NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 24H Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $222,000 - $233,155

Studio
1 Bath
383 Sq Ft
1969 Built

Sale Details

Date Sold: March 11, 2024

Last sale price $226,000 $590 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,347 / mo

14 Days on Market

Highlights

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

About This Home

As of March 2024

Newly renovated North side 24th floor Studio. Brand new updates include modern grey cabinets, granite countertops, black appliances, opening from kitchen to living area, luxury vinyl plank flooring, much more. 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 and on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/26/2024

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/26/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1969

HOA Fees

  • $560 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 383 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

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

Community Details

Overview

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

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,775

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$560 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: 587.47
  • 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: 383.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3775.0
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 383.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 383.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 225000.0
  • 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 Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 560.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 560.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: 7349735500

Fee Information

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 3775.0
  • 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
Jan 26, 2024
Closed on
Mar 11, 2024
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Views
33
Current Estimated Value
$227,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,789
Avg. Annual Appreciation
0.33%
Original Mortgage
$180,000
Outstanding Balance
$175,394
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$52,395

Purchase Details

Closed on
Jul 1, 2004
Sold by
Bought by
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

  • 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
  • Lisa Ridha Real Estate Agent - The Charles Reinhart Company

    Lisa Ridha

    The Charles Reinhart Company

    (734) 821-4894

    117 Total Sales

    8 in Downtown Ann Arbor

    $395K - $925K Price Range

    Lisa Ridha
     Section Image
  • Brian Tomsic Real Estate Agent - University Realty Associates

    Brian Tomsic

    University Realty Associates

    (734) 821-6443

    82 Total Sales

    153 in Downtown Ann Arbor

    $158K - $410K Price Range

    Brian Tomsic
     Section Image
  • Carson Alexander-White Real Estate Agent - Bob White Realty

    Carson Alexander-White

    Responds Quickly

    Bob White Realty

    (734) 822-7016

    21 Total Sales

    1 in Downtown Ann Arbor

    $630,000 Price

    Carson Alexander-White
     Section Image
See All Agents

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
$226,000 Preferred Title
-- --
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
Open $180,000
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
03/11/2024 03/11/24 Sold $226,000 +0.4% $590 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $225,000 -- $587 / 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 $6,420 $124,400 $0 $0
2025 $5,511 $120,700 $0 $0
2024 $2,703 $115,900 $0 $0
2023 $2,929 $109,900 $0 $0
2022 $3,545 $109,400 $0 $0
2021 $3,444 $106,500 $0 $0
2020 $3,336 $104,600 $0 $0
2019 $3,182 $105,000 $105,000 $0
2018 $3,122 $101,900 $0 $0
2017 $3,012 $86,600 $0 $0
2016 $2,344 $47,432 $0 $0
2015 $2,814 $47,291 $0 $0
2014 $2,814 $45,814 $0 $0
2013 -- $45,814 $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
See All Agents

About Tower Plaza

Map

Source: MichRIC

MLS Number: 24004817

MichRIC

APN: 09-29-401-288

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 24H, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.