NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 20D Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $268,000 - $288,000

1 Bed
1 Bath
596 Sq Ft
1969 Built

Sale Details

Date Sold: June 5, 2023

Last sale price $245,000 $411 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,879 / mo

176 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 June 2023

The view from this 20th floor Northwest corner Large One Bedroom unit is magnificent! Roomy desirable floorplan. 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. Rented through 8/31/23

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 11/01/2022

Last Buyer's Agent

Katherine Wagner

The Charles Reinhart Company License #6501419205

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $817 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

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

$817 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: 426.17
  • General Property Info:New Construction2: 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: 6648.0
  • 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
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • 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:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
  • Interior Amenities: Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 596.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 254000.0
  • Lot Features: Sidewalk

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: 817.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 817.0
  • 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: 6648.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jun 2, 2023
Sold by
Aftab Gulnaz B
Bought by
Ibrahim Jennifer and Severud Geoffrey
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Katherine Wagner
The Charles Reinhart Company
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Views
169
Current Estimated Value
$277,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,017
Avg. Annual Appreciation
4.28%
Original Mortgage
$171,500
Outstanding Balance
$166,215
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$110,802

Purchase Details

Closed on
Jul 14, 2010
Sold by
Meyer Lucas Joseph F and Meyer Lucas Barbara
Bought by
Aftab Gulnaz B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ibrahim Jennifer $245,000 Preferred Title
Ibrahim Jennifer $245,000 Preferred Title
Aftab Gulnaz B $199,000 American Title Co Washtenaw
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ibrahim Jennifer $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $245,000 -5.4% $411 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
11/01/2022 11/01/22 For Sale $259,000 -- $435 / 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 $6,990 $133,300 $0 $0
2024 $6,798 $126,200 $0 $0
2023 $5,531 $117,300 $0 $0
2022 $6,694 $116,600 $0 $0
2021 $6,505 $112,200 $0 $0
2020 $6,300 $109,600 $0 $0
2019 $6,010 $110,000 $110,000 $0
2018 $5,896 $101,900 $0 $0
2017 $5,688 $95,000 $0 $0
2016 $4,426 $89,573 $0 $0
2015 $5,315 $89,306 $0 $0
2014 $5,315 $87,200 $0 $0
2013 -- $87,200 $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

    85 in this area

    88 Total Sales

    Brian Tomsic
    Section Image
  • Katherine Wagner

    Buyer's Agent in 2023

    Katherine Wagner

    The Charles Reinhart Company

    (734) 707-1522

    2 in this area

    26 Total Sales

    Katherine Wagner
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 54712

MichRIC

APN: 09-29-401-238

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 20D, Ann Arbor, MI

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.

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

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