Free Kinston, North Carolina seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Kinston, North Carolina (Lenoir County). The calculator applies the local rates for you.
- Median home value
- $108,300
- Transfer tax on $110,000
- $220
- Seller costs on $110,000
- About $6,091
- Median property tax bill
- $1,201 a year
- County
- Lenoir County
- Population
- 19,519
Kinston transfer tax
On a $110,000 sale in Kinston, transfer taxes come to $220: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
| Tax | Rate | Paid by | On $110,000 |
|---|---|---|---|
| Excise tax on conveyances (revenue stamps) | $1.00 per $500 | Seller | $220 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $110,000 local median value | $220 | $0 | $220 |
| $250,000 | $500 | $0 | $500 |
| $500,000 | $1,000 | $0 | $1,000 |
| $1,000,000 | $2,000 | $0 | $2,000 |
Example Kinston seller net sheet
A $110,000 sale, close to Kinston's median home value of $108,300, with a 5% commission and a $65,000 mortgage payoff. Seller costs come to about $6,091, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $110,000 |
| First mortgage payoff | −$65,000 |
| Real estate commission (5%) | −$5,500 |
| Excise tax on conveyances (revenue stamps) | −$220 |
| Seller's attorney fee | −$300 |
| Release / satisfaction recording | −$26 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $38,909 |
Who pays what in Kinston
Kinston closings follow Lenoir County customs. In Lenoir County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Kinston
The median property tax bill for homeowners in Kinston is $1,201 a year, about 1.11% of the median home value of $108,300 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
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.
Kinston seller questions
How much is the transfer tax in Kinston, North Carolina?
On a $110,000 sale in Kinston, transfer taxes come to $220: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
How much are seller closing costs in Kinston?
On a $110,000 sale, close to the median home value in Kinston, with a 5% commission, estimated seller costs are about $6,091 (5.5% of the price). Without commission they are about $591. The loan payoff and property tax proration change the final number.
What county is Kinston in, and does it matter at closing?
Kinston is in Lenoir County, North Carolina. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Lenoir County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Kinston?
The median property tax bill for homeowners in Kinston is $1,201 a year, about 1.11% of the median home value of $108,300 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
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