Free City of Hampton, Virginia seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in City of Hampton. The calculator applies Virginia and City of Hampton rates for you.
- Median home value
- $234,100
- Transfer tax on $235,000
- $1,159
- Seller costs on $235,000
- About $12,653
- Median property tax bill
- $2,259 a year
- Owner's title policy
- Buyer pays
- Population
- 137,334
City of Hampton transfer tax
On a $235,000 sale in City of Hampton, transfer taxes come to $1,159: Grantor's tax, Regional transportation improvement fee (Hampton Roads grantor's tax), State recordation tax on deed (grantee) and Local recordation tax on deed (one-third of state). By custom the seller pays $376 of that and the buyer $783. A buyer who finances 80% of the price also pays $627 in mortgage taxes (State recordation tax on deed of trust and Local recordation tax on deed of trust).
| Tax | Rate | Paid by | On $235,000 |
|---|---|---|---|
| Grantor's tax | $0.50 per $500 ($1.00 per $1,000) | Seller | $235 |
| Regional transportation improvement fee (Hampton Roads grantor's tax) | $0.06 per $100 (Planning District 23) | Seller | $141 |
| State recordation tax on deed (grantee) | $0.25 per $100 | Buyer | $587.50 |
| Local recordation tax on deed (one-third of state) | $0.0833 per $100 | Buyer | $195.83 |
| State recordation tax on deed of trust | $0.25 per $100 | Buyer | $470 |
| Local recordation tax on deed of trust | $0.0833 per $100 | Buyer | $156.67 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $235,000 local median value | $376 | $783.33 | $1,159.33 |
| $250,000 | $400 | $833.33 | $1,233.33 |
| $500,000 | $800 | $1,666.67 | $2,466.67 |
| $1,000,000 | $1,600 | $3,333.33 | $4,933.33 |
Example City of Hampton seller net sheet
A $235,000 sale, close to the county's median home value of $234,100, with a 5% commission and a $140,000 mortgage payoff. Seller costs come to about $12,653, or 5.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $235,000 |
| First mortgage payoff | −$140,000 |
| Real estate commission (5%) | −$11,750 |
| Grantor's tax | −$235 |
| Regional transportation improvement fee (Hampton Roads grantor's tax) | −$141 |
| Settlement / closing fee | −$450 |
| Release / satisfaction recording | −$27 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $82,347 |
Who pays what in City of Hampton
In City of Hampton, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
Property taxes in City of Hampton
The median property tax bill for homeowners in City of Hampton is $2,259 a year, about 0.96% of the median home value of $234,100 (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. Most localities bill the calendar year in two halves (e.g., Fairfax due Jul 28 and Dec 5), each covering the preceding half-year; seller credits buyer for unpaid days.
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.
City of Hampton seller questions
How much is the transfer tax in City of Hampton, Virginia?
On a $235,000 sale in City of Hampton, transfer taxes come to $1,159: Grantor's tax, Regional transportation improvement fee (Hampton Roads grantor's tax), State recordation tax on deed (grantee) and Local recordation tax on deed (one-third of state). By custom the seller pays $376 of that and the buyer $783. A buyer who finances 80% of the price also pays $627 in mortgage taxes (State recordation tax on deed of trust and Local recordation tax on deed of trust).
How much are seller closing costs in City of Hampton?
On a $235,000 sale, close to the median home value in City of Hampton, with a 5% commission, estimated seller costs are about $12,653 (5.4% of the price). Without commission they are about $903. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in City of Hampton?
In City of Hampton, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
How much are property taxes in City of Hampton?
The median property tax bill for homeowners in City of Hampton is $2,259 a year, about 0.96% of the median home value of $234,100 (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. Most localities bill the calendar year in two halves (e.g., Fairfax due Jul 28 and Dec 5), each covering the preceding half-year; seller credits buyer for unpaid days.
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