Free Monmouth, Oregon seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Monmouth, Oregon (Polk County). The calculator applies the local rates for you.
- Median home value
- $380,500
- Transfer tax on $380,000
- None
- Seller costs on $380,000
- About $21,216
- Median property tax bill
- $3,721 a year
- County
- Polk County
- Population
- 11,651
Monmouth transfer tax
There is no transfer tax on a typical home sale in Monmouth.
Example Monmouth seller net sheet
A $380,000 sale, close to Monmouth's median home value of $380,500, with a 5% commission and a $230,000 mortgage payoff. Seller costs come to about $21,216, or 5.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $380,000 |
| First mortgage payoff | −$230,000 |
| Real estate commission (5%) | −$19,000 |
| Owner's title insurance policy | −$1,410 |
| Escrow fee | −$650 |
| Release / satisfaction recording | −$96 |
| Wire / courier / payoff processing | −$60 |
| Estimated net before property tax prorations | $128,784 |
Who pays what in Monmouth
Monmouth closings follow Polk County customs. In Polk County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller. Closings are usually handled by an escrow company.
Property taxes in Monmouth
The median property tax bill for homeowners in Monmouth is $3,721 a year, about 0.98% of the median home value of $380,500 (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. Fiscal year Jul-Jun; bills issued in October and due Nov 15 (3% discount). Before November the current year is unpaid and the seller credits the buyer; afterwards the seller is reimbursed.
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 escrow company.
Monmouth seller questions
How much is the transfer tax in Monmouth, Oregon?
There is no transfer tax on a typical home sale in Monmouth.
How much are seller closing costs in Monmouth?
On a $380,000 sale, close to the median home value in Monmouth, with a 5% commission, estimated seller costs are about $21,216 (5.6% of the price). Without commission they are about $2,216. The loan payoff and property tax proration change the final number.
What county is Monmouth in, and does it matter at closing?
Monmouth is in Polk County, Oregon. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Polk County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller.
How much are property taxes in Monmouth?
The median property tax bill for homeowners in Monmouth is $3,721 a year, about 0.98% of the median home value of $380,500 (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. Fiscal year Jul-Jun; bills issued in October and due Nov 15 (3% discount). Before November the current year is unpaid and the seller credits the buyer; afterwards the seller is reimbursed.
Other cities in Polk County
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