NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $215,917

1 Bed
1 Bath
430 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: March 12, 2025

Last sale price $207,000 $481 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,069 / mo

17 Days on Market

Highlights

  • Meeting Room
  • Laundry Room
  • Hot Water Heating System
  • Security Service
  • Central Air
  • Community Storage Space

About This Home

As of March 2025

South side Grand Studio unit. Nicely updated with cherry cabinets, Corian & granite countertops, stainless appliances, LVP flooring. 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. Parkin and on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/04/2025

Last Buyer's Agent

Soyoung Chung

The Charles Reinhart Company License #6501456470

The Charles Reinhart Company
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 436

HOA Fees

  • $666 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

  • 1 Full Bathroom
  • 430 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

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

$666 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: 486.05
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 6762.0
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • General Property Info:Entry Type: Security
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • 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, Microwave, Range, Refrigerator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 430.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 209000.0
  • 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: 666.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 666.0
  • 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: 629.0

Tax Info

  • Tax Annual Amount: 6762.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Soyoung Chung
The Charles Reinhart Company
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%
Views
31
Current Estimated Value
$215,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,917
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2015
Sold by
Bought by

Purchase Details

Listed on
Jan 26, 2013
Closed on
Aug 28, 2013
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$135,000
Sold Price
$124,000
Premium/Discount to List
-$11,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$93,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by

Purchase Details

Closed on
May 17, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Ann Arbor, MI

  • Susan Niethammer Real Estate Agent - RE/MAX Platinum

    Susan Niethammer

    RE/MAX Platinum

    (734) 802-1158

    74 Total Sales

    3 in Downtown Ann Arbor

    $199,000 Price Range

    Susan Niethammer
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  • Todd Waller Real Estate Agent - @properties Christie's Int'lAA

    Todd Waller

    @properties Christie's Int'lAA

    (734) 802-1481

    93 Total Sales

    1 in Downtown Ann Arbor

    $265,000 Price

    Todd Waller
     Section Image
  • Nancy Bishop Real Estate Agent - The Charles Reinhart Company

    Nancy Bishop

    The Charles Reinhart Company

    (734) 802-1729

    306 Total Sales

    18 in Downtown Ann Arbor

    $127K - $1.6M Price Range

    Nancy Bishop
     Section Image
  • Deborah Wass Real Estate Agent - ERA Prime Real Estate Group

    Deborah Wass

    ERA Prime Real Estate Group

    (734) 294-0561

    125 Total Sales

    1 in Downtown Ann Arbor

    $605,000 Price

    Deborah Wass
     Section Image
  • Howard Watts Real Estate Agent - Coldwell Banker Professionals

    Howard Watts

    Coldwell Banker Professionals

    (734) 999-3847

    198 Total Sales

    4 in Downtown Ann Arbor

    $650K - $657K Price Range

    Howard Watts
     Section Image
  • Michelle Stalmack Real Estate Agent - Real Estate One

    Michelle Stalmack

    Real Estate One

    (734) 390-4648

    131 Total Sales

    2 in Downtown Ann Arbor

    $725K - $1.1M Price Range

    Michelle Stalmack
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$207,000 Preferred Title
$173,000 Preferred Ttl Agcy Of Ann Ab
-- None Available
$124,000 American Title Company Of Wa
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $93,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $207,000 -1.0% $481 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $209,000 +68.5% $486 / Sq Ft
08/28/2013 08/28/13 Sold $124,000 -8.1% $288 / Sq Ft View Prior Sale
04/20/2013 04/20/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $135,000 -- $314 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,956 $108,800 $0 $0
2025 $5,391 $104,700 $0 $0
2024 $5,243 $99,300 $0 $0
2023 $4,842 $92,700 $0 $0
2022 $6,113 $92,100 $0 $0
2021 $5,077 $88,900 $0 $0
2020 $4,917 $86,900 $0 $0
2019 $4,690 $87,200 $87,200 $0
2018 $4,601 $83,200 $0 $0
2017 $4,439 $77,600 $0 $0
2016 $4,325 $69,906 $0 $0
2015 $4,148 $69,697 $0 $0
2014 $4,148 $65,744 $0 $0
2013 -- $65,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic Real Estate Agent - University Realty Associates

    Seller's Agent in 2025

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    79 in this area

    82 Total Sales

    Brian Tomsic
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  • Soyoung Chung Real Estate Agent - The Charles Reinhart Company

    Buyer's Agent in 2025

    Soyoung Chung

    The Charles Reinhart Company

    (734) 590-1233

    1 in this area

    19 Total Sales

    Soyoung Chung
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 25004075

MichRIC

APN: 09-29-401-163

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 13L, Ann Arbor, MI

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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