NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $198,000 - $211,000

1 Bed
1 Bath
430 Sq Ft
$563/ mo HOA Fee

Last Sold July 31, 2023

Last sale price $195,000 $453 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,970/month

64 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of July 2023

Welcome to this prime downtown Ann Arbor 1Bedroom/1Bathroom condo in Tower Plaza! This unit is located on the 4th floor with wall-to-wall windows. Recent years renovation includes scratch-resistant & water-proof vinyl plank floor, fresh paint, new toilet, and new vanity! The building has 24/7 lobby security, on-site laundry and extra storage in the basement. Just one block from UM Campus. Enjoy Ann Arbor events, restaurants and entertainment all within walking distance. This unit location offers an attractive value for downtown Ann Arbor living. Move in ready!

Last Agent to Sell the Property

Sophie Shi

Aspire Real Estate MI License #6502418645 Listed on: 05/24/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1969

HOA Fees

  • $563 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Concrete Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Tower Plaza Association
  • Towar Garden Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,783

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$563 per month

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: Fourth
  • Living Room Level: Fourth
  • Tax Year: 2022
  • Levels: One
  • Year Built: 1969
  • Lot Size: 0
  • Subdivision Name: Towar Garden
  • Above Grade Finished Sq Ft: 430.0
  • Living Area: 430.0
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 430.0
  • General Property Info:Total Livable Area: 430.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Fourth
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Exterior:Concrete: Yes
  • Tax Info:Zoning3: Residential
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Heat Pump
  • Total Bedrooms: 1
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Concrete

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Microwave, Refrigerator, Range, Oven, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Other
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 563.0
  • Association Fee Frequency: Monthly
  • Association Name: TOWER PLAZA
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 563.0
  • Location Legal Info:Association Name: TOWER PLAZA
  • Location Legal Info:Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Ann Arbor

Tax Info

  • Tax Carrier Route: 2424
  • Tax Annual Amount: 3783.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 31, 2023
Sold by
Wang Peng Xiang and Wang Jianjun
Bought by
Zhang Xinhul and Liu Jiahang
Seller's Agent
Sophie Shi
Aspire Real Estate MI
Buyer's Agent
Non Member
Non Member Office
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
194
Current Estimated Value
$203,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,485
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 23, 2020
Sold by
Liu Ming Chen and Zhao Jing
Bought by
Wang Jianjun and Hu Jihuan
Seller's Agent
Judie Wu
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$149,500
Sold Price
$146,800
Premium/Discount to List
-$2,700
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Mar 19, 2015
Closed on
Oct 28, 2015
Sold by
Mohan Meenakshi and Mohan Kshitij
Bought by
Liu Ming Cheh and Zhao Jing
Seller's Agent
Richard Mattie
The Charles Reinhart Company
Buyer's Agent
Judie Wu
The Charles Reinhart Company
List Price
$149,900
Sold Price
$124,900
Premium/Discount to List
-$25,000
-16.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$93,675
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhang Xinhul $195,000 Transnation Title Agency
Wang Jianjun $146,800 Capital Title
Liu Ming Cheh $124,900 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Ming Cheh $93,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $195,000 -2.5% $453 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $199,900 +36.2% $465 / Sq Ft
07/24/2020 07/24/20 Sold $146,800 -1.8% $341 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $149,500 +19.7% $348 / Sq Ft
11/02/2015 11/02/15 Sold $124,900 -16.7% $290 / Sq Ft View Prior Sale
10/21/2015 10/21/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $149,900 -- $349 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,924 $87,800 $0 $0
2024 $3,924 $82,500 $0 $0
2023 $3,369 $75,800 $0 $0
2022 $3,783 $75,300 $0 $0
2021 $3,694 $72,000 $0 $0
2020 $3,526 $70,000 $0 $0
2019 $3,356 $70,300 $70,300 $0
2018 $3,308 $66,300 $0 $0
2017 $3,325 $67,400 $0 $0
2016 $4,115 $66,500 $0 $0
2015 $2,870 $48,220 $0 $0
2014 $2,870 $46,714 $0 $0
2013 -- $46,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sophie Shi

    Aspire Real Estate MI

    (517) 488-2657

    1 in this area

    83 Total Sales

    Sophie Shi
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member Office

  • Judie Wu

    Seller's Agent in 2020

    Judie Wu

    The Charles Reinhart Company

    (734) 546-6140

    11 in this area

    192 Total Sales

    Judie Wu
    Section Image

  • N

    Buyer's Agent in 2020

    No Member

    Non Member Sales

  • Richard Mattie

    Seller's Agent in 2015

    Richard Mattie

    The Charles Reinhart Company

    (734) 730-6301

    183 Total Sales

    Richard Mattie
    Section Image
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About Tower Plaza

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 273253

Greater Lansing Association of Realtors®

APN: 09-29-401-049

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 4G, Ann Arbor, MI

Not Listed for Sale

Condos

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