NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $252,841

1 Bed
1 Bath
596 Sq Ft
453 Sq Ft Lot

Sale Details

Date Sold: March 4, 2026

Last sale price $250,000 $419 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,919 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 453

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
  • General Property Info: Association YN: Yes
  • Sewer:Sewer: Public Sewer
  • 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
  • Heat Source:Heat Source: Other
  • Heat Type:Heat Type: Heat Pump, Hot Water

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

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
Nov 4, 2025
Closed on
Feb 26, 2026
Sold by
Qureshi Ehtasham and Rizvi Rehana
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Views
263
Current Estimated Value
$252,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,841
Avg. Annual Appreciation
2.11%

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 15, 2022
Sold by
Achanaicker and Dhanalakshmi
Bought by
Qureshi Ehtasham and Rizvi Rehana
Seller's Agent
Neal Parikh
Choice Real Estate Services
Buyer's Agent
Richard Marentette
Redfin Corporation
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$168,750
Interest Rate
4.32%
Mortgage Type
New Conventional

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Ann Arbor, MI

  • Michelle Stalmack Real Estate Agent - Real Estate One

    Michelle Stalmack

    Real Estate One

    (734) 390-4648

    133 Total Sales

    2 in Downtown Ann Arbor

    $725K - $1.1M Price Range

    Michelle Stalmack
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  • Lisa Ridha Real Estate Agent - The Charles Reinhart Company

    Lisa Ridha

    The Charles Reinhart Company

    (734) 821-4894

    120 Total Sales

    3 in Downtown Ann Arbor

    $395K - $925K Price Range

    Lisa Ridha
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  • Brian Tomsic Real Estate Agent - University Realty Associates

    Brian Tomsic

    University Realty Associates

    (734) 821-6443

    86 Total Sales

    83 in Downtown Ann Arbor

    $158K - $410K Price Range

    Brian Tomsic
     Section Image
  • Carson Alexander-White Real Estate Agent - Bob White Realty

    Carson Alexander-White

    Responds Quickly

    Bob White Realty

    (734) 822-7016

    22 Total Sales

    1 in Downtown Ann Arbor

    $630,000 Price

    Carson Alexander-White
     Section Image
  • Susan Niethammer Real Estate Agent - RE/MAX Platinum

    Susan Niethammer

    RE/MAX Platinum

    (734) 802-1158

    77 Total Sales

    1 in Downtown Ann Arbor

    $199,000 Price

    Susan Niethammer
     Section Image
  • Todd Waller Real Estate Agent - @properties Christie's Int'lAA

    Todd Waller

    @properties Christie's Int'lAA

    (734) 802-1481

    89 Total Sales

    1 in Downtown Ann Arbor

    $265,000 Price

    Todd Waller
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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
$250,000 Preferred Title
Qureshi Ehtasham $225,000 First American Title
Achanaicker Murugan $185,000 Liberty Title
Alghanem Fares $187,500 None Available
Olejniczak Olga -- None Available
Olejniczak Edward $195,000 Transnation Title
Greyson Mark E $170,000 American Title Co Washtenaw
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
Previous Owner $168,750
Previous Owner Achanaicker Murugan $133,000
Previous Owner Achanaicker Murugan $148,000
Previous Owner Olejniczak Edward $175,500
Previous Owner Greyson Mark E $114,000
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 Prior Sale
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 +15.1% $435 / Sq Ft
07/15/2022 07/15/22 Sold $225,000 -- $375 / Sq Ft View Prior Sale
06/11/2022 06/11/22 Pending -- -- --
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
2026 $6,693 $111,100 $0 $0
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 Real Estate Agent - University Realty Associates

    Seller's Agent in 2026

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    83 in this area

    86 Total Sales

    Brian Tomsic
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  • Ariel Hurwitz-Greene Real Estate Agent - @properties Christie's Int'lAA

    Buyer's Agent in 2026

    Ariel Hurwitz-Greene

    @properties Christie's Int'lAA

    (734) 646-5333

    3 in this area

    154 Total Sales

    Ariel Hurwitz-Greene
    Section Image

  • NP

    Seller's Agent in 2022

    Neal Parikh

    Choice Real Estate Services

    Section Image
  • Richard Marentette Real Estate Agent - Redfin Corporation

    Buyer's Agent in 2022

    Richard Marentette

    Redfin Corporation

    (248) 568-0994

    1 in this area

    44 Total Sales

    Richard Marentette
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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

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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