NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 11C Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $272,000 - $290,000

1 Bed
1 Bath
596 Sq Ft
$817/mo HOA Fee

Last Sold August 03, 2022

Last sale price $240,000 $403 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,708/month

122 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Ceramic Tile Flooring
  • Bach Elementary School Rated A
  • Security Service
  • 4-minute walk to Liberty Plaza

About This Home

As of August 2022

Nicely updated, recently renovated Southwest corner Large One Bedroom unit. Sunny panoramic windows across the entire living area. Tasteful recent updates include new contemporary cabinets and granite countertops in kitchen & bath, new tile in kitchen, bath & bathtub surround, updated interior doos and lighting, newer heat pump. Prime downtown location just one block from UM Campus int he 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 anyone looking for a reasonably priced downtown residence. Parking available. Rented through 7/31/22

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 03/09/2022

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 03/09/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $817 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • Window Treatments
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Tower Plaza Condo Subdivision

Amenities

  • Meeting Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$817 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 596.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 245000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Heat Pump
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 817.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 817.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 73497325500
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Schools

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

Lot Info

  • Zoning Description: C2AR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6263.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Jul 29, 2022
Sold by
Ploutz-Snyder and Lori
Bought by
Asma Javaid Living Trust
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Total Days on Market
122
Current Estimated Value
$280,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,509
Avg. Annual Appreciation
5.67%

Purchase Details

Listed on
Aug 27, 2018
Closed on
Apr 9, 2019
Sold by
Ramanathan Suseela and Ramanathan Gsv
Bought by
Ploutz Snyder Robert and Ploutz Snyder Lori
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$210,000
Sold Price
$198,000
Premium/Discount to List
-$12,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$148,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Khan Mohamed A and Khan Nighat A
Bought by
Ramanathan Suseela and Ramanathan Gsv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Asma Javaid Living Trust $240,000 None Listed On Document
Ploutz Snyder Robert $198,000 Preferred Ttl Agcy Of Ann Ar
Ramanathan Suseela $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ploutz Snyder Robert $148,500
Previous Owner Ramanathan Suseela $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $240,000 -2.0% $403 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $245,000 +23.7% $411 / Sq Ft
04/17/2019 04/17/19 Sold $198,000 -5.7% $332 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
08/27/2018 08/27/18 For Sale $210,000 -- $352 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2024 $4,840 $109,400 $0 $0
2023 $4,463 $100,400 $0 $0
2022 $5,692 $99,700 $0 $0
2021 $6,263 $95,400 $0 $0
2020 $6,260 $92,700 $0 $0
2019 $5,312 $93,200 $93,200 $0
2018 $5,212 $85,100 $0 $0
2017 $5,028 $84,900 $0 $0
2016 $4,899 $79,179 $0 $0
2015 $4,698 $78,943 $0 $0
2014 $4,698 $77,000 $0 $0
2013 -- $77,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2022

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    100 in this area

    103 Total Sales

    Brian Tomsic
    Section Image
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About Tower Plaza

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 53817

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-136

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 11C, Ann Arbor, MI

This home is located at 555 E William St Unit 11C, Ann Arbor, MI 48104 since 09 March 2022 and is currently estimated at $280,509, approximately $470 per square foot. This property was built in 1969. 555 E William St Unit 11C is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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