HomeMaryland Closing Costs2 Orleans Ter
Active Listing · Kensington, MD

2 Orleans Ter, Kensington, MD 20895

$1,125,000Listing Price
🎓Albert Einstein High · Montgomery County Public Schools
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5 bd2.5 ba2,333 sqftSingle FamilyBuilt 196211,326 sqft lot35 days on market

Estimated Closing Costs

Based on a list price of $1,125,000. Actual costs may vary.

Buyer Closing Costs
$13,155
(1.2%)
Seller Closing Costs
$10,073
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$12,825$5,625
Recording Fees (Deed)$130
Owner's Title Insurance$4,448
Lender's Title Insurance$200
Total$13,155$10,073

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
Chirag Shah
Hagan Realty
MLS (BrightMLS) #MDMC2232826

Frequently Asked Questions

How much are closing costs for 2 Orleans Ter, Kensington, MD 20895?

Based on the list price of $1,125,000, estimated buyer closing costs for 2 Orleans Ter, Kensington, MD 20895 are $13,155 (1.2% of purchase price). Seller closing costs are estimated at $10,073. These include transfer taxes, recording fees, and title insurance.

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

Transfer taxes in Kensington, MD are assessed at the state and local level. For 2 Orleans Ter, Kensington, MD 20895 at $1,125,000, the combined transfer tax estimate is $18,450. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 2 Orleans Ter, Kensington, MD 20895, 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