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5190 Palmer Pl

Traverse City, MI 49685

3 bd 2 ba 1,056 sqft Built 2012 Lot 20,473 sqft single_family
Most recent sale
$301,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $301,000 MLS #1902292
Jul 8, 2022 Listed $301,000 MLS #1902292
Oct 24, 2018 Sold $174,900 MLS #1852595
Sep 13, 2018 Listed $169,900 MLS #1852595
Jan 1, 2018 Sold $174,900 Public Record
Jul 26, 2017 Sold $112,900 MLS #1734906
Jul 9, 2012 Price changed $112,900 MLS #1734906
Apr 17, 2012 Listed $119,900 MLS #1734906
Jan 1, 2012 Sold $112,900 Public Record
Jan 1, 2006 Sold $20,075 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $97,900 $1,490
2020 $90,000 $2,160

Property facts

Year built
2012
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,056 sqft
Lot size
20,473 sqft
ZIP code
49685
City
Traverse City
Street
Palmer Pl
Coordinates
44.65062, -85.68148

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,584
Gross rental yield
6.31%
Implied cap rate
4.10%
Trend-extrapolated value

Frequently asked questions

When did 5190 Palmer Pl last sell?
5190 Palmer Pl most recently sold on Aug 26, 2022 for $301,000.
What is the current tax assessment for 5190 Palmer Pl?
The most recent total assessment for 5190 Palmer Pl (year 2021) is $97,900 with $1,490 in property tax.
How does 5190 Palmer Pl's assessment compare to its last sale price?
The current assessment is 67.5% below the last sale price of $301,000.
When was 5190 Palmer Pl built?
5190 Palmer Pl was built in 2012.
How does 5190 Palmer Pl compare to others on Palmer Pl?
We track 4 other properties on Palmer Pl. Browse the list under "Other properties on Palmer Pl" to compare beds, baths, and sale history.
What are the property facts for 5190 Palmer Pl?
5190 Palmer Pl is a 3 bed, 2 bath, 1,056 sqft, 20,473 sqft lot single_family.
Is 5190 Palmer Pl a flip candidate?
No — 5190 Palmer Pl does not appear in our flips dataset.
Is 5190 Palmer Pl a tax-appeal candidate?
No — 5190 Palmer Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast

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