NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 10G Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $215,252 - $249,000

1 Bed
1 Bath
430 Sq Ft
$630/ mo HOA Fee

Last Sold July 03, 2024

Last sale price $230,000 $535 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,281/month

10 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Hot Water Heating System
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of July 2024

North side Small One Bedroom unit with excellent light filled panoramic windows. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage, maintenance staff. This is a perfect home for student, downtown based professional, senior, investor, weekender, or any one looking for a reasonably priced downtown residence. Parkin and on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 06/04/2024

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 06/04/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $630 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, heat
  • Association Phone (734) 973-5500

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$630 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 555.81
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5857.0
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 430.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 239000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 630.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 630.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: 7349735500

Fee Information

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 5857.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 2, 2024
Sold by
Joshi Arpitkumar
Bought by
Reichel David
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Views
21
Current Estimated Value
$225,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,187
Avg. Annual Appreciation
-1.06%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Lambropoulos Geroge and Lambropoulos Katina G
Bought by
Joshi Arpitkumar

Purchase Details

Closed on
Jul 23, 2015
Sold by
Lambropoulos George and Lambropoulos Katina G
Bought by
Trustee Of The George & Katina G Lambrop
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reichel David $230,000 Preferred Title
Reichel David $230,000 Preferred Title
Joshi Arpitkumar $172,500 Preferred Ttl Agcy Of Ann Ab
Trustee Of The George & Katina G Lambrop -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 Sold $230,000 -3.8% $535 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $239,000 -- $556 / 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 $5,324 $99,100 $0 $0
2024 $4,921 $93,700 $0 $0
2023 $4,544 $87,000 $0 $0
2022 $5,704 $86,500 $0 $0
2021 $5,543 $83,200 $0 $0
2020 $3,474 $81,200 $0 $0
2019 $3,314 $81,600 $81,600 $0
2018 $3,251 $77,600 $0 $0
2017 $3,137 $74,200 $0 $0
2016 $2,441 $49,397 $0 $0
2015 $2,931 $49,250 $0 $0
2014 $2,931 $47,712 $0 $0
2013 -- $47,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 24028021

MichRIC

APN: 09-29-401-121

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 10G, Ann Arbor, MI

Not Listed for Sale

Condos

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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