Henrico County, Virginia Closing Costs
On the $333,600 median Henrico County home, the county-specific closing items come to about $3,074: transfer tax $1,389, title insurance $1,578, recording fees $107. Lender fees, appraisal and prepaids are added by the loan, not the county.
County-specific closing costs by purchase price
| Purchase price | Transfer tax | Title insurance (both policies) | Recording fees | Total |
|---|---|---|---|---|
| $150,000 | $625 | $850 | $107 | $1,582 |
| $200,000 | $833 | $1,050 | $107 | $1,990 |
| $250,000 | $1,041 | $1,250 | $107 | $2,398 |
| $300,000 | $1,249 | $1,445 | $107 | $2,801 |
| $350,000 | $1,458 | $1,640 | $107 | $3,205 |
| $400,000 | $1,665 | $1,835 | $107 | $3,607 |
| $450,000 | $1,874 | $2,030 | $107 | $4,011 |
| $500,000 | $2,082 | $2,225 | $107 | $4,414 |
| $600,000 | $2,498 | $2,583 | $107 | $5,188 |
| $700,000 | $2,914 | $2,941 | $107 | $5,962 |
| $800,000 | $3,330 | $3,299 | $107 | $6,736 |
| $1,000,000 | $4,163 | $4,015 | $107 | $8,285 |
Frequently asked questions
How much are closing costs in Henrico County?
On the $333,600 median home, the county-specific items come to about $3,074: transfer tax $1,389 including Henrico County local recordation tax, title insurance $1,328 for the owner's policy and $250 for the lender's, and about $107 to record the deed and mortgage. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Henrico County?
The transfer tax is customarily split. Who pays the owner's title policy is negotiable; the buyer pays the lender's policy and the mortgage recording fee.
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- Va. Code Sections 58.1-801 (state recordation tax), 58.1-802 (grantor's additional tax), 58.1-814 (local recordation tax)
- Virginia Circuit Court Clerk fee schedule; Va. Code Sec. 58.1-814 (local recordation tax, up to one-third of the state rate)
- WFG National Title Insurance Company, Rate and Rules for the Commonwealth of Virginia, Sections 3 & 4, effective September 1, 2023
- Henrico County Circuit Court Clerk, Land Records fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Virginia buyer closing costs → Henrico County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Henrico County overview