$219,000

Tower Plaza 555 E William St Unit 16K Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated payment $2,355/month

Total Views 46,567
-- Bed
1 Bath
396 Sq Ft
$553 Price per Sq Ft

Highlights

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

About This Home

South side Large Studio with amazing view of UM Campus & the Big House. 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 place for student, downtown based professional, senior, investor, weekender or anyone looking for a reasonably priced residence. Parking & on site rental management available.
NOTE: THIS UNIT IS RENTED THROUGH 4/30/27

Listing Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/17/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System

Community Details

Overview

  • Association fees include water, snow removal, lawn/yard care, sewer, heat, trash, maintenance structure

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Building Details

  • Security

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

414 Sq Ft Lot

HOA Fees

$640 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Entry Type: Security
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Disposal, Range
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 396.0

Exterior Features

  • Construction Materials: Other
  • List Price: 219000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, In Basement, Laundry Room
  • Security Features: 24 Hour Security, Building Security, Fire Alarm, Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Meeting Room, Security, Storage, Laundry
  • Association Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Lot Size Acres: 0.0095
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 414.0
  • Zoning Description: c2ar

Tax Info

  • Tax Annual Amount: 7158.0
  • Tax Year: 2025

Map

About Tower Plaza

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,423 $106,400 $0 $0
2024 $5,396 $101,500 $0 $0
2023 $6,423 $95,400 $0 $0
2022 $6,299 $94,900 $0 $0
2021 $5,387 $91,900 $0 $0
2020 $5,218 $90,100 $0 $0
2019 $4,977 $90,400 $90,400 $0
2018 $4,883 $87,200 $0 $0
2017 $4,711 $78,200 $0 $0
2016 $3,665 $74,185 $0 $0
2015 $4,402 $73,964 $0 $0
2014 $4,402 $72,200 $0 $0
2013 -- $72,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2026 02/17/26 For Sale $219,000 -- $553 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $168,750 Preferred Ttl Agcy Of Ann Ab
Interfamily Deed Transfer -- None Available
Warranty Deed $136,000 American Title Co Washetenaw
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,000 New Conventional
Source: Public Records

About the Listing Agent

Brian Tomsic
Brian Tomsic

University Realty Associates

(734) 230-7052

Section Image

University Realty Associates has been providing on-site sales and rental management for Tower Plaza since 1989. Whether you are looking for a new home for yourself, a family member, or as an investment property, he makes sure the process will be seamless and worry-free.

View Brian's Profile

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Source: MichRIC

MLS Number: 26005753

MichRIC

APN: 09-29-401-200

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 16K, Ann Arbor, MI

For Sale

Condos

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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Brian Tomsic
Brian Tomsic
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University Realty Associates
(734) 230-7052
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