Free Mount Vernon, New York seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Mount Vernon, New York (Westchester County). The calculator applies the local rates for you.
- Median home value
- $449,600
- Transfer tax on $450,000
- $7,800
- Seller costs on $450,000
- About $32,185
- Median property tax bill
- more than $10,000 a year
- County
- Westchester County
- Population
- 71,999
Mount Vernon transfer tax
On a $450,000 sale in Mount Vernon, transfer taxes come to $7,800: NY State real estate transfer tax and City of Mount Vernon transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $3,750 in mortgage taxes (Mortgage recording tax (Westchester / Rockland)). Mount Vernon has its own local transfer tax, so the total differs from the rest of Westchester County, where the same sale would owe $1,800.
| Tax | Rate | Paid by | On $450,000 |
|---|---|---|---|
| NY State real estate transfer tax | $2.00 per $500 | Seller | $1,800 |
| City of Mount Vernon transfer tax | 1.5% of the price above $50,000 | Seller | $6,000 |
| Mortgage recording tax (Westchester / Rockland) | 1.05% borrower (1.30% total) | Buyer | $3,750 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $4,000 | $0 | $4,000 |
| $450,000 local median value | $7,800 | $0 | $7,800 |
| $500,000 | $8,750 | $0 | $8,750 |
| $1,000,000 | $18,250 | $10,000 | $28,250 |
Example Mount Vernon seller net sheet
A $450,000 sale, close to Mount Vernon's median home value of $449,600, with a 5% commission and a $270,000 mortgage payoff. Seller costs come to about $32,185, or 7.2% of the price.
| Line | Seller |
|---|---|
| Sale price | $450,000 |
| First mortgage payoff | −$270,000 |
| Real estate commission (5%) | −$22,500 |
| NY State real estate transfer tax | −$1,800 |
| City of Mount Vernon transfer tax | −$6,000 |
| Settlement / closing fee | −$250 |
| Seller's attorney fee | −$1,500 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $147,815 |
Who pays what in Mount Vernon
Mount Vernon closings follow Westchester County customs. In Westchester 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 Mount Vernon
The median property tax bill for homeowners in Mount Vernon is more than $10,000 a year (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
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.
Mount Vernon seller questions
How much is the transfer tax in Mount Vernon, New York?
On a $450,000 sale in Mount Vernon, transfer taxes come to $7,800: NY State real estate transfer tax and City of Mount Vernon transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $3,750 in mortgage taxes (Mortgage recording tax (Westchester / Rockland)). Mount Vernon has its own local transfer tax, so the total differs from the rest of Westchester County, where the same sale would owe $1,800.
How much are seller closing costs in Mount Vernon?
On a $450,000 sale, close to the median home value in Mount Vernon, with a 5% commission, estimated seller costs are about $32,185 (7.2% of the price). Without commission they are about $9,685. The loan payoff and property tax proration change the final number.
What county is Mount Vernon in, and does it matter at closing?
Mount Vernon is in Westchester County, New York. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Westchester 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 Mount Vernon?
The median property tax bill for homeowners in Mount Vernon is more than $10,000 a year (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
Other cities in Westchester County
- Yonkers
- Greenburgh
- New Rochelle
- White Plains
- Mount Pleasant
- Cortlandt
- Yorktown
- Harrison
- Port Chester
- Ossining
- Peekskill
- Somers
Cities near Mount Vernon
Build your Mount Vernon net sheet in minutes.
Free to use. No account needed to try it.