HomeVirginia Closing Costs1223 Somerset Dr
Active Listing · Mclean, VA

1223 Somerset Dr, Mclean, VA 22101

$5,750,000Listing Price
🎓Langley High · Fairfax County Public Schools
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6 bd7.5 ba8,750 sqftSingle FamilyBuilt 202622,216 sqft lot66 days on market

Estimated Closing Costs

Based on a list price of $5,750,000. Actual costs may vary.

Buyer Closing Costs
$250
(0.0%)
Seller Closing Costs
$45,625
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$0$25,875
Recording Fees (Deed)$50
Owner's Title Insurance$19,750
Lender's Title Insurance$200
Total$250$45,625

Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.

Listed By
Jennifer Thornett
WashingtonFineProperties
MLS (BrightMLS) #VAFX2291374
2024157050jennifer.thornett@wfp.com

Frequently Asked Questions

How much are closing costs for 1223 Somerset Dr, Mclean, VA 22101?

Based on the list price of $5,750,000, estimated buyer closing costs for 1223 Somerset Dr, Mclean, VA 22101 are $250 (0.0% of purchase price). Seller closing costs are estimated at $45,625. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Mclean, VA?

Transfer taxes in Mclean, VA are assessed at the state and local level. For 1223 Somerset Dr, Mclean, VA 22101 at $5,750,000, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1223 Somerset Dr, Mclean, VA 22101, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.

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Virginia Closing Cost Guide