Tower Plaza 555 E William St Unit 13C Ann Arbor, MI 48104
Downtown Ann Arbor NeighborhoodEstimated Value: $268,635 - $286,000
1
Bed
1
Bath
596
Sq Ft
$829/mo
HOA Fee
Highlights
- Wood Flooring
- Meeting Room
- Security Service
- Bach Elementary School Rated A
- Elevator
- 4-minute walk to Liberty Plaza
About This Home
As of July 2023Beautifully renovated gem in the heart of downtown! Southwest corner 13th floor unit has been thoughtfully renovated and needs nothing. Great sunny view through huge panoramic windows. Beautiful cherry cabinets, granite countertops, new tile throughout, stainless appliances, gorgeous wood flooring and much more. 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: 06/21/2023
Last Buyer's Agent
University Realty Associates License #6506037705 Listed on: 06/21/2023
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
Lot Details
- 436
HOA Fees
- $829 Monthly HOA Fees
Interior Spaces
- 596 Sq Ft Home
- Window Treatments
- Laundry on main level
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2023
Closed on
Aug 8, 2023
Sold by
Eastwest Family Living Trust
Bought by
Eastwest Family Living Trust and Malik
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%
Total Days on Market
19
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
$19,909
Avg. Annual Appreciation
4.12%
Purchase Details
Listed on
Jun 21, 2023
Closed on
Jul 19, 2023
Sold by
Ahmad Saqib M
Bought by
Eastwest Family Living Trust and Malik
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%
Purchase Details
Listed on
Feb 20, 2019
Closed on
Apr 23, 2019
Sold by
Varellas Lance J and Varellas Kathryn M
Bought by
Ahmad Saqib M
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$207,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 26, 2017
Sold by
Allied Properties Llc
Bought by
Varellas Lance J and Varellas Kathryn M
Purchase Details
Listed on
Oct 31, 2014
Closed on
Dec 8, 2014
Sold by
Schrier Thomas and Schrier Cheryl
Bought by
Allied Properties Llc
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$205,000
Sold Price
$202,000
Premium/Discount to List
-$3,000
-1.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Purchase Details
Closed on
Jan 7, 2014
Sold by
Orlandi Ralph A and Orlandi Mary Ellen
Bought by
Schrier Thomas and Schrier Cheryl
Purchase Details
Closed on
Dec 27, 2004
Sold by
Orlandi Family Lp
Bought by
Orlandi Ralph A and Orlandi Mary Ellen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eastwest Family Living Trust | -- | Preferred Title | |
| Eastwest Family Living Trust | $258,000 | Preferred Title | |
| Ahmad Saqib M | $230,000 | Preferred Title | |
| Varellas Lance J | $203,500 | Preferred Title | |
| Allied Properties Llc | $202,000 | American Title Co | |
| Schrier Thomas | $170,000 | American Title Company | |
| Orlandi Ralph A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ahmad Saqib M | $207,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $258,000 | -4.1% | $433 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $269,000 | +17.0% | $451 / Sq Ft |
| 04/25/2019 04/25/19 | Sold | $230,000 | -2.1% | $386 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 02/20/2019 02/20/19 | For Sale | $235,000 | +16.3% | $394 / Sq Ft |
| 12/12/2014 12/12/14 | Sold | $202,000 | -1.5% | $339 / Sq Ft |
| 11/17/2014 11/17/14 | Pending | -- | -- | -- |
| 10/31/2014 10/31/14 | For Sale | $205,000 | -- | $344 / 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 | $5,193 | $113,100 | $0 | $0 |
| 2023 | $5,442 | $104,200 | $0 | $0 |
| 2022 | $6,702 | $103,500 | $0 | $0 |
| 2021 | $6,513 | $99,100 | $0 | $0 |
| 2020 | $6,308 | $96,400 | $0 | $0 |
| 2019 | $5,783 | $96,900 | $96,900 | $0 |
| 2018 | $5,674 | $88,800 | $0 | $0 |
| 2017 | $5,375 | $87,100 | $0 | $0 |
| 2016 | $5,238 | $84,653 | $0 | $0 |
| 2015 | $3,730 | $84,400 | $0 | $0 |
| 2014 | $3,730 | $60,719 | $0 | $0 |
| 2013 | -- | $60,719 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Tomsic
Seller's Agent in 2023
Brian Tomsic
University Realty Associates
(734) 646-6156
100 in this area
103 Total Sales
-
Nancy Bishop
Buyer's Agent in 2014
Nancy Bishop
The Charles Reinhart Company
(734) 646-1333
13 in this area
407 Total Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23129572
APN: 09-29-401-160
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