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 Recorder New Tax Sale Certificate  Plat Map  Appraisal Data
Real Estate Recorder Tax Sale Plat Map Appraisal Data

Clay county Iowa real estate property ownerships, property values, legal descriptions, historical property valuations, levy rate tax calculation, distribution of taxes collected to county, school, area school, corporation city, townships, copy of tax statement available online, recorded documents deeds mortgages for a property.
Clay county Iowa recorder documents indexed, grantor buyer, grantee seller, legal description, recording book and page index, view legal recorded document with subscription.

Real Estate And Tax Query Results

Parcel Information:

 
Parcel ID 640  9636 07 353 008  00 Picture of Property
Location 205  W 6TH ST SPENCER
Tax District 640 000 SPENCER INC SPENCER COMM
Map ID 9636 07 353 008 
GIS ID
Class R  Residential
Net Taxable Acres .00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Sheriff's Deed 098002305 Midfirst Bank 999 NW Grand Blvd Suite 100 Oklahoma City , OK

Legal Information

Legal Description1 Section:   Township: 17  Range:
W 40' OF E 92' 2-4 23 1ST RY ADD EXC N 15'
2 23 1ST RY 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 2011 AND 2012)

2010 Property Valuation:

(Payable in 2011 AND 2012)
Property
Type
Assessed
Value
Taxable
Value
Land 5,870 n/a            
Bldgs 41,350 n/a            
Gross Totals 47,220 n/a            
Military Credit 0 n/a            
Net Totals 47,220 n/a            

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
2010/2011  15385 09/30/2010 319.00 03/31/2011 319.00  

Valuation History

Year     
Payable
Receipt
Number
100%  
Value
Rollback
Value  
Tax     
Dollars
Credits
Homestead Military Family Farm Ag Land Elderly
2010/2011  15385 47,220 22,151 $638.00 103.90        
2009/2010  15338 49,460 22,549 $638.00 118.65        
2008/2009  15298 49,460 21,802 $614.00 117.15        
2007/2008  15262 47,460 21,623 $588.00 115.04        
2006/2007  15193 47,460 21,830 $592.00 122.06        
2005/2006  15275 43,140 20,692 $554.00 124.02        
2004/2005   15212 43,140 20,904 $526.00 121.64        
2003/2004   15185 43,140 22,169 $532.00 121.72        
2002/2003   15222 40,370 20,858 $478.00 126.65        
2001/2002   15328 37,030 20,835 $582.00          
2000/2001   15497 37,030 20,311 $580.00          
1999/2000   15574 34,933 19,730 $412.00 133.99        
1998/1999   15535 34,933 19,181 $402.00 136.06        
1997/1998   09497 29,886 17,581 $362.00 137.65        
1996/1997   09493 29,886 17,727 $360.00 135.79        
1995/1996   09431 25,545 17,244 $360.00 140.55        
1994/1995   09347 25,545 17,381 $358.00 138.41        
1993/1994   09322 21,595 15,699 $314.00 140.66        
1992/1993   09278 21,595 15,778 $310.00 137.17        
1991/1992   09246 19,904 15,816 $308.00 136.53        
1990/1991   09651 19,904 15,893 $302.00 133.03        
1989/1990   09607 17,118 13,804 $250.00 135.52        
1988/1989   09896 17,118 13,796 $242.00 131.63        

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 SCHOOL 43.588% 278.09 277.79 6,883,869.00 6,696,201.00
SPENCER INC 35.003% 223.32 223.10 4,415,725.00 4,323,932.00
COUNTY/CO.WIDE 17.445% 111.30 111.59 4,885,493.00 4,682,302.00
MERGED AREA 3 2.334% 14.89 14.81 3,668,664.00 3,423,467.00
ASSESSOR .934% 5.96 6.22 261,055.00 260,426.00
AG EXTENSION .687% 4.38 4.43 191,669.00 185,363.00
SPEC.DIST/T.B. .009% .06 .06 411,479.00 346,545.00
Totals 100% 638.00

Tax Calculation 2010-2011

Assessed Value 47,220

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 (eligibility requirements), 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, and the Family Farm, (percent of value) 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, 2010 and on March 31, 2011

X Roll Back Factor8  
= Net Assessed Value 22,151
- Military Exemption 0
= Taxable Value 22,151
X 2010 Levy Rate 33.4741900
= Gross Taxes Due 741.49
- Homestead Credit 103.90
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- Future Payments .00
= Net Taxes Due9 638.00

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  POTTS DANIEL L
1  POTTS DIANNA M
2  WURM SHELLY
TOWN LOT WARRANTY DEED
    SP C.M.ST.P.RLWY BLK 23 L 02-04
2001
241
1/30/2001
1/25/2001
    241
2  MIDFIRST BANK
1  WURM SHELLY S
1  WURM SHELLY
1  CLAY COUNTY SHERIFF
1  MIDFIRST BANK
TOWN LOT SHERIFF'S DEED 2010
914
4/20/2010
4/15/2010
    914

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 07/30/2010
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