5200 Cascade Holdings LLC.pdf
5200 Cascade Holdings LLC, Petitioner Vs. Township Of Ada, Respondent · 25-001667-TT
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RECEIVED NY a. Co WAY 38 2025 MICHIGAN TAX TRIBUNAL Warner Norcross +Judd LLp May 21, 2025 Via Federal Express Michigan Tax Tribunal 4 oo 2nd Floor Michigan Tax Tribunal I: K2 2407 N. Grand River Avenue Lansing, Michigan 48906 Re: 5200 Cascade Holdings, LLC v Ada Township Dear Michigan Tax Tribunal: Enclosed for filing is an Entire Tribunal Property Tax Petition and a check in the amount of $600 for the filing fee. Please contact by office directly if you have any questions regarding the filing. Very, truly yours, 7 Christian E. Meyer CM/ldp Enclosure 32531720-1
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STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR 5200 Cascade Holdings, LLC, a Michigan limited liability company | MICHIGAN TAX TRIBUNAL Petitioner(s) A") MTT Docket No. Ada Township Respondent(s) ENTIRE TRIBUNAL PROPERTY TAX PETITION 1. Property Parcel No: 41-15-31-376-018 (If more than one parcel is at issue, attach a completed Multiple Parcel Petition Form addressing all other parcels at issue.) 2. The property identified above is X real ___ personal. 3. If more than one parcel of real property is under appeal, are the properties contiguous? ___ Yes ___ No. (If no, separate Petitions are required for each non- contiguous parcel.) Not applicable. 4. Are all of the parcels of personal property located on a parcel of real property | under appeal? Yes __ No. (If no, separate Petitions are required for each | parcel of personal property not located on a parcel of real property under appeal.) Not applicable. | 5 If parcels of personal property are under appeal, when were the personal | property statements filed by parcel number (attach additional page if necessary): Not applicable. 6. The property identified above is classified as 201 (Commercial Improved)
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MTT Docket No. Page 2 of 4 10. 11. 12. 13. If a protest was required and no protest was made, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal's authority over the assessment or assessments at issue (attach additional page if necessary): Not applicable because the subject property is classified as commercial so no protest to the board of review is required. MCL 205.735a(4)(a). See attached Exhibit A. If the appeal was not submitted by the deadline for the filing of an appeal for the classification or classifications of the properties at issue (i.e., May 31 or July 31 of the tax year involved), list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’'s authority over the assessment or assessments at issue (attach additional page if necessary): Not applicable. The property or properties at issue are located in Kent County. The property or properties’ address is: 5200 Cascade Road SE Grand Rapids, Michigan 49546 The assessment or assessments at issue were established by the (applicable local governmental unit): Ada Township Petitioner's legal residence or principal office address is: 200 Monroe Avenue NW Grand Rapids, Michigan 49503 chrisl@rdvcorp.com (616) 643-4789 This appeal involves issues relating to the (check all that are applicable): X the property or properties’ true cash and taxable values the property or properties’ taxable value only If the property or properties’ taxable value is at issue, is there a dispute as to the value of an addition or loss? ___ Yes X No uniformity of the property or properties’ assessment
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MTT Docket No. Paae 3 of 4 = = 15. If more than the current tax year is being appealed, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal's authority over the prior tax year or years (attach additional page if necessary): Not applicable. 16. The values for the property identified above as established by Respondent's Board of Review are: Tax Year True Cash Value Assessed Value Taxable Value 2025 $5,676,200 $2,838,100 $2,838,100 17. Petitioner contends that the values for the property identified above are: Tax Year True Cash Value State Equalized Value Taxable Value 2025 $4,600,000 $2,300,000 $2,300,000 18. The values in dispute for the property identified above are: Tax Year True Cash Value State Equalized Value Taxable Value 2025 $1,076,200 $538,100 $538,100 19. Petitioner requests the following relief (attach additional page if necessary): Petitioner requests that this Tribunal reduce the state equalized value, assessed value and the taxable value of the subject property to the amounts shown in Paragraph 17 above for tax year 2025, and order a refund with interest as provided by law on any taxes paid in regards thereto along with costs, attorney fees and all other relief to which Petitioner is entitled.
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MTT Docket No. Page 4 of 4 Signature of Petitioner's nef jpepresentative or, if none, Petitioner: /, — (A Printed Name of Petitione uh or, if none, Petitioner: Christian E. Meyer (P56037) Email Address: cmeyer@wnj.com Mailing Address: Warner Norcross + Judd LLP 150 Ottawa Avenue NW, Suite 1500 Grand Rapids, Michigan 49503 Telephone Number: (616) 752-2423 Date: May 21, 2025
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Exhibit A og Dstt Tova THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification = == This form is issued under tha authority of P.A. 208 of 1803, Sec. 211.24 (c) and Sec 211.34c, as amended. This is a model assessment notica 10 bo used by the local assessor. FROM Ada Township Assessor Office PARCEL IDENTIFICATION STEPHANIE BOERMAN PARCEL NUMBER: 41-15-31-376-018 PO Box 370 Ada, MI 49301 PROPERTY ADDRESS: 5200 CASCADE RD SE Grand Rapids, MI 49456 PRINCIPAL RESIDENCE EXEMPTION OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: sw % Exempt As "Homeowners Principal Residence™ 00% +2444 4UTO* *ALL FOR AADC 493 . , 5200 CASCADE HOLDINGS LLC % Exempt As "Qualified Agricultural Proparty™: 00% RDV CORPORATION “ n. o 200 MONROE AVE NW STE 300 % Exempt As "MBT Industrlal Personal: 00% GRAND RAPIDS, MI 49503-2213 % Exempt As "MBT Commercial Personal”; 00% [bt fe testo gba bun de Degg tog Ostia fg Exempt As "Qualified Forest Property": [] Yes [X No Exempt As "Development Proparty™: [1 Yes No LEGAL DESCRIPTION: 411531376018 PART OF SW 1/4 COM 33.02 FT S 87D 59M 16S W ALONG E&W 1/4 LINE FROM S 1/4 COR TH S 87D 59M 165 W ALONG E&W 1/4 LINE 330.38 FT TH N 1D 53M 19S E TO SLY LINE OF CASCADE RD TH SELY ALONG SD SLY LINE TO WLY LINE OF SPAULDING AVE TH SLY ALONG SD WLY LINE TO BEG * SEC 31 T7N R10W 2.52 A. SPLIT/COMBINED ON 02/28/2014 ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 201 Commercial PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 201 Commercial CURRENT CHANGE FROM PRIOR AMOUNT TENTATIVE AMOUNT PRIOR YEAR TO YEAR: 2024 YEAR: 2025 CURRENT YEAR 1. TAXABLE VALUE: 1,900,000 2,838,100 938,100 2, ASSESSED VALUE: 1,900,000 2,838,100 938,100 3. TENTATIVE EQUALIZATION FACTOR: 1.000 4. STATE EQUALIZED VALUE (SEV): 1,900,000 2,838,100 | 938,100 5. There WAS or WAS NOT a transfer of ownership on this property in2024 WAS 6. Assessor Change Reason(s): Market Adjustment, Parcel Review, Improvement Demo/Removed The 2025 Inflation rate Multiplier is: 1.031 Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: Phone: Email Address: STEPHANIE BOERMAN 616-676-9191 SBOERMAN@ADATOWNSHIPMI.COM March Board of Review Appeal Information. The Board of Review will meet at the following dates and times: THE MARCH BOARD OF REVIEW MEETS ON MARCH 10, 2025 FROM 9AM TO 4PM AND MARCH 12, 2025 FROM 1PM TO 9PM.
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