NOT LISTED FOR SALE

Estimated Value: $214,145 - $249,000

1 Bed
1 Bath
430 Sq Ft
$569/ mo HOA Fee

Last Sold October 05, 2021

Last sale price $180,000 $419 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,182/month

78 Days on Market

Highlights

  • Breakfast Area or Nook
  • Elevator
  • Laundry Room
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of October 2021

Want to live downtown Ann Arbor to be able to walk to and enjoy nice restaurants, shops and events right next to you and around you? Then you should tour this beautiful, recently updated 1 bedroom condo in Tower Plaza. Nice light-filled North side condo is on the 10th floor with pleasant views out of wall-to-wall windows. Just one block from UM Campus in a quiet neighborhood. Building has 24/7 lobby security, soundproof walls, on-site laundry and extra storage in the basement plus a maintenance staff. Lots of updates within the last three years: new laminate flooring throughout the condo, new heat pump, updated kitchen cabinets, granite countertops in the kitchen, new disposal, kitchen faucet, range/oven, microwave, refrigerator, nice blackout curtains in both rooms, new light fixture in t the entryway, Nest climate control. This can be a perfect home for a student, downtown-based professional or anyone who is looking for a nice property downtown A2 for a very reasonable price.

Last Agent to Sell the Property

Nafisa Gero

NestEgg Properties License #6501419624 Listed on: 07/18/2021

NestEgg Properties

Last Buyer's Agent

Jay Alhashemy

Encore Realty License #6502375411

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $569 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System

Community Details

Overview

  • Association fees include water, trash, snow removal, heat
  • Tower Plaza Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$569 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 418.6
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5467.88
  • Tax Info:Zoning3: C2A/
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: No
  • Flooring:Laminate Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Laminate, Tile
  • Interior Amenities: Elevator, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 180000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Lower Level
  • Utilities: Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage
  • Association Fee: 568.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 568.66
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Heat

Schools

  • Elementary School: Bach Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Zoning Description: C2A/

Tax Info

  • Tax Annual Amount: 5467.88
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Oct 5, 2021
Sold by
Konzen Tan
Bought by
Fogaca Lea Cinthia
Seller's Agent
Nafisa Gero
NestEgg Properties
Buyer's Agent
Jay Alhashemy
Encore Realty
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$224,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,286
Avg. Annual Appreciation
5.03%

Purchase Details

Listed on
Oct 1, 2017
Closed on
Jan 5, 2018
Sold by
Allied Properties Management Llc
Bought by
Konzen Tan
Seller's Agent
Jason Guo
Asia America Realty LLC
Buyer's Agent
Jason Guo
Asia America Realty LLC
List Price
$168,000
Sold Price
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 10, 2014
Sold by
Castaing Marta M
Bought by
Allied Properties Management Llc
Seller's Agent
Torrine Nielsen
Howard Hanna Real Estate
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Aug 22, 2006
Sold by
Parikh Tushar and Parikh Meeta
Bought by
Castaing Marta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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
Fogaca Lea Cinthia $180,000 None Available
Konzen Tan $165,000 Select Title Co
Allied Properties Management Llc $155,000 Barristers Title
Castaing Marta M $188,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaing Marta M $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2021 10/05/21 Sold $180,000 0.0% $419 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $180,000 +7.1% $419 / Sq Ft
12/29/2017 12/29/17 Sold $168,000 0.0% $391 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $168,000 +8.4% $391 / Sq Ft
12/12/2014 12/12/14 Sold $155,000 -8.8% $360 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $170,000 -- $395 / Sq Ft
Source: MichRIC

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 $5,059 $99,100 $0 $0
2024 $4,921 $93,700 $0 $0
2023 $4,544 $87,000 $0 $0
2022 $5,741 $86,500 $0 $0
2021 $5,486 $83,200 $0 $0
2020 $5,313 $81,200 $0 $0
2019 $5,190 $81,600 $81,600 $0
2018 $4,753 $77,600 $0 $0
2017 $4,586 $74,200 $0 $0
2016 $3,568 $72,216 $0 $0
2015 $4,136 $72,000 $0 $0
2014 $4,136 $67,800 $0 $0
2013 -- $67,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23088902

MichRIC

APN: 09-29-401-120

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