Tower Plaza 555 E William St Unit 14D Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
1
Bed
1
Bath
596
Sq Ft
$871/mo
HOA Fee
Highlights
- Meeting Room
- Security Service
- Hot Water Heating System
- Bach Elementary School Rated A
- Central Air
- 4-minute walk to Liberty Plaza
About This Home
As of February 2025Nice view in this Northwest corner Large One Bedroom unit, rented through May, 2024. 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. PLEASE NOTE THAT DUE TO TENANT CIRCUMSTANCES, NO SHOWINGS ARE PERMITTED AT THIS TIME. TENANT WILL PROVIDE ACCESS WHEN AN OFFER IS ACCEPTED CONTINGENT ON PURCHASER WALK THROUGH. This property has had the same tenant for 25+ years, and is in need of update. Cal LA for details.
Last Agent to Sell the Property
University Realty Associates License #6506037705 Listed on: 03/14/2024
Last Buyer's Agent
University Realty Associates License #6506037705 Listed on: 03/14/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
HOA Fees
- $871 Monthly HOA Fees
Interior Spaces
- 596 Sq Ft Home
- 1-Story Property
- Laundry on main level
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
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) 979-3550
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,762
Avg. Annual Appreciation
-5.32%
Original Mortgage
$231,750
Outstanding Balance
$230,977
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$72,166
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 11, 2024
Sold by
Park Tae Won and Sun Ku
Bought by
Kramer Caryn
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.69%
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
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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 | $309,000 | Preferred Title | |
| Warranty Deed | $309,000 | Preferred Title | |
| Warranty Deed | $309,000 | Preferred Title | |
| Warranty Deed | $309,000 | Preferred Title | |
| Warranty Deed | $250,000 | Preferred Title | |
| Warranty Deed | $250,000 | Preferred Title | |
| Warranty Deed | $143,000 | None Available | |
| Warranty Deed | $143,000 | None Available | |
| Personal Reps Deed | -- | None Available | |
| Personal Reps Deed | -- | None Available | |
| Sheriffs Deed | $975,000 | None Available | |
| Sheriffs Deed | $975,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,750 | New Conventional | |
| Closed | $231,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
99 in this area
102 Total Sales
-
Jinar Han-Bombard
J
Buyer's Agent in 2025
Jinar Han-Bombard
Real Estate One
(248) 390-3786
1 in this area
10 Total Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24012273
APN: 09-29-401-166
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