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 640  9636 18 108 001  00 Picture of Property
Location 334  W 2ND ST SPENCER
Tax District 640 000 SPENCER INC SPENCER COMM
Map ID 9636 18 108 001 
GIS ID
Class R  Residential
Acres
Gross
Taxable

.00
.00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Special WD 909938601 Swank, Michael J 334 W 2nd St Spencer , IA

Legal Information

Legal Description1 Section:   Township: 17  Range:
8-9 9 L & H    

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 22,210 10,293
Bldgs 136,020 63,035
Gross Totals 158,230 73,328
Military Credit 0 0
Net Totals 158,230 73,328

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  15753 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  15753 132,090 72,188 $2,326.00            
2022/2023  15727 119,200 64,523 $2,130.00            
2021/2022  15700 125,650 70,879 $2,366.00            
2020/2021  15652 149,480 82,325 $2,492.00 155.95          
2019/2020  15516 144,140 82,041 $2,488.00 156.31          
2018/2019  15493 144,140 80,172 $2,446.00 157.53          
2017/2018  15445 140,160 79,806 $2,490.00 161.14          
2016/2017  15402 140,160 77,966 $2,466.00 163.53          
2015/2016  15345 137,000 76,355 $2,406.00 163.18          
2014/2015  15254 137,000 74,528 $2,330.00 162.24          
2013/2014  15198 121,460 64,151 $2,010.00 164.36          
2012/2013  15104 121,460 61,643 $1,942.00 127.00          
2011/2012  15066 123,750 60,056 $1,914.00 102.58          
2010/2011  14998 123,750 58,050 $1,840.00 103.90          
2009/2010  14953 129,860 59,202 $1,866.00 118.65          
2008/2009  14914 129,860 57,242 $1,804.00 117.15          
2007/2008  14873 124,410 56,680 $1,726.00 115.04          
2006/2007  14805 124,410 57,224 $1,748.00 122.06          
2005/2006  14870 94,660 45,403 $1,364.00 124.02          
2004/2005   14802 94,660 45,868 $1,298.00 121.64          
2003/2004   14774 94,660 48,643 $1,314.00 121.72          
2002/2003   14809 98,240 50,759 $1,346.00 126.65          
2001/2002   14929 90,130 50,712 $1,280.00 135.36          
2000/2001   15090 90,130 49,438 $1,272.00 138.39          
1999/2000   15161 83,595 47,213 $1,170.00 133.99          
1998/1999   15116 83,595 45,901 $1,152.00 136.06          
1997/1998   09076 69,208 40,714 $1,018.00 137.65          
1996/1997   09068 67,582 40,088 $986.00 135.79          
1995/1996   09004 56,857 38,382 $972.00 140.55          
1994/1995   08965 56,857 38,685 $912.00 138.41 1,852        
1993/1994   08941 46,313 33,668 $782.00 140.66 1,852        
1992/1993   08899 46,313 33,837 $768.00 137.17 1,852        
1991/1992   08865 42,674 33,910 $818.00 136.53          
1990/1991   09196 42,674 34,074 $802.00 133.03          
1989/1990   09153 40,047 32,293 $902.00            
1988/1989   09302 40,047 32,276 $876.00            

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 INC 40.917% 951.75 844.38 7,196,411.00 7,226,607.00
SPENCER SCHOOL 37.120% 863.42 822.72 8,805,115.00 9,282,650.00
COUNTY/CO.WIDE 15.135% 352.03 314.94 5,863,703.00 5,748,924.00
MERGED AREA 3 3.488% 81.13 71.64 8,486,628.00 8,211,242.00
ASSESSOR 1.336% 31.07 28.73 517,511.00 524,358.00
DEBT SERVICE 1.300% 30.23 33.10 529,757.00 628,951.00
AG EXTENSION .698% 16.24 14.34 270,546.00 261,696.00
SPEC.DIST/T.B. .006% .13 .15 354,498.00 462,458.00
Totals 100% 2,326.00

Tax Calculation 2023-2024

Assessed Value 132,090

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 72,188
- Military Exemption 0
= Taxable Value 72,188
X 2023 Levy Rate 32.2343200
= Gross Taxes Due 2,326.93
- Homestead Credit .00
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 2,326.00

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  SANCHEZ DAVID E
2  SROUFE WARREN L
1  SANCHEZ FOSTER VALLETTE J
2  SROUFE SUANNE B
TOWN LOT WARRANTY DEED
    SP LOVE & HUB BLK 09 L 08,09
S-3
629
4/02/1997
3/26/1997
    2665
1  SROUFE WARREN L
1  SROUFE SUANNE B
2  MUNSON DAVID S
2  MUNSON ROBIN C
TOWN LOT WARRANTY DEED
    SP LOVE & HUB BLK 09 L 08,09
2004
2890
8/11/2004
8/08/2004
    2890
1  MUNSON DAVID S
1  MUNSON ROBIN C
2  REED ANDREW W
2  HEALY REED SALLY J
TOWN LOT WARRANTY DEED 2010
1822
7/19/2010
7/13/2010
    1822
1  CLAY COUNTY SHERIFF
2  WELLS FARGO BANK NA
1  REED ANDREW W
1  HEALY REED SALLY J
1  AAA COLLECTIONS INC
TOWN LOT SHERIFF'S DEED 2019
2767
10/17/2019
10/09/2019
    2767
1  WELLS FARGO BANK NA
1  SERVICELINK NLS LLC AIF
2  SECRETARY OF HOUSING & URBAN DEVELOPMENT
TOWN LOT WARRANTY DEED 2020
547
3/05/2020
3/04/2020
    547
1  SECRETARY OF HOUSING & URBAN DEVELOPMENT
2  SWANK MICHAEL J
TOWN LOT WARRANTY DEED 2020
2059
7/14/2020
7/06/2020
    2059

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 04/17/2024

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