2010's property tax assessment documents were sent out last month and you have a very small window of time to appeal your assessment. In many cases, taxable values went up while property values went down. The city of Grand Rapids has a web page with the required documentation you need to fill out for an appeal, available here.
There are several tools available online to see the values of homes that recently sold in your area for comparison to your own, such as trulia.com and zillow.com. Be sure to look for the "recently sold" sections of those web sites. Since property values have dropped approximately 30% in the area, it's well worth it to challenge your taxable property values.
The Michigan Taxpayers Alliance also offers a DVD workshop that helps you with the process, for $10. You can check it out here.
State Representative Dave Hildenbrand offers a useful guide for appealing here.
Be aware, the deadline for filing appeals is February 12th!
Tell me about it. My tax assessment is like 20k over my assessed value. It just keeps getting better. Is it the same date this year?
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