5173 Palmer Place Traverse City, MI $ 340,000
5173 Palmer Place
$ 340,000
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5173 Palmer Place

Traverse City, MI, 49685
$ 340,000
Bedrooms4 Baths1.1 Sq 1,720

Monthly Estimate*

$ 2,147

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Single Family Home for sale in Traverse City, MI

for $340,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,720 square foot home was built in 2011 on a lot size of 0.51.

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.

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Single Family Active

Price

$ 340,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 4,415

Style

Ranch

Lot Size

0.51

Year Built

2011

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1948890

Features
Interior
Interior Amenities Walk-In Closet(s) Granite Counters Vaulted Ceiling(s) Cable TV WiFi
Basement Full Finished Rooms Egress Windows Finished
Flooring Carpet
Fireplace Features None
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Blinds
Fireplace Y/N N
Above Grade Finished Area 1120
Half Baths 1
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 600
Entry Level 1
Living Room Level Main
Main Level Bedrooms 3
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Primary Bathroom Features Shared
Kitchen Length 15
Primary on Main 120
Second Bedroom Length 12
Second Bedroom Width 10
Bedroom 3 Area 90
Bedroom 3 Length 10
Bedroom 3 Width 9
Bedroom 4 Area 120
Bedroom 4 Length 12
Bedroom 4 Width 10
Dining Room Width 11
Family Room Area 480
Family Room Length 40
Living Room Area 176
Living Room Length 16
Living Room Width 11
Primary Bedroom Area 154
Primary Bedroom Length 14
Primary Bedroom Width 11
Family Room Width 12
Family Room Level Lower
Dining Room Level Main
Bedroom 4 Level Lower
Bedroom 3 Level Main
Second Bedroom Level Main
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General
Sewer Private Sewer
Heating Forced Air Natural Gas
Possession Negotiable
Roof Asphalt
Appliances Refrigerator Oven/Range Disposal Dishwasher Microwave Washer Dryer Freezer
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Deck Covered
Architectural Style Ranch
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 2011
View Countryside View
Stories Count 1
Township Blair
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name Palmer Place
Garage Y/N Y
Other Structures None
Full Baths 1
Status Active U/C Taking Backups
Directions South on M37 Right on 31N Left on Sawyer Right on Palmer Place House is on the left.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 22215.6
Carport Y/N N
Tax Annual Amount 4415.41
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 161789
Ownership Type Private Owner
Lease Amount Frequency Annually
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
Freehold VOW BBO IDX
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Exterior
Parking Features Concrete Attached Garage Door Opener Concrete Floors
Lot Features Cul-De-Sac Wooded Level Landscaped
Water Source Private
Lot Size Area 0.51
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Lot Dimensions 75 x 300
Lot Size Acres 0.51
Wooded Area 70
Road Surface Type Asphalt
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
The Mitten Real Estate Group

Broker

Cell: 231-388-0770

Contact

Affordability Calculator

$2,515
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,147
Monthly Property Taxes
$368
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$340,000 -2.83% Price Down
8/18/2026$349,900 -1.41% Price Down
8/5/2026$354,900 Listed Price

Map


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5173 Palmer Place, Traverse City, MI, 49685 is a Single Family Home for sale at $340,000 with 1,720 sqft and a lot size of 0.51. 5173 Palmer Place has 4 bedrooms, 1.1 baths, and was built in 2011. The property's zip code is 49685 which is in Traverse City, MI