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 18 351 007  00 Picture of Property
Location 234  8TH ST SW SPENCER
Tax District 640 000 SPENCER INC SPENCER COMM
Map ID 9636 18 351 007 
GIS ID
Class R  Residential
Net Taxable Acres .00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 009935565 Foreman, Teresa Kay 234 8th St SW Spencer , IA

Legal Information

Legal Description1 Section:   Township: 17  Range:
7 2 SOUTHMOOR 3RD    

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
(Applied 2011 AND 2012)

2010 Property Valuation:

(Payable in 2011 AND 2012)
Property
Type
Assessed
Value
Taxable
Value
Land 13,630 n/a            
Bldgs 100,300 n/a            
Gross Totals 113,930 n/a            
Military Credit 0 n/a            
Net Totals 113,930 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  15696 09/30/2010 843.00 03/31/2011 843.00  

Valuation History

Year     
Payable
Receipt
Number
100%  
Value
Rollback
Value  
Tax     
Dollars
Credits
Homestead Military Family Farm Ag Land Elderly
2010/2011  15696 113,930 53,444 $1,686.00 103.90        
2009/2010  15644 121,410 55,350 $1,736.00 118.65        
2008/2009  15600 121,410 53,518 $1,678.00 117.15        
2007/2008  15564 112,960 51,464 $1,558.00 115.04        
2006/2007  15494 112,510 51,750 $1,570.00 122.06        
2005/2006  15576 102,280 49,058 $1,484.00 124.02        
2004/2005   15513 88,120 42,699 $1,200.00 121.64        
2003/2004   15486 88,120 45,283 $1,216.00 121.72        
2002/2003   15520 100,500 51,926 $1,380.00 126.65        
2001/2002   15623 92,200 51,877 $1,312.00 135.36        
2000/2001   15807 92,200 50,574 $1,304.00 138.39        
1999/2000   15881 86,978 49,124 $1,224.00 133.99        
1998/1999   15842 86,978 47,759 $1,204.00 136.06        
1997/1998   09807 70,537 41,496 $1,040.00 137.65        
1996/1997   09794 70,537 41,841 $1,036.00 135.79        
1995/1996   09735 59,425 40,116 $1,022.00 140.55        
1994/1995   09647 59,425 40,433 $1,016.00 138.41        
1993/1994   09618 47,754 34,716 $866.00 140.66        
1992/1993   09576 47,754 34,890 $850.00 137.17        
1991/1992   09552 43,976 34,945 $848.00 136.53        
1990/1991   10013 43,976 35,114 $830.00 133.03        
1989/1990   09978 40,057 32,301 $768.00 135.52        
1988/1989   10361 40,057 32,285 $744.00 131.63        

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 43.587% 734.88 755.86 6,883,869.00 6,696,201.00
SPENCER INC 35.002% 590.14 607.07 4,415,725.00 4,323,932.00
COUNTY/CO.WIDE 17.447% 294.15 303.63 4,885,493.00 4,682,302.00
MERGED AREA 3 2.334% 39.35 40.30 3,668,664.00 3,423,467.00
ASSESSOR .934% 15.75 16.93 261,055.00 260,426.00
AG EXTENSION .686% 11.56 12.05 191,669.00 185,363.00
SPEC.DIST/T.B. .010% .17 .16 411,479.00 346,545.00
Totals 100% 1,686.00

Tax Calculation 2010-2011

Assessed Value 113,930

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 53,444
- Military Exemption 0
= Taxable Value 53,444
X 2010 Levy Rate 33.4741900
= Gross Taxes Due 1,788.99
- Homestead Credit 103.90
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- Future Payments .00
= Net Taxes Due9 1,686.00

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  MEYER WILLIAM H
2  FOREMAN TERESA KAY
1  MEYER ROBERTA L
TOWN LOT WARRANTY DEED
    SP SOMOR 3RD BLK 02 L 07
2003
2621
6/03/2003
6/03/2003
    2621
Document not online, inquire at recorder's office.

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 09/03/2010
[Real Estate] [Recorder] [Tax Sale] [Plat Map] [Appraisal Data]

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