House seller of Santa Monica transfer tax calculator

Santa Monica Transfer Tax Calculator: What to Expect

This simple calculator can help Santa Monica home sellers estimate their transfer tax. To understand your thoughts on the transfer fee you might pay in the city at sea, enter the estimated selling price above the house.

Need a price? Try Homelight’s free home value estimator to see what your home is worth. For more accurate listing prices, contact the top Santa Monica real estate agent and ask for a Comparative Market Analysis (CMA) that will compare your home to nearby listed and recently sold properties.

How to calculate Santa Monica transfer tax

There are multiple tiers of transfer tax in Santa Monica, known as documentary transfer tax, depending on the amount of the property sold.

Here is a table showing the transfer tax tier in Santa Monica:

Source: Santa Monica Finance Department

For example, if you sell your home for $829,260 (median Santa Monica house price), you can expect to pay a Santa Monica transfer tax of $2,487.78.

Another transfer tax Santa Monica seller usually pays

Many counties and local governments also charge real estate transfer taxes to home sellers. In Santa Monica, you are responsible for state and county taxes. California collects a transfer tax of $1.10 per $1,000, and Los Angeles County collects a transfer tax of $0.55 per $500 of the home value.

“learn more: Learn about transfer taxes in Santa Monica: a quick guide