No, that is not taxable.
As you pointed out, you need to do the math for the Gain or Loss, which involves purchase price (including some purchase costs) and selling price (after some selling expenses).
I hesitate to definitively say if you have a Gain or Loss because you mentioned "taxes" as part of the settlement fees. Real Estate taxes are not generally added to your Basis (cost) as they are usually deductible in the year you pay them (except for certain situations when you make a special election to add them to your Basis).
