NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 12C Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $264,000 - $287,000

1 Bed
1 Bath
596 Sq Ft
$923/ mo HOA Fee

Last Sold March 10, 2025

Last sale price $286,000 $480 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,879/month

5 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Central Air
  • Bach Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Liberty Plaza

About This Home

As of March 2025

Nice Southwest corner Large One Bedroom unit with excellent view through 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 anyone looking for a reasonably priced downtown residence.
Parking & on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/05/2025

Last Buyer's Agent

Patrick Kiley

Berkshire Hathaway HomeService License #6501455328

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 436

HOA Fees

  • $923 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

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

436 Sq Ft Lot

HOA Fees

$923 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: 478.19
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 7463.0
  • Tax Info:Zoning3: c2ar
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 285000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required
  • Parking Features:Permit Required: Yes

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 923.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 923.0
  • 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 Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 454.0
  • Zoning Description: c2ar

Tax Info

  • Tax Annual Amount: 7463.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 10, 2025
Sold by
Jaye Brent and Russell Amber
Bought by
Flores Esperanza
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Patrick Kiley
Berkshire Hathaway HomeService
List Price
$285,000
Sold Price
$286,000
Premium/Discount to List
$1,000
0.35%
Views
12
Current Estimated Value
$273,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,902
Avg. Annual Appreciation
-4.38%

Purchase Details

Closed on
Feb 28, 2021
Sold by
Wei-Yi Kwok Jonathan
Bought by
Jaye Brent and Russell Amber

Purchase Details

Closed on
Jun 1, 2010
Sold by
Valassis Douglas
Bought by
Kwok Jonathan Wei Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2005
Sold by
Mahajan Vijay and Mahajan Ajay
Bought by
Valassis Doug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flores Esperanza $286,000 Preferred Title
Flores Esperanza $286,000 Preferred Title
Jaye Brent $225,000 Preferred Title
Kwok Jonathan Wei Yi $190,000 American Title Co Washtenaw
Valassis Doug $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwok Jonathan Wei Yi $186,000
Previous Owner Valassis Doug $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $286,000 +0.4% $480 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $285,000 -- $478 / 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 $5,949 $118,300 $0 $0
2024 $6,887 $111,200 $0 $0
2023 $5,343 $102,300 $0 $0
2022 $6,743 $101,600 $0 $0
2021 $5,839 $97,200 $0 $0
2020 $5,655 $94,600 $0 $0
2019 $5,394 $95,000 $95,000 $0
2018 $5,292 $86,900 $0 $0
2017 $5,105 $86,000 $0 $0
2016 $3,973 $80,402 $0 $0
2015 $3,694 $80,162 $0 $0
2014 $3,694 $78,200 $0 $0
2013 -- $78,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2025

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
    Section Image

  • P

    Buyer's Agent in 2025

    Patrick Kiley

    Berkshire Hathaway HomeService

    (517) 499-9515

    1 in this area

    4 Total Sales

    Patrick Kiley
    Section Image
See All Agents

About Tower Plaza

Map

Source: MichRIC

MLS Number: 25004220

MichRIC

APN: 09-29-401-148

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 12C, Ann Arbor, MI

Not Listed for Sale

Condos

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.

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.