NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 13A Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $279,000 - $328,000

1 Bed
1 Bath
696 Sq Ft
$1,014/ mo HOA Fee

Last Sold September 10, 2024

Last sale price $300,000 $431 Per Sq Ft

Current estimated payment $3,102/month

27 Days on Market

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 2024

A 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

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 08/08/2024

Last Buyer's Agent

Brian Tomsic

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

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$1,014 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: 458.33
  • 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: 696.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 8068.0
  • Tax Info:Zoning3: c2ar
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • General Property Info:Condo Proj Name: Tower Plaza
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 696.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 696.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 319000.0
  • 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, Laundry Room
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 1014.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1014.0
  • 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, Lawn/Yard Care, Heat

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: c2ar

Tax Info

  • Tax Annual Amount: 8068.0
  • Tax Year: 2023

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%
Views
10
Current Estimated Value
$298,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,036
Avg. Annual Appreciation
-0.22%

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
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
Santhanam Srivatsan $300,000 Preferred Title
Andersen Charles T $245,000 Preferred Title
Marks Arthur J $215,000 None Available
Khan Najeeb $187,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: 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 $6,009 $131,600 $0 $0
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

    87 in this area

    90 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 24041154

MichRIC

APN: 09-29-401-162

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 13A, 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.

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