This simple calculator can help home sellers in Santa Monica estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the City by the Sea, 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 Santa Monica 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 Santa Monica Transfer Tax is Calculated
Santa Monica’s transfer tax, known as a Documentary Transfer Tax, has multiple tiers, depending on the amount the property is sold for.
Below is a table showing Santa Monica’s transfer tax tiers:
| Home sale price | Tax rate applied |
| $5,000,000 or less | $3.00 per $1,000 |
| $5,000,000 to $7,999,000 | $6.00 per $1,000 |
| $8,000,000 or more | $56.00 per $000 |
Source: City of Santa Monica Finance Department
For example, if you sold your home for $829,260 (Santa Monica’s median home price), you could expect to pay $2,487.78 in Santa Monica transfer taxes.
Another Transfer Tax Santa Monica Sellers Typically Pay
Many counties and local governments also charge home sellers a real estate transfer tax. In Santa Monica, you are responsible for the state and county taxes. The state of California levies a transfer tax of $1.10 per $1,000, and Los Angeles County levies a transfer tax of $0.55 per $500 of the home’s value.
»Learn more: Understanding Santa Monica’s Transfer Tax: A Quick Guide
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