MX-3571_20260128_100446 (2).pdf
834 Sherman LLC Petitioner V City Of Grand Rapids Respondent · 26-001610-TT
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1168 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification This form is Issued under the authority of PA. 206 of 1893, Sec. 211.24 (c) and Sec.211,34c, as amended. FROM CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@grcity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION January 16, 2026 PARCEL IDENTIFICATION PARCEL CODE NUMBER: 41-14-32-151-008 PROPERTY ADDRESS: 834 SE SHERMAN ST wasn AUTO*MIXED AADC 493 % Exempt As "Homeowner's Principal Residence”; 0% 834 SHERMAN LLC PO BOX 980208 YPSILANTI, MI 48198-0208 LTT CTR EEE HU ET TERRA % Exempt As “Qualified Agricultural Property”; 0% ACCORDING TO MCL.211.34c THIS PROPERTY IS CLASSIFIED AS: 401 RESIDENTIAL PRIOR YEAR'S CLASSIFICATION: 401 RESIDENTIAL To estimate your taxes beised on this notice, go to PRIOR AMOUNT CURRENT AMOUNT CHANGE FROM www.grcity.us/taxestimator YEAR: 2025 YEAR: 2026 CEA 10 1. TAXABLE VALUE (Current amount is tentative): 141,350 145,166 3,816 2. ASSESSED VALUE: 144,100 179,200 35,100 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 1441 00 179,200 1 5. There WAS/WAS NOT a transfer of ownership on this property in 2025: Was Not IF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. 35,100 IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: Market Adjustment The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@greity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification