Real estate transfer tax
According to Chapter 66, Laws of 2004, the Realty Transfer Fee on standard transactions and on “new construction” is calculated as follows:
TOTAL CONSIDERATION NOT IN EXCESS OF $350,000
$2.00/$500 of consideration not in excess of $150,000;
$3.35/$500 of consideration in excess of $150,000 but not in excess of $200,000;
$3.90/$500 of consideration in excess of $200,000 but not in excess of $350,000.
TOTAL CONSIDERATION IN EXCESS OF $350,000
$2.90/$500 of consideration not in excess of $150,000;
$4.25/$500 of consideration in excess of $150,000 but not in excess of $200,000;
$4.80/$500 of consideration in excess of $200,000 but not in excess of $550,000;
$5.30/$500 of consideration in excess of $550,000 but not in excess of $850,000;
$5.80/$500 of consideration in excess of $850,000 but not in excess of $1,000,000;
$6.05/$500 of consideration in excess of $1,000,000.
| All prices are per $1000 | ||
| Sold Price less than $350,000 | $4.00 | Up to $150,000 |
| $6.70 | $150,000 to $200,000 | |
| $7.80 | $200,000 - $350,000 | |
| $5.80 | Up to $150,000 | |
| Sold Price more than $350,000 | $8.50 | $150,000 to $200,000 |
| $9.60 | $200,000 - $550,000 | |
| $10.60 | $550,000 - $850,000 | |
| $11.60 | $850,000 - $1,000,000 | |
| $12.10 | > $1,000,000 | |
| Sold Price < $350,000 | Real Estate Transfer Tax |
| $100,000 | $400 |
| $110,000 | $440 |
| $120,000 | $480 |
| $130,000 | $520 |
| $140,000 | $560 |
| $150,000 | $600 |
| $160,000 | $667 |
| $170,000 | $734 |
| $180,000 | $801 |
| $190,000 | $868 |
| $200,000 | $935 |
| $210,000 | $1,013 |
| $220,000 | $1,091 |
| $230,000 | $1,169 |
| $240,000 | $1,247 |
| $250,000 | $1,325 |
| $260,000 | $1,403 |
| $270,000 | $1,481 |
| $280,000 | $1,559 |
| $290,000 | $1,637 |
| $300,000 | $1,715 |
| $310,000 | $1,793 |
| $320,000 | $1,871 |
| $330,000 | $1,949 |
| $340,000 | $2,027 |
| $350,000 | $2,105 |
| Sold Price > $350,000 | |
| $350,000 | $2,735 |
| $360,000 | $2,831 |
| $370,000 | $2,927 |
| $380,000 | $3,023 |
| $390,000 | $3,119 |
| $400,000 | $3,215 |
| $410,000 | $3,311 |
| $420,000 | $3,407 |
| $430,000 | $3,503 |
| $440,000 | $3,599 |
| $450,000 | $3,695 |
| $460,000 | $3,791 |
| $470,000 | $3,887 |
| $480,000 | $3,983 |
| $490,000 | $4,079 |
| $500,000 | $4,175 |
| $510,000 | $4,271 |
| $520,000 | $4,367 |
| $530,000 | $4,463 |
| Sold Price | Real Estate Transfer Tax |
| $540,000 | $4,559 |
| $550,000 | $4,655 |
| $560,000 | $4,761 |
| $570,000 | $4,867 |
| $580,000 | $4,973 |
| $590,000 | $5,079 |
| $600,000 | $5,185 |
| $610,000 | $5,291 |
| $620,000 | $5,397 |
| $630,000 | $5,503 |
| $640,000 | $5,609 |
| $650,000 | $5,715 |
| $660,000 | $5,821 |
| $670,000 | $5,927 |
| $680,000 | $6,033 |
| $690,000 | $6,139 |
| $700,000 | $6,245 |
| $710,000 | $6,351 |
| $720,000 | $6,457 |
| $730,000 | $6,563 |
| $740,000 | $6,669 |
| $750,000 | $6,775 |
| $760,000 | $6,881 |
| $770,000 | $6,987 |
| $780,000 | $7,093 |
| $790,000 | $7,199 |
| $800,000 | $7,305 |
| $810,000 | $7,411 |
| $820,000 | $7,517 |
| $830,000 | $7,623 |
| $840,000 | $7,729 |
| $850,000 | $7,835 |
| $860,000 | $7,951 |
| $870,000 | $8,067 |
| $880,000 | $8,183 |
| $890,000 | $8,299 |
| $900,000 | $8,415 |
| $910,000 | $8,531 |
| $920,000 | $8,647 |
| $930,000 | $8,763 |
| $940,000 | $8,879 |
| $950,000 | $8,998 |
| $960,000 | $9,111 |
| $970,000 | $9,227 |
| $980,000 | $9,343 |
| $990,000 | $9,459 |
| $1,000,000 | $9,575 + Mansion Tax by Buyers |