Statistics
East Grand Rapid's 2023 total State Equalized Value (SEV) is $1,214,314,200 and is broken down as follows:
1,160,046,600 SEV for Residential (95%)
43,011,500 SEV for Commercial (4%)
11,256,100 SEV for Personal (1%)
Parcel Count
Total # of Parcels in 2023: 4,220
# of Residential- 3,927 (93%)
# of Commercial- 55 (1%)
# of Personal- 238 (6%)
2022 Average sale price of homes in East was $701,000
2022 Median sale price of homes in East was $555,000
2023 Average True Cash Value is $600,000
2023 Median True Cash Value is $493,000
East Grand Rapid's Top 10 Taxpayers for 2023
1) Spectrum Health-$9,912,137 (TV)
2) 2255 Wealthy LLC-$8,410,000 (TV)
3) Consumers Energy Co- $4,443,800 (TV)
4) David & Julie Bowen- $2,889,075 (TV)
5) Daniel & Sharon Bowen- $2,773,365 (TV)
6) DTE Gas Company- $2,693,900 (TV)
6) Spectrum Health-Select Specialty Hospital (5th Floor)- $2,476,100 (TV)
8) Lakewood Hills LLC- $2,281,923 (TV
9) David Geenen- $2,267,277 (TV)
10) Mackinac, LLC- $2,146,807 (TV)
East Grand Rapid's Top 10 Taxpayers for 2022
1) 2255 Wealthy LLC-$10,033,600 (TV)
2) Spectrum Health- $9,440,131 (TV)
3) Consumers Energy Co- $4,024,400 (TV)
4) David & Julie Bowen- $2,751,500 (TV)
5) Daniel & Sharon Bowen- $2,641,300 (TV)
6) Spectrum Health-Select Specialty Hospital (5th Floor)- $2,428,100 (TV)
7) DTE Gas Company- $2,173,900 (TV)
8) Lakewood Hills LLC- $2,173,260 (TV
9) David Geenen- $2,159,312 (TV)
10) Mackinac, LLC- $2,044,579 (TV)
East Grand Rapids Growth
Class of Property | 2011 SEV | 2023 SEV | % Increase |
---|---|---|---|
All Classes-Total | $605,889,000 | $1,214,314,200 | 100% |
Real Property | $575,047,600 | $1,160,046,600 | 101% |
Commercial | $24,754,500 | $43,011,500 | 73% |
Personal Property | $6,086,900 | $11,256,100 | 84% |