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  9637 12 456 006  00 Picture of Property
Location 1000  W 5TH ST SPENCER
Tax District 640 000 SPENCER INC SPENCER COMM
Map ID 9637 12 456 006 
GIS ID
Class R  Residential
Acres
Gross
Taxable

.00
.00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Quit Claim Deed 909936470 Three Pines Properties, LLC 2090 400th St Spencer , IA

Legal Information

Legal Description1 Section:   Township: 17  Range:
7 5 HOWE'S 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 16,460 7,628
Bldgs 106,130 49,184
Gross Totals 122,590 56,812
Military Credit 0 0
Net Totals 122,590 56,812

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  15590 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  15590 97,760 53,426 $1,722.00            
2022/2023  15564 91,640 49,605 $1,638.00            
2021/2022  15537 91,350 51,530 $1,720.00            
2020/2021  15489 91,350 50,310 $1,462.00 155.95          
2019/2020  15353 85,110 48,443 $1,406.00 156.31          
2018/2019  15330 85,110 47,339 $1,380.00 157.53          
2017/2018  15282 82,530 46,992 $1,400.00 161.14          
2016/2017  15242 82,530 45,908 $1,384.00 163.53          
2015/2016  15185 70,400 39,236 $1,156.00 163.18          
2014/2015  15094 70,400 38,298 $1,118.00 162.24          
2013/2014  15038 73,270 38,699 $1,148.00 164.36          
2012/2013  14944 73,270 37,186 $1,122.00 127.00          
2011/2012  14906 78,760 38,222 $1,180.00 102.58          
2010/2011  14838 78,760 36,945 $1,132.00 103.90          
2009/2010  14794 73,090 33,321 $998.00 118.65          
2008/2009  14755 73,090 32,218 $964.00 117.15          
2007/2008  14714 70,210 31,987 $924.00 115.04          
2006/2007  14647 69,050 31,761 $916.00 122.06          
2005/2006  14712 62,770 30,107 $864.00 124.02          
2004/2005   14644 62,770 30,416 $820.00 121.64          
2003/2004   14616 62,770 32,256 $830.00 121.72          
2002/2003   14650 49,630 25,643 $744.00            
2001/2002   14726 45,530 25,618 $714.00            
2000/2001   14884 45,530 24,974 $712.00            
1999/2000   14941 42,956 24,261 $536.00 133.99          
1998/1999   14894 42,956 23,587 $526.00 136.06          
1997/1998   08852 37,466 22,040 $488.00 137.65          
1996/1997   08843 36,367 21,572 $468.00 135.79          
1995/1996   08780 30,989 20,919 $466.00 140.55          
1994/1995   08741 30,989 21,085 $464.00 138.41          
1993/1994   08717 27,173 19,755 $432.00 140.66          
1992/1993   08675 27,173 19,853 $424.00 137.17          
1991/1992   08643 25,152 19,987 $426.00 136.53          
1990/1991   08946 25,152 20,083 $418.00 133.03          
1989/1990   08904 22,920 18,482 $380.00 135.52          
1988/1989   09046 22,920 18,472 $370.00 131.63          

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 40.918% 704.61 649.34 7,196,411.00 7,226,607.00
SPENCER SCHOOL 37.120% 639.21 632.68 8,805,115.00 9,282,650.00
COUNTY/CO.WIDE 15.134% 260.61 242.21 5,863,703.00 5,748,924.00
MERGED AREA 3 3.488% 60.07 55.09 8,486,628.00 8,211,242.00
ASSESSOR 1.336% 23.00 22.09 517,511.00 524,358.00
DEBT SERVICE 1.300% 22.38 25.45 529,757.00 628,951.00
AG EXTENSION .698% 12.02 11.02 270,546.00 261,696.00
SPEC.DIST/T.B. .006% .10 .12 354,498.00 462,458.00
Totals 100% 1,722.00

Tax Calculation 2023-2024

Assessed Value 97,760

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 53,426
- Military Exemption 0
= Taxable Value 53,426
X 2023 Levy Rate 32.2343200
= Gross Taxes Due 1,722.15
- Homestead Credit .00
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 1,722.00

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  BRONS AGNES L
2  WRIGHT RUSSELL F JR
TOWN LOT WARRANTY DEED
    SP HOWE BLK 05 L 07
2001
3177
9/26/2001
9/20/2001
    3177
Document not online, inquire at recorder's office.
1  WRIGHT RUSSELL F JR
2  LOGAN LUKE T
TOWN LOT WARRANTY DEED 2007
405
2/09/2007
2/09/2007
    405
2  UNITED STATES OF AMERICA
1  LOGAN LUKE T
1  CLAY COUNTY SHERIFF
2  RURAL HOUSING SERVICE
2  UNITED STATES DEPARTMENT OF AGRICULTURE
TOWN LOT SHERIFF'S DEED 2019
3074
11/18/2019
11/06/2019
    3074
2  THREE PINES PROPERTIES LLC
1  UNITED STATES OF AMERICA
1  RURAL HOUSING SERVICE
1  UNITED STATES DEPARTMENT OF AGRICULTURE
TOWN LOT QUIT CLAIM DEED 2020
1524
6/05/2020
6/01/2020
    1524

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 03/28/2024

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