NOT LISTED FOR SALE

Estimated Value: $234,000 - $313,000

1 Bed
1 Bath
430 Sq Ft
$515/mo HOA Fee

Last Sold July 31, 2017

Last sale price $180,000 $419 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,468/month

38 Days on Market

Highlights

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

About This Home

As of July 2017

Tower Plaza Condominium #23F. Prime downtown location just one block from UM Campus. One Bedroom floorplan. North side 23rd floor unit with magnificent view of downtown Ann Arbor. Nice engineered wood floor. Quiet, securre buildign has 24 hour lobby security, soundproof walls, on site laundry & storage. This is a perfect place for student, downtown based professional, senior, or anyone looking for a reasonably priced downtown home.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 05/26/2017

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 05/26/2017

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $515 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • Window Treatments

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • 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
  • Heat Pump System
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, heat, cable/satellite

Amenities

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

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • 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: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5664.0
  • 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:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Additional Items:Laminate Floor: Yes
  • Additional Items:Wood Floor: Yes
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Additional Items:Tile Floor: Yes
  • Assoc Amenities:Laundry: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator, Laminate Floor, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: 189000.0

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Heat Pump
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Cable TV, Meeting Room, Storage
  • Association Fee: 515.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 515.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Heat, Cable/Satellite

Schools

  • Elementary School: Bach
  • High School: Pioneer
  • Middle/Junior School: Slauson

Lot Info

  • Zoning Description: C2AR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5664.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Gerszberg Ted and Gerszberg Robin Frank
Bought by
Shripka Amelia and Iyer Rajesh
Current Estimated Value
$276,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$220,274
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$55,851

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 31, 2017
Sold by
Owen Gregory
Bought by
Gerszberg Ted and Gerszberg Robin Frank
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

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:

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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
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
Previous Owner Gregory Stephen E $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $180,000 -4.8% $419 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $189,000 -- $440 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,767 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23081945

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-275