Free Clay, Alabama seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Clay, Alabama (Jefferson County). The calculator applies the local rates for you.
- Median home value
- $198,400
- Transfer tax on $200,000
- $40
- Seller costs on $200,000
- About $11,635
- Median property tax bill
- $1,108 a year
- County
- Jefferson County
- Population
- 10,241
Clay transfer tax
On a $200,000 sale in Clay, transfer taxes come to $40: Deed recording tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $240 in mortgage taxes (Mortgage recording tax).
| Tax | Rate | Paid by | On $200,000 |
|---|---|---|---|
| Deed recording tax | $0.50 per $500 of price above the new mortgage | Seller | $40 |
| Mortgage recording tax | $0.15 per $100 | Buyer | $240 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $200,000 local median value | $40 | $0 | $40 |
| $250,000 | $50 | $0 | $50 |
| $500,000 | $100 | $0 | $100 |
| $1,000,000 | $200 | $0 | $200 |
Example Clay seller net sheet
A $200,000 sale, close to Clay's median home value of $198,400, with a 5% commission and a $120,000 mortgage payoff. Seller costs come to about $11,635, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $200,000 |
| First mortgage payoff | −$120,000 |
| Real estate commission (5%) | −$10,000 |
| Deed recording tax | −$40 |
| Owner's title insurance policy | −$825 |
| Settlement / closing fee | −$350 |
| Seller's attorney fee | −$350 |
| Release / satisfaction recording | −$25 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $68,365 |
Who pays what in Clay
Clay closings follow Jefferson County customs. In Jefferson County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Clay
The median property tax bill for homeowners in Clay is $1,108 a year, about 0.56% of the median home value of $198,400 (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 Oct 1-Sep 30, billed Oct 1 in arrears; seller credits buyer.
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.
Clay seller questions
How much is the transfer tax in Clay, Alabama?
On a $200,000 sale in Clay, transfer taxes come to $40: Deed recording tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $240 in mortgage taxes (Mortgage recording tax).
How much are seller closing costs in Clay?
On a $200,000 sale, close to the median home value in Clay, with a 5% commission, estimated seller costs are about $11,635 (5.8% of the price). Without commission they are about $1,635. The loan payoff and property tax proration change the final number.
What county is Clay in, and does it matter at closing?
Clay is in Jefferson County, Alabama. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Jefferson County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Clay?
The median property tax bill for homeowners in Clay is $1,108 a year, about 0.56% of the median home value of $198,400 (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 Oct 1-Sep 30, billed Oct 1 in arrears; seller credits buyer.
Other cities in Jefferson County
- Birmingham
- Hoover
- Vestavia Hills
- Homewood
- Trussville
- Bessemer
- Mountain Brook
- Gardendale
- Hueytown
- Center Point
- McCalla
- Irondale
Cities near Clay
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