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
$816/ mo HOA Fee

Last Sold February 28, 2022

Last sale price $225,000 $378 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,762/month

57 Days on Market

Highlights

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

About This Home

As of February 2022

This is a nicely appointed 12th floor Large One Bedroom on the sunny Southwest corner of the building. Very clean and well cared for, with oak kitchen & bath with new granite countertops. Great downtown location just one block from UM Campus in the quiet State Street area. 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.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 11/22/2021

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 11/22/2021

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $816 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

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 Sq Ft Lot

HOA Fees

$816 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 394.3
  • General Property Info:New Construction2: 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: 5839.0
  • Tax Info:Zoning3: C2AR
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: 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: 596.0
  • Assoc Amenities:Laundry: 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:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
  • Interior Amenities: 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: 235000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 816.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 816.0
  • Association Info:Assoc Fee Payable: Monthly
  • 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 Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Zoning Description: C2AR

Tax Info

  • Tax Annual Amount: 5839.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Jaye Brent and Russell Amber
Bought by
Flores Esperanza
Current Estimated Value
$273,098

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
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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
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
02/28/2022 02/28/22 Sold $225,000 -4.3% $378 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $235,000 -- $394 / 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 2022

    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: 23089839

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

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

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