NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 17K Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $212,000 - $238,000

-- Bed
1 Bath
396 Sq Ft
$543/mo HOA Fee

Last Sold February 28, 2023

Last sale price $195,000 $492 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,193/month

8 Days on Market

Highlights

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

About This Home

As of February 2023

Fantastic view, and a fantastic unit! South side 17th floor Large Studio floorplan with a magnificent view of UM Campus and the Big House through full width panoramic windows. Completely renovated in the for efficient style. Modern kitchen & bathroom cabinets, granite countertops, automatic roller shades, new tile, wood laminate flooring, murphy bed/wall unit, loads of builtin storage makes the most of limited space. 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. Parking available. This is a perfect home for student, downtown based professional, senior, investor, weekender or anyone looking for a reasonably price downtown resi residence.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/05/2023

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $543 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 396 Sq Ft Home
  • Window Treatments
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

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
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Laminate Floor
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 396.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 197000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 543.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 543.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 7349735500
  • 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
  • High School: Pioneer
  • Middle/Junior School: Slauson

Lot Info

  • Zoning Description: C2AR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6396.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Feb 28, 2023
Sold by
Setlock David and Setlock Christina L
Bought by
Gandhi Jignesh and Gandhi Sejal
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
No Member
Non Member Sales
List Price
$197,000
Sold Price
$195,000
Premium/Discount to List
-$2,000
-1.02%
Total Days on Market
8
Current Estimated Value
$223,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,399
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Feb 22, 2018
Sold by
Setlock David
Bought by
Setlock David and Setlock Christina L

Purchase Details

Closed on
Mar 14, 2006
Sold by
Gabor Ben and Anderson Esther
Bought by
Ognjanovski Robert and Ognjanovski Mira

Purchase Details

Closed on
Aug 24, 2005
Sold by
Huynh Sontri and Morikawa Keiko
Bought by
Gabor Ben and Anderson Esther

Purchase Details

Closed on
May 13, 2003
Sold by
Potti Babu T and Potti Rani T
Bought by
Huynh Sontri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Gandhi Jignesh $195,000 --
Setlock David -- None Available
Setlock David $166,000 None Available
Ognjanovski Robert $145,000 None Available
Gabor Ben $143,000 Liberty Title
Huynh Sontri $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Sontri $115,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $195,000 -1.0% $492 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $197,000 -- $497 / 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
2024 $4,747 $103,400 $0 $0
2023 $4,325 $97,300 $0 $0
2022 $6,396 $96,800 $0 $0
2021 $6,215 $93,800 $0 $0
2020 $6,020 $92,000 $0 $0
2019 $5,870 $92,300 $92,300 $0
2018 $3,871 $89,100 $0 $0
2017 $3,766 $79,400 $0 $0
2016 $3,208 $75,307 $0 $0
2015 $3,460 $75,082 $0 $0
2014 $3,460 $73,400 $0 $0
2013 -- $73,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2023

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    100 in this area

    103 Total Sales

    Brian Tomsic
    Section Image

  • N

    Buyer's Agent in 2023

    No Member

    Non Member Sales

See All Agents

About Tower Plaza

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23090951

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-212

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 17K, Ann Arbor, MI

This home is located at 555 E William St Unit 17K, Ann Arbor, MI 48104 since 05 February 2023 and is currently estimated at $223,399, approximately $564 per square foot. This property was built in 1969. 555 E William St Unit 17K 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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