Free Madison County, North Carolina seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Madison County. The calculator applies North Carolina and Madison County rates for you.
- Median home value
- $263,500
- Transfer tax on $265,000
- $530
- Seller costs on $265,000
- About $14,151
- Median property tax bill
- $1,307 a year
- Owner's title policy
- Buyer pays
- Population
- 21,640
Madison County transfer tax
On a $265,000 sale in Madison County, transfer taxes come to $530: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
| Tax | Rate | Paid by | On $265,000 |
|---|---|---|---|
| Excise tax on conveyances (revenue stamps) | $1.00 per $500 | Seller | $530 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $500 | $0 | $500 |
| $265,000 local median value | $530 | $0 | $530 |
| $500,000 | $1,000 | $0 | $1,000 |
| $1,000,000 | $2,000 | $0 | $2,000 |
Example Madison County seller net sheet
A $265,000 sale, close to the county's median home value of $263,500, with a 5% commission and a $160,000 mortgage payoff. Seller costs come to about $14,151, or 5.3% of the price.
| Line | Seller |
|---|---|
| Sale price | $265,000 |
| First mortgage payoff | −$160,000 |
| Real estate commission (5%) | −$13,250 |
| Excise tax on conveyances (revenue stamps) | −$530 |
| Seller's attorney fee | −$300 |
| Release / satisfaction recording | −$26 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $90,849 |
Who pays what in Madison County
In Madison 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 Madison County
The median property tax bill for homeowners in Madison County is $1,307 a year, about 0.5% of the median home value of $263,500 (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. 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.
Madison County seller questions
How much is the transfer tax in Madison County, North Carolina?
On a $265,000 sale in Madison County, transfer taxes come to $530: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
How much are seller closing costs in Madison County?
On a $265,000 sale, close to the median home value in Madison County, with a 5% commission, estimated seller costs are about $14,151 (5.3% of the price). Without commission they are about $901. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Madison County?
In Madison 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.
How much are property taxes in Madison County?
The median property tax bill for homeowners in Madison County is $1,307 a year, about 0.5% of the median home value of $263,500 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
Build your Madison County net sheet in minutes.
Free to use. No account needed to try it.