Tower Plaza 555 E William St Unit 24E Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
--
Bed
1
Bath
383
Sq Ft
$594/mo
HOA Fee
Highlights
- Meeting Room
- Security Service
- Central Air
- Bach Elementary School Rated A
- Laundry Room
- 4-minute walk to Liberty Plaza
About This Home
As of April 2025Recently renovated 24th floor Studio unit with amazing view of downtown Ann Arbor and the river valley beyond. Stylish white cabinets and granite countertops in both kitchen & bath. 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, downtown based professional, senior, investor, weekender, or anyone looking for a reasonably priced downtown residence. Parking & on site rental management available.
Last Agent to Sell the Property
University Realty Associates License #6506037705 Listed on: 12/05/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
HOA Fees
- $594 Monthly HOA Fees
Parking
- Parking Permit Required
Interior Spaces
- 1 Full Bathroom
- 383 Sq Ft Home
- 1-Story Property
- Laundry in Basement
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
- Tower Plaza Condos
Amenities
- Meeting Room
- Laundry Facilities
- Community Storage Space
Additional Features
- Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2024
Closed on
Apr 2, 2025
Sold by
Cheung Leonard
Bought by
L & Z Rentals Llc
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Judie Wu
The Charles Reinhart Company
List Price
$235,000
Sold Price
$223,000
Premium/Discount to List
-$12,000
-5.11%
Total Days on Market
77
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$225,900
Outstanding Balance
$225,900
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$523
Purchase Details
Closed on
Jun 23, 2017
Sold by
Kiani Pourandokht
Bought by
Cheung Leonard
Purchase Details
Closed on
Apr 20, 2017
Sold by
Rhb Llc
Bought by
Kiani Pourandokht
Purchase Details
Closed on
Oct 23, 2006
Sold by
Rhb Llc
Bought by
Rhb #3 Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $223,000 | Preferred Title | |
| Warranty Deed | $223,000 | Preferred Title | |
| Warranty Deed | $160,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,900 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $223,000 | -0.9% | $582 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | Price Changed | $225,000 | -4.3% | $587 / Sq Ft |
| 12/05/2024 12/05/24 | For Sale | $235,000 | -- | $614 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,399 | $115,900 | $0 | $0 |
| 2023 | $7,399 | $109,900 | $0 | $0 |
| 2022 | $7,261 | $109,400 | $0 | $0 |
| 2021 | $7,067 | $106,500 | $0 | $0 |
| 2020 | $6,844 | $104,600 | $0 | $0 |
| 2019 | $6,636 | $105,000 | $105,000 | $0 |
| 2018 | $6,511 | $101,900 | $0 | $0 |
| 2017 | $2,554 | $86,600 | $0 | $0 |
| 2016 | $1,988 | $40,228 | $0 | $0 |
| 2015 | $2,387 | $40,108 | $0 | $0 |
| 2014 | $2,387 | $38,856 | $0 | $0 |
| 2013 | -- | $38,856 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Tomsic
Seller's Agent in 2025
Brian Tomsic
University Realty Associates
(734) 646-6156
100 in this area
103 Total Sales
-
Judie Wu
Buyer's Agent in 2025
Judie Wu
The Charles Reinhart Company
(734) 546-6140
14 in this area
200 Total Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24061938
APN: 09-29-401-285
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