NOT LISTED FOR SALE

Estimated Value: $217,833 - $259,000

1 Bed
1 Bath
430 Sq Ft
$588/ mo HOA Fee

Last Sold May 04, 2022

Last sale price $205,000 $477 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,286/month

6 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Security Service
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of May 2022

Beautifully renovated 15th floor North side Small One Bedroom floorplan in Ann arbor's tallest building. Magnificent view of downtown Ann Arbor through panoramic living room and bedroom windows. Modern renovations include contemporary cabinets, granite countertops, new tile flooring, and much more. Prime downtown location just one block from UM Campus int he 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 Available

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 04/13/2022

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 04/13/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $588 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • Window Treatments
  • Living Room
  • Ceramic Tile Flooring
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

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

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$588 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 476.74
  • General Property Info:New Construction2: 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: 5769.0
  • Tax Info:Zoning3: C2AR
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Assoc Amenities:Laundry: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: No
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 205000.0

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 588.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 588.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Schools

  • Elementary School: Bach Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Zoning Description: C2AR

Tax Info

  • Tax Annual Amount: 5769.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Apr 25, 2022
Sold by
4606 Maple Creek Llc
Bought by
Washtenaw C & R Investment Llc
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$231,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,958
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Sep 29, 2021
Sold by
Ramesh Ramanathan
Bought by
4606 Maple Creek Llc

Purchase Details

Listed on
Oct 14, 2015
Closed on
May 6, 2016
Sold by
Levi Logistic Sa
Bought by
Ramanathan Ramesh and Ramanathan Siddharth
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Interest Rate
3.61%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Soto Vejas Ramon A and Pinto Desoto Maria Luiza
Bought by
Levi Logistic S A

Purchase Details

Closed on
Feb 25, 2004
Sold by
Oh Sang H and Oh Kyung J
Bought by
Pinto Vejas Ramon A Soto and Pinto Desoto Maria Luiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Washtenaw C & R Investment Llc $205,000 Preferred Title
4606 Maple Creek Llc -- None Listed On Document
Ramanathan Ramesh -- None Listed On Document
Ramanathan Ramesh $155,000 --
Levi Logistic S A -- --
Pinto Vejas Ramon A Soto $168,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramanathan Ramesh --
Previous Owner Pinto Vejas Ramon A Soto $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2022 05/04/22 Sold $205,000 0.0% $477 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $205,000 +32.3% $477 / Sq Ft
05/04/2016 05/04/16 Sold $155,000 -13.4% $360 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $179,000 -- $416 / 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 $5,606 $108,400 $0 $0
2024 $5,453 $103,100 $0 $0
2023 $5,035 $96,400 $0 $0
2022 $5,910 $95,900 $0 $0
2021 $5,743 $92,600 $0 $0
2020 $5,563 $90,600 $0 $0
2019 $5,306 $90,900 $90,900 $0
2018 $4,636 $87,000 $0 $0
2017 $3,955 $79,800 $0 $0
2016 $3,638 $75,409 $0 $0
2015 $4,474 $75,184 $0 $0
2014 $4,474 $73,400 $0 $0
2013 -- $73,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23111986

MichRIC

APN: 09-29-401-181

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