$260,000
SOLD APR 14, 2025
1 Bed
1 Bath
596 Sq Ft
$924/mo HOA Fee

Recently Sold

$436 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • 24-Hour Security
  • Tile Flooring
  • Hot Water Heating System
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of April 2025

Enjoy panoramic views of downtown Ann Arbor's northeast side from this 15th floor Tower Plaza condo! This one-bedroom unit is only steps from UM Campus and the State St corridor where you'll find many shopping and dining options. Residents of Tower Plaza are provided with 24-hour lobby security, on-site laundry and maintenance staff, and an option for basement storage. This bright and cheery unit features a spacious living room that opens to a quaint dining area and kitchen with plenty of storage space. Incredible location, incredible price and an incredible place to call home! Schedule your showing today!

Last Agent to Sell the Property

Brent Flewelling

The Charles Reinhart Company License #6506045328 Listed on: 03/28/2025

Last Buyer's Agent

Sharon Weintraub

Cornerstone Real Estate License #6501303930

Cornerstone Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $924 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Association Phone (734) 973-5500

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Security
  • 24-Hour Security

Property Details

Home Type

Condominium

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: Ranch
  • Stories: 1
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 419.46
  • 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
  • Tax Info:Annual Property Tax: 8122.0
  • Tax Info:Zoning3: D1
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Appliances Microwave: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Entry Type: Security
  • General Property Info:Pets YN: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Security Features 24 Hour Security: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Concrete
  • List Price: 250000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area
  • Security Features: 24 Hour Security
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Pets Allowed, Security
  • Association Fee: 923.69
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 923.69
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Security: Yes
  • Association Info:Association Phone: 734-973-5500

Fee Information

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

Lot Info

  • Zoning Description: D1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8122.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 14, 2025
Sold by
Fraker Michael S and Fraker Elizabeth E
Bought by
Hansen Staale
Seller's Agent
Brent Flewelling
The Charles Reinhart Company
Buyer's Agent
Sharon Weintraub
Cornerstone Real Estate
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Views
19
Current Estimated Value
$264,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,209
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Apr 7, 2023
Sold by
Yoshiko Hamano Charitable Remainder Trus
Bought by
Fraker Michael S and Fraker Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2022
Sold by
Hamano Yoshiko
Bought by
Yoshiko Hamano Charitable Remainder Trust
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 Type Sale Price Title Company
Warranty Deed $260,000 American Title
Warranty Deed $260,000 American Title
Warranty Deed $220,000 Preferred Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $211,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $260,000 +4.0% $436 / Sq Ft
03/28/2025 03/28/25 For Sale $250,000 -- $419 / Sq Ft
Source: MichRIC

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 $6,475 $124,000 $0 $0
2024 $6,297 $116,900 $0 $0
2023 $3,717 $107,900 $0 $0
2022 $4,499 $107,200 $0 $0
2021 $4,372 $102,900 $0 $0
2020 $4,234 $100,200 $0 $0
2019 $4,039 $100,700 $100,700 $0
2018 $3,962 $92,600 $0 $0
2017 $3,823 $89,400 $0 $0
2016 $3,725 $60,200 $0 $0
2015 $3,572 $60,020 $0 $0
2014 $3,572 $58,145 $0 $0
2013 -- $58,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25011272

MichRIC

APN: 09-29-401-183