Free Mitchell, South Dakota seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Mitchell, South Dakota (Davison County). The calculator applies the local rates for you.
- Median home value
- $182,000
- Transfer tax on $180,000
- $180
- Seller costs on $180,000
- About $9,843
- Median property tax bill
- $2,327 a year
- County
- Davison County
- Population
- 15,621
Mitchell transfer tax
On a $180,000 sale in Mitchell, transfer taxes come to $180: Real estate transfer fee. By custom the seller pays it.
| Tax | Rate | Paid by | On $180,000 |
|---|---|---|---|
| Real estate transfer fee | $0.50 per $500 | Seller | $180 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $180,000 local median value | $180 | $0 | $180 |
| $250,000 | $250 | $0 | $250 |
| $500,000 | $500 | $0 | $500 |
| $1,000,000 | $1,000 | $0 | $1,000 |
Example Mitchell seller net sheet
A $180,000 sale, close to Mitchell's median home value of $182,000, with a 5% commission and a $110,000 mortgage payoff. Seller costs come to about $9,843, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $180,000 |
| First mortgage payoff | −$110,000 |
| Real estate commission (5%) | −$9,000 |
| Real estate transfer fee | −$180 |
| Owner's title insurance policy | −$342.50 |
| Settlement / closing fee | −$250 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $60,157.50 |
Who pays what in Mitchell
Mitchell closings follow Davison County customs. In Davison County, the buyer and seller customarily split the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by a title company.
Property taxes in Mitchell
The median property tax bill for homeowners in Mitchell is $2,327 a year, about 1.28% of the median home value of $182,000 (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. Taxes are paid the following year (halves Apr 30 / Oct 31); seller credits buyer for prior-year unpaid taxes plus Jan 1 through closing.
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 title company.
Mitchell seller questions
How much is the transfer tax in Mitchell, South Dakota?
On a $180,000 sale in Mitchell, transfer taxes come to $180: Real estate transfer fee. By custom the seller pays it.
How much are seller closing costs in Mitchell?
On a $180,000 sale, close to the median home value in Mitchell, with a 5% commission, estimated seller costs are about $9,843 (5.5% of the price). Without commission they are about $843. The loan payoff and property tax proration change the final number.
What county is Mitchell in, and does it matter at closing?
Mitchell is in Davison County, South Dakota. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Davison County, the buyer and seller customarily split the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Mitchell?
The median property tax bill for homeowners in Mitchell is $2,327 a year, about 1.28% of the median home value of $182,000 (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. Taxes are paid the following year (halves Apr 30 / Oct 31); seller credits buyer for prior-year unpaid taxes plus Jan 1 through closing.
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