$250,000
SOLD MAR 4, 2026

Tower Plaza 555 E William St Unit 5C Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood
1 Bed
1 Bath
596 Sq Ft
$923/ mo HOA Fee

Recently Sold

$419 Per Sq Ft

3% Below List Price

85 Days on Market

Highlights

  • 24-Hour Security
  • Meeting Room
  • Central Air
  • Bach Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Liberty Plaza

About This Home

As of March 2026

Nice Southwest corner Large One Bedroom floorplan. Open sunny living area with full width panoramic windows. Many updates, including maple cabinets, granite countertops, iridescent mosaic tile, combo washer/dryer, much more. 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 priced downtown residence. Parking & on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 11/04/2025

Last Buyer's Agent

Ariel Hurwitz-Greene

@properties Christie's Int'lAA License #6506048591

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $923 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System

Community Details

Overview

  • Association fees include water, snow removal, lawn/yard care, sewer, heat, trash, maintenance structure

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Building Details

  • Security

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

453 Sq Ft Lot

HOA Fees

$923 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Entry Type: Security
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Disposal, Range
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0

Exterior Features

  • Construction Materials: Other
  • List Price: 259000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, In Basement, Laundry Room
  • Security Features: 24 Hour Security, Fire Alarm, Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Meeting Room, Security, Storage, Laundry
  • Association Fee: 923.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Lot Size Acres: 0.0104
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 454.0

Tax Info

  • Tax Annual Amount: 6649.0
  • Tax Year: 2025

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Achanaicker and Dhanalakshmi
Bought by
Qureshi Ehtasham and Rizvi Rehana

Purchase Details

Closed on
Jan 19, 2018
Sold by
Alghanem Fares and Alghanem Fadwa Salem
Bought by
Achanaicker Murugan and Murugan Dhanalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2010
Sold by
Olejniczak Olga
Bought by
Alghanem Fares

Purchase Details

Closed on
Jun 27, 2008
Sold by
Olejnickzak Edward
Bought by
Olejniczak Olga

Purchase Details

Closed on
Apr 20, 2007
Sold by
Greyson Mark E and Greyson Barbara M
Bought by
Olejniczak Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Pyo Hong Yeong and Hong Sang Hae
Bought by
Greyson Mark E and Greyson Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $225,000 First American Title
Warranty Deed $185,000 Liberty Title
Warranty Deed $187,500 None Available
Quit Claim Deed -- None Available
Warranty Deed $195,000 Transnation Title
Warranty Deed $170,000 American Title Co Washtenaw
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,000 New Conventional
Previous Owner $175,500 Purchase Money Mortgage
Previous Owner $114,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Sold $250,000 -3.5% $419 / Sq Ft
01/28/2026 01/28/26 Pending -- -- --
11/04/2025 11/04/25 For Sale $259,000 -- $435 / 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 $5,187 $105,200 $0 $0
2024 $5,045 $98,100 $0 $0
2023 $4,659 $89,200 $0 $0
2022 $5,659 $88,500 $0 $0
2021 $5,499 $84,100 $0 $0
2020 $5,326 $81,400 $0 $0
2019 $5,209 $81,900 $81,900 $0
2018 $3,683 $73,800 $0 $0
2017 $3,618 $78,100 $0 $0
2016 $3,491 $72,352 $0 $0
2015 $3,324 $72,136 $0 $0
2014 $3,324 $70,300 $0 $0
2013 -- $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2026

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    89 in this area

    92 Total Sales

    Brian Tomsic
    Section Image
  • Ariel Hurwitz-Greene

    Buyer's Agent in 2026

    Ariel Hurwitz-Greene

    @properties Christie's Int'lAA

    (734) 646-5333

    5 in this area

    152 Total Sales

    Ariel Hurwitz-Greene
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 25056592

MichRIC

APN: 09-29-401-064

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 5C, Ann Arbor, MI

Sold

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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