Free Highland City, Florida seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Highland City, Florida (Polk County). The calculator applies the local rates for you.
- Median home value
- $301,600
- Transfer tax on $300,000
- $2,100
- Seller costs on $300,000
- About $19,794
- Median property tax bill
- $2,300 a year
- County
- Polk County
- Population
- 12,732
Highland City transfer tax
On a $300,000 sale in Highland City, transfer taxes come to $2,100: Documentary stamp tax on deed. By custom the seller pays it. A buyer who finances 80% of the price also pays $1,320 in mortgage taxes (Documentary stamp tax on note (new mortgage) and Intangible tax on new mortgage).
| Tax | Rate | Paid by | On $300,000 |
|---|---|---|---|
| Documentary stamp tax on deed | $0.70 per $100 | Seller | $2,100 |
| Documentary stamp tax on note (new mortgage) | $0.35 per $100 | Buyer | $840 |
| Intangible tax on new mortgage | $2.00 per $1,000 | Buyer | $480 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,750 | $0 | $1,750 |
| $300,000 local median value | $2,100 | $0 | $2,100 |
| $500,000 | $3,500 | $0 | $3,500 |
| $1,000,000 | $7,000 | $0 | $7,000 |
Example Highland City seller net sheet
A $300,000 sale, close to Highland City's median home value of $301,600, with a 5% commission and a $180,000 mortgage payoff. Seller costs come to about $19,794, or 6.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $300,000 |
| First mortgage payoff | −$180,000 |
| Real estate commission (5%) | −$15,000 |
| Documentary stamp tax on deed | −$2,100 |
| Owner's title insurance policy | −$1,575 |
| Settlement / closing fee | −$550 |
| Release / satisfaction recording | −$18.50 |
| Title search and examination | −$200 |
| Municipal lien search | −$150 |
| Deed preparation | −$150 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $100,206.50 |
Who pays what in Highland City
Highland City closings follow Polk County customs. Seller customarily pays the owner's policy and chooses the closing agent in Polk County. 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 Highland City
The median property tax bill for homeowners in Highland City is $2,300 a year, about 0.76% of the median home value of $301,600 (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. Polk County Tax Collector bills Nov 1 (4% discount in Nov, 3% Dec, 2% Jan, 1% Feb; due Mar 31).
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.
Highland City seller questions
How much is the transfer tax in Highland City, Florida?
On a $300,000 sale in Highland City, transfer taxes come to $2,100: Documentary stamp tax on deed. By custom the seller pays it. A buyer who finances 80% of the price also pays $1,320 in mortgage taxes (Documentary stamp tax on note (new mortgage) and Intangible tax on new mortgage).
How much are seller closing costs in Highland City?
On a $300,000 sale, close to the median home value in Highland City, with a 5% commission, estimated seller costs are about $19,794 (6.6% of the price). Without commission they are about $4,794. The loan payoff and property tax proration change the final number.
What county is Highland City in, and does it matter at closing?
Highland City is in Polk County, Florida. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. Seller customarily pays the owner's policy and chooses the closing agent in Polk County. The settlement fee is paid by each side for its own closing.
How much are property taxes in Highland City?
The median property tax bill for homeowners in Highland City is $2,300 a year, about 0.76% of the median home value of $301,600 (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. Polk County Tax Collector bills Nov 1 (4% discount in Nov, 3% Dec, 2% Jan, 1% Feb; due Mar 31).
Other cities in Polk County
- Lakeland
- Poinciana
- Winter Haven
- Haines City
- Bartow
- Auburndale
- Lake Wales
- Davenport
- Medulla
- Lakeland Highlands
- Fuller Heights
- Cypress Gardens
Cities near Highland City
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