VALUATIONS
2018 Ad Valorem Roll (regular) SEV (State Equalized Value): 1,259,028,800 &
TV (Taxable Value): 1,092,831,114
2018 IFT Roll (tax abatement) SEV: 35,443,500 & TV: 33,404,705
2018 Total SEV (Ad Valorem & IFT): 1,294,472,300 & TV: 1,126,235,819
WALKER’S GROWTH SINCE 2008 (10 YEARS)
| CLASS OF PROPERTY | 2008 SEV | 2018 SEV | % INCREASE |
|---|---|---|---|
| All Classes - Total |
1,135,747,500 |
1,259,028,800 |
+10.85% |
| Real Property - Total |
996,178,900 |
1,137,354,600 |
+14.17% |
| Commercial |
246,069,200 |
269,586,900 |
+9.56% |
| Industrial |
212,098,100 |
239,355,000 |
+12.85% |
| Residential |
538,011,600 |
628,412,700 |
+16.80% |
| Personal Property |
139,568,600 |
121,674,200 |
-12.82% |
PARCEL COUNT
Total # of Parcels in 2018: 9,644
# of Residential: 7,091 (73.53%)
# of Commercial: 456 (4.73%)
# of Industrial: 407 (4.22%)
# of Personal – Commercial: 1,255 (13.01%)
# of Personal – Industrial: 107 (1.11%)
# of Personal – Utility: 15 (0.16%)
# of IFT’s – Personal: 71 (0.73%)
# of IFT’s – Real: 29 (0.30%)
# of Exempt: 213 (2.21%)
RANK IN KENT COUNTY – based on total valuation – for 2018
1. City of Grand Rapids (4,860,125,060)
2. City of Wyoming (2,056,353,671)
3. City of Kentwood (1,969,364,642)
4. Cascade Township (1,575,842,302)
5. Plainfield Township (1,255,812,118)
6. City of Walker (1,092,831,114)
TOP TEN TAXPAYERS IN WALKER – 2018 & their Taxable Value (TV)
1. Meijer Inc (Retail/Grocer) - 61,867,839 TV
2. Edward Rose & Associates (Owner of 3 apartment complexes) - 20,930,805 TV
3. MREIC/Fedex (Interstate Transportation) - 19,001,200 TV
4. Visser Brothers (Developer) - 18,991,321 TV
5. Betz Industries (Molding & Castings) - 17,022,046 TV
6. Consumers Energy (Utility Company) - 14,502,392 TV
7. Challenge Manufacturing (Stamping & Assembly) - 14,109,202 TV
8. Kimco Green Orchard (Mall/Retail) - 11,342,285 TV
9. New West MI Industrial Investors (Real Estate Investors) - 9,929,924 TV
10. Ridgeview Industries (Stamping & Assembly) - 9,775,072 TV
TOTAL BUSINESSES IN WALKER – 2018 = 1,058
RESIDENTIAL INFORMATION – 2018
- 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
- Average Sale Price of Homes in Walker for 2017 = $189,460
APARTMENTS IN WALKER – 2018
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 = 115 structures (230 units)
# of 4-Plexes = 17 structures (68 units)
CONDO DEVELOPMENTS – 2018
|
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, 6 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, 16 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 |
Totally built - none under construction - no future phases |
56 |
|
�€€ |
Total |
744 |
|
Site Condo Developments in Walker |
||
|
Development Name |
Comments |
# of Lots |
|
Cambridge Grove |
Of the 27 lots, 3 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
Summerbrook Estates - 25 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)