Statistics

For the year 2022, East Grand Rapid's total State Equalized Value (SEV) is $1,107,459,500 and is broken down as follows:

1,054,920,500 SEV for Residential (95%)

42,203,700 SEV for Commercial (4%)

10,335,300 SEV for Personal (1%)

Parcel Count

Total # of Parcels in 2022: 4,210

# of Residential- 3,927 (93%)

# of Commercial- 54 (1%)

# of Personal- 229 (5%)

Average sale price of homes in East in 2021 = $627,155

Median sale price of homes in East in 2021 = $450,500

2022 Average True Cash Value is $541,600

2022 Median True Cash Value is $447,500

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)

Class of Property	2011 SEV	2022 SEV	% Increase
All Classes-Total	$605,889,000	$1,107,459,500	82.7%
Real Property	$575,047,600	$1,054,920,500	83%
Commercial	$24,754,500	$42,203,700	70%
Personal Property	$6,086,900	$10,335,300	69.7%