Free Myrtle Grove, North Carolina seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Myrtle Grove, North Carolina (New Hanover County). The calculator applies the local rates for you.
- Median home value
- $398,600
- Transfer tax on $400,000
- $800
- Seller costs on $400,000
- About $21,171
- Median property tax bill
- $1,960 a year
- County
- New Hanover County
- Population
- 12,404
Myrtle Grove transfer tax
On a $400,000 sale in Myrtle Grove, transfer taxes come to $800: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
| Tax | Rate | Paid by | On $400,000 |
|---|---|---|---|
| Excise tax on conveyances (revenue stamps) | $1.00 per $500 | Seller | $800 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $500 | $0 | $500 |
| $400,000 local median value | $800 | $0 | $800 |
| $500,000 | $1,000 | $0 | $1,000 |
| $1,000,000 | $2,000 | $0 | $2,000 |
Example Myrtle Grove seller net sheet
A $400,000 sale, close to Myrtle Grove's median home value of $398,600, with a 5% commission and a $240,000 mortgage payoff. Seller costs come to about $21,171, or 5.3% of the price.
| Line | Seller |
|---|---|
| Sale price | $400,000 |
| First mortgage payoff | −$240,000 |
| Real estate commission (5%) | −$20,000 |
| Excise tax on conveyances (revenue stamps) | −$800 |
| Seller's attorney fee | −$300 |
| Release / satisfaction recording | −$26 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $138,829 |
Who pays what in Myrtle Grove
Myrtle Grove closings follow New Hanover County customs. In New Hanover 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 Myrtle Grove
The median property tax bill for homeowners in Myrtle Grove is $1,960 a year, about 0.49% of the median home value of $398,600 (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. 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.
Myrtle Grove seller questions
How much is the transfer tax in Myrtle Grove, North Carolina?
On a $400,000 sale in Myrtle Grove, transfer taxes come to $800: Excise tax on conveyances (revenue stamps). By custom the seller pays it.
How much are seller closing costs in Myrtle Grove?
On a $400,000 sale, close to the median home value in Myrtle Grove, with a 5% commission, estimated seller costs are about $21,171 (5.3% of the price). Without commission they are about $1,171. The loan payoff and property tax proration change the final number.
What county is Myrtle Grove in, and does it matter at closing?
Myrtle Grove is in New Hanover 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 New Hanover 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 Myrtle Grove?
The median property tax bill for homeowners in Myrtle Grove is $1,960 a year, about 0.49% of the median home value of $398,600 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
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