NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 22L Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $221,000 - $227,000

1 Bed
1 Bath
430 Sq Ft
$590/ mo HOA Fee

Last Sold April 12, 2023

Last sale price $199,000 $463 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,320/month

120 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 April 2023

Check out the breathtaking view of UM Campus and the Big House from your panoramic windows in this 22nd floor Grand Studio on the sunny South side of Ann Arbor's tallest building. Nicely cared for with an open floorplan. Prime downtown location just one block from UMN Cam pus 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 priced downtown residence. Rented through 8/20/23

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 10/31/2022

Last Buyer's Agent

Susan Niethammer

RE/MAX Platinum License #6501318973

RE/MAX Platinum

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $590 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 430 Sq Ft Home
  • Window Treatments
  • Living Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

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

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

$590 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: 462.79
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 6194.0
  • 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
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • 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
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 199000.0
  • 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: 590.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 590.0
  • 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: 6194.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2026
Sold by
Taylor Michael and Taylor Kristi
Bought by
Bakhtiari Ryan and Webber Monica
Current Estimated Value
$223,402

Purchase Details

Listed on
Oct 31, 2022
Closed on
Apr 12, 2023
Sold by
Thomas Chakupural and Thomas Philomina C
Bought by
Taylor Michael and Taylor Kristi
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Susan Niethammer
RE/MAX Platinum
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$149,250
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 16, 2012
Sold by
Young Kim Sun
Bought by
Chakupural Dr Thomas and The Thomas Chakupural And Phil

Purchase Details

Closed on
Aug 29, 1997
Sold by
Jane C Schwyn Trust
Bought by
Sun Young Kim
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

Date Buyer Sale Price Title Company
Bakhtiari Ryan $220,000 Preferred Title
Taylor Michael $199,000 Preferred Title
Chakupural Dr Thomas $140,000 American Title Company Of Wa
Sun Young Kim $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Michael $149,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $199,000 0.0% $463 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $199,000 -- $463 / 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 $6,436 $121,600 $0 $0
2024 $6,259 $116,200 $0 $0
2023 $5,153 $109,500 $0 $0
2022 $6,237 $109,000 $0 $0
2021 $6,061 $105,700 $0 $0
2020 $5,870 $103,700 $0 $0
2019 $5,599 $104,100 $104,100 $0
2018 $5,494 $100,100 $0 $0
2017 $5,300 $87,700 $0 $0
2016 $4,124 $83,459 $0 $0
2015 $4,952 $83,210 $0 $0
2014 $4,952 $81,300 $0 $0
2013 -- $81,300 $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

    87 in this area

    90 Total Sales

    Brian Tomsic
    Section Image
  • Susan Niethammer

    Buyer's Agent in 2023

    Susan Niethammer

    RE/MAX Michigan

    (734) 646-6055

    1 in this area

    69 Total Sales

    Susan Niethammer
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 23090665

MichRIC

APN: 09-29-401-271

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 22L, 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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