Anne Arundel County Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in Anne Arundel County estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the [location nickname], enter your home’s estimated selling price above.
Need a selling price? Try HomeLight’s free Home Value Estimator to see what your house might be worth. To receive a more accurate listing price, contact a top Anne Arundel County real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.
See a full cost and proceeds breakdown
A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.
How the Anne Arundel County Transfer Tax is Calculated
Anne Arundel County’s transfer tax is calculated at a rate of 1.0% on transactions up to $999,999.99. For transactions of $1 million or more, the county transfer rate is 1.5%.
For example, if you sold your home for $540,000 (Anne Arundel County’s median home price), you could expect to pay $5,400 in Anne Arundel County transfer taxes.
»Learn more: Understanding Anne Arundel County’s Transfer Tax: A Quick Guide
See the bigger home sale picture: To see what your entire home sale might cost, try HomeLight’s Maryland County Seller Closing Cost Calculator. You’ll also get a preliminary look at your estimated net proceeds.
Does the Seller Always Pay the Anne Arundel County Transfer Tax?
While it’s customary for the seller to pay the Anne Arundel County transfer tax, who pays can sometimes be a point of negotiation between the buyer and seller during the closing process.
In some cases, sellers in Maryland may be eligible for exemptions from transfer taxes. Some common situations where transfer taxes may not apply include:
- When property is transferred to a state agency, the state itself, or a political subdivision within the state.
- When property is transferred between family members or domestic partners
Make Buying and Selling Easier: Most Anne Arundel County sellers are also buyers looking to purchase a new home. With HomeLight’s Buy Before You Sell program, you can make a non-contingent offer on your new home and only move once. Watch this short video to learn more.
More Resources to Plan Your Anne Arundel County Home Sale
Here are some additional tools to help you plan your Anne Arundel County home sale:
- Net Proceeds Calculator
- Map of recently sold homes in Anne Arundel County
- Listing Agent Match platform
- Home Value Estimator
- Best Time to Sell Calculator
- Agent Commission Calculator
Sell fast without paying fees or commissions: Get a cash offer today.
With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer for your Anne Arundel County home in 24 hours. If you accept the offer, you can close in as few as 10 days. Answer a few questions about your Anne Arundel County home to get started. Along with your cash offer, you’ll also receive an expert estimate of what a top Anne Arundel County agent might be able to get for your home. Receive both selling options with one tool.
As you look ahead to your next home purchase, here are some helpful buyer tools: