What is the Michigan real estate transfer tax when buying a home?
The Michigan real estate transfer tax totals about $0.86 per $100 of sale price — roughly $2,580 on a $300,000 home — and is paid by the SELLER, not the buyer.
The Michigan real estate transfer tax totals roughly $0.86 per $100 of the sale price, combining the state tax of $3.75 per $500 (0.75%) and the county tax of $0.55 per $500 (0.11%). On a $300,000 Grand Rapids home, that is about $2,580 — $2,250 to the State of Michigan and $330 to Kent County. Importantly, the transfer tax is paid by the seller in Michigan by default, not the buyer. A buyer is only on the hook if the purchase agreement explicitly reassigns the obligation, which is rare in Kent and Ottawa County transactions.
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