NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 26A Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $277,000 - $336,000

1 Bed
1 Bath
696 Sq Ft
1969 Built

Sale Details

Date Sold: February 4, 2019

Last sale price $240,000 $345 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,143 / mo

21 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Ceramic Tile Flooring
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of February 2019

This is a rare opportunity to own a top floor unit in Ann Arbor's tallest building. A highly desirable and hard to find Grand One Bedroom floorplan. Prime downtown location, just one block from UM Campus in the quiet State Street area. South side unit with a breathtaking view of Campus and the Big House through full width panoramic windows. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry & storage. This is a perfect home for student, downtown based professional, senior, or anyone looking for a reasonably priced downtown residence. NOTE: this unit has been used for many years as an office. It needs to be redone, and is priced accordingly. Not extremely pretty right now, but its potential is huge. A blank slate waiting for someone to turn it into into a masterpiece.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 10/23/2018

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 10/23/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1969

HOA Fees

  • $848 Monthly HOA Fees

Interior Spaces

  • 696 Sq Ft Home
  • Window Treatments
  • Living Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • 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

Est. Annual Taxes

$4,225

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$848 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 352.01
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 696.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 4225.0
  • 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:Window Treatments: Yes
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 696.0
  • Assoc Amenities:Laundry: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: No
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 696.0
  • Window Features: Window Treatments
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 245000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Cable TV, Laundry, Meeting Room, Storage
  • Association Fee: 848.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 848.0
  • 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 Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Zoning Description: C2AR

Tax Info

  • Tax Annual Amount: 4225.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Feb 4, 2019
Sold by
Walsh Denis E and Walsh Judith M
Bought by
Goud Satish
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$307,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,185
Avg. Annual Appreciation
3.49%
Original Mortgage
$192,000
Outstanding Balance
$166,865
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$140,320

Purchase Details

Closed on
May 13, 2014
Sold by
Walsh Denis E and Walsh Judith M
Bought by
Walsh Denis E and The Denis E Walsh 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

Date Buyer Sale Price Title Company
Goud Satish $240,000 Preferred Title
Walsh Denis E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goud Satish $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $240,000 -2.0% $345 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $245,000 -- $352 / 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 $7,857 $153,400 $0 $0
2024 $7,641 $145,200 $0 $0
2023 $7,056 $135,100 $0 $0
2022 $8,774 $134,300 $0 $0
2021 $8,526 $129,300 $0 $0
2020 $8,258 $126,200 $0 $0
2019 $4,406 $126,800 $126,800 $0
2018 $4,323 $116,500 $0 $0
2017 $4,170 $107,400 $0 $0
2016 $3,245 $65,673 $0 $0
2015 $3,897 $65,477 $0 $0
2014 $3,897 $63,432 $0 $0
2013 -- $63,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2019

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    86 in this area

    89 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 23101686

MichRIC

APN: 09-29-401-314

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 26A, Ann Arbor, MI

Not Listed for Sale

Condos

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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