NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 25H Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $232,000 - $241,000

-- Bed
1 Bath
383 Sq Ft
$533/mo HOA Fee

Last Sold January 12, 2024

Last sale price $217,500 $568 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,307/month

2 Days on Market

Highlights

  • Meeting Room
  • Breakfast Area or Nook
  • Central Air
  • Bach Elementary School Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Liberty Plaza

About This Home

As of January 2024

Welcome to downtown Ann Arbor living at its finest! Explore the vibrant city lifestyle from this newly updated studio condo in Tower Plaza. Perched on the 25th floor, this light-filled North side unit offers picturesque views through its expansive wall-to-wall windows.
Immerse yourself in the heart of the action, just one block from the University of Michigan Campus, surrounded by a wealth of restaurants, shops, and exciting events.
Additional perks include 24/7 lobby security, extra storage in the basement and on-site laundry facilities for convenience, also a dedicated maintenance staff to address your needs promptly.
Step inside, and you'll discover a condo that has been thoughtfully updated within last year. Revel in the modern ambiance created by a new kitchen (cabinets, all appliances and countertops) and laminate flooring throughout.
This property is Ideal for a student, downtown-based professional, or anyone seeking a remarkable property in downtown Ann Arbor at an attractive price point, this condo is a perfect blend of style, convenience, and affordability. Don't miss the opportunity to make this downtown haven your new home! Schedule a tour today to experience the allure of Tower Plaza living. Last Picture are the views you can enjoy once you move in (taken by the owner).

Last Agent to Sell the Property

Nafisa Gero

NestEgg Properties License #6501419624 Listed on: 12/11/2023

NestEgg Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $533 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 383 Sq Ft Home
  • Insulated Windows
  • Window Treatments
  • Laundry on lower level
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 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 Subdivision

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 383.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 5787.97
  • Tax Info:Zoning3: D1
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Insulated Windows: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza
  • Additional Items:Laminate Floor: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 383.0
  • Additional Items:Tile Floor: Yes
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Lower Level: Yes
  • Laundry Features Common Area: 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, Cook Top, Dishwasher, Freezer, Microwave, Refrigerator
  • Interior Amenities: Ceramic Floor, Laminate Floor
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 383.0
  • Window Features: Insulated Windows, Window Treatments
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 200000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Heat Pump, Natural Gas
  • Heating: Yes
  • Laundry Features: Common Area, Lower Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Storage
  • Association Fee: 533.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 533.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: (734)973 5500

Fee Information

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

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: D1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5787.97
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jan 12, 2024
Sold by
Friedrich Deborah
Bought by
Scovera Adam
Seller's Agent
Nafisa Gero
NestEgg Properties
List Price
$200,000
Sold Price
$217,500
Premium/Discount to List
$17,500
8.75%
Views
17
Current Estimated Value
$237,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,668
Avg. Annual Appreciation
6.11%
Original Mortgage
$206,625
Outstanding Balance
$203,390
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,044

Purchase Details

Listed on
Feb 27, 2022
Closed on
Mar 16, 2022
Sold by
Marie Thompson
Bought by
Friedrich Deborah
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Maryann Ryan
The Charles Reinhart Company
List Price
$198,000
Sold Price
$178,095
Premium/Discount to List
-$19,905
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Apr 20, 2012
Sold by
Washtenaw County Treasurer
Bought by
Thompson Marie

Purchase Details

Closed on
Dec 4, 2008
Sold by
Thompson Michael
Bought by
Thompson Marie
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
Scovera Adam $217,500 None Listed On Document
Friedrich Deborah $178,095 Preferred Title
Thompson Marie $783 None Available
Thompson Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scovera Adam $206,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $217,500 +8.8% $568 / Sq Ft
12/08/2023 12/08/23 For Sale $200,000 +12.3% $522 / Sq Ft
03/21/2022 03/21/22 Sold $178,095 -10.1% $465 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $198,000 -- $517 / 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 $5,788 $122,600 $0 $0
2024 $5,390 $117,800 $0 $0
2023 $5,788 $111,800 $0 $0
2022 $2,655 $111,300 $0 $0
2021 $2,921 $108,300 $0 $0
2020 $2,829 $106,500 $0 $0
2019 $2,699 $106,800 $106,800 $0
2018 $2,648 $103,700 $0 $0
2017 $2,554 $87,700 $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

  • Nafisa Gero

    Seller's Agent in 2024

    Nafisa Gero

    NestEgg Properties

    (517) 260-0931

    4 in this area

    19 Total Sales

    Nafisa Gero
    Section Image
  • Brian Tomsic

    Seller's Agent in 2022

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    94 in this area

    97 Total Sales

    Brian Tomsic
    Section Image
  • Maryann Ryan

    Buyer's Agent in 2022

    Maryann Ryan

    The Charles Reinhart Company

    (734) 645-2428

    4 in this area

    261 Total Sales

    Maryann Ryan
    Section Image
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About Tower Plaza

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23144017

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-299

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 25H, Ann Arbor, MI

This home is located at 555 E William St Unit 25H, Ann Arbor, MI 48104 since 11 December 2023 and is currently estimated at $237,168, approximately $619 per square foot. This property was built in 1969. 555 E William St Unit 25H is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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