Free Elizabeth City, North Carolina seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Elizabeth City, North Carolina (Pasquotank County). The calculator applies the local rates for you.
- Median home value
- $202,100
- Transfer tax on $200,000
- $2,400
- Seller costs on $200,000
- About $12,771
- Median property tax bill
- $1,683 a year
- County
- Pasquotank County
- Population
- 19,028
Elizabeth City transfer tax
On a $200,000 sale in Elizabeth City, transfer taxes come to $2,400: Excise tax on conveyances (revenue stamps) and County land transfer tax (1%). By custom the seller pays it.
| Tax | Rate | Paid by | On $200,000 |
|---|---|---|---|
| Excise tax on conveyances (revenue stamps) | $1.00 per $500 | Seller | $400 |
| County land transfer tax (1%) | 1% of price | Seller | $2,000 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $200,000 local median value | $2,400 | $0 | $2,400 |
| $250,000 | $3,000 | $0 | $3,000 |
| $500,000 | $6,000 | $0 | $6,000 |
| $1,000,000 | $12,000 | $0 | $12,000 |
Example Elizabeth City seller net sheet
A $200,000 sale, close to Elizabeth City's median home value of $202,100, with a 5% commission and a $120,000 mortgage payoff. Seller costs come to about $12,771, or 6.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $200,000 |
| First mortgage payoff | −$120,000 |
| Real estate commission (5%) | −$10,000 |
| Excise tax on conveyances (revenue stamps) | −$400 |
| County land transfer tax (1%) | −$2,000 |
| Seller's attorney fee | −$300 |
| Release / satisfaction recording | −$26 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $67,229 |
Who pays what in Elizabeth City
Elizabeth City closings follow Pasquotank County customs. In Pasquotank County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Elizabeth City
The median property tax bill for homeowners in Elizabeth City is $1,683 a year, about 0.83% of the median home value of $202,100 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
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.
Elizabeth City seller questions
How much is the transfer tax in Elizabeth City, North Carolina?
On a $200,000 sale in Elizabeth City, transfer taxes come to $2,400: Excise tax on conveyances (revenue stamps) and County land transfer tax (1%). By custom the seller pays it.
How much are seller closing costs in Elizabeth City?
On a $200,000 sale, close to the median home value in Elizabeth City, with a 5% commission, estimated seller costs are about $12,771 (6.4% of the price). Without commission they are about $2,771. The loan payoff and property tax proration change the final number.
What county is Elizabeth City in, and does it matter at closing?
Elizabeth City is in Pasquotank County, North Carolina. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Pasquotank County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Elizabeth City?
The median property tax bill for homeowners in Elizabeth City is $1,683 a year, about 0.83% of the median home value of $202,100 (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. Bills issued Jul-Sep for the calendar year, due Sep 1 (delinquent Jan 6); seller credits buyer when unpaid.
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