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 620  9538 12 302 003  00 Picture of Property
Location 305  MEADOW ST ROYAL
Tax District 620 000 ROYAL INC CLAY CENTRAL/EV
Map ID 9538 12 302 003 
GIS ID
Class R  Residential
Acres
Gross
Taxable

.00
.00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 909937477 Moran Rental Properties LLC 2051 358th St Spencer , IA

Legal Information

Legal Description1 Section:   Township: 15  Range:
E 1/2 3 1 4TH ADD ALL 4 1 4TH 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:  (none)
(Applied 2024 AND 2025)

2023 Property Valuation:

(Payable in 2024 AND 2025)
Property
Type
Assessed
Value
Taxable
Value
Land 9,750 4,518
Bldgs 50,990 23,630
Gross Totals 60,740 28,148
Military Credit 0 0
Net Totals 60,740 28,148

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
2023/2024  13020 09/30/2023 .00 03/31/2024 .00  

Valuation History

Year     
Payable
Receipt  
Number2
100%  
Value
Rollback
Value  
Tax     
Dollars
Credits
Homestead Military Family Farm Ag Land Elderly BPTC
2023/2024  13020 55,200 30,166 $790.00            
2022/2023  12990 52,500 28,419 $768.00            
2021/2022  12964 53,340 30,089 $762.00            
2020/2021  12913 53,340 29,377 $760.00            
2019/2020  12794 51,010 29,034 $744.00            
2018/2019  12769 51,010 28,372 $610.00 125.84          
2017/2018  12723 44,280 25,212 $554.00 131.72          
2016/2017  12686 44,280 24,631 $536.00 131.58          
2015/2016  12651 44,340 24,712 $542.00 132.36          
2014/2015  12585 44,340 24,121 $570.00 143.26          
2013/2014  12557 44,660 23,588 $620.00 160.40          
2012/2013  12465 44,660 22,666 $634.00 126.83          
2011/2012  12410 43,680 21,197 $632.00 106.47          
2010/2011  12340 43,680 20,490 $548.00 97.74          
2009/2010  12293 43,670 19,909 $512.00 110.71          
2008/2009  12245 43,670 19,250 $496.00 109.91          
2007/2008  12205 47,540 21,659 $524.00 102.57          
2006/2007  12139 47,540 21,867 $514.00 105.88          
2005/2006  12105 43,220 20,730 $482.00 107.63          
2004/2005   12054 43,220 20,942 $430.00 99.06          
2003/2004   12028 43,220 22,210 $478.00 108.77          
2002/2003   12046 36,870 19,049 $380.00 112.71          
2001/2002   12289 33,820 19,029 $350.00 119.56          
2000/2001   12406 33,820 18,551 $340.00 120.29          
1999/2000   12401 31,900 18,017 $314.00 115.31          
1998/1999   12368 31,900 17,516 $308.00 117.81          
1997/1998   06360 29,813 17,539 $330.00 126.08          
1996/1997   06346 29,813 17,685 $302.00 114.31          
1995/1996   06292 21,454 14,483 $226.00 113.28          
1994/1995   06257 21,454 14,597 $220.00 109.45          
1993/1994   06231 19,865 14,442 $218.00 109.80          
1992/1993   06193 16,333 11,933 $162.00 110.41          
1991/1992   06155 19,389 15,407 $248.00 113.54          
1990/1991   06117 19,389 15,481 $256.00 116.52          
1989/1990   06077 19,389 15,635 $232.00 104.58          
1988/1989   06234 19,389 15,626 $248.00 111.55          

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  
ROYAL INC 40.752% 321.94 314.95 172,109.00 154,248.00
CCE/SCHOOL 32.239% 254.69 249.23 2,352,696.00 2,306,152.00
COUNTY/CO.WIDE 18.613% 147.04 138.68 5,863,703.00 5,748,924.00
MERGED AREA 3 4.290% 33.89 31.54 8,486,628.00 8,211,242.00
ASSESSOR 1.643% 12.98 12.65 517,511.00 524,358.00
DEBT SERVICE 1.599% 12.63 14.57 529,757.00 628,951.00
AG EXTENSION .858% 6.78 6.31 270,546.00 261,696.00
SPEC.DIST/T.B. .006% .05 .07 354,498.00 462,458.00
Totals 100% 790.00

Tax Calculation 2023-2024

Assessed Value 55,200

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, 2023 and on March 31, 2024

X Roll Back Factor8  
= Net Assessed Value 30,166
- Military Exemption 0
= Taxable Value 30,166
X 2023 Levy Rate 26.2102600
= Gross Taxes Due 790.66
- Homestead Credit .00
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 790.00

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
1  EMMERT KENNETH W
2  PANKO MATTHEW C
1  EMMERT SHARON K
2  PANKO JESSICA J
TOWN LOT WARRANTY DEED
    ROY FOURTH BLK 01 L 03,04
2000
2668
9/15/2000
9/05/2000
    2668
2  MIDFIRST BANK
1  PANKO MATTHEW C
1  PANKO JESSICA J
1  CLAY COUNTY SHERIFF
1  MIDFIRST BANK
TOWN LOT SHERIFF'S DEED 2018
1885
7/17/2018
7/11/2018
    1885
1  MIDFIRST BANK
2  SECRETARY OF HOUSING & URBAN DEVELOPMENT OF WASHINGTON DC
TOWN LOT WARRANTY DEED 2019
157
1/17/2019
7/25/2018
    157
1  SECRETARY OF HOUSING & URBAN DEVELOPMENT OF WASHINGTON DC
2  MORAN RYAN C
1  SECRETARY OF HOUSING & URBAN DEVELOPMENT
TOWN LOT WARRANTY DEED 2019
1454
6/10/2019
6/06/2019
    1454
1  MORAN RYAN C
1  MORAN REBECCA J
2  MORAN RENTAL PROPERTIES LLC
TOWN LOT WARRANTY DEED 2020
2565
8/26/2020
8/19/2020
    2565

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 04/15/2024

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