NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $223,000 - $231,000

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 $2,235 / 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

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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 11, 2024
Sold by
Maria Th Beye Revocable Trust
Bought by
Sung Chunyung
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
$227,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,715
Avg. Annual Appreciation
0.35%
Original Mortgage
$180,000
Outstanding Balance
$177,006
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$50,709

Purchase Details

Closed on
Jul 1, 2004
Sold by
Beye Maria Th
Bought by
Maria Th Beye Revocable Trust
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

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
Sung Chunyung $226,000 Preferred Title
Sung Chunyung $226,000 Preferred Title
Maria Th Beye Revocable Trust -- --
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 Sung Chunyung $180,000
Closed Sung Chunyung $180,000
Source: Public Records

Property History

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

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 $5,511 $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

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    85 in this area

    88 Total Sales

    Brian Tomsic
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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.

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