Free Spokane Valley, Washington seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Spokane Valley, Washington (Spokane County). The calculator applies the local rates for you.
- Median home value
- $344,300
- Transfer tax on $345,000
- $5,525
- Seller costs on $345,000
- About $25,222
- Median property tax bill
- $3,168 a year
- County
- Spokane County
- Population
- 108,267
Spokane Valley transfer tax
On a $345,000 sale in Spokane Valley, transfer taxes come to $5,525: State real estate excise tax (graduated), Local real estate excise tax (0.50%) and REET technology fee. By custom the seller pays it.
| Tax | Rate | Paid by | On $345,000 |
|---|---|---|---|
| State real estate excise tax (graduated) | 1.1% to $525K; 1.28% to $1.525M; 2.75% to $3.025M; 3% above (marginal) | Seller | $3,795 |
| Local real estate excise tax (0.50%) | 0.50% | Seller | $1,725 |
| REET technology fee | $5 per affidavit | Seller | $5 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $4,005 | $0 | $4,005 |
| $345,000 local median value | $5,525 | $0 | $5,525 |
| $500,000 | $8,005 | $0 | $8,005 |
| $1,000,000 | $16,860 | $0 | $16,860 |
Example Spokane Valley seller net sheet
A $345,000 sale, close to Spokane Valley's median home value of $344,300, with a 5% commission and a $205,000 mortgage payoff. Seller costs come to about $25,222, or 7.3% of the price.
| Line | Seller |
|---|---|
| Sale price | $345,000 |
| First mortgage payoff | −$205,000 |
| Real estate commission (5%) | −$17,250 |
| State real estate excise tax (graduated) | −$3,795 |
| Local real estate excise tax (0.50%) | −$1,725 |
| REET technology fee | −$5 |
| Owner's title insurance policy | −$1,382.50 |
| Escrow fee | −$700 |
| Release / satisfaction recording | −$304.50 |
| Wire / courier / payoff processing | −$60 |
| Estimated net before property tax prorations | $114,778 |
Who pays what in Spokane Valley
Spokane Valley closings follow Spokane County customs. In Spokane 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 Spokane Valley
The median property tax bill for homeowners in Spokane Valley is $3,168 a year, about 0.92% of the median home value of $344,300 (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. Calendar year; halves due Apr 30 and Oct 31. Seller pays through closing for any unpaid portion.
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.
Spokane Valley seller questions
How much is the transfer tax in Spokane Valley, Washington?
On a $345,000 sale in Spokane Valley, transfer taxes come to $5,525: State real estate excise tax (graduated), Local real estate excise tax (0.50%) and REET technology fee. By custom the seller pays it.
How much are seller closing costs in Spokane Valley?
On a $345,000 sale, close to the median home value in Spokane Valley, with a 5% commission, estimated seller costs are about $25,222 (7.3% of the price). Without commission they are about $7,972. The loan payoff and property tax proration change the final number.
What county is Spokane Valley in, and does it matter at closing?
Spokane Valley is in Spokane County, Washington. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Spokane 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 Spokane Valley?
The median property tax bill for homeowners in Spokane Valley is $3,168 a year, about 0.92% of the median home value of $344,300 (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. Calendar year; halves due Apr 30 and Oct 31. Seller pays through closing for any unpaid portion.
Other cities in Spokane County
Cities near Spokane Valley
Build your Spokane Valley net sheet in minutes.
Free to use. No account needed to try it.