Under Contract
431 Munson Place, Traverse City, MI 49686
$359,000
MLS # 1944940 (Northern Great Lakes REALTORS® MLS)
2 beds1 bathBuilt 2015
1 / 51
Listing Description
Beautifully maintained main-floor condo offering 2 bedrooms, 2 bathrooms, and the ease of one-level living in an unbeatable location close to everything Traverse City has to offer. Lovingly cared for by its original owner, this home is in meticulous condition and move-in ready. The star of the show is the stunning oversized kitchen—perfect for cooking and entertaining—with a huge granite island with seating, abundant cabinetry, pantry storage, and plenty of workspace. Enjoy the convenience of parking right outside your front door, a covered front porch, and a small private outdoor area ideal for relaxing. Storage is no issue with generous closet space throughout plus a private 6x10 storage unit for all your seasonal décor, beach gear, and toys. The location truly cannot be beat—just minutes from beaches, Northwestern Michigan College, East Bay Park, the Civic Center, shopping, dining, and more.
Source: SparkMLS
About this home
Located in Traverse City in Traverse City, this property offers 2-bedroom, 1-bath, with original construction dating to 2015.
Currently offered at $359,000.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Year Built2015
Stories1
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49686
CountyGrand Traverse County
Construction & Systems
HeatingNatural Gas, Forced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/10/2026
Original Price$364,900
Terms AcceptedCash, Conventional, FHA, Other
HOA
HOA Fee$2,520
IncludesLawn/Yard Care, Snow Removal, Other
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Erica M Mohr
REO-TCRandolph-233022
Frequently Asked Questions about 431 Munson Place, Traverse City, MI 49686
What type of financing is accepted for this listing?
Per MLS# 1944940, this listing accepts Cash, Conventional, FHA, Other financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 431 Munson Place, Traverse City, MI 49686 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 431 Munson Place, Traverse City, MI 49686 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 431 Munson Place, Traverse City, MI 49686?
Per Michigan Public Service Commission service territory data: Electric: Traverse City Light & Power. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Traverse City police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$4,848
Principal & interest$2,328
HOA$2,520
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Traverse City Light & Power
Municipal
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
431 Munson Place, Traverse City, MI 49686
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Municipality
Traverse City
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