NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 21J Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $285,985

1 Bed
1 Bath
596 Sq Ft
1969 Built

Sale Details

Date Sold: July 23, 2024

Last sale price $310,000 $520 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,729 / mo

7 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Hot Water Heating System

About This Home

As of July 2024

Nice Large One Bedroom unit on highly desirable Southeast corner. Stunning views of UM Campus and the Big House from full width panoramic windows. Nicely updated with kitchen partially open to living area. 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 security, 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. Parking and on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 06/19/2024

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 06/19/2024

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,580

Year Built

  • Built in 1969

HOA Fees

  • $871 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,580

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$871 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 535.23
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • 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: 7580.0
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Other
  • List Price: 319000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 871.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 871.0
  • Association Info:Assoc Fee Payable: Monthly
  • Association Info:Association Phone: 734-973-5500

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Heat

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 7580.0
  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 22, 2024
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%
Views
14
Current Estimated Value
$285,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,015
Avg. Annual Appreciation
-3.82%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Apr 19, 2016
Sold by
Bought by
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Andrew Piper
@properties Christie's Int'lAA
List Price
$229,000
Sold Price
$176,000
Premium/Discount to List
-$53,000
-23.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Ann Arbor, MI

  • Susan Niethammer Real Estate Agent - RE/MAX Platinum

    Susan Niethammer

    RE/MAX Platinum

    (734) 802-1158

    74 Total Sales

    3 in Downtown Ann Arbor

    $199,000 Price Range

    Susan Niethammer
     Section Image
  • Todd Waller Real Estate Agent - @properties Christie's Int'lAA

    Todd Waller

    @properties Christie's Int'lAA

    (734) 802-1481

    93 Total Sales

    1 in Downtown Ann Arbor

    $265,000 Price

    Todd Waller
     Section Image
  • Nancy Bishop Real Estate Agent - The Charles Reinhart Company

    Nancy Bishop

    The Charles Reinhart Company

    (734) 802-1729

    306 Total Sales

    18 in Downtown Ann Arbor

    $127K - $1.6M Price Range

    Nancy Bishop
     Section Image
  • Deborah Wass Real Estate Agent - ERA Prime Real Estate Group

    Deborah Wass

    ERA Prime Real Estate Group

    (734) 294-0561

    125 Total Sales

    1 in Downtown Ann Arbor

    $605,000 Price

    Deborah Wass
     Section Image
  • Howard Watts Real Estate Agent - Coldwell Banker Professionals

    Howard Watts

    Coldwell Banker Professionals

    (734) 999-3847

    198 Total Sales

    4 in Downtown Ann Arbor

    $650K - $657K Price Range

    Howard Watts
     Section Image
  • Michelle Stalmack Real Estate Agent - Real Estate One

    Michelle Stalmack

    Real Estate One

    (734) 390-4648

    131 Total Sales

    2 in Downtown Ann Arbor

    $725K - $1.1M Price Range

    Michelle Stalmack
     Section Image
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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
$310,000 Preferred Title
$176,000 Liberty Title
$188,000 --
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
Previous Owner $417,000
Previous Owner $55,000
Previous Owner $150,400
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2024 07/23/24 Sold $310,000 -2.8% $520 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $319,000 +81.3% $535 / Sq Ft
04/20/2016 04/20/16 Sold $176,000 -23.1% $295 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $229,000 -- $384 / Sq Ft
Source: MichRIC

Tax 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.

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
2026 $9,371 $141,100 $0 $0
2025 $7,263 $135,200 $0 $0
2024 $6,369 $128,100 $0 $0
2023 $5,881 $119,200 $0 $0
2022 $7,118 $118,500 $0 $0
2021 $6,917 $114,100 $0 $0
2020 $6,699 $111,400 $0 $0
2019 $6,390 $111,900 $111,900 $0
2018 $6,269 $103,800 $0 $0
2017 $6,048 $96,100 $0 $0
2016 $3,834 $77,587 $0 $0
2015 $4,603 $77,355 $0 $0
2014 $4,603 $74,938 $0 $0
2013 -- $74,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic Real Estate Agent - University Realty Associates

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    79 in this area

    82 Total Sales

    Brian Tomsic
    Section Image
  • Lisa Stelter Real Estate Agent - The Charles Reinhart Company

    Seller's Agent in 2016

    Lisa Stelter

    The Charles Reinhart Company

    (734) 645-7909

    8 in this area

    181 Total Sales

    Lisa Stelter
    Section Image
  • Andrew Piper Real Estate Agent - @properties Christie's Int'lAA

    Buyer's Agent in 2016

    Andrew Piper

    @properties Christie's Int'lAA

    (734) 604-8242

    3 in this area

    63 Total Sales

    Andrew Piper
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 24031190

MichRIC

APN: 09-29-401-261

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 21J, 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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