NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $269,000 - $281,000

1 Bed
1 Bath
596 Sq Ft
$820/ mo HOA Fee

Last Sold July 06, 2022

Last sale price $262,000 $440 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,773/month

44 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Elevator
  • Bach Elementary School Rated A
  • Meeting Room
  • 4-minute walk to Liberty Plaza

About This Home

As of July 2022

Tower Plaza Condominium #20i. Prime downtown location just one block from UM Campus. Northeast corner unit on 20th floor with magnificent view of downtown Ann Arbor. Large One Bedroom floorplan. Beautiful recent renovation includes stainless appliances, hardwood floors, windows and new heating and cooling units. Oak inlay kitchen cabinets with granite countertops. Single handle pull-down sprayer kitchen faucet. Vertical blinds. Mirrored closet doors in bedroom and foyer. Custom bathroom vanity with granite top, white vessel sink and waterfall faucet. Tiled shower/bath and bidet toilet seat. Adequate-sized bedroom with room for a desk at the East-facing window. Keyless entry. Other units with this floorplan have opened the kitchen to the living and dining space. Quiet, secure building has has 24-hour lobby security, soundproof walls, on site laundry, storage and on-site maintenance staff. Short term & long-term parking in the Maynard St parking structure can be leased as it becomes available. Ideal home for student, UM professor, senior, downtown-based business owners/employees or anyone who just wants to enjoy the events and culture of Ann Arbor. One of the most affordable properties to live in downtown Ann Arbor.

Last Agent to Sell the Property

Michael Price

Key Realty One LLC License #6501273091 Listed on: 05/14/2022

Key Realty One LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1969

Lot Details

  • End Unit

HOA Fees

  • $820 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 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

Amenities

  • Meeting Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,586

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$820 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: 451.34
  • 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: No
  • Tax Info:Annual Property Tax: 5586.0
  • Tax Info:Zoning3: C2AR
  • 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
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • 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:Wood Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Tile, Wood
  • 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: 269000.0
  • Lot Features: Sidewalk, Site Condo

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: End Unit, Laundry, Meeting Room, Security, Storage
  • Association Fee: 820.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 820.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes
  • 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: 5586.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 6, 2022
Sold by
Kory Josef S
Bought by
Kory Josef S and Kory Bethleza
Seller's Agent
Michael Price
Key Realty One LLC
List Price
$269,000
Sold Price
$262,000
Premium/Discount to List
-$7,000
-2.6%
Current Estimated Value
$275,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,081
Avg. Annual Appreciation
1.31%

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 26, 2017
Sold by
Gordon Franklin L and Gordon Karen S
Bought by
Borenstein Nathaniel S and Borenstein Trina R
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Michael Price
Key Realty One LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Sep 8, 2006
Sold by
Kashef Minuchehr
Bought by
Gordon Franklin L and Gordon Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.7%
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
Kory Josef S -- None Listed On Document
Kory Josef S $262,000 None Listed On Document
Borenstein Nathaniel S $240,000 Preferred Title
Gordon Franklin L $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Franklin L $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $262,000 -2.6% $440 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $269,000 0.0% $451 / Sq Ft
06/09/2021 06/09/21 Rented $1,650 -17.5% --
06/09/2021 06/09/21 Under Contract -- -- --
08/12/2020 08/12/20 For Rent $2,000 0.0% --
08/31/2019 08/31/19 Rented $2,000 0.0% --
08/01/2019 08/01/19 Under Contract -- -- --
05/31/2018 05/31/18 For Rent $2,000 0.0% --
08/10/2017 08/10/17 Sold $240,000 -2.0% $403 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $245,000 -- $411 / 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 $5,798 $133,300 $0 $0
2024 $5,655 $126,200 $0 $0
2023 $5,214 $117,300 $0 $0
2022 $5,665 $116,600 $0 $0
2021 $5,531 $112,200 $0 $0
2020 $5,419 $109,600 $0 $0
2019 $5,897 $110,000 $110,000 $0
2018 $6,511 $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

  • Michael Price

    Seller's Agent in 2022

    Michael Price

    Key Realty One LLC

    (734) 216-9920

    2 in this area

    91 Total Sales

    Michael Price
    Section Image
  • Brian Tomsic

    Seller's Agent in 2017

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 23089924

MichRIC

APN: 09-29-401-243

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

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

Not Listed 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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