Free Grand Island, Nebraska seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Grand Island, Nebraska (Hall County). The calculator applies the local rates for you.
- Median home value
- $202,600
- Transfer tax on $205,000
- $681
- Seller costs on $205,000
- About $11,691
- Median property tax bill
- $2,844 a year
- County
- Hall County
- Population
- 53,250
Grand Island transfer tax
On a $205,000 sale in Grand Island, transfer taxes come to $681: Documentary stamp tax. By custom the seller pays it.
| Tax | Rate | Paid by | On $205,000 |
|---|---|---|---|
| Documentary stamp tax | $3.32 per $1,000 | Seller | $680.60 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $205,000 local median value | $680.60 | $0 | $680.60 |
| $250,000 | $830 | $0 | $830 |
| $500,000 | $1,660 | $0 | $1,660 |
| $1,000,000 | $3,320 | $0 | $3,320 |
Example Grand Island seller net sheet
A $205,000 sale, close to Grand Island's median home value of $202,600, with a 5% commission and a $125,000 mortgage payoff. Seller costs come to about $11,691, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $205,000 |
| First mortgage payoff | −$125,000 |
| Real estate commission (5%) | −$10,250 |
| Documentary stamp tax | −$680.60 |
| Owner's title insurance policy | −$395.63 |
| Settlement / closing fee | −$300 |
| Release / satisfaction recording | −$20 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $68,308.77 |
Who pays what in Grand Island
Grand Island closings follow Hall County customs. In Hall County, the buyer and seller customarily split 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 Grand Island
The median property tax bill for homeowners in Grand Island is $2,844 a year, about 1.4% of the median home value of $202,600 (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. Taxes are paid the following year (halves Apr 1 / Aug 1); seller credits buyer for prior-year unpaid taxes plus 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.
Grand Island seller questions
How much is the transfer tax in Grand Island, Nebraska?
On a $205,000 sale in Grand Island, transfer taxes come to $681: Documentary stamp tax. By custom the seller pays it.
How much are seller closing costs in Grand Island?
On a $205,000 sale, close to the median home value in Grand Island, with a 5% commission, estimated seller costs are about $11,691 (5.7% of the price). Without commission they are about $1,441. The loan payoff and property tax proration change the final number.
What county is Grand Island in, and does it matter at closing?
Grand Island is in Hall County, Nebraska. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Hall County, the buyer and seller customarily split the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Grand Island?
The median property tax bill for homeowners in Grand Island is $2,844 a year, about 1.4% of the median home value of $202,600 (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. Taxes are paid the following year (halves Apr 1 / Aug 1); seller credits buyer for prior-year unpaid taxes plus Jan 1 through closing.
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