2017 Statistics

VALUATIONS

2017 Ad Valorem Roll (regular) SEV (State Equalized Value): 1,202,361,900 &
          TV (Taxable Value): 1,047,302,357
2017 IFT Roll (tax abatement) SEV: 44,105,600 & TV: 42,104,311
2017 Total SEV (Ad Valorem & IFT): 1,246,467,500 & TV: 1,089,406,668

WALKER’S GROWTH SINCE 2007 (10 YEARS)

CLASS OF PROPERTY2007 SEV2017 SEV% INCREASE
All Classes - Total

1,149,302,300

1,202,361,900

+4.62%

Real Property - Total

1,011,726,600

1,082,548,700

+7.00%

Commercial

250,170,100

266,266,900

+6.43%

Industrial

210,792,900

213,753,700

+1.40%

Residential

550,763,600

602,528,100

+9.40%

Personal Property

137,575,700

119,813,200

-12.91%

 

PARCEL COUNT

Total # of Parcels in 2017:  9,569

# of Residential: 7,032 (73.49%)
# of Commercial: 456 (4.77%)
# of Industrial: 410 (4.28%)
# of Personal – Commercial: 1,231 (12.86%)
# of Personal – Industrial: 110 (1.15%)
# of Personal – Utility: 15 (0.16%)
# of IFT’s – Personal: 79 (0.83%)
# of IFT’s – Real: 27 (0.28%)
# of Exempt: 209 (2.18%)

RANK IN KENT COUNTY – based on total valuation – for 2017

1. City of Grand Rapids (4,629,447,243)
2. City of Wyoming (1,983,103,037)
3. City of Kentwood (1,894,714,015)
4. Cascade Township (1,498,249,396)
5. Plainfield Township (1,198,207,827)
6. City of Walker (1,047,302,357)

TOP TEN TAXPAYERS IN WALKER – 2017 & their Taxable Value (TV)
      1. Meijer Inc (Retail/Grocer) - 61,032,626 TV
      2. Visser Brother (Developer) - 21,366,904 TV
      3. Edward Rose & Associates (Owner of 3 apartment complexes) - 20,505,680 TV
      4. Betz Industries (Molding & Castings) - 17,744,357 TV
      5. Challenge Manufacturing (Stamping & Assembly) - 14,584,468 TV
      6. Consumers Energy (Utility Company) - 14,040,713 TV
      7. Kimco Green Orchard (Mall/Retail) - 11,229,443 TV
      8. New West MI Industrial Investors (Real Estate Investors) - 9,725,686 TV
      9. Ridgeview Industries (Stamping & Assembly) - 9,614,243 TV
     10. The Orchards (Apartments) - 8,891,552 TV

TOTAL BUSINESSES IN WALKER – 2017 = 995

RESIDENTIAL INFORMATION – 2017
Sales include foreclosures (end sale from Bank to New Owner) - you can see when those affected the market, starting in 2008 (heading back in a positive direction by 2012).
     - Average Sale Price of Homes in Walker for 2005 = $165,940
     - Average Sale Price of Homes in Walker for 2006 = $161,256
     - Average Sale Price of Homes in Walker for 2007 = $169,497
     - Average Sale Price of Homes in Walker for 2008 = $141,984
     - Average Sale Price of Homes in Walker for 2009 = $129,330
     - Average Sale Price of Homes in Walker for 2010 = $128,744
     - Average Sale Price of Homes in Walker for 2011 = $126,706
     - Average Sale Price of Homes in Walker for 2012 = $133,380
     - Average Sale Price of Homes in Walker for 2013 = $143,679
     - Average Sale Price of Homes in Walker for 2014 = $157,419
     - Average Sale Price of Homes in Walker for 2015 = $164,558
     - Average Sale Price of Homes in Walker for 2016 = $174,764


 APARTMENTS IN WALKER – 2017

Apple Ridge Apartments (Standale area – south of Lake Michigan Dr & East of Kinney) = 807 Units
Green Ridge Apartments (Behind Malls - north of I-96 & east of Alpine) = 624 units
Hampton Lake Apartments (Standale area - north of Lake Mich Dr & east of Kinney) = 200 units
The Orchards Apartments (South of 4 Mile, just west of Alpine) = 663 units
Pineridge Apartments (South of 3 Mile Rd, just east of Wilson) = 146 units
Richmond Hills Apartments (East of Bristol, north off Dunlap St) = 220 units
Royal Vista Apartments & Townshouses (South off 3 Mile, east of Elmridge) = 246 apartments
                                                                                                                              & 102 townhouses
Total of 3,008 units

DUPLEX AND 4-PLEX DWELLINGS IN WALKER

# of Duplexes = 112 structures (224 units)
# of 4-Plexes = 17 structures (68 units)

CONDO DEVELOPMENTS – 2017

Condo Developments In Walker

Development Name

Comments

# of Units

Alpine Estates Condos

Totally built - none under construction - no future phases

12

Barkwood Condos

Totally built - none under construction - no future phases

40

English Hills Condos

Totally built - none under construction - no future phases

64

English Ridge Condos

Totally built - none under construction - no future phases

28

Falcon Pointe Condos

Totally built - none under construction - no future phases

81

Huntington Ridge Condos

Of the 124 units, 7 are vacant

124

Indian Mill Creek Condos

Totally built - none under construction - no future phases

71

Ironwood Condos

Totally built - none under construction - no future phases

118

Jason Ridge Condos

Of the 46 units, 18 are vacant

46

Rolling Greene Condos

Totally built - none under construction - no future phases

44

Village Woods Condos

Totally built – none under construction – no future phases

60

Bristol Ridge Condos

Of the 56 units, 4 are vacant

56

�€€

Total

744

Site Condo Developments in Walker

Development Name

Comments

# of Lots

Cambridge Grove

Of the 27 lots, 5 are vacant – 116 future lots

27

Canyon Creek

9 of the 27 lots remain vacant

27

Drakewood

All built

5

Riverbend Meadows

1 of the 12 lots remain vacant

12

Serenity Ridge

1 of the 54 lots remain vacant

54

Sylvandale

1 of the 23 lots remain vacant

23

�€€

Total

148

 

NEW RESIDENTIAL DEVELOPMENTS COMING SOON:
    
Winchester Woods - 48 total - Phase two was recently split
     Summerbrook Estates - 23 lots in phase one - 46 total
     Meadow Springs Condos - phase one - 28 units 
     Winding Creek - 10 Lots

MISCELLANEOUS INFORMATION

     Walker is 26.7 square miles in area
     Walker 's Populations from the 2010 Census was 23,537
     Walker has 3 public school districts: Kenowa Hills (41145), Grandville (41130) & Comstock Park (41080)