NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 23F Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $222,000 - $308,000

1 Bed
1 Bath
430 Sq Ft
1969 Built

Last Sold March 12, 2024

Last sale price $280,000 $651 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,875/month

4 Days on Market

Highlights

  • Central Air
  • Hot Water Heating System
  • 4-minute walk to Liberty Plaza
  • Bach Elementary School Rated A

About This Home

As of March 2024

Magnificent view of downtown Ann Arbor through the huge panoramic windows of this 23rd floor renovated Small One Bedroom unit. One of a kind, top dollar renovations throughout: Kitchen has been reoriented to open up the entire living space. Great custom cabinets open to both kitchen and breakfast bar/living area. Granite countertops, stainless appliances, luxury vinyl plank flooring, custom closets, bathroom has been completely redone with walk in shower. Many other custom touches make this the very finest of this floorplan in the building. 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,

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/10/2024

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 02/10/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1969

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • Association Phone (734) 973-5500
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,767

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

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: 672.09
  • 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: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5767.0
  • 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: 430.0
  • 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: 430.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Other
  • List Price: 289000.0
  • 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
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Phone: 734-973-5500

Association/Amenities

  • Association Info:Association Phone: 7349735500

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 5767.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 5, 2024
Sold by
Gerszberg Ted and Gerszberg Robin Frank
Bought by
Shripka Amelia and Iyer Rajesh
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Views
34
Current Estimated Value
$262,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,026
Avg. Annual Appreciation
-3.03%
Original Mortgage
$224,000
Outstanding Balance
$220,056
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$42,918

Purchase Details

Closed on
Jul 31, 2017
Sold by
Owen Gregory
Bought by
Gerszberg Ted and Gerszberg Robin Frank

Purchase Details

Closed on
Dec 7, 2015
Sold by
Gregory Stephen E and Gregory Jr Stephen E Trust
Bought by
Gregory Owen

Purchase Details

Closed on
Nov 22, 2011
Sold by
Gregory Stephen E and Gregory Laura J
Bought by
Gregory Stephen E and Gregory Laura Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shripka Amelia $280,000 Preferred Title
Shripka Amelia $280,000 Preferred Title
Gerszberg Ted $180,000 None Available
Gregory Owen -- --
Gregory Stephen E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shripka Amelia $224,000
Closed Shripka Amelia $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $280,000 -3.1% $651 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $289,000 -- $672 / 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 $5,634 $123,400 $0 $0
2024 $5,371 $118,100 $0 $0
2023 $4,952 $111,400 $0 $0
2022 $5,626 $110,900 $0 $0
2021 $5,493 $107,600 $0 $0
2020 $5,382 $105,600 $0 $0
2019 $5,163 $105,900 $105,900 $0
2018 $5,090 $102,000 $0 $0
2017 $5,582 $88,800 $0 $0
2016 $4,343 $87,900 $0 $0
2015 $3,926 $65,979 $0 $0
2014 $3,926 $63,918 $0 $0
2013 -- $63,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 24006977

MichRIC

APN: 09-29-401-275

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 23F, 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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