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 PROPERTY | 2007 SEV | 2017 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)