$220,000
SOLD OCT 15, 2024
1 Bed
1 Bath
430 Sq Ft
$628/mo HOA Fee

Recently Sold

$512 Per Sq Ft

8% Below List Price

67 Days on Market

Highlights

  • Elevator
  • Eat-In Kitchen
  • Central Air
  • Bach Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Liberty Plaza

About This Home

As of October 2024

Discover downtown living at its finest with this charming 1-bedroom condo located in the heart of Ann Arbor, just steps from the University of Michigan's main campus! This move-in ready unit features the spacious Grand 1 bedroom floor plan, offering ample living space. Enjoy peace of mind with 24-hour security, onsite laundry, trash pick-up, and on-call maintenance services. The thick masonry walls ensure excellent soundproofing between units for added privacy. Step outside and find yourself within walking distance of top restaurants, shops, the U-M Diag, the University of Michigan Museum of Art, and all the vibrant attractions downtown Ann Arbor has to offer. Experience worry-free living in this prime downtown location!

Last Agent to Sell the Property

Brandee Wiseman

The Charles Reinhart Company License #6501391451 Listed on: 07/26/2024

The Charles Reinhart Company

Last Buyer's Agent

Brandee Wiseman

The Charles Reinhart Company License #6501391451 Listed on: 07/26/2024

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1969

HOA Fees

  • $628 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

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, lawn/yard care, heat
  • Association Phone (734) 973-5500
  • Tower Plaza Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,104

Year Built

Built in 1969

Lot Details

0

HOA Fees

$628 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Range, Oven, Microwave, Disposal, Dishwasher
  • Interior Amenities: Elevator, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 239000.0
  • Lot Features: Sidewalk
  • 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, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 628.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 628.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: (248) 888-4700
  • Association Info:Association Phone: 734-973-5500

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Schools

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

Lot Info

  • Lot Dimensions: 0.00
  • Zoning Description: C2A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4104.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 14, 2024
Sold by
Kim Bill and Kim Lawrence
Bought by
Maldonado Carlos M and Maldonado Ingrid J
Seller's Agent
Brandee Wiseman
The Charles Reinhart Company
Buyer's Agent
Brandee Wiseman
The Charles Reinhart Company
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Total Days on Market
67
Views
54
Current Estimated Value
$220,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878
Avg. Annual Appreciation
0.63%

Purchase Details

Closed on
Jul 6, 2021
Sold by
Kim Bill
Bought by
Kim Bill and Kim Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2021
Sold by
Blatt Neal B and Shaorn Blatt Revocable Living
Bought by
Kim Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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 $220,000 Preferred Title
Interfamily Deed Transfer -- None Available
Warranty Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,500 New Conventional
Previous Owner $95,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $220,000 -7.9% $512 / Sq Ft
07/26/2024 07/26/24 For Sale $239,000 -- $556 / 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
2024 $3,563 $80,600 $0 $0
2023 $3,285 $73,900 $0 $0
2022 $3,733 $73,400 $0 $0
2021 $3,062 $70,100 $0 $0
2020 $3,370 $68,100 $0 $0
2019 $3,215 $68,400 $68,400 $0
2018 $3,154 $64,500 $0 $0
2017 $3,043 $66,300 $0 $0
2016 $2,965 $47,920 $0 $0
2015 $2,843 $47,777 $0 $0
2014 $2,843 $46,285 $0 $0
2013 -- $46,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24038144

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-036