Free Smithville, Missouri seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Smithville, Missouri (Clay County). The calculator applies the local rates for you.
- Median home value
- $272,500
- Transfer tax on $275,000
- None
- Seller costs on $275,000
- About $15,166
- Median property tax bill
- $2,717 a year
- County
- Clay County
- Population
- 10,971
Smithville transfer tax
Missouri does not charge a real estate transfer tax, so there is none to pay on a home sale in Smithville.
Example Smithville seller net sheet
A $275,000 sale, close to Smithville's median home value of $272,500, with a 5% commission and a $165,000 mortgage payoff. Seller costs come to about $15,166, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $275,000 |
| First mortgage payoff | −$165,000 |
| Real estate commission (5%) | −$13,750 |
| Owner's title insurance policy | −$993.75 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$27 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $94,834.25 |
Who pays what in Smithville
Smithville closings follow Clay County customs. In Clay County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by a title company.
Property taxes in Smithville
The median property tax bill for homeowners in Smithville is $2,717 a year, about 1% of the median home value of $272,500 (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, due Dec 31 (in arrears); seller credits buyer for Jan 1 through closing.
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.
Smithville seller questions
How much is the transfer tax in Smithville, Missouri?
Missouri does not charge a real estate transfer tax, so there is none to pay on a home sale in Smithville.
How much are seller closing costs in Smithville?
On a $275,000 sale, close to the median home value in Smithville, with a 5% commission, estimated seller costs are about $15,166 (5.5% of the price). Without commission they are about $1,416. The loan payoff and property tax proration change the final number.
What county is Smithville in, and does it matter at closing?
Smithville is in Clay County, Missouri. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Clay County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Smithville?
The median property tax bill for homeowners in Smithville is $2,717 a year, about 1% of the median home value of $272,500 (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, due Dec 31 (in arrears); seller credits buyer for Jan 1 through closing.
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