$259,000

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

Downtown Ann Arbor Neighborhood

Estimated payment $2,714/month

Total Views 6,200
1 Bed
1 Bath
596 Sq Ft
$435 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Brian Tomsic

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

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
  • Carpet
  • 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, trash, snow removal, sewer, lawn/yard care, heat

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

0

HOA Fees

$923 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 434.56
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 6649.0
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • General Property Info:Entry Type: Security
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Flooring:Carpet Floor: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Fire Alarm: Yes
  • Security Features 24 Hour Security: Yes
  • Remarks Misc: Public Remarks: 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.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring: Carpet
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

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
  • Parking Features:Permit Required: Yes

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)
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Association Info:Approx Assoc Fee2: 923.0
  • 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

Lot Info

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

Tax Info

  • Tax Annual Amount: 6649.0
  • Tax Year: 2025

Map

About Tower Plaza

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $259,000 -- $435 / Sq Ft
Source: MichRIC

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

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

For Sale

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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Brian Tomsic
Listing Agent
Brian Tomsic
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University Realty Associates
(734) 336-7772