (Hennepin/Ramsey). By custom the seller pays it. A buyer who finances 80% of the price also pays $586 in mortgage taxes (Mortgage registry tax + ERF (Hennepin/Ramsey)).
How much are seller closing costs in Ramsey County?
On a $305,000 sale, close to the median home value in Ramsey County, with a 5% commission, estimated seller costs are about $17,793 (5.8% of the price). Without commission they are about $2,543. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Ramsey County?
In Ramsey 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.
How much are property taxes in Ramsey County?
The median property tax bill for homeowners in Ramsey County is $3,767 a year, about 1.24% of the median home value of $304,900 (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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