HomeMaryland Closing Costs16 Redding Ridge Dr
Active Listing · Gaithersburg, MD

16 Redding Ridge Dr, Gaithersburg, MD 20878

$799,990Listing Price
🎓Quince Orchard High · Montgomery County Public Schools
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5 bd3.0 ba3,123 sqftSingle FamilyBuilt 19739,772 sqft lot66 days on market

Estimated Closing Costs

Based on a list price of $799,990. Actual costs may vary.

Buyer Closing Costs
$9,450
(1.2%)
Seller Closing Costs
$7,310
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$9,120$4,000
Recording Fees (Deed)$130
Owner's Title Insurance$3,310
Lender's Title Insurance$200
Total$9,450$7,310

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
Ken Venkatesh
RE MAX Realty Services
MLS (BrightMLS) #MDMC2226712
3012528264kenvenkatesh@gmail.comAgent Website →

Frequently Asked Questions

How much are closing costs for 16 Redding Ridge Dr, Gaithersburg, MD 20878?

Based on the list price of $799,990, estimated buyer closing costs for 16 Redding Ridge Dr, Gaithersburg, MD 20878 are $9,450 (1.2% of purchase price). Seller closing costs are estimated at $7,310. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Gaithersburg, MD?

Transfer taxes in Gaithersburg, MD are assessed at the state and local level. For 16 Redding Ridge Dr, Gaithersburg, MD 20878 at $799,990, the combined transfer tax estimate is $13,120. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 16 Redding Ridge Dr, Gaithersburg, MD 20878, 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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Maryland Closing Cost Guide