Connecticut seller net sheet calculator
What a Connecticut seller walks away with after commission, payoffs, title, and transfer taxes. Rates and closing customs below are verified for Connecticut; the calculator applies them for you, down to the county.
- State transfer tax
- 0.75% to $800K, 1.25% to $2.5M, 2.25% above (marginal)
- Owner's title policy
- Buyer pays
- Seller costs on $400,000
- About $25,310
Connecticut transfer tax
Connecticut charges the state conveyance tax (residential) of 0.75% to $800K, 1.25% to $2.5M, 2.25% above (marginal), customarily paid by the seller. Other statewide rates apply in some cases: State conveyance tax (non-residential); State conveyance tax (unimproved land). On top of that, 3 county or city transfer taxes apply in parts of the state; the calculator adds them when you choose the county.
| Tax | Level | Rate | Customarily paid by |
|---|---|---|---|
| State conveyance tax (residential)Applies: single family, condo, townhome, multi familyCGS 12-494: residential dwellings, marginal. 2-4 family homes treated as residential dwellings; apartment buildings are 0.75% flat. | State | 0.75% to $800K, 1.25% to $2.5M, 2.25% above (marginal) | Seller |
| State conveyance tax (non-residential)Applies: commercialAny purpose other than residential use, except unimproved land. | State | 1.25% | Seller |
| State conveyance tax (unimproved land)Applies: land | State | 0.75% | Seller |
| Municipal conveyance tax | City | 0.25% | Seller |
| Municipal conveyance tax (targeted investment community, 0.5%) | City | 0.5% (0.25% base + 0.25% local option) | Seller |
| Municipal conveyance tax (Stamford) | City | 0.35% up to $1M; 0.5% above | Seller |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $2,500 | $0 | $2,500 |
| $500,000 | $5,000 | $0 | $5,000 |
| $1,000,000 | $11,000 | $0 | $11,000 |
Example Connecticut seller net sheet
A $400,000 sale with a 5% commission and a $250,000 mortgage payoff. Seller closing costs come to about $25,310, or 6.3% of the price.
| Line | Seller |
|---|---|
| Sale price | $400,000 |
| First mortgage payoff | −$250,000 |
| Real estate commission (5%) | −$20,000 |
| State conveyance tax (residential) | −$3,000 |
| Municipal conveyance tax | −$1,000 |
| Settlement / closing fee | −$200 |
| Seller's attorney fee | −$1,000 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $124,690 |
Run it with your own numbers. Choose the county to add local taxes, and enter the closing date to prorate property taxes.
Who pays what in Connecticut
Buyer pays the owner's policy. Closings are usually handled by an attorney, and an attorney is customarily required at closing. The settlement or escrow fee is paid by each side for its own closing.
Attorney closings. Seller pays state and municipal conveyance taxes; buyer pays title insurance and recording.
Property tax prorations
Property taxes are paid in advance on a tax year starting in July. The typical effective rate is about 2% of value per year. Fiscal year Jul-Jun, paid in two installments (Jul 1 and Jan 1) in advance; seller is credited for the prepaid portion.
Sources
Verified 2026-09-29. A net sheet is an estimate, not a closing statement or tax advice. Final figures come from the title or escrow company. See a rate that looks wrong? Email [email protected].
Connecticut net sheet questions
Does Connecticut have a real estate transfer tax?
Connecticut charges the state conveyance tax (residential) of 0.75% to $800K, 1.25% to $2.5M, 2.25% above (marginal), customarily paid by the seller. Other statewide rates apply in some cases: State conveyance tax (non-residential); State conveyance tax (unimproved land). On top of that, 3 county or city transfer taxes apply in parts of the state; the calculator adds them when you choose the county.
How much is the transfer tax on a $500,000 home in Connecticut?
With no county or city chosen, the transfer tax on a $500,000 sale is about $5,000, customarily paid by the seller. Some counties and cities charge a different or additional rate.
How much are seller closing costs in Connecticut?
On a $400,000 sale with a 5% commission, estimated seller costs in Connecticut come to about $25,310 (6.3% of the price), including $20,000 of commission. Without commission, closing costs are about $5,310. Local taxes, the payoff, and property tax prorations change the final number.
Who pays for title insurance in Connecticut?
Buyer pays the owner's policy.
Who handles the closing in Connecticut?
Closings are usually handled by an attorney, and an attorney is customarily required at closing.
How are property taxes prorated when selling a home in Connecticut?
Property taxes are paid in advance on a tax year starting in July. The typical effective rate is about 2% of value per year. Fiscal year Jul-Jun, paid in two installments (Jul 1 and Jan 1) in advance; seller is credited for the prepaid portion.
Net sheets in other states
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