Price Reduction
Address
5173 Palmer Place, Traverse City, MI
Price
$ 340,000
Property Attributes
  • ID#80071933
  • TypeSingle Family
  • Listing Status Backup
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaBlair Twp
  • NeighborhoodPalmer Place
  • Zip49685
  • StyleRanch
  • Year Built2011
  • Taxes$ 4415
  • Price$ 340,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1120
  • Lot Size0.51 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Built in 2011, this 3-bedroom, 1.5-bath home offers the space, flexibility, and value that are becoming increasingly difficult to find in Grand Traverse County. Designed for everyday comfort, the main level features an inviting flow between the kitchen, dining, and living spaces, along with the convenience of all main floor living, including a spacious dedicated laundry room. Just off the kitchen, a door leads to the back deck overlooking a fenced backyard with a partially wooded backdrop, creating a private setting to enjoy your morning coffee, spend time outdoors, or unwind at the end of the day. The fully finished lower level adds valuable living space with a spacious recreation room and a non-conforming fourth bedroom, offering flexibility for guests, a home office, workout room, or whatever best fits your lifestyle. Thoughtfully designed with functionality in mind, this home delivers the modern feel of newer construction, flexible living spaces, and an attractive price point. Whether you're buying your first home, looking for additional space, or simply searching for a move-in-ready property, this home checks all the boxes for comfortable living in Grand Traverse County. Seller offering a $5,000 credit with an acceptable offer.

Price History
8/5/2026 Listed $349,900
9/15/2026 3$340,000

General Features

Heating Forced Air
Kitchen Level Main
Possession Negotiable (Possession)
Garage Attached Garage,Gar Door Opener
Water Private Well
Appliances Dishwasher,Disposal,Dryer,Freezer,Microwave,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 2011
Parking Garage
Subdivision Palmer Place
Style Ranch
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Section 18
Associated Document Count 1
Status Accepting Backup Offers
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 3
Utilities Cable Available
Manufactured Y/N No
Structure Style 1 Story
Area Blair Twp (28002)
Primary City Traverse City
Directions South on M37,Right on 31N,Left on Sawyer,Right on Palmer Place,House is on the left.
City Traverse City
School District Traverse City Area Public School
Originating MLS Aspire North REALTORS
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA
Legal Description PALMER PLACE SITE CONDOMINIUMS UNIT 19 PARENT PARCEL #018-009-00 & 018-009-14,MASTER DEED RECORDED 8-1-2006 2006C-00066 SEC 18 T26N R11W 66' PVT RD WITH RECORDED UTILITY & DRAINAGE EASEMENTS
DOM 47
Postal Code 49685
Price Per Sq Ft Total AG 303.57
Public Remarks Built in 2011,this 3-bedroom,1.5-bath home offers the space,flexibility,and value that are becoming increasingly difficult to find in Grand Traverse County. Designed for everyday comfort

Interior Features

Interior Amenities Cathedral/Vaulted Ceiling,Walk-In Closet,Window Treatment(s)
Family Room Level Lower
Dining Room Level Main
Living Room Level Main
Basement Egress/Daylight Windows,Finished,Full,Partially Finished,Poured
Bedroom 3 Level Main
Bedroom 1 Level Main
Bedroom 2 Level Main
Laundry Room Level Main
Kitchen Length 15
Family Room Length 40
Laundry Room Width 5
Family Room Width 12
Living Room Length 16
Bedroom 4 Width 10
Bedroom 2 Width 10
Bedroom 3 Width 9
Laundry Room Length 7
Dining Room Width 11
Bedroom 4 Length 12
Bedroom 2 Length 12
Living Room Width 11
Bedroom 3 Length 10
Beds 4
Fireplace? No
Bedroom 1 Length 14
Bedroom 1 Width 11
Below Grade SqFt 1000
Above Grade SqFt 1120
Basement Y/N No
Bedroom 2 Floor Covering Carpet
Bedroom 3 Floor Covering Carpet
Bedroom 4 Floor Covering Carpet
Total SqFt Finished 1720

Exterior Features

Exterior Vinyl Siding
Exterior Amenities Deck,Porch
Lot Size Area 0.51
Lot Dimensions 75 x 300
Garage # of Car 2
Water Features None
SEWER/SEPTIC Septic
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49685

Price
AVG $690K
$340K
Taxes
AVG $6,211
$4,415
Year Built
AVG 2003
2011
Visits
AVG 45
22
Data Provided by Inside Real Estate®

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