$210,000
SOLD OCT 30, 2024

Tower Plaza 555 E William St Unit 2G Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood
1 Bed
1 Bath
430 Sq Ft
$571/mo HOA Fee

Recently Sold

$488 Per Sq Ft

9% Below List Price

68 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Hot Water Heating System
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of October 2024

Location! Location! This newly updated condominium is situated in the heart of downtown Ann Arbor, just one block from the University of Michigan campus. 24/7 doorman security, soundproof walls, On-site laundry, private 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.

Last Agent to Sell the Property

luyao jiang

EXP Realty Main License #6501419911 Listed on: 08/02/2024

EXP Realty Main

Last Buyer's Agent

Sarah Underwood

Redfin Corporation License #6501304802

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1969

HOA Fees

  • $571 Monthly HOA Fees

Home Design

  • 430 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 090929401025

Community Details

Overview

  • (734) 973 5500 Association, Phone Number (734) 973-5500
  • Tower Plaza Condo Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,836

Year Built

Built in 1969

Lot Details

0

HOA Fees

$571 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1969
  • State Equalized Value: 72000.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range Hood
  • Sq Ft Combined: 430
  • Total Sq Ft: 430

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Stone
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Heating: Heat Pump, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Security, Trash
  • Association Fee Frequency: Monthly
  • Phone: (734) 973-5500
  • Association Fee: 571
  • Association Contact: (734) 973-5500
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: 090929401025

Tax Info

  • Tax Amount Summer: 3752.0000
  • Tax Amount Winter: 1084.0000
  • Total Tax: 4836.0000
  • Taxable Value: 71838.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 29, 2024
Sold by
Shu Shaofeng and Lu Kun
Bought by
Chaiyasate Kongkrit
Seller's Agent
luyao jiang
EXP Realty Main
Buyer's Agent
Sarah Underwood
Redfin Corporation
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Total Days on Market
68
Views
80
Current Estimated Value
$214,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,897
Avg. Annual Appreciation
4.05%
Original Mortgage
$157,500
Outstanding Balance
$154,589
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$60,308

Purchase Details

Closed on
May 18, 2017
Sold by
Shu Shaofeng
Bought by
Shu Shaoleng and Lu Kun

Purchase Details

Closed on
May 17, 2017
Sold by
Allarakhia Iqbal and Allarakhia Razia
Bought by
Shu Shaofeng

Purchase Details

Closed on
Jun 12, 2014
Sold by
Allarakhia Iqbal and Allarakhia Razia
Bought by
Allarakhia Iqbal and Allarakhia Razia

Purchase Details

Closed on
Apr 19, 2006
Sold by
Allarakhia Iqual and Allarakhia Razia
Bought by
Allarakhia Iqual and Allarakhia Razia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Crossroads Title
Interfamily Deed Transfer -- None Available
Warranty Deed $140,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $167,000 Fa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Closed $157,500 New Conventional
Previous Owner $133,600 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $210,000 -2.3% $488 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/15/2024 09/15/24 Price Changed $214,900 -4.4% $500 / Sq Ft
09/04/2024 09/04/24 Price Changed $224,900 -2.2% $523 / Sq Ft
08/02/2024 08/02/24 For Sale $229,900 -- $535 / Sq Ft
Source: Realcomp

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
2024 $4,063 $78,700 $0 $0
2023 $3,752 $72,000 $0 $0
2022 $4,010 $71,500 $0 $0
2021 $3,398 $68,200 $0 $0
2020 $3,329 $66,200 $0 $0
2019 $3,168 $66,600 $66,600 $0
2018 $3,124 $62,600 $0 $0
2017 $3,093 $65,200 $0 $0
2016 $2,984 $61,860 $0 $0
2015 $3,186 $61,675 $0 $0
2014 $3,186 $58,800 $0 $0
2013 -- $58,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • luyao jiang

    Seller's Agent in 2024

    luyao jiang

    EXP Realty Main

    (734) 658-0429

    1 in this area

    129 Total Sales

    luyao jiang
    Section Image
  • Sarah Underwood

    Buyer's Agent in 2024

    Sarah Underwood

    Redfin Corporation

    (248) 846-3216

    Section Image
See All Agents

About Tower Plaza

Map

Source: Realcomp

MLS Number: 20240053523

Realcomp

APN: 09-29-401-025

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 2G, Ann Arbor, MI

This home is located at 555 E William St Unit 2G, Ann Arbor, MI 48104 and is currently priced at $210,000, approximately $488 per square foot. This property was built in 1969. 555 E William St Unit 2G is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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