Free Chattanooga, Tennessee seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Chattanooga, Tennessee (Hamilton County). The calculator applies the local rates for you.
- Median home value
- $259,200
- Transfer tax on $260,000
- $962
- Seller costs on $260,000
- About $13,407
- Median property tax bill
- $2,208 a year
- County
- Hamilton County
- Population
- 191,496
Chattanooga transfer tax
On a $260,000 sale in Chattanooga, transfer taxes come to $962: Realty transfer tax. By custom the buyer pays it. A buyer who finances 80% of the price also pays $237 in mortgage taxes (Mortgage recordation tax).
| Tax | Rate | Paid by | On $260,000 |
|---|---|---|---|
| Realty transfer tax | $0.37 per $100 (0.37% of the price) | Buyer | $962 |
| Mortgage recordation tax | $0.115 per $100 over $2,000 | Buyer | $236.90 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $0 | $925 | $925 |
| $260,000 local median value | $0 | $962 | $962 |
| $500,000 | $0 | $1,850 | $1,850 |
| $1,000,000 | $0 | $3,700 | $3,700 |
Example Chattanooga seller net sheet
A $260,000 sale, close to Chattanooga's median home value of $259,200, with a 5% commission and a $155,000 mortgage payoff. Seller costs come to about $13,407, or 5.2% of the price.
| Line | Seller |
|---|---|
| Sale price | $260,000 |
| First mortgage payoff | −$155,000 |
| Real estate commission (5%) | −$13,000 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$12 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $91,593 |
Who pays what in Chattanooga
Chattanooga closings follow Hamilton County customs. In Hamilton County, the buyer customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by a title company or attorney.
Property taxes in Chattanooga
The median property tax bill for homeowners in Chattanooga is $2,208 a year, about 0.85% of the median home value of $259,200 (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 Oct 1 for the calendar year, due Feb 28; 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.
Chattanooga seller questions
How much is the transfer tax in Chattanooga, Tennessee?
On a $260,000 sale in Chattanooga, transfer taxes come to $962: Realty transfer tax. By custom the buyer pays it. A buyer who finances 80% of the price also pays $237 in mortgage taxes (Mortgage recordation tax).
How much are seller closing costs in Chattanooga?
On a $260,000 sale, close to the median home value in Chattanooga, with a 5% commission, estimated seller costs are about $13,407 (5.2% of the price). Without commission they are about $407. The loan payoff and property tax proration change the final number.
What county is Chattanooga in, and does it matter at closing?
Chattanooga is in Hamilton County, Tennessee. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Hamilton County, the buyer customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Chattanooga?
The median property tax bill for homeowners in Chattanooga is $2,208 a year, about 0.85% of the median home value of $259,200 (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 Oct 1 for the calendar year, due Feb 28; seller credits buyer when unpaid.
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