NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 4E Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $198,000 - $212,000

Studio
1 Bath
383 Sq Ft
1969 Built

Sale Details

Date Sold: May 2, 2022

Last sale price $158,000 $413 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,922 / mo

36 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Security Service
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of May 2022

North side 4th floor Studio floorplan. Nicely kept with some minor alterations to the closet orientation made by the previous owner. Currently rented through April, 2022. 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 price downtown residence.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/10/2022

Last Buyer's Agent

Brandee Wiseman

The Charles Reinhart Company License #6501391451

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,437

Year Built

  • Built in 1969

HOA Fees

  • $525 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 383 Sq Ft Home
  • Window Treatments
  • Living Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

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, sewer, lawn/yard care, heat
  • Tower Plaza Condo Subdivision

Amenities

  • Meeting Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,437

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$525 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: 428.2
  • General Property Info:New Construction2: 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: 2437.0
  • 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
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 383.0
  • 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:Vinyl Floor: Yes
  • 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, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
  • Interior Amenities: Elevator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 383.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 164000.0
  • 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: Laundry, Meeting Room, Security, Storage
  • Association Fee: 525.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 525.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

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

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: 2437.0
  • Tax Year: 2021

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
May 2, 2022
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brandee Wiseman
The Charles Reinhart Company
List Price
$164,000
Sold Price
$158,000
Premium/Discount to List
-$6,000
-3.66%
Current Estimated Value
$203,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,610
Avg. Annual Appreciation
6.32%
Original Mortgage
$110,600
Outstanding Balance
$103,556
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$100,054

Purchase Details

Closed on
Oct 10, 2006
Sold by
Bought by
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
$158,000 Preferred Title
-- None Available
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 $110,600
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $158,000 -3.7% $413 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $164,000 -- $428 / Sq Ft
Source: MichRIC

Tax 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.

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 $3,579 $83,200 $0 $0
2024 $3,490 $78,400 $0 $0
2023 $3,218 $72,400 $0 $0
2022 $1,922 $71,900 $0 $0
2021 $2,438 $69,000 $0 $0
2020 $2,361 $67,100 $0 $0
2019 $2,252 $67,500 $67,500 $0
2018 $2,209 $64,400 $0 $0
2017 $2,131 $64,100 $0 $0
2016 $2,077 $33,568 $0 $0
2015 $1,992 $33,468 $0 $0
2014 $1,992 $32,423 $0 $0
2013 -- $32,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2022

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    84 in this area

    87 Total Sales

    Brian Tomsic
    Section Image
  • Brandee Wiseman

    Buyer's Agent in 2022

    Brandee Wiseman

    The Charles Reinhart Company

    (734) 604-0411

    4 in this area

    36 Total Sales

    Brandee Wiseman
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 23089597

MichRIC

APN: 09-29-401-047

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 4E, 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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