Official Clay County, Iowa website, the main site for all things related to County Government in Clay County, Iowa. Courthouse located in Spencer, Iowa.


Real Estate And Tax Query Results

Parcel Information:

 
Parcel ID 530  9737 12 276 008  00 Picture of Property
Location 418  1ST AVE SW FOSTORIA
Tax District 530 000 FOSTORIA INC SPENCER COMM
Map ID 9737 12 276 008 
GIS ID
Class R  Residential
Acres
Gross
Taxable

.00
.00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 098001460 Heinrichs, Crayton E PO Box 21 Fostoria , IA
Deed 098005270 Hagedorn, Cassie L 418 1st Ave SE Fostoria , IA

Legal Information

Legal Description1 Section:   Township: 5  Range:
12 1 SUMMIT VIEW ADD    

1NOTE: Legal descriptions on the web may have been shortened for computer purposes, therefore, they cannot be used for legal matters. Please contact the proper office for full legal descriptions.

Credits and Exemptions:  Homestead, Military
(Applied 2020 AND 2021)

2019 Property Valuation:

(Payable in 2020 AND 2021)
Property
Type
Assessed
Value
Taxable
Value
Land 9,360 5,155
Bldgs 116,320 64,062
Gross Totals 125,680 69,217
Military Credit 1,852 1,852
Net Totals 123,828 67,365

Current Real Estate Tax Liabilities:  
  click here to pay taxes on line
Year     
Payable
Receipt  
Number2
  1st Half   2nd Half Notes
Due Amount Due Amount
2019/2020  12203 09/30/2019 .00 03/31/2020 838.00  

Other Tax Liabilities:

Year     
Payable
Receipt
Number
Date Due Amount     Project Name Notes
Preliminary Preliminary 651.39 CITY OF FOSTORIA  
Preliminary Preliminary 221.20 CITY OF FOSTORIA  

Valuation History

Year     
Payable
Receipt  
Number2
100%  
Value
Rollback
Value  
Tax     
Dollars
Credits
Homestead Military Family Farm Ag Land Elderly BPTC
2019/2020  12203 115,660 65,832 $1,676.00 137.40 1,852        
2018/2019  12176 115,660 64,331 $1,648.00 138.61 1,852        
2017/2018  12131 111,240 63,339 $1,660.00 142.17 1,852        
2016/2017  12092 111,240 61,879 $1,646.00 144.65 1,852        
2015/2016  12056 107,150 59,719 $1,578.00 144.30 1,852        
2014/2015  11992 107,150 58,290 $1,524.00 143.36 1,852        
2013/2014  11966 110,610 58,421 $1,606.00 150.52 1,852        
2012/2013  11873 110,610 56,136 $1,506.00 112.88 1,852        
2011/2012  11817 98,370 47,739 $1,278.00 91.15 1,852        
2010/2011  11747 98,370 46,144 $1,258.00 94.73 1,852        
2009/2010  11702 99,020 45,142 $1,386.00            
2008/2009  11658 12,020 5,298 $162.00            
2007/2008  11617 90 41 $2.00            
2006/2007  11553 90 41 $2.00            
2005/2006  11514 80 38 $2.00            
2004/2005   11464 80 39 $2.00            
2003/2004   11445 80 41 $2.00            
2002/2003   11466 510 264 $8.00            
2001/2002   11518 470 264 $8.00            
2000/2001   11617 470 258 $8.00            
1999/2000   11609 445 251 $6.00            
1998/1999   11576 445 244 $6.00            
1997/1998   05565 416 245 $6.00            
1996/1997   05550 416 247 $6.00            
1995/1996   05495 303 205 $6.00            
1994/1995   05460 303 206 $6.00            
1993/1994   05431 281 204 $6.00            
1992/1993   05397 281 205 $6.00            
1991/1992   05356 374 297 $8.00            
1990/1991   05319 374 299 $8.00            
1989/1990   05279 374 302 $8.00            
1988/1989   05436 374 301 $8.00            

Note   n/a indicates that a credit exists but the dollar amount of the credit is not available.

Current Tax Levy on the Property - Distribution of Funds:

    Taxing
    Entity
Percent of
Tax Dollars
Current
Dollars 
Last Year
Dollars  
County Wide
Current    
County Wide
Last Year  
SPENCER SCHOOL 45.990% 770.77 778.51 8,887,137.00 8,930,644.00
FOSTORIA INC 28.592% 479.20 467.07 91,501.00 89,665.00
COUNTY/CO.WIDE 17.248% 289.08 272.72 5,572,671.00 5,215,066.00
MERGED AREA 3 3.727% 62.47 64.36 7,123,293.00 7,245,846.00
DEBT SERVICE 1.536% 25.75 25.10 515,711.00 499,132.00
ASSESSOR 1.422% 23.84 19.02 459,557.00 363,756.00
AG EXTENSION .756% 12.67 12.87 244,142.00 246,007.00
COUNTY SERVICES .719% 12.05 8.18 232,213.00 156,352.00
SPEC.DIST/T.B. .010% .17 .17 477,841.00 472,127.00
Totals 100% 1,676.00

Tax Calculation 2019-2020

Assessed Value 115,660

The assessed value is set by the assessor. The assessed value is multiplied by a rollback factor resulting in the Net Assessed Value.

8The rollback factor varies for each parcel, consequently it is not possible to display a single rollback percentage. (The County Auditor can supply the actual rollback(s) for each parcel.)

The Military exemption, if any, is subtracted from the Net Assessed Value giving the Taxable Value.

The Levy Rate (%) is set annually by the state. Gross Taxes Due are calculated by multiplying the taxable value by the Levy Rate.

From the Gross Taxes Due several credits may be given. These include the Homestead Credit, Elderly Credit (determined by income), Agriculture Land Credit, Family Farm, (percent of value), and Business Property Tax Credits.

Finally, any future payments are subtracted from the Gross Taxes Due. This yields the Net Taxes Due which are rounded to the nearest even dollar. Taxes are payable in two installments due on Sept 30, 2019 and on March 31, 2020

X Roll Back Factor8  
= Net Assessed Value 65,832
- Military Exemption 1,852
= Taxable Value 63,980
X 2019 Levy Rate 28.3298400
= Gross Taxes Due 1,812.54
- Homestead Credit 137.40
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 1,676.00

9Additional information on Iowa property taxes is available by accessing the Iowa Department of Revenue and Finance website.

Recorded Documents

Grantor/Grantee
Type3  Name
Document Type
    Legal Desc4
Book
Page
Rec Date 
Inst Date
Document
Number
2  HEINRICHS CRAYTON E
2  HAGEDORN CASSIE L
1  PATRICK PROPERTIES LC
TOWN LOT WARRANTY DEED 2008
1546
5/28/2008
5/21/2008
    1546

2 Adobe Acrobat Reader 7.0 or later recomended for viewing documents.
3A "1" indicates a grantor and a "2" the grantee. The entity receiving an interest in a property is the GRANTEE. A GRANTOR is the entity that is selling or giving up an interest in a property.
4NOTE: Legal descriptions on the web may have been shortened for computer purposes, therefore, they cannot be used for legal matters. Please contact the proper office for full legal descriptions.


Information current through close of business 01/26/2020

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