Free Troy, Alabama seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Troy, Alabama (Pike County). The calculator applies the local rates for you.
- Median home value
- $214,100
- Transfer tax on $215,000
- $43
- Seller costs on $215,000
- About $12,444
- Median property tax bill
- $697 a year
- County
- Pike County
- Population
- 17,734
Troy transfer tax
On a $215,000 sale in Troy, transfer taxes come to $43: Deed recording tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $258 in mortgage taxes (Mortgage recording tax).
| Tax | Rate | Paid by | On $215,000 |
|---|---|---|---|
| Deed recording tax | $0.50 per $500 of price above the new mortgage | Seller | $43 |
| Mortgage recording tax | $0.15 per $100 | Buyer | $258 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $215,000 local median value | $43 | $0 | $43 |
| $250,000 | $50 | $0 | $50 |
| $500,000 | $100 | $0 | $100 |
| $1,000,000 | $200 | $0 | $200 |
Example Troy seller net sheet
A $215,000 sale, close to Troy's median home value of $214,100, with a 5% commission and a $130,000 mortgage payoff. Seller costs come to about $12,444, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $215,000 |
| First mortgage payoff | −$130,000 |
| Real estate commission (5%) | −$10,750 |
| Deed recording tax | −$43 |
| Owner's title insurance policy | −$881.25 |
| Settlement / closing fee | −$350 |
| Seller's attorney fee | −$350 |
| Release / satisfaction recording | −$25 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $72,555.75 |
Who pays what in Troy
Troy closings follow Pike County customs. In Pike 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 Troy
The median property tax bill for homeowners in Troy is $697 a year, about 0.33% of the median home value of $214,100 (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. 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.
Troy seller questions
How much is the transfer tax in Troy, Alabama?
On a $215,000 sale in Troy, transfer taxes come to $43: Deed recording tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $258 in mortgage taxes (Mortgage recording tax).
How much are seller closing costs in Troy?
On a $215,000 sale, close to the median home value in Troy, with a 5% commission, estimated seller costs are about $12,444 (5.8% of the price). Without commission they are about $1,694. The loan payoff and property tax proration change the final number.
What county is Troy in, and does it matter at closing?
Troy is in Pike County, Alabama. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Pike 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 Troy?
The median property tax bill for homeowners in Troy is $697 a year, about 0.33% of the median home value of $214,100 (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. Fiscal year Oct 1-Sep 30, billed Oct 1 in arrears; seller credits buyer.
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