Tower Plaza 555 E William St Unit 13A Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
1
Bed
1
Bath
696
Sq Ft
$1,014/mo
HOA Fee
Highlights
- Meeting Room
- Double Oven
- Laundry Room
- Bach Elementary School Rated A
- Security Service
- 4-minute walk to Liberty Plaza
About This Home
As of September 2024A rare opportunity to own the desirable Grand One Bedroom floorplan! Nicely updated throughout with new vinyl plank flooring, updated kitchen & bath with granite countertops, double over, Bosch dishwasher, Maytag refrigerator, New bathroom tile with deep bathtub, new lighting. Fully furnished.
Nice sunny Southern view through panoramic windows in living and bedroom. 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 and on site rental management available.
Last Agent to Sell the Property
University Realty Associates License #6506037705 Listed on: 08/08/2024
Last Buyer's Agent
University Realty Associates License #6506037705 Listed on: 08/08/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
HOA Fees
- $1,014 Monthly HOA Fees
Interior Spaces
- 696 Sq Ft Home
- 1-Story Property
Kitchen
- Double Oven
- 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, lawn/yard care, heat
- Association Phone (734) 973-5500
- Tower Plaza Condos
Amenities
- Meeting Room
- Laundry Facilities
- Community Storage Space
Additional Features
- Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 9, 2024
Sold by
Andersen Charles T
Bought by
Santhanam Srivatsan and Srivatsan Nirmala
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Total Days on Market
27
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,990
Avg. Annual Appreciation
2.78%
Purchase Details
Closed on
Mar 1, 2020
Sold by
Casey Nancy and Spector Cheryl
Bought by
Andersen Charles T
Purchase Details
Closed on
Sep 9, 2014
Sold by
Khan Najeeb and Khan Nancy
Bought by
Marks Arthur J and Arthur J Marks Revocable Trust
Purchase Details
Closed on
Jan 25, 2010
Sold by
Prasad Rajendra and Prasas Neeta
Bought by
Khan Najeeb and Khan Nancy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Preferred Title | |
| Warranty Deed | $245,000 | Preferred Title | |
| Warranty Deed | $215,000 | None Available | |
| Warranty Deed | $187,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $300,000 | -6.0% | $431 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $319,000 | -- | $458 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $6,369 | $123,100 | $0 | $0 |
| 2023 | $5,881 | $112,600 | $0 | $0 |
| 2022 | $7,302 | $111,700 | $0 | $0 |
| 2021 | $7,096 | $106,500 | $0 | $0 |
| 2020 | $6,335 | $103,300 | $0 | $0 |
| 2019 | $6,043 | $103,900 | $103,900 | $0 |
| 2018 | $5,929 | $93,300 | $0 | $0 |
| 2017 | $5,719 | $94,700 | $0 | $0 |
| 2016 | $5,573 | $90,069 | $0 | $0 |
| 2015 | $5,133 | $89,800 | $0 | $0 |
| 2014 | $5,133 | $84,100 | $0 | $0 |
| 2013 | -- | $84,100 | $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
100 in this area
103 Total Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24041154
APN: 09-29-401-162
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