Trust & Probate Sale Net Proceeds Calculator
For trustees, executors, and heirs: estimate what the home will net after selling costs, see each heir's share, and check whether the sale is likely to show a taxable gain.
Written by Will Flannigan, DRE #01951292 · Certified Trust & Probate Specialist · Former attorney · Last updated
Commissions aren't set by law. Every rate is negotiable.
Common questions
How much does it cost to sell a house in Los Angeles County?
Seller costs usually include brokerage compensation (negotiable), escrow and title fees, the county documentary transfer tax of $1.10 per $1,000, any city transfer tax, and reports or repairs. Burbank, Glendale, and Pasadena add no city transfer tax. The City of Los Angeles adds $4.50 per $1,000, plus the Measure ULA surcharge on high-value sales.
Do I pay transfer tax when selling a home in Burbank?
Burbank sellers pay the Los Angeles County documentary transfer tax of $1.10 per $1,000 of the sale price. Burbank doesn't add a city transfer tax. On a $1,500,000 sale, the county tax is about $1,650.
How do I estimate proceeds from selling an inherited house?
Start with the expected sale price, subtract selling costs and any loans or estate expenses, then divide by the number of heirs. To estimate taxable gain, compare the net price to the value on the date of death, which is usually the heirs' stepped-up basis. If the net price is at or below that value, there's often little or no gain.
Estimates for planning only — not a guarantee of price or proceeds, and not tax or legal advice. Escrow, title and payoff figures come from your escrow officer and lender. Measure ULA thresholds adjust every July 1. California may require 3⅓% income tax withholding unless an FTB Form 593 exemption applies. Will Flannigan, Real Estate Agent, DRE #01951292 · The Nell Team at Equity Union Real Estate.