NOT LISTED FOR SALE

5177 Palmer Place Traverse City, MI 49685

Estimated Value: $341,000 - $364,000

4 Beds
2 Baths
1,668 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $135,000 $81 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,082/month

39 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Wooded Lot
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2014

Newer stick built home offering 3-4 bedrooms, 2-baths, bright open floor plan, partially finished lower level, wonderful covered front porch & also rear covered BBQ deck! Quiet cul-de-sac setting & only 10 min to downtown TC! Lower level family room finished & 4th bedroom ready for carpet & trim. Natural gas, hi-efficiency furnace, 5" PVC private well (so NO water bill to worry about when you want to water your lawn!), concrete driveway, great amounts of closet/storage space, tile bathrooms & much more! Should qualify for all financing! Assoc fee $100/year covers road plowing.

Last Agent to Sell the Property

Carol Franklin

BAYSHORE GROUP REALTY License #6502364792 Listed on: 09/01/2014

Last Buyer's Agent

Joan Sturmer

REO-TCFront-233021 License #6506040267

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 2011

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75'x300'
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,668 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Palmer Place Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,898

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 2011
  • Construction: Frame
  • Section Number: 18
  • Year Updated: 2012
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2011

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Walk-In Closet(s), Vaulted Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13'6"x11'6", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'x10', On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10'4"x10', On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12'x11', On Level: Lower Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 14'xCOMBO, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 26'x13', On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: COMBOx11'8", On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 14'x13', On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 1168
  • Estimated Below Grade Finished Sq Ft: 500
  • Estimated Below Grade Unfinished Sq Ft: 668
  • Price Per Sq Ft: 80.94
  • Range: R 11W
  • Total Finished Sf Apx: 1668

Exterior Features

  • Exterior Features: Deck, Sidewalk, Covered Porch, Landscaped, Garden Area, Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Poured Concrete, Daylight Windows, Finished Rooms, Egress Windows, Entrance Inside
  • Number Of Acres: 0.5
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Palmer Place

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 18
  • Land Features: Cleared, Wooded, Level
  • Lot Dimensions: 75'x300'
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2014
Closed on
Oct 28, 2014
Seller's Agent
Carol Franklin
BAYSHORE GROUP REALTY
Buyer's Agent
Joan Sturmer
REO-TCFront-233021
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$355,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,725
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Nov 29, 2011
Closed on
Feb 21, 2012
Seller's Agent
Shelly Drossart
REO-TCFront-233021
Buyer's Agent
Karly Wentzloff
REO-TCRandolph-233022
List Price
$116,900
Sold Price
$116,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jan 24, 2011

Purchase Details

Closed on
Mar 17, 2010

Purchase Details

Closed on
Aug 2, 2006
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $135,000 --
-- $116,900 --
-- $4,000 --
-- $299,100 --
-- $20,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $135,000 -3.5% $81 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $139,900 +19.7% $84 / Sq Ft
02/22/2012 02/22/12 Sold $116,900 0.0% $104 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $116,900 -- $104 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,898 $184,500 $0 $0
2024 $1,237 $158,700 $0 $0
2023 $1,184 $109,100 $0 $0
2022 $1,711 $117,100 $0 $0
2021 $1,606 $109,100 $0 $0
2020 $1,593 $95,900 $0 $0
2019 $1,601 $84,100 $0 $0
2018 $1,555 $76,300 $0 $0
2017 -- $76,700 $0 $0
2016 -- $75,600 $0 $0
2014 -- $65,900 $0 $0
2012 -- $35,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Franklin

    Seller's Agent in 2014

    Carol Franklin

    BAYSHORE GROUP REALTY

    (231) 633-3672

    1 in this area

    82 Total Sales

    Carol Franklin
    Section Image
  • Joan Sturmer

    Buyer's Agent in 2014

    Joan Sturmer

    Real Estate One

    (231) 633-2603

    5 in this area

    45 Total Sales

    Joan Sturmer
    Section Image
  • Shelly Drossart

    Seller's Agent in 2012

    Shelly Drossart

    Real Estate One

    (231) 590-9552

    3 in this area

    113 Total Sales

    Shelly Drossart
    Section Image
  • Karly Wentzloff

    Buyer's Agent in 2012

    Karly Wentzloff

    Real Estate One

    (231) 944-9800

    5 in this area

    121 Total Sales

    Karly Wentzloff
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1789847

Northern Great Lakes REALTORS® MLS

APN: 02-570-018-00

Michigan Grand Traverse County Traverse City 49637

5177 Palmer Place, Traverse City, MI

This home is located at 5177 Palmer Place, Traverse City, MI 49685 since 01 September 2014 and is currently estimated at $355,725, approximately $213 per square foot. This property was built in 2011. 5177 Palmer Place is a home located in Grand Traverse County with nearby schools including Blair Elementary School, West Middle School, and West Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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