Litchfield County Real Estate Net Sheet
Curious about how much you will net when you sell your house? I have developed a net sheet calculator to give you a better idea what you can expect when you sell your house in Southern Litchfield County.
A little bit of housekeeping for you. The form is an excel spreadsheet, you can't hurt it and if you make a mistake, just reload the page. Fill in the highlighted areas only, and you don't need to use the $ sign or the % sign, its already there. Once you plug in your numbers the spreadsheet will do the rest for you. Also, we do not track this information, so feel free to use it when you like, as often as you like.
Connecticut conveyance tax is .75% of the sales price UP TO $800,000. Anything over $800,000 is taxed at 1.25%. I have made allowances for that in the calculator. Just split the sale price up as indicated.
Also note, there are targeted municipalities in Connecticut that have a higher conveyance tax rate. The following municipalities are taxed at .50%. (An additional .25% is taxed on.) If you live in one of the following communities outside of Litchfield County and want to use the calculator, please change the rate next to the Municipal Conveyance Tax from .25% to .50%. (Bloomfield, Bridgeport, Bristol, East Hartford, Groton, Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Stamford, Waterbury, and Windham.)
If you run into any problems, just give us a call at 860.946.0686, we will be happy to go over your net sheet with you.
Southern Litchfield County Real Estate Net Sheet. How much will I have after I sell my house?