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
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)