NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 14D Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $283,000 - $329,000

1 Bed
1 Bath
596 Sq Ft
$924/mo HOA Fee

Last Sold February 24, 2025

Last sale price $309,000 $518 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,093/month

15 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Central Air
  • Bach Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Liberty Plaza

About This Home

As of February 2025

Newly renovated Northwest corner Large One Bedroom unit. Great panoramic window across the entire living area. Many desirable update: Open floorplan in living area/kitchen, stylish white cabinets with granite countertops, stainless appliances, new tile in kitchen & bath, walk in shower, new lvp flooring, much more. Prime downtown location just one block from UM campus in the quiet State Street neighborhood. Quiet, secure building has 24hour lobby security, soundproof walls, on site laundry, storage, maintenance staff. Th is is a perfect home for student, downtown based professional, senior, investor, weekender or anyone looking for a reasonably priced downtown residence. Parking & on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/15/2025

Last Buyer's Agent

Jinar Han-Bombard

Real Estate One-Troy License #6501435031

Real Estate One-Troy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,401

Year Built

  • Built in 1969

HOA Fees

  • $924 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • 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

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,401

Year Built

Built in 1969

Lot Details

0

HOA Fees

$924 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 7401.0
  • Tax Info:Zoning3: c2ar
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • 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: Refrigerator, Range, Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 309000.0
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 924.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 924.0
  • 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

  • Zoning Description: c2ar

Tax Info

  • Tax Annual Amount: 7401.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 24, 2025
Sold by
Kramer Caryn and Lim Sue
Bought by
Lim Sue and Lim Michael J
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Jinar Han-Bombard
Real Estate One-Troy
List Price
$309,000
Sold Price
$309,000
Views
32
Current Estimated Value
$306,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,317
Avg. Annual Appreciation
-1.17%
Original Mortgage
$231,750
Outstanding Balance
$230,602
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$76,081

Purchase Details

Closed on
Aug 10, 2009
Sold by
Citizens Bank
Bought by
Park Tae Won and Park Sun Ku

Purchase Details

Closed on
May 13, 2009
Sold by
Fregene Md Tosan A and Estate Of Augustine O Fregene
Bought by
Citizens Bank

Purchase Details

Closed on
Feb 19, 2009
Sold by
Fregene Augustine O and Tagin & Tagin Llc
Bought by
Citizens Bank
Source: Public Records

Range of Values:

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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
Lim Sue $309,000 Preferred Title
Lim Sue $309,000 Preferred Title
Park Tae Won $143,000 None Available
Citizens Bank -- None Available
Citizens Bank $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Sue $231,750
Closed Lim Sue $231,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2025 02/24/25 Sold $309,000 0.0% $518 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $309,000 +23.6% $518 / Sq Ft
04/25/2024 04/25/24 Sold $250,000 +0.4% $419 / Sq Ft View Prior Sale
03/23/2024 03/23/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $249,000 -- $418 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $6,578 $122,100 $0 $0
2024 $5,526 $115,000 $0 $0
2023 $5,103 $106,100 $0 $0
2022 $6,176 $105,400 $0 $0
2021 $6,002 $101,000 $0 $0
2020 $6,007 $98,300 $0 $0
2019 $5,545 $98,800 $98,800 $0
2018 $5,440 $90,700 $0 $0
2017 $5,248 $88,300 $0 $0
2016 $5,114 $82,644 $0 $0
2015 $4,904 $82,397 $0 $0
2014 $4,904 $80,400 $0 $0
2013 -- $80,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2025

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    94 in this area

    97 Total Sales

    Brian Tomsic
    Section Image

  • J

    Buyer's Agent in 2025

    Jinar Han-Bombard

    Real Estate One

    (248) 390-3786

    1 in this area

    11 Total Sales

    Jinar Han-Bombard
    Section Image
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About Tower Plaza

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25001818

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-166

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 14D, Ann Arbor, MI

This home is located at 555 E William St Unit 14D, Ann Arbor, MI 48104 since 15 January 2025 and is currently estimated at $306,683, approximately $514 per square foot. This property was built in 1969. 555 E William St Unit 14D is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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